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    US Company Settles Salvadoran Coffee Purchase With Bitcoin

    US Company Settles Salvadoran Coffee Purchase With Bitcoin

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    According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this transaction, explained...
    Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

    Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

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    The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis...
    Blackrock’s Ishares Bitcoin Options Get the SEC Green Light

    Blackrock’s Ishares Bitcoin Options Get the SEC Green Light

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    The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces a new financial instrument aimed at providing investors with the ability...
    New York man to pay $36 million for forex and crypto fraud

    New York man to pay $36 million for forex and crypto fraud

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    Federal court ordered William Koo Ichioka to pay $31 million in restitution and $5 million in monetary penalty. The New York resident was charged and ordered to pay the total $36 million for defrauding victims in a forex and crypto scheme. A New York man is to pay a...
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