America

As the November elections draw near, former President Donald Trump is ramping up his support for Bitcoin and the broader cryptocurrency industry, positioning digital assets as a central theme in his campaign for the White House.  America As The Bitcoin Capital During a recent address at the Economic Club of New York, Trump articulated his vision for embracing industries of the future, notably positioning the United States as the global hub for crypto and Bitcoin.  “Instead of attacking industries of…

Big moves are on the horizon as Russia steps into the world of cryptocurrency. Initially, Russia imposed strict regulations, banning crypto payments and controlling exchanges. However, recent developments indicate a policy shift, with the government preparing to adopt a law on cryptocurrency payments and aiming to launch international crypto transactions by year's end.  Meanwhile, America is exploring the idea of holding Bitcoin reserves and candidate in president Trump has a crypto narrative.These developments could ignite a new bull market. Which…

Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Bitcoin Bet Lost: Did The ‘Drake Curse’ Do It Again? On Monday, Drake shared on Instagram that he had bet against the Argentina National Football Team. Ahead of the match, the rapper placed a $300,000 bet in Bitcoin that the Canada National Football Team would defeat the World Cup champions…

USDT now dominates over 40% of cryptocurrency transactions in Latin America, surpassing Bitcoin in regional popularity. Inflation and currency devaluation drive Latin American traders towards stablecoins, seen as more stable than volatile Bitcoin. A recent study by research firm Kaiko highlights a significant shift in the cryptocurrency landscape of Latin America. The report indicates that USDT, a stablecoin, now accounts for over 40% of all cryptocurrency transactions in the region, surpassing Bitcoin, which has long dominated the market. Source: Kaiko…

Argentine authorities scrutinize Worldcoin for potential abusive clauses and discrepancies in provided information. Despite controversies, Worldcoin continues its expansion across Latin America, facing critiques on privacy and data security. Worldcoin, a project known for its unique approach of offering tokens in exchange for scanning users’ irises, has announced plans to make Argentina the regional hub for its Latin American operations. This expansion includes the opening of 50 new facilities across over 10 Argentine cities. Expansion and Local Impact The announcement,…

South America surpasses Europe in cryptocurrency users, with 55 million people using bitcoin and other crypto assets. Argentina’s cryptocurrency ownership rate stands at 18.9%, making it a leading country in global crypto adoption. South America has surpassed Europe in the number of cryptocurrency users, according to the latest report from the analysis firm Triple A. At least 55 million people in South America use bitcoin and other crypto assets, exceeding Europe, which has 49 million users. Triple A highlights that…

Bank of America has issued a timely warning to investors: resist the urge to sell in May, particularly ahead of the upcoming Consumer Price Index (CPI) report. This advice comes as the CPI data for April 2024, set to be released by the US Bureau of Labor Statistics on May 15, looms large over financial and crypto markets. Bank of America Says HODL According to the Cleveland Federal Reserve, the anticipated CPI report is expected to reflect ongoing inflationary pressures,…

The post Is MAGA VP the Next Doge? ETH-Based Meme Coin Aims to Make America Great Again appeared first on Coinpedia Fintech News Dogecoin’s DOGE is leading the ranks in the meme coin segment. It is currently ranked at the 8th spot on the list of cryptocurrencies across the globe. DOGE sports a market cap of more than $19 billion; however, it could soon be closing the gates for a further rise. An ETH-based PolitiFi token, MAGA VP, has been…

[PRESS RELEASE – Vancouver, Canada, April 18th, 2024] ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce its acquisition of Canadian company Big Energy Investments Inc., a firm specializing in strategic investment in high-performance computing infrastructure. This acquisition marks a significant first step in ceτi AI’s strategy to advance the development and accessibility of AI technologies. Strategic Acquisition and Enhanced Capabilities Following the acquisition, Big Energy Investments, Ltd. has reached agreements in principle to acquire advanced…