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Crypto News

With Increase In Inflation, Binance Opens Up Fiat On-ramps For Argentina

In Argentina, where the inflation rate has surged above 100% for the first time in three decades, Binance cryptocurrency exchange has launched fiat ramps. Local users can now add Argentine pesos to their Binance wallets and trade cryptocurrencies through the app, including bitcoin, ether, BNB, EOS, and the dollar-pegged stablecoins BUSD and tether (USDT). Until recently, Binance only had a small presence in Argentina and didn't yet have peso pairs on its cryptocurrency market.

Blockworks - 1239 ngày trước

The Bitcoin White Paper Is Reportedly Concealed In Apple's Current MacOS

Every current version of Apple's Mac operating system contains a hidden copy of Satoshi Nakamoto's initial white paper outlining the Bitcoin network. Andy Baio highlights that a PDF of the Bitcoin white paper comes with every copy of macOS since Mojave in 2018, saying that he was trying to fix the printer when a Virtual Scanner II device emerged and as he switched the media type from "Picture" to "Document," Nakamoto's white paper was displayed.

cointelegraph - 1239 ngày trước

Justin Sun Highlights That Tron Is Looking into Incorporating zkEVM

Justin Sun, the founder of the Tron network, stated that TRON (TRX) and BitTorrent (BTT), two blockchain networks, are looking into ways to include the zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) into their own ecosystems. A layer 2 solution called the Zero Knowledge (ZK) rollup enables multiple transactions to be batched off-chain and carried out on the mainnet as it is advantageous for the TRON and Bittorent ecosystems.

CryptoSlate - 1239 ngày trước

The Number Of "Wholecoiner" Addresses With More Than 1 Bitcoin Has Doubled

There are roughly a million addresses holding multiple Bitcoins, according to on-chain analytics. Additionally, starting from about mid-2016, the number of "wholecoiner" addresses with over 1BTC has doubled. During the previous cycle peak, it peaked at slightly over 800,000 addresses, but when investors accumulated during the cycle bottom in late 2022 and early 2023, it climbed. Given that there are over 56 million millionaires worldwide, this figure is astonishing.

CryptoPotato - 1239 ngày trước

Luxury Brands Bugatti And Asprey Announce A Collection Of Bitcoin Inscriptions

Luxury goods firm, Asprey and legendary car manufacturer Bugatti have joined forces to produce a selection of limited-edition eggs that will be inscribed on the Bitcoin blockchain using the Ordinals protocol. The Asprey Bugatti Egg Collection, according to the announcement by Bugatti, will be the first ever collection by two upscale companies to use a cutting-edge method of encoding digital content on the Bitcoin blockchain, guaranteeing the longevity of the artwork.

Bitcoin Magazine - 1239 ngày trước

Bakkt Completes The $155 Million Purchase Of Apex Crypto

According to a statement released recently, Bakkt has finished buying the integrated trading platform Apex Crypto. Bakkt CEO Gavin Michael claims that the acquisition would help Bakkt advance along its roadmap for the cryptocurrency industry. Bakkt did not disclose the deal's worth in the press announcement, but according to sources from Fortune, Bakkt may spend up to $155 million in cash and stock to finalize the acquisition.

CryptoSlate - 1239 ngày trước

MicroStrategy Increases Its Expanding Cryptocurrency Treasury By Additional 1,045 Bitcoin

The American business intelligence company MicroStrategy recently disclosed its most recent purchase of additional 1,045 Bitcoin for about $29.3 million, or an average price of $28,016 per BTC. MicroStrategy owns a total of 140,000 Bitcoin as of April 5, 2023, which were purchased for about $4.17 billion at an average cost of $29,803 per BTC. This information represents a major turning point for the business, which keeps investing in Bitcoin as a reserve asset.

cointelegraph - 1239 ngày trước

The Miami-Based Ralph Lauren Store Will Accept Cryptocurrency Payments

The Miami location of the American clothing company Ralph Lauren has announced that it will accept crypto payments. The apparel brand's first storefront to accept crypto payments will be in Miami. The decision to accept digital currencies is accompanied by a collaboration with BitPay, the well-known payment service. The Miami Ralph Lauren store accepts a number of well-known crypto including Bitcoin (BTC), Ethereum (ETH), and Polygon (MATIC).

Watcher Guru - 1240 ngày trước

Matt Hougan Claims That We Are In Bull Market, Citing Imminent Ethereum Game Changer

According to Bitwise Asset Management's chief investment officer, Matt Hougan, upcoming Ethereum (ETH) enhancements will lead the ecosystem to grow like never before. According to Hougan, who recently spoke with Anthony Pompliano, once Ethereum Improvement Proposal 4844 (EIP-4844) is finished, development activity in the Ethereum ecosystem is anticipated to surge because the upgrade seeks to significantly reduce transaction costs.

The Daily Hodl - 1240 ngày trước

PostFinance, A Swiss Government-Owned Bank To Provide Crypto Access To Clients

A cooperation with regulated digital asset services provider Sygnum Bank has allowed PostFinance, Switzerland's fifth-largest financial services company, to announce that it would start providing its users with access to crypto. With more cryptocurrencies to be added later, PostFinance, which is completely owned by the Swiss government, will first provide its 2.5 million customers access to buy, store, and trade popular crypto like BTC and ETH.

coindesk - 1240 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 - 1073 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 - 1073 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 - 1073 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 - 1073 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 - 1074 ngày trước