Bitcoin poised for potential rally as FTX payout looms and Fed shifts

The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity system. The news was revealed in an official Toyota press release on May 23.The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows…

Peer-to-peer (p2p) torrent client BitTorrent has announced that its native token, BitTorrent Token (BTT), based on the TRON protocol, is now supported by CoinPayments’ crypto payments gateway. The news was shared with Cointelegraph in a press release Feb. 7.As reported, BitTorrent launched its BTT token this January — its first full-fledged move to begin to…

The amount of positive Bitcoin commentary on social media is just a third of what it was four months ago, according to Santiment.

The past year has been a crazy journey for the blockchain industry. Between the crippling effects of the COVID-19 pandemic across various sectors and Bitcoin’s marathon bull run, the year has been great for some and catastrophic for many.Decentralized finance is at the epicenter of most of the hype surrounding blockchain today. From the rise…

It remains unclear if Durov has been officially arrested or charged.

"There’s no reason to treat the crypto market differently just because different technology is used," said Gary Gensler. 595 Total views 22 Total shares Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market.In prepared…

DeFi-powered NFTs are headed to the metaverse in a yield farming-meets-Pac Man mashup. 255 Total views 3 Total shares One of the original decentralized finance and nonfungible token (DeFi/NFTs) crossover projects is taking a step forward today with the launch of a metaverse litepaper.Aavegotchi — a project that creates upgradeable NFTs backed by yield-bearing positions…

Biden attended a fundraising event in Chicago for upcoming elections, wherein he called out Elon Musk for purchasing Twitter. 743 Total views 10 Total shares The relevance of social media platforms in swaying global politics was first highlighted with the rise of Facebook (rebranded later to Meta), which was accused of manipulating information based on…

The new Ether ETFs could also increase institutional investor participation, according to a Nansen analyst.