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Crypto News

Soccer's Premier League Collaborates With Sorare, A Virtual Sports Gaming Company

The French fantasy sports gaming firm Sorare and the English Premier League have signed a four-year licensing agreement. With the help of licensed digital card players, fans of the English Premier League can create teams to compete in Sorare's online game. Also, Sorare's digital cards and creative online game represent a new way for [fans] to feel closer to the Premier League whether they are watching in the stadium or from around the world.

theblock - 1305 ngày trước

Kazakhstan's Parliament Passes Legislation Governing Cryptocurrency Exchange And Mining

A bill intended to control crypto use and related activities in Kazakhstan has been approved by the Senate of the Central Asian country. The country's crypto ecosystem can be established thanks to the new law On Digital Assets in the Republic of Kazakhstan. After considering the full package, members of the upper house of parliament decided to suggest a few changes to the Mazhilis, which had previously passed its own version of the legislation.

Bitcoin News - 1306 ngày trước

Study Finds That 82% Of Millionaires Seek Guidance On Cryptocurrencies

Despite the market having a challenging year in 2022, eight out of ten high net worth (HNW) individuals have questioned their financial advisors about incorporating cryptocurrencies, such as Bitcoin, into their portfolios over the last 12 months. A study conducted by financial advisory firm deVere Group found that 82% of clients with investable assets between £1 million and £5 million sought guidance on cryptocurrencies.

Finbold - 1306 ngày trước

Twitter Is Getting Ready For Digital Payments, May Include Bitcoin

Elon Musk's Twitter has started requesting regulatory licenses across the United States in an apparent effort to start accepting payments through the service. The Financial Times source claims that Musk has said he wants Twitter to accept fiat payments, adding Bitcoin to it. This would not be the first time Elon Musk's companies have made BTC transactions easier. The opportunity for Musk to take bitcoin for his Tesla electric automobiles was previously made available.

Bitcoin Magazine - 1306 ngày trước

Japanese Recruiting Firms Are Using Metaverse Technology During Hiring

The recruitment and job-search scene in Japan has now integrated the use of metaverse technology. At a metaverse job fair, which attracted over 2,000 students, attendees could interact with recruiters via virtual avatars and consider the pros and cons of each job opportunity. According to Asahi Shimbun reports, participants were free to raise sensitive issues pertaining to these employment offerings because of the anonymity provided by the metaverse.

Bitcoin News - 1306 ngày trước

Ethereum Added 130,000 New Unique Addresses Per Day In 2023

Prior to the Shanghai update in 2023, the Ethereum (ETH) network is currently displaying some promising signs as the data from Etherscan on January 30 shows that Ethereum added 129,869 new unique addresses each day in the first month of 2023. In fact, on January 1, 2023, there were 217,599,463 unique addresses for Ethereum. On January 29, 2023, there were 221,365,692 unique addresses, meaning and increase of 3,766,229 in that time.

Finbold - 1306 ngày trước

Brazilian Prepaid Crypto Card To Be Introduced By Mastercard And Binance

The Mastercard-powered Binance prepaid card is anticipated to offer cryptocurrency holders in Brazil a new degree of accessibility and convenience which is an interesting step for the global and Brazilian crypto ecosystem. Users of the Binance prepaid card will convert and use their crypto holdings just like they would with any other debit card and also have the freedom to select from multiple crypto that will be supported by the card.

BeInCrypto - 1306 ngày trước

The Digital Yuan Pilot Program In China Is Expanded To 17 New Provinces

With the launch of the central bank digital currency (CDBC) in 17 provinces, the People's Bank of China continues to extend the pilot program. The central bank will develop a system that enables users to only scan with one code. It has worked very hard to turn the digital yuan into a useful payment method. A CBDC is in line with China's current focus on digital payments. Over the past 18 months, the central bank has gradually increased the CBDC's reach and visibility.

BeInCrypto - 1306 ngày trước

Elon Musk Reaffirms Offer To Eat Happy Meal If McDonald's Accepts Dogecoin

Elon Musk, the CEO of Tesla, SpaceX, and Twitter, has reaffirmed his promise on eating a McDonald's Happy Meal on TV if the fast food chain accepts dogecoin. The billionaire's offer was tweeted on January 25, 2022 and McDonald's turned down his offer at the time. When Twitter user Dogedesigner questioned Musk if his offer was still open, the Tesla CEO expressed his continued commitment to his promise by responding with the 100 emojis.

Bitcoin News - 1307 ngày trước

Nigeria Sees A 60% Increase In Bitcoin Prices As The Nation Restricts ATM Withdrawals

Nigeria's price of Bitcoin has risen to levels much above those of the worldwide market as the country's central bank continues to encourage the use of digital currency by its people. Currently, 1 BTC costs 17.8 million naira ($38,792) on the Nigerian cryptocurrency market NairaEX. Over the price of Bitcoin on the market right now, which is about $23,700, this represents a premium of more than 60%.

cointelegraph - 1307 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1075 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1075 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1075 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1075 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1076 ngày trước