El Salvador’s congress has approved the adoption of bitcoin as legal tender. It will likely take 90 days before the new system is up and running but it is big news as far as bitcoin’s original use case as a means of payment goes. Bitcoin has jumped 16% in the past 24 hours on the …
Continue reading “El Salvador In Vanguard of Latin American Bitcoin Adoption – Buy BTC Now?”
The firm aims to let U.S. investors get exposure to crypto through a private fund tracking the Nasdaq Crypto Index. Investment firm Victory Capital Management announced it would be taking steps for its U.S.-based investors to get exposure to the crypto market. In a Wednesday announcement, Victory Capital said it would be the exclusive sponsor …
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Economists expect the annual Consumer Price Index (CPI) to climb to 4.7%. Bitcoin (BTC) price reclaimed $36,000 heading into the New York session Wednesday as investors awaited fresh data on inflation in May and El Salvador approved a bill that made cryptocurrencies a legal tender in the country. Bull-market bottom? The benchmark cryptocurrency surged 9.86% …
Continue reading “Can a rising CPI boost Bitcoin? 3 reasons BTC price is rebounding above $36K”
“The fundamental goal of this collaboration is to enable granular control over data and to reduce the reliance on centralized systems that take advantage of data,” said Humayun Sheikh, CEO of Fetch.ai. Artificial intelligence research lab Fetch.ai has partnered with blockchain network Iota to enable a “controlled data sharing environment” for connected devices, setting the …
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El Salvador accepting Bitcoin as legal tender is now forever etched on the blockchain as mining pool Poolin adds a newspaper headline to block 686,938. As is par for the course for Bitcoin (BTC), El Salvador becoming the first nation-state to adopt the cryptocurrency as legal tender is now immortalized on the blockchain. Data from …
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TFUEL Fuel price can’t stop climbing. Even as the broader crypto market has seen negative price action, Theta Fuel or TFUEL surges 15.40% to $0.6619 on the 24hr trading chart. THETA’s governance token THETA has also risen 4.64% to $9.36, rallying from $8.05 on the 24hr trading chart. On the announcement of its mainnet launch, …
Continue reading “TFUEL Price 26% Higher at $0.66 – Why It’s Not Too Late to Buy Theta Fuel”
Ethereum’s average gas fee has dropped to levels last seen in mid-2020 It now costs roughly 26.9 GWEI to complete an Ethereum transaction Ethereum’s daily transaction count has also dropped to mid-2020 levels Ethereum miner revenue has also reached a 3 month low All these metrics point towards a drop in network activity on Ethereum …
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An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly concentrated region of bitcoin miners and bitcoin activities at the park must cease by June 9, according to the document. Nevertheless, …
Two months after the mystery mining whale from 2010 transferred a string of 20 block rewards with 1,000 bitcoin on March 23, it seemed as though the entity was finished, after spending 10,000 bitcoin total. However, it took 78 days for the whale’s next move, as another 20 blocks from 2010 were transferred on Wednesday …
Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios. Hong Kong Residents to Load E-CNY Wallets via Mobile Phones China …
One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction the digitally represented items on Binance’s non-fungible token (NFT) marketplace. Uganda …
We reveal the 3 cryptocurrencies to buy that showed striking outperformance in yesterday’s (Tuesday 8th June) bearish market action. The cryptocurrency industry has suffered some significant setbacks, especially since May’s market downturn. Market prices are still struggling to climb their way back, and anyone trying to invest in crypto might be having second guesses. Several …
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Litecoin Fluctuates in Range Zones – June 9The LTC/USD worth now fluctuates in range zones of $200 and $150 after making a failing attempt to push down past the lower range value of the market. The crypto market’s price is now seen trading around the level of $158 not being too far from the lower …
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A paradigm shift that will transform the digital economy: It is the internet itself that offers the services, not a few private operators. The time has come to fight against the dominance of the internet giants. In Europe, various regulations have been announced that aim to force these giants to respect more healthy rules of …
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The odds are on for a continuation to $40,000, Mike McGlone argues, but not everyone is so sure. Bitcoin (BTC) is “more likely” to hit $40,000 than $20,000, Bloomberg argues, as the largest cryptocurrency gains 6% in a day. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView McGlone eyes “enduring bull market bottom” Data from Cointelegraph …
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