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Crypto News

Bitstamp Presents Shiba Inu (SHIB) Trading Services To U.S. Customers

American users of Bitstamp will be able to trade the meme crypto against the dollar and the euro, this comes after the European exchange began offering SHIB trading in other markets. Shiba Inu was ultimately made tradeable on the top European crypto market in early June. The listing was previously announced by the trading platform in December, but due to technical issues, SHIB supporters had to wait for six months to trade their preferred crypto.

U.Today - 1405 ngày trước

Bitcoin Miner Cleanspark Increases Year-end Outlook By 10% And Surpasses 5 EH/s

Cleanspark, stated on October 25 that the hashrate of the company has surpassed 5 exahashes per second (EH-s), a milestone attained more than two months before the company's initial year-end targets. By raising the miner's hashrate target by 10%, Cleanspark claims it now plans to achieve 5.5 EH-s by the end of the year. By the end of 2022, they aimed to achieve the 5 EH-s target, but intend to increase the year-end guidance by 10% more hashrate.

Bitcoin News - 1405 ngày trước

The Turkish Central Bank Intends To Introduce A CBDC In 2023

Turkey will introduce a central bank digital currency (CBDC) early in the following year. The topic of a central bank digital currency is covered in Turkey's presidential annual program for 2023, which was released on Monday by the Presidential Strategy and Budget Directorate. According to the report, the Turkish central bank will work with other banks to conduct testing, research, and development for the CBDC.

coindesk - 1405 ngày trước

Bitcoin Volatility Falls Below Nasdaq And S&P 500 For First Time Since 2018

Despite continuing to move in the same direction as traditional markets, Bitcoin (BTC) has recently demonstrated growing resistance to rising yields and a stronger US Dollar. Additionally, for the first time since 2018 Bitcoin's rolling volatility over 20 days has dropped below that of the S&P 500 and the Nasdaq equities indices. The Nasdaq's volatility is lower than that of Bitcoin due to riskier tech firms and a stronger connection to the cryptocurrency market.

Finbold - 1405 ngày trước

Mastercard Partners and Major Dubai Exchange Introduces Crypto Cards

According to Reuters, a crypto trading platform, and the world's largest payment card company, Mastercard, have signed a partnership agreement. They want to introduce payment cards that are linked to cryptocurrencies together. Mastercard will protect its users through dispute resolution and refund generating. The two companies will market their product to users in the Middle East and North Africa so they can use crypto cards at Points of Sale or to make online purchases.

U.Today - 1405 ngày trước

UK Policymakers Supports Regulating Crypto As Financial Instruments

The decision to recognize Cryptocurrency assets as financial instruments was made by regulators the same week that the UK elected a new prime minister. On October 25, the Parliament met to examine a proposed Financial Services and Markets Bill for the economic recovery. Several amendments to the bill were proposed, one of which called for the inclusion of cryptocurrencies as regulated financial instruments.

CryptoPotato - 1406 ngày trước

10% of Women Selects Crypto As Their First Investment

According to a BlockFi survey, female members of generation Z and millennials who aren't experienced investors are more willing to invest in cryptocurrencies than anything else. On October 24, the American cryptocurrency company Blockfi published the most recent iteration of a survey on women's investing patterns. 10% of women have reportedly chosen cryptocurrency as their first investment.

CryptoPotato - 1406 ngày trước

BNB Chain Launches $10M Fund To Promote Project Growth On Blockchain

A $10 million fund has been established to aid projects with user development and acquisition, according to a corporate representative from BNB Chain, one of the blockchains with the highest daily active users in the world. The Growth Incentive Program, which will initially fund 10 projects in the fourth quarter, will offer gas rewards totaling up to 800 BNB tokens every month.

coindesk - 1406 ngày trước

Bitcoin Lightening Payments Can Now Be Sent And Received By Cash App Users

Users of the Cash App could previously only send Bitcoin Lightning payments, but now they may now receive Bitcoin instantly into their Lightning wallets thanks to a recent integration. Using the Cash App to transact with bitcoin is just a simple process and can be done when a user opens the "Money Tab" in the app and chooses Bitcoin, A QR code or link will be produced which enables instant transactions with other Lightning-enabled wallets.

Bitcoin Magazine - 1406 ngày trước

Nokia Thinks That Metaverse Will Cut Out Smartphones In The Future

Nokia, one of the pioneers in the development of consumer-grade mobile phone systems, now holds the view that the metaverse will lead to a decline in the use of phones. VR headsets and AR glasses will be used to power these metaverse experiences, enabling users to engage in activities. In the second half of the decade, metaverse experiences will supersede phones as the main means of communication, while phones will still exist.

Bitcoin News - 1406 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 - 1078 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 - 1078 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 - 1078 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 - 1078 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 - 1079 ngày trước