April 13, 2021

HGC, DCConnect Global, and QLC Chain successfully prove MEF LSO APIs and DLT enables Order to Cash for data services

CryptoNinjas » HGC, DCConnect Global, and QLC Chain successfully prove MEF LSO APIs and DLT enables Order to Cash for data services MEF members HGC Global Communications (HGC), DCConnect Global, and QLC Chain under the auspices of MEF have successfully collaborated in their MEF Proof-of-Concept (PoC) that leverages MEF Lifecycle Service Orchestration (LSO) APIs with Distributed Ledger Technology (DLT) to create Smart Bilaterals for end-to-end ordering, billing, and settlement of data services. As part of the MEF’s new Commercial and Operational framework (W114), this PoC is a key foundational step to demonstrate how we can overcome cross-partner business process integration challenges across the telco service value chain that cost the telecom industry hundreds of millions of dollars annually. Telecom service providers invest significant amounts in systems and resources for external-facing commercial transactions with their telecom partners. When service providers partner […]
April 12, 2021

Moonstake integrates with Sylo to bring their staking protocol to the Sylo Smart Wallet

CryptoNinjas » Moonstake integrates with Sylo to bring their staking protocol to the Sylo Smart Wallet Moonstake, a staking pool protocol and service provider, has announced a new partnership with Sylo, a decentralized software development firm and the creators of the Sylo Network and Sylo Smart Wallet. Through this collaboration, Moonstake will connect Sylo with their robust API/SDK solution, thereby enabling staking functionalities in the Sylo Smart Wallet and allowing Sylo users to earn passive income from their idle crypto assets. Founded in 2010, Sylo is committed to decentralization and has created an ecosystem consisting of digital consumer wallet software, applications, infrastructure, and developer tools in order to usher in a decentralized future worth looking forward to. A unique wallet app that combines digital asset management with decentralized communication, the Sylo Smart Wallet is a savvy decentralized e-wallet that enables […]
April 12, 2021

Poker Prospers in Blockchain’s Promising Landscape

Gambling may be no stranger to the blockchain, but poker’s appeal amongst players has only expanded further as poker sites embrace bitcoin and Covid-19 moves gameplay increasingly online. Famed Game Puts Spotlight on Varied Blockchain Use Cases Although online betting and gaming were already widely popular before the emergence of blockchain, as the technology has played a pivotal role in gaming’s ongoing transition. Online poker was one of the earliest games to join the blockchain framework due to the inherent fairness and equity that accompanies distributed ledger technology, not to mention the legal woes it faced. Users from all over the world could join these platforms and verifiably trust that their funds would be kept safe. The discretion of using bitcoin to transact didn’t hurt either, given the anonymous nature of this payment method, allowing players restricted by regulation and […]
April 12, 2021

WAX introduces first Topps baseball cards on the blockchain

CryptoNinjas » WAX introduces first Topps baseball cards on the blockchain Worldwide Asset Exchange (WAX), an NFT-based blockchain & decentralized wallet, announced the coming launch of a new baseball card NFT collection via its partnership with Topps. Collectors have enjoyed finding their favorite players on cards for decades, and now MLB makes its way into the digital blockchain era. On Tuesday, April 20th at 1 PM ET, Topps will release these baseball cards as NFTs for the first time. The cards will depict artwork from the physical 2021 Topps Series 1 Baseball release. Consumers will be able to collect officially licensed Topps MLB NFT collectibles that have been digitally enhanced and reimagined. “We’re excited to be working with a venerable heritage brand like Topps to tokenize MLB trading cards for the modern collector,” said William Quigley, co-founder of WAX. “The WAX […]
April 12, 2021

Binance launches zero-commission tradable stock tokens

CryptoNinjas » Binance launches zero-commission tradable stock tokens Binance, the blockchain company behind the world’s largest digital asset exchange, today announced the launch of zero commission tradable stock tokens to broaden access across traditional capital and cryptocurrency in cooperation with CM-Equity AG, a licensed investment firm in Germany, and Swiss-based Digital Assets AG, an asset tokenization platform. The first stock tokens announced will be of Tesla, the largest automaker by market capitalization, and their minimum trade size is one-hundredth of a stock token, representing the same fraction of a Tesla share. Stock tokens are priced and settled in Binance USD (BUSD), a regulated stablecoin pegged to the U.S. dollar and issued by Paxos Trust Company. Stock tokens enable greater financial participation by fractionalizing publicly tradable equities into more affordable units. Holders of stock tokens qualify for capital returns on the […]
April 12, 2021

Boson Protocol concludes $25.8M public sale, token listed on exchanges

CryptoNinjas » Boson Protocol concludes $25.8M public sale, token listed on exchanges Boson Protocol, a decentralized commerce (dCommerce) ecosystem using NFTs encoded with game theory, announced today that it has successfully raised $25.8 million in its public token sale, bringing the total funds raised by the company to $36 million. Boson has also announced the listing of the BOSON token on a number of cryptocurrency exchanges, including Bitfinex, Kucoin, and Gate.io, enabling traders to access its ecosystem and play an active role in the advancement of decentralized commerce. This news follows Boson Protocol’s recent $10 million USD raise in private investment rounds which placed it amongst the highest-raising NFT projects to date. These private rounds saw participation from several high-profile and upcoming VCs, DAOs, and industry players including Outlier Ventures, FBG, Rarestone Capital, TRG Capital, Duck DAO, and Animoca Brands. […]
April 12, 2021

Enterprise blockchain solutions rally as businesses get hip to crypto

XRP, Stellar and XinFin see tremendous growth as enterprise solutions that offer cross-border solutions and serve the unbanked gain traction.
April 12, 2021

Euler.Tools, a Unique Platform to Explore and Discover Blockchain Tools

PRESS RELEASE. Jorge de los Santos is the man behind Euler.Tools, a platform that wants to change how people analyze the blockchain industry by providing an all-encompassing view of crypto paired with an easy to use interface. Similar to the legendary mathematician and project’s namesake Leonard Euler, who founded graph theory and solved the Königsberg bridge problem, Euler.Tools aims to create a method for navigating a complex problem. Euler.Tools helps users find the most efficient way for users to navigate blockchain technology using educational, interactive tools. Traders have to utilise different platforms since each provide different data and offerings. Euler.Tools solves this by offering users 10 different tools that allow traders to cross examine on-chain activity, price action, and other data points to make more informed trades. Euler.Tools offer a combination of all the popular toolsets in a single interface, […]
April 12, 2021

Peter Thiel On Bitcoin and Threats from China

Peter Thiel – a libertarian and the co-founder of PayPal, arguably the largest digital payment platform in the world – has taken some serious guff over the past week thanks to some comments he made about bitcoin and China. Thiel Doesn’t Want China to Use BTC Against America In a recent interview, Thiel commented that the Chinese could potentially weaponize bitcoin and use it against its enemies like the United States. He recommended harder regulation be put in place so that things like this cannot occur in the future. While Thiel appears very certain that an event of this capacity could happen, others – such as Mike Novogratz – feel that the comments are unjustified and suggests there is little evidence that China could perform such an action. Still, Thiel remains convinced, and he is concerned that China could be stepping into several new […]
April 12, 2021

German digital stock exchange will list physical Litecoin ETP

The group already has Bitcoin and Ether ETPs listed on the Deutsche Börse Xetra.
April 12, 2021

Bitcoin’s Creator Satoshi Nakamoto Is Now a Member of the Top 20 World’s Richest People

This week our newsdesk covered the world’s wealthiest cryptocurrency billionaires after the American business magazine Forbes published the 2021 list of billionaires. Now it was mentioned in our report that Satoshi Nakamoto didn’t make the cut, even though Bitcoin’s inventor is one of the wealthiest people in the world. Using today’s bitcoin exchange rates, data shows that if Nakamoto has 1 million bitcoin, then the infamous creator has made it into the top twenty, as far as the world’s wealthiest billionaires are concerned. Bitcoin’s Creator Is a Member of the 1% The mysterious creator behind the Bitcoin project is unknown and there is very little information out there concerning the identity of the blockchain inventor or group of inventors. However, there is some information that the community is aware of, and it is well known that Satoshi Nakamoto helped kickstart […]
April 12, 2021

Bitcoin bulls are confident even as a key BTC price metric hits a new low

Bitcoin’s long-to-short ratio has dropped to a five-month low, but bears are not taking the bait, suggesting bulls are still in control of BTC price.
April 12, 2021

Blockchain and Booze: The future of DeFi on Ethereum is now

While the world waits for Ethereum 2.0, trailblazing developers are taking matters into their own hands with innovative solutions.
April 12, 2021

Riot Blockchain Is Becoming Bigger Than Ever

Riot Blockchain – arguably one of the largest and most well-known bitcoin and crypto mining firms out there – is set to acquire Whinstone US, Inc. for approximately $80 million. Through the acquisition, Riot gains access to several of the company’s stock shares, as well as additional assets and operations. In all, the total value of the acquisition is said to be more than $650 million. Riot Blockchain Just Bought Whinstone One of the most significant points of the move is that Riot will now be the largest, publicly traded crypto mining company in all North America. Jason Les, the CEO of Riot, explained in an interview: The acquisition of Whinstone is the most significant achievement in Riot’s growth to date, and positions Riot as an industry leader in bitcoin mining. After the consummation of this transaction, we will have created a very […]
April 12, 2021

Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, XLM

Altcoins continue to press higher while Bitcoin bulls work on holding the $60,000 level as support.
April 12, 2021

Bitcoin goes yellow as Simpsons episode features BTC price rising to infinity

“Mmmmmmm… Bitcoin…”
April 12, 2021

Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’

The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification in the country.” New Identification System Before the latest decision, the CBN accepted the use of the BVN alongside any other acceptable identity documents for KYC purposes. According to the apex bank, this service helped to “check risk and determine whether or not there is an element of money laundering, fraud and other corruption-related activities.” However, as one local media report explains, the central bank’s sudden decision may be linked to the Federal government’s determination to change Nigeria’s identification system. The report says: Over the last few months, the Federal government has been changing the unique means […]
April 12, 2021

People Just Don’t Stop Buying Bitcoin

Bitcoin has been doing extremely well as of late. Late last week, the world’s number one digital currency by market cap briefly rose above the $60,000 line to bring investors into a whole new state of euphoria. As it turns out, many traders are heavily continuing their bitcoin investing given that several analysts are convinced this is just the tip of the iceberg. Bitcoin is expected to continue rising throughout the year, and there are many individuals out there that are trying to prepare for that. People Aren’t Stopping When It Comes to Bitcoin Buying Lennard Neo – a financial analyst and the head of research at Stack Funds – said in an interview: The spikes in bitcoin outflows from exchanges typically coincides with upside price action in the following days, as investors continue to accumulate during the dips of this bullish […]
April 12, 2021

Upcoming Legends of Crypto SHO Paves the Way for The Future Of NFT Gaming

Non-Fungible Tokens are taking the cryptocurrency world by storm in recent months. Legends of Crypto, one of the many anticipated NFT projects, will conduct its upcoming public token sale with the help of DAOMaker. Legends Of Crypto Is On A Roll As competition in the NFT space keeps heating up, it becomes more challenging for new projects to stand out over time. Legends of Crypto take a different angle by providing an original and creative NFT idea. Thanks to the completion of a recent $1.2 million strategic private funding round, the team will fuel long-term growth and fulfill its long-term vision. As an NFT collectibles card game centered around the crypto industry and its prominent characters, there is still a lot to be done. Users who participate in Legends of Crypto can collect, stake, and trade every NFT at their […]
April 12, 2021

Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the ‘Top of the 7th Inning’

While bitcoin’s price has been consolidating for quite some time now, every now and then bulls have tried to press the price past the psychological all-time high captured in March. Meanwhile, a few bitcoiners have been saying that the bull market is “just getting started” even though the price has multiplied in value quite a bit. The financial entrepreneur Dave Levine has a bone to pick with these statements, after he insists the bottom was back in December 2018. Levine wholeheartedly believes, as far as the bull run is concerned, “it’s year 3 of the bull; the top of the 7th inning.” Searching for the Elusive Bitcoin Bottom and Top It’s only natural for a large group of investors who have been watching an asset rise relentlessly believe that the asset will continue its upward trajectory for a very long […]
April 12, 2021

Riot Blockchain Bitcoin production jumps 80% over pre-halving levels

The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined.
April 12, 2021

Boson Protocol raises $25.8M via public token sale

The new BOSON token will enable users to access the decentralized commerce ecosystem. The project has so far raised $36 million through public and private sales.
April 12, 2021

5 largest regulated US digital asset managers hold over $46B of crypto

Forbes ranks the top traditional asset managers, but who ranks the top regulated digital asset managers?
April 12, 2021

Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC

Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as a store of value, supported by a robust and public open-source architecture, untethered to sovereign monetary policy.” Board of Directors Will Be Paid in Bitcoin Microstrategy Inc. (NASDAQ: MSTR) has filed a form with the U.S. Securities and Exchange Commission (SEC) stating that its Board of Directors has “modified the compensation arrangements for non-employee directors.” The filing explains, “Going forward, non-employee directors will receive all fees for their service on the company’s Board in bitcoin instead of cash,” adding: In approving bitcoin as a form of compensation for Board service, the Board cited its commitment to bitcoin given […]
April 12, 2021

Bitcoin is ‘caged bull’ ready to escape at $60K — Bloomberg Intelligence

Bitcoin is stuck in a “tame” post-halving scenario and has far to run before reaching its cycle peak, says the popular research outlet.
April 12, 2021

ConsenSys-backed poker platform secures $5M investment

The injection of additional funding will be used to facilitate Virtue Poker’s mainnet launch slated for May 2021.
April 12, 2021

Galaxy Digital submits Bitcoin ETF application with SEC

Mike Novogratz’s Galaxy Digital is the latest Bitcoin exchange-traded fund applicant in the United States.
April 12, 2021

Want to buy Coinbase stock now? Here’s how to get exposure before April 14

Other than buying Coinbase stock when it lists, retail parties can trade Coinbase stock price action on FTX, but not if they are in the United States.
April 12, 2021

Why cryptocurrency is booming in India despite national ban fears

Cryptocurrency is taking off in India despite regulatory fears, which many are now dismissing as nothing but FUD.
April 12, 2021

Canaan reports $33M net loss for 2020 despite bullish Bitcoin price action

The Bitcoin miner manufacturer saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage.
April 12, 2021

MicroStrategy announces Bitcoin bonuses for board of directors instead of cash

Cash is out of the board room and Bitcoin is in as MicroStrategy announces it will pay director bonuses in BTC instead of dollars.
April 12, 2021

Binance Coin reaches 37% of Ethereum’s market cap: 3 reasons why BNB is soaring

Binance Coin, the native cryptocurrency of Binance Chain, has been surging with a massive uptick in transaction volume.
April 12, 2021

Topps baseball card maker and MLB will issue official NFTs

A set of Topps Series 1 Baseball nonfungible token collectibles will be issued by the major card maker in partnership with Major League Baseball and MLB Players Inc.
April 12, 2021

14 Years of Art for $500K: Youtuber Ali Spagnola Compiles All Her Free Paintings Into an NFT

In mid-January, Bitcoin.com’s newsdesk wrote about the popular artist and Youtuber, Alicia Dawn “Ali” Spagnola after she “accidentally got bitcoin rich” from her Free Paintings project. Since then, a great number of people told her to create a non-fungible token (NFT) asset with her artwork, so she decided to execute the idea after many requests. Spagnola chose to mint an NFT that stems from a combination of the 2,809 free paintings she’s created during the last 14 years. A $500K NFT After Giving Away Free Paintings for 14 Years In her recent video on Youtube, Ali Spagnola is hoping to entice elite NFT collectors (Beeple buyers) with all of the hard work she spent on her “Free Paintings” project. Spagnola is a popular musician and artist with 345,000 Youtube subscribers, a large following on Tiktok, 2.4 million followers on Twitter. […]
April 12, 2021

Major Thai bank experimenting with decentralized finance

Kasikornbank has identified asset-backed DeFi as having the potential to create economic value for Thailand.
April 12, 2021

Binance launches tradable stock tokens in Tesla

As distinct from traditional shares, a stock token can be fractionalized into smaller, more affordable units, meaning that more users can potentially benefit from capital returns on equities.
April 12, 2021

Blockchain provides major boost to speed of China-Europe rail trade

Rail cargos from China to Europe can now be delivered in days instead of months, after a new blockchain system was installed at a major Chinese rail port.
April 12, 2021

BSCPAD Launches, Revolutionizing the IDO Model With Over $300 Million Trading Volume

PRESS RELEASE. The first decentralized IDO platform for the Binance Smart Chain Network launched with a bang. The BSC Launch Pad is currently on Pancakeswap, and will soon be released on several popular cryptocurrency exchanges. BSCPAD is empowering crypto currency projects with the ability to distribute tokens and raise liquidity. Through the tiered system, BSCPAD has found a solution to incentivize and reward all token holders in a way that is inclusive of everyone who holds tokens, not just the top 1%, bots, or random luck, with a low barrier to entry. Where other IDOs rely on a randomized lottery system or a first come, first serve system where bots can fill the whitelist spots in a matter of seconds, BSCPAD is creating fair decentralized launches. The hallmark of the BSCPAD is a two-round system that guarantees an allocation to […]
April 12, 2021

Record BTC weekly close, Ethereum all-time high: 5 things to watch in Bitcoin this week

It’s a sea of green across cryptocurrency on Monday as all-time highs come back within reach for Bitcoin.
April 12, 2021

ABinvesting: A New, Yet Capable CFD Trading Platform

The online trading world as a new player. Launched earlier this year, ABinvesting is a Mauritius-based online CFD brokerage platform that offers high-quality trading products to the community. Operated by Hub Investments LTD, ABinvesting is licensed by Mauritius Financial Services Commission Authority (License No. GB20025728). The multi-lingual platform is available in English, Spanish, Melayu, Thai and Portuguese offer more than 350 CFDs in forex, cryptocurrencies, commodities, stocks and indices. The platform is available on browsers, as desktop software for Windows and macOS and as native mobile apps for Android and iOS powered machines. Trading Made Easy by ABinvesting ABinvesting is an online trading platform that aims to offer the best trading experience to both novice and experienced traders. It uses the familiar MetaTrader 4 interface which comes with plenty of features including one-click orders, customizable dashboard, trading and charting tools […]
April 12, 2021

Bitcoin Bull Mike Novogratz Warns of ‘Existential Crisis’ if the US Fails to Create Digital Dollar

Mike Novogratz, the CEO of Galaxy Digital and bitcoin bull has warned that the United States’ failure to have its own digital currency could be an “existential crisis.” However, the CEO says the country’s fate is still in its hands. Novogratz made these comments a few days after former U.S. Secretary of State, Mike Pompeo suggested that the United States is not going to have a digital dollar anytime soon. Distortions in Financial System Still, Novogratz tells an interviewer that the United States’ success on this front will be dependent on the way the country manages its fiscal and monetary policies. He said: If our fiscal and monetary policy starts looking like it is from a Banana Republic…you are going to run into some Minsky moment where confidence breaks down. According to the report, a Minsky moment, which was espoused […]
April 12, 2021

Gold Exchange Review: The Rise of Gold-Backed Cryptocurrencies

Gold investments have recently become a lot easier than they were before. With a huge wave of new cryptocurrencies appearing on the market, one does not have to stress about soliciting a broker to buy the asset. The driving force behind this innovative era is gold-backed cryptocurrency (aka. Stablecoins). The value of this type of cryptocurrency relies on the value of gold, which a third party puts into storage. In comparison to other cryptocurrencies, the ones that are backed by gold are more stable. Moreover, their value cannot drop below the current gold rate. They allow investors to purchase precious metal-pegged digital assets. Nowadays, it seems as though the crypto space is experiencing its own gold rush. Numerous projects are launching and are allowing crypto investors to gain exposure to gold. One of these projects is the trading platform, Gold […]
April 12, 2021

Keep Network unveils v2 specs for tBTC protocol

A second iteration of tBTC hopes to improve on the failings of the first.
April 12, 2021

World’s Wealthiest Annual Ranking Now Lists 12 Crypto Billionaires

The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list of crypto billionaires is 3x larger than last year. Today’s Crypto Billionaires List Since March 1987, Forbes has been publishing a list of the world’s wealthiest billionaires compiled in a list for the public to view. Back then the Japanese businessman and real-estate mogul Yoshiaki Tsutsumi was the richest person in 1987 with an estimated wealth of around $20 billion. Since then, and every year after, Forbes has deployed around 50 journalists to find and track the globe’s richest people. In 2021, Amazon’s Jeff Bezos is the wealthiest man in the world with an estimated $177 billion. Bezos was […]
April 12, 2021

Messari researchers slam Binance Smart Chain over centralized validators

With Binance Chain’s 11 validators hand-selecting Binance Smart Chain’s validators daily, analysts are warning of the protocol’s centralization.
April 12, 2021

Sri Lanka’s Crypto Regulation: Central Bank Warns of Cryptocurrency Risks, Unlicensed Exchanges

The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of bitcoin and other cryptocurrencies surge locally and globally. Sri Lanka’s Central Bank Warns About Bitcoin The Central Bank of Sri Lanka has published a notice regarding cryptocurrency. “Considering the recent inquiries on virtual currency usage in the international and domestic markets, the Central Bank of Sri Lanka (CBSL) wishes to inform the public of the risks associated with investing in virtual currencies,” the notice published Friday reads. In describing what cryptocurrency is, the central bank explained that virtual currencies (VCs) “are also commonly referred to as cryptocurrencies,” noting that popular ones include bitcoin, ethereum, and litecoin. The Sri Lankan monetary authority cautioned: There are no regulatory safeguards relating to the usage, investment or dealing in VCs in […]
April 12, 2021

Litecoin and XRP Take the Lead Among the Top 10

Both Litecoin (LTC) and XRP and taking the lead among the top 10 with large price increases in the last 24 hours. The entire crypto market is now […]
April 11, 2021

Rich Dad Poor Dad Author Robert Kiyosaki Predicts Bitcoin Price Will Be $1.2 Million in 5 Years

Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just because I’m more bullish on it.” Robert Kiyosaki Expects Bitcoin’s Price to Surpass $1 Million in 5 Years Robert Kiyosaki has shared his prediction of how high he thinks bitcoin’s price would be. The Rich Dad Poor Dad author accurately predicted in December last year that the price of the cryptocurrency would reach $50,000 in 2021. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. Over 32 million copies of the book have been sold […]
April 11, 2021

Solana (SOL) price rises as airdrops attract new users to the network

Solana price has rallied more than 50% this month as new projects conduct airdrops on SOL blockchain and high Ethereum fees push investors to seek cheaper alternatives.
April 11, 2021

Mike Novogratz: A Digital Dollar Is Necessary

Billionaire investor and former hedge fund manager Mike Novogratz is saying that the United States is going to seriously fall behind granted it does not develop a digital dollar in the immediate future. Mike Novogratz: We Need a Digital Dollar Mike Novogratz has always been a huge bitcoin and cryptocurrency advocate, and he feels that in many ways, digital assets will be the future of money. Thus, he is urging the United States to take control of the financial reins. He feels the country is falling behind, and risks losing its competitive edge to nations like China, which already has a digital yuan in play. In a recent interview, he claims: To me, it is an existential crisis. We need a digital dollar. For the most part, the U.S. has been rather slow when it comes to implementing up-to-date crypto regulation. As a result, […]
April 11, 2021

Reddit reminisces defunct ‘Bitcoin faucet’ website that gave away 19,700 BTC for free

It may sound shocking today, but in 2010 software developer Gavin Andresen was on a mission to give away free BTC in an effort to boost adoption.
April 11, 2021

Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors

Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great Entry Point’ for Bitcoin Investors The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, talked about bitcoin in an interview with CNN last week. Minerd is also the chairman of Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners. Guggenheim Investments has more than $246 billion in total assets across fixed income, equity, and alternative strategies. Commenting on how fast bitcoin’s market cap has grown, Minerd said, “It clearly has gotten caught in a speculative bubble that Gamestop got into.” The Guggenheim executive elaborated: When we get a risk-off moment, we could be seeing […]
April 11, 2021

Romanian university plans to accept crypto payments for admission fees

The academic institution with a student body of roughly 11,000 said the addition of crypto payments was part of a plan to support local businesses like Elrond.
April 11, 2021

Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ

Traders appear to be waiting for a trigger to start the next leg of Bitcoin’s uptrend and if that happens, XLM, MIOTA, XMR and XTZ could join the party.
April 11, 2021

So, What DO Investors Think of the New Coinbase Stock?

For diehard cryptocurrency investors, the answer to their prayers has typically been bitcoin, the world’s number one digital currency by market cap. However, while the currency has been spiking like no other asset, it remains as volatile as ever. Many traders still see bitcoin as risky, and for this reason, stock shares in Coinbase – set to debut on the Nasdaq next week – might be the alternative tool they seek. The Coinbase Stock Is Heading Our Way Coinbase initially announced in late 2020 that it was planning to go public. Now, as April 14 approaches, many crypto traders believe that the exchange’s newly listed stock is going to move the cryptocurrency world deeper into mainstream territory, while others say this will be a good opportunity to alleviate some of the volatility associated with digital assets. Greg Foss, a veteran credit trader and […]
April 11, 2021

BTC December futures reach $73,500 — Is everyone flipping ultra bullish?

Bitcoin’s three-month futures premium reached a record-high of 50%, signaling market inefficiencies.
April 11, 2021

Akon City 2: Akon Unveils Plan to Build Second Futuristic Cryptocurrency City in Africa

Another futuristic cryptocurrency city will be built in Africa, Senegalese-American star Akon has announced. The government of Uganda will make land available to him for the construction of the new crypto city. The akoin cryptocurrency will be used in the city, similar to how it will be in Akon City, the $6 billion “real-life Wakanda” that is currently being constructed in Akon’s home country. Second Akon City to Launch in Uganda Senegalese-American star and philanthropist Akon, whose real name is Alioune Badara Thiam, announced last week his plan to build a second futuristic cryptocurrency city in Africa. Its home will be in Uganda. His first crypto city, Akon City, which costs $6 billion, is being built in his native country of Senegal. Akon described it as a “real-life Wakanda,” comparing Akon City to the technologically advanced fictional African city in […]
April 11, 2021

Bitcoin mining company follows Tesla by setting up shop in Austin

Tech companies like Oracle, Tesla, Hewlett Packard, and now Blockcap are moving to Austin, causing many to call the state capital the Silicon Hills.
April 11, 2021

Mike McGlone: Bitcoin Could Reach $400K This Year

Bitcoin has surged like no other asset. The currency is presently trading for about $58,000 – just $3,000 shy of its all-time high. However, while this may all sound dandy at first, there are many analysts out there who seem to think this is just the tip of the iceberg. They claim that bitcoin is going to continue skyrocketing this year – so much so that it may end up reaching $400K per unit by the end of 2021. Bitcoin Is Likely to Spend the Rest of the Year Increasing Is this even possible? While bitcoin has been jumping like crazy over the past year or so, it seems like for it to surge from where it is now to such a high level is a bit of stretch. Basically, the currency would have to jump by more than $300,000 within eight months […]
April 11, 2021

Binance Coin (BNB) market cap passes Santander and UBS — What’s next?

To date, Binance Coin has rallied 900%, which makes the token’s $64 billion market cap larger than Santander, the Bank of Montreal and UBS.
April 11, 2021

Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order to obfuscate transactions from seized bitcoins that stem from a forfeiture. Do as I Say, Not as I Do The U.S. government is far from transparent and a newly published report shows just how shady the feds can be these days. The author Joshua Davis explains with great detail that the FBI has been evading “transparency and accountability” specifically when law enforcement has been handling funds from a seizure. For years now, the FBI, the United States Department of Justice (DoJ), and FinCEN have said […]
April 11, 2021

Why is XRP seeing a monster rally when Ripple is worth just $3B on the secondary market?

Ripple is reportedly trading at a $2 to $3 billion valuation but its XRP holdings are worth around $70 billion.
April 11, 2021

Anchoring the worlds with flexible and high-performance on-chain governance

To fully merge the real and digital worlds, designing governance systems with flexibility at their core is key.
April 11, 2021

Bitcoin Acceptance at Online Casinos Continues to Grow

Bitcoin (BTC) acceptance at online casinos and gambling sites has been growing over the last years. However, the last months have been definitely positive for the whole crypto […]
April 11, 2021

YFX.Com – Defi Trading Platform Support 100X Leverage. No KYC. No Gas Fee

PRESS RELEASE. YFX.COM is the world’s first decentralized cross-chain perpetual contract exchange. While other trading platforms that provide leverage alternatives exist, YFX.COM is trailblazing a decentralized alternative to centralized exchanges and perpetual futures trading without a central intermediary. YFX.COM does this by taking advantage of different protocols across the cryptocurrency landscape. Through a culmination of blockchain protocols YFX.COM is allowing traders to participate in trading BTC, ETH and other cryptocurrencies with up to 100x leverage. These cryptos are available to be traded across these blockchains currently, Ethereum, Tron, Binance Smart Chain, Heco, OKEx Chain and Polkadot. Through the advent of QIC-AMM, a state of the art protocol, YFX.COM provides high liquidity with low slippage for users of our ecosystem. QIC is an acronym for Quoted Index Price. QIC pulls quoted prices from centralized exchanges and traders can open and close […]
April 11, 2021

P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates

According to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ranked second and third respectively. On the other hand, volumes in South Africa, which occupied second place in 2020, dropped marginally. Consequently, South Africa has now been relegated to the fourth position the data shows. Contrasting Regulatory Regimes Meanwhile, one report has attributed the surge in Kenya and Ghana’s P2P volumes to the two countries’ tacit endorsement of cryptocurrencies. For instance, the report points to the Central Bank of Ghana’s launch of “a regulatory sandbox that prioritized blockchain-based companies including cryptocurrency startups” as one factor that may have boosted the country’s volumes. This is in contrast to the situation in South Africa where regulator warnings about cryptocurrency use and investment increased following the collapse of Mirror Trading […]
April 11, 2021

Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining

Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly.
April 11, 2021

VC funds bullish on crypto, increase investment in blockchain startups

Funding for crypto and blockchain startups is not slowing in 2021 as VC funds appear keen to enjoy the exponential growth potential.
April 11, 2021

Mass adoption may take crypto toward centralization

With mass adoption comes the risk that cryptocurrency may lose one of its core value propositions: decentralization.
April 11, 2021

Encrypted Messenger Company Signal Faces Scrutiny Over Mobilecoin Integration

Signal, the cross-platform encrypted messaging service is facing criticism this week, after the company Signal Messenger told the public it was integrating the cryptocurrency mobilecoin. Moreover, controversy surrounds the company’s founder and CEO Matthew Rosenfeld, known as ‘Moxie Marlinspike’ over his previous ties with the Mobilecoin project. The Relationship Between Mobilecoin and Signal During the last week, Signal Messenger has been under fire for integrating the privacy-centric cryptocurrency mobilecoin (MOB). The subject has been trending on social media and forums as a number of crypto advocates are not pleased with the choice. According to the MOB project’s website, the entire distributed ledger is “opaque” as “individual transactions are cryptographically protected, and the network uses forward-secrecy.” Since Signal’s announcement MOB has gained over 450% since then and today it’s up 20% during the last 24 hours. MOB is currently trading for […]