Elon Musk says X and SpaceX headquarters will move to Texas
The billionaire industrialist has an estimated net worth of $221 billion and owns Tesla, SpaceX, xAI, and the X social media platform.
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Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets
Bitcoin (BTC) made snap gains at the May 26 Wall Street open as United States macroeconomic data delivered a nasty surprise.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin shrugs off new U.S. inflation woesData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $27,000 on Bitstamp.The pair rose unexpectedly after the day’s Personal Consumption Expenditures…

IOTA Foundation Launches Trinity, a New Software Wallet for IOTA tokens
The IOTA Foundation has launched the Trinity wallet, as the organization announced in a press release on July 2.The announcement advertises the Trinity wallet as an improve to both ease-of-use and security for users conducting transactions in IOTA, with the purported goal of appealing to both new and advanced users.Reportedly, the wallet’s beta version has…

‘Let’s build a Europe where Web3 can flourish:’ Crypto companies sign an open letter to EU regulators
Industry representatives call the authorities not to go beyond the scope of the FATF Travel Rule recommendation. 174 Total views 4 Total shares Forty crypto companies cosigned an open letter to the European Parliament, European Commission and other principal E.U. institutions with a call to ensure common-sense regulation, standardized compliance procedures, and an innovation-friendly business…

Blockchain Heroes Refuse to Accept ‘Old World’ Fiat Payments
In advance of its August 8 release, Blockchain Heroes has airdropped fans an NFT trading card featuring a crossover character from Topps. Digital collectibles trading card series Blockchain Heroes launches this week, but won’t be purchasable with old school fiat or credit card payments. Instead trading card fans will only be able to buy packs…

Indian university joins Hedera decentralized governance council
The Indian Institute of Technology Madras will test use cases around the Hedera Token Service, a public blockchain for payments. 87 Total views 2 Total shares The Indian Institute of Technology Madras (IITM) has become a member of the Hedera Hashgraph’s council for decentralized governance.IIT Madras is one of the top institutes for technical education…

Crypto Is Brewing in Colombia: Active Adoption That Will Wake You Up
The growing popularity of cryptocurrencies in Colombia has been widely discussed, as there is no unanimous consensus over the key reasons that are driving this momentum.The fact is that there are several studies, such as the one carried out by Statista, that reflect a significant and relevant interest on the part of the Colombian user,…

Bitcoin price risks losing ‘critical technical level’ as stocks under pressure
U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500.The daily price chart of Bitcoin (Coinbase). Source: TradingViewCOVID-19 cases in the United States and Europe are continuously surging despite strict restrictions. Sweden, for…

Report: Libra Stablecoin Tied to Major Fiat Currencies, Excluding Yuan
Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type of cryptocurrency valued by a reserve…