May 2021 | Page 67 of 125 | Last Cryptocurrency News Feed

Interview: When Cities Embrace Bitcoin With Mayor Scott Conger

Mayor Scott Conger joined the "Bitcoin Magazine Podcast" to discuss how Bitcoin can help his city of Jackson, Tennessee.Watch This Episode On YouTubeListen To This Episode:AppleSpotifyGoogleLibsynOvercastOn this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with the mayor of Jackson, Tennessee Scott Conger to discuss his recent interest in Bitcoin. Conger has…

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Does Mike Novogratz hold more than $5B in crypto?

In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth. 4777 Total views 21 Total shares Galaxy Digital founder and CEO Mike Novogratz, a billionaire active in the digital asset space, says up to 85% of his net worth is in cryptocurrencies.In an interview with New…

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Ethereum bulls maintain control ahead of Friday’s $730M ETH options expiry

Ether (ETH) initiated a rally on April 25, which resulted in a 90% gain that pushed the price to $4,200. The non-stop action has been fueled by an incredible increase in decentralized finance (DeFi) applications where the net locked value surpassed $74 billion, a 51% increase in eighteen days.This positive momentum has been decimating the…

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US Investment Bank Cowen to Offer Crypto Custody Services

American multinational investment bank Cowen Inc. will join some Wall Street organizations after announcing plans to hold digital assets for hedge funds and asset managers. The firm partnered up with Standard Custody & Trust Co. to provide ”institutional-grade” custody services for cryptocurrencies. The Demand Is Here The recent rally of most crypto assets has caught…

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Sat-Stacking Platform Bittr Relaunches

Bittr, a platform allowing European users to easily accumulate small denominations of bitcoin, has relaunched in Switzerland.Bittr, a platform that offers sats stacking services in Europe, has announced the relaunch of its operation following a shutdown about a year ago that came as the result of stringent regulations surrounding the industry. It has transferred its…

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Price analysis 5/13: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI

Tesla CEO Elon Musk tweeted on May 13 that the company will stop accepting Bitcoin (BTC) payments for its vehicle purchases, citing “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal.” Shortly after the announcement, Bitcoin price dropped by 17% to hit a new local low at $46,000.While Musk’s decision is…

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Ratio of Ether’s market cap doubled Bitcoin in the last year – Pantera Capital

Ether now accounts for 19.2% of the overall cryptocurrency market, whereas Bitcoin dominance has fallen to 40.7%. 6996 Total views 16 Total shares The market capitalization of Ether (ETH) has increased at a much faster rate than Bitcoin’s (BTC) over the past year, highlighting the relative outperformance of ETH versus BTC over that period. In its…

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Diem Relocates From Switzerland to the US to Launch an USD-Backed Stablecoin

The Diem Association announced a strategic partnership with the crypto-friendly US bank – Silvergate Bank. Consequently, both parties plan to launch a stablecoin pegged to the American dollar. Additionally, the Association will relocate from Switzerland to the United States. A New Home for Diem The blockchain-based payment system Diem, launched by the social media behemoth…

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Bitcoin whale MicroStrategy buys additional 271 BTC

CEO Michael Saylor disclosed the $15 million BTC purchase on Thursday. 5772 Total views 29 Total shares MicroStrategy, the Virginia-based business intelligence firm, has added another 271 Bitcoin (BTC) to its strategic reserves, underscoring CEO Michael Saylor’s growing conviction in the digital asset. The purchases were made through May 13 for an average price of $55,387,…

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Huobi Group Launches $100 Million Fund For DeFi And NFT Development

Huobi Group, the holding company of the leading cryptocurrency exchange, Huobi Global, has recently launched a new subsidiary geared towards decentralized finance (DeFi) projects, non-fungible tokens (NFTs), and mergers and acquisitions. Huobi Devotes $100M to DeFi In a Thursday press release shared with CryptoPotato, the company noted that it has already deployed $100 million to…