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BRICS: France Could Ditch U.S. Dollar, Argentina & Pakistan Pay With Chinese Yuan

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France is looking to attend the upcoming BRICS summit in South Africa, Johannesburg in August. French President Emmanuel Macron expressed his interest to attend the summit hinting that the country wants to end reliance on the U.S. dollar. Macron repeatedly made controversial remarks early this year targeting the U.S. dollar’s supremacy on the global stage. The President called for Europe to rethink its dependence on the USD calling the currency a “great risk” . Macron stressed that European countries must not “get caught up in crises that are not ours”. The President refers to the dollar’s debt as a major crisis that could hamper all countries that keep the greenback as reserves. Also Read: BRICS: Iraq Bans U.S. Dollar, Egypt Ditches USD, France & Pakistan Pay With Chinese Yuan Source: scmp.com / Photo: AFP However, the BRICS alliance is yet to approve Macron’s interest to attend the upcoming summit. Russia is against France being a part of BRICS citing that the Macron administrati...

Crypto[.]Com Expands In Europe While Binance Faces Hurdles

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Also Read: Ripple Highlights CBDC Adoption; XRP Price Drops 3% advertisement In order to gain a VASP permit in Spain, Crypto.com went under review for compliance with Anti-Money laundering rules, AMLD, and other finance linked directives. The crypto exchange will now be able to provide its suite of products and services to Spain’s digital asset users. Kris Marszalek, CEO of Crypto.com stated that receiving the Virtual Asset Service Provider permit in Spain shows their commitment towards compliance in working with global regulators. Meanwhile, Crypto.com received a backlash over allegedly deploying internal teams to trade tokens for profit making. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Progra...

BitGo terminates acquisition of Prime Trust

The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust. On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fintech infrastructure provider Prime Trust. According to BitGo, “This decision was not made lightly.” The full announcement read:  “After considerable effort and work to find a path forward with Prime Trust, BitGo has made the hard decision to terminate its acquisition of Prime Trust. This decision was not made lightly and BitGo remains committed to our mission to deliver trust in digital assets.” BitGo’s deal cancellation comes merely two weeks after it shared its non-binding letter of intent to acquire Prime Trust. Although the specific details of the agreement were not disclosed, the potential acquisition between BitGo and Prime Trust was poised to provide BitGo with access to Prime Trust's payment rail...

Bitcoin breaks the $30k mark as whales move in

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Bitcoin (BTC) has witnessed significant falls over the past month. With the many BTC-related exchange-traded funds (ETF) filings, the digital gold broke the $30,000 barrier while taking the broader market in green. Data shows that the current bull run gained traction as the bitcoin whale transactions reached three-month highs. According to data provided by the market intelligence platform Santiment, whales have moved 259 transactions worth at least $1 million each. #Bitcoin's whale transactions hit its highest hour in over 3 months, as 259 transactions exceeding $1M in value occurred on the $BTC network just 2 hours after its price exceeded $30.6k. Volume likely needs to continue rising to justify more growth. https://t.co/N5jkXCws6R pic.twitter.com/DrFo4avE0a — Santiment (@santimentfeed) June 21, 2023 You might also like: Binance unveils local crypto exchange in Kazakhstan Per Santiment, the transactions came around two hours after the bitcoin price surpass...

NFTs: Bored Ape Yacht Club Holding Period Rises 176%

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Over the past few hours, a host of positive developments have taken place in the crypto space. Two prominent asset managing companies, WisdomTree and Invesco, applied for spot Bitcoin ETFs. Right before that, Citadel, Fidelity, and Charles Schwab backed crypto exchange platform, EDX Markets, made its debut. Seeing prominent institutions trying to get involved with crypto assets, the investor sentiment has gradually been refining. Bitcoin claimed a new local peak of $29k a few hours back, rising by more than 8% over the past day. Most other assets followed suit, and as a result, the global crypto market valuation rose by around 6% to $1.14 trillion on Wednesday, June 21. Also Read: Alibaba’s New Chairman ‘Likes’ Crypto Are NFTs relishing the fruit too? Whenever the crypto market rallies, the NFT market also notches up its performance. However today, the markets are not exactly moving in tandem. NFT sales on several prominent chains are down. According to data from CryptoSlam, Ethereum m...

Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs

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Bitcoin price performance nails its highest levels this month, but analysts are waiting for the weekly candle close. Bitcoin (BTC) achieved new highs for the month after the June 20 Wall Street open as observers stayed cautious on market strength. BTC/USD 1-day chart. Source: TradingView “No meaningful trend shift” for Bitcoin yet Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $27,499 on Bitstamp. The pair saw its highest levels since May 31 as the return of United States market trading boosted its performance. Versus the prior day’s lows, gains totaled around 4.2%. Despite this, wary market participants stopped short of calling even a low-timeframe trend shift. “It's difficult to look for Daily breakout confirmation for BTC in the context of this blue Lower High diagonal resistance,” trader and analyst Rekt Capital commented alongside an explanatory chart. “Because $BTC has failed so many post-breakout retests on the Daily timeframe here. Better to w...

Most Trending Cryptocurrency Tokens on CoinGecko

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Join Our Telegram channel to stay up to date on breaking news coverage Investors are constantly on the lookout for new investment options, and with crypto, there are literally so many options that it gets difficult to keep a track of. Constantly scavenging the market for the latest trends can be exhausting and therefore we’ve compiled for you a list of the 30 Most Trending Crypto currency Tokens on CoinGecko. That will help you stay updated with current trends and find coins you’ve been looking for to add to your portfolio. 30 Most Trending Cryptocurrency Tokens on CoinGecko DEXtools DEXtools is a tool for analyzing price data and is used by traders to navigate decentralized networks. DEXT is the native token utilized by the platform for accessing the top features of the app, community initiatives like DEXT Force Venture as well as other premium trading groups. With a current market cap of roughly $11 million, the token was trading #1 on CoinGecko among 30 o...