Thailand will launch a new scheme on Monday, August 18, to allow foreign visitors to convert cryptocurrency into Thai Baht for payments within the country. The initiative called TouristDigiPay is a direct response to a significant slowdown in tourism, primarily due to a decline in tourists from China, on which the country relies heavily, according
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Last week, digital asset investment vehicles recorded $3.75 billion in inflows, their fourth-highest figure historically, in what appears to be a recovery from the subdued momentum of previous weeks. Interestingly, the surge was almost entirely tied to iShares and one particular product under its umbrella. With market prices pushing higher, total assets under management (AuM)
The blockchain focused on user privacy saw one of its mining pools take over the network’s hash rate. No damage has been reported yet, but history suggests that extensive losses could occur once the harm has been done. The cryptocurrency exchange Kraken has temporarily stopped Monero deposits to the platform due to the ongoing 51%
Binance is seeing an increase in potential buying liquidity as Bitcoin maintains price stability above $115,000. Data from the exchange’s Exchange Stablecoins Ratio (ESR) shows a decline in recent days. This indicates that a significant amount of stablecoins remains on Binance and is ready to be deployed into the market. As explained by CryptoQuant, the
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP price is gaining bearish pace below the $3.150 resistance zone. The price is struggling near $3.00 and remains at risk of more losses. XRP price attempted more
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2250. Dogecoin price started a fresh
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum price started a downside correction below the $4,650 zone. ETH is showing some bearish signs and might decline toward the $4,180 support zone. Ethereum price failed to
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Bitcoin price appeared to have resumed its bull run as it ran up to a new all-time high on Thursday, August 14. However, this positive momentum was
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the
Coinbase has officially completed its acquisition of Deribit, the worlds leading crypto options exchange, in a strategic move that significantly expands its derivatives trading capabilities. This milestone marks a major step forward in our mission to build the most comprehensive, trusted platform for global crypto derivatives trading, the firm said in a Thursday announcement. We
Around 40,000 Bitcoin options contracts will expire on Friday, August 15, and they have a notional value of roughly $4.8 billion. This expiry event is slightly larger than last weeks, but it is still unlikely to be enough to influence spot markets, which have notched all-time highs in terms of market capitalization this week. This
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin price traded to a new
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase. Ethereum price started a fresh increase
One of the seven countries in this region of Asia has unveiled an impressive accomplishment and has joined global peers to offer the leading crypto asset in a regulated manner. While nearby nations are behind in terms of adoption, they are making steps in the right direction. In a news outlet for Kazakhstan and Central
A new entrant in the treasury race has emerged, closely tied to the crypto-friendly family of the US President. Already deeply entrenched via multiple entities and corporations, this latest endeavour is in its early stages. The publicly tradedThumzup Media Corporation, an advertising and social media company listed on the NASDAQ (TZUP), which recently adopted the
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana started a fresh increase above the $185 zone. SOL price is now consolidating above $190 and might aim for more gains above the $200 zone. Solana price
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On-chain data shows the Dogecoin whales have gone on a buying spree recently, a sign that could be bullish for the memecoin’s price. In a new post on
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP price is down over 6% from the $3.350 resistance zone. The price is holding the $3.020 support and might aim to start a fresh increase. XRP price
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin briefly set a new all-time high above $124,000 earlier today before experiencing a sharp retracement that brought the asset back below the $120,000 level. As of press
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TRON (TRX) has maintained upward momentum alongside broader cryptocurrency market gains over recent weeks. The token recorded a nearly 6% rise in the past week, briefly reaching $0.369
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