Bitcoin net flows hit $750M, highest outflow since May
Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.
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Bitcoin price, stocks and gold plunge in tandem — What’s next?
Bitcoin, gold, and the S&P 500 all sharply dropped today, causing traders to fear BTC is on the verge of a trend reversal. The price of Bitcoin (BTC), the S&P 500 index, and gold all fell simultaneously on Sept. 3. The sentiment around the markets remains cautiously negative after the drop.Two factors likely triggered the…
Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade
The Bank of Lithuania, or BoL, will launch a pre-sale of its CBDC, dubbed LBCOIN, on July 9, a representative for the central bank told Cointelegraph. The coin itself will be issued and sold on July 23.While LBCOIN is technically a CBDC based on the NEM blockchain and issued by the central bank of Lithuania,…
Elon Musk says BTC, ETH prices “high” while dunking on Peter Schiff
While Musk said Schiff "might as well" have crypto in lieu of gold deposit statements, he did warn that digital currency valuations may be running hot 5566 Total views 21 Total shares While his electric car company announced a Bitcoin purchase weeks ago, Elon Musk finally became a true Bitcoiner last night by engaging in…
Rick and Morty crypto art sells for $150,000 on Gemini-owned platform
Justin Roiland's piece was listed on a non-fungible token art exchange owned by Gemini. 2134 Total views 7 Total shares A crypto art piece by Justin Roiland, co-creator of the famous animated series Rick and Morty, has sold for a handsome price on non-fungible token marketplace Nifty Gateway.Dubbed “The First Ever Edition Of Rick And…
Crypto Hedge Fund Manager Disputes Augur Metrics of $2 Mln, Claims Only $100,000 at Stake
Blockchain-based prediction market Augur is reportedly significantly overestimating its usage, a founding partner of cryptocurrency hedge fund Tetras Capital claimed on social media on Jan. 10.The latest criticism of the project, Alex Sunnarborg took Augur to task following publication of its most recent weekly report showing the amount of money circulating within its markets.Specifically, the…
Millions of Online Retailers Can Now Accept DAI on Coinbase Commerce
Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, has added MakerDAO’s DAI stablecoin as a supported payment method this week. This integration will let merchants around the world accept the USD-pegged stablecoin as payment for goods and services without Coinbase Commerce taking any extra fees.Merchants can add a “pay with crypto” button to…
LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid
Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash. 1129 Total views 50 Total shares LibertyX, the firm that launched one of the early Bitcoin ATMs, has just made purchasing Bitcoin in cash possible at more than 20,000 retail locations across…
5 cryptocurrency projects that made waves in 2021
2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin (BTC) price established a new all-time high of $68,789. In the same timeframe, Ether (ETH) went on a parabolic rally which saw its price gain 565% from Jan. 1 to hit a record high at…