Author: News Room

Spain’s High Court has ordered a temporary suspension of the popular messaging app, Telegram, effective from March 25, 2024. This decision comes after several media companies, including Atresmedia, EGEDA, Mediaset, and Telefonica, lodged complaints alleging that Telegram facilitated the unauthorized sharing of their content. Judge Santiago Pedraz sanctioned the suspension to allow a thorough investigation into these claims. Spain Suspends Telegram Under this directive, it will be incumbent upon mobile service providers across Spain to implement the blockade against Telegram’s operations. This measure marks a significant development, considering Telegram’s status as the country’s fourth most utilized messaging platform. The platform,…

El Salvador continues its daily bitcoin purchases, aiming to keep buying until the cryptocurrency becomes too expensive. The top 10 bitcoin mining rigs of 2024 show significant profit margins due to recent value increases. Blackrock, has submitted a form to the SEC for the initiation of a tokenized investment fund called “BUIDL.” “Rich Dad Poor […] Read the full article here

In the face of relentless inflation and economic instability, Argentinians are increasingly turning to Bitcoin as a refuge, with recent data indicating a surge in purchases of the cryptocurrency. This trend comes as Bitcoin has experienced a remarkable rally in recent months, hitting record highs and outpacing traditional hedges against inflation, such as the U.S. dollar. Bitcoin Purchases Soar in Argentina According to a Bloomberg report, in the first week of March alone, the number of weekly Bitcoin purchases in Argentina soared to 34,700, marking the highest volume seen in the country in 20 months. This surge represents more than…

Bitcoin, the first and most popular cryptocurrency, has been making headlines with its recent surge to a new all-time high of over $72,000. This remarkable price increase has sparked renewed interest in Bitcoin as an investment opportunity, leaving many wondering what this means for their financial future. Investors may see this surge as a validation of Bitcoin’s potential as a long-term store of value and may allocate more of their portfolio to cryptocurrencies. However, the rapid rise in price may also raise concerns about potential volatility and the sustainability of such gains, prompting investors to carefully evaluate the risks before…

In a move set to revolutionize the crypto trading landscape, Transak, a leading On/Off Ramp solution, has partnered with Vertex. Vertex is an innovative trading platform. This integration aims to streamline the onboarding process for new traders by allowing them to purchase cryptocurrency directly within the Vertex app. 1/ We’re thrilled to announce the integration of @transak, a leading on / off ramp system from fiat → crypto for Vertex!This partnership streamlines the onboarding process for new traders.Now, users can purchase crypto directly to their wallet, all within the Vertex app. pic.twitter.com/hAsrrNL4tL — Vertex 🏔 (@vertex_protocol) March 21, 2024 Transak…

Cosmos has recently made a significant announcement about the launch of its latest innovation, Leap Elements. It intends to streamline the user experience (UX) for interchain decentralized applications (dApps). This change is due to the increasing complexity of onboarding users for interchain dApps. Additionally, users can choose from over 300 decentralized apps in trading, DeFi, NFTs, and more on the interchain. Introducing Leap Elements 🐸The latest innovation from @leap_cosmos simplifies the interchain UX by facilitating the user onboarding journey on interchain dApps.Experience the interchain with ease – dive into Leap Elements features ⬇️https://t.co/TvR0UNURxi — Cosmos – The Interchain ⚛️ (@cosmos)…

Ethereum’s (ETH) momentum might be set for a change, as on-chain fundamentals are strengthening, according to the “On-chain Insights” newsletter from on-chain analysis firm IntoTheBlock. The newsletter highlights the criticism towards ETH in recent months both within crypto over underperformance versus Bitcoin (BTC) and in the mainstream over speculation of it being deemed an unregistered security. Lucas Outumuro, head of research at IntoTheBlock, says the underperformance is real. The ratio of ETH to BTC recently hit 0.05, near its lowest point since June 2022, and ETH has lagged both Bitcoin and the S&P 500 in risk-adjusted returns. Price performance of…

Robert Kiyosaki, the well-known author of “Rich Dad Poor Dad,” has sparked a public dispute with Bitcoin critic Peter Schiff, suggesting that Schiff lacks comprehensive knowledge about finance and the real estate sector. In a post on social media platform X, Kiyosaki’s post, structured in a Q&A format, seeks to challenge Schiff’s stance on Bitcoin while shedding light on the broader financial expertise that includes trading in gold, silver and real estate. Kiyosaki’s critique Kiyosaki, in the post, posed a rhetorical question: “Why do so many MONEY EXPERTS like Peter Schiff live in Puerto Rico?” He follows up with his…

The emergence of a colossal Bitcoin whale named “Mr. 100,” has stirred waves of intrigue. This entity’s wallet, swelling with over 52,996 Bitcoin valued north of $3.5 billion, has become a focal point for analysts. Notably, on March 15, this whale outdid itself by acquiring at least 1,000 BTC. It seized a staggering 52% of the total buys by the top 10 spot Bitcoin exchange-traded funds (ETFs). Bitcoin Whale Doxxed Since the downfall of crypto exchange FTX in November 2022, Mr. 100 has been on an aggressive accumulation path. It enhanced its holdings by at least 100 BTC daily since…

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously ranked among the top five dollar-pegged cryptocurrencies […] Read the full article here