Crypto Biz: Consolidation ramps up among crypto firms

Bitcoin (BTC) hugged $26,000 at the Sep. 24 Wall Street open as a weekly close “nosedive” brought lasting consequences.BTC/USD 1-hour chart. Source: TradingViewBitcoin must preserve support now, analysis saysData from Cointelegraph Markets Pro and TradingView showed BTC price trajectory uncertain after briefly piercing $26,000 support.Sideways weekend trading soon turned sour into the new week, and

Daylight’s testnet will allow users to plug in distributed energy devices such as smart thermostats, solar inverters, batteries, electric vehicles and chargers and energy monitors.

As the SEC "kicks the can" on traditional Bitcoin ETFs, the Bitcoin futures equivalent is gearing up for likely approval, says Bloomberg's Eric Balchunas. 332 Total views 4 Total shares A Bitcoin (BTC) exchange-traded fund (ETF) has a 75% chance of being approved this month — in some form.In comments this weekend, Eric Balchunas, senior…

A new report shows that 65% of the 1,450 Web3 organizations are based on native blockchain technology, while 35% of the organizations are based on non-native technology. 264 Total views 30 Total shares

The outlook is grim for the Canadian messaging app as it loses $5 million over its ICO for Kin tokens. 650 Total views 13 Total shares On Wednesday, the U.S. Securities and Exchange Commission announced the end of its lawsuit against Kik Interactive.The Canadian messenger app fell afoul of the U.S. regulator for failing to…

Analysts predict ETH ETF’s launch for June, Bitcoin dips as Mt. Gox wallets move, and Binance France changes ownership.

A temporary pause on Bitcoin withdrawals has been imposed on the world's largest exchange, Binance. 2524 Total views 6 Total shares Crypto’s Black Monday continues to wreak havoc. Changpeng Zhao, the CEO of crypto exchange Binance, tweeted that there would be a temporary pause on Bitcoin (BTC) withdrawals.Temporary pause of $BTC withdrawals on #Binance due…

Institutional investment, new governance features and a groundbreaking project with the government of El Salvador are just a few of the factors behind ALGO’s rally to a new all-time high. 804 Total views 11 Total shares Real-world adoption is what really matters when it comes to being a successful blockchain project and one project that…

On May 11, Chainlink (Link) announced the launch of a verifiable random function (VRF) that enables generation of on-chain trusted randomness. Ii is undergoing security review on the testnet where it is available for integration testing. Initially, it will work with the Ethereum (ETH) blockchain.Benefits to gamingAlthough this may sound like something that only mathematicians…