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Payment solutions provider Stripe has introduced global support for USDC transactions, enabling U.S. businesses to accept payments through Ethereum (ETH), Solana (SOL), and Polygon (POL).  USDC Payments Across Three Major Blockchains The new feature allows U.S. companies to receive USDC payments from customers in over 150 countries, with settlements made in U.S. dollars. Businesses can integrate the feature through Stripe’s existing platforms, including checkout, elements, and payment intents.  Jeff Weinstein, Stripe’s Head of Product, announced the move on social media…

On Wednesday, US prosecutors charged four crypto companies and 14 individuals in what is hailed as the first criminal prosecution targeting financial services firms for market manipulation and sham trading activities within the crypto sector.  Allegations Of Price And Trading Volume Manipulations According to a court filing by the US District Court of the District of Boston Massachusetts, one of the companies charged is crypto trading firm ZM Quant, which is registered in the British Virgin Islands. Prosecutors allege that…

The tug of war over the Bitcoin price continues. Large whales have accumulated strongly over recent days, while the US government has won the right in court to sell 69,000 $BTC, forfeited by one individual in the Silk Road case. Game theory in play Could the Bitcoin price be relatively flat because the market is waiting to see what will happen with the 69k in seized Silk Road $BTC? It’s not known if the US government will in fact sell…

The US Marshal Service can proceed to sell the 69,370 Bitcoin (BTC) that the Department of Justice (DOJ) confiscated from the underground online marketplace Silk Road.  This comes after the Supreme Court turned down an appeal seeking to challenge the ownership of the seized assets. US Marshall Service Gets Green Light To Sell Silk Road Bitcoin In a Monday development, the Supreme Court decided not to give an audience to Battle Born Investments’ appeal. This decision effectively upholds the US District…

The upcoming U.S. election holds significant potential to sway the cryptocurrency market. Economic policies and regulatory shifts are on the horizon, creating an atmosphere of uncertainty and opportunity. Experts have pinpointed six cryptocurrencies poised for notable movement. This article delves into these digital assets and explores what the future might hold for each. CYBRO Presale Achieves $3 Million Milestone: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3…

Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net negative outflow of over $300 million. This development occurred in tandem with Bitcoin’s bearish start to October in which it declined over 6% in the first five days of the month. Related Reading: US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi Spot Bitcoin ETFs Negative Outflows End Three-Week Positive Streak According to data from market tracking platform SoSoValue,…

Bitcoin and the wider cryptocurrency markets have experienced a turbulent start to October, with BTC falling as low as $60,370 on October 2.  This comes off the back of a better-than-expected September, and amid optimism over October and Q4 as a whole, which has historically been a very bullish period for the crypto markets, especially during years which have had a US Presidential Election.  Despite the concerning start to October, Suliman Mulhem, a UAE-based Political Consultant, suggested that there are…

The 2024 U.S. elections are expected to be a key driver for the crypto market. With growing pro-crypto support from both major political parties, many investors are optimistic about the potential for a bullish market before and after the elections despite the Middle East tensions.  If analysts’ predictions are correct, then not only could Bitcoin see great gains regardless of who wins, but altcoins, especially those with strong use cases or popular communities, will experience significant growth as well. So…

Since their approval in January 2024, Spot Bitcoin ETFs have been steadily gaining traction in the United States, with the issuers buying hundreds of thousands of BTC as their popularity spread. This has led to a large stash of BTC by these issuers as BlackRock leads the charge. Given their buying spree so far, the number of BTC being held by the Spot Bitcoin ETFs has been rising and is almost at the 1 million mark, Spot Bitcoin ETFs Now…