Why crypto remittance companies are flocking to Mexico

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Today's News

Even though the crypto market is going through a phase of low volatility, traders are still finding ways to make money. Also, adoption of blockchain technology is on the rise with various institutions looking to implement the technology in different ways.

Outline

  • South Korea Aims to Boost Economy With Digital ID on Blockchain: The article discusses how South Korea is hoping to improve its economy by implementing a digital ID system that is based on blockchain technology.
  • Here's What Crypto Traders Are Doing With Volatility Gone: The article discusses how crypto traders are reacting to the recent drop in volatility.
  • I've Already Made 158% on Bitcoin. Here's Why I Keep Holding: The article discusses how the author has made a profit of 158% on Bitcoin and why they continue to hold the cryptocurrency.
  • Links 10/16/2022: The article provides links to various cryptocurrency-related news articles from October 16th, 2022.
  • ‘A $28 Trillion Opportunity’—Crypto Braced For A Huge Earthquake As The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Swing: The article discusses how the cryptocurrency market is bracing for a huge price movement, known as an "earthquake", as the prices of Bitcoin, Ethereum, Binance Coin, Ripple, Solana, Cardano, and Dogecoin fluctuate.
  • Meet The Catholic Nuns Who Are Building A New Church With Bitcoin: The article discusses how a group of Catholic nuns are using Bitcoin to finance the construction of a new church.
  • Bitcoin and Stocks Took a Gut Punch; the Builders Hardly Noticed: The article discusses how the recent stock market sell-off has had little impact on the construction industry.
  • Using Cutting-Edge Strategies DPS Cyber Security Aids in Tracking Down and Recovering Millions of Stolen Crypto for Clients: The article discusses how DPS Cyber Security is using cutting-edge strategies to track down and recover stolen cryptocurrency for its clients.
  • Here’s What Crypto Traders Are Doing With Volatility Gone: The article discusses how crypto traders are reacting to the recent drop in volatility.
  • Stocks Set to Extend Declines, Currencies on Edge: Markets Wrap: The article discusses how the stock market is expected to continue its decline, with currencies also under pressure.
  • [eBay Plus] 50% off Sendle Pick up & Delivery on 3 Items: The article discusses how eBay Plus is offering a 50% discount on Sendle pick-up and delivery for orders of 3 items or more.
  • Bitcoin clings to $19K as trader promises capitulation 'will happen': The article discusses how Bitcoin is holding above $19,000 despite a trader predicting that a major sell-off, known as capitulation, is imminent.
  • The state of crypto in Western Europe: Swiss powerhouse and French unicorns: The article discusses the state of the cryptocurrency industry in Western Europe, with a focus on Switzerland and France.
  • KYC to stake your ETH? It's probably coming to the US: The article discusses how the US is likely to implement a KYC (know your customer) requirement for staking Ethereum.
  • The CFTC's Ooki Dao action is a bad omen for American crypto developers: The article discusses how the recent actions of the US Commodity Futures Trading Commission (CFTC) against the Ooki Dao project is a bad sign for American cryptocurrency developers.
  • Why crypto remittance companies are flocking to Mexico: The article discusses why crypto remittance companies are choosing to operate in Mexico.
  • What is automated crypto trading and how does it work?: The article discusses what automated crypto trading is and how it works.
  • Blockchain gaming adoption means more options for gamers: The article discusses how the adoption of blockchain technology by the gaming industry is providing more options for gamers.
  • Bitcoin Futures Market Remains Heated As Leverage Stays High: The article discusses how the Bitcoin futures market remains active, with high levels of leverage.
  • Fraudster forfeits N40m Bitcoins, iPhones to FG: The article discusses how a Nigerian fraudster has forfeited N40 million in Bitcoin and iPhones to the Nigerian government.
  • Will Bitcoin Become More Volatile As US Inflation Hits 8.2%: The article discusses how Bitcoin may become more volatile as US inflation hits 8.2%.
  • Bitcoin Price Faces Tough Resistance Despite Recovery On The Chart: The article discusses how Bitcoin price is facing tough resistance despite a recent recovery.
  • Bitcoin Struggles To Break Past $19,500 As New Twist Surfaces, Here’s What To Expect: The article discusses how Bitcoin is struggling to break past $19,500 as a new development surfaces.
  • Chainlink (LINK) Makes Top 10 List Of Most Purchased Tokens In Last 24 Hours: The article discusses how Chainlink (LINK) has made the top 10 list of most purchased tokens in the last 24 hours.
  • Fantom Bear Market Struggle Continues; Will Price Break The Downtrend Jinx
South Korea Aims to Boost Economy With Digital ID on Blockchain

South Korea Aims to Boost Economy With Digital ID on Blockchain

South Korea plans to offer a digital identity secured by blockchain to citizens with a smartphone as it taps into the world’s most tech-savvy population to boost economic growth.

Here's What Crypto Traders Are Doing With Volatility Gone

Here's What Crypto Traders Are Doing With Volatility Gone

Besides dangling the opportunity to get rich quickly, one of the biggest attractions for crypto traders was the ability to profit from wild price swings. Now with volatility all but gone -- at least for now -- both professionals and amateurs are altering thei…

I've Already Made 158% on Bitcoin. Here's Why I Keep Holding.

I've Already Made 158% on Bitcoin. Here's Why I Keep Holding.

The top cryptocurrency remains an important part of my portfolio.

Links 10/16/2022

Links 10/16/2022

Our fashion-forward daily links, including fat bears, snow crabs, US imports, earthquakes, PR firm works for both CDC and Moderna/Pfizer, lying about Covid, BQ.1.1, monkeypox, Ebola, Elon Musk and Ukraine, winter war, Kerch bridge, US v. China, CCP congress, …

‘A $28 Trillion Opportunity’—Crypto Braced For A Huge Earthquake As The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Swing

‘A $28 Trillion Opportunity’—Crypto Braced For A Huge Earthquake As The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Swing

Bitcoin, ethereum and other top ten cryptocurrencies have found a floor following a huge sell-off this year that could turn into "panic"...

Meet The Catholic Nuns Who Are Building A New Church With Bitcoin

Meet The Catholic Nuns Who Are Building A New Church With Bitcoin

By adopting bitcoin, the Benedictines of Mary, Queen of Apostles from Kansas City were able to build their church and focus on preserving Catholic traditions.

Bitcoin and Stocks Took a Gut Punch; the Builders Hardly Noticed

Bitcoin and Stocks Took a Gut Punch; the Builders Hardly Noticed

Instead of waxing poetic about why the price of bitcoin “doesn’t matter,” TABConf attendees got down to the business of trying to break bitcoin’s commerce...

Using Cutting-Edge Strategies DPS Cyber Security Aids in Tracking Down and Recovering Millions of Stolen Crypto for Clients

Using Cutting-Edge Strategies DPS Cyber Security Aids in Tracking Down and Recovering Millions of Stolen Crypto for Clients

Using Cutting-Edge Strategies DPS Cyber Security Aids in Tracking Down and Recovering Millions of Stolen Crypto for Clients

Here’s What Crypto Traders Are Doing With Volatility Gone

Here’s What Crypto Traders Are Doing With Volatility Gone

(Bloomberg) -- Besides dangling the opportunity to get rich quickly, one of the biggest attractions for crypto traders was the ability to profit from wild...

Stocks Set to Extend Declines, Currencies on Edge: Markets Wrap

Stocks Set to Extend Declines, Currencies on Edge: Markets Wrap

(Bloomberg) -- Investors are girding for another volatile week in markets, with Asian stocks poised to open lower, major currencies vulnerable to dollar...

[eBay Plus] 50% off Sendle Pick up & Delivery on 3 Items

[eBay Plus] 50% off Sendle Pick up & Delivery on 3 Items

Not too bad when you stack it with the $0 sell fee https://www.ozbargain.com.au/node/727626 Recently sold my GPU and the Sendle pick-up postage was like $6.80. Buy Bitcoin with the savings. What is the promotion? Receive a 50% discount on three Sendle shipp…

Bitcoin clings to $19K as trader promises capitulation 'will happen'

Bitcoin clings to $19K as trader promises capitulation 'will happen'

A dull weekend sees BTC price action erase any trace of the week's volatility as commentators wait for excitement to return.

The state of crypto in Western Europe: Swiss powerhouse and French unicorns

The state of crypto in Western Europe: Swiss powerhouse and French unicorns

While France’s regulatory efforts stay in a larger EU context, Switzerland still leads the way in terms of attracting startups and creating the most welcoming legal environment for them.

KYC to stake your ETH? It's probably coming to the US

KYC to stake your ETH? It's probably coming to the US

It shouldn’t surprise anyone if regulators begin telling node validators to impose KYC and AML requirements on users staking Ether.

The CFTC's Ooki Dao action is a bad omen for American crypto developers

The CFTC's Ooki Dao action is a bad omen for American crypto developers

Decentralized autonomous organizations (DAOs) were supposed to be regulation-proof. Federal regulators now have targeted not just a DAO, but also its investors.

Why crypto remittance companies are flocking to Mexico

Why crypto remittance companies are flocking to Mexico

The decline of the Mexican peso and the emergence of a strong dollar have also contributed to the spike in remittances over the past couple of years.

What is automated crypto trading and how does it work?

What is automated crypto trading and how does it work?

There are a lot of misconceptions about automated crypto trading. Some people think it’s some kind of magic, while others believe it’s a scam.

Blockchain gaming adoption means more options for gamers

Blockchain gaming adoption means more options for gamers

Blockchain games are cropping up across various genres, giving games options for what they can play.

Bitcoin Futures Market Remains Heated As Leverage Stays High

Bitcoin Futures Market Remains Heated As Leverage Stays High

On-chain data shows the Bitcoin futures market has remained heated recently as leverage taken on by investors has been quite high. Bitcoin Estimated Leverage Ratio Declines A Bit, But Still Remains Very High Following the rise in derivative activities, the le…

Fraudster forfeits N40m Bitcoins, iPhones to FG

Fraudster forfeits N40m Bitcoins, iPhones to FG

A Federal High Court sitting in Lagos on Friday ordered the final forfeiture of 1.982, 022, 84 units of Bitcoin worth N40m, property of a suspected internet fraudster to the Federal Government. In addition, Justice Nicholas Oweibo ordered the final forfeiture…

Will Bitcoin Become More Volatile As US Inflation Hits 8.2%

Will Bitcoin Become More Volatile As US Inflation Hits 8.2%

The impact of macroeconomic factors on crypto and Bitcoin is increasing as inflation gets stronger. Both the crypto and the traditional market are facing a raging storm. Many international bodies fear that a possible global recession will soon break out. Anot…

Bitcoin Price Faces Tough Resistance Despite Recovery On The Chart

Bitcoin Price Faces Tough Resistance Despite Recovery On The Chart

Bitcoin price continues to witness strong resistance around the $19,400 mark. Over the last 24 hours, the coin depreciated by 2.9%. At the beginning of this month, Bitcoin price had staged a brief recovery but it was met with selling pressure. After the coin …

Bitcoin Struggles To Break Past $19,500 As New Twist Surfaces, Here’s What To Expect

Bitcoin Struggles To Break Past $19,500 As New Twist Surfaces, Here’s What To Expect

BTC’s price shows strength but has struggled to break past $19,500 as the price continues to move in circles.  BTC bounced from a low of $18,200 after the price rallied toward $19,800 but was rejected by sellers.  The price of BTC continues to trade below 50 …

Chainlink (LINK) Makes Top 10 List Of Most Purchased Tokens In Last 24 Hours

Chainlink (LINK) Makes Top 10 List Of Most Purchased Tokens In Last 24 Hours

Chainlink (LINK) managed to trim its week-to-date losses after going down by as much as 10% following massive altcoin price correction a couple of days ago. The crypto, trading at $7.04 according to latest tracking from Coingecko, managed to stop further pric…

Fantom Bear Market Struggle Continues; Will Price Break The Downtrend Jinx?

Fantom Bear Market Struggle Continues; Will Price Break The Downtrend Jinx?

FTM’s price struggles as a downtrend price movement continue.  FTM failed to breakout from its range channel as the price was rejected into a downtrend price formation with more sell volume. The price of FTM shows bearish signs as the price trades below the 5…

Trust Wallet Token (TWT) Shows Bullish Signs, Will Price Breach $1.5?

Trust Wallet Token (TWT) Shows Bullish Signs, Will Price Breach $1.5?

TWT’s price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1.5.  TWT bounced from a low of $0.88 as the price rallied to a high of $1, preparing for a rally as the price showed bullish signs.  The price of TWT continu…

MakerDAO Revenue Experiences A Major Drop, Here’s Why

MakerDAO Revenue Experiences A Major Drop, Here’s Why

For the first time since 2020, MakeDAO has crashed in its quarterly net income. The DAO is the autonomous community that governs the Maker Protocol. The project is based on the Ethereum blockchain and supports the lending and borrowing of crypto assets withou…

Bitcoin Whale Moves 500 BTC Dormant Since 5+ Years Ago

Bitcoin Whale Moves 500 BTC Dormant Since 5+ Years Ago

On-chain data shows a Bitcoin whale has recently transferred around 500 BTC that had been previously dormant for around 5 to 7 years. Bitcoin Spent Output Age Bands Show Spike In 5-7 Years Old Coins As pointed out by an analyst in a CryptoQuant post, this mov…

Bitcoin Is ‘Unique’ Regardless Of Price, Strategist At Asia’s Largest Bank Says

Bitcoin Is ‘Unique’ Regardless Of Price, Strategist At Asia’s Largest Bank Says

DBS, the biggest bank in Southeast Asia, has some opinions on Bitcoin and other cryptocurrencies. Digitized cryptocurrency trading was only made available to the company’s high-rolling customers as recently as last month. DBS Digital Exchange is a platform fo…