Crypto News
LaFinteca and UTORG Announce Strategic Partnership to Expand Cryptocurrency Payment Solutions in Latin America and Europe
PRESS RELEASE. LaFinteca, a leading financial services company in Latin America, today announced a strategic partnership with UTORG, a top provider of cryptocurrency solutions in Europe. This collaboration aims to integrate UTORG’s advanced technologies into LaFinteca’s operations, enhancing its digital payment solutions and establishing UTORG as LaFinteca’s main partner in Europe. With the growing demandSource link
Coinbase Ends USDC Rewards in Europe as MiCA Deadline Looms
The crypto exchange will end its USDC yield program for EEA customers on December 1, citing the EU’s upcoming stablecoin regulations.Source link
Bitcoin Set to Have Its Fourth Strongest Month Since October 2021
Nov. 30, is the last trading day of the month, so all eyes will be on bitcoin's (BTC) monthly candle. Bitcoin is less than 4% away from the psychological wall of $100,000. While the $9 billion worth of options expiry for bitcoin has just expired, which has sent the token slightly higher on the day to over $96,000.CoinGlass data shows that November has been one of the strongest months for bitcoin for several years, currently up over 36%, which would be the fourth best performing month since October 2021.November's rise has only been beaten thrice February 2024 (44%), January 2023 (40%) and October 2021 (40%). November's impressive performance is largely due to the fact that Donald Trump won the...
Bukele Aims to Tap Into the Massive Potential of Salvadoran Gold Reserves
Salvadoran President Nayib Bukele recently highlighted the size and significance of the country’s natural gold reserves and how they can be used to improve the quality of life for Salvadorans. President Nayib Bukele Defies Mining Ban Law, Aims to Take Advantage of Salvadoran Gold Reserves El Salvador might be close to taking advantage of itsSource link
Ethereum ETFs Inflow Streak Sets Up ETH for New Lifetime Highs, Traders Say
A streak of inflows into U.S.-listed spot ether (ETH) exchange-traded funds (ETFs), rising activity on the Ethereum blockchain and increased institutional trading interest could help the second-largest cryptocurrency by market cap surpass its three-year-old price record in the coming months.“ETH spot ETFs continue to record strong net inflows, totaling $90.1 million yesterday and marking a 4-day winning streak," QCP Capital said in a note referring to Wednesday trading. "Despite this week's retracement, these healthy inflows highlight the market's growing optimism. ETH was the main outperformer Wednesday as it rallied 11.65% to a high of 3,688. This is aligned with our thesis of capital rotation from BTC to ETH."The ether ETFs attracted over $220 million in the Nov. 22-27 period,...