Movie theater giant AMC is finally accepting Bitcoin (BTC), Ethereum (ETH) and other cryptos as forms of payment after months of anticipation. AMC CEO Adam Aron took to Twitter this morning to announce the news. Big newsflash! As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please… Bitcoin, …
Yearly archives: 2021
Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0
The proof-of-work (PoW) consensus model is the mechanism that kicked off the revolution that launched Bitcoin (BTC) in 2009 and it was the model of choice behind many of the popular projects in the early fledgling years of the crypto ecosystem. As time progressed, other consensus models like proof-of-stake (PoS) rose in popularity, especially as …
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MyEtherWallet allows users to mint Ethereum blocks as NFTs
MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users via the MyEtherWallet website. A number of blocks have already been …
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Wealth flex? Coinbase now allows users to share their crypto allocations
All of United States-based crypto exchange Coinbase’s roughly 68 million verified users can now more easily make information on their portfolio public. In a Coinbase blog post on Friday, senior product manager Rishav Mukherji said the crypto exchange’s app now includes a feature that shares a user’s allocation percentage — not balances — to their …
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Look out below! Dogecoin risks further downside after a key support is tested
Dogecoin (DOGE) is potentially at risk of losing critical support if the price falls from the ascending channel traded in for the last 53 days. Although technical analysis is not an exact science, a daily close below $0.26 will likely invalidate the current movement. DOGE/USD price at FTX. Source: TradingView Aside from the Bitcoin (BTC)-driven …
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Bitcoin Price Prediction: BTC/USD Turns Bearish as Price Drops to $62,300
Bitcoin Price Prediction – November 12 The Bitcoin price keeps extending the bearish movement to the areas below the support level of $63,000 in order to sustain gains above $65,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $70,000, $72,000, $74,000 Support Levels: $59,000, $57,000, $55,000 BTCUSD – Daily Chart Buy Bitcoin Now …
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Discord cancels its Ethereum plans days after ETH tease
Popular social media platform, Discord, appears to have shelved its plans of integrating Ethereum and non-fungible tokens into its platform after facing a throng of backlash from community members who were unhappy with this new development. Discords debunks Ethereum speculation Jason Citron, the CEO and co-founder of the big shot social media platform revealed via …
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Chia Network will help Costa Rica track climate change
The Costa Rican government yesterday assigned Chia Network to monitor activities of climate change in the region. Chia Network and Costa Rica sign climate change pact According to a memorandum of understanding signed by the blockchain and smart transaction company and the Central American country, the Bram Cohen-led company will offer technical services to the …
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Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered one of the largest changes the protocol has seen …
ADALend: Announcing Imminent Cross-Platform Development
sponsored ADALend, currently in the process of developing a decentralized financing (DeFi) project has just announced its plans to start the development of its cross-platform integrations very soon. The cross-platform integrations will simplify and allow access to decentralized financial services by a larger segment of users around the globe. ADALend’s GM, Javed Khattak, has earlier …
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SEC Rejects Vaneck Bitcoin Spot Market ETF Over Price Manipulation Concerns
On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.” SEC Turns Down Spot Market ETF – US Regulator Believes There Should be More Manipulation …
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Will Coinbase Launch Its Own Altcoin? CEO Brian Armstrong Details Crypto Giant’s Push To Boost Blockchain Industry
Coinbase CEO Brian Armstrong is pulling back the curtain after years of speculation over whether the US-based crypto giant will launch its own altcoin. In a new interview with Bankless, Armstrong details his thoughts on Binance and its custom blockchain known as Binance Smart Chain (BSC). Binance launched BSC in September of 2020 and made …
Top Crypto Trader Analyzes Bitcoin and Ethereum, Outlines What Could Come After Corrective Move
Cryptocurrency analyst Michaël van de Poppe says that Bitcoin (BTC) could experience another corrective move before appreciating. Van de Poppe tells his 143,000 YouTube subscribers that Bitcoin’s price action is exhibiting a “potential rising wedge,” which could later trigger a downward move before another rally ensues. “The price action right now, looking at the daily …
Miami Residents To Receive Bitcoin Dividends From City’s Crypto Project, Says Mayor
Miami Mayor Francisco Suarez is announcing brand new benefits coming to holders of the city’s MiamiCoin (MIA). In an interview on CoinDesk TV, Suarez explains how he plans on developing digital wallets for users to receive Bitcoin (BTC) payments derived from the city’s MiamiCoin project. Users will have the ability to stake their MIA and …
Indonesian Religious Council Forbids Muslims From Using Crypto As Currency: Report
Despite cryptocurrencies’ wide reach across the continent of Asia, Muslims in Indonesia are reportedly being forbidden by the country’s religious leaders from using crypto as a form of currency. The National Ulema Council, or MUI, declared cryptocurrency as “haram, or banned,” on Thursday, according to head of religious decrees Asrorun Niam Sholeh. He says that …