Bitcoin trades in tight range as XRP, LT, OM, and GT aim to move higher
If Bitcoin’s tightening range trading resolves to the upside, XRP, LTC, OM, and GT could rally higher.
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Corona, Budweiser Owner’s Investment Arm Backs Blockchain ID Startup
United States-based blockchain identity startup BanQu announced that it closed an extension of its series A funding round led by multinational drinks and brewing company Anheuser-Busch InBev’s investment arm. The development was announced in a post on June 6.Per the announcement, the undisclosed amount of funds have been raised by ZX Venture to allow BanQu…

McDonald’s starts to accept Bitcoin and Tether in Swiss town
The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. 653 Total views 34 Total shares Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in Italian Switzerland, which is becoming a hotspot for…

Bitcoin Price: 5 Things That Will Impact the Crypto Market This Week
Bitcoin (BTC) maintained $7,000 despite strong resistance on April 20 as oil crashed through fresh support levels towards $10.Heading into what promises to be a choppy week for traditional markets, here are five things to watch for Bitcoin traders in the coming days.Cryptocurrency market daily overview. Source: Coin360BTC price resistanceData from Coin360 and Cointelegraph Markets…

CoinShares’ Butterfill suggests ‘continued hesitancy’ among investors
Minor inflows for digital asset investment products over the last few weeks suggest a “continued hesitancy” towards crypto amongst institutional investors amid a slowdown of the U.S. economy. In the latest edition of CoinShares’ weekly “Digital Asset Fund Flows” report, Coinshares head of research James Butterfill highlighted stand-offish institutional sentiment towards crypto investment products, which saw…

Researcher: Google Quantum Breakthrough Could Improve Proof-of-Stake
The application of Google’s quantum computing technology could purportedly help improve the technology which underpins proof-of-stake (PoS) cryptocurrencies.Quantum computing would create truly random numbersPoS is a type of consensus algorithm where block creators are randomly chosen with probability proportional to their stake, while the algorithm of proof-of-work-based digital currencies uses mining. However, the PoS variant…

The metaverse is coming straight to your web browser: Here’s how
Layer-1 blockchain and metaverse protocol Somnia has launched the Metaverse Browser, aiming to make Web3 exploration and custom content creation more accessible and user-friendly.

Crypto mining demand soars in Vietnam amid Bitcoin rally
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices. 706 Total views 6 Total shares The cryptocurrency mining market in Vietnam is reportedly reviving amid the renewed crypto rally, where Bitcoin (BTC) has surged above $51,000 for the first time since May.Crypto-related…

77.1% of Salvadorans surveyed think the gov’t should ‘stop spending public money’ on Bitcoin
Less than 40% of surveyed respondents said they supported the approval of Bitcoin as legal tender. 474 Total views 5 Total shares In a recent study published by José Simeón Cañas Central American University in El Salvador, 77.1% of respondents say that they want the Salvadoran government to stop “spending public money on Bitcoin.”Moreover, only 24.4% of…