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Category Archives: Cryptocurrency

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Gensler issues warning ahead of SEC’s Spot Bitcoin ETF decision

Spot Bitcoin ETF applicants strategically adjust fees ahead of potential SEC approval. Invesco, Valkyrie, and WisdomTree reduce costs to attract investors. Gensler’s cautionary note; SEC emphasizes risks in cryptocurrency investments, warning of unique challenges. As the crypto community eagerly awaits the SEC’s decision on Spot

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BitPay expands crypto offerings; now supports for UNI, BNB, LINK, and More

BitPay expands crypto support, adding UNI, BNB, LINK, CRO, VERSE, BAT to its roster. CEO Stephen Pair underscores commitment to user-friendly crypto payments. Users to enjoy versatile options, from luxury purchases to practical expenses. BitPay, initially established as a Bitcoin-focused payment startup, has broadened its

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TRON Exceeds Bitcoin in Daily Active Addresses

Surprisingly, TRON takes the top spot on the list of cryptocurrencies with the most active daily addresses, with 1,643,580. It is followed by Bitcoin, which has 867,570 active addresses. In third place is Litecoin with 754,272 active daily addresses. Cryptocurrencies are always on the move,

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Honduras’ Próspera Zone recognizes Bitcoin as an official unit of account

Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads the initiative, emphasizing the right to financial flexibility. Despite temporary limitations, entities opting for Bitcoin can calculate tax obligations internally. In a significant development, the

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The explosive growth of cryptocurrencies over the past decade

Cryptocurrencies surged from 66 in 2013 to 8,886 in 2023. 2017 marked explosive growth, leading to 2,817 currencies. The market peaked at 7,557 in 2021, later consolidating to 8,886 in 2023. In the fast-paced world of finance and technology, the last decade has witnessed an

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