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Crypto News

Users Of The Messaging App, Telegram Can Now Send USDT Over Chats

Tether (USDT), the largest stablecoin in the world by market cap, may now be sent between Telegram users in chats. USDT has been added to Telegram's @wallet bot, boosting the messaging app's ability for buying and selling cryptocurrencies. Incorporating crypto payments inside messaging apps like Telegram could be a huge step forward for widespread adoption as it makes sending cryptocurrency as simple as sending a text or a picture.

coindesk - 1253 ngày trước

Texas Senator Ted Cruz Presents An Anti-CBDC Bill

Ted Cruz, the governor of Texas, has reintroduced legislation to the Senate that would forbid a direct-to-consumer Federal Reserve-issued central bank digital currency (CBDC), by joining a rising number of politicians who have shown support for such measures. The CBDC Anti-Surveillance State Act, introduced by Congressman Tom Emmer, would forbid the Federal Reserve from issuing a CBDC directly to anyone, and is thought to have started the trend.

Bitcoin Magazine - 1253 ngày trước

Cardano Native Assets Surpass 8M Mark As The Ecosystem Experiences Fundamental Growth

Fundamental growth is being seen by the Cardano network as there are now 8,027,363 native assets, surpassing the eight million threshold. They were minted across 70,901 policies and also there's about 7,511,799 NFTs. Trading activity for Cardano NFT is also increasing. Cardano-based NFT sales increased 34.92% to $536,047 over the course of the last day. On March 21, Cardano Blockchain insights said that there were over four million ADA wallets in existence.

U.Today - 1254 ngày trước

The Clothing Line Guess Is Now Accepting Tether and Bitcoin In Lugano

In the Swiss city of Lugano, the well-known clothing company Guess will now be able to accept crypto payments in the forms of Bitcoin (BTC) and Tether (USDT). Today, Plan B, a joint project of the City of Lugano and Tether that runs the blockchain that underpins the biggest stablecoin by market cap, made an announcement about a cooperation with Guess to formally introduce Bitcoin, Tether, and LVGA payments to retail establishments in Lugano.

U.Today - 1254 ngày trước

Value Locked In DeFi Exceeds $50 Billion, Ethereum Dominates TVL By Blockchain

The total value locked (TVL) in defi on Wednesday was $50.34 billion, with the value of cryptocurrency assets increasing and the crypto economy growing 1.2% to $1.24 trillion. Ethereum dominates the $50.34 billion in TVL by blockchain, with a total market cap of $29.71 billion, outpacing the competition by more than 59%. Tron with $5.35B, BSC with $5.1B, Arbitrum with $2B, and Polygon with $1.07B are the next largest digital currency after Ethereum.

Bitcoin News - 1254 ngày trước

Bitcoin Does Better Than 97% Of All S&P 500 Companies In 2023

In the third month of 2023, Bitcoin has outperformed nearly all of the 500 top publicly traded firms in the U.S, and the information provided by the crypto platform CryptoManiaks shows that the price of BTC has increased by 37.06% since March 10 and by more than 72% since the year's beginning. Additionally, the leading crypto has posted better year-to-date (YTD) returns than 488 or 97.6% of S&P 500 companies, including FedEx, Apple, and Amazon.

Finbold - 1254 ngày trước

Peter Brandt Claims That Bitcoin (BTC) Is Likely Aiming For A New Record High

Seasoned analyst Peter Brandt predicts that new all-time highs (ATHs) for Bitcoin (BTC) will come in less than a year. In support of his claim that his projection is consistent with the length of previous market cycles, citing the performance of Bitcoin in the past. The halving event for Bitcoin, which will see the new supply of BTC cut in half, is not as critical as others have said, according to Brandt, thus he is not basing his forecast on it.

The Daily Hodl - 1254 ngày trước

Balaji Srinivasan Warns That Citizens Should Get Bitcoin Before The CBDC Digital Shutdown

Balaji Srinivasan, a former CTO at Coinbase, advised people to get to Bitcoin before digital lockdown. The remark was in reference to the upcoming FedNow payment network and flaws in the banking system. Srinivasan outlined a fictitious scenario in which people either lack Bitcoin independence or are forced to use a CBDC system, further advocates that Bitcoin can enable financial independence and advises citizens to buy BTC.

CryptoSlate - 1254 ngày trước

Cathie Wood Believes That The Rise In Banking Crisis Will Draw More Institutions To Bitcoin

The present banking crisis has highlighted the value proposition of Bitcoin, which, in the long run, according to ARK Invest CEO Cathie Wood, will only draw more institutions to the BTC market. Wood discussed BTC's recent price increase and said its pricing behavior throughout the crisis is likely to attract more institutions and also continued by saying that it was pretty educational that Bitcoin reacted differently from the equity markets.

cointelegraph - 1254 ngày trước

As Bulls Gain Control, Over 70% Of Bitcoin Owners Are Currently In Profits

Bitcoin (BTC) has maintained its bullish strength during the ongoing financial crisis that has gripped the banking industry, and the vast majority of its holders are in profit. According to the most recent data from the cryptocurrency tracking portal IntoTheBlock on March 22, up to 72% of Bitcoin owners are currently in profits while 25% are currently experiencing a loss, and 3% are currently in the black.

Finbold - 1254 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 - 1074 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 - 1074 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 - 1074 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 - 1074 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 - 1075 ngày trước