CryptoNews

Cryptocurrency Transactions' Volumes Spike Nearly 25% in Brazil

October 22, 2024
The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant, with Tether’s USDT leading the charge. The leading stablecoin registered volumes of $27.4 billion…
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CryptoNews

Classic Games Meet Web3: Snake on Solana Games

October 17, 2024
Join Regina as she explores SOL Arena, a new battle royale on the Solana network that combines the simplicity of Snake with the intensity of Web3 competition. Last Week’s Quick Recap Nifty Island is a decentralized metaverse and social platform where players can build, explore, and engage in a virtual world. It emphasizes land ownership through customizable islands, allowing users to…
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Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800

October 16, 2024
Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are key factors driving this potential rally, supported by increasing institutional inflows and bitcoin call…
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CryptoNews

Ripple Reveals Exchanges for Stablecoin RLUSD Launch

October 16, 2024
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves…
CryptoNews

Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority

October 14, 2024
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator’s authority over XRP futures. The case adds to rising tensions between crypto firms and the SEC…
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