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Crypto News

First Intel-Powered Bitcoin Mining Machines Are Deployed By Hive Blockchain

Hive Blockchain (HIVE), a bitcoin mining company, announced on Friday that it had deployed its first machines using Intel's (INTC) Blockscale CPUs. The new chips not only have the ability to end Bitmain and MicroBT's effective monopoly on the mining machine market, but they also provide mining businesses the freedom to create machines that exactly match their needs, which is a significant change from the products of those other manufacturers.

coindesk - 1324 ngày trước

MetaMask Staking Launches An Integration Of Lido And Rocket Pool Liquid Staking

Due to a recent integration, users of MetaMask will soon have access to Lido and Rocket Pool, two Ethereum liquid staking providers. With the aim of enhancing the decentralization and security of the Ethereum blockchain, MetaMask Staking will enable users access to stake their Ether via the Lido and Rocket Pool protocols and also have the ability to compare reward rates, network control, and popularity of various liquid staking providers.

cointelegraph - 1324 ngày trước

VC Giant Sequoia Capital Is Still Optimistic About Crypto

Sequoia Capital is still optimistic about its investments in cryptocurrencies despite the challenges facing the venture capital industry and its portfolio holdings. Sequoia's seed-early partner Alfred Lin said this week that the company would continue to be committed to investing in cryptocurrencies. According to Lin, the industry leader in venture capital is still upbeat about the long-term prospects of the crypto sector.

U.Today - 1324 ngày trước

Crypto-to-fiat Debit Cards From Huobi And Solaris Are Now Available In The EU

The creation of a crypto-to-fiat debit card was announced by the cryptocurrency exchange Huobi in collaboration with the European financial services company Solaris. Users of Huobi may utilize their digital assets at points of sale all across the world thanks to the scheme, which has been approved by Visa. Starting in the second quarter of 2023, users who live in the European Economic Area (EEA) will have access to the card.

cointelegraph - 1324 ngày trước

Custom-built Sidechains Will Help The Cardano Ecosystem Grow

The creators of the Cardano ecosystem, Input Output Global (IOG), will make a software toolkit available to developers in late January 2023, allowing them to create unique sidechains on Cardano which enhances the ecosystem. The information was released on January 12 by IOHK, a blockchain engineering firm founded by Charles Hoskinson that is now known as IOG. The announcement included the official technical documentation for the sidechain toolkit.

cointelegraph - 1324 ngày trước

U.S Major Hemp Processor Enters The Sustainable Bitcoin Mining Market

The largest midstream hemp processing company in the U.S, Generation Hemp Inc., has changed its name to Evergreen Sustainable Enterprises, citing a focus on sustainable energy projects where bitcoin mining operation is its first project in Costa Rica. According to a news statement, the firm has acquired 80% of Toro Energa Sociedad Anonima ("Toro"), a Costa Rican organization that owns a hydroelectric dam that will power Bitcoin mining equipment.

Bitcoin Magazine - 1324 ngày trước

Global Crypto Market Capitalization Aims For $1Trillion Mark After $20Billion Inflow In 24 Hours

After weeks of consistent selling, buying pressure is now present on the global crypto market, which sparked the market's momentum by increases in assets like BTC. The global crypto market had a capitalization of $910.56 billion as of January 12 which indicates a 24 hour inflow of around $22.27 billion. Right now, the crypto capitalization is just over $900 million from surpassing the $1 trillion mark that was last reached in early November 2022.

Finbold - 1324 ngày trước

El Salvador Represented By A Miss Universe Competitor Wearing A Bitcoin Inspired Outfit

Alejandra Guajardo, an actress and model, represented El Salvador in the Miss Universe 2022 preliminary competition by walking across the stage while dressed in Bitcoin costume. Guajardo posted a photo of herself on her Instagram account on January 12 with a giant colón, one of the country's accepted currencies until 2001, strapped to her back, decorated with cocoa beans and was also holding a staff with a substantial actual BTC on top in her right hand.

cointelegraph - 1325 ngày trước

Decentralised Gifting Platform Gifto Has Announced It's Roadmap

Gifto is a Gifting platform for which enables users to gift NFTs, tokens and e cards to their loved ones. Gifto has also announced the first ever web3 wallet on the BNB chain, as well as new token GTF on the BNB chain, which support staking and other yield farming opportunities. Gifto's mission is to provide a platform for content creators and fans to monetize their NFT's and use them as gifts.

gifto - 1325 ngày trước

Despite The Crypto Winter, Binance Will Increase Its Workforce By 15% To 30%

Despite the instability in the crypto market, crypto exchange Binance has chosen to continue a hiring drive, especially given that competitor exchanges have been continuously firing staff. Changpeng Zhao, CEO of Binance, stated in the Crypto Finance Conference in St. Moritz, Switzerland, that the crypto exchange plans to boost its workforce by 15–30% in 2023 and also increase the 5,000 employees that were employed previously with the new hiring drive.

Bitcoinist.com - 1325 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 - 1076 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 - 1076 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 - 1076 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 - 1076 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 - 1077 ngày trước