El Salvador’s Bitcoin gains top $300M — President

About $7.65 billion entered the cryptocurrency market in just three hours via a widely unknown altcoin on June 14.Dubbed as WebDollar (WEBD), the token's per-unit price surged from $0.0003711 to $0.6121 between 0900 GMT and 1200 GMT. That marked a little over 164,842% gains in its market valuation. Nevertheless, the price spike accompanied declines in volumes;…

19 MINUTES AGO Social media giant Facebook has reportedly acquired a blockchain startup, marking an apparent first for the company. Facebook has reportedly acquired blockchain startup Chainspace in an ‘acquihire,’ or an acquisition of a company made primarily for the skills or expertise of its staff News Social media network Facebook has reportedly acquired Chainspace…

Web3’s entry into the public perception coupled with peak BTC value led to the highest number of searches for “crypto jobs” ever in 2022. Now, “AI jobs” has hit its own peak. Artificial intelligence (AI) has become a clear-cut winner in the battle for job seekers, according to a new analysis from cryptocurrency data aggregator…

A collaboration between the Utopia Genesis Foundation and STOKR will enable new revenue streams for artists and investment tools for listeners 576 Total views 8 Total shares Today, a freshly-announced partnership between the music-focused blockchain protocol Utopia Genesis Foundation and digital securities issuance platform STOKR makes it clear that the two companies are looking to…

On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery. 426 Total views 3 Total shares There are early signs of the "dust settling" in the crypto market now that investors believe that the worst of the Terra (LUNA) collapse looks to be over. Viewing Bitcoin's chart indicates that while…

Energy and transportation startup EVShare is launching a community energy-sharing pilot in Los Angeles.The initiative, which received $20 million in partner funding and a $9 million grant from the California Energy Commission, is set to test the application of blockchain technology in managing a localized renewable energy grid.The system relies on connecting local solar energy…

Strategic investor Lyn Alden says the 2020 macroeconomic environment is extremely favorable to Bitcoin. 625 Total views 13 Total shares Strategic investor Lyn Alden believes Bitcoin’s growing network effect coupled with favorable macroeconomic factors may bring its market capitalization to $1 trillion in the next few years. Back in 2017, Alden was skeptical toward Bitcoin (BTC),…

The fintech firm wants to let its enterprise clients have access to cryptocurrencies through a new service called Liquidity Hub. 1036 Total views 31 Total shares Fintech firm Ripple has announced a new service aimed at finance companies that will allow them to offer cryptocurrency trading to customers.Ripple unveiled the Liquidity Hub service in a…