The frontrunner in the New York City mayoral race seems to be a fan of Bitcoin. While giving a speech on the night of the Democratic primary election on June 22, mayoral candidate Eric Adams said he is going to make New York City “the center of Bitcoins.” ADVERTISEMENT “We’re going to be the …
Yearly archives: 2021
Bitcoin Whales Accumulating, Ethereum Whales Now Holding Record Levels of ETH: Santiment
Crypto intelligence platform Santiment reports that large Bitcoin holders are continuing to add to their positions despite the drastic fall in prices. Santiment says that Bitcoin whales who hold “between 100 and 10,000 BTC” started accumulating amid the price crash. ADVERTISEMENT “… the whale trend is continuing to be accumulating. Over the past couple …
Beeple Co-Founded WENEW To Build Its Carbon Negative NFT Platform for Iconic Moments on Polygon
June 25, 2021 – Singapore, Singapore Mike Winkelmann aka Beeple is an extremely talented digital artist, animator and art world disruptor, most famously known for being the first artist to have a digital piece sold via Christie’s famous auction house. Beeple has been a strong evangelist and supporter of NFTs, grassroots creators and collectors, helping …
Glassnode Spotlights 7 Crypto Projects, Says Wave of Innovation Underway Despite Market Downturn
Even as the crypto markets experience prolonged turbulence, the decentralized finance (DeFi) space appears to be alive and growing. In a new Glassnode insights report, the on-chain market intelligence firm says that despite an emerging trend in the sector, DeFi developers are still building and they’re building quickly. ADVERTISEMENT “Despite bearish on-chain activity, more …
Nigerian secondary school will accept crypto payments despite regulatory uncertainty
A private secondary school based near the Nigerian city of Kano has announced it will be accepting payments for school fees in cryptocurrency amid the country’s central bank banning financial institutions providing services to crypto exchanges. According to a Thursday report from local news outlet Kano Focus, the director of the New Oxford Science Academy …
Marvel reveals official NFTs will be available on VeVe marketplace by 2022
The VeVe virtual marketplace will soon have official nonfungible tokens and digital comic books from Marvel. In a Thursday announcement, Marvel Entertainment said it had partnered with Orbis Blockchain Technologies to release nonfungible tokens, or NFTs, and digital collectibles on the VeVe marketplace app starting later this year. According to the entertainment company, the NFTs will …
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Price analysis 6/25: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
Bitcoin (BTC) price remains jittery and throughout this week, every relief rally is being sold into. This is a classic bear market reaction and may not end in a hurry. However, the current price action should not worry investors because the longer the time spent in a bottoming formation, the stronger the base for the …
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Blockchain not suitable for CBDC, says Swiss national bank economist
Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), is not the right solution for a central bank digital currency, according to an economist at Switzerland’s central bank. Carlos Lenz, chief economist at the Swiss National Bank, argued that blockchain-based decentralization features are not efficient for a state-controlled digital currencies like a digital franc, German-language …
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Fundamental Change to Ethereum Will Place ‘Substantial Upward Pressure’ on Price of Second-Largest Crypto Asset: Analyst
A highly anticipated update that overhauls the controversial Ethereum fee market has launched on a testnet, and analysts are speculating on how the subsequent hard fork will impact ETH’s price. The update, EIP-1559, is designed to drastically restructure the fee mechanism of the ETH blockchain. It will introduce a standard fee that will be the …
‘Billion of users adopting Bitcoin? Maybe in ten years’, says Dan Held
Bitcoin has a good chance of becoming the world reserve currency, although we are “at least ten years away from that”, said Kraken’s head of growth Dan Held in an exclusive interview with Cointelegraph. According to Held, the transition to an “hyperbitcoinization” — a world where Bitcoin is adopted by billions users — starts with …
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Bitcoin, dollar plunge while S&P 500 rallies after US inflation hits 3-decade high
Bitcoin (BTC) and the U.S. dollar fell in tandem while the S&P 500 refreshed its record high at open on Friday as the Federal Reserve’s preferred inflation indicator surged to its highest levels in almost three decades. According to data shared by the US Bureau of Economic Analysis, the US Core Personal Consumption Expenditure (PCI) …
Opera announces support for Celo stablecoins in its crypto wallet app
According to a release issued on Friday, the inclusion of stablecoins is part of a broader integration with the Celo (CELO) network. Opera says the move will enable greater payment flexibility for millions of its users around the world. Celo’s stablecoins are tied to their respective fiat currency pegs with both cUSD and cEUR reportedly …
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Cointelegraph launches celebrity NFT charity campaign with Binance
Cointelegraph is delighted to announce a nonfungible token charity auction in partnership with the Rotary Foundation and the Binance cryptocurrency exchange. Binance will feature the celebrity-themed charity campaign on its newly launched NFT marketplace, aiming to generate donations supporting financial education for children and training for physicians coping with COVID-19 emergencies. The charity auction will …
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Bitcoin (BTC/USD) Rebounds at Critical Support Line
Bitcoin Price Prediction – June 23There had once again been a sharp decline in the market valuation of BTC/USD in the last few days’ sessions. The crypto’s value rebounds at a critical support line to now trade around the level of $34,130 at a rate of 5.11 percent. BTC/USD Market Key Levels:Resistance levels: $37,500, $42,500, …
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Tether (USDT) Now Has its Very Own Twitter Emoji
The stablecoin of Tether (USDT) now has its very own Twitter emoji Tether (USDT) joins Bitcoin, Tron, Binance Coin and Crypto.com Coin with the new feature The supply of Tether (USDT) is showing signs of entering a plateau phase as demand for stablecoins slows down with a weakened crypto market The stablecoin of Tether (USDT) …
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