Bitcoin (BTC) starts a new week fresh from its first attempt to crack $50,000 in over a month — what’s in store next? After an encouraging weekend, BTC/USD faces an increasingly bullish macro climate and a host of expectations from analysts who demand that October changes the game. Q4, they say, should be unlike anything …
Category archives: Trending Crypto news
El Salvador introduces fuel subsidy of $0.20 per gallon to locals who pay in BTC
Salvadoran president Nayib Bukele has announced that local consumers can enjoy a $0.20 per gallon reduction in petrol prices when paying using the government-backed Bitcoin wallet, Chivo. Describing the news as “positive news for the pockets of Salvadorans,” the president announced the subsidy via Twitter on Sept. 30. According to a rough translation, Bukele stated: …
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Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix
Major DeFi money market Compound’s woes are worsening, with nearly $150 million worth of COMP now at risk due to a buggy upgrade to the protocol that went live last week. On Sept. 30, Cointelegraph reported that a bug had resulted in between $70 million and $85 million worth of COMP tokens being mistakenly offered …
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Umbrella Network Announces New Launch: Decentralized Oracles On Ethereum Mainnet
Umbrella Network, the decentralized Layer-2 oracle solution, has officially launched on Ethereum Mainnet. The company made this announcement on its blog on Friday. Umbrella Network is a community-owned Layer-2 oracle network that batches data for providing low-cost, scalable, and secure data. It utilizes the advances in Merkle tree technology to write multiple data points on a single on-chain …
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Here’s the Biggest Risk to Bitcoin, According to Crypto Veteran Anthony Pompliano
Crypto veteran and Morgan Creek Digital co-founder Anthony Pompliano is naming what he thinks is the biggest risk to Bitcoin (BTC). In a new episode of The Best Business Show, the Bitcoin bull lays down his hypothetical long-term bear case for the leading cryptocurrency. ADVERTISEMENT “Unlike what the Bitcoin proponents believe, Bitcoin won’t cross …
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SEC Pushes Back Deadlines on Four Bitcoin ETF Applications to Later This Year
The U.S. Securities and Exchange Commission (SEC) is pushing back the deadline to decide on four Bitcoin (BTC) exchange-traded fund (ETF) applications currently awaiting approval. The regulator says it needs additional time to look into a proposed rule change that will allow the Nasdaq Stock Market to list and trade shares of the Global X, …
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Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS
The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks out and sustains above the psychologically critical level at $50,000. One important event that …
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Crypto Giant Grayscale Adds Solana and Uniswap to Digital Large Cap Fund Amid Quarterly Rebalance
Digital asset giant Grayscale is adding smart contract platform Solana (SOL) and decentralized exchange Uniswap (UNI) to one of its crypto investment products. In a new press release, Grayscale says it added SOL and UNI to its Digital Large Cap Fund amid a quarterly rebalancing of crypto assets. ADVERTISEMENT The crypto asset manager, which …
President Biden Is Building a Coalition of 30 Countries To Address Cyber Crime, Including Illicit Use of Cryptocurrencies
President Joe Biden says the United States is creating a union of nations to combat digital crimes, including the malicious use of cryptocurrencies. According to a statement released by the White House, Biden says the US will join forces with 30 other countries, including allies from the North Atlantic Treaty Organization (NATO) and Group of …
Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs
On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that prompted many traders on crypto Twitter to call for the top-ranked digital asset to knock down the psychological resistance at $50,000. Data from Cointelegraph Markets Pro and TradingView shows that after trading in a range …
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Money in 2030: A future where DeFi and CBDCs can work together
Decentralized finance (DeFi) is changing the way that people all over the world think about money faster than any previous financial revolution. Banks, which have monopolized the way we’ve accessed money since antiquity, are finally seeing their status being challenged. Now, it’s DeFi which is starting to provide an alternative that could turn the economic …
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Shark Tank Veteran Kevin O’Leary Says His Crypto Exposure Is Now Larger Than Gold – Here’s Why
Shark Tank star and investor Kevin O’Leary says his portfolio contains more cryptocurrency than gold for the first time. In a new interview with Daniella Cambone on Stansberry Research, the business magnate says that while he doesn’t intend on selling all his gold right away, he sees a lot of opportunity in the crypto space …
Top Crypto Analyst Says Ethereum One Resistance Away From Potentially Hitting $5,000, Plots Bullish Price Path for Bitcoin
A top crypto strategist and trader is bullish on both Ethereum and Bitcoin as he sees the two largest crypto assets igniting rallies in the coming days. In a new strategy session, the trader known in the industry as Cred predicts that Ethereum will break its resistance at $4,000 en route to a new all-time …
Beyond Bitcoin: The future of digital assets is bigger than the first crypto
While change is guaranteed, the scale and scope of that change are not. For the financial industry, blockchain — the technology that undergirds Bitcoin (BTC), Ether (ETH), nonfungible tokens (NFTs) and other digital assets — has brought us to the crossroads. What will the future of money look like? We have been operating on the …
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How to Buy Bitcoin (BTC) Online with a Visa Gift Card
Depositing funds to a gift card is possible only before its activation. Further replenishment of the card account is not possible. Let’s figure out how to buy Bitcoin with Visa Gift Card. Primary, you need to be convinced that the card has sufficient funds. The amount for the Gift Card is enough to buy the …
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