Huobi Expands Into Latin America With Bitex Acquisition
by As part of an expansion process, Huobi Global has acquired a crypto firm, Bitex. Bitex has been in the Latin American market for over eight …
Author: David Hecht
Tron Stablecoin Grows Amid Crypto Market Capitulation
The fall of Terra’s UST has cast doubt over the future of stablecoins and their underlying ecosystems. The recent capitulation, which caused the market’s bearishness, …
Tether Launches Stablecoin Tied To Mexico’s National Currency
The blockchain and stablecoin firm, Tether has added another stablecoin to its arsenal. The new stablecoin, which will join other stablecoins, is pegged to the …
Cardano Technical Analysis on May 28
Cardano is one of the cryptocurrencies that has suffered the most from major price drops. There is still a lot to deter people from using …
BitMex Hit a New Daily High of Spot Trading
BitMex has set a new daily record in transaction volume. The exchange recorded $24 million in trading volume in 24 hours, marking a new record …
Vice Chair Of Federal Reserve Says Stablecoin And CBDC Can Coexist
Recently, the popularity of digital currencies has drawn much concern from regulatory officials. Officials of the United States continue to give their opinion about CBDCs …
Portugal’s Parliament Votes Against Crypto Tax Proposals
Portugal’s Parliament has turned down two separate propositions from minority parties regarding taxing crypto traders. During Wednesday’s 2022 budget debate, Bloco de Esquerda and Livre …
Balenciaga To Allow BTC And ETH Payment As From June
The French luxury fashion brand Balenciaga is warming up to the digital age. The brand has announced it will start accepting cryptocurrency as a payment …
Will Lido Get Terra Reboot’s Support?
One of the most popular Ethereum-based DeFi protocols, Lido, has sparked a community discussion about whether or not to support Terra following its hard split. …
India: RBI Officials Believe Crypto Adoption Will Reduce The Power Of The Rupee
According to recent reports, representatives from India’s Reserve Bank have once again raised concerns over the widespread use of cryptocurrencies, which they assert would eventually …
