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Crypto News

Soccer's Premier League Collaborates With Sorare, A Virtual Sports Gaming Company

The French fantasy sports gaming firm Sorare and the English Premier League have signed a four-year licensing agreement. With the help of licensed digital card players, fans of the English Premier League can create teams to compete in Sorare's online game. Also, Sorare's digital cards and creative online game represent a new way for [fans] to feel closer to the Premier League whether they are watching in the stadium or from around the world.

theblock - 1301 ngày trước

Kazakhstan's Parliament Passes Legislation Governing Cryptocurrency Exchange And Mining

A bill intended to control crypto use and related activities in Kazakhstan has been approved by the Senate of the Central Asian country. The country's crypto ecosystem can be established thanks to the new law On Digital Assets in the Republic of Kazakhstan. After considering the full package, members of the upper house of parliament decided to suggest a few changes to the Mazhilis, which had previously passed its own version of the legislation.

Bitcoin News - 1302 ngày trước

Study Finds That 82% Of Millionaires Seek Guidance On Cryptocurrencies

Despite the market having a challenging year in 2022, eight out of ten high net worth (HNW) individuals have questioned their financial advisors about incorporating cryptocurrencies, such as Bitcoin, into their portfolios over the last 12 months. A study conducted by financial advisory firm deVere Group found that 82% of clients with investable assets between £1 million and £5 million sought guidance on cryptocurrencies.

Finbold - 1302 ngày trước

Twitter Is Getting Ready For Digital Payments, May Include Bitcoin

Elon Musk's Twitter has started requesting regulatory licenses across the United States in an apparent effort to start accepting payments through the service. The Financial Times source claims that Musk has said he wants Twitter to accept fiat payments, adding Bitcoin to it. This would not be the first time Elon Musk's companies have made BTC transactions easier. The opportunity for Musk to take bitcoin for his Tesla electric automobiles was previously made available.

Bitcoin Magazine - 1302 ngày trước

Japanese Recruiting Firms Are Using Metaverse Technology During Hiring

The recruitment and job-search scene in Japan has now integrated the use of metaverse technology. At a metaverse job fair, which attracted over 2,000 students, attendees could interact with recruiters via virtual avatars and consider the pros and cons of each job opportunity. According to Asahi Shimbun reports, participants were free to raise sensitive issues pertaining to these employment offerings because of the anonymity provided by the metaverse.

Bitcoin News - 1302 ngày trước

Ethereum Added 130,000 New Unique Addresses Per Day In 2023

Prior to the Shanghai update in 2023, the Ethereum (ETH) network is currently displaying some promising signs as the data from Etherscan on January 30 shows that Ethereum added 129,869 new unique addresses each day in the first month of 2023. In fact, on January 1, 2023, there were 217,599,463 unique addresses for Ethereum. On January 29, 2023, there were 221,365,692 unique addresses, meaning and increase of 3,766,229 in that time.

Finbold - 1302 ngày trước

Brazilian Prepaid Crypto Card To Be Introduced By Mastercard And Binance

The Mastercard-powered Binance prepaid card is anticipated to offer cryptocurrency holders in Brazil a new degree of accessibility and convenience which is an interesting step for the global and Brazilian crypto ecosystem. Users of the Binance prepaid card will convert and use their crypto holdings just like they would with any other debit card and also have the freedom to select from multiple crypto that will be supported by the card.

BeInCrypto - 1302 ngày trước

The Digital Yuan Pilot Program In China Is Expanded To 17 New Provinces

With the launch of the central bank digital currency (CDBC) in 17 provinces, the People's Bank of China continues to extend the pilot program. The central bank will develop a system that enables users to only scan with one code. It has worked very hard to turn the digital yuan into a useful payment method. A CBDC is in line with China's current focus on digital payments. Over the past 18 months, the central bank has gradually increased the CBDC's reach and visibility.

BeInCrypto - 1302 ngày trước

Elon Musk Reaffirms Offer To Eat Happy Meal If McDonald's Accepts Dogecoin

Elon Musk, the CEO of Tesla, SpaceX, and Twitter, has reaffirmed his promise on eating a McDonald's Happy Meal on TV if the fast food chain accepts dogecoin. The billionaire's offer was tweeted on January 25, 2022 and McDonald's turned down his offer at the time. When Twitter user Dogedesigner questioned Musk if his offer was still open, the Tesla CEO expressed his continued commitment to his promise by responding with the 100 emojis.

Bitcoin News - 1303 ngày trước

Nigeria Sees A 60% Increase In Bitcoin Prices As The Nation Restricts ATM Withdrawals

Nigeria's price of Bitcoin has risen to levels much above those of the worldwide market as the country's central bank continues to encourage the use of digital currency by its people. Currently, 1 BTC costs 17.8 million naira ($38,792) on the Nigerian cryptocurrency market NairaEX. Over the price of Bitcoin on the market right now, which is about $23,700, this represents a premium of more than 60%.

cointelegraph - 1303 ngày trước

Coinbase And Binance Exchanges Hold 55% Of All Ethereum (ETH) Holdings

55% of Ethereum (ETH) exchange assets are reported to be on the cryptocurrency exchanges Coinbase and Binance, according to blockchain analytics company Nansen. A graph published by the blockchain analytics company shows that 35% of Ethereum exchange balances are maintained on Coinbase Exchange, while 20% are held on Binance. This implies that 55% of the Ethereum (ETH) balances stored on exchanges are spread across the two exchanges.

U.Today - 1303 ngày trước

Bitcoin Difficulty Reaches New Highs, Increasing By 4.68% And Strengthening Network Security

The second largest upward adjustment in a year has seen Bitcoin's difficulty jump by 4.68%, setting a new record. The fundamental programming of Bitcoin adjusts the blockchain's difficulty based on network mining activity. A blockchain with a higher degree of difficulty is more secure since an effort to attack the network requires more energy. Additionally, when the difficulty increases relative to the global hashrate, it gets more difficult to mine new blocks.

cryptoslate - 1303 ngày trước

Autofarm Secures a $500,000 Investment from Poolz Finance

Decentralized cross-chain IDO platform Poolz Finance has invested $500,000 into Autofarm Network. Autofarm is a tier one cross-chain yield DeFi aggregator which recently launched its own AI research wing, aimed at integrating AI with decentralized finance. The strategic investment marks the first step in a long-term partnership between the two companies. The announcement was made by Poolz Finance via its official Twitter handle. With this investment, Poolz Finance and Autofarm aim to bring more innovation and growth to the DeFi space.

Twitter - 1303 ngày trước

Hedge Fund Founder Shares His Bullish Take On Bitcoin, Predicts Price Mark Over $100,000

By the end of 2024, according to Ari Paul, the founder of the cryptocurrency hedge fund BlockTower Capital, the price of One Bitcoin might reach $100,000. Given the macroeconomic environment at the moment, Bitcoin reaching its double all-time high roughly $110,000 seems realistic, albeit a difficult scenario. According to Paul, this aim might even be cautious if financial markets behave in a similarly risk-taking manner as they did in 2021.

U.Today - 1303 ngày trước

Institutional Investors Believes That Bitcoin Will Have "Strong Year", To Reach $100K Mark

The results of a study conducted by Nickel Digital Asset Management on how high institutional investors anticipate the price of bitcoin to go up were released recently. According to the recent survey, institutional investors are optimistic about bitcoin's long-term value and anticipate a successful year for the cryptocurrency. Furthermore, 65% of the institutional investors polled concur that the price of bitcoin might rise to $100,000.

Bitcoin News - 1303 ngày trước

New York Senate Bill Proposes Legalizing Crypto for Payment in State Agencies

A new bill submitted to the New York Senate aims to legalize the use of several crypto as payment for state entities.Taking crypto as payment for fines, taxes, and other state-imposed costs would fall under this category. The law defines crypto as any type of digital money which regulate the generation of units of currency and verify the transfer of funds and the accepted crypto are described in the law as being BTC, ETH, Litecoin, and BTC Cash.

CryptoPotato - 1304 ngày trước

DeFi Users Continue To Grow Through 2023 Despite An Uncertain Industry

The number of active people working in the crypto industry hasn't decreased despite some difficult and unstable times. On the contrary, new data indicate that it has increased even though its rate of expansion has decreased. DeFi users numbered just 189 at the end of December 2017, according to the rounded numbers for the end of each month, but by January 9, 2023, they totaled 6,686,500, a growth of 3,537,730% over five years.

Finbold - 1304 ngày trước

Litecoin Hashrate Reaches An All-time High, While Difficulty Increases

The Litecoin network has received a substantial quantity of hashrate during the past 30 days as the blockchain's computing power increased 38%, from 576 terahashes per second on December 28, 2022, to the all-time high of 798 TH-s on January 25, 2023. Litecoin's hash rate is about 691 TH-s, which is 20% more than it was the previous month. Litecoin's price has also been rising as LTC's worth has risen 34% over the last 30 days.

Bitcoin News - 1304 ngày trước

Blockchain Is Introduced In Data Access Law In Sao Paolo

In its newly enacted municipal data and transparency law, the city of Sao Paolo has incorporated the idea of blockchain as a technology that is utilized to assist the state in carrying out its duties. Blockchain is seen as an immutable ledger that uses a computer network to record transactions and track assets. The technology is seen as a helpful tool, however the law doesn't specify how it can speed up processes involving data access and transparency.

Bitcoin News - 1304 ngày trước

Over 44,000 New Bitcoin Millionaires Are Created As The Cryptocurrency Market Recovers

Bitcoin is generating news as it achieves new heights and creates a new class of millionaire owners. These new affluent BTC owners have taken advantage of the market recovery in 2023 to enter the group of crypto millionaires. Data shows that as of January 28, there were 72,483 BTC millionaire addresses, an increase of 44,399 or 61% over the number of 28,084 BTC millionaire holders on January 5. Over this time, Bitcoin has increased by around 37%.

Finbold - 1304 ngày trước

California DMV Will Use Tezos To Digitize Its Car Title Management System

The digitalization of vehicle titles and title transfers using a personal Tezos blockchain is now being tested by the California Department of Motor Vehicles (DMV). The move is a result of a partnership between the California DMV, Tezos, and blockchain software company Oxhead Alpha, which announced that a proof-of-concept had been successful. Also, The California DMV has hired Oxhead Alpha to replicate the agency's present database on a blockchain.

cointelegraph - 1304 ngày trước

IOTA (MIOTA) Participates In EU Blockchain Initiative

According to the official blog of the crypto start-up, IOTA has been chosen to take part in the next round of development and testing of a solution to deliver enhanced pan-European blockchain services based on a distributed ledger. The European Blockchain Pre-Commercial Procurement project seeks to determine whether blockchain technology can be improved and applied to new and existing use cases for the European Blockchain Services Infrastructure.

U.Today - 1305 ngày trước

Matrixport Believes That United States Institutions Account For 85% Of Bitcoin Purchases

According to the chief strategist of Matrixport, institutional investors are not giving up on crypto, suggesting that as many as 85% of Bitcoin purchases were made by American institutional players. The head of research and strategy at the financial services company, Markus Thielen, believes that the evidence suggests that institutions are not given up on crypto and that this may be a sign that a new crypto bull market is about to begin.

cointelegraph - 1305 ngày trước

Bitcoin Difficulty To Increase By 3.82% To An All-time High Of 39 Trillion

According to current projections, the Bitcoin network's difficulty will rise by around 3.82% in less than 24 hours. Currently at an all-time high (ATH) of 37.59 trillion, the mining difficulty is predicted to reach 39.03 trillion with a 3.82% increase. Each miner must do 39.03 trillion hashes in order to mine a block at that degree of difficulty since the amount of hashes needed to create a block is directly proportional to the difficulty level.

Bitcoin News - 1305 ngày trước

Unknown Crypto Whale Quickly Transfers 3,312,307,240,798 SHIB Tokens In Surprisingly Transaction

A wealthy cryptocurrency whale has unexpectedly started to move more than 3 trillion Shiba Inu (SHIB) in advance of the blockchain project's anticipated important upgrade. A crypto whale transferred an astonishing 3,312,307,240,798 SHIB, worth at $38,257,148 at the time of writing, from one unknown wallet to another although the transmitting wallet has no SHIB balance right now but got around the same amount of SHIB from an unidentified wallet.

The Daily Hodl - 1305 ngày trước

POS Clover Partners With Strike To Bring Bitcoin Lightning Network Payments To Merchant

Jack Mallers, the CEO of Strike, announced that Strike is now an integrated partner with Clover's parent business, the payments behemoth Fiserv. A pilot interface between Strike and Clover has since been established, enabling businesses to accept bitcoin over the Lightning Network. His announcement confirms that the integration is not just for Strike. As an alternative, businesses will be able to accept Lightning payments from any source.

Bitcoin Magazine - 1305 ngày trước

Amazon Is Launching An NFT Initiative That's Centered On Blockchain Gaming

A recent report shows that e-commerce behemoth Amazon will begin an NFT project in the spring of 2023 that will concentrate on blockchain gaming and related NFTs. Despite the fact that the project is still in the planning stages, Blockworks has learned from four unnamed sources that April is the target date for its launch. According to one source, one of the use cases will let Amazon customers play games based on the blockchain and get free NFTs.

cryptoslate - 1305 ngày trước

Shiba Inu (SHIB) Now Accepted at Vietnam's Top Water Sports Destination

Shiba Inu owners can now reserve activities like scuba diving, kayaking, snorkeling, and other water sports in Phu Quc, Vietnam's top water sports resort, using their SHIB assets. Travel agency Travala makes this possible. Shiba Inu is becoming more useful as more companies and brands announce their support for it as a payment option. Shiba Inu (SHIB) had received support from Travala in December 2021.

U.Today - 1306 ngày trước

As The Price Of MATIC Increases By 10%, Polygon Flips Ethereum For Daily Active Users

In terms of market capitalization, Polygon is currently among the top ten crypto assets with a $9.7 billion value. This year, the Ethereum layer-2 scaling network has become stronger. However, Polygon has moved up to second place with 340,000 daily active users, significantly surpassing Ethereum's at 320,000. A closer estimate of 400,000 daily active chain addresses is reported, according to Polygonscan. In addition, over the previous two weeks, the metric rose by 21%.

BeInCrypto - 1306 ngày trước

Senator Ted Cruz Wants Capitol Hill Vendors To Accept Bitcoin For Payment

As evidence of Republicans' persistent attention on regulations governing digital assets, Senator Ted Cruz submitted a bill in the Senate that calls for bitcoin payments within the Capitol. The proposal makes mention of locations within the Capitol where digital payments might be accepted by vendors, such as gift stores and vending machines. Cruz had campaigned for the adoption of Bitcoin as a method of payment within Capitol facilities.

Decrypt - 1306 ngày trước

VeChain Collaborates With The United Nations To Boost Sustainability

The VeChain (VET) blockchain is steadily advancing toward its objective of serving as the mainstay of blockchain-based sustainability in the real world. In fact, the VeChain Foundation revealed recently that it would make use of the VeChain blockchain to accomplish the 17 Sustainable Development Goals set forth by the United Nations while trading at $0.02378 in the past 24 hours, up 6.78% and with the market cap about 18.12%.

Finbold - 1306 ngày trước

Cardano Gains 50,000 Wallets In January As ADA's Market Value Is Flooded With $4.5 Billion

The Cardano (ADA) blockchain ecosystem keeps growing into 2023, with the network witnessing several advances in the first month of the year. A total of 51,868 wallets have been added to Cardano since the start of the year, up from 3,842,867 on Jan 1 and 3,894,735 as of Jan 25. Also, Cardano had a market cap of $8.46 billion whereas it has a total value of $13.06 billion now, meaning that in less than a month, its market cap has grown by $4.6 billion.

Finbold - 1306 ngày trước

First Parliamentary Discussion About Cryptocurrency Regulations Occurs In The UK

On January 25, UK lawmakers held a parliamentary discussion on cryptocurrencies and regulation. While lawmakers were quick to point out gaps in existing regulation, there were not many specifics provided as to what regulation might actually look like. The chancellor of the exchequer, Jeremy Hunt, promised clarification on cryptocurrency in the U.K. in a preamble to the debate that was posted on the website of the U.K. parliament.

cryptoslate - 1306 ngày trước

Aave Plans To Introduce Third Version Of Its Ethereum-based Crypto Lending System

Following a successful DAO vote, DeFi lending platform, Aave is prepared to release the third version of its protocol on Ethereum. Seven assets, including wrapped bitcoin, wrapped ether, wrapped staked ether, USDC, DAI, link, and aave, will be supported when Aave v3 on Ethereum launches. DeFi risk manager Chaos Labs suggested these investments and the Aave DAO approved Chaos Labs' risk-off strategy for the launch of Aave v3 on Ethereum.

theblock - 1306 ngày trước

Despite The Industry Bloodbath, Blockstream Raises $125 Million For Bitcoin Mining

Blockstream, a bitcoin technology firm, has secured $125 million to expand into the Bitcoin mining market, where the major competitors have been fighting to survive. According to Erik Svenson, this funding enables them to quicken the income growth they established with their 2021 Series B and to keep constructing the foundation for the future Bitcoin economy. In a news release, the President and CFO of Blockstream.

Decrypt - 1307 ngày trước

After The United States And Canada, Australia Ranks Third In The World For Crypto ATM Installations

The Australians didn't reach the fourth rank until the first few days of January but rather entered the top three countries internationally by the number of crypto ATMs, despite the bear market and the record-low dynamics of new Bitcoin ATM installations worldwide. Australia currently has 234 crypto ATMs, placing her third internationally after the United States and Canada. It also outperformed Spain, which has 222 crypto ATMs, in three weeks.

cointelegraph - 1307 ngày trước

Despite Market Volatility, Elon Musk's Tesla Kept Its Bitcoin In The Fourth Quarter

Tesla, a maker of electric vehicles, refused to sell any more Bitcoin in the second half of 2022 despite reducing its holdings by 75% in the first quarter. For the second consecutive quarter, according to Tesla's financials, it neither bought nor sold any of its Bitcoin, as reported in its Q4 results announcement on Jan. 25. This was true notwithstanding the significant market turbulence that followed the collapse of FTX in November and December.

cointelegraph - 1307 ngày trước

Goldman Sachs Says Bitcoin Is The Best-Performing Asset In 2023

The banking behemoth has named Bitcoin (BTC) as the best-performing asset in the world this year, despite the significant setbacks the cryptocurrency industry saw in 2022, including numerous bankruptcies and fraud investigations. A report by Goldman Sachs, a previous vocal opponent of Bitcoin, shows that the first cryptocurrency has outperformed the S&P 500, gold, real estate, and the Nasdaq 100 this year.

Finbold - 1307 ngày trước

France Grants Crypto Companies Additional Time To Comply

French lawmakers have taken a softer stance on cryptocurrency licensing in the nation, giving businesses more time to comply with new requirements throughout all of Europe. The members of the National Assembly approved an amendment put forth by center-left politician Daniel Labaronne, allowing current cryptocurrency businesses to continue operating without a complete license until the European Union's historic crypto legislation are implemented.

Decrypt - 1307 ngày trước

.SWOOSH, Nike's Flagship Web3 Venture, Built On Polygon, Goes Live on Jan. 25

.SWOOSH, a community-driven platform for Web3 digital art built on Polygon, launches this Wednesday, Jan. 25, 2023, according to a statement made by Jasmine Gao, Nike's senior product manager. The technical foundation of the new release is Polygon Network (MATIC), a high-performance EVM-compatible blockchain. The debut line was influenced by Nike's illustrious Air Force 1 shoe line.

U.Today - 1307 ngày trước