Bukele advisers said BTC adoption was ‘complete PR move’ — TIME reporter
According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception. Go to Source
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Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, … Read more
Anchorage Digital Bank, Bitgo join Coinbase to custody 21Shares crypto ETFs
The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers. Go to Source
Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine
Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to bitcoin, bitcoin cash, and ether, with a 180-day window to sell other crypto assets. If certain … Read more
What ‘far-fetched’ scenarios could still send Bitcoin price to $0?
Despite some dedicated critics saying otherwise, Bitcoin hitting $0 is extremely unlikely due to its strong global community, established infrastructure and historical resilience. Go to Source
eToro US to cease nearly all crypto trading following SEC settlement
The trading platform agreed to pay $1.5 million as part of the settlement with the SEC. Go to Source
Bitcoin price slips from $58K as US PPI, jobless claims surprise
Bitcoin faces a struggle for support into the Wall Street open as US macro data piles in thick and fast. Go to Source
Turkey’s $200 limit on cash payments: What does it mean for crypto?
Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%. Go to Source
Coinbase launches ‘cbBTC’ wrapped Bitcoin digital asset
The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New York. Go to Source
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography … Read more