Bitcoin price target rises to $78K after Chinese stimulus package

Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo. 945 Total views 16 Total shares Major cryptocurrency exchange Crypto.com continues expanding its crypto on-ramp and off-ramp solutions with a new partnership with the California state-chartered bank Silvergate.Crypto.com announced on Nov. 30 that it is working with Silvergate…

Bitcoin (BTC) rebounding 40% in January sparked the largest inflows of institutional cash since June 2022, data shows.In its "Digital Asset Fund Flows" Weekly" report on Jan. 30, digital asset investment and trading group CoinShares confirmed $117 million headed into crypto in the last week of the month.Institutions "not sold" on post-merge EthereumBitcoin is still…

Auradine is aiming to expand its presence in the Bitcoin mining market, but it faces strong competition from established Chinese manufacturers. 126 Total views 1 Total shares Auradine, a Silicon Valley-based startup that specializes in equipment for AI data centers and Bitcoin mining, has announced a raise of $153 million in a Series C funding

If you’re into cryptocurrency or blockchain, there’s a good chance I don’t have to spell out the benefits of decentralization. You’re a first-generation user of a technology that will increasingly define the future of the internet, and you have front-row seats to the world premiere of Web3.The internet’s use and control were always as centralized…

The president of Germany’s central bank, the Deutsche Bundesbank (BBk), has warned central banks about the potential risks of introducing digital currencies, Reuters reports on May 29.Jens Weidmann, BBk president and chairman of the board of the Bank for International Settlements (BIS), reportedly claimed that the adoption of digital money could potentially destabilize the financial…

The “Buffett Indicator” is hinting that the United States’ stock market is currently at dot-com bubble levels, Yahoo Finance reported on Aug. 20. The indicator divides the Wilshire 5000 Index by the GDP of the U.S.Meanwhile, on Aug. 14, Warren Buffett-led Berkshire Hathaway invested in Barrick Gold, the second-biggest precious metal miner in the world.…

The Russian Ministry of Communications has added Waves Enterprise to the Unified Register of Russian Software for Computers and Databases.Documents published by the Russian Ministry of Communications on April 7 reveal that Waves Enterprise was added to the list and described as a “cloud-based distributed ledger service and service for virtualization and storage of data.”…

Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market.

Blockchain startup tZERO, announced that it has been awarded a patent for a technology allowing to anchor traditional trades and exchanges to public blockchains.A blockchain integration for exchangesThe company announced the development in a press release published on Aug. 6. The patent reportedly describes an integration by the Time Ordered Merkle Epoch (TOME) methodology. The…