Central American nations ask: Can Bitcoin cut remittance costs? | Banks News
Bitcoin news

Central American nations ask: Can Bitcoin cut remittance costs? | Banks News

Central American countries are eagerly waiting to see if El Salvador’s adoption of Bitcoin as parallel legal tender cuts the cost of remittances, an important source of income for millions of people, say the region’s development bank. President Nayib Bukele’s congressional allies have already approved legislation giving the cryptocurrency official currency status alongside the US…

57,000 Bitcoin Left Crypto Exchanges In 24 Hours Showing Bullish Sentiments Along With 465,000 Bitcoins Transferred Between Coinbase And Unknown Wallets
Cryptocurrency exchanges

57,000 Bitcoin Left Crypto Exchanges In 24 Hours Showing Bullish Sentiments Along With 465,000 Bitcoins Transferred Between Coinbase And Unknown Wallets

Bitcoin news: BTC saw the largest outflow of funds in one day from crypto exchanges. Nearly 57,000 bitcoins were left crypto exchanges.

Web traffic for cryptocurrency exchanges hit all-time high in May
Cryptocurrency exchanges

Web traffic for cryptocurrency exchanges hit all-time high in May

Crypto exchange Web traffic hit a record high of 638.2 million visits in May, according to SimilarWeb data compiled by The Block.  Traffic to crypto exchanges grew 20.4% in May compared to April’s figure. May’s 638.2 million in crypto exchange traffic drew 108 million more hits than the last all-time high, which occurred in January …