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Crypto News

Bitcoin May Protect You As The Economy And Market Collapses

Bitcoin is now becoming considerably more significant, according to investor, entrepreneur, and author of the well-known financial literacy book "Rich Dad, Poor Dad" Robert Kiyosaki. The current U.S. and global economic crisis, in which stock markets are collapsing, the unemployment rate is rising, and pensions are collapsing as well, was brought up by Kiyosaki on Twitter. In this situation, he believes Bitcoin to be something that may protect one's wealth.

U.Today - 1416 ngày trước

Konami Is Looking For Blockchain Experts For Web3 And Metaverse Expansion

metaverse, a leading provider of video games in Japan, is working to diversify its crypto talent pool while concentrating on providing Web3 and metaverse experiences and attempting to enter the non-fungible token (NFT) market. According to Konami, it is committed to research and development so that its games and other content offerings can use "the newest technology." Additionally, the business has stated that it plans to launch an NFT trading platform.

Finbold - 1416 ngày trước

First Batch Of Cross-Chain XRP Ledger Goes Active Online

The first batch of "cross-chain XRPL tokens," according to the announcement posted on Medium by Wanchain developers, goes online. The transfer of these tokens from XRPL to other L1s can therefore be done without any issues. Through specially designed one-time addresses, XRPL-based assets can now be moved to a number of popular programmatic blockchains, including Ethereum, BNB Chain, XinFin XDC Network, and Wanchain. The initial assets that are supported are NVL, GZX, xBILBx, and XList.

U.Today - 1416 ngày trước

Since The Merge, Ethereum Has Added Around 90,000 New Unique Addresses Daily

Ethereum has been able to add roughly 86,945 new unique addresses every day since the Merge upgrade on September 15. The number of addresses was 205,410,380 before the upgrade, and it was 208,018,737 on October 14. In general, the newly created unique addresses show that more individuals are becoming interested in Ethereum as they try to learn more about the network, which continues to experience growth in use cases like decentralized banking (DeFi).

Finbold - 1417 ngày trước

DOGE And XRP Now Accepted on Romania's Biggest Ticketing Platform

You may now use Dogecoin, XRP, and other cryptocurrencies supported by Binance Pay to purchase tickets on Entertix, the largest ticketing site in Romania. Changpeng Zhao (CZ), the creator of Binance, announced on Twitter that Binance Pay is now accessible on Entertix, the largest ticketing website in Romania. Users can now purchase team and many other event tickets using supported cryptocurrency.

U.Today - 1417 ngày trước

Bitcoin Is Described As "Unique" By DBS Bank Despite Its Volatile Price

Despite worries about ongoing market volatility, DBS thinks Bitcoin (BTC) still presents a "unique" possibility since it allows for continuous trading without the requirement for a third party to handle transaction clearing. The uniqueness of Bitcoin, according to DBS financial strategist Daryl Ho, is not based on its price but rather on its use, which enables money to be moved in a decentralized manner without the need for a central counterparty.

Finbold - 1417 ngày trước

$500 Million Lending Pool For Bitcoin Miners Is Launched By Binance

The largest cryptocurrency exchange in the world, Binance, has announced a $500 million lending pool for Bitcoin miners as the industry is put under pressure by energy costs, low Bitcoin prices, and higher-than-ever mining difficulty. According to the business, the goal of its Binance Pool project was to "secure debt finance global blue-chip public and private Bitcoin (BTC) mining and digital asset infrastructure enterprises."

Decrypt - 1417 ngày trước

Former EU Member NIGEL Farage Claims That Bitcoin Brings Freedom

The former European Parliament member compared Brexit's role in waging a political insurgency to the opposition Bitcoin faces today. Farage thinks that using bitcoin can give people back control over their lives and financial situations. Farage also supports Bitcoin because the technology has been demonstrated to function and is improving. He argued that governments cannot touch Bitcoin. Bitcoin is the ultimate freedom in that they cannot tell him what he can and cannot do.

Bitcoin Magazine - 1417 ngày trước

Singapore's Central Bank Gives Its Regulatory Approval For Blockchain.com

The central bank of Singapore has granted preliminary authorization to Crypto exchange Blockchain.com, the newest cryptocurrency business, to offer Digital Payment Token services in the city-state. The regulatory certification for Blockchain.com comes shortly after Coinbase announced on October 11 that it had obtained the similar "in-principle" approval from the Monetary Authority of Singapore (MAS).

cointelegraph - 1417 ngày trước

$3 Billion Was Raised In Q3 By Blockchain Games And Metaverse Projects

According to DappRadar's most recent BGA Games Report, blockchain games and metaverse projects raised a total of $1.3 billion in venture capital between July and September. Despite a 48% decrease from the second quarter, this amount was still more than twice what was raised overall in 2021. According to DappRadar, approximately 36% of the quarterly funding went toward initiatives centered on the Web3 metaverse infrastructure

dappradar - 1417 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