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Crypto News

MicroStrategy Will Release Bitcoin Lightning Program Solutions In 2023

In 2023, MicroStrategy will introduce software programs and solutions supported by the Bitcoin Lightning Network. Michael Saylor noted that the company's Bitcoin division has been able to place a greater emphasis on how it can not only buy and hold BTC, but also contribute to the ecosystem. MicroStrategy will offer businesses tooling for the Bitcoin and Lightning ecosystem as it looks to expand beyond conventional software applications and into Bitcoin.

Bitcoin Magazine - 1340 ngày trước

Despite The Bear Market, There Could Be 800 Million Cryptocurrency Owners By 2023

Despite the numerous setbacks experienced in 2022, the cryptocurrency industry has succeeded in part because of growing investor interest in the technology. As of December 1, 2022, there were 402 million crypto owners, surpassing the 400 million mark and recording an average monthly adoption growth rate of 2.9%. Given the current growth rate, the number of owners of digital assets would rise to a range between 600 million and 800 million by 2023.

Finbold - 1340 ngày trước

Cardano (ADA) Can Be Staked On Apple Devices Through An Integration

Apple devices running the iOS operating system now support staking of Cardano's native coin, ADA. Specifically, the functionality of Trust Wallet, a noncustodial "hot" wallet for holding cryptocurrency assets, has been used to implement the idea. 4 ADA is the smallest amount that can be staked. As is common on Cardano, tokens and prizes for staking will be automatically restaked at the conclusion of each epoch.

U.Today - 1340 ngày trước

Japanese Gaming Firm, Gumi Enters Into Multiple Partnerships To Strengthen The Metaverse Pivot

Japanese mobile gaming startup Gumi has joined forces with Square Enix and SBI Holdings to create new business opportunities centered on the metaverse. In connection with the transaction, new shares worth $52.7 million would be issued. Gumi claimed that the money raised would be used to create this new metaverse company at an even faster rate than ever before, with the metaverse as its target market.

Bitcoin News - 1340 ngày trước

The Enterprise Ethereum Alliance Welcomes TRON DAO In The Space

The Enterprise Ethereum Alliance (EEA) has welcomed TRON DAO, a community-governed DAO committed to accelerating the decentralization of the internet using blockchain technology and decentralized applications. As an EEA member, TRON DAO will work in conjunction with the EEA and its members, who are the top business adopters, innovators, and leaders within the Ethereum ecosystem, to hasten the adoption and advancement of Ethereum in business.

The Daily Hodl - 1340 ngày trước

Over Last Two Months, MicroStrategy Added 2,500 Bitcoins Worth $45 Million

According to a filing with the Securities and Exchange Commission, MicroStrategy, the business software provider that was co-founded by crypto enthusiast Michael Saylor, increased its bitcoin stockpile by buying about 2,395 bitcoins for $42.8 million between November 1 and December 21 through its MacroStrategy subsidiary. Since November 1, the company has added about 2,501 BTC to its holdings for a total net cost of $44.6 million.

coindesk - 1340 ngày trước

China's CBDC Wallet Turns To Centuries-old Traditions To Increase Acceptance

To get more users, China's wallet app for its digital yuan central bank digital currency added a function that allows users to transmit money in an electronic version of traditional red packets. The "red packets," also known as hongbao in China, are used for giving money as a sign of good fortune during Chinese New Year celebrations. Popular local providers like WeChat Pay and Alipay offer virtual red envelopes to grow the use of digital payments.

cointelegraph - 1340 ngày trước

Top Satoshi Candidate's Wife Announces Bitcoiners' Half-Marathon

The recent announcement of plans for a special "Running Bitcoin" event honoring Hal Finney, one of the top Satoshi Nakamoto candidates, by The wife, Fran Finney, caught the Bitcoin community by surprise. Aiming to persuade as many individuals to participate in running or walking a half marathon distance while earning money for ALS research through Bitcoin donations, the "Running Bitcoin" half marathon event will take place between January 1 and January 10.

U.Today - 1341 ngày trước

Charles Hoskinson Promises To Do $1,000,000 ADA Security Experiment With New Cardano Wallet

Charles Hoskinson, a co-founder of Cardano (ADA), says he's willing to wager on an upcoming security feature for the new Lace wallet. When it begins supporting PGP encryption of paper wallets, he's also willing to take some ADA, likely $1,000,000 worth of it and put it into an encrypted paper wallet. The lightweight multi-chain cryptocurrency wallet Lace, promises to effortlessly link everything in Web2 and Web3 to a single interface.

The Daily Hodl - 1341 ngày trước

The Biggest Bank In Russia Released Digital Financial Assets Backed By Gold

Sber, the largest bank in Russia and formerly known as Sberbank, announced the issuance of the first digital financial assets (DFAs) backed by gold. Sber announced the first issue of its gold-backed DFAs on December 26. Solfer, a manufacturer and supplier of diverse metals, was the initial investor to acquire the issued assets. Gold-backed DFAs are certifying financial assets, the price and volume of which are influenced by gold prices.

cointelegraph - 1341 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