Bitcoin awaits US CPI print as options markets see 3.3% BTC price move

Brazil’s weak economic growth and inflationary pressure have led to more than 13 million Brazilians currently out of work. The unemployment rate currently stands at 12.5%. While the country runs the risk of recession, cryptocurrency’s low barrier for entry and promise of large returns appeal to Brazilians. Bruno Peroni, chief sales officer at Atlas Quantum,…

Security tokens platform TokenSoft has officially added Know Your Business (KYB) services following a successful alpha test in 2018.The San Francisco-based token issuance platform said in a press release on July 31 that the KYB feature was added in order to enhance customer due diligence (CDD) requirements in compliance with an amendment to the Bank…

Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report. 522 Total views 9 Total shares The European Parliamentary Research Service (EPRS) highlighted the need for tighter oversight from non-European Union regulators to ensure greater stability and development in the global

Australian blockchain energy startup Power Ledger has launched its first trial of peer-to-peer (P2P) energy trading technology in rural areas.Energy monetization for outlying settlementsAccording to a blog post on Sept. 9, Power Ledger has launched pilots outside of a metropolitan area in Western Australia, intending to help outlying commercial settlements and farms improve the efficiency…

Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity. 288 Total views 1 Total shares Bitcoin miner Hive Digital is upgrading its infrastructure as it begins construction of facilities in Paraguay, the fourth country it will operate in. The Nasdaq-listed Canadian miner

Bitcoin (BTC) retested $30,000 support on Jan. 27 as a day of losses culminated in violation of the psychologically significant price level.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingviewBTC price spooks amid GameStop rowData from Cointelegraph Markets and Tradingview showed any bullish momentum left in Bitcoin dissipate on Wednesday after rejection at highs near $33,000."Another $30,000 retest…

Today Bitcoin (BTC) price rallied to a new all-time high at $44,900 shortly after Tesla announced a $1.5 billion investment. This event triggered $555 million worth of shorts to be liquidated in two hours and it happened as Bitcoin futures open interest reached $13.7 billion, which is just 3% below its historical high.These price moves…

“Food delivery is a ritual for many and Bitcoin rewards makes Bitcoin a part of that ritual," said Lolli co-founder and CEO Alex Adelman. 114 Total views 5 Total shares Food delivery platform Grubhub has partnered with Bitcoin rewards app Lolli to give hungry people the opportunity to earn crypto back on their orders.In a…

YouTube’s new CEO Neal Mohan previously emphasized that NFTs could be an important tool for the platform’s content creators to develop additional revenue streams. 217 Total views 3 Total shares Own this piece of history Collect this article as an NFTGoogle-owned YouTube has appointed Web3-friendly exec Neal Mohan as its new CEO following the departure…