Coincorner247 The Latest Crypto News Over The World

Crypto News

Massive Crypto Whales Are Back In The Game; Analyst Predicts Big Movements

Santiment, a company that conducts on-chain analysis and market information, reports a recent rise in the number of massive cryptocurrency whales. The market intelligence company also stated that USD Coin (USDC) and Tether (USDT) are the two most significant transactions. According to a tweet from Santiment, significant market swings are anticipated. The significant market movement ought to continue with this enormous movement of purchasing power.

U.Today - 1398 ngày trước

Bank Of America Posts New Job Offer For Crypto Policy Expert

Bank of America wants to hire a crypto policy expert and insights manager to help the company navigate regulations as well as provide key insights into their implications. The bank says that the candidate would have knowledge of fintech and blockchain related tech, related public policies. The candidate must have at least two to four years of experience in the coding field and also be expected to track global regulatory trends surrounding crypto.

The Daily Hodl - 1398 ngày trước

GameStop Formally Introduces An NFT Marketplace Launched in Immutable X

Immutable X, a Layer 2 Ethereum scaling technology, powers the NFT market operated by GameStop. In addition to other web3 games, GameStop's marketplace will provide resources for Immutable X titles like Gods Unchained, Guild of Guardians, and Illuvium. Immutable X's Ethereum scaling will enable fee-free transactions and carbon-neutral minting for all transactions. Immutable had teamed up with GameStop in February to launch a brand-new NFT marketplace with a gaming-centric focus.

theblock - 1398 ngày trước

After The Merge, Ethereum's Biggest Whales Accumulates More ETH And HODLs

According to Santiment, Ethereum's top 10 largest non-exchange addresses have added 6.7% more ETH since the fall preceding the Merge in September. Ethereum's non-exchange whales currently control 23.7 million ETH. The figure also reveals that Ethereum's top 10 exchange addresses, which presently possess 8.7 million ETH, only had a 0.2% gain in accumulation during the same time period

Finbold - 1398 ngày trước

Stephen Curry Files Trademark Applications For Metaverse And NFT's

Stephen Curry has filed a trademark for "CURRYVERSE," The trademark application covers a large number of Web3-related services. Curry plans to introduce virtual clothing, headwear, sports bags, watches, artwork, and other items into the metaverse. The trademark application includes registered merchandise authenticated with NFTs. Curry's team intends to offer computer software platforms for creating, promoting, selling and exchanging NFTs.

U.Today - 1398 ngày trước

Coinbase Files An Amicus Brief Against The SEC's Lawsuit On Ripple

The latest company to support Ripple Labs in its legal battle with the Securities and Exchange Commission (SEC) is American cryptocurrency exchange Coinbase. The case could be resolved as early as the first half of 2023. Paul Grewal, chief legal officer at Coinbase, revealed that the exchange had requested permission from the presiding judge to submit an amicus brief, arguing that the case was unjust.

cointelegraph - 1399 ngày trước

$500 Billion Asset Manager Apollo Launches Bitcoin Custody Services For Institutional Clients

One of the world's top asset managers to offer crypto to institutional investors, Apollo Global Management Inc., which has $515 billion in assets under management, is storing crypto on behalf of its clients through a relationship with the digital asset platform Anchorage Digital. This decision comes in the midst of a challenging year for the crypto sector, as Bitcoin, the leading digital asset, has fallen more than 50% since the start of 2022.

Finbold - 1399 ngày trước

Dogecoin Cashback Now Approved By Revolut, UK's Biggest Fintech Firm

Revolut is the only company licensed to offer cryptocurrency products by the UK's Financial Conduct Authority (FCA) and revolut's Crypto General Manager notes that the Revolut app now offers more than 100 crypto. The British fintech company announced its plan to offer its customers 1% Cashback in Dogecoin and to add a cryptocurrency spending feature that would allow its customers to use cryptocurrency balance in order to make regular purchases.

U.Today - 1399 ngày trước

Binance CEO Says He Desires To Help Elon Musk ‘Bring Twitter Into Web3’

Changpeng Zhao, better known as "CZ", has revealed his willingness to help new owner of Twitter (NASDAQ:TWTR) Elon Musk bring the social media platform into the market. Web3. CZ stated many reasons to support the deal, as Binance has invested $500M in Musk's purchase of Twitter. During the interview, CZ said that Twitter is a global platform for freedom of expression with strong entrepreneurship; He also added that he also uses Twitter "heavily".

Finbold - 1399 ngày trước

Mercado Pago Launches Crypto Trading Services In Mexico

Mercado Pago announced the launch of cryptocurrency trading services in Mexico. The company has already launched this type of service in Brazil, serving 1 million customers in the country, allowing them to buy, store and sell BTC and ETH. The company announced that it had activated the ability for customers to purchase crypto with the national currency in Mexico and also to buy BTC and ETH using funds available in Mercado Pago’s native wallet.

Bitcoin News - 1399 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