According to recent reports, Honduras’ first Bitcoin city named, ‘Bitcoin Valley’ has opened in the Honduran tourist town of Santa Lucia. As part of the new Bitcoin Valley initiative, Santa Lucia will accept Bitcoin (BTC) for payments. The project aims to increase tourism revenue across 60 local businesses. With the
In May, Talos disclosed a $105 million Series B fundraising round, valued at $1.25 billion. The total cryptocurrency market cap again reached $1 trillion. Talos, the largest supplier of institutional-grade technologies for trading digital assets co-founders Ethan Feldman and Anton Katz, stated that the cryptocurrency market will come back stronger
The value of top cryptocurrencies gained despite U.S. Federal Reserve’s announcement. Turkey’s central bank forbade cryptocurrency payments in April 2021. Despite the U.S. Federal Reserve’s decision on Wednesday that interest rates would be increased by an additional 75 basis points to fight inflation, the value of the top cryptocurrencies increased
Copper was planning to raise at least $3 billion. In May, Copper received Swiss regulatory approval. While bankruptcies continuously increase in the cryptocurrency market, the largest multinational bank in the UK, Barclays, intended to invest in Copper, one of the most well-known cryptocurrency custody firms in the fast-growing industry. According
The Turkish Finance Minister discussed with CZ, about blockchain and cryptocurrency. Last year, Turkish authorities fined Binance with 750,000 dollars. On Wednesday, the Turkish Finance Minister Nureddin Nebati, virtually connected with Changpeng Zhao, the CEO of the Binance exchange platform. As per the tweet from Nebati, the recent discussion with
The crypto projects with a market cap value of nearly $100M are listed. According to CryptoRank, CHR, GAL, and COTI are top projects. The market capitalization of CHR is $99.5M while the current trading price is $0.17. When it comes to the cryptocurrency market, it is significant to notice the
US Senators Proposed a tax-free bill for small crypto transactions. The bill demands cryptocurrency transactions less than $50 be exempt from taxation. Famed US Senators have proposed a new bill that would exempt modest crypto transactions from capital gains taxes. A proposed bill attempts to exempt Americans from keeping track
The fintech Block Earner aims to yield cryptocurrency with minimal risk. The low volatility of AUD cash deposits between April and July resulted in the firm’s profits. Block Earner, an Australian fintech startup built on blockchain technology that is delivering a new era of financial utility to the public, has
The top 3 coins by social engagement in the last week are BTC, ETH, and DOGE. Currently, Bitcoin is trading at around $21,920.03, as per CMC. The global crypto market is currently going through ups and downs, apart from the market-dominant Bitcoin, other major altcoins have already witnessed a huge
RPT wants to establish a new clause in the Bill of Rights. The clause would permit people to possess any form of money including digital currency. The Republican Party of Texas (RPT) is planning to add a new amendment to the Bill of Rights, that would grant people in Texas
