A research on money laundering trends by Chainalysis states that in 2023, the value of cryptocurrency transmitted by unlawful addresses dropped from $31.5 billion to a minimum of $22 billion, a decrease of nearly $10 billion. The reduction is attributed by the research to the general decline in the numbers of cryptocurrency transactions, both legal … Read more
The smartphone division of Solana Labs, Solana Mobile, handled more than $20 million in transactions in collaboration with Shopify and USDC, the second-biggest stablecoin based on the dollar. According to Solana Labs co-founder Anatoly Yakovenko, 51% of Chapter 2’s payments were made with USDC and there were no additional processing fees. With no processing fees, … Read more
Before making a small retreat, Shiba Inu gained 8%. The SHIB community is still holding out hope that the cryptocurrency may remove the zero from its decimal, something that was last accomplished in December. The SHIB burn rate has become negative at -38%, although the number of active and new addresses has increased over the … Read more
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has described the “very real economic difference” between fiat currencies like the dollar and cryptocurrencies like bitcoin. The head of the SEC pointed out, “You have a whole central bank, and support for one currency, generally per economic region,” noting that bitcoin doesn’t … Read more
As of this writing, the cryptocurrency market is worth $1.93 trillion, of which $1 trillion is attributed to bitcoin alone. There has been a 5.3% increase in Ethereum and a 4.2% increase in Bitcoin. A few cryptocurrency assets, however, have seen even bigger increases in value relative to the US dollar. In the past day, … Read more
XRP is one of the most well-known cryptocurrency projects available, having been introduced in 2012. Over the course of its more than ten-year existence, XRP’s price has risen by more than +9,015%, placing the well-liked remittance payments solution among the largest cryptocurrency projects by market value. The strong price increase raises the possibility of more … Read more
According to anonymous cryptocurrency expert Crypto Tony, the recent boost in Dogecoin’s price could cause the value of other meme coins to rise. But it’s getting harder for investors to decide which cryptocurrency to buy now that Bonk and KangaMoon are moving up the ranks. Crypto Analyst Is Confident About Dogecoin’s (DOGE) Future Dogecoin (DOGE), … Read more
On February 14, 2024, the price trajectory of Bitcoin demonstrates a strong positive trend, with the cryptocurrency hitting a 24-hour high of $51,814. The digital asset has increased significantly in the middle of a consolidating market; it has increased by 21% over the last month and by 3% today. Bitcoin After hitting intraday highs, the … Read more
With over 90,000 residents, Torrevieja wants to be among the first places in Spain that accepts cryptocurrency. The city will provide incentives for embracing cryptocurrencies as a payment method and offer workshops to retailers that are interested in learning how to accept and utilize cryptocurrencies in partnership with Apymeco, its merchant organization. Torrevieja to Promote … Read more
Michael Saylor, executive chairman of Microstrategy, has provided an explanation of why bitcoin has emerged as “the world’s most popular investment asset.” He pointed out that the cryptocurrency has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming in through these ETFs as there … Read more