Gains in cryptocurrencies slowed down on hump-day, as bitcoin and ethereum prices hit resistance levels. ETH fell below the $3,000 level, with BTC falling below its long-term ceiling of $42,500 during today’s session. Bitcoin The global crypto market cap was 0.69% lower as of writing, as gains in BTC eased on Wednesday, and prices encountered …
Tag archives: Bitcoin
Salvadoran Bitcoin Bonds Might Be Issued by State Geothermal Company La Geo, Delays Possible
The treasury minister of El Salvador, Alejandro Zelaya, has informed about the future of the issuance of the bitcoin bonds and the possibility of these being issued by La Geo, the national geothermal power company. Zelaya also referred to the day of issuance of these instruments, hinting at a possible delay that would see the …
What does Ethereum Improvement Proposal (EIP) 4844 bring to the table?
Last week, Ethereum co-founder Vitalik Buterin tweeted a technical FAQ for EIP-4844 – also known as “proto-danksharding.” In short, this proposal will initiate a more efficient way to organize data logistics to support high transaction throughput. It could be thought of as a way to scale data availability. In theory, this should keep a handle …
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Argentines prefer “play-to-earn” crypto games over normal jobs amid record inflation
Argentina’s struggle with inflation is causing people to turn to “play-to-earn” crypto games as record inflation is driving down the value of fiat salaries. The country, which is South America’s second-largest economy, is now ranked fifth around the world in terms of users on so-called “play-to-earn” crypto gaming platforms. Argentina-based visits to Decentral Games, which …
Wex Exchange Co-Owner Reportedly Detained in Russia
Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the detained person is one of the owners of Wex, successor of the infamous BTC-e exchange. Owner of Wex Exchange Apprehended in Russia Russian law enforcement agencies have …
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Bitcoin․com to Launch Utility and Rewards Token
press release The Bitcoin.com Team is excited to announce Verse, a rewards and utility token for the Bitcoin.com ecosystem. Since 2015, Bitcoin.com has served as a reliable gateway to Bitcoin and beyond, providing timely and objective news content and educational materials, the most secure and easy-to-use non-custodial multicoin wallet, accessible bridges between fiat and crypto, …
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Crypto.com Chosen as an Official FIFA World Cup Sponsor
On Tuesday, the international governing body of association football, FIFA, announced the exchange Crypto.com will be an official sponsor of the FIFA World Cup Qatar 2022 tournament. According to the announcement, the digital currency trading platform will “activate its official sponsorship” during the tournament “in many ways.” FIFA Chooses Digital Asset Exchange Crypto.com as an …
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Japanese Cryptocurrency Exchange Coincheck to Go Public on Nasdaq in $1.25 Billion Deal
A major crypto exchange in Japan is going public in the U.S. in a $1.25 billion merger deal. Coincheck is regulated by the Financial Sevices Agency (FSA). It will be listed on Nasdaq under the symbol “CNCK.” Japanese Crypto Exchange Coincheck to List on Nasdaq Japanese cryptocurrency exchange Coincheck revealed Tuesday its plan to go …
Qantas announces NFT collection and becomes the second airline offering NFTs
Australian airline provider Qantas recently announced that they were planning an NFT drop to their frequent flyers. This is not surprising as NFTs have spread to fields other than art, such as music or even Instagram. As exciting as it sounds, Qantas wasn’t the first airline company that stepped into NFTs. AirBaltic Latvian airline AirBaltic released …
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Honduras signals intent to follow neighboring El Salvador in making Bitcoin legal tender
Honduras may be the next country to adopt Bitcoin as legal tender – a move that would rock the legacy establishment. Bitcoin-bull Max Keiser initially floated rumors of this happening in a tweet posted last Friday. It read “It’s happening..,” accompanied by a picture of the Honduras flag. According to Bitcoin LightningNetwork+, the President of …
Paris Saint-Germain Soccer Club Files Trademark Application to Get Into the Metaverse and NFTs
The PSG (Paris Saint-Germain) FC, a soccer club in Europe, has taken its first steps to building an online presence in the metaverse. The club has filed a series of trademark applications to register its name in order to offer a number of services, including software, memorabilia, and articles linked to non-fungible tokens (NFTs) for …
BitYard Officially Partners With Mercuryo to Enhance Crypto Payment Solutions
press release PRESS RELEASE. Mercuryo is an international fintech company based in London founded in 2018, focused on providing cryptocurrency payment solutions. The company’s cryptocurrency infrastructure provides global access to fast and cheap money transfers with a bank-level oversight and it’s mission is to reinvent the ease of making digital transactions. Features Of Mercuryo: Integrated …
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DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CEO on Cryptocurrency and Regulation DBS Bank Group CEO Piyush Gupta talked about cryptocurrency and its regulation at the recent Economic …
ECB Chief: Cryptocurrencies Are ‘Certainly’ Being Used to Circumvent Russian Sanctions
The European Central Bank (ECB) warns cryptocurrencies are being used to evade sanctions by Russians. ECB President Christine Lagarde warns crypto firms against becoming “accomplices” in the crime. ECB President Lagarde Is Certain About Crypto Being Used to Evade Russian Sanctions Christine Lagarde, president of the European Central Bank (ECB), said Tuesday at the Bank …
4 reasons why Ethereum is surging as the price climbs over $3,000
The macroeconomic and geopolitical environment surrounding crypto and the whole global economy has had its impact on the price action of cryptocurrencies in general, with the war in Ukraine as the overarching geopolitical disaster moving energy and commodities prices to dangerously high levels. However, In the United States, the Federal Reserve’s FOMC (Federal Open Market …
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