Fintech News

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Cryptocurrency Price Today: Bitcoin trades above $71,000; Ethereum, Toncoin decline up to 3%

The total volume in DeFi is currently $7.54 billion, 9.56% of the total crypto market 24-hour volume. The volume of all stablecoins is now $72.24 billion, which is 91.65% of the total crypto market 24-hour volume, as per data available on CoinMarketCap. In the last 24 hours, the market cap of Bitcoin, the world’s largest …

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Hong Kong set to approve its first spot bitcoin ETFs in April

The Hong Kong units of China Asset Management, Harvest Fund Management and Bosera Asset Management are among the applicants, according to the two people and a third source. Hong Kong’s Securities and Futures Commission (SFC) and the three Chinese companies declined to comment. The sources were not authorised to speak to media and declined to …

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US SEC warns Uniswap Labs of potential enforcement action

The SEC’s battle with Coinbase, the world’s largest publicly traded cryptocurrency exchange, rests on one core debate: whether digital assets are investment contracts akin to stocks or bonds that should be regulated by the SEC. Uniswap is a crypto marketplace for decentralized finance or DeFi developers, traders and liquidity providers.

Bitcoin miners face survival test in ‘halving’

Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say. “The block reward halving tends to ‘shake-out’ the weaker mining operations,” Simon Peters, analyst for trading company eToro, told AFP.

Bitcoin world faces ‘halving’: what’s happening?

Bitcoin miners, whose computer processors run the world’s most popular virtual currency, will soon face the process of “halving” — a quadrennial phenomenon which alters the profitability of the industry. Halving tends to send the virtual currency shooting higher on the prospect of reduced supply. Read on to know more:

PhonePe partners with eSewa, HAN Pokhara to promote UPI in Nepal

PhonePe in a statement said it will run on-ground activation aimed at raising awareness about digital payments among local merchants while demonstrating the convenience of digital payments for customers. With kiosks showing how to use digital payments and other interactive activities, PhonePe along with eSewa and HAN Pokhara will showcase the ease of UPI payments.

Cryptocurrency Price Today: Bitcoin falls below $69,400 ahead of US inflation data

The total volume in DeFi is currently $9.7 billion, 9.73% of the total crypto market 24-hour volume. The volume of all stablecoins is now $91.6 billion, which is 91.6% of the total crypto market 24-hour volume, as per data available on CoinMarketCap. In the last 24 hours, the market cap of Bitcoin, the world’s largest …

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