Philippines adopts Tether’s USDT for social security payments

Bitcoin (BTC) recovered from an overnight dip on Dec. 20 as Japan’s central bank sparked chaos on global financial markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens BoJ policy to FTXData from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near $17,000 after falling over 3% through the course of Dec. 19. The largest…

Institutional-grade cryptocurrency investment services firm BitGo will provide wallet and custody support for cryptocurrency Tron (TRX), according to a press release shared with Cointelegraph on Feb. 20.Per the release, BitGo will add support for TRX later this year, making it available for institutional investors. TRX thus joins over 100 other digital currencies already supported by…

The wallet address in question received funds from various international and U.S.-based wallets linked to FTX, which amassed over 83,878.63 ETH (worth over $105.3 million) in just two hours. 241 Total views 1 Total shares The recent tensions between the two major crypto exchanges FTX and Binance, which was accompanied by a massive selloff of…

Martin El-Khouri, a senior director at Bertelsmann Investments, spoke with Cointelegraph at the Proof of Talk conference on the state of VC investments in Web3. 985 Total views 11 Total shares The crypto space has been facing waves of uncertainty in recent months, with looming regulations from authorities worldwide and a lingering market downturn. Despite the state…

The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.

The chairman of the European Securities and Markets Authority (ESMA) — the European Union-level financial markets supervisor — has said that he supports further regulations on digital assets, political news outlet Roll Call reported on Feb. 27.Delivering his speech at the FinTech Conference 2019 earlier this week in Brussels, Belgium, ESMA Chairman Steven Maijoor reportedly…

Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who's using the largest cryptocurrency to make ends meet.Jorge, who goes by his first name for anonymity, lives in the tiny village of Bomba, Mozambique, on its southeast coast. Since the Covid-19 pandemic stripped away tourism from…

The United States equities markets and the crypto markets are likely to remain volatile in the near term because traders remain nervous about the size of the next Federal Reserve rate hike on Sept. 20 and 21. While the majority favors a 75 basis point rate hike, according to the CME FedWatch Tool, some analysts…