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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 - 1256 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 - 1256 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 - 1256 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 - 1256 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 - 1256 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 - 1256 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 - 1256 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 - 1256 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 - 1256 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 - 1258 ngày trước

Ripple CEO Brad Garlinghouse Claims Company Still Strong Financially Despite Exposure To SVB

Notwithstanding its connection to the now-defunct Silicon Valley Bank (SVB), Ripple CEO Brad Garlinghouse claims that his company is still financially sound. SVB was a banking partner and held a portion of Ripple's cash balance, according to Garlinghouse. He confirmed there are still many questions about what will happen with SVB, and as with many other situations however, he assured supporters that Ripple is still in a strong financial position.

The Daily Hodl - 1258 ngày trước

Charles Hoskinson Is Ecstatic With DeFi Inflows Into The Ecosystem For Cardano (ADA)

Charles Hoskinson, the creator of Cardano, is pleased with the recent expansion of the Cardano DeFi ecosystem. According to DefiLlama statistics, Cardano's DeFi TVL, or total value locked, has risen to 393.98 million ADA, its highest level since March 2022. Also, Cardano's TVL is worth $135.69 million in dollars, and over 50% of this TVL is made up of Minswap DEX and Indigo. At $11.42 million in TVL, the fourth-largest cryptocurrency is Djed.

U.Today - 1258 ngày trước

InvestAnswers Believes Financial Crisis Is The Best Bitcoin Advertisement For New Traders

The US banking crisis, according to a well-known crypto strategist, is one of the strongest marketing tools for traders interested in Bitcoin (BTC). The anonymous host of InvestAnswers claims in a recent interview on Crypto Banter that he thinks individuals are investing fiat money in BTC out of concern for the financial consequences, saying that people who experienced the Great Recession of 2008, perceive BTC as a more secure form of investment.

The Daily Hodl - 1259 ngày trước

Last Dress Rehearsal For The Shapella Upgrade For Ethereum Has Happened

The highly anticipated Shanghai-Capella, or Shapella, upgrade will debut on the Goerli test network later today as a final run-through before the mainnet launch, which is expected for April. According to the Ethereum Foundation, developers stated that the upgrade will be initiated at epoch 162304 on Goerli, which is anticipated to occur about 6:25 pm EST. If everything goes according to plan, they will deploy the upgrade on the mainnet the following month after testing it on Goerli.

theblock - 1259 ngày trước

Indian lawmakers Are Now Interacting With The Cryptocurrency Sector

The Indian crypto space nearly pulled off a coup by inviting members of the country's ruling party to a conference about Web3. In order to discuss India's G-20 presidency and potential opportunities for India in the Web3 sector, lawmakers were invited to an event called "Namaste Web3". The event was organized by the Indian exchange CoinDCX with support from the industry's policy organization, Bharat Web3, and media outlet Forbes.

coindesk - 1259 ngày trước

Raoul Pal Is Very Bullish On Ethereum, Calls For ETH's Next Price Target

After a month-long market slump, Real Vision CEO Raoul Pal says he is bullish on Ethereum (ETH), the top smart contract platform. At a recent strategy session, the former Goldman Sachs executive suggested that ETH may be preparing for a significant run to the upside. Pal sets price targets for an uptrend in Ethereum of $2,000 to $3,000 per unit. Yet, he asserts that ETH's price can rise even further because it gets burned when used in transitions, increasing its scarcity.

The Daily Hodl - 1259 ngày trước

The XRP Ledger Testnet Now Has Access To Its Ethereum-compatible Sidechain

In a recent tweet, RippleX, which promotes the expansion and development of the XRPL ecosystem, outlines the specifics of the upcoming EVM sidechain on the XRP Ledger. It claims that the XRPL sidechain is compatible with the Ethereum Virtual Machine (EVM) and is accessible on the testnet. With the EVM sidechain bridge, users can create an account and submit a transaction. The EVM sidechain for XRPL's first phase was released in October.

U.Today - 1259 ngày trước

Santander, HSBC, Deutsche, And Others Are Ready To Service Crypto Customers

Following the failure of Silicon Valley Bank (SVB), Signature Bank (SBNY), and Silvergate (SI), cryptocurrency conglomerate Digital Currency Group (DCG) is still seeking new banking partners for portfolio companies. According to the mails, Santander (SAN), HSBC (HSBA), Deutsche Bank (DB), BankProv, Bridge Bank, Mercury, Multis, and Series Finance are still currently open to working with other cryptocurrency companies.

coindesk - 1259 ngày trước

Bitcoin Breaks Over $26,000 As February's CPI Data Shows Stable Inflation

On the strength of the most recent CPI print, which demonstrated that inflation in the U.S. is still very much alive, Bitcoin surged beyond $26,000, a price not seen since last Summer. The Consumer Price Index (CPI), which tracks price changes for a wide range of goods and services, increased 6.0% in the 12 months ending in February, according to data released on Tuesday by the Bureau of Labor Statistics (BLS). This result matched economists' expectations for the index.

Decrypt - 1259 ngày trước

Market Cap For Bitcoin Overtakes Tech Giant Meta And Deepens The Gap On Visa

The failure of Silicon Valley Bank (SVB) and Signature Bank has been a tumultuous week for the cryptocurrency industry, but Bitcoin's (BTC) market valuation has managed to overtake that of software giant Meta. According to data from Companies Market Cap which offers real-time market cap tracking, Bitcoin's market cap has surpassed Meta's market worth of $469 billion to reach $471.86 billion while Visa sits at $450B.

cointelegraph - 1260 ngày trước

Colombian Prepaid Card Has Been Issued By Binance Cryptocurrency Exchange

The largest crypto exchange by traded volume, Binance, is taking steps to increase its service offerings in Colombia which includes the release of a new prepaid card linked to cryptocurrencies that would enable users to make crypto payments at retailers that accept conventional debit and credit cards. The card will offer real-time crypto to fiat money conversion, enabling users to instantly spend crypto and merchants to instantly receive fiat.

Bitcoin News - 1260 ngày trước

Despite Multiple Failures, Bitcoin Still Dominates Bank Stocks

Bitcoin is rising as well as bank stocks are collapsing and this is happening not just in the US, but all throughout the world. JPMorgan Chase, Wells Fargo, and Citigroup and some majority of top US bank equities year to date are being dominated in comparison to bitcoin. This year, Bitcoin has increased by more than 47%. JPM and WFC are already in the red for 2023 after this morning's massive bank stock sell-off, down 2.2% and 6%, respectively.

blockworks - 1260 ngày trước

Opening Of Trading For Bitcoin Futures Event Contracts Is Done By CME Group

Event contracts on BTC futures trading began at the world's largest derivatives exchange, CME Group. The new product will complement the company's current lineup of ten event contracts connected to its benchmark futures markets. Also, it offers a limited-risk, highly transparent way for a wide spectrum of investors to join the bitcoin market via a fully regulated exchange, says Tim McCourt, Global Head of Stock and Currency Products at CME Group.

theblock - 1260 ngày trước

Arthur Hayes Thinks The Bull Market Will Begin Soon

The co-founder of the cryptocurrency exchange BitMEX, Arthur Hayes, has expressed his bullish stance on the industry, saying that he thinks the market is about to go into a bull phase following the recent disaster brought on by the SVB liquidation and the USDC's depegging. The timing of Hayes' statement coincides with a period of extreme market volatility, which is caused by the popular stablecoin USDC's depegging resulting in a large market-wide price decline.

U.Today - 1260 ngày trước

Circle Extends Partnership Tie With BNY Mellon And Selects Cross River As A Banking Partner

Circle has stated that its new commercial banking partner for creating and redeeming USD Coin (USDC) is Cross River Bank, known for its services to fintech and cryptocurrency companies like Visa and Coinbase. In order to help with USDC redemption, Circle has also extended partnerships with other financial partners, including Bank of New York Mellon (BNY Mellon), which already offers custody services for Circle's reserves.

cointelegraph - 1260 ngày trước

Single Miner Was Very Fortunate To Solve Bitcoin Block For A $148K Reward

In spite of the fact that many other miners were competing for the same payout, a lone Bitcoin (BTC) miner was awarded for adding block 780,112 to the network. The miner created a solo mining pool using the Solo CK Pool mining service, earning a reward of 6.25 BTC and a fee reward of roughly 0.63 BTC, totaling about $148,000. Even though computer power they had available was little, the miner was still obtaining the correct hash.

Decrypt - 1261 ngày trước

Nissan Registers Four New Web3 Trademarks To Conducts Metaverse Sales Trials

Nissan, a Japanese automaker, is the most recent automaker to step up its Web3 efforts. It has filed four new Web3-related trademarks in the US, and its Japan unit is experimenting with metaverse auto sales. Nissan submitted new trademark filings for its Infiniti, Nismo, and Nissan trademarks to the United States Patent and Trademark Office (USPTO) as it plans to develop virtual apparel, vehicles, headgear, toys and a market for exchanging NFTs.

cointelegraph - 1261 ngày trước

In Just One Week, Whales And Sharks Have Accumulated $821 Million In Bitcoin

Two significant investor cohorts buy Bitcoin, according to a crypto analytics firm, as the king crypto's value dropped below $20,000 last week. According to Santiment, Bitcoin whales and sharks, or addresses holding 10 to 10,000 Bitcoin, acquired 40,557 BTC in the last week, totaling an astounding $821.50 million. The analytics company claims that after last week's slump, traders have moved their attention away from altcoins and toward Bitcoin.

The Daily Hodl - 1261 ngày trước

Binance's $1 Billion Industry Recovery Fund Converted To Bitcoin, Ethereum, And BNB

Binance, the largest exchange in the world by trade volume, announced revisions to its $1 billion industry recovery fund, which is meant for assisting crypto projects who experienced liquidity problems like the fall of FTX. In order to allay the worries of crypto projects and traders, Changpeng Zhao, the CEO of Binance, addressed the uncertainties and proposed the conversion of the recovery fund to Bitcoin, Ethereum, and Binance Coin.

FXStreet - 1261 ngày trước

The Cardano Founder Claims That Algorithmic Stablecoins Are Necessary For Bitcoin's Potential

In order to completely realize the original concept of Bitcoin, according to Cardano founder Charles Hoskinson, algorithmic stablecoins are crucial in the long run. This comes in the aftermath of the controversy surrounding Silicon Valley Bank and Silvergate. Hokinson said he's still firm that the crucial area of research for realizing the original intent of BTC is algorithmic stablecoins. Also, As long as they are fractional, banks will let you down.

U.Today - 1262 ngày trước

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 - 1262 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 - 1262 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 - 1262 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 - 1262 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 - 1262 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 - 1263 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 - 1263 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 - 1263 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 - 1263 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 - 1263 ngày trước