Circle, the company behind USDC, the second-largest stablecoin in the cryptocurrency market, has announced its official launch in Brazil. The company inked an alliance with BTG Pactual, the largest investment bank in Latam, to provide onboarding and distribution services for Brazilian companies. Circle also partnered with Nubank, a leading digital neobank. Circle Partners With BTG […] Source CryptoX Portal
To make a Floki coin price prediction, we’ll explore the nature of the project as well as recent price performance and the wider factors affecting price. Let’s begin! What is Floki Inu (FLOKI)? Floki Inu (FLOKI) is a well-established meme coin that emerged from humble beginnings as a joke coin referencing Elon Musk’s dog, Floki. The coin launched in 2021, and aims to be a movement encompassing Web3 products, charity work, and its native cryptocurrency FLOKI. FLOKI is chain-agnostic and can be used on both the Ethereum and Binance Smart…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. ATH is gaining traction as a promising crypto token together with Bitcoin and Ethereum. Bitcoin has rocketed back to almost $70,000 per BTC, nearing its all-time high of $73,000 reached last March. Meanwhile, Ethereum has seen a 20% rise to nearly $4,000 per ETH. The massive rally follows the U.S Securities and Exchange Commission (SEC) approval of both Bitcoin and Ethereum exchange-traded funds (ETFs). Recently, the SEC has made…
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would benefit innovators, regulators, and consumers in both countries. Hester Peirce Pushes for US-UK Collaborative Financial Sandbox U.S. Securities and Exchange […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions explode by factors of 10, if not hundreds. Fewer larger transactions, lots of smaller transactions.” He noted […] Source CryptoX Portal
Musk has denied claims that he discussed crypto with Trump despite ongoing speculation and reports suggesting otherwise. Elon Musk took to X (formerly Twitter) to deny reports suggesting he talked about crypto with Donald Trump, the leading candidate for the 2024 Republican presidential nomination. “Pretty sure I’ve never discussed crypto with Trump, although I am generally in favor of things that shift power from government to the people, which crypto can do,” Musk wrote in a post on X. The Tesla CEO was responding to a Bloomberg report that claimed…
Web3-focused venture firm A16z Crypto nearly doubled its donation to major blockchain super PAC Fairshake. A16z Crypto founder and managing partner Chris Dixon confirmed his company’s $25 million donation to Fairshake, a super political action committee (PAC) focused on lobbying pro-crypto regulations on Capitol Hill. The financial support will cushion campaign efforts for political candidates dedicated to protecting internet freedom, open-source blockchain development, and cryptography in the U.S., Dixon said at Consensus 2024. The latest donation increased a16z Crypto’s contribution to Fairshake and its affiliated PACs to $47 million, joining…
At spot rates, Ethereum prices have been edging lower, recently even retesting the immediate support at $3,700. Even though the coin is still hovering around this level, optimism is high that it will spike higher in the coming days. Ethereum Whales Are Now Accumulating Cementing this outlook, one analyst, citing on-chain events, notes that a bullish narrative may be unfolding. Pointing to the sharp increase in Ethereum addresses controlling over 10,000 ETH, the analyst is now convinced that investors are through with their distribution and are not accumulating, expecting more…
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic stablecoin. According to a court filing, the settlement terms are currently undisclosed and the alleged […] Source BitcoincryptoexchangeExchanges CryptoX Portal
On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a groundbreaking marketplace where DeLorean enthusiasts can purchase, sell, and exchange vehicle reservation build slots. Web3 Agency Otherlife and Auto […] Source BitcoincryptoexchangeExchanges CryptoX Portal