Crypto Use in Venezuela Likely to Rise as Economic Pressures Intensify

Crypto Use in Venezuela Likely to Rise as Economic Pressures Intensify

Venezuelans are already heavily reliant on blockchain technology for banking after suffering through a decade of economic pressures; however, usage is likely to keep growing if conditions worsen in the South American country, blockchain intelligence firm TRM Labs says. As regional and geopolitical tensions continue to rise, driven in part by US-Venezuela tensions, causing macroeconomic…

These Three Metrics Show BTC Found Strong Support Near $80,000

These Three Metrics Show BTC Found Strong Support Near $80,000

Bitcoin BTC$90,323.41 has so far bounced above $90,000, 15% higher from its Nov. 21 low of around $80,000, with price finding confluence support across three important cost basis metrics: the 2024 yearly volume weighted cost basis, the True Market Mean, and the average U.S. spot exchange-traded fund (ETF) cost basis. These metrics help to identify…

Fleet Mining: Bitcoin Cloud Mining – $100 Welcome Reward and BNB Participation Guide

Fleet Mining: Bitcoin Cloud Mining – $100 Welcome Reward and BNB Participation Guide

Like other assets, like XRP, Binance Coin (BNB) is not mined. But now, BNB can be utilized as a medium of value to engage in the mining of Bitcoin (BTC) without having or running the mining equipment with the creation of AI cloud computing and cloud mining platforms. Fleet Mining proposes an easy-to-use model where…

Ripple National Trust Bank Gets OCC Preliminary Approval—Why This Matters For XRP

Ripple National Trust Bank Gets OCC Preliminary Approval—Why This Matters For XRP

The OCC has granted preliminary approval to Ripple’s bid to become a national trust bank, signalling big things coming for XRP in the future. Ripple is on its way to elevating its game further. Together with Circle, the blockchain infrastructure solutions provider has secured preliminary approval from the Office of the Comptroller of the Currency…