The miner who received over seven thousand Ethereum as an incorrectly paid transaction fee has returned (most of) the funds. In a tweet, decentralized crypto exchange wallet app DeversiFi thanked the miner at the heart of the storm for returning the money following Bitfinex’s embarrassing blunder. While some say the miner is a fool for …
Continue reading “Fat-fingered $22.5 million Ethereum gas fee returned to Bitfinex”
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments has exploded this year.” Major Retailers Will Soon Be Able to Accept Cryptocurrency …
While celebrities and athletes have been jumping into the non-fungible token (NFT) scene headfirst, a large quantity of music acts have also entered the NFT industry. On Tuesday, a lineup of world-famous DJs are being represented in a newly launched NFT collection called Djenerates. The NFT collection is supported by prominent DJs like Carl Cox, …
On Tuesday, the crypto firm FTX Trading Ltd, announced that the Green Bay Packers running back Aaron Jones has joined the company as an FTX Ambassador in a long-term partnership. The collaboration with the NFL player follows the firm’s partnership with seven-time Super Bowl winner Tom Brady and his wife Gisele Bündchen. FTX Inks Long-Term …
Michael Saylor isn’t concerned about China’s latest wave of Bitcoin and crypto bans. The MicroStrategy chief executive tells Bill Barhydt, the CEO of crypto wealth management firm Abra, in a new interview that he was an early shareholder in Google, Facebook, and Twitter. He says he didn’t let Chinese regulations bother him back then and …
Miami Mayor Francis Suarez says his city is taking the next step in Bitcoin adoption by exploring how to accept BTC for tax payments. In a new interview on The Best Business Show with Anothony Pompliano, Suarez says that as Bitcoin emerges into the mainstream, holding BTC on Miami’s balance sheet seems like an increasingly …
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A senior economist at Deutsche Bank predicts Bitcoin (BTC) will remain “ultra-volatile” for the foreseeable future. Marion Laboure, who also works as a market strategist at the banking giant, says BTC could potentially become the 21st century gold down the road. At this point in time, Laboure says BTC’s high level of volatility keeps it …
The majority of institutional investors intend to gain exposure to digital assets for the first time within the next year, according to a new survey. In data shared with City A.M., digital asset manager Nickel Digital says that more than six in 10 institutional investors and wealth managers from the US, the UK, France, Germany, …
“Don’t fight the trend” is an old saying in the markets, and there are other variants of the phrase like “never catch a falling knife.” The bottom line is that traders should not try to anticipate trend reversals, or even worse, try to improve their average price while losing money. It really doesn’t matter whether …
Continue reading “Bears apply the pressure as Bitcoin price revisits the $41K ‘falling knife’ zone”
A filing from the United States Securities and Exchange Commission, or SEC, shows that BlackRock Financial Management has increased the number of its Bitcoin futures contracts since Q1 2021. According to a Tuesday filing with the SEC, the BlackRock Global Allocation Fund included 54 Bitcoin (BTC) futures contracts issued through the Chicago Mercantile Exchange as …
Continue reading “BlackRock SEC filings show company gained $369K from Bitcoin futures”
The Ethereum network’s long-planned upgrade to a scalable, proof-of-stake consensus model grows closer as developers set a date for the Altair upgrade. Altair, which is described as the first mainnet upgrade to the Beacon Chain, is scheduled to take place at epoch 74240, or roughly Oct. 27, according to Ethereum Foundation researcher Danny Ryan. Ryan …
Continue reading “ETH 2.0 moves closer to fruition as devs set Altair upgrade for October”
Technical analysis is a controversial topic, but higher lows are commonly interpreted as a sign of strength. On Sept. 28, Ether (ETH) might be 30% below its May 12 high of $4,380, but the current $3,050 price is 78% higher than the six-month low of $1,700. To understand whether this is a “glass half full” …
Continue reading “Signs of fear emerge as Ethereum price drops below $3,000 again”
Despite the market correction in the past two weeks, Ethereum (ETH) is displaying a few strong metrics that could be good news for long-term holders of the digital asset, according to crypto analytics firm Santiment. Santiment tells its 95,200 Twitter followers that the amount of Ethereum sitting on crypto exchanges has significantly declined in the …
Binance Charity, the first-ever blockchain-enabled transparent donation platform, leads the most ambitious NFT tree planting project to date, to plant 10 million trees worldwide. Tree Millions Alliance launches on September 28, 2021, led by Binance Charity. The initiative already has 17 crypto industry players confirmed to help with reforestation efforts and aims to have 100 …
Analysts at financial services giant JPMorgan are reportedly saying Ethereum’s popularity among investors is growing at the expense of Bitcoin futures. In a research note cited by Business Insider, JPMorgan analysts say large investors who typically use derivatives marketplace Chicago Mercantile Exchange (CME) are shifting away from Bitcoin futures and towards Ethereum futures. ADVERTISEMENT …
