A new report by ResearchAndMarkets.com reveals that the global cryptocurrency Market, valued at $1.3 billion in 2023, is expected to grow to $1.8 billion by 2030, with a compound annual growth rate (CAGR) of 4.8%. The report provides detailed insights into Market trends, drivers, and forecasts, covering key regions such as the U.S., China, and ...
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 ...
The Central Bank of Brazil is taking steps to control the use of stablecoins, planning to prevent users from withdrawing them to self-custodial wallets. This measure is intended to manage financial operations involving digital assets and maintain the integrity of international capital flows. The bank’s proposal restricts stablecoin transfers between residents in scenarios where Brazilian ...
The world of cryptocurrencies is back in focus as Bitcoin recently hit new heights. Many people may find terms like Bitcoin, blockchain, and crypto exchanges confusing. Bitcoin is the leading cryptocurrency, known for its wild price swings and lack of control by traditional banks. The blockchain technology supports Bitcoin, recording all transactions in a secure ...
Bitcoin’s price sits at $95,300, slightly recovering from a recent dip. MicroStrategy’s co-founder, Michael Saylor, emphasized Bitcoin’s future importance during a pitch to Microsoft, suggesting it represents a key technological wave. Despite a small outflow of $136.5 million from Bitcoin spot ETFs last week, stablecoin reserves on Binance have hit a record high, indicating renewed ...
Faryar Shirzad, Coinbase’s chief policy officer, predicts that the U.S. cryptocurrency industry will soon see rapid regulation following Donald Trump’s presidential election victory. He believes that with Trump’s pro-crypto stance and the Republican Party controlling Congress, new laws will be passed to benefit the 50 million Americans who own cryptocurrencies. Two significant bills are currently ...
At the start of this week, Bitcoin was nearing a significant price milestone of $100,000, currently trading at $95,116. The surge in Bitcoin’s value, which began in mid-2024, is largely attributed to institutional investor interest and improved regulatory clarity in the U.S. Market analysts predict that if current trends continue, Bitcoin could reach $120,000 by ...
This week, Bitcoin is nearing a historic price of $100,000, currently trading at $95,116. The surge, driven by institutional investors and increased trading, reflects growing confidence in U.S. regulatory policies. Analysts suggest that if momentum continues, Bitcoin could reach $120,000 by early 2025. Meanwhile, stablecoins have gained traction, surpassing a total Market cap of $190 ...
The UK is set to introduce a comprehensive cryptocurrency regulation framework by early 2025, targeting stablecoins and clarifying the legal status of staking services. The Treasury has confirmed that stablecoins will not fall under UK payments regulation, aiming to foster innovation while ensuring safety through oversight by the Financial Conduct Authority (FCA). This framework also ...
The UK government plans to introduce a new framework for cryptocurrency regulation in early 2025, which will cover stablecoins and clarify the legal status of staking services. The Treasury has decided that stablecoins will not fall under UK payment regulations, focusing instead on promoting innovation and overseeing risks through the Financial Conduct Authority. This regulation ...
