Bitcoin has seen a remarkable surge of over 35% in the past 30 days, crossing the $100,000 milestone, which many long-time investors predicted. While seasoned investors might feel validated, newcomers might feel anxious about missing out. It’s not too late to invest, but understanding Bitcoin’s cycles is crucial. Historically, Bitcoin shows strong price increases following ...
As we near 2025, the cryptocurrency Market is heating up, with Bitcoin recently crossing the $100,000 mark. This surge signifies not only excitement among investors but also a growing integration of cryptocurrencies into traditional finance, thanks to improvements in blockchain technology. While cryptocurrency payments are not widely adopted yet, companies like Triple-A and Coinbase are ...
Vancouver councillors have voted to explore making the city “bitcoin-friendly,” following a motion from Mayor Ken Sim. This initiative aims to allow the city to hold some cryptocurrency in reserves and accept payments in bitcoin. Mayor Sim, an investor in cryptocurrency, believes this move could enhance the city’s financial stability amid inflation and Market instability. ...
Vancouver City Council has approved a motion aimed at making the city more supportive of Bitcoin. Mayor Ken Sim is pushing for this change to help protect the city’s financial stability against inflation. He believes incorporating Bitcoin into the city’s finances could be beneficial and has even promised to donate $10,000 worth of Bitcoin to ...
Stablecoins are gaining significant traction in the global cryptocurrency Market, now accounting for over two-thirds of all crypto transactions. Unlike traditional cryptocurrencies, stablecoins maintain a steady value by being pegged to stable assets like fiat currencies or commodities. They serve various purposes, including international payments, liquidity management, and protecting against currency fluctuations, especially in regions ...
A new experimental journal called ResearchHub Journal is changing how peer reviewers are compensated by paying them $150 per review in a special cryptocurrency called ResearchCoin. Founded by Brian Armstrong, the creator of Coinbase, the platform aims to make scientific research more open and efficient. Authors pay a $1,000 fee to publish their work, and ...
A Canadian financial firm has been identified as a key payment processor for many Russian cryptocurrency exchanges and cybercrime services targeting Russian-speaking users. An investigation revealed that this business operates from a Vancouver address shared by numerous other foreign currency dealers and money transfer services, raising concerns about legitimacy. Blockchain analyst Richard Sanders, who formerly ...
Bitcoin has soared past the $100,000 mark following the release of November’s inflation data, which met expectations with a yearly increase of 2.7%. This has led many investors to speculate that the Federal Reserve may lower interest rates by 25 basis points soon. The overall cryptocurrency Market also surged by over 4%, with popular altcoins ...
On Wednesday, major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced significant gains, fueled by Bitcoin surpassing the $100,000 mark. In the past day, Bitcoin rose by 5.3%, while Ethereum and Dogecoin followed closely with increases of 5.2% and 7.9%, respectively. This surge correlates with the announcement of a 2.7% rise in the Consumer Price Index, ...
The U.S. Securities and Exchange Commission recently charged three Nigerian nationals for impersonating brokers in a scheme that scammed over $2.9 million from investors. The defendants created fake websites and used advanced technology, including voice-modification software, to gain trust and promote nonexistent trading expertise. They directed victims to invest in Bitcoin through legitimate platforms but ...
