Stable coin issuer Tether has announced that it and its subsidiaries will move to El Salvador after receiving a license to operate in that Latin American country.

In a notification dated January 13, #Tether announced that it has announced that it has received a license to operate in El Salvador as a Digital Asset Service Provider (DASP) and stable coin issuer. The company stated that it is committed to progressive policies, a favorable regulatory environment, [... ]...
This decision is a natural fit for Tether as it will allow us to build a new home, strengthen our collaboration and strengthen our focus on emerging markets. It's a natural step.
Paolo Aldino, CEO of Tether, said: By taking root (in El Salvador), we are not only partnering with a country that shares our vision of financial freedom, innovation and sustainability, but also reinforcing our commitment to empowering people around the world with distributed technologies. This reinforces our commitment.
he added.
This move follows reports that Ardoyno and Tether COO Claudia Lagorio have purchased real estate and plan to naturalize in the Latin American country in 2024. Cointelegraph reached out to Tether for comment but had not received a response at the time of publication.
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#InvestSmart #DigitalCurrency #Crypto2024 #TokenEconomy

The introduction of Brazil’s new digital currency, DREX, has sparked intense debate within both financial and cryptocurrency circles. According to Roberto Campos Neto, the President of the Central Bank of Brazil, DREX is poised to be far more revolutionary than the popular PIX payment system. He suggests that DREX will not only bring greater financial inclusion but will also introduce new capabilities such as programmable transactions, which could allow users to automate things like rent payments. Moreover, DREX is designed to integrate a wide range of financial services into a single platform, providing users with an all-encompassing digital experience.
Campos Neto has emphasized that Brazil’s digital currency is set to become a global benchmark for financial innovation, a bold assertion that aligns with the country's growing role as a digital finance leader. By offering advanced features, DREX could usher in a new era of seamless financial transactions, giving individuals and businesses more control over their finances in ways that were previously unimaginable.
However, there are concerns that DREX could be more about state control than technological advancement. As the Brazilian government creates and manages the platform, some fear it could provide authorities with greater oversight into citizens' financial activities, ultimately limiting the freedom that decentralized cryptocurrencies like Bitcoin offer. This brings us to a critical question: Is DREX a step toward greater financial freedom and innovation, or will it merely tighten governmental control over the crypto market and individual financial activities?
The answer to this question depends largely on how DREX is implemented. While it promises efficiency and innovation, the balance between freedom and control will ultimately determine whether it enhances or stifles the crypto market. DREX could become a pivotal force in global finance, but its success will depend on how it navigates these challenges.
#DREX #DigitalCurrency #CryptoMarket #FinancialInnovation

New York Attorney General Letitia James has filed a lawsuit against the perpetrators of a cryptocurrency scam, seeking to recover more than $2 million in cryptocurrency stolen from people who fell victim to a sophisticated remote work scheme.

Scammers offered flexible and well-paying jobs They lured victims with text messages offering flexible and well-paying jobs. The victims were then encouraged to open a #cryptocurrency account, deposit funds and write product reviews on a fake website masquerading as a legitimate business In
James' lawsuit, he says the scammers told victims that their deposits were only needed to legitimize the data, not to make actual purchases. He says the scammers convinced victims that the deposits were only needed to legitimize data, not to make real purchases. In return, victims were promised a full refund and commission. However, the victims received neither refunds nor commissions and eventually lost their funds.
With the help of the U. S. Secret Service, the stolen cryptocurrency was frozen. James warned the public to be wary and vigilant about unsolicited job offers, especially those that come in the form of text messages from unknown numbers.
Deceiving New Yorkers who want to work in remote areas and earn money to support their families is cruel and Deceiving New Yorkers who want to work in remote areas and earn money to support their families is cruel and unacceptable, James said in a Jan. 9 press release.
I don't know what to do.
In mid-2024, the U. S. Federal Bureau of Investigation (FBI) has noticed a growing trend of work-at-home scams. These scams often target victims who request cryptocurrency payments under the guise of further job opportunities, which ultimately leads to an outflow of funds to the scammers.
In the latest scheme, scammers ask victims for stablecoins Tether (USDT) and USD Coin (USDC) and offered to purchase USD Coin (USDC). Victims were invited to conduct these transactions through authorized and legitimate cryptocurrency platforms such as Coinbase, Gemini and Crypto. com.

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#CryptoTrends #DigitalCurrency #FinTechInnovations #InvestSmart

Immediate upside resistance is at $0.0000225. If this level is broken, the bearish pattern will become invalid and SHIB may retest $00000250; it will take significant buying pressure to break this resistance line, which coincides with the 50 EMA; according to the volume analysis

, there is no bullish momentum and the current pattern is
The next move of SHIBB is likely to be towards the neckline and 200, even though the head-and-shoulders pattern has not been fully confirmed yet. The EMA will largely depend on the price action around the EMA. Traders should keep a close eye on these levels as a breakout in either direction could result in a significant price move. Caution and risk management around these key levels is currently advised.
#Bitcoin seems to be lagging behind other #digital assets when it comes to price movement. Traders and investors looking for a strong direction are concerned about this stagnation: after an impressive rally in late 2024, bitcoin has struggled to maintain momentum and is currently trading at around $BTC the lack of significant price movement in Bitcoin has failed to attract traders and has failed to keep up the momentum of other #cryptocurrency assets. Bitcoin has failed to attract traders or build confidence in its breakout potential due to this weak movement. According to the daily chart, the bitcoin price is consolidating below the 50 EMA, a key resistance line around $BTC For an uptrend to be possible, this level must be broken; the support level at $87,700, corresponding to the 100 EMA, protecting against a further fall. A more prolonged fall could occur if bitcoin breaks below the 200 EMA at $BTC the RSI index is currently showing neutral sentiment at 45, but also indicates that bitcoin lacks the necessary momentum for a major move in either direction. In addition, the below-average trading volume indicates that the market is in a waiting phase.
Arman Shirinyan is a trader, crypto-enthusiast and SMM expert with over four years of experience.
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#DigitalCurrency #CryptoTrends

James Howells, a British man who mined bitcoin at the dawn of bitcoin, had his hopes dashed after a British judge rejected his appeal to recover a bitcoin wallet worth about £709 million from a landfill in Newport, Wales.

This decision was a major setback for Howells, who has been fighting for years to gain access to the site where a hard drive containing thousands of bitcoins was allegedly accidentally dumped in 2013. The decision was a major setback for Howells, who has been fighting for years to gain access to the site where a hard drive containing thousands of bitcoins was allegedly accidentally dumped in a landfill in 2013.
Howells, one of the first miners of the #cryptocurrency , had hoped to retrieve it from a landfill in He had hoped to recover the hard drives. He actively sought legal ways to recover the wallets and even offered the Newport City Council to give him a share of the cryptocurrency in 2021 if the disks were successfully retrieved.
But the council said the excavation was impractical for legal, economic and environmental reasons, and he sued last October,
However, in December 2024, a High Court judge ruled that Howells' claim lacked reasonable grounds and had no realistic prospect of success if the case had gone to trial. Significantly, Judge Keyser QC dismissed Howells' application on the basis that the hard drives became the property of the council as soon as they were sent to landfill and any attempt to retrieve them would likely breach environmental permits.
This decision puts an end to Howells' long struggle. Howells expressed deep disappointment with the court's decision. The fact that the case was dismissed at the earliest hearing does not give me the opportunity to defend my position or seek justice, Howells said after the ruling. This is not about greed. I'm willing to share the proceeds, but no one in authority is willing to talk to me properly.

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#CryptoAdoption #Crypto2024 #DigitalCurrency #TrendingTopic

As the global financial ecosystem evolves, Central Bank Digital Currencies (CBDCs) and cryptocurrencies are emerging as key players shaping the future of money. While both represent a shift towards digitization, their roles, underlying technologies, and implications differ significantly. Investors are left wondering: are these two forces destined to compete, or can they collaborate for mutual benefit?
Understanding CBDCs and Cryptocurrencies
CBDCs: Issued and regulated by central banks, CBDCs are digital forms of a nation’s currency. They are designed to modernize financial systems, enhance transaction efficiency, and ensure monetary stability. CBDCs maintain the backing of a government and operate within centralized frameworks.

Cryptocurrencies: In contrast, cryptocurrencies like Bitcoin, Ethereum, and others operate on decentralized blockchain technology. They offer anonymity, financial freedom, and often serve as alternatives to traditional banking. Cryptocurrencies are independent of government control and thrive in an open-market environment.

The Case for Competition
1. Control vs. Decentralization:
CBDCs aim to retain centralized control, while cryptocurrencies champion decentralization and individual financial autonomy. These opposing philosophies could create friction.

2. Market Share:
As CBDCs gain traction, they may undermine the demand for cryptocurrencies by offering a stable, government-backed alternative. This could lead to tighter regulations on crypto, further intensifying competition.

3. Technology and Adoption:
Both CBDCs and cryptocurrencies require robust technological infrastructure. Nations rolling out CBDCs might monopolize blockchain resources, potentially sidelining crypto innovations.
Opportunities for Collaboration
1. Interoperability:
Cryptocurrencies and CBDCs could coexist by leveraging each other’s strengths. For instance, crypto's blockchain technology could support the secure and efficient deployment of CBDCs.
2. Enhanced Financial Inclusion:
Cryptocurrencies can extend financial services to unbanked populations, while CBDCs can provide stability and trust. Together, they can bridge global financial gaps.
3. Innovation and Stability:
By collaborating, cryptocurrencies and CBDCs can balance innovation with economic stability, creating a seamless transition towards a digital financial future.

What It Means for Investors
Investors should view this dynamic as an opportunity rather than a conflict. Key takeaways include:
Diversification: With CBDCs gaining momentum and cryptocurrencies continuing to innovate, diversifying portfolios across both assets can hedge risks and capitalize on growth.
Focus on Technology: Blockchain technology, the backbone of both CBDCs and cryptocurrencies, offers immense investment potential. Companies providing blockchain infrastructure could be the big winners.
Regulatory Trends: Stay informed about global regulatory developments. Governments' stances on crypto and CBDCs will heavily influence market dynamics.

Conclusion: A New Financial Era
Rather than framing CBDCs and cryptocurrencies as rivals, the smart investor should recognize their potential to complement each other. While competition will persist, collaboration is not only possible but also beneficial for global financial stability and innovation. By understanding and leveraging this evolving landscape, investors can position themselves for long-term success in the digital economy.

The future of money is digital, and the real question isn’t whether CBDCs or cryptocurrencies will prevail—it’s how they can reshape the financial world together.

#DigitalCurrency
#BlockchainInnovation
#Crypto_Jobs🎯 VsCBDC
#FutureOfFinance

The article in this post: Global Cryptocurrency Adoption Index 2024 shows that Asia leads the list with 60% of the total number of cryptocurrency users worldwide.

the Index, India, Indonesia and Vietnam were also among the top ten countries with the highest number of #cryptocurrency users in the world.
Despite the strict regulatory environment, people in China are actively engaging in #digital assets and decentralized finance.
Foresight A study conducted by Ventures and Primitive Ventures found that Asia leads other continents in the number of cryptocurrency users in the world. According to the report, countries such as India, Vietnam and Indonesia are among the top ten countries with the highest number of cryptocurrency users in the world.
Foresight Ventures, a venture capital firm specializing in #cryptocurrencies , and Primitive Ventures, an investment firm specializing in frontier investments. Primitive Ventures recently released a report titled GTM in Asia.
report states that the Asian region is the epicenter of global crypto activity, accounting for 60% of the world's cryptocurrencies. Calculations show that the Asian continent accounts for the largest share of global liquidity in the cryptocurrency sector. The
Chainalysis 2024 Global Cryptocurrency Adoption Index shows that Asia continues to dominate the cryptocurrency world, with 20 countries in the top 20 leading the way. According to the
2024 Global Crypto Adoption Index report, five of the top 10 countries are in Asia, including India, Indonesia and Vietnam. The report highlights the growing trend of cryptocurrency adoption in Asian countries, mainly due to centralized exchanges and price-sensitive communities.
cryptocurrencies are thriving in China.
Indonesia is a regional hub and is ranked number one in the world. It is the third largest cryptocurrency market in the world. Between July 2023 and June 2024, the country received $ 157.

ation.

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#DigitalCurrency #TrendingTopic

Coinbase Wallet users can now receive funds directly from their bank account without any fees.

Bank deposits are automatically converted to #USDC , making it easier to plan regular investments.
Users can earn extra rewards in USDC as long as funds Users can earn extra rewards in USDC as long as they remain safe in the wallet.
#Coinbase Wallet has launched a new feature that allows users to receive money transfers directly from their bank account. What are the main features? No fees. The service is available to most users worldwide and makes it easy to fund #cryptocurrency wallets: through the
Coinbase Wallet mobile app, users can create virtual accounts that accept cash deposits from banks. These deposits are automatically converted to USDC at no additional cost. This feature is ideal for those who want to create regular deposits such as paychecks, savings accounts or other bank accounts. It is also ideal for those who want to always have a full wallet without having to worry about complicated money transfers -
Automatic Deposits converts money to USDC without user intervention, making money management more efficient. Those who want to make the most of their funds can participate in the USDC Rewards Program and earn rewards while their funds are safely stored in the wallet. Thus, the Coinbase wallet not only supports crypto asset management, but also offers passive income opportunities.
The integration of bank transfers to convert USDC deposits into the Coinbase wallet is an important milestone. This new feature makes managing #cryptocurrencies easier and more accessible without resorting to third-party services. The ability to receive funds directly from a bank account and convert them to cryptocurrency without additional fees represents an important step forward towards greater integration of traditional and digital finance.
Over the past few years, Coinbase has been recognized for its ease of use and enhanced security.
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#DigitalCurrency

Trump's NFT debuts on the Bitcoin network - one card sells for $1.9 million

President-elect Donald Trump launched his latest unique token collection called Trump #Bitcoin Digital Trading Cards on June 2.
What happened: the collection consists of 160 pieces created using the Ordinals protocol.
CollectTrumpCards, the official X-channel associated with Trump's
proposal, allows users who purchase 100 cards
from the 'Mugshot Edition' series to provide a bitcoin wallet, after which LINE _BREAK Magic Eden Marketplace is reportedly available through the trading platform; only one
FT card can be applied to a single wallet; the first and only official bitcoin created by
Trump Digital Trading Cards. The Alpha Sats order has a parent and child collection . There are a total of 160 Trump Ordinaries!
about 13 FT- are already available on Magic Eden, with a minimum price of 0.177 BTC, or $16,815 at the current market price. #NFT The minimum price for an "NFT" is a collection This is the lowest price it can be.
Bitcoin tokens are data on the Bitcoin #blockchain , typically associated with digital collectibles and artwork. The NFT concept allows for tokenization of various digital and physical assets, creating verifiable ownership on the Bitcoin blockchain.
According to CryptoSlam, bitcoin is the second "NFT-" at the time of this writing.
Why it matters: In December 2022, Trump first entered the FT market with his own collection. The collection was an instant success and sold out in just 24 hours after launch.
Since then, he has released four more collections, the most recent of which was "Ordinaries.
According to the latest financial data, Trump has earned over
price change: interestingly, the release of the latest digital cards has caused the prices of previous collections to drop: "Mugshot Edition" released in December 2023 has fallen in price by 2.19% in the last 24 hours, while the latest "America First Edition" has fallen by 2.
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#Crypto2024 #DigitalCurrency

Dennis Porter: Lawmakers Compete for Bitcoin Reserves
Dennis Porter, co-founder of the Satoshi Action Fund, announced that up to 20 Strategic Bitcoin Reserve (SBR) laws could be introduced at the state level in the USA. State lawmakers are aggressively competing to be the first to pass this legislation.
Porter shared this information on the X platform, highlighting that most of the proposed laws are based on a model developed by the Satoshi Action Fund.

The Process for Approving Bitcoin Reserve Laws
Six Steps to Enactment
According to the plan shared by the Satoshi Action Fund, most states will follow a six-step legislative process, set to begin this month. The process includes:
Bill Introduction: The bill is introduced in either the House of Representatives or the Senate.Initial Hearing: A small group of lawmakers (typically 7 to 21 members) reviews and votes on the bill in a committee hearing.Floor Vote: If the bill gains majority approval in the committee, it moves to a vote in the full chamber.Consideration in the Second Chamber: The bill is then reviewed and voted on in the second legislative chamber.Governor's Decision: Once approved by both chambers, the bill is sent to the governor for signature or veto.Law Implementation: After the governor’s signature, the bill becomes law.

Challenges and Time Constraints
Compressed Legislative Cycles
Porter explained that most states operate on part-time legislative cycles, with sessions lasting only a few months. This creates a compressed timeline for proposals, requiring the process to move swiftly.
In states like Ohio and Pennsylvania, where sessions run year-round, the process may take longer. However, advocates are focused on expediting progress to establish strategic bitcoin reserves in multiple states by summer.
Satoshi Action Fund Targets Multiple States Simultaneously
Increasing Chances of Success
Porter emphasized that working on multiple bills across different states significantly boosts the likelihood of success. This approach helps overcome obstacles and ensures that the legislation can be passed in as many states as possible.
“The policymaking process is fraught with challenges that could derail a bill at any moment,” Porter stated. “That’s why a multi-state strategy is essential to achieve the goal.”
Goal: Strategic Bitcoin Reserves in Multiple States
Expectations for the Coming Months
According to advocates for bitcoin reserves, significant activity is anticipated in the next six months. The aim is to pass the first strategic bitcoin reserve laws by summer, strengthening bitcoin’s role as a strategic asset at the state level in the USA.

#BTC , #BitcoinReserve , #CryptoAdoption , #CryptoNewss , #DigitalCurrency

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Trader aims for Ethereum (ETH) growth as large memcoin looks "undeniably" strong - The Daily Hodl

An analyst known for his timely altcoin predictions believes top-tier memcoin #Dogecoin (DOGE) is ready to start.
a pseudonymous analyst Bluntz told his 306,000 followers on social media platform X that Dogecoin appears to be in the early stages of a new five-wave rally on its 12-hour chart.
This trader is a follower of Elliott Wave Theory and said the bullish asset is seeing a five-wave surge before entering an ABC wave correction,
Mr. Blantz said. I think Dogecoin's monster overnight move is definitely impulsive, and based on the charts of
traders, it suggests that Dogecoin will reach a price above $0.60 before the end of the fifth wave of the upswing, Mr. Blantz said. Analysts also monitor the Dogecoin vs. Bitcoin (DOGE/BTC) trading pair. According to Blantz, the charts suggest that #DOGE will outperform BTC before the bull market ends.
the DOGE/BTC ratio is basically still rising. There is no chance that it will not rise significantly before the end of the cycle.
At the time of writing, DOGE is trading at 0.379 USD.
As for #Ethereum , Brands says that ETH looks bullish against the US dollar and BTC trading pairs. In the analyst's opinion, Ethereum can speak to the fact that relative inefficiencies are a thing of the past.
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#CryptoAdoption #DigitalCurrency

🚀 "The Future of Digital Payments is Here: Meet COTI!" 💳

Imagine a world where payments are fast, secure, and cost-effective, all powered by blockchain. That's the vision of COTI, the Currency of the Internet. 🌐

Here’s why COTI is becoming the backbone of digital payments:

✅ Transaction Speed: Lightning-fast transactions with up to 100,000 TPS – that’s faster than Visa! ⚡

✅ Cost-Effective: Say goodbye to high fees. COTI’s infrastructure enables fee-less payments, perfect for businesses and consumers alike.

✅ Enterprise Adoption: Trusted by merchants worldwide with tailored payment solutions.

✅ Innovative Tokenomics: Limited supply, staking rewards, and a growing ecosystem ensure sustainable growth.

✅ Top-Tier Partnerships: Working with giants like Cardano (ADA) and expanding integrations with Web3.

💼 Market Potential:

Current Price: <$1 🔥

Market Cap: $100M+ – leaving massive room for growth.

Positioned in a $2 trillion payments industry.

As blockchain adoption accelerates, COTI’s disruptive tech is solving real-world problems and bridging the gap between crypto and mainstream finance.

📊 "Early adopters reap the biggest rewards."

Stay ahead of the curve—keep an eye on COTI as it paves the way for the future of payments.

📈 #COTI #DeFi #CryptoPayments #DigitalCurrency #FutureOfFinance

👉 Are you ready to watch COTI's story unfold in the next big bull run? 🌟

(This is not financial advice. Always DYOR.)

The XRP price has risen 15% over the past seven days after weeks of consolidation following the altcoin's rise to $3.00 in early December. According to Cointelegraph Markets Pro and TradingView, the XRP/USD pair rose 1.5 percent to a daily high of $2.44 on Jan. 6. The intraday high was US$44.

XRP's upside potential is supported by a significant increase in open interest (OI) over the past 24 hours.
The chart below shows that XRP's OI increased by 45% from US$2.6 billion to US$3.7 billion in the last 24 hours, indicating that investors are opening positions in anticipation of a rise in the price of #XRP . This also indicates increased trading activity and inflows into the XRP market.
Historically, significant spikes in interest in OI have preceded spikes in the XRP price.
For example, between July 13 and July 14, 2023, the OI jumped 107% and the price jumped 107% over the same period.
This price movement came after Judge Annalisa Torres ruled in the Securities and Exchange Commission's case against #Ripple that XRP tokens are not securities. Similar price movements occurred in 2024.
If history repeats itself, the latest spike in OI could cause the XRP price to break out of consolidation and record a significant rise towards $BTC XRP/USD is expected to resume its bullish momentum despite the recent pullback from the highs.
XRP price movement from November 5, 2024 to January 6, 2025 is shown on the chart below, with a bullish flag on the daily chart. A pattern has been formed. A daily candle above the upper boundary of the flag at $2.41 would signal the beginning of a strong upside breakout.
target is determined by the height of the flagpole, which is about $15, or about 520% of the current price.
Other bullish indicators on the chart are the 50-day simple moving average at $2.10 and the Relative Strength Index just above 50.
Several analysts also cite market sentiment for XRP adoption and partnership growth, fueled by the cryptocurrency-friendly Trump administration, with a target price of XRP by 2025.

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#CryptoMarketTrends #DigitalCurrency #FinTechInnovations

CEO Garlinghouse attributed these changes to the Trump administration and Donald Trump's pro-cryptocurrency rhetoric. In a post on X's website on January 5, the CEO wrote, Team Trump is already causing innovation and job growth in the U.S. with Scott Bessent, David Sachs, and Paul Atkins at the helm! Whatever you say, but the Trump effect is already making cryptocurrencies great again.

industry executives, investors and developers are optimistic about the potential for #cryptocurrencies to thrive under the Trump administration and hope for a friendlier regulatory environment.
Brad Garlinghouse.
the second Trump administration will take office on January 20, 2025. But the industry is already making moves in anticipation of the long-awaited inauguration.
mining company Hive Digital recently announced it will move its headquarters from Vancouver, Canada, to San Antonio, Texas. President-elect Donald Trump's new administration is more positive about #bitcoin , the company said in a statement on Dec. 31.
Morgan Stanley, one of the world's largest financial institutions and owner of the E-Trade platform, added backed assets to its brokerage site. A company spokesperson cited the pro-cryptocurrency rhetoric of the incoming Trump administration as one of the reasons for the potential addition of crypto assets to its E-Trade platform.
ARC Invest. Founder Katie Wood recently predicted an increase in mergers and acquisitions over the next four years and predicted that BTC will be worth $1 million by 2030, thanks to policies that support innovation and bitcoin's scarcity.
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#CryptoTrends #DigitalCurrency #TokenEconomy