Focusing too much on Bitcoin Uptober is a ‘mistake,’ says crypto trader
A crypto trader opined that market participants should step back from the Bitcoin “Uptober” hype and look at the bigger picture.
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Crypto Exchange Binance Launches Eighth Phase of its Lending Product
Cryptocurrency exchange Binance has announced the launch of the eighth phase of its lending product on Oct. 7.In this phase, Binance will start offering 14-day fixed-term lending products. The subscribers will be accepted on a first-come, first-served basis. The subscription period begins on Oct. 10 and ends on Nov.10, while interest will be paid immediately…
Payments Giant Visa Acquires Fintech Firm Plaid for $5.3 Billion
Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13.Per the release, Plaid has developed a network that allows users to easily connect their financial accounts to the apps they use to manage their financial lives.The firm’s products reportedly allow for convenient sharing of financial…
Female investors led crypto market growth in 2021, says new report
The average value and volume of transactions conducted on the BTCM platform increased by 48% and 118 percent in 2021, with the average daily orders increasing by 42%. The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the…
Ethereum rolls out Berlin upgrade with 4 EIPs
The mainnet launch, which is expected to take place on Apr. 14, incorporates four Ethereum Improvement Protocols. 1137 Total views 8 Total shares After months of planning, the Ethereum community has laid out a timeline for its upcoming Berlin upgrade, marking an important milestone in its development roadmap. Berlin is scheduled to go live on the…
Crypto Exchange Bitfinex Temporarily Shuts Down Deposits and Withdrawals
Cryptocurrency exchange Bitfinex has temporarily shut down its services, according to a tweet published on May 31.The tweet specifically says that the change has temporarily paused deposits and withdrawals “due to the outrage of one of [their] network providers.” “Funds are safe in cold storage. Situation should be restored ASAP (ETA 3/4h). Apologies for the…
Blockstream’s Liquid Sidechain Solution for Bitcoin Network Goes Live
The Liquid Network sidechain for the Bitcoin (BTC) blockchain went live on Sept. 27, according to an Oct. 10 post from Blockstream.Blockstream is a blockchain development company founded in 2014, with Samson Mow as its CSO. The Liquid Network project, first announced in 2015, was then launched by Mow and Joseph Weinberg of Paycase in…
We’ve passed peak corporation already — Michael Anderson, Framework Ventures
The pandemic has changed society forever — and in many cases, not for the better. But when historians look back in a few decades, will they see this period as a turning point in the transition from an economy dominated by corporations to a new crowdsourced model where participants are incentivized with tokens to grow…
Bitcoin price returns to $16K amid warning over BTC whale selling
Bitcoin (BTC) headed higher into the Nov. 22 Wall Street open after setting another two-year low.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewThanksgiving buywall appears at $12,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recrossed the $16,000 mark, having set lows of $15,480 on Bitstamp.Momentum took the pair to $16,189 before consolidating, marking…