Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021.
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Tokenized agriculture could provide economic relief to Argentine farmers
Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis. 1511 Total views 8 Total shares Argentina's brittle economy — stricken by endemic problems that have only worsened amid the COVID-19 pandemic — has sparked rising unrest in the country's…
Texan Bitcoin mining power demands could jump 5 times by 2023
While the state is eager to become the global hub for Bitcoin mining operations, residents are concerned that the power grid will not be able to handle the load. 455 Total views 14 Total shares As the state of Texas faces a rapid influx of Bitcoin mining operations, its electrical infrastructure will have to support…
Search Interest for Bitcoin Highest in Africa and South America
Google Trends data compiled by Blockchaincenter.net shows search interest in Bitcoin is highest in Kenya and Brazil. 2406 Total views 54 Total shares An interactive map showing the level of cryptocurrency interest worldwide reveals that Bitcoin searches are most concentrated in countries in Africa and South America.According to the map published at Blockchaincenter.net, Google Trends…
China debuts blockchain-based digital yuan salary payments in Xiong’an
China reportedly implemented the country’s first blockchain-powered digital yuan transactions in the Xiong’an New Area. 234 Total views 1 Total shares China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments in the digital yuan.According to the official website of the Xiong’an New Area, the People’s Bank of China (PBoC)…
BitMEX Denies it Made Bitcoin Price Drop to $3.7K After Going Offline
Trading giant BitMEX is at the center of attention after unexpected downtime sparked rumors of foul play as Bitcoin (BTC) fell as low as $3,700.According to a tweet from the company, problems arose during frenzied trading activity on the evening of March 12.BitMEX “hardware issue” sparks delaysAs a result, BitMEX was offline for around 25…
The Coinbase IPO is coming, according to SEC filing
Coinbase has sent draft registration to the SEC, leaving a future IPO in the commission's court. 1466 Total views 13 Total shares One of crypto's most-anticipated initial public offerings is one step closer.On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The…
Animoca Brands buys major stake in Aussie digital services agency
Be Media has begun an aggressive hiring process in the fields of blockchain development and project management following the acquisition. 11 Total views 1 Total shares NFT investment giant Animoca Brands has acquired a major stake in Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne, and Sydney and has provided…
Crypto Regulations for UK Could Take Two Years, Says Legal Expert
Jeff Kaufmann, Legal Director at British law firm Reynolds Porter Chamberlain (RPC), said that the introduction of cryptocurrency market regulations in the U.K. could take two years, according to an RPC press release published Oct. 11.RPC is a London-based corporate and insurance law firm with offices in Bristol, Singapore, and Hong Kong, and staff amounting…