A pro-football player is converting his endorsement earnings straight to Bitcoin (BTC). New York Giants star running back Saquon Barkley made the announcement on Bitcoin bull Anthony Pompliano’s podcast. Barkley says his concerns about fiat inflation prompted his decision to receive Bitcoin in place of cash. “You see inflation and you see how high it …
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T.K.O Summit 2021 will be held on July 24, 2021 for approximately five full hours by presenting global crypto projects such as Binance, CoinGecko, Kardiachain, KryptoGo, Tomochain and many more. The multimillion-dollar question now is – what’s next for digital currencies? The answer will be found in Asia. The likely outcome in Asia is that the …
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New numbers from cryptocurrency data firm Messari show the Ethereum network settled $2.5 trillion in transactions in the second quarter of 2021. Messari senior research analyst Ryan Watkin says the number suggests that the blockchain is now on track to hit $8 trillion in transactions by the end of the year. ADVERTISEMENT “In Q2 …
IOHK, the blockchain development team behind Cardano, announced on July 15 that the project’s Alonzo test net had officially transitioned from Blue to White, bringing with it the ecosystem’s long anticipated expansion to functional smart contracts. HARD FORK SUCCESSFUL: Delighted to report around 19.44 UTC today we successfully forked the #Alonzo testnet to the new …
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Authorities in Malaysia destroyed more than $1.2 million worth of Bitcoin mining rigs after they were confiscated for operating illegally. In a video posted today from local news outlet DayakDaily, police in the city of Miri on the island of Borneo and the Sarawak Energy company arranged for a steamroller to run over 1,069 Bitcoin …
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Bitcoin (BTC) is witnessing a tough battle between the bulls and the bears near $31,000, which makes it an important level to watch out for. Data from Glassnode shows that the $31,000 to $34,300 zone has seen strong interest from buyers and sellers as 9.93% of the Bitcoin supply has moved in this zone. The …
Continue reading “Price analysis 7/16: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC”
Damien Hirst, a contemporary artist known around the world, talked about similarities and differences between artwork and fiat currency as he prepared to drop 10,000 NFTs tied to his physical paintings. Speaking with Cointelegraph’s Andrew Thurman at his London studio in May, Hirst answered questions in a magic 8-ball fashion, by opening up one of …
Cryptocurrency analyst Jason Pizzino is outlining his expectations for Cardano (ADA) in the second half of the year. Pizzino says the charts show “buyers are running away” from ADA, and the asset’s technicals are not looking good in the short term. ADVERTISEMENT Pizzino believes ADA could drop below $1 in the weeks and months …
July 16, 2021 – Victoria, Seychelles KCC, a new generation of public chain, has officially launched its cross-chain bridge, the KCC Bridge. It provides bridging services to the KCC public chain by allowing native tokens on other chains to interchangeably transact and circulate on KCC. The KCC Bridge will first support stablecoins such as USDT and …
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The decentralized application aiming to connect Facebook’s Diem blockchain with public networks is partnering with node infrastructure provider Pinknode. In a Friday announcement, the Pontem Network said it would be working with Pinknode to provide node infrastructure through the Polkadot ecosystem. The network is aimed at allowing developers to use a Polkadot parachain as a …
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Dollar traders have kept a close eye on a potentially bullish “inverse head-and-shoulders” pattern building in the U.S. dollar index (DXY) chart. Meanwhile, the smell of a stronger greenback is weakening Bitcoin’s (BTC) upside case, especially as the flagship cryptocurrency struggles to break out of its current $30,000-35,000 trading range. Three troughs, one price ceiling …
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Bitcoin (BTC) passed $32,000 later on July 16 as positive reactions over Bank of America’s (BoA) Bitcoin futures go-ahead continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin nears $32,300 point of interest Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising 1.4% on the day to hit new local highs of $32,150 on Bitstamp. …
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A major cryptocurrency and blockchain association in Russia is launching a project to bring global crypto mining operations to the country amid a Chinese crypto mining crackdown. The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain, or RACIB, announced an initiative aimed at transferring global computing resources for crypto mining to the Russian Federation. More …
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The US Securities and Exchange Commission (SEC) is delaying its decision on WisdomTree’s application for a Bitcoin exchange-traded fund. Founded in 2006, WisdomTree Investments is a New-York based exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager. ADVERTISEMENT The investment firm initially filed for an ETF in March of this year but …
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With the rise of various meme-coins over the last year or so, a whole host of decentralized exchanges (DEXs) have continued to emerge and accrue massive sums of liquidity seemingly overnight. As a result, a number of security firms have started to call into question over the recent weeks regarding the overall security and transparency …
Continue reading “Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors”
