Author: Vortex Cryptonews

Circle and Pockyt Join Forces to Simplify Global Payments with USDC

Vortex Cryptonews

Circle and Pockyt join forces to integrate USDC into Pockyt’s payment network, making global payments faster and more cost-effective. The integration provides Pockyt merchants with scalable tools to navigate international markets effectively. The partnership also comes with Circle’s programmable wallets designed to enable businesses to merge traditional payments with blockchain innovations for seamless transactions. . , the financial services company behind the popular USDC stablecoin, has partnered with payments platform Pockyt to make international transactions faster, cheaper, and more convenient. According to an official , this collaboration introduces to Pockyt’s…

Cheelee and Worldcoin Lead in Upcoming $730M Token Unlock Wave

Vortex Cryptonews

Cheelee leads the cliff unlocks with a release of 20.81 million tokens, valued at $196 million. Worldcoin dominates the linear unlock schedule, planning to release 37.23 million tokens. The total value of the upcoming token unlocks exceeds $730 million. A major wave of token unlocks, valued at over $730 million, is to hit the crypto market this week, with Cheelee (CHEEL) leading the cliff-based unlocks and Worldcoin dominating the linear schedule. Cheelee tops the cliff unlocks with a planned release of 20.81 million CHEEL, valued at $196 million. This accounts…

Bitcoin Demand Shocks Loom for 2025 as Institutional Interest Surges: Report

Vortex Cryptonews

Sygnum Bank predicts massive “demand shocks” for Bitcoin by 2025. It states that every $1 billion in net inflows to Bitcoin ETFs could boost Bitcoin’s price by 3-6%. Altcoins may lag behind unless the US implements crypto-specific legislation, according to report. A new from Sygnum Bank forecasts a seismic shift in Bitcoin’s market dynamics by 2025, driven by surging institutional inflows. The bank outlines how growing participation from sovereign wealth funds, pension funds, and other large-scale institutional investors could create major “demand shocks”, potentially pushing Bitcoin prices to unprecedented levels.…

Binance Redefines P2P Trading with New Tiered Program

Vortex Cryptonews

Binance P2P now has a three-tiered program for users. The Bronze, Silver and Gold tiers reward users based on volume and trade completion rates. The exchange has continued to lead innovations with new product launches. , the world’s largest cryptocurrency exchange, has recently an update to its Peer-to-Peer (P2P) Merchant Program. This upgrade includes a dynamic three-tier system: Bronze, Silver, and Gold. This shift aims to recognize and reward merchants based on their trade volume and performance. The exchange said this move will foster a competitive and rewarding environment for…

Chainlink (LINK) Price Aims for ATH Fueled by Heightened Institutional Demand Led by Coinbase

Vortex Cryptonews

The Chainlink network has been adopted by dozens of reputable financial institutions seeking to build multi-chain web3 projects. LINK price has formed a macro bullish trend and signaled an imminent rally towards $50 soon. Amid the mainstream adoption of digital assets and web3 projects catalyzed by institutional investors, the Chainlink (LINK) network has emerged as a crucial component. The veteran blockchain, which is focused on democratizing multichain smart contracts, has become a standard for on-chain finance in the past few years. As a result, on-chain data shows the demand for…

Cardano Whales Scoop 120M ADA in One Week: Further Rally Expected?

Vortex Cryptonews

Whales grabbed over 120M ADA tokens in the first week of December. Cardano’s strong fundamentals supported a bullish outlook for the altcoin’s value. Cardano whales bought 120 million ADA , worth $144M, in the past three days, a clear conviction that the altcoin could rally in the future. According to Santiment data, whale wallets holding 100M-1B ADA tokens increased their positions from 3.15 billion to 3.27 billion tokens between December 3 and 6. Photo: Santiment Crypto analyst Ali Martinez highlighted that a big chunk of the whale bid, 100M ADA,…

Cardano Bags Big TVL Record amid Analysts’ Bullish Forecast

Vortex Cryptonews

Cardano has registered a new ATH in DeFi Total Value Locked. Along the broader market, ADA price fell but in recovery mode per capital influx from Bitcoin. Top market analysts have issued bullish price targets for Cardano. Cardano has been on an impressive bullish trend since November, riding on the victory of a pro-crypto leader in the United States. The cryptocurrency has recently begun to retest the upper border of a megaphone weekly chart pattern. Notably, the megaphone pattern is usually characterized by a series of higher highs and lower…

Bitcoin Hits $100K as Coinbase CEO Calls for Global Strategic Reserves

Vortex Cryptonews

Armstrong highlights Bitcoin’s growth over the past 12 years. Spencer Hakimian praises Bitcoin’s wealth-building potential. Coinbase CEO has urged all governments worldwide to consider adopting Bitcoin as a strategic reserve. Armstong this on his X page on December 4, providing insight into BTC’s performance over the last 12 years. His appraisal of the digital asset comes after the coin hit the $100,000 mark. Brian revealed how a $100 BTC investment in June 2012, the year was founded, would now be worth $1.5 million. In contrast, $100 held in cash would…

Australia’s Fintech Faces 7% Decline as Crypto Firms Bear 14% Impact

Vortex Cryptonews

Over 7% of Australian fintech companies closed in 2024, with 60 firms shutting down, including 14% from blockchain and crypto. Blockchain and cryptocurrency firms saw a 14% decline in 2024, leaving only 74 active firms, according to KPMG. Regulatory changes and increasing AI interest may shift focus, but spot Bitcoin ETFs and rate cuts could revive the crypto sector in 2025. The Australian fintech sector is facing a challenging period as more than 7% of fintech companies based in the country have closed down in 2024. The biggest casualty? Blockchain…

Australian Retirement Fund AMP Seeks Bitcoin Exposure with $27 Million Investment

Vortex Cryptonews

AMP’s Chief Investment Officer, Anna Shelly, highlighted that customers in the fund’s balanced and growth options are most likely to have exposure to Bitcoin. While AMP embraces Bitcoin, other major funds have opted not to follow it, citing concerns over Bitcoin’s volatility and lack of yield. Reserve Bank governor Michele Bullock echoed these concerns, stating that Bitcoin is unsuitable for the Australian economy. In a major announcement, Australia’s retirement fund AMP announced an investment of $27 million in Bitcoin thereby making a significant move in the asset class. This makes…