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Bitcoin Whales Balance Returns To Pre-FTX Collapse...

May 19, 2024

Heading into the year 2024, Bitcoin spot ETFs (exchange-traded funds) and the halving event were arguably the biggest narratives in the crypto space. The Securities and Exchange Commission (SEC) approved the first BTC spot products in the US early on, driving the coin’s price to a new all-time high. The halving event, on the other hand, has not exactly led to the highly-anticipated positive run for the Bitcoin price, which has rather struggled over the past few weeks. The...

Genesis Gets Court Approval For $3 Billion...

May 19, 2024

Bankrupt crypto lender Genesis Global Capital has secured court approval to commence its $3 billion repayment plan to its creditors. The decision comes with revelations that Genesis’s parent company Digital Currency Group (DCG) will be recovering no value from the bankruptcy payout plan. US Court Sides With Genesis, Denies DCG Claims On Repayment Plan In a court ruling on Friday, Judge Sean Lane of the US Bankruptcy Court, Southern District of New York granted approval of the proposed repayment...

X To Unleash The Dogecoin Flood? Payments...

May 19, 2024

The Dogecoin army is barking with excitement after an insider hinted at the long-awaited integration of Dogecoin (DOGE) into X Payments, Elon Musk’s social media platform. However, a closer look reveals a reality check is needed before Doge rockets to the moon. Dogecoin Disciples Rejoice At Insider’s Tweet A spark ignited the Doge community when “DogeDesigner,” an insider with both X and Dogecoin connections, tweeted about a potential late-2024 launch of X Payments with DOGE support. This unleashed a...

Shiba Inu Metrics Turn Bullish: Here’s How...

May 19, 2024

Shiba Inu is exhibiting interesting price action as it looks to break above a downward-sloping upper trendline under which it has been trading since the first week of March. Currently, SHIB is up by 10% in the past seven days and is at a decisive junction of a breakout that could lead to a strong bullish action. Failure to exhibit a strong breakout could lead to a reversal into bearish action. However, although SHIB is looking prime for a...

Ripple Market Report: Why Is XRP Volume...

May 18, 2024

Cryptocurrency payment company Ripple has released XRP’s market report for the first quarter of 2024. The report sheds light on XRP’s soaring trading volume. It also highlights updates on the on-chain performance and recent technical developments of the XRPL ecosystem. XRP Spot Volume Surges According to the Q1 2024 XRP market report published officially on Ripple’s website on May 17, the total volume of Centralized Exchanges (CEX) in March has surged to unprecedented levels, recording an increase to $2.93...

Crypto Power: Michael Saylor Says Wall Street...

May 18, 2024

The crypto industry is popping champagne corks (or perhaps uncorking their digital wallets) after a surprise victory in the US Senate. On Thursday, the upper chamber voted 60-38 to repeal a controversial rule introduced by the Securities and Exchange Commission (SEC) known as SAB 121. The Regulators Reel Back The defeated rule would have forced banks holding digital assets for clients to classify them as liabilities on their balance sheets. This, according to the Digital Chamber of Commerce, the...

Bitcoin Investor Sentiment Witnesses Bullish Shift –...

May 18, 2024

After hitting an all-time high of $73,737 in mid-March, the price of Bitcoin has not been able to sustain itself at a high level of vigor and strength. The premier cryptocurrency did, in fact, enter a new era with the April halving event, but its price performance in the past weeks has yet to reflect this. However, Bitcoin enjoyed a stroke of fortune in the past week, with its price climbing above $67,000 for the first time in nearly...

PhonePe partners LankaPay on UPI payment acceptance...

May 17, 2024

PhonePe, today announced that it has enabled UPI payment acceptance in collaboration with LankaPay across LankaQR merchant points at a grand event held in Colombo. The event was graced by His Excellency Shri Santosh Jha, the High Commissioner of India to Sri Lanka, as the Chief Guest, who highlighted the key role played by fintech connectivity in the overall connectivity between India and Sri Lanka. Addressing the gathering Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka...

Erste Bank Hungary launches in-app flight delay...

May 17, 2024

Erste Bank Hungary, part of Erste Group, one of the largest financial services providers in Central and Eastern Europe, has launched Erste Flight Delay Insurance to its banking customers in their George app. Available from today, George’s newest digital service enables retail forint account holders to protect their travel plans against flight departure delays of one hour. The insurance is powered by leading European B2B2C insurtech Companjon, which specializes in fully digital, AI-driven embedded insurance solutions. The Erste Flight...

Chiba Bank picks Moneythor for personalised banking

May 17, 2024

Moneythor, the leading provider of real-time, personalised engagement and loyalty solutions for banks and fintech firms has announced that it has been selected by Chiba Bank, one of the leading regional banks in Japan, to bring real-time personalised experiences to its customers and enhance customer engagement. Recognising the evolving needs of its customers, Chiba Bank has proactively sought innovative solutions to deliver tailored recommendations and enhance customer digital experiences. Chiba bank required an all-in-one solution that could deliver money...

HSBC taps Ember to give small business...

May 17, 2024

HSBC UK has partnered with accounting-software fintech Ember to create an innovative insights tool designed for small businesses. My Business Finances has been created to reduce the burden of financial management and free up time for businesses to focus on their core activities. It does so by embedding Ember’s intuitive accounting and tax software within HSBC UK’s online banking platform. My Business Finances can produce real-time profit and loss, self-assessment tax and available dividends reports, enabling business owners to...

Over 600,000 OTP customer visit its carbon...

May 17, 2024

OTP customers are showing just how keen they are to measure their carbon footprint with over 600,000 visits to the bank’s carbon tracker in its first six months. The opt-in feature is powered by the green fintech, Cogo’s, carbon footprint methodology which is seamlessly integrated into the banking experience. OTP is among the first banks in Hungary to introduce a carbon management feature for customers. The feature rolled-out following a successful six month pilot with 10,000 customers in 2022...

LimeWire AI Studio Review 2023: Details, Pricing...

December 13, 2023

In the rapidly advancing landscape of AI technology and innovation, LimeWire emerges as a unique platform in the realm of generative AI tools. This platform not only stands out from the multitude of existing AI tools but also brings a fresh approach to content generation. LimeWire not only empowers users to create AI content but also provides creators with creative ways to share and monetize their creations. As we explore LimeWire, our aim is to uncover its features,...

Satoshi-era Bitcoin awakens: 1,005 BTC mined in...

August 16, 2023

1,005 BTC, valued at $29 million, has been moved from an old Bitcoin wallet after 13 years, drawing parallels to recent dormant BTC movements. News <!–> –><!–> Join us on social networks –> A Bitcoin (BTC) wallet containing 1,005 BTC mined in 2010 has reawakened, with an anonymous user moving the long dormant coins to new addresses in a number of different transactions. Speaking exclusively to Cointelegraph, Kirill Kretov — a blockchain researcher, developer and cryptocurrency trader — weighed...

Here’s what happened in crypto today

August 16, 2023

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Recap <!–> –><!–> Join us on social networks –> Coinbase is preparing to roll out cryptocurrency futures trading for institutional investors in the United States after winning approval from the NFA. Meanwhile, crypto miners in the United States have a new lobbying group aiming to dispel misconceptions about the industry’s sustainability,...

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