Cryptocurrency

Cryptocurrency
Crypto’s Market Value Exceeds $3 Trillion Following Trump Victory
November 14, 2024

The cryptocurrency market’s value has surpassed $3 trillion in anticipation of an industry-friendly United States president. The global market value for crypto reached a record high of nearly $3.2 trillion on Nov. 14 in Asia, Reuters reported, citing data from CoinGecko. Crypto investors are banking...

Cryptocurrency
UK Plans More Liberal Crypto Regulations for ‘Second Mover’ Advantage
November 14, 2024

The United Kingdom is reportedly preparing to roll out new cryptocurrency regulations this month. The rules are part of an effort by the U.K. government to offset the attraction of doing business under the United States’s new pro-crypto president, Bloomberg reported Thursday (Nov. 14)/ The...

Cryptocurrency
Revolut Opens in-House Crypto Exchange to 30 European Countries
November 13, 2024

After launching in the United Kingdom, Revolut is bringing its cryptocurrency exchange to Europe. Revolut X exchange, designed for professional crypto traders, is now available in 30 new European Economic Area (EEA) countries, according to a Wednesday (Nov. 13) press release emailed to PYMNTS. “The...

Cryptocurrency
Aeon Connects to BNB to Expand Crypto Payments in Southeast Asia
November 11, 2024

Payments protocol Aeon says it has launched cryptocurrency payments on the BNB chain. The company announced Monday (Nov. 11) that it has brought a streamlined QR code payment system to BNB with Terminus to expand crypto payment accessibility in Southeast Asia. This move, Aeon said...

Cryptocurrency
Bitcoin Reaches Record $80K Following Trump Victory
November 10, 2024

Bitcoin’s price reached an all-time high of $80,000 following Donald Trump’s presidential victory. As the Financial Times (FT) reported Sunday (Nov. 10), the digital currency reached that record as Trump — seen as ushering in an era of pro-cryptocurrency government — clinched victories in the...

Cryptocurrency
A Pro-Crypto President: What Trump 2.0 Holds for Blockchain’s Future
November 06, 2024

The price of bitcoin hit a new all-time high Wednesday (Nov. 6), and America elected a new president. The two are far from unrelated. Following the projected victory of Donal Trump in the U.S. presidential elections, bitcoin briefly shot north of $75,000, breaking the prior...

Cryptocurrency
Crypto.com and Ingenico Team on Crypto Payments for Merchants
November 05, 2024

Payments acceptance provider Ingenico has launched a partnership with Crypto.com. The new collaboration will bring cryptocurrency payments and merchant services to users of the Ingenico platform, the two companies announced Tuesday (Nov. 5), letting merchants around the world accept crypto payments. “Through this collaboration, Ingenico...

Cryptocurrency
Coinbase Wants to Turn Every FinTech Into a Crypto Company
October 31, 2024

There are a handful of publicly listed cryptocurrency companies in the United States. These firms tend to serve as a good barometer of the state of the digital asset industry, at least domestically. If cryptocurrency exchange Coinbase’s third-quarter 2024 earnings results Wednesday (Oct. 30) were...

Cryptocurrency
This Week in Web3: FTX Engineer Singh Walks, Crypto Payments Surge
October 30, 2024

For almost their entire history, despite designs to the contrary, the primary role of cryptocurrencies and digital assets has been confined largely to trading and speculation. But recent advancements in blockchain infrastructure are positioning digital assets as more functional tools for real-world financial transactions. And...