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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Study: Blockchain Market in Automotive & Aerospace Industries to Reach Over $20B by 2029
The blockchain market in the automotive and aerospace fields will reach over $20 billion by 2029, according to a recent report from market research project Reportlinker published on June 13.The analysis projects that blockchain applications in the automotive and aerospace and aviation industries will grow at a compound annual growth rate of 60.35% between 2019…
US dollar squeeze and $19K BTC: 5 Things to watch in Bitcoin this week
Bitcoin (BTC) starts another week at near historic highs as the U.S. dollar continues to drop — what’s next?With investors seeking safe havens and Bitcoin already seeing a demand squeeze, Cointelegraph covers the factors that could further shape price action this week. DXY descends to familiar lowsNews from the U.S. that mass vaccination against the…
Bitcoin Eyes First 9-Week Bull Run as Options Open Interest Hits $1B
BTC/USD is just ten days from seeing 9 weeks of back-to-back green candles for the first time in its history as the battle for $10,000 continues. Bitcoin (BTC) is just days from sealing the longest weekly bull run in its history, as markets continue to push for $10,000 support.Data from Cointelegraph Markets, CoinMarketCap and TradingView…
Law Decoded: Bitcoin exchange-traded funds are put on the spot again, Nov. 29–Dec. 6
The Securities and Exchange Commission's continued resistance to spot Bitcoin ETFs draws industry players' ire. 522 Total views 29 Total shares Do you remember the time when a fleeting mention of Bitcoin, stablecoins, or even central bank digital currencies by a top-ranking government official was considered major news all over the cryptoverse? Feels like It’s…
Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise
It was a tough month for crypto employees with at least 14 firms announcing staff reductions in January. 207 Total views 14 Total shares Own this piece of history Collect this article as an NFTCrypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff cut loose across…
Walmart Files Patent for Blockchain-Based Drone Communication System
American retail giant Walmart has submitted a patent application for a drone communication system that is based on blockchain technology. Walmart filed its patent with the United States Patent and Trademark Office (USPTO) on Aug. 1. The filing describes a system on a drone that encrypts and stores that drone’s operational parameters. That information is subsequently…
Sui token struggles to regain despite denial of ‘unfounded’ allegations
The price of the SUI token plummeted after allegations of supply manipulation from regulatory officials in South Korea. 118 Total views 1 Total shares Sui's native SUI token has struggled to regain ground after plunging more than 9% amid allegations from South Korean regulators, which have accused the Sui Foundation of manipulating the supply of
COVID-19 Could Accelerate Crypto Adoption
Coinbase’s former CTO believes over powered governments could lead to accelerated crypto adoption post COVID-19. 1221 Total views 26 Total shares During a Unitize panel on Monday, Balaji S. Srinivasan commented that COVID-19 has changed everything — and it could ultimately end up accelerating Blockchain adoption. Srinivasan is known for numerous roles in the crypto space.…