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Crypto News

Bitcoin Has Never Been Shut Down In The Ten Years Since It First Went Live

By operating continuously for ten years without experiencing any downtime, Bitcoin has marked an important turning point in its history and paved the way for a new era of decentralized finance. In particular, recent data published by Reddit user Tasigur1 on March 17 shows that Bitcoin has operated flawlessly for the past 10 years, constantly, 24 hours a day, seven days a week. The duration is equivalent to 3,650 uninterrupted days of operation.

Finbold - 1259 ngày trước

The Ethereum Co-founder Hails Gary Gensler As The Shining Hero Of Decentralization

Gary Gensler, chairman of the SEC, was hailed as a "shining knight of decentralization" by Ethereum co-founder Joseph Lubin. Lubin spoke frankly about recent regulatory enforcement activities while praising Gensler as a catalyst for decentralization during his speech at ETH Denver, stating that the exchange's staking product was centralized, making it a security offering, using the most recent example of SEC enforcement action against Kraken.

CryptoSlate - 1259 ngày trước

Arthur Hayes Believes That Bitcoin Might Reach $1 Million

Arthur Hayes, a former CEO of BitMEX, has reaffirmed his forecast that Bitcoin (BTC) will be worth $1 million, citing China's recent reduction in the reserve requirement ratio (RRR) as a factor that will increase the cryptocurrency's value. According to a prior prediction by Hayes, Bitcoin will hit $1 million by 2030 due to the "HODL culture," in which consumers steadfastly refuse to sell their holdings in expectation of a big price increase.

U.Today - 1259 ngày trước

The FDIC Denied Ordering Signature Buyers To Halt All Cryptocurrency Transactions

A representative of the U.S Federal Deposit Insurance Corporation (FDIC) has refuted claims that any potential buyer of Signature Bank would be obliged to sell their crypto holdings as part of a rescue plan. Reuters reported two persons that stated that any acquirer of Signature will stop all BTC transactions with the bank. But, an FDIC representative said that the firm would not demand any sale including a divestiture of crypto-related activity.

cointelegraph - 1259 ngày trước

Signum Digital Claims To Receive The First Approval To Sell Security Tokens In Hong Kong

The first firm to receive approval-in-principle in Hong Kong to run a platform to trade security tokens is Signum Digital, a joint venture between banking conglomerate Somerley Capital Holdings and digital asset advisory firm Coinstreet Holdings. The security tokens, or STOs, are traded on a blockchain and linked to asset classes, like private equities, real estate and collectibles while providing professional investors with a platform.

Forkast - 1259 ngày trước

The CEO Of Messari Projects That Bitcoin Will Reach $100,000 In 12 months

Ryan Selkis, the CEO of data analytics company Messari, has provided a brand-new positive estimate on the future price of Bitcoin, saying that during the next 12 months, it will reach a price of $100,000, amidst the continued difficulties in the broader banking industry. Being one of the few outspoken Bitcoin supporters in the U.S. today, Ryan's justification for the lofty price estimate is based on the likelihood that firms will buy the asset.

U.Today - 1259 ngày trước

EU Digital Wallet Legislation Will Be Finalized By Vote In The European Parliament

By voting to forward the initiative to interinstitutional negotiations in plenary, European lawmakers have advanced the adoption of a digital wallet for the entire European Union. On March 15, the European Parliament decided to proceed with the process of obtaining a mandate for those talks. At the vote in the plenary, 418 legislators voted in favor of the proposition, 103 legislators abstained, and 24 legislators did not vote at all.

cointelegraph - 1259 ngày trước

After The Airdrop Announcement, Google Queries For Arbitrum Increased

As the Arbitrum Foundation launched an airdrop, Google searches for Arbitrum, the largest layer 2 scaling mechanism on Ethereum, have increased over the previous 24 hours. China appears to be a particular target for interest in Arbitrum, as seen by its dominance in the "interest by region" section of Google Trends. The introduction of the new token is a step towards Arbitrum's transformation into a decentralized autonomous organization (DAO).

coindesk - 1259 ngày trước

The Launch Of A Critical Cardano Upgrade Drives Up The Price Of ADA

The Cardano (ADA) team just released a critical update to its network called the Cardano Node version 1.35.6, which primarily relates to P2P support, offering dynamic P2P capability to the Cardano Node, and promises to increase network resiliency. After the upgrade went live, the price of the ADA coin shot up. At the moment, it was trading at $0.3439, up 10.71% over the previous week and 4.37% on the day, reversing losses of 11.30% on its monthly chart.

Finbold - 1259 ngày trước

'Big Four' Australian Bank Issues A Stablecoin On Ethereum Blockchain

One of the "big four" banks in Australia claims to have used its own stablecoin using Ethereum to accomplish the first intra-bank cross-border transaction. The transaction, which was a part of a National Australia Bank pilot for a AUD-backed stablecoin, involves the stablecoin smart contracts for seven of the important global currencies and the NAB plans to launch them under the ticker "AUDN," as it will be treated as a liability on its books.

blockworks - 1261 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