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Crypto News

Bitcoin And Lightning Development Training Office Opens Up In El Salvador

To show its support for the uptake of Bitcoin and the expansion of the wider network, the government of El Salvador has started a new initiative which is a training course for Bitcoin-Lightning developers that has been financed by the venture capital firm Fulgur and the stablecoin issuer Tether. The "CUBO+" program, which is a lengthy advanced Bitcoin engineering curriculum that grants credit, was announced by El Salvador's Bitcoin Office.

CryptoPotato - 1257 ngày trước

Bitcoin And Lightning Development Training Office Opens Up In El Salvador

CryptoPotato - 1257 ngày trước

Cardano's Founder Rebukes An EU Legislator For Equating Cryptocurrencies With Drugs

Charles Hoskinson, a wealthy mathematician and the creator of the Cardano blockchain, has offered his opinion on how politicians and central banks are beginning to attribute the failure of big United States banks entirely to cryptocurrencies, like Silvergate Bank and Silicon Valley Bank. Hoskinson responded to Johan Van Overtveldt, a member of the right-wing ECR party in the EU parliament, who compared crypto to illegal substances like drugs.

U.Today - 1257 ngày trước

Ethereum To Become Deflationary In 2023 As Supply Is Set To Drop By 66,000 ETH

According to information supplied by a market intelligence company and was published on March 18, the supply of Ethereum will be cut by 66,000 ETH in 2023, marking a significant development for the crypto sector. This is resulted from Ethereum's 'Merge' switch to proof-of-stake (PoS) consensus in September 2022. A portion of the transaction fees from Ethereum are being burned due to the new consensus method. Hence, making Ethereum deflationary.

Finbold - 1258 ngày trước

Balaji Srinivasan Gambled That Bitcoin (BTC) Will Be At $1,000,000 In 90 Days

The conversation between James Medlock, a fictitious Twitter speaker, and former a16z partner and Coinbase CTO Balaji Srinivasan has sparked excitement among the world's bitcoin community. Balaji Srinivasan stated yesterday, March 17, 2023, that he is making a massive $2,000,000 wager on Bitcoin (BTC). In 90 days, he is confident that the value of Bitcoin (BTC) will exceed $1 million. If not, he will give his opponent $1 million.

U.Today - 1258 ngày trước

The Largest Asset Manager In The World, BlackRock Investigates Tokenization Of Shares

Larryy Fink, the chairman and CEO of BlackRock, emphasized the exciting advancements taking place in the digital assets market. Although Bitcoin has received a lot of attention in the media over the past year, he pointed out that there are interesting things taking place outside of the headlines like how asset class tokenization might increase capital market efficiency, shorten value chains, and improve investor access and cost.

Finbold - 1258 ngày trước

Coinbase Plans To Introduce A Cryptocurrency Trading Platform Outside Of The United States

According to reports, cryptocurrency exchange Coinbase, which is now based in the United States, plans to establish a crypto trading platform outside the US. The establishment of the non-U.S. platform was discussed by Coinbase with some of its institutional clients. The claimed action was made at a time when many US lawmakers and regulators were criticizing cryptocurrency companies for what they saw as their complicity in the demise of Silvergate Bank, Silicon Valley Bank, and Signature Bank.

cointelegraph - 1258 ngày trước

The Banking Sector Failures Benefit The Decentralized Financial

Due to the recent wave of bank closures across the US, professionals in the crypto firm push for decentralized financial infrastructure as a more safe alternative to the old banking system. Rob Alcorn, CEO and co-founder of DeFi credit marketplace Clearpool, argues that while some failed banks had close linkages to digital assets, the main reasons for their failure were prudential policy decisions that impacted liquidity and market structure.

blockworks - 1258 ngày trước

A Built-In Cryptocurrency Wallet Is Being Tested By Microsoft Edge

Microsoft is secretly creating a built-in cryptocurrency wallet for its Edge browser, according to software preservationist Albacore's tweet about it. Microsoft hasn't formally announced the wallet initiative, and the wallet's introduction pages don't specify which cryptocurrencies it supports. Additionally, it specifies that users must utilize their own cryptocurrency balance and warns that any lost funds will not be replaced.

CryptoSlate - 1258 ngày trước

Ripple Invests In And Collaborates With Singaporean Fund To Speed Up Web3 Adoption

Blockchain Founders Fund and the cryptocurrency payment startup Ripple have established a strategic alliance to create and embrace Web3-focused start-ups. In order to further promote blockchain startups with great potential, Ripple invested in a venture capital fund with a Singaporean base as part of the collaboration. More than 100 Web3-focused businesses are currently included in Blockchain Founders Fund's portfolio including LunarCrush.

U.Today - 1258 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