Global

The global cryptocurrency market experienced a slight downturn today, with a total market capitalization decreasing by 0.28% to $2.17 trillion. In conjunction with this dip, 24-hour trading volumes fell significantly, down 11.09% to $69.42 billion.

In recent years, credit card debt in the U.S. has reached alarming levels, with interest rates surging to an unprecedented 23.4%. This represents a significant increase from previous years, coinciding with the total credit card debt surpassing the $1 trillion mark.

The whimsical concept of meme coins has been around since the creation of Dogecoin in 2013, but the recent surge of meme coins on the Solana blockchain has drawn considerable attention.

As the cryptocurrency market continues to evolve, certain countries are emerging as prime destinations for crypto businesses in 2024. A recent report by Social Capital Markets identifies Dubai, Switzerland, and South Korea as the top three countries, thanks to their legal clarity, favorable tax regimes, and growing acceptance of cryptocurrency payments.

Alchemy Pay, a leading crypto payment solution, has announced a groundbreaking integration with Samsung Pay, allowing users to execute fiat-to-crypto transactions effortlessly.

Bitlayer Labs, the innovative team behind the Bitcoin Layer 2 network, has successfully completed an extended funding round led by Polychain Capital.