“Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market,” the CEO said. Square Inc., the mobile payments company behind the popular Cash App, is strongly considering developing an open-source Bitcoin (BTC) wallet, signaling continued conviction in the future of digital currency payments. …
Continue reading “Jack Dorsey outlines Square’s tentative plans for Bitcoin hardware wallet”
The U.S. dollar index recorded its best daily performance in almost nine months just as the BTC/USD exchange rate fell following Elon Musk’s cryptic tweet. Bitcoin (BTC) prices fell by almost 5% on June 4, continuing the decline into the Friday session as investors grappled with Elon Musk’s cryptic tweets on the cryptocurrency, raising speculation …
A decade to hyperbitcoinization is “most likely,” says Kraken executive Dan Held, a forecast echoed by Unchained Capital’s Parker Lewis. Bitcoin (BTC) may be just 10 years away from seeing mass adoption in an event known as “hyperbitcoinization.” That’s according to participants of the Bitcoin 2021 conference in Miami, who on June 4 delivered surprisingly optimistic …
Continue reading “Bitcoin bulls give ‘conservative’ 10-year estimate for hyperbitcoinization to hit”
Jay is the Bitcoin OG who created a meme by buying a Lamborghini with the cryptocurrency. He went from a poverty-level existence to enjoying a well-off lifestyle in a gated community thanks to mining Bitcoin in the early days but not without having to worry for his familys safety. As BTC first broke the $1,000 …
Continue reading “We tracked down the original Bitcoin Lambo guy”
Top Russian bankers cite their reasons for not liking Bitcoin after Tinkoff’s CEO said that the central bank was stopping it from offering crypto trading services. Sberbank and VTB, the two biggest banks in Russia, are not willing to move into the cryptocurrency market in the near future as their CEOs believe that crypto is …
Continue reading “CEOs of top Russian banks Sberbank and VTB blast Bitcoin”
The Bitcoin 2021 main conference day is kicking off today, featuring mayor Francis Suarez, Twitter CEO Jack Dorsey, MicroStrategy CEO Michael Saylor and many others. Bitcoin 2021, the biggest Bitcoin event in history with a sold-out crowd of at least 12,000 attendees in Miami, is kicking off with some of the world’s biggest industry players. …
Continue reading “‘Largest Bitcoin event in history’ Bitcoin 2021 kicks off in Miami”
The Bitcoin Water Trust currently has collected more than 12 BTC so far, representing a cumulative value of $468,000 at today’s prices. Charity: water, a New York-based nonprofit with a mandate to bring clean and safe driving water to developing countries, has begun accepting Bitcoin (BTC) donations through a dedicated cryptocurrency fund — a move …
Continue reading “Clean-water nonprofit launches celebrity-funded Bitcoin Water Trust”
The Reserve Bank of India’s ban on banks’ dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies. Its infamous circular directing banks to cease servicing crypto firms may have been overturned in the courts but India’s central bank is showing no signs of softening …
Continue reading “Indian central bank remains anti-crypto, affirming ‘no change’ in its stance”
The token emerged as one of the top performers in the cryptocurrency market even as traders mass-dumped other assets. FIL, the native crypto asset of the Filecoin network, was among the best performing digital assets Friday as it maintained its gains against a very bearish cryptocurrency market. The FIL/USD reached an intraday high of $102.109 …
Continue reading “Filecoin ignores Elon Musk’s Bitcoin FUD as FIL price rockets by 17%”
Dogecoin’s listing on Coinbase and subsequent 40% price surge heralded the return of the whales. Some of Dogecoin’s (DOGE) observable metrics depict a blockchain in violent flux amid the fallout from the meme coin’s Coinbase Pro listing. The dollar amount sent across the blockchain in a single day exceeded $47 billion on Thursday — a …
Continue reading “Feast or famine on Dogecoin as Coinbase pump triggers whales’ return”
The inability to satisfy Anti-Money Laundering standards set by regulators in the United Kingdom is reportedly forcing many crypto companies out of business. Strict Anti-Money Laundering laws in the United Kingdom appear to be constituting a major operational hurdle for crypto firms in the country. According to the U.K. Financial Conduct Authority (FCA), several crypto …
Continue reading “51 crypto firms withdraw licensing applications in the UK”
Elon Musk continues playing with the crypto Twitter, causing more rage in the community. Tesla CEO Elon Musk has brought more stress to the cryptocurrency markets by posting another series of cryptocurrency-related tweets on Thursday. Bitcoin lost around $2,000 in a matter of hours after Musk took to Twitter to post about Bitcoin (BTC) again. …
Continue reading “Bitcoin price slumps $2K on Musk’s ‘in the end’ tweets”
Sotheby’s has revealed the world’s first “intelligent” NFT, Playboy is auctioning off a tokenized boarding pass to the “bunny jet”, and Olympic-themed NFT collectibles are dropping this month. Playboy, the lifestyle and entertainment brand famous for its distinctive logo — among other things, has launched its first collection of five animated NFTs, on a new …
Continue reading “Nifty News: Olympic NFT pins and games, world’s first intelligent NFT and more”
VeChain has partnered with top Shanghai-based Renji Hospital to launch MyBaby, a blockchain-based service that tracks IVF progress. Enterprise blockchain VeChain, in partnership with Shanghai’s Renji Hospital, has announced the launch of a smart medical care project dubbed “MyBaby” — a blockchain-based In-Vitro fertilization (IVF) service application. The project also includes collaboration with Vechain partner …
Continue reading “Oh baby! Tracking IVF progress on the blockchain”
Bitcoin maxis went to town on Greenspan after he called it a ‘crypto conference’. The Miami Bitcoin 2021 conference officially kicks off on June 4 and with it has resurfaced controversy over crypto tribalism involving some of the industry’s leading figures. Organizers expect attendance exceeding 50,000 for the Mana Wynwood Convention Center hosted conference. Among …
Continue reading “It’s Mati Greenspan versus the Maxis at ‘Shitshow’ 2021”
