๐Ÿ”ฅCrypto News - Crypto World
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Welcome! Here you will find the latest news about the crypto industry๐Ÿ’ฐ

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๐Ÿ’€ A taxi driver from El Salvador got rich thanks to a Bitcoin startup

It was 3 years ago that the man launched a taxi business that allows you to pay for a fare with a digital asset.

In a few years, Osorio's business has grown and now he has 21 drivers working for him.

According to him, the income from the project allowed him to buy several cars and to pay for his children's education.

#Startup #BTC
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๐ŸŽฎ Up-to-date list of listings

Of all so far, only Hamster Kombat and MemeFi have exact listing dates of 26 September and 9 October.

#airdrops
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๐Ÿ•ฏ iPhone price in BTC over the last 14 years

In 2011, you could buy an iPhone 4s for 162 BTC.

And even now, for 162 BTC, you can probably buy out one of Apple's subsidiaries.

#btc #apple
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๐Ÿ”ด Americans lost $5.6bn to cryptocurrency fraud in 2023

The agency's complaint centre received more than 69,000 cryptocurrency-related calls that resulted in $5.6 billion in losses, according to the agency's annual report.

People over the age of 60 were most often scammed, and the nature of the fraud was investment-related.

#scam
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๐Ÿ”ฅ USDT stocks on CEX exchanges have been growing rapidly since August

Likely these funds will be used for further purchases.

#usdt
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๐Ÿ“‰ DEX exchanges on Ethereum, Solana, Arbitrum and Base recorded a drop in trading volumes to February figures

Based on Coinbase's observation, the fragmentation of meme token trading outside of the Solana blockchain is to blame. Many investors are also being kept on the sidelines by macroeconomic factors - the Fed's key rate decision and the US election.

#Coinbase
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๐Ÿ’€ A debate between Kamala Harris and Donald Trump took place overnight in the US

They ended without mentioning cryptocurrencies.

According to experts, the debate ended with Harris' victory. Her chances of winning the election on Polymarket have again increased to 49% (Trump's are 50%).

#Polymarket #USA
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๐ŸŸข Tether, TRON DAO and TRM Labs have teamed up to fight illegal activities

The goal is to crack down on the use of USDT on the TRON blockchain for illegal activity. This network accounts for half of the circulating supply of the stablecoin.

#tether #tron #trm
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๐Ÿ“‰ In August, trading volume on the CEX increased by 30 per cent

This is according to the data of Colin Wu. KuCoin, Crypto com and MEXC are the leaders in terms of growth.

MEXC also leads in terms of attracted traffic with an increase of 160%. Closest competitors Gate and Deribit recorded 24% and 17% growth respectively.

#CEX
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๐Ÿ‡ฆ๐Ÿ‡ช Standard Chartered has received approval from UAE regulator to provide cryptocurrency custody services

#uae
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๐Ÿ˜Ž A lone miner earned $181,000 from mining the blockchain

Solo CK Pool was responsible for the processing.

#mining
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โšก๏ธ US Consumer Price Index

Which shows inflation, decreased to 2.5 per cent in the month. The previous reading was 2.9 per cent.

#USA #CPI
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๐Ÿ˜ฎ A year earlier, Tether had generated more revenue than BlackRock

Surprising? A little yes, as Tether has less than 100 employees while BlackRock has 20,000.

And the numbers are as follows:
Tether - $6.2bn.
BlackRock - $5.5bn.


#Tether #BlackRock
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๐Ÿคก Political meme tokens are the trend of the year

After all, after the debates, for example, all tokens related to Donald Trump collapsed, while the few meme tokens of Kamala Harris - gave a good profit.

It is worth noting that the capitalisation of political meme tokens is currently around $500,000,000,000 and the daily trading volume is $200,000,000,000.

#meme #tokens
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๐Ÿ–ฅ The Wall Street Journal published an article about USDT and Tether

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Every day $190bn passes through Tether - roughly the amount that passes through Visa cards.

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USDT has become a major tool for moving assets abroad, and Russia, Venezuela and Iran are using USDT to circumvent sanctions and deals with China.

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Tether is creating a parallel economy that operates beyond the reach of US law enforcement.

#Tether #USDT
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๐Ÿ•ฏ Correlation of CPI with bitcoin exchange rate over distance

Visualisation from Lookonchain analysts.

#Lookonchain #CPI
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โœ… Standards for steiblcoin issuers in the EU will be approved by the end of the year

The requirements cover aspects of operations such as stablecoin authorisation, stress testing, methods for assessing the number and value of transactions.

#stablecoin
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