Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. Read More at https://cointelegraph.com/news/stablecoin-volume-alone-won-t-pump-bitcoin-markets-ki-young-ju?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: November 2024
'I dropped the EigenLayer advisorship' — ETH Foundation's Justin Drake
Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields. Read More at https://cointelegraph.com/news/i-dropped-eigen-layer-advisorship-ethereum-foundation-justin-drake?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Macro factors in Canada and US good for Bitcoin's price — WonderFi CEO
The M2 money supply is an economic measure of the total amount of a sovereign nation’s fiat currency currently circulating worldwide. Read More at https://cointelegraph.com/news/macro-factors-canada-us-good-bitcoin-price-wonder-fi-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump makes big promises about crypto in US — But can he deliver?
Trump is making bold promises to capture the attention of the digital asset industry and investors. Read More at https://cointelegraph.com/news/trump-promises-crypto-election-usa?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NFT sales surge 18% as all-time volume on Solana nears $6B
NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record. Read More at https://cointelegraph.com/news/nft-volume-increase-october-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What is BRICS Pay and why does it matter?
BRICS Pay seeks to lessen reliance on the US dollar, reducing sanctions risks and fostering a sovereign financial system for transactions. Read More at https://cointelegraph.com/explained/what-is-brics-pay-and-why-does-it-matter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US store chain Sheetz expands crypto payments via Flexa
Sheetz has expanded its partnership with Flexa to accept BTC, ETH and stablecoin payments at over 750 locations in the US. Read More at https://cointelegraph.com/news/us-store-chain-sheetz-expands-crypto-payments-via-flexa?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto volatility may spike if US election is ‘too close to call’ —FalconX
An analyst warns that “volatility” could emerge if the US election results are close, but traders will be relieved once it’s over, giving the market “firmer ground.” Read More at https://cointelegraph.com/news/united-states-election-crypto-market-volatility-trump-harris-falconx?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mutant Ape NFT ripoff creator to forfeit $1.4M, avoids prison
Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence. Read More at https://cointelegraph.com/news/mutant-ape-planet-creator-avoids-prison?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SafePal launches Telegram crypto wallet with Visa card support
SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said. Read More at https://cointelegraph.com/news/safepal-telegram-crypto-wallet-visa-card?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound