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Crypto News

Over 20,000 New Staking Addresses Have Been Added By Cardano On Average Monthly

Despite the unpredictability of the cryptocurrency market, which has been severely impacted this year by the collapse of the Terraform Labs ecosystem and the current collapse of the FTX crypto exchange, Cardano's (ADA) ecosystem continues to grow. Amid the FTX collapse, the number of Cardano wallets increased quickly, increasing by 30,000 in a single week and Cardano has also added 22,327 new staking addresses on average each month.

Finbold - 1360 ngày trước

Robert Kiyosaki Believes Bitcoin Owners Will Get Richer When The Fed Prints Trillions Fiat

In spite of the probability that the Federal Reserve would continue to print money, Robert Kiyosaki, the author of the personal finance book "Rich Dad Poor Dad," has indicated that investors still have a chance to be richer in the future. Holders of Bitcoin will likely become wealthier when the Fed changes the monetary policy, according to Kiyosaki, who confirmed this. Also, saying this is because they will avoid the effects of additional money printing.

Finbold - 1360 ngày trước

Turkey Is Overly Obsessed With Cryptocurrencies Particularly Dogecoin

The decline in the crypto market does not imply a decline in interest in crypto. Many nations such as Turkey continue to search the internet for crypto-related information. Dogecoin-related searches in Turkey rank #1 globally and second overall for searches connected to crypto. The analysis finds that the top two countries for searching for phrases connected to crypto are the Netherlands and Turkey, with 8.2% and 5.5% of the population, respectively.

cointelegraph - 1360 ngày trước

Crypto.com Publishes Proof-Of-Reserve Demonstrating Above 100% For Bitcoin And Ethereum

As a result of the consequences from FTX, Crypto.com was forced to temporarily halt withdrawals on the Solana network. However, the team demonstrated how they are responsible custodians of crypto customers' assets and can be relied upon to handle all transactions by issuing a proof of reserves. The report also includes Tether, XRP, Dogecoin DOGE, Shiba Inu, Chainlink, and Decentraland, all of which have proof of reserves that are greater than 100%.

cointelegraph - 1360 ngày trước

The CEO Of Binance Provides Lessons On Crypto And The Web3 On MasterClass

The largest cryptocurrency exchange in the world, Binance's CEO is partnering with the online learning platform MasterClass to introduce a course on cryptocurrencies and blockchain to the "crypto-curious" public. The course, which will be led by Binance's CEO and founder, Changpeng Zhao, is a three hours and forty minutes-long master class aimed to improve the ecosystem and teach users about blockchain technology, Web3, DeFi, DAOs.

CryptoPotato - 1360 ngày trước

The Wolf Of Wall Street Advises Investors To Avoid All But Bitcoin And Ether

The notorious stockbroker Jordan Belfort, whose life inspired Martin Scorsese's movie "The Wolf of Wall Street," believes that at the present, investors should only deal with bitcoin (BTC) and ether (ETH). Despite the collapse of FTX, "the Wolf of Wall Street" believes that people should still pay attention to BTC and ether. He advised against investing a large portion of one's money in cryptocurrencies owing to the market's volatility and hazards.

CryptoPotato - 1360 ngày trước

Crypto Analytics Firm Claims That Ethereum Whales Have Accumulated Almost $690 Million In ETH

The top smart contract network, Ethereum, has reportedly been rapidly accumulated by whales over the past two days, according to the crypto analytics site Santiment. According to recent information from the market intelligence site, during December 5 and 6, ETH holders who own between 100 and 1million ETH added 561,000 ETH, totaling nearly $690 million. Santiment estimates that almost 65% of the current ETH supply is now owned by Ethereum whales.

The Daily Hodl - 1360 ngày trước

Fiat Can Be Used To Purchase XRP In The UK And France

France and the United Kingdom will soon offer the opportunity to purchase and sell XRP for fiat currencies. This information was released by Xumm Wallet's official Twitter account, which is providing on- and off-ramp solutions in its XRPL-built software. The wallet team intends to accomplish this with the assistance of its partners, BTC Direct and Banxa, the former of which is in charge of development in the European region of the globe.

U.Today - 1360 ngày trước

Commodity Experts Believe Bitcoin Will Outperform Gold Over Time

The crypto market is still suffering from the severe sell-off sparked by the collapse of crypto trading platform FTX, and the price of Bitcoin, the sector's most valuable asset by market capitalization, is still unstable. However, Mike McGlone, a commodity strategist at Bloomberg Intelligence, has maintained his upbeat stance on Bitcoin and the sector as a whole, speculating that Bitcoin may eventually outperform gold as its main rival.

Finbold - 1360 ngày trước

Beta Web3 "Odyssey" Loyalty Program Is Now Available At Starbucks

The eagerly awaited Starbucks Odyssey experience, which mixes customer loyalty benefits with non-fungible token (NFT) collecting and other gamified components, officially opened its beta test. Customers will receive "Odyssey Points" which will grant them access to future advantages and experiences like virtual espresso martini-making classes, exclusive events and trips to Starbucks roasteries and coffee farms.

coindesk - 1360 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 - 1077 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 - 1077 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 - 1077 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 - 1077 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 - 1078 ngày trước