Circle predicts stablecoins will become mainstream global payment method
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.
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Los Angeles Dodgers Baseball Team to Hold Giveaway of Player Crypto Tokens via ETH
The Los Angeles Dodgers, a U.S. professional baseball team, will hold a giveaway of crypto-based athlete tokens at the end of this month, according to an official press release on Dodger Insider September 7.The statement reports that Dodger fans will be able to get tokens — representing Dodgers players — convertible to Ethereum (ETH) during…
Bitfinex hack recovery spurs crypto community responses
As the Bitfinex hack recovery ensued, crypto figures across social media shared their thoughts, raised questions and expressed disbelief. 129 Total views 13 Total shares On February 1, there were movements of around $2.5 billion from the 2016 Bitfinex hack wallets. After reviewing the transactions, Cointelegraph reported that around 90,000 Bitcoin (BTC), worth $3.6 billion,…
Bitcoin price will benefit from rising hashrate, US inflation fears and crypto-friendly presidency
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.
Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly
The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country where the payment service will be available. 166 Total views 1 Total shares The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11.…
MicroStrategy doles out $240M on additional Bitcoin purchase
The company's Q3 Bitcoin spend now stands at almost $420 million following this latest BTC acquisition. Business intelligence outfit and corporate Bitcoin (BTC) whale MicroStrategy has increased its BTC ownership with the additional purchase announced on Monday.MicroStrategy CEO Michael Saylor announced the purchase of 5,050 BTC for about $242.9 million at an average of $48,099…
China Didn’t Ban Bitcoin Entirely, Says Beijing Arbitration Commission
China, one of the world’s most strict jurisdictions for cryptocurrency trading, has not completely banned Bitcoin (BTC), a local non-profit arbitration organization says.According to a July 30 report published by the Beijing Arbitration Commission (BAC), China's prohibition of Bitcoin is more nuanced than some have suggested.Bitcoin does not constitute money in ChinaIn the report, the…
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
Choppy markets have defined the crypto space since Bitcoin (BTC) sold off on April 19, and indecisive markets like these can test the patience and fortitude of even the most dedicated traders and analysts, especially when the incessant calls for a bottom are met with lower lows.While the periods of low trading volume and whipsaw…
Celebrity memecoin promoter Sahil Arora banned by X
Despite mounting scam allegations and social media bans, Arora continues to promote celebrity memecoins and partnerships.