Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Bitcoin Dip-Buyers Are Now Watching This Level After Another 5% Drop
At 2 A.M. (UTC) time Bitcoin (BTC) price abruptly dropped 5.11% to $9,256 before recovering to trade in the $9,500 range. This followed a previous sudden drop on Thursday after BTC briefly touched $10K to fill the CME futures gap. Crypto market weekly price chart. Source: Coin360Data from CoinMarketCap shows that earlier in the day the…
Nestlé, Carrefour Work With IBM to Track Mashed Potato Brand With Blockchain
Switzerland-based food giant Nestlé, French supermarket chain Carrefour and IBM have partnered to use the latter’s blockchain technology to track a famous French convenience food, the companies announced in a press release on April 15.Nestlé and Carrefour, both of which are members of IBM’s Food Trust blockchain platform, will use the technology from today to…
AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence
After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence.
ConsenSys and WWF Roll Out Platform for Transparency in Philanthropy
ConsenSys, a blockchain startup founded by Ethereum’s (ETH) co-founder Joseph Lubin, and the World Wildlife Fund (WWF) have jointly launched the Impactio platform to bring transparency into philanthropy.Per an announcement made on Sept. 24, a new partnership between ConsenSys and the WWF resulted in an Ethereum blockchain-based platform dubbed Impactio designed to supervise and fund…
Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.
Tokenized mortgages can prevent another housing bubble crisis, says Casper exec
The 2008 financial crisis was a devastating time for many, as the collapse of the United States real estate market caused ripple effects impacting the employment and livelihoods of millions of people.According to TheStreet, one of the chief causes of the crisis was the opaqueness of the mortgage industry. Mortgages were bundled into packages called…
Ferrari to accept crypto payments in the US
Ferrari’s decision to accept cryptocurrency payments was driven by market demand and dealer requests, with numerous clients investing in digital currencies. 174 Total views 2 Total shares Ferrari will accept cryptocurrency payments for its luxury sports cars in the United States due to customer demand. The carmaker also plans to accept crypto payments in Europe.According
Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market. 1019 Total views 5 Total shares According to local sources, the Indian Government’s 2% “equalisation levy” could be extended to crypto-assets purchased from off-shore exchanges. According to a June 22 report from Economic Times, analysts are inferring…