Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025. According to a blog post from Mastercard, once issued, cardholders will be … Read more
Trading volume on centralized cryptocurrency exchanges (CEXs) hit all-time highs in November, with volumes exceeding $10 trillion across spot and derivatives markets, according to a Dec. 3 report by CCData, a crypto researcher. November marked the first time monthly trading volumes broke $10 trillion, CCData said, adding that CEX volumes increased by more than 100% … Read more
Digital assets platform BitGo is in discussions with India’s crypto watchdog to enter its multibillion-dollar local market. The company has been holding “active conversations” with India’s Financial Intelligence Unit (FIU), BitGo chief operating officer Chen Fang told Cointelegraph during the India Blockchain Week. The country ranked at the top of Chainalysis’ crypto adoption index in … Read more
Dogecoin (DOGE) price has displayed resilience over the past two weeks with a range consolidation between $0.34 and $0.46 since Nov. 12. The memecoin is the sixth most traded asset by 24-hour volumes (excluding USDT), retaining overall market interest. Dogecoin 1-day chart. Source: Cointelegraph/TradingView With DOGE technicals becoming more favorable in the chart, multiple analysts … Read more
The XRP price has been on a roll, with a gain of around 90% in the last seven days, providing a bullish outlook for the crypto. This bullish momentum might just be getting started as XRP is nearing the legendary 4.236 Fibonacci level, suggesting that a rally to $9 is possible. XRP Price Approaches 4.236 … Read more
Ether (ETH) is due for a breakout toward $5,000, crypto analysis says, as the largest altcoin gains ground against Bitcoin (BTC). ETH/USD 1-day chart. Source: Cointelegraph/TradingView Ethereum “showing up to the party” with trip past $3,800 Data from Cointelegraph Markets Pro and TradingView shows daily ETH price gains of more than 5% for Dec. 4. … Read more
Attempts continue in the US state of Missouri to prohibit the potential use of central bank digital currencies (CBDCs). The state has seen several bills this year to stave off the digital currency, which does not currently exist in the United States. Bullion yes, CBDC no Republican Senator Rick Brattin pre-filed Senate Bill (SB) 194 … Read more
Enterprise-grade digital asset platform Fireblocks announced Fireblocks Swaps and Fireblocks Token Allowance Manager — two new features that will enhance compatibility with decentralized finance (DeFi) platforms like Uniswap and Aave. According to Fireblocks, the Fireblocks Swaps feature will allow users to access liquidity from Uniswap Classic and UniswapX directly within the Fireblocks console. The Fireblocks … Read more
Could Bitcoin (BTC), the world’s leading cryptocurrency, become part of the United States’ national reserve? What once seemed like a far-fetched idea is now gaining traction, especially with Donald Trump returning to the White House. The concept of a Strategic Bitcoin Reserve is no longer just speculation—it’s the subject of serious discussion that could reshape … Read more
On Monday, Foundry, the world’s largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company’s headcount from over 250 to around 80-90 employees. Foundry Focuses On Core Business Sources familiar … Read more
