Natural disasters wreck FinTech infrastructure, proving cash is still king
The lessons from recent hurricanes shouldn’t be ignored. It’s time to upgrade internet infrastructure and position people to achieve financial sophistication.
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Bitcoin Fails to Hold $8K as Cryptos Trade Sideways, Stocks Tumble After Recent Surge
Tuesday, June 11 — crypto markets are trading sideways, with the top 20 coins by market cap predominantly seeing red at press time, according to data from CoinMarketCap.Market visualization from Coin360Bitcoin (BTC) has failed to hold the $8,000 price point that it broke yesterday after seeing another dip below $7,900 before. At press time, bitcoin…

Mass adoption looms as South America’s second-largest company accepts crypto payments
On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system. The $81 billion retailer is the second largest company in South America and is present in 18 countries, including its…

Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
Major US banks get passing grade in ‘severe recession’ stress test
America’s central bank has been stress-testing retail banks in the wake of several high-profile banking collapses earlier this year. 337 Total views 1 Total shares The American central bank has determined that all 23 of the country’s largest banks would be able to survive a severe recession following its “stress tests.”The report issued on June…

Binance Charity Announces Alliance to Support Feminine Health
The Binance Charity Foundation (BCF) has announced a new initiative for improving feminine health.BCF, which is the philanthropic arm of cryptocurrency exchange Binance, announced an alliance of 47 organizations to make a token geared towards women's health in a blog post on July 3.46 organizations, including industry players such as Ripple, smart contract security firm…

‘To the moon’ or ‘total crash’? Bitcoin price hits new 4-month highs
Bitcoin (BTC) spiked higher around the Jan. 17 Wall Street open as nervous analysts waited for further cues.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOpinions diverge over Bitcoin's fateData from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly touching $21,594 on Bitstamp, marking its highest since Sep. 13.As bullish impulses continued to hit the chart, reactions…

Valour launches first ETP for Near Protocol’s native token
The exchange-traded product will be available on Sweden’s Spotlight Stock Market.

Falling US dollar is signaling a strong quarter for crypto: Raoul Pal
Real Vision CEO Raoul Pal says the weakening United States dollar could lead to a crypto market boost in the second quarter of the year, with Bitcoin jumping nearly 4% over the past 24 hours as the greenback continues to slide. “With the dollar, rates and oil headed lower (all specific aims of Bessent), financial