CryptoNews

Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million – Regulation Bitcoin News

Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.” Only 10% of FSPs Derive Income From Both Regulated and Unregulated Financial Services According to findings of a crypto…
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CryptoNews

Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi's Booming Staking Sector – Defi Bitcoin News

Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket Pool Reach New Heights with 9 Million and 1 Million Ether Milestones The industry of liquid staking, now…
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Latam Insights: Colombian President Meets Blockchain Experts, Brazil Passes 15% Tax for Foreign Crypto Investments – Bitcoin News

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Colombian president met with a group of blockchain proponents, the Brazilian Senate passed a law taxing investments in foreign exchanges, and the Fintech Chamber proposed a tokenization framework in Argentina. Colombian President Gustavo Petro Held a Meeting…
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CryptoNews

Circle Partners With SBI Holdings to Launch USDC in Japan

Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the local use of stablecoins in the…
CryptoNews

Bitcoin Technical Analysis: BTC Bulls Attempt to Break Upper Resistance – Markets and Prices Bitcoin News

The price of bitcoin is hovering just above the $38K range after a bullish trading day on Tuesday following U.S. Federal Reserve Governor Chris Waller’s dovish speech. Bitcoin’s 24-hour range has been between $37,156 to $38,450 and it currently has a market capitalization of around $745 billion. Bitcoin As bitcoin’s price hovers around $38,275, a detailed examination of oscillators and…
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