Crypto industry smashes all lobbying records in 2024, influencing US election
The crypto lobby has made its mark on the US presidential elections.
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Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K
Dollar traders have kept a close eye on a potentially bullish "inverse head-and-shoulders" pattern building in the U.S. dollar index (DXY) chart. Meanwhile, the smell of a stronger greenback is weakening Bitcoin's (BTC) upside case, especially as the flagship cryptocurrency struggles to break out of its current $30,000-35,000 trading range.Three troughs, one price ceilingIn detail,…

Peru’s Central Bank Says Cryptocurrencies Are Risky Due to High Volatility
Peru’s central bank has reacted to the recent crypto markets collapse by warning about the high volatility of digital currencies on its Twitter Friday, Nov. 16.In its recent post, the Peruvian central bank included Bloomberg graphics on Bitcoin’s (BTC) price from December 2017 to mid-November 2018. The picture is followed by a statement:“Cryptocurrencies are not…

Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App
On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading. Open an account directly from within the app in minutesThe onboarding process for new customers…

World’s first Bitcoin ETF adds $3M per day throughout BTC price dip
The Purpose Bitcoin ETF now has over 21,000 BTC under management as the United States continues regulatory scrutiny. The world’s first regulated Bitcoin (BTC) exchange-traded fund (ETF) actually benefited from the recent price dip, data shows.As on-chain analytics service Glassnode noted on June 24, the Purpose Bitcoin ETF continued to add to its assets under…

Canadian city plans to supply residents’ heat using Bitcoin mining
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000. 297 Total views 12 Total shares MintGreen, a Canada-based cleantech cryptocurrency miner, will be partnering with the Lonsdale Energy Corporation to supply heat to residents of North Vancouver in British Columbia starting in…

How to earn interest from crypto saving accounts?
The cryptocurrency industry has offered developers and investors the opportunity to introduce new financial tools providing plentiful options to earn passive income. Simply holding crypto has offered patient investors the chance to make gains over the years. However, there are various other ways to increase crypto assets’ stacks, even in bear markets.Other than staking, crypto…

Solana said to be ‘more decentralized than people think,’ but there’s more
Unstoppable Finance argued that Solana’s validator count and Nakamoto coefficient are higher than other blockchains, making it more decentralized. 77 Total views 8 Total shares Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain…

Worldcoin beefs up security by open-sourcing biometric data system
Worldcoin Foundation open sources a secure multi-party computation (SMPC) system to enhance biometric data protection and confirmed that users can now securely delete old iris codes.