The cryptocurrency casino Roobet announced on March 1st its partnership with the iconic rapper Snoop Dogg in a move that aims to “reinvent” the online entertainment industry. According to Roobet’s official site, Snoop Dogg and the casino will work together to “shake up the industry and bring players a one-of-a-kind gaming experience,” thanks to the...Read More
A joint study conducted by Ripple and the Faster Payments Council (FPC) estimated that more than half of the surveyed leaders of payment firms think most merchants will accept cryptocurrencies as a settlement method within one to three years. Almost every participant suggests that blockchain technology will enable faster financial transactions in the near future....Read More
The G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting on February 24-25 in Bengaluru, India, concluded with a strong commitment to regulations for the cryptocurrency sector. The International Monetary Fund (IMF), Bank for International Settlements (BIS), and Financial Stability Board (FSB) have been tasked to come up with recommendations and a roadmap for regulating...Read More
Bitcoin displayed an unexpected move in the past few days by squashing the possibilities of reaching $30,000, enrouting through $25,000 initially and later at $28,000. However, the recent price plunge changed the entire scenario, as now the price is expected to revisit the support below $20,000 again. The price of Bitcoin dropped from the ascending...Read More
Silvergate Capital Corporation was once among the most preferred banking institutions for cryptocurrency business, but the entity has faced numerous issues in the past few weeks. The latest saw the bank closing its crypto payment service called the Silvergate Exchange Network. “Effective immediately Silvergate Bank has made a risk-based decision to discontinue the Silvergate Exchange...Read More
Ripple holders and the Crypto world are holding their breath in what could be a landmark ruling as the XRP lawsuit looks set to come to closure in 2023. As Avorak AI ICO picks up, the Crypto community’s excitement is awakening XRP’s rejuvenation. Despite its recent rollercoaster performance, XRP price is already rising amid investor...Read More
Since being embroiled in a regulatory tussle, BUSD’s market cap went on a steep downward spiral. Since hitting an all-time high of $23.04 billion in November 2022, the market cap of the once-major stablecoin declined by more than 60% to $9.17 billion at the time of writing. The Paxos situation is indicative of the larger...Read More
The cryptocurrency market has been making headlines due to several financial crises and SEC’s scrutiny going through the space with unpredictable fluctuations. It seems that the upcoming week will be no exception as the market will likely remain volatile ahead of major macro events. With several key macro events on the horizon, investors and analysts...Read More
