USDC whale holdings percentage lowest in almost two years

The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account. 116 Total views 2 Total shares The central bank of Russia is trying to evaluate the amount of Bitcoin (BTC) held by local investors amid a massive amount of money not returning to banks following…

Just 1% of United States adults reported using crypto for payment or to send money in 2023.

Bitcoin (BTC) is keeping traders on the edge of their seat this week as support levels come close to breaking.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders line up targets below $40,000Data from Cointelegraph Markets Pro and TradingView shows that lines in the sand below $40,000 barely remain intact after multiple retests.The $40,000 mark has been…

The Turkish lira lost 15% of its value and dipped close to its all-time low after Turkey's President Erdogan fired central bank governor Naci Agbal. This resulted in a massive spike in Bitcoin (BTC) searches in Turkey as investors sought to protect their wealth from devaluation. This is just another example that shows how investors…

Saturday, Dec. 8 — Amid a new collapse in the crypto markets yesterday, cryptocurrency ranks are continuously changing as various coins overtake each other by market capitalization. While green prevails among a number of top 100 coins, the markets are trading sideways, with the total market cap hovering at the same levels as yesterday.Market visualization…

Crypto payments network Electroneum is expanding its utility bill and mobile phone airtime top-up coverage to more countries in Africa. 3465 Total views 23 Total shares Electroneum has announced the expansion of its service coverage to four additional West African countries — Benin, Togo, Côte d'Ivoire, and Sierra Leone.The move brought the company’s African service coverage…

Blockchain payments startup Celo has raised $30 million from well-known crypto investors Polychain Capital and Andreessen Horowitz, the Wall Street Journal (WSJ) reported on April 2.Celo, which is the trading name of A Protocol Inc., plans to use an in-house digital token and stablecoin to facilitate cross-border payments, primarily focusing on the unbanked using smartphones.Having…

The National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section. 147 Total views 1 Total shares The United States Department of Justice (DoJ) has said it will double the number of staff on its crypto crime team established in 2021. The unit will add to its…

The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses.