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blockonomi.com Bitcoin ATMs in Kenya Expand as New Crypto Law Takes Effect

TLDR: Bitcoin ATMs in Kenya now operate in major malls, offering direct cash-to-Bitcoin transactions. Virtual Assets Service Providers Act empowers CBK and CMA to license and supervise VASPs. No VASPs have been licensed yet; operating without approval remains illegal in Kenya. Bitcoin adoption in Kibera predates ATMs, with small grants and merchant payments using crypto. [...] The post Bitcoin ATMs in Kenya Expand as New Crypto Law Takes Effect appeared first on Blockonomi.

blockonomi.com Grayscale Set to Launch XRP Spot ETF as Canary ETF Gains Momentum

TLDR Grayscale is converting its XRP Trust into a public XRP Spot ETF, offering broader market access. The Grayscale XRP Trust is currently a private investment vehicle for accredited investors, tracking XRP’s price The newly formed GXRP ETF will provide direct exposure to XRP for retail and institutional investors. The Canary XRP ETF has shown [...] The post Grayscale Set to Launch XRP Spot ETF as Canary ETF Gains Momentum appeared first on Blockonomi.

ambcrypto.com Stocks hold firm as crypto sells off—Why the two markets have suddenly diverged

Key Takeaways How did stocks perform compared to crypto this week? The S&P 500 and Nasdaq maintained their uptrend with controlled pullbacks, while the crypto market crashed to $3.01 trillion. The post Stocks hold firm as crypto sells off—Why the two markets have suddenly diverged appeared first on AMBCrypto.

bitcoinist.com What’s Going On With Saylor’s Bitcoin Strategy, And Is A Collapse Coming?

Michael Saylor’s Bitcoin strategy has been in focus since the recent BTC crash. There have been speculations of what could happen to Saylor’s company, Strategy (MSTR), and its BTC holdings if the flagship crypto continues to crash.  Schiff Predicts Bankruptcy For Saylor’s Strategy Amid Bitcoin Crash In an X post, renowned economist Peter Schiff stated […]