Bitcoin price keeps falling under $60K — Here is why
Many analysts say a drop in spot Bitcoin ETF demand is the primary reason for BTC’s price weakness, but there’s more to it than that.
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2021: A year of mass adoption for cryptocurrencies in Brazil
Throughout 2021, the Brazilian cryptocurrency market managed to distance itself from the police pages and finally win acceptance with the general public, whether in the financial market or even in the greatest national passion: soccer.Last year, Bitcoin (BTC) acted as a strong alternative to the Brazilian real that ended 2021 by breaking negative records and…
Wonderland co-founder throws in the towel on beleaguered DeFi project
The DeFi debacle has caused ripples across the ecosystem as the project head looks to wind things up. 973 Total views 37 Total shares The co-founder of the embattled Wonderland decentralized finance project is preparing to pull the plug following a deeply divided community vote.On Jan. 30, Wonderland co-founder Daniele Sestagalli tweeted that the Avalanche-based…
Visa Makes Its Second Investment into a Crypto Startup
Global payment giant Visa has recorded its second investment in a crypto project by leading a $40 million funding round of Anchorage startup, according to a Fortune report on July 10.Visa has reportedly led the round along with major cryptocurrency venture capital (VC) firm Blockchain Capital to support institutional-grade crypto custody service Anchorage, which previously…
Bitfury to Launch Bitcoin Mining Centers in Paraguay With New Partnership
Blockchain tech firm and Bitcoin (BTC) mining manufacturer Bitfury plans to launch several mining facilities in Paraguay, according to a press release published Thursday, Jan. 31.Bitfury has partnered with South Korean peer-to-peer knowledge commons research firm Commons Foundation to launch a series of transaction processing sites that will use Bitfury’s BlockBox AC mobile data centers…
3 strategies investors might use to trade the upcoming Ethereum Merge
The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur from Sept 15 to 16 and for the last year, traders and analysts have been discussing various outcomes for the upgrade and possible trading strategies. Let’s take a look at three options investors and traders have. Hodl ETH to earn the expected “hardfork”…
Visa dreams up plans so you can auto-pay bills with your crypto wallet
Crypto-users may one day be able to automatically pay their electricity and telephone bills through their self-custodial crypto wallets, according to payments giant Visa.In a Dec. 20 blog post, Visa’s crypto thought leadership team proposed a solution that would allow providers to automaticall “pull” funds from users’ Ethereum-powered crypto wallets, without requiring the user to…
Bitcoin Breakout Hopes, R.I.P. TON, Trump Threatened: Hodler’s Digest, May 11–17
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price charts hint at the most exciting breakout in over a…
Crypto Users Can Bet on the 2020 Election with a Futures Trading Product Called TRUMP
Crypto derivatives exchange FTX recently launched “TRUMP,” a new futures trading product that lets users bet on President Trump’s re-election in 2020. TRUMP “is a futures contract that expires to $1 if Trump wins the 2020 presidential general election and $0 otherwise,” an FTX representative told Cointelegraph. “So far most of the volume has traded on…