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Crypto News

Whales Transfer 267 Million XRP As The Price Attempts To Hold Above $0.35

Almost 270 million XRP tokens associated with Ripple have been traded in the last day, according to crypto tracking service Whale Alert. The exchange took place between wallets that the aforementioned source classified as "unknown." At the time of the transfer, the amount of XRP that was exchanged was equivalent to $97,775,558 in cash. Due to the Fed Reserve's announcement of increase interest rates, there's been a current sell-off in cryptocurrency market.

U.Today - 1351 ngày trước

The UN Will Send Financial Aid To Ukrainians Via The Stellar Blockchain

The Stellar Development Foundation (SDF) announced its collaboration with the United Nations High Commissioner for Refugees (UNHCR) to test a Stellar-powered digital cash disbursement mechanism for distributing funds to Ukrainian refugees. The stablecoin USD Coin (USDC), which is given directly to recipients' phones through Stellar Aid Assist, is already being utilized "to offer qualified Ukrainians" with financial support, according to the project's website.

CryptoPotato - 1351 ngày trước

Hal Finney Has Reactivated His Twitter Account After 12 years

After twelve years of inactivity, Hal Finney's early Bitcoin supporter and adopter Twitter account has been restored. In 2009, Satoshi Nakamoto sent the first blockchain transaction to Finney. Since 2010, Finney's Twitter account has not been active. There have been worries recently that the account would be terminated as part of Elon Musk's intentions to erase 1.5 billion dormant accounts, unintentionally wiping out a portion of Bitcoin's history.

cryptoslate - 1352 ngày trước

Tezos-Powered NFT Is Launched By Manchester United Club

One of the top soccer teams in the world, Manchester United, has released its first set of non-fungible tokens on the proof-of-stake Tezos blockchain. The first digital collectible from the team is a key that grants users free access to a variety of benefits. For the purpose of claiming NFTs, fans must log in using their Tezos wallets. One can track digital collectibles on the blockchain and save them in their wallet.

U.Today - 1352 ngày trước

92% Of Most High Net Worth Investors Want Access To Cryptocurrency

Even though the crypto industry has had a challenging year, high net worth investors have demonstrated interest in accessing the innovative asset class and haven't been deterred by the difficulties. According to a study conducted by Coalition Greenwich in collaboration with Talos, 92% of mass affluent and high net worth clients have recently inquired about the prospect of adding cryptocurrencies in their portfolios.

Finbold - 1352 ngày trước

Basel Committee Finalizes Policy Proposing A 2% Limit On Banks' Bitcoin Exposure

A draft rule that would set a 2% restriction on banks' Tier 1 capital held in bitcoin has been finalized by the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS). This has the support of the Basel Committee, the main worldwide standard setter for the prudential supervision of banks, as well as the Group of Central Bank Governors and Heads of Supervision, the organization in charge of the Basel Committee's oversight.

Bitcoin Magazine - 1352 ngày trước

Shiba Inu Whale Moves 2,673,966,699,162 SHIB In Huge Crypto Transaction

Over 2 trillion Shiba Inu (SHIB) are suddenly changing hands in a single, enormous transaction, thanks to an unnamed whale. A wealthy trader abruptly transferred 2.6 trillion tokens, valued at around $23 million, from one unidentified crypto wallet to another, which was transferred recently in the morning for a cost of just $1.01 in ETH, the most popular smart contract platform, according to new data from whale-surveying platform Whale Alert.

The Daily Hodl - 1352 ngày trước

Jack Dorsey Provides 14 BTC In Funding For The Decentralized Social Network Nostr

Jack Dorsey gave about 14 BTC, or about $245,000, to support Nostr's development. The open protocol called Nostr seeks to build an international social network that is impervious to censorship. Following a blog post where Dorsey expressed his opinions on the necessity for a native internet protocol for social media, Koty Auditore urged Dorsey to sponsor Nostr after it was revealed that he will give $1M annually to the encrypted messaging app Signal.

coindesk - 1352 ngày trước

Coinbase Prime Now Supports Polygon Staking

The largest crypto exchange in the United States, Coinbase Prime, has announced that it now permits staking Polygon. With a market valuation of $7.9 billion, MATIC continues to be the tenth largest crypto. The company celebrated another milestone on Wednesday when Coinbase Prime earned two System and Organization Control certifications. Companies must follow strict security and supervision guidelines in order to acquire these attestation reports.

U.Today - 1352 ngày trước

Brazil Grants Crypto.com A License To Operate As A Payment Institution

The Brazilian Central Bank has granted Crypto.com a Payment Institution License, the crypto exchange announced on Thursday. In the nation, where the Crypto.com Visa card has been available since 2021, the firm is now able to continue providing regulated fiat wallet services. According to Crypto.com CEO Kris Marszalek, Brazil and the wider Latin American market is an important territory in the pursuit of their vision of crypto in every wallet.

coindesk - 1352 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