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Crypto News

The Spanish Soccer League And Dapper Labs Launches NFT Platform

The top Spanish soccer league, Laliga, is foraying into the realm of digital collectibles. Laliga Golazos, the company's own NFT platform, has made its debut. The program, which was introduced in collaboration with NBA Top Shots creator Dapper Labs, promises to introduce soccer fans to some of the most memorable moments in Spanish history. Laliga Golazos seeks to provide films of the league's most memorable plays and contests, dating back to 2005.

Bitcoin News - 1422 ngày trước

Raoul Pal, A Macroexpert, Has A Bullish Outlook For XRP

Raoul Pal, a macro expert and former Goldman Sachs executive, is bullish on Ripple's XRP, the sixth-largest cryptocurrency asset by market capitalization, and he thinks Ripple will win its legal battle against the Security Exchange Commission (SEC). He affirms that XRP functions as a payment transmission, which is what it's meant to be doing. He went on to say that he owns some UNI and Protocol Aave (AAVE).

The Daily Hodl - 1423 ngày trước

Cardano Gets A Spot Among Top Three Actively Developed Assets Following Vasil Update

One of the top three projects that are now being actively developed is Cardano. This comes after the deployment of capabilities and the successful Vasil launch in the final week of September. As teams continue to add resources to the Cardano node tests GitHub repository, IOG continues development now that the Vasil update is live on the mainnet, according to IOG's weekly report.

U.Today - 1423 ngày trước

Pro-Russian Militias In Ukraine Received $4 Million In Crypto

According to a Wired article citing experts and blockchain investigators, cryptocurrency worth at least $4 million has already been transferred to organizations supporting Russia's military in Ukraine. According to the research, millions of funds still go to paramilitary organizations that are frequently authorized by the government. Separate data from cryptocurrency tracing companies Chainalysis, Elliptic, and TRM Labs was analyzed, as well as research from the Binance exchange.

coindesk - 1423 ngày trước

Bitcoin Outperformed The S&P 500 And The Nasdaq In September

According to the most recent Cryptocompare analysis, while seeing a 3.11% value decline in September, bitcoin still outperformed the S&P 500 and Nasdaq. While the eagerly anticipated Merge turned out to be a "buy the rumor, sell the news" event, Ethereum was declared the lowest performer. Increased trading volumes in tether and U.S. dollars for bitcoin are said to indicate that panicked investors were selling their falling currencies in favor of the virtual currency.

Bitcoin News - 1423 ngày trước

For The First Time In Three Months, XRP Records The Highest Network Growth

The XRP Ledger blockchain recently experienced its biggest day of network growth since July, according to statistics from the cryptocurrency analytics platform Santiment, as a result of a rise in the price of its native token Ripple (XRP). According to the data, 2,273 new wallet addresses were established today on the Layer 1 blockchain network. A 5% increase in the price of XRP back over $0.52 coincided with this increase in network users.

U.Today - 1423 ngày trước

Central Bank Of India To Begin Testing Digital Rupees

According to a 50-page paper published on Friday, the Reserve Bank of India (RBI) is moving toward starting a digital rupee pilot and outlining important elements of the central bank digital currency (CBDC). The Indian central bank has announced that a prototype Digital Rupee program would soon be introduced, and that it will periodically share information on its features and advantages. However, certain significant aspects have only recently come to light.

theblock - 1423 ngày trước

XRP Gains Almost 60% In A Month Following Little Victories In The SEC Lawsuit

XRP looks to be defying the odds by registering big gains amidst the continued volatility in the cryptocurrency market, even though the parent firm of the token, Ripple, is still locked in a legal battle with the Securities Exchange Commission (SEC). According to data from CoinMarketCap, the token has increased in value by 57.75% in the past month, trading at $0.33 on September 8 and reaching around the $0.52 mark.

Finbold - 1423 ngày trước

Former Mt. Gox Customers Will Receive 141,000 BTC In January 2023

After the appointed debtor disclosed the exact terms of the repayment, the distribution of money to former Mt. Gox customers are scheduled to start in 2023. According to a note from Rehabilitation Debtor on October 6, customers will receive about $1.7 billion in cash, 141,000 Bitcoins (BTC), and an additional 142,000 Bitcoin Cash (BCH) starting in January of 2023. The customers are expected to be 10,000 people worldwide.

Finbold - 1423 ngày trước

Now A Member Of Grayscale's Large Cap Fund Is Polygon (MATIC)

As part of its quarterly rebalancing, renowned cryptocurrency asset management Grayscale has added support for Polygon (MATIC) to its large-cap crypto portfolio. In February 2018, Grayscale, a division of the massive venture capital firm Digital Currency Group, introduced the large-cap fund. The fund's objective is to give investors exposure to the most liquid cryptocurrencies. It provided five cryptocurrencies at first.

U.Today - 1424 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