Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
Nvidia’s share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens.
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'Every meme coin is a rug pull in the works' — Mark Cuban
According to CoinGecko, memecoins were the biggest crypto narrative in the second quarter of 2024, with a 14.3% share of all transaction volume.
Coinbase announces support for hardware wallets, starting with Ledger
The partnership will take into effect during the first quarter of 2022, with the Coinbase mobile app planning to also support Ledger down the track. 658 Total views 12 Total shares Major exchange Coinbase has announced it will begin to supporting crypto hardware wallets, starting with Ledger. The two companies made the announcement at the…
BitMEX Cryptocurrency Exchange Holds 0.18% of All Bitcoins in Circulation
BitMEX, the world’s largest cryptocurrency exchange by daily trading volume to date, now holds 0.18% of all Bitcoins (BTC) in circulation. In a Dec. 26 tweet, James Lopp, CTO at New York-based crypto custody startup Casa, also pointed out that BitMEX’s dedicated insurance fund has surged 62% in 2019.BitMEX holds 33,449 Bitcoins out the 18.1 million…
Religious services move to metaverse amid COVID-19 concerns
According to D.J. Soto, the future of churchgoing is in the metaverse because “it reaches people who can’t physically go to church.” 1469 Total views 7 Total shares Many religious denominations now offer interactive digital locations to supplement traditional services, but unique to COVID-19 is the opportunity to experience spirituality in an immersive 3D environment…
Corporate giants may not follow MicroStrategy’s Bitcoin adoption play, Raoul Pal explains
Communication is key, especially when it comes to explaining Bitcoin to mainstream corporate entities. 156 Total views 1 Total shares Earlier this year, business intelligence giant MicroStrategy put $425 million of its treasury funds into Bitcoin (BTC). The move was largely seen as a big step in the right direction for mainstream Bitcoin adoption. MicroStrategy,…
Huobi and Seychelles regulators can’t agree on where the exchange is registered
The major crypto exchange has long claimed registration in the famous offshoring haven. 1655 Total views 14 Total shares Disclaimer: This article's headline was updated to reflect new information regarding the FSA's statement. Despite long claiming to be compliant with local laws, Huobi has not registered with the proper authorities, according to regulators in Seychelles.On Monday,…
MercadoLibre plans to accept BTC and cryptocurrencies as payment for all products
The Latin American e-commerce platform selected Brazil to kick-off crypto payments via its MercadoPago application. 428 Total views 17 Total shares MercadoPago, the fintech arm of e-commerce giant MercadoLibre, has enabled its Brazilian customers to buy, sell and hold Bitcoin (BTC), Ether (ETH) and the Paxos-issued U.S. dollar-backed stablecoin Pax Dollar (USDP). In a statement…
Banker Who Called Bitcoin ‘Evil Spawn’ Heads BIS Digital Currency Hub
A former European Central Bank board member will chair a new arm of the Bank of International Settlements (BIS) focusing on digital currencies and financial innovation. In a press release on Nov. 11, the BIS confirmed Benoît Cœuré would begin chairing the Innovation Hub from January 15, 2020. BIS eyes impact of “critical trends”“The Hub's mandate is…