Is $4.5K the next stop for Ethereum? — Why ETH price is up today
ETH price quickly rebounded from its $3,500 low. What role are DApps’ activity and investor price estimates playing in the recovery?
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Illinois State Lottery Winner Puts Half His $500,000 Into Bitcoin
An Illinois resident who won $500,000 in a state lottery has revealed he put half of it into Bitcoin (BTC) back in May. Redditor “Joxnlol,” posted an image of himself clutching the Illinois state lottery cheque on Nov. 5, with the caption: “Did this. Then put half into BTC in May. Remind me in 8…
Saudi Arabia looks to blockchain gaming and Web3 to diversify economy
Saudi Arabia has ramped up its economic diversification efforts driven by its ambitious Vision 2030. In a bid to diversify its economy away from a dependence on oil, the kingdom has embraced emerging technologies, such as blockchain and artificial intelligence (AI), and tapped into booming markets like gaming.But while the country has yet to leave a
Bitcoin Price, Stocks, Set to Correct If Fed Fails to Extend Stimulus
A recent newsletter to Delphi Digital clients delved into the economic aftermath of the coronavirus pandemic and how the current fiscal stimulus package from the U.S. Federal Reserve could be propping up equities markets and the entire economy. According to the firm, COVID-19-related government spending has breached the $1.1 trillion mark, bringing June’s monthly budget deficit…
Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge
The agreement is an essential step toward creating a fully regulated link between the fiat and crypto worlds, said Valereum.
Celcius CEO Says Entire Internet Will Become an Application on the Blockchain
Speaking at ELEV8CON in Las Vegas on Dec. 10, founder and CEO of Celsius Network Alex Mashinsky said that there is a war brewing between centralized and decentralized networks."The centralization of the Internet by companies such as Facebook and Google has created a distorted reality where fake news and blatant lies get the same treatment…
What else is moving as Bitcoin price inches toward a new ATH?
Bitcoin (BTC) is hot and clearly in the hands of bulls. Yes, eventually an ETF is coming and after that a $100,000, no $120,000, scratch that, $150,000 BTC price will be on the board. Blah, blah, blah. Anyone logging onto crypto Twitter is going to be bombarded with all this bullish drivel straight from the jump…
We Totally Misunderstood Blockchain
The fad is dying. A recent CB Insights report that was cited Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at the same time, large enterprises such as Microsoft, Walmart, IBM and Samsung have either deployed their own blockchains or joined partnerships to use the technology. Ironically,…
Dutch Central Bank Gives Crypto Firms Ultimatum to Register
De Nederlandsche Bank has issued an ultimatum to all domestic cryptocurrency service providers offering fiat support to register with the institution by May 18. The Netherlands’ central bank, De Nederlandsche Bank (DNB), has issued an ultimatum to all fiat-supporting cryptocurrency service providers to register with the institution by May 18.In a news release published on…