Euro Usage Tanks, Leading Decline Among Currencies on SWIFT Over the Last 10 Years

According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to 2014, with only 22.29% of global payments employing it. Euro Tanks, Dollar Thrives in Swift Share Charts The future seems bleak for the euro, as … Read more

Tether Bitcoin Reserves Surge Following $705 Million Deposit

Tether Bitcoin reserves surge after a $705 million deposit. It expands investments into new sectors like agriculture and renewable energy. Tether has recently received a large Bitcoin deposit of 7,629 BTC, worth approximately $705.25 million. After about nine months of inactivity, this deposit was made by Bitfinex. At present, Tether’s Bitcoin reserves hold a total … Read more

FLock.io Announces Mainnet Launch and Token Generation Event on Base

London, UK, December 31st, 2024, Chainwire FLock.io, the private AI training platform, has announced the official launch of its mainnet on Base. This launch coincides with the Token Generation Event (TGE) for its native token, FLOCK, which will serve as the utility token of the FLock ecosystem by incentivizing and rewarding community participation. The FLOCK … Read more

Franklin Templeton Predicts U.S. Regulators Will Lead Crypto Innovation in 2025

Franklin Templeton predicts U.S. regulators will drive crypto innovation, with Bitcoin and DeFi growing through stablecoins and blockchain integration. Franklin Templeton Digital Assets has released its 2025 outlook for the cryptocurrency market. It has predicted major developments pushed by U.S. regulators, institutional interest, and technology development. According to the report, the United States is likely … Read more

This Year’s Most Successful Alt Coin ICO Is Coming to an End- Buy Before It Is Too Late

The crypto world is abuzz with the remarkable success of Lightchain AI, a groundbreaking altcoin that has taken the market by storm. Positioned as a leader in the blockchain and AI integration space, its Initial Coin Offering (ICO) has attracted massive interest from investors seeking early-stage opportunities. With its Lightchain AI Presale nearing its conclusion, … Read more

Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources

Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners will increasingly employ renewable energy sources. Russia’s Cryptocurrency Mining Energy Expenditure Nears 1% of the Nation’s Total The growth in Russia’s cryptocurrency mining industry energy … Read more

Bitcoin’s Rally Cools as Taker Sell Ratio Turns Bearish

Takers are prioritizing sell contracts on Binance crypto exchange. Bitcoin was rejected at $95,000 and holds above $91,000. The accumulation of altcoins has dropped as traders take profit. Bitcoin market cooling is becoming evident as data from CryptoQuant highlights key shifts in market behavior. Over the past 24 hours, Bitcoin struggled to break $95,000 while … Read more

Vietnamese Police Prevent $1M Crypto Scam Targeting 300 Victims

The Hanoi City Police Department has thwarted a crypto scam targeting 300 potential victims and defrauding approximately 30 billion Vietnamese dong ($1.17 million) from over 100 businesses – what’s going on with the latest Vietnam crypto scam? Authorities apprehended individuals associated with Million Smiles, a fraudulent company promoting an in-house cryptocurrency called QFS, or Quantum … Read more