Bitcoin.com is excited to announce the forthcoming launch of V-Card, which will enable anyone to spend their cryptocurrency, just like cash, anywhere Mastercard® is accepted. The waitlist is live now at verse.bitcoin.com/card where you can sign up for the chance to win a free V-Card. V-Card: Transforming Crypto Spending V-Card is a prepaid debit card…

Paxful, the peer-to-peer cryptocurrency platform, has announced a significant reduction in transaction fees for gift cards. The company has slashed its fees by 80%, from the industry standard of 5% to just 1%. This has already resulted in a surge in gift card volumes and trader interest according to the company. The fee reduction applies…

TLDR Circle, the issuer of USDC stablecoin, has officially launched in Brazil to provide USD-backed digital currency and infrastructure to the country’s growing fintech sector. Circle has partnered with BTG Pactual, Latin America’s largest investment bank, to serve as its primary USDC distribution channel in Brazil, providing access to retail and institutional clients. The partnership…

TLDR U.S. law enforcement dismantled the 911 S5 botnet, which provided residential proxy services to cybercriminals, and arrested its alleged administrator, Chinese national Yunhe Wang. The botnet, consisting of 19 million infected devices across 190 countries, was used for various criminal activities, including financial fraud, identity theft, and child exploitation. Chainalysis assisted in the investigation…

TLDR Vanguard has confirmed that it will not offer spot Ethereum ETFs on its platform, despite the SEC’s approval of such products. The firm maintains its stance that cryptocurrency products do not align with its focus on traditional asset classes like equities, bonds, and cash for long-term investment portfolios. Bloomberg ETF analyst Eric Balchunas criticized…

BlackRock has submitted a revised registration statement for its proposed spot Ethereum ETF. The updated S-1 filing also included details about the company’s seed capital investor. Now, analysts suggest that U.S. spot Ether exchange-traded funds (ETFs) could launch by late June. BlackRock Reveals Seed Capital Investor Information The world’s largest asset manager submitted an amended…

TLDR BlackRock’s updated Form S-1 for its iShares Ethereum Trust (ETHA) suggests that the launch of U.S. spot Ether ETFs could be imminent, with analysts predicting a potential late June launch. The updated filing provides details about the ETF’s seed capital investor, a BlackRock affiliate firm that purchased $10 million worth of shares on May…

Bitcoin was stopped at just over $70,000 earlier this week and has been unable to resume its bullish momentum since then, as it even dipped toward $67,000 yesterday. The alternative coins are also in retreat, with SHIB, DOT, DOGE, PEPE, and WIF losing substantial percentages of their USD value overnight. BTC Shaky at $68K The…

Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization of Bitcoin mining across the globe,” according to a press release. The company looks towards leveraging the…

Bitcoin’s price has been sensitive to changes in inflation data – Consumer Price Index (CPI) – relative to the previous month, according to a May 29 market report from 10x Research analyst Markus Thielen. He said that higher-than-expected CPI has been bearish for the cryptocurrency, while lower-than-expected CPI has been bullish. Correlations With CPI Data…