DOGE, a cryptoasset in Rank #4 by market capitalisation, is now worth a staggering $79.5 bln after its value soared above 94% in just 7 days. For the past one month, Dogecoin (DOGE) has registered unprecedented gains of +930%.
Revolut has rolled out cryptocurrency withdrawals to give its users the new option of transferring their digital currency. The feature allows withdrawals to private wallets outside of the Revolut ecosystem in an effective, fast and secure manner.
The Socialist Republic of Vietnam is one of the biggest Bitcoin users in the world and the cryptocurrency industry is growing at a high speed in this Southeast Asian country. Around 22% of the citizens own or transact with cryptos.
Recently, the South Korean Finance Ministry announced imposing a 20% tax on cryptocurrency earnings. Curiously enough, the decision comes a couple of days before the announcement concerning the testing of the digital won. Is this a way to push people away from cryptos?
The Chinese crypto community seems to flourish, as judged by the number of billionaires that are the country’s natives. Indeed, half of the top 10 richest crypto owners originate from the Communist Republic.
This decade has witnessed a high wave of central banks wanting to make digital versions of their fiat money, also called the Central Bank Digital Currency (CBDC) following the success of cryptocurrencies. Thailand just announced it would be unveiling its own CBDC next year. What shape does the race take after then?
Ripple, the fourth cryptocurrency by market cap, reached its highest level since 2018 and landed in a step from regaining its top 3 slot position following the major bullish recovery. However, the surge seems to be short-term.
A Virginia-based cloud-based services and mobile apps provider MicroStrategy Incorporated (MSTR) bought another 253 Bitcoin to invest in the booming digital currency industry. The event caused a short-term BTC price increase.