Square CEO Jack Dorsey said that the platform’s latest Bitcoin (BTC) venture would be to develop a decentralized exchange. In a Friday tweet, Dorsey said that “TBD” — either referring to the fact the business’ name has yet to be determined or simply the name itself — would be focused on building a decentralized exchange …
Continue reading “Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin”
NFTs The billionaire CEO of Galaxy Digital believes that the froth currently surrounding NFTs doesn’t affect its legitimacy as an industry. Andjela Radmilac · August 27, 2021 at 11:00 pm UTC · 2 min read Speaking on CNBC’s Market Alert, Mike Novogratz, the CEO of Galaxy Digital, said that the rise in popularity non-fungible tokens …
Continue reading “Bitcoin bull Mike Novogratz says NFTs represent a big shift in culture”
Bitcoin › Investments In a recent interview, the managing director of Midas Consulting has predicted that the value of Bitcoin could reach $100k within the next 6 months Oluwapelumi Adejumo · August 27, 2021 at 8:00 pm UTC · 2 min read The managing director of investment advisory firm Midas Touch Consulting, Florian Grummes, has …
Continue reading “Fund manager pegs Bitcoin at $100,000 in 2022. But warns of sell-offs”
The chief strategy officer of digital asset manager CoinShares says that the surging non-fungible token (NFT) market is not a bubble. In a new tweetstorm, Meltem Demirors points to the scarcity of various NFT projects and Bitcoin as a potential key factor motivating investors. ADVERTISEMENT “Are NFTs a bubble? No. Wealth is a bubble… …
Coinbase is partnering with German e-sports organization Berlin International Gaming (BIG) in an attempt to bring the worlds of gaming and crypto closer together. The crypto exchange will receive a brand and content rights package with BIG’s Counter-Strike: Global Offensive team. ADVERTISEMENT The partnership will also involve community events and digital activations, according an …
Continue reading “Coinbase Partners With E-Sports Organization To Bridge Gaming and Crypto”
Accelerate Financial Technologies is planning to match each investment in its pending Bitcoin exchange-traded fund with the planting of thousands of trees. According to a Friday report from Bloomberg, the Calgary-based investment services company has pledged to plant 3,450 trees for every $1 million CAD — roughly $792,000 at the time of publication — invested …
Continue reading “Canadian investment firm plans to plant trees matching buys in Bitcoin ETF”
Asset managers and companies currently hold over 6% of Bitcoin’s (BTC) circulating supply, according to Buy Bitcoin Worldwide. A breakdown of the data shows Bitcoin fund issuers and asset managers hold about 4% of Bitcoin’s supply, public companies account for nearly 1% and private companies own roughly 0.83% of the cryptocurrency’s supply. It’s clear that …
Continue reading “Price analysis 8/27: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, LUNA”
Bitcoin has thus far remained the largest crypto asset in terms of market capitalization since its launch in 2009. Given the thousands of other cryptocurrencies that have come into existence over the years, could any of them ever become larger than Bitcoin (BTC) in terms of market cap? “We are in the top half of …
Continue reading “Still too early to know if Bitcoin will remain top dog, Wall Street vet says”
As nonfungible token sales appear reanimated after a nearly two-month dry spell from their apex in May, a particular NFT application is gaining popularity more than ever: metaverses. Metaverses have gained their fair share of media attention lately, with big moves coming from companies like Facebook and Epic games. However, not everyone — even those …
Continue reading “Cointelegraph Consulting: Going down the Metaverse”
Brazilian Federal Police say they’ve recovered more than $27,600,000 in Bitcoin (BTC) following a series of alleged Ponzi schemes run by one company. A Rio de Janeiro-based company headquartered in the region of Lagos was allegedly operating a system of financial Ponzi schemes and used Bitcoin to steal from its victims. ADVERTISEMENT In a …
Continue reading “$27,600,000 in Bitcoin Seized by Brazilian Police in Ponzi Scheme Investigation”
A major consensus bug has affected more than half the Ethereum network’s nodes, causing those running older versions of Geth to split from the main network. According to Ethereum software developer Marius van der Wijden, an unknown individual or group exploited a vulnerability affecting earlier versions of Geth, one of Ethereum’s software clients. According to …
Continue reading “Bug in Ethereum client leads to split — EVM-compatible chains at risk”
The U.S. Securities and Exchange Commission has reportedly signed a $125,000 deal with blockchain analytics firm AnChain.AI to help monitor and regulate the decentralized finance industry. According to a Friday report from Forbes, an AnChain.AI company spokesperson confirmed the agreement with the federal regulator, saying the SEC and blockchain firm had the option to sign …
Continue reading “SEC reportedly contracts blockchain analytics firm to monitor DeFi industry”
Solana (SOL) prices printed another milestone of nearly $85 high on Aug. 27 as traders assessed a flurry of optimistic fundamentals, including Solana’s potential foray into Wall Street. On Aug. 24, digital asset management firm Osprey Funds registered a first-of-its-kind Solana fund with the U.S. Securities and Exchange Commission (SEC). In doing so, the New …
Bitcoin (BTC) gained almost $1,500 in under an hour on Aug. 26 after an “uber dovish” speech by Federal Reserve Chair, Jerome Powell. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price action charges upwards Speaking at the virtual Jackson Hole annual symposium, Powell hinted that the Fed would begin to reduce its asset purchases …
The Middle East and North Africa regions are relatively new to discovering crypto trading and blockchain technology, but adoption is underway. It seems that the adoption of these technologies by companies and the public in both the Middle East and North African regions is growing exponentially, especially with the acceptance of digital money trading and …
Continue reading “The 4 Most Popular Crypto Exchanges In The Middle East”
