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Crypto News

First CBDC Tests Are Conducted By Turkish Central Bank

The Central Bank of Turkey (CBRT) has completed the first payment transactions on its central bank digital currency (CBDC) network as part of a first test phase, according to a statement released on Thursday. The CBRT continues its small-scale, closed-loop application pilot testing undertaken with technological players in the first quarter of 2023. A thorough review report with the test results will be released, the bank added in the statement.

coindesk - 1339 ngày trước

Binance Announces That Customers Can Purchase Cryptocurrency Via Google Pay And Apple Pay

Binance Users may now purchase cryptocurrencies using both Apple Pay and Google Pay, the site revealed in a recent upgrade called Binance Build. Users may buy the cryptocurrencies that the exchange is offering by using these well-known payment methods, according to the announcement. The action is a huge step toward enhancing the service's usability and promoting the use of BTC investments in mainstream markets. The update had responses from people who had utilized the function and confirmed its success.

Watcher Guru - 1339 ngày trước

Anthony Scaramucci Shows Bitcoin's Durability Compared to Notable Stocks

Both the stock market and the cryptocurrency business have been severely battered this year, though to varied degrees, given the strain on the larger financial ecosystem. Anthony Scaramucci, a well-known cross-market investor and supporter of Bitcoin (BTC), has shared the performance of the stock of some of the largest organizations in the world to demonstrate the durability and resilience of the cryptocurrency over these shares.

U.Today - 1339 ngày trước

BMW Partners With Coinweb And BNB Chain For A Blockchain Loyalty Program

BMW plans to use blockchain technology into its everyday business practices and develop a blockchain loyalty program for its users in Thailand. The well-known automaker has chosen BNB Chain for transaction settlement and Coinweb as its decentralized architecture supplier. In the future, owners will be able to use their awards to buy products and services from BMW as well as from a linked ecosystem through the BNB chain, which is native to Binance.

cointelegraph - 1339 ngày trước

Sitiveni Rabuka, A Pro-Bitcoin Prime Minister, Is Elected In Fiji Pacific Island

In the Pacific Island nation of Fiji, a newly elected Prime Minister who supports bitcoin has assumed office. On Dec 24, Sitiveni Rabuka, the new president of Fiji, assumed power. A former member of the Tongan parliament and nobleman named Lord Fusitu'a shared the news from his neighboring country on Twitter. According to Fusitu'a, Rabuka had been given a step-by-step explanation of how Fiji may make Bitcoin legal tender like Tonga and that two ths Legal Tender Bills for the Pacific in 2023 might be issued.

cointelegraph - 1339 ngày trước

The Costs Of Adopting 22,000 Animals From Shelters Are Covered By Kia's First NFTs

In the most recent instance of a for-profit corporation using NFTs for charity, Kia's US division released its first digital collectibles earlier this year to generate money for a US group that works to reduce overcrowding in animal shelters. The outcomes are now available and more than 22,000 animals in shelters have already had their adoption fees paid for and a further $500,000 in currency from Kia.

blockworks - 1339 ngày trước

Next Week Will See The Debut Of China's First Nationwide NFT Marketplace

China will launch its first regulated platform for trading non fungible tokens (NFT) on January 1, 2023. The state-owned Chinese Technology Trade, Art Exhibitions China, and the privately-owned Huban Digital Copyrights Ltd. serves as a secondary market for the exchange of NFTs. The platform will make it easier to trade copyrights for digital assets and also NFTs. It intends to control and avoid the excessive speculation in secondary marketplaces.

cointelegraph - 1339 ngày trước

The Most Popular Ethereum Contract In 2022 Was Uniswap V3

In terms of the overall amount of gas consumed in 2022, Uniswap V3 has emerged as the most widely utilized Ethereum contract. Data from Dune Analytics show that in 2022, Uniswap V3 consumed more than 2.8 million gas. This indicates that its users have flocked in large numbers to the DEX's most recent iteration (V3) because it is more than three times more than the quantity of gas used in Uniswap V2.

cryptoslate - 1339 ngày trước

Mike Novogratz Continues To Have Faith In Bitcoin

Mike Novogratz, CEO of Galaxy Digital, considers bear markets to be the best times to continue investing and continues to trust in Bitcoin in the long run. It was revealed that Argo Blockchain had decided to avoid declaring bankruptcy by agreeing to sell Helios, its mining operation and the company's acquisition of Helios. In Novogratz's opinion, it's a big step toward building for the decentralized future and will enhance their mining capabilities.

U.Today - 1340 ngày trước

Unexpected Investors Show Increased Interest In Ripple's XRP

WhaleStats data indicates that among the top 90 BNB holdings yesterday, XRP was one of the most frequently used smart contracts. These investors experienced a surprise increase in XRP turnover of 241.5% at one time. BNB, BUSD, and various BNB Chain wrapped tokens generally make up a substantial portion of the asset, which as a result gained 2% of the total. The WhaleStats website also revealed that among the 2,000 largest tokens, XRP is among the top 10 most bought tokens.

U.Today - 1340 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