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Search Results for: Bitso

Bitso Exchange Now Offers Chat Remittance Services in Mexico

As time goes on, Ripple’s On-Demand Liquidity (ODL) is becoming more popular in the Latin American cross-border settlement corridor. Bitso, the biggest cryptocurrency platform in Latin America and a client of Ripple, has partnered with remittance service Felix Pago. To allow crypto-powered transfers between the United States and Mexico to

December 10, 2022 2 mins read

Mexico Based Crypto Exchange ‘Bitso’ to Lay Off Major Workforce

An 80-person layoff announcement was made by Bitso. Gemini announced a 10% workforce layoff to weather the crypto winter. Retail investors are not the only ones feeling the effects of Crypto Winter. Six of the most significant cryptocurrency exchanges in the United States and Latin America have announced major layoffs

June 4, 2022 1 min read

Mexico’s Leading Exchange Bitso Lists Dogecoin (DOGE)

Santiment’s “strong and oversold” list also included Dogecoin. The meme coin’s value has fallen to levels last seen on April 25. In recent days, Dogecoin (DOGE) has been rocked by uncertainty surrounding billionaire Elon Musk’s purchase of Twitter. In the last week, the value of the dog-based meme currency dropped

May 4, 2022 1 min read

Crypto Exchange Bitso Registers Over 1M Users Prior to Brazil Launch

Bitso, a Ripple and Coinbase-backed crypto exchange in Latin America, has hit 1 million registered users prior to its upcoming launch in Brazil. Bitso was officially launched in Mexico in 2014 through which users can buy, sell, or transfer crypto. As of now, it has raised over $4 million in

July 9, 2020 1 min read

XRP Faces Severe Selling Pressure After Recent Surge to $0.65 Level

XRP is now witnessing a surge in market activity due to large-scale whale transactions. 20 million XRP tokens, worth $12.6 million, were sent to Bybit by an unidentified sender. But that wasn’t the end of this whale’s play. Two further substantial transactions took place within a 12-hour timeframe.  In the

December 26, 2023 1 min read

XRP Struggles to Climb Amidst Strong Bear Domination

Since its 2017 high, XRP has suffered a succession of losses, despite being a former front-runner in the competition for digital currency dominance. Prominent members of the XRP community have seen a decline in the token’s trading volume after a brief but noticeable spike in its value, even if investors’

December 22, 2023 2 mins read

XRP Price Briefly Rebounds After Prolonged Bear Domination

XRP’s latest price spike highlights the willingness of its believers to buck the severe bearish momentum. Even while XRP has maintained a link with Bitcoin, its recent price movement, based on its prior performance, implies it is poised for independent progress. In a daring move, leading crypto innovator DeFi Technologies

November 23, 2023 2 mins read

XRP Price Faces Intense Selling Pressure as Bears Take Control

Ripple’s Chief Legal Officer Stuart Alderoty responds sharply to comments made by U.S SEC Chairman Gary Gensler. The SEC chair, in a recent address, echoed the first Chair of the SEC, Joseph P. Kennedy, who emphasized the agency’s role as both a partner to honest businesses and a prosecutor of

November 17, 2023 2 mins read

Atani Secures $6 Million in Funding Eyeing Rapid Growth and Global Expansion Plans

Atani, a crypto fintech startup based in Spain, has successfully concluded a $6 million investment round. Cometa, a venture capital firm based in Mexico, spearheaded the round, which also included participation from JME Ventures, Conexo Ventures, and CDTI. The group of business angels included Web3 professionals like Neil Cunha-Gomes, Head of

October 24, 2023 2 mins read

Whale Moves $11.5 Million Ripple (XRP) to Exchange Amid Ongoing Transfers

According to whale monitoring resource Whale Alert, an unknown wallet transferred 23.7 million Ripple (XRP) valued at $11.5 million to major Latin American exchange Bitso on Wednesday. The large transfer occurred around 7:56 PM UTC on October 11th. Notably, the whale only spent a tiny fraction of XRP, around 0.000015

October 12, 2023 1 min read