MicroStrategy CEO Michael Saylor thinks that Bitcoin is more like digital property than digital currency. He was speaking on the July 15 edition of the “Coin Stories” podcast with host Natalie Brunell. Asked if he thought that Bitcoin was a threat to the U.S. dollar Saylor replied: “I would call it a digital property, it’s …
Continue reading “Michael Saylor doesn’t think Bitcoin is ‘going to be currency in the US ever’”
The Crazy Horse 3 gentlemen’s club has announced it has become the first major entertainment venue in Las Vegas to accept Bitcoin using the Lightning Network. The nightspot will implement the layer two Bitcoin scaling solution enabling punters to make payments in a flash. It has integrated BTC payment processor OpenNode which will initially allow …
Continue reading “Payments in a flash: Strip club in Las Vegas now accepts Lightning”
Digital asset-focused Swiss Bank, Sygnum, has teamed up with art investment firm Artemundi to offer fractionalized ownership shares in a Pablo Picasso painting for $6,000 each. Shares representing ownership over $3.68 million Picasso painting, “Fillette au béret,” will be tokenized and issued via blockchain technology, allowing a wide variety of investors to gain exposure to …
Continue reading “Master-pieces: Swiss bank issuing NFT shares in Picasso painting for $6K each”
San-Francisco-based fintech firm Ripple has notched up another small victory in its ongoing battle with the U.S. Securities and Exchange Commission. U.S. District Court Judge Sarah Netburn has denied the SEC’s motion to suppress the deposition of the former director of the SEC’s Division of Corporation Finance, William Hinman, in a ruling in New York …
Continue reading “Judge allows Ripple to depose SEC official who decided ETH is not a security”
Congressman Carlos Rejala and Senator Fernando Silva Facetti presented their final version of the long announced and anticipated crypto regulation initiative before the National Congress of Paraguay. In line with the national legislator’s earlier statement, the proposal doesn’t attempt to win another legal tender status for Bitcoin (BTC) but provides a legal framework for cryptocurrency …
Continue reading “Here are the details of Paraguay’s “Bitcoin Law” proposal”
Earlier this week, CryptoSlate reported on concerning feedback as $10 million in Uniswap (UNI) tokens got sold shortly after the team behind the Decentralized Finance (DeFi) Education Fund (DEF), supported by the leading decentralized exchange (DEX), earned approval for a $20 million grant. The organization defended its position in the recent surprise sale of 500,000 …
Continue reading “Uniswap-backed fund defends recent UNI token sale”
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek to help African blockchain start-ups. Funding for Successful Applicants According to a Swissinfo report, …
Former U.S. Treasury Secretary Steven Mnuchin says his viewpoint on bitcoin “has evolved a little bit.” While he personally does not want to have bitcoin in his portfolio, he says if people want to buy the cryptocurrency, “that’s perfectly fine.” Mnuchin Says It’s ‘Perfectly Fine’ if People Want To Buy Bitcoin Former Treasury Secretary Steven …
Continue reading “Former US Treasury Secretary Mnuchin Says His View on Bitcoin ‘Has Evolved’”
Award-winning director Spike Lee has teamed up with bitcoin ATM operator Coin Cloud on a multimillion-dollar crypto campaign. “Digital currency is viable for not just people of color, but anybody who has been historically excluded from traditional financial systems,” said the famed director. Spike Lee Directs Short Film for Bitcoin Company Coin Cloud, a digital …
Payments giant Paypal has increased its weekly purchase limit for cryptocurrencies and has removed the annual limit altogether. The company said, “These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.” Paypal Increases Buy Limit for Cryptocurrencies Paypal Inc. announced Thursday that it has increased purchase limits …
Continue reading “Paypal Raises Weekly Cryptocurrency Purchase Limit to $100K, Removes Annual Limit”
Popular cross-chain decentralized exchange, ThorChain, has suffered a multimillion-dollar breach. Estimates as to the scale of the damage vary, with ThorChain revising the initial estimate that 13,000 ETH (worth $25.1 million) had been stolen down to 4,000 ETH (roughly $7.6 million) as a ballpark for damages. At this stage the estimate is around ~4000 ETH …
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It has now been two months since the crypto crackdown and subsequent enforcement began. Most new stories are now just the trickling down …
Trading in the direction of the trend is one of the best ways to be profitable. If traders learn to spot a new trend early, it provides an opportunity to buy with a good risk to reward ratio. In addition to identifying a trend, traders should also be able to recognize when it has reversed …
Continue reading “Here’s 2 ways clever pro traders spot crypto and stock price reversals”
Popular crypto trader Elliot Wainman thinks one type of blockchain project will serve as the vehicle that brings crypto to the masses. Wainman tells his 342,000 YouTube followers that market movements indicate blockchain gaming projects are the decisive frontrunners of widespread crypto adoption. ADVERTISEMENT “Games are the only thing that I see as truly …
Square CEO Jack Dorsey has stated that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin. Dorsey made the announcement via Twitter earlier today, and revealed that Square’s new division will be building an “open developer platform with the sole goal of making it easy to …
Continue reading “DeFi on Bitcoin: Jack Dorsey launches new Square division to make it ‘easy’”
