Author: Kryptonews
Bitcoin ATMs have emerged as a tangible bridge between the digital world of cryptocurrency and the familiar realm of physical cash. While not as ubiquitous as traditional bank ATMs, they offer an alternative avenue for buying and sometimes selling Bitcoin and other cryptocurrencies. This article will delve into the workings of these machines, the fees associated with their use, and considerations regarding their security. How Bitcoin ATMs Work Unlike traditional ATMs connected to banks, Bitcoin ATMs (often referred to as BTMs) interface directly with cryptocurrency exchanges or trading platforms. The process typically involves these steps: Verification: Users are typically required…
The Future of Money: How Blockchain is Transforming Digital Payments Introduction to Blockchain-Powered Payments Traditional financial systems face major challenges, including slow transaction times, high fees, and limited accessibility, especially for the unbanked. Blockchain technology offers a revolutionary solution by enabling secure, decentralized, and transparent financial transactions. Unlike traditional payment systems, blockchain operates via a distributed ledger, eliminating intermediaries and reducing risks of fraud or manipulation. Key Benefits of Blockchain in Payments Faster Transactions – Cryptocurrency and blockchain-based payment systems process transactions almost instantaneously, compared to traditional bank transfers, which can take days.Lower Fees – Removing intermediaries like banks drastically…
The HTX (formerly Huobi) referral code is a special code that new traders use to register to become eligible for welcome bonuses and other rewards on the HTX Exchange. The best HTX referral code is 4spx7, which gives new users a 1,500 USDT welcome bonus, discount on trading fees, and exclusive access to limited-time promotions.In this article, we will highlight details of the Huobi discount code and the benefits of using an HTX invitation code. We will answer some HTX referral code FAQs and provide a straightforward guide on how to create a new account with the “4spx7” Huobi HTX…
Risk appetite across traditional and cryptocurrency markets saw a sharp rise this week, helping United States cryptocurrency funds recover the capital lost to the correction of February and March, amassing over $7.5 billion worth of weekly inflows.Bitcoin (BTC) surpassed its old all-time high on May 21, two days after President Donald Trump confirmed ongoing ceasefire negotiations between Russia and Ukraine in a May 19 X post.Meanwhile, popular analyst and Global Macro Investor CEO Raoul Pal warned of more fiat currency debasement, urging investors to gain more exposure to cryptocurrencies and non-fungible tokens (NFTs), as these assets “will never be this…
The lobby of the Whitney Museum in New York became the site of a protest by arts and culture workers on Friday (May 23) following the institution’s recent cancellation of a pro-Palestine performance. The protest, which was announced on Instagram by the group Writers Against the War on Gaza, began around 8 p.m. during the Whitney’s “Free Friday Night” event, which offers a pay-what you-wish admission between 7 p.m. and 10 p.m. From the mezzanine level, protestors quietly unfurled a Palestinian flag and a banner reading “Creativity Does Not Have to Rely on Death.” On the ground floor, activists distributed brochures…
Introduction to DeFi Decentralized finance, or DeFi, represents a paradigm shift in traditional financial systems by leveraging blockchain technology to create secure, transparent, and accessible financial services. Unlike centralized banking, DeFi operates on decentralized networks, eliminating intermediaries and empowering users to manage their finances peer-to-peer. By utilizing smart contracts built on blockchain platforms like Ethereum, DeFi platforms offer wide-ranging applications—ranging from lending and borrowing to complex derivatives trading—all without traditional banking infrastructure. Key DeFi Applications and Use Cases Decentralized Lending and Borrowing DeFi lending platforms, such as Aave and Compound, enable users to borrow and lend cryptocurrencies without banks or…
Today’s episode is sponsored by CME Group.To get the show every day, follow the podcast here.FASB Mulls Fair-Value Accounting for Crypto Holdings: ReportMicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ – CoinDeskBitcoin CEO: MicroStrategy’s Michael Saylor Explains His $425M Bet on BTCFrom our sponsors:CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.Disclaimer:This communication is not directed to…
Bitcoin, the world’s first and most well-known cryptocurrency, has long navigated a complex and evolving regulatory landscape. As its adoption increases and its impact on global finance becomes more apparent, so too does the scrutiny it faces from governments and financial institutions worldwide. Understanding the trends and potential challenges in Bitcoin regulation is crucial for investors, developers, and anyone interested in the future of decentralized finance. Increased Regulatory Attention: A Global Perspective Across the globe, regulators are grappling with how to classify and oversee Bitcoin and other cryptocurrencies. In the United States, the Securities and Exchange Commission (SEC) and the…
Multinational bank, HSBC Holdings, has launched a blockchain-based settlement service in Hong Kong. The product which tokenizes deposits is the first of its kind by a regulated financial institution in the city. According to a report from SCMP citing HSBC official statements, the settlement service allows the conversion of bank cash deposits into digital tokens on the blockchain. This will allow the bank’s corporate customers to make real-time payments using US Dollars (USD) and Hong Kong Dollars (HKD). The service is expected to reduce the cost of client transactions and ensure that payment can happen within a shorter period and…
Key takeaways:Spot Bitcoin ETFs have already surpassed gold ETFs in early growth, with projections of $100 billion in annual inflows by 2027.Publicly listed companies and nation-states currently hold nearly 1.7 million BTC, pointing to long-term confidence.Bitwise projects $120 billion in Bitcoin inflows by 2025 and $300 billion by 2026.Bitcoin (BTC) demand from a diverse range of investors—including publicly listed companies building Bitcoin treasuries, sovereign wealth funds, exchange-traded funds (ETFs), and nation-states—is projected to drive substantial capital inflows to the asset in the coming years. According to crypto index fund management firm Bitwise, inflows to Bitcoin could reach $120 billion by…
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