Report Shows Iran Allows Cryptocurrency in International Settlements – Bitcoin News

[ad_1] Iranian authorities are preparing to allow the use of cryptocurrencies for international settlements. According to local media reports, central bank and government officials have approved the adoption of a digital currency mechanism in the field of foreign trade. Businesses in Iran are able to use cryptocurrencies to pay foreign partners According to local media […]

Bitcoin price surges to $43,000, but traders warn altcoins will face ‘real pain’

[ad_1] Bitcoin (bitcoin) opened slightly lower on Wall Street on Jan. 11 after the largest cryptocurrency failed to break above resistance above $42,000, but fresh comments from Federal Reserve Chairman Jerome Powell appeared to buoy markets. BTC/USD 1 hour candle chart (Bitstamp). Source: TradingView Bitcoin is at support The U.S. is likely to remain in […]

Stablecoin issuance grew significantly last year – Altcoin Bitcoin News

[ad_1] As the value of crypto assets has grown substantially over the past year, so has the growth of the stablecoin economy, with $170.24 billion worth of stablecoins in circulation today. Data shows that the valuation of a large number of stablecoins has grown exponentially over the past 12 months. 12-month statistics show substantial growth […]

Binance Labs Backs $200 Million Oasis Ecosystem Fund

[ad_1] Binance Labs, the venture capital (VC) arm of the Binance cryptocurrency exchange, announced Tuesday that it will contribute to the Oasis Foundation’s $200 million ecosystem development fund, sending a strong signal that major investors remain keen to support Alternative to emerging projects on the blockchain network. With this investment, Binance Labs joins other prominent […]

Fintechs receive 62% of the $4.9 billion raised by African tech companies in 2021

[ad_1] Fintech accounted for nearly two-thirds of the $4.9 billion raised by African tech companies in the past year. Fintech groups also dominate with over $50 million in funding, accounting for 40% of the total number of tech companies. Covid-19 factor Nearly two-thirds of the $4.9 billion in funding raised by African tech companies in […]

El Salvador to Add More Geothermal Energy to Power Bitcoin City – Bitcoin News

[ad_1] El Salvador’s President Nayib Bukele has confirmed that the country is investing to secure geothermal energy for the construction and operation of the upcoming Bitcoin City, which will be funded by the proceeds of a so-called “volcano bond.” Bukele said there is a good chance of finding a well in the Conchagua volcanic area […]