Cryptocurrency

The Future of Cryptocurrencies in Italy: Between Innovation and Regulation

Credit: DepositphotosThe topic of cryptocurrencies is gaining increasing attention, and it’s clear this is more than just a passing trend. Many people—both industry experts and curious observers—are asking whether Italy is truly ready to embrace the decentralized future promised by blockchain technology. Simply owning a digital wallet and buying some tokens no longer means...

Crypto Platforms Feel Like Gambling Due To High-Risk Users

Image Credits: PixabayWhen Kim Kardashian was fined in 2022 for promoting a crypto token without disclosing she was paid, and Matt Damon appeared in a cryptocurrency ad saying "fortune favors the brave," it became evident that crypto had entered mainstream pop culture.Beneath the celebrity glitz and Super Bowl commercials, something more familiar emerges.Crypto trading...

Bitcoin Surges To New Peak Amid U.S. Regulatory Hopes

Credit: PixabayBitcoin hit a new all-time high on Wednesday, fueled by rising investor confidence and optimism over U.S. cryptocurrency legislation. Analysts cited growing bipartisan support in Congress for clearer regulations, especially around digital assets and stablecoins, as a key driver.The push for regulatory clarity reassures investors and signals a step toward wider adoption and...

Crypto Elite Increasingly Fear for their Safety

Credit: PixabayCryptocurrency executives and wealthy investors are placing greater emphasis on personal security, according to recent reports from the Wall Street Journal and Bloomberg.Rising Bitcoin Value and Data Breach Fuel Kidnapping Fears in Crypto WorldAlthough crypto has long posed distinct security challenges, the increasing value of Bitcoin and a recent Coinbase breach—exposing some customer...

Kuwait Restricts Crypto Mining to Curb Power Demand

Credit: PixabayKuwait is taking nationwide action against cryptocurrency miners, according to Reuters, citing the activity as a cause of blackouts and strain on the power grid. Authorities launched the crackdown ahead of summer, anticipating temperatures will soar to 125°F.Kuwait’s Ministry of Interior announced it is carrying out a "wide-ranging" security operation targeting residences suspected...

The Crypto Wallet Integrated with Telegram Now Offers Crypto Trading and Yield-Generating Features

Image Credits: TelegramTelegram’s crypto wallet, developed by third-party company The Open Platform (TOP), has introduced new features for users who engage with Telegram beyond messaging. These updates include multi-asset trading and yield-generating options.Built on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million users have signed up...

Trump Proposes Establishing a Crypto Strategic Reserve

Image Credits:BRENDAN SMIALOWSKI / AFP / Getty ImagesFormer President Donald Trump has voiced support for establishing a federal reserve of cryptocurrency assets. Initially, he highlighted XRP, Solana, and Cardano for inclusion, later clarifying that Bitcoin and Ethereum would “obviously” be part of the reserve as well.However, in January, Trump issued an executive order calling...

Wharton Professor Explains What All the Buzz Around Bitcoin is About

Credit: Alesia Kozik/pexels.comThe Wharton School's Mauro Guillén, a professor of international management, responds to inquiries about the increased interest.Elon Musk energized the possibilities for Bitcoin stock earlier this month when he promised that Tesla, Inc. will soon accept payment for its electric vehicles in the much-discussed but little-known currency.Mauro Guillén, previously the head of...

Bitcoin: Why Its Worth Has Rocketed Once Again

Bitcoin's journey into mainstream finance has achieved another significant milestone-- another record price. The cryptocurrency was trading at US$ 66,975 (₤ 48,456), after the launch of an exchange-traded fund (ETF), which has dramatically raised bitcoin's direct exposure to investors.The fund, that opened on October 19, permits investors to speculate on the future value of...