Blocks

Portugal’s Major Bank Blocks Fiat Payments To Crypto Platforms

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Portuguese Banco de Investimentos Globais (BiG). blocked fiat transfers to crypto platforms. BiG cited ECB guidelines on “risks associated with virtual assets”. The decision has raised concerns among cryptocurrency enthusiasts and businesses. With these developments, can Portugal still be considered a cryptocurrency paradise? Explore: Portugal could become home to major Bull Run winners with new … Read more

Why Is Crypto Down? Can Trump Fire Powell? What Happens Next After Powell’s Fed Blocks Bitcoin Reserve?

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Why Is Crypto Down? Can Trump Fire Powell? What Happens Next After Powell’s Fed Blocks Bitcoin Reserve?

Why did encryption decline? Federal Reserve Chairman Jerome Powell’s latest monetary policy update hit the cryptocurrency markets like a hammer. Bitcoin, which had crossed the $100,000 line, stumbled, falling 4.6% to $101,300 after the 25 basis point interest rate cut was announced. Ethereum followed suit, falling 5.96% and landing at $3,600 in the aftermath. What’s … Read more