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Friday 5: The Trending News in the Crypto Realm | May 17

Happy Friday! Here’s our rundown of the top 5 trending crypto news as of May 17, 2024. Bitcoin Soars on Easing Inflation Bitcoin (BTC) is having a great day, reaching $66 190 and surging over 5% after a cooler-than-expected April inflation report. This surge was in response to the release of the US Consumer Price […]

Bitcoin Breaks $46K: A New Dawn in 2024?

Discover how Bitcoin’s breakthrough above $46K marks the beginning of a bullish year, influenced by easing ETF sell-offs and growing investor confidence on Trackmytoken.com.

Mastercard Expands Crypto Partnerships

Mastercard is continuing to expand its partnerships with crypto companies. The company announced this week that it is partnering with Circle, a payments company, to enable cardholders to make payments with USDC, a stablecoin pegged to the US dollar. Mastercard is also partnering with Paxos, another payment company, to enable cardholders to make payments with PAX, another stablecoin.  Source: https://www.cnbc.com/2022/10/17/mastercard-will-help-banks-offer-cryptocurrency-trading.html.

SEC Charges Former Blockchain Executive with Fraud

The Securities and Exchange Commission (SEC) has filed charges against a former blockchain executive for allegedly defrauding investors in a purported cryptocurrency project. The SEC alleges that the executive, who worked for a company called Global Blockchain Technologies, misled investors about the project’s operations and finances. The executive is accused of raising over $2.8 million from investors, and the SEC […]

SEC Chair Warns of Crypto Risks 

Gary Gensler, the chairman of the SEC, has warned investors about the risks of investing in cryptocurrency. Gensler said that cryptocurrency is a “highly speculative asset” and that investors should be aware of the risks before investing. He also said that the SEC is looking into ways to regulate cryptocurrency exchanges and other businesses that deal in cryptocurrency.  Source: https://www.reuters.com/markets/currencies/us-sec-chair-gensler-says-investors-should-beware-crypto-returns-that-seem-too-2022-06-14/.

Crypto ATMs Experience Growth in Latin America

Cryptocurrency ATMs are experiencing growth in Latin America. According to a recent report by Coin ATM Radar, there are now over 1,600 crypto ATMs in Latin America, with the majority of them located in Brazil. The report also found that the number of crypto ATMs in Latin America is growing at a faster rate than in any other region […]

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