Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
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China’s CBDC Showcases Interoperability As Centralization’s Weakness
The Asian continent and particularly China have been making news and inducing bull runs in the cryptocurrency world these past few months, starting with President Xi Jinping’s comments and progressing to crackdowns. The main question driving the conversation is the Chinese government’s sudden advocacy for blockchain systems and a specific interest in being the first major…
Global Bitcoin adoption is ‘still in its infancy,’ but here’s how it might accelerate
Rome wasn’t built in a day, and it will also take some time for every country on Earth to adopt BTC. 77 Total views 5 Total shares
El Salvador says merchants must process BTC transactions — or they may face action
A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions. 956 Total views 6 Total shares In an interview with local media, Javier Argueta, the legal counsel to the Presidential House of El Salvador, clarified the obligations of businesses the…
Crypto hedge funds and mining regulations: Bad crypto news of the week
It’s been a difficult week for Bitcoin this week. The price has fallen about 5 percent over the last seven days to drop beneath $10,400. It could bounce but if it continues downwards, it might drop below $10,000 and get dangerously close to the CME gap.One sign that the price might fall further has been…
Bitcoin hits $50,000 a new historic milestone for BTC price
Bitcoin (BTC) surged to new all-time highs on Feb. 16 following a week of bullish news including Tesla accepting BTC and MicroStrategy planning to raise another $600 million to buy Bitcoin.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price breaks historical recordData from Cointelegraph Markets and TradingView showed BTC/USD climb over 5% in hours on Tuesday…
Is the Bitcoin price dip toward $40K a bear trap?
Bitcoin (BTC) price finally witnessed a significant 7% pullback on Dec. 11 as multiple indicators flashed sell-signals and traders booked profits. Bitcoin's ability to hold above $42,000 will determine whether this crash is a buy-the-dip opportunity or a general market reversal. Short-term volatility or big trend reversal?The sharp BTC price drop observed on the daily chart
Tezos Is the Standout in New 2020 ‘Alt Season’ Gaining 54% in 7 Days
The in-house cryptocurrency of Blockchain project Tezos (XTZ) is testing all-time highs as a wave of enthusiasm, which began in January continues.Data from Coin360 and Cointelegraph Markets shows Tezos’ XTZ token hit $3.24 on Feb. 12, a 25% increase in the past twenty-four hours alone and over 54% in the past week alone. Cryptocurrency market performance,…
NYDIG set to bring Bitcoin adoption to 650 US banks and credit unions
NYDIG looks set to deliver on its promise to enable millions of Americans to buy Bitcoin from their bank accounts in 2021. 617 Total views 5 Total shares New York Digital Investment Group (NYDIG) has partnered with the Atlanta-based enterprise payment behemoth NCR to enable Bitcoin (BTC) services for banks and credit unions in the…