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Crypto News

Rich Dad Poor Dad' Author Calls Bitcoin A Hedge Against Sick Economy

Robert Kiyosaki, the best-selling author of the book "Rich Dad, Poor Dad," has urged his followers to buy silver, gold, and Bitcoin to protect them from a weak economy. The news that the Fed will offer additional liquidity to assist regional U.S. banks caused Bitcoin to gain by more than 10%, rebounding briefly to heights above $22k. The crypto market gained more than $60 billion and it has passed the $1 trillion valuation threshold once more.

Twitter - 1265 ngày trước

Despite The SEC Crackdown, Coinbase Reassures That Staking Services Will Continue

Coinbase has reassured users that its staking services will continue and also "may actually increase" on staking services provided by centralized providers despite the recent crackdown by the United States Securities and Exchange Commission (SEC). Coinbase detailed its modified staking terms and conditions beginning on March 29 as it makes it clear that customers receive benefits through decentralized protocols rather than the exchange itself.

cointelegraph - 1265 ngày trước

The Total Number Of Transactions Shows That Litecoin Surpasses Dogecoin

Investors frequently pay attention to other growth performance when the market is down because it demonstrates which protocols have strong fundamentals and which do not. This indicator, which in the case of Litecoin is the network's transaction count, showed that it outperformed other leading cryptocurrencies like Dogecoin (DOGE) over the previous six months and according to the protocol, only BTC is rated higher within the specified time period.

U.Today - 1265 ngày trước

South Dakota Governor Vetoes A Bill That Excluded Cryptocurrency From The Definition Of Money

The South Dakota governor, Kristi Noem, exercised her veto power on legislation that sought to redefine money to exclude cryptocurrency. Noem informed South Dakota House Speaker Hugh Bartels on March 9 that she had vetoed House Bill 1193, which sought to change the Uniform Commercial Code (UCC) of the state to specifically exclude cryptocurrencies and other digital assets, with the potential exception of central bank digital currencies (CBDCs).

cointelegraph - 1265 ngày trước

Lego And Fortnite Creator, Epic Games Collaborates To Join The Metaverse Market

The popular Danish toy company, Lego, is getting ready to extend its range of entertainment services by focusing on the metaverse. According to the Financial Times, the company is partnering with Epic Games, the maker of the well-known video game Fortnite and a provider of gaming engines, to create a virtual world that will assist it in extending its market share and growth trend by foraying into new digital marketplaces.

Finbold - 1265 ngày trước

Users Can Now Sell Cryptocurrency Within The Brave Browser Wallet

The launch of a new feature enables users to not only buy cryptocurrency but also sell it for fiat currencies like United States dollars, euros, and British pounds was announced by privacy-focused web browser Brave on Friday. The demise of well-known cryptocurrency companies like Celsius and FTX has given self-custody and the maxim "not your keys, not your money" new life as Brave claims that it seeks to make crypto self-custody simpler.

Decrypt - 1266 ngày trước

Parent Business Of Facebook, Meta Is Currently Investigating Decentralized App

A recent article report claimed that Facebook's parent firm, Meta Platforms (META) is developing a decentralized text-based app. The app will be a stand-alone solution for text update sharing as a Meta spokesperson stated that there might be an opportunity where creators and public figures can offer timely updates about their interests and also, users signing in using their Instagram credentials to access Instagram, a Meta-owned social media platform.

coindesk - 1266 ngày trước

Nigeria's President-Elect Wants To Implement Blockchain Technology In The Banking Industry

Bola Tinubu, the newly president-elect of Nigeria, recently unveiled a manifesto that, if adopted, will permit the usage of cryptocurrencies and blockchain technology in the country's banking and financial industry. To make existing Nigerian Securities Exchange Commission (SEC) laws on digital assets more business-friendly, the manifesto advises revisiting them as cryptocurrencies and other digital tokens, is provided under the new rule.

cointelegraph - 1266 ngày trước

Cathie Wood Continues To Be Optimistic About Cryptocurrencies, Especially Bitcoin

At a recent conversation with journalist and investor Anthony Pompliano at the Lyceum Miami, Cathie Wood, founder and CEO of the investment management firm ARK Invest, reaffirmed her optimism regarding Bitcoin and other cryptocurrencies. Despite some recent setbacks to the larger cryptocurrency economy, like the failure of both FTX and Silvergate, Wood says she remains confident in her investing strategy and forecast for the sector.

CryptoSlate - 1266 ngày trước

Standard Chartered Will Provide Bitcoin And Crypto Custody In The Europe Through A Subsidiary

The Standard Chartered-owned Bitcoin and cryptocurrency custodian Zodia Custody Ltd. has been registered as a virtual asset service provider in Luxembourg, expanding its reach in Europe. According to an interview with Bloomberg News, John Cronin, the CEO of Zodia Custody Ireland, disclosed that the London-based firm will soon announce the registration of its Irish subsidiary with the Commission de Surveillance du Secteur Financier in Luxembourg.

Finbold - 1266 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