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Room 77, the iconic bar in Berlins Kreuzberg district, has announced its closure. The bar is known as the first retail outfit in the world to accept Bitcoin (BTC) as payment. The closure was confirmed by bar owner Jorg...
Turkey is outpacing other countries in the Middle East in terms of Bitcoin (BTC) adoption. Apparently, many people in the country are increasingly turning to the worlds largest cryptocurrency as the Turkish lira hit...
Stone Ridge subsidiary New York Digital Investment Group (NYDIG) made an announcement this week that it is the custodian of the cryptocurrency holdings of its parent firm valued at over a hundred million dollars. In...
Grayscale Investments recently announced that Grayscale Ethereum Trust is now a Securities and Exchange Commission (SEC) reporting company. The news was well-received by the cryptocurrency market resulting in the rally of...
Cryptocurrency has finally made its way into mainstream finance with an increasing number of banks starting to offer Bitcoin custodial services. Various companies are also starting to view BTC as a dependable store of...
Cryptocurrency market activity continued to soar during the third quarter of this year. In fact, trading volumes rose by 88 percent in Q3 compared to the volumes in the second quarter. Binance still leads the back as the...
China is well ahead of its peers in the CBDC race with the digital yuan already being tested in major cities of the country. To further boost the usage of the government-back cryptocurrency, the Chinese city of Shenzhen is...
Cryptocurrency has been gaining attention from the corporate sector lately that as some firms are even investing in crypto assets as part of their capital allocation strategy. For instance, San-Francisco, CA-based payments...
Tokyo-based Line Corp., the owner of the popular LINE messaging app, is dishing yet another cryptocurrency-based service to its users. The Japanese messaging giant just launched a service that allows people to lend crypto...
Venezuela ranked third in terms of cryptocurrency usage as people turned to digital coins to preserve their purchasing power amidst hyperinflation. Now, even its government is turning to cryptos to try to mitigate the...
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