Crypto Fortress News

Singapore&Based Data Center Operator Gets Green Load to Fund its $1.5 Billion Project https://cryptofortress.app/singapore-based-data-center-operator-gets-green-load-to-fund-its-15-billion-project Princeton Digital Group has obtained a green loan of $280 million to help finance a data center it’s building in the southern region of Malaysia with $1.5 billion. The loan is the data center operator’s first green loan This will be the first green loan for the Asian data center manufacturer, as it aims to […]

BREAKING: Hong Kong Bitcoin ETFs Rumored to Open Gates for Mainland Chinese Investors https://cryptofortress.app/breaking-hong-kong-bitcoin-etfs-rumored-to-open-gates-for-mainland-chinese-investors Hong Kong’s Bitcoin ETFs opening to mainland investors could significantly enhance capital inflow. The integration into Stock Connect could mark a significant turning point in regional investment strategies. Recent developments indicate that Bitcoin ETFs in Hong Kong could soon be available to mainland Chinese investors, presenting a pivotal shift towards more diversified investment portfolios. A [...]

Ripple XRP Ledger Set for Major Upgrades: Revolutionizing the Future https://cryptofortress.app/ripple-xrp-ledger-set-for-major-upgrades-revolutionizing-the-future Ripple’s XRP Ledger is gearing up for major upgrades including DeFi solutions and dynamic NFTs. These enhancements aim to make the ledger more user-friendly and versatile, supporting a variety of use cases. Exciting developments are in store for the XRP Ledger with proposed upgrades set to revolutionize its functionality. These enhancements include advanced DeFi solutions [...]

Crypto market stability expected until May 15th, says expert https://cryptofortress.app/crypto-market-stability-expected-until-may-15th-says-expert Daniel Yan, the brains behind Kryptanium Capital, recently shared insights suggesting that the crypto market might see less turbulence leading up to May 15th. According to him, the market’s direction for the latter part of May will heavily depend on the Consumer Price Index (CPI) data due on that day. He’s betting big on Solana, […]

Is Ripple’s XRP the Key to BRICS’ New Monetary Project to Finally Ditch the US Dollar in 2024? https://cryptofortress.app/is-ripples-xrp-the-key-to-brics-new-monetary-project-to-finally-ditch-the-us-dollar-in-2024 BRICS has revealed that it is working on a stablecoin, leading to speculation that the alliance could adopt Ripple’s XRP. Ripple has a dedicated CBDC platform that helps central banks, governments, and financial institutions build their stablecoin. Following the confirmation that the BRICS alliance is developing a stablecoin, the community is speculating that Ripple’s XRP [...]

Kenya Partners with Marathon Digital to Refine Cryptocurrency Policies https://cryptofortress.app/kenya-partners-with-marathon-digital-to-refine-cryptocurrency-policies Kenya’s President William Ruto recently announced that his government has appointed Marathon Digital, a major U.S.-based Bitcoin mining company, to advise on the country’s cryptocurrency policies and energy consumption for mining activities.  Consultancy and Energy Discussion Between Kenya and Marathon Digital Marathon Digital is set to collaborate with the Kenyan Energy Ministry to address the […]

Coinbase and Brian Armstrong hit with new lawsuit over illegal securities https://cryptofortress.app/coinbase-and-brian-armstrong-hit-with-new-lawsuit-over-illegal-securities Coinbase, a major player in the cryptocurrency exchange market, and its CEO, Brian Armstrong, are now facing a class-action lawsuit. The lawsuit alleges that Coinbase, contrary to its denials, has been engaging in the sale of securities without the necessary registrations, thus breaching various state securities laws. For over a decade, Coinbase has positioned itself […]

Bank of England’s committee in policy disarray – what it means for the economy https://cryptofortress.app/bank-of-englands-committee-in-policy-disarray-what-it-means-for-the-economy Thursday approaches with the eyes of traders fixated on the Bank of England, anticipating it to hold interest rates at a steep 16-year peak of 5.25%. Despite this expectation, whispers of a potential rate cut next month are gaining volume, promising significant ripples across the economy. While the official stance has been to maintain the […]

Shiba Inu Surpasses BTC and DOGE, Emerges as Top&Traded Coin on India’s Leading Exchange https://cryptofortress.app/shiba-inu-surpasses-btc-and-doge-emerges-as-top-traded-coin-on-indias-leading-exchange The recent data released by WazirX indicates that SHIB was the most traded token on its platform throughout the month of April. Since its listing on WazirX in May 2021, Shiba Inu has consistently been among the top-traded assets on the platform. Shiba Inu (SHIB) has surged in popularity among crypto traders in India, dominating [...]

Bitcoin News: Tether Takes Action: Partners with Chainalysis for Enhanced Transaction Surveillance https://cryptofortress.app/bitcoin-news-tether-takes-action-partners-with-chainalysis-for-enhanced-transaction-surveillance Tether has partnered with Chainalysis to monitor transactions of the market-leading USDT stablecoin on secondary markets as regulators pile pressure on stablecoin issuers. Chainalysis is expected to sound the alarm on any transfers to sanctioned entities, terrorist organizations, hacker groups or any other illicit activities. While criminal activities in the crypto world represent only a [...]