Record $39.4B Bitcoin open interest suggests imminent price breakout

Bitcoin (BTC) hitting two-month lows is nothing compared to aspects of the fiat economy — some saw their worst day since the 2008 global financial crisis.As coronavirus panic gripped markets worldwide, so did intense bouts of volatility as various stock exchanges opened after the weekend.Greenspan: “investors are freaking out”On Wall Street, trading lasted just minutes…

John Deaton's remarks come amidst concerns about alleged backdoors in the Bitcoin Lightning network's code. Lawyer and cryptocurrency proponent John Deaton has criticized the Lightning Network, deeming it less effective than the 'Spend The Bits' protocol on the XRP Ledger (XRPL). The Lightning Network is the second-layer solution built over the Bitcoin blockchain. It is

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Ethereum users will soon be able to take advantage of another blockchain-based game with nonfungible token technology.The Sandbox (TSB), a mobile creation game with more than 40 million downloads, announced on March 12 they would be holding a third presale of the game’s virtual spaces — called LAND — starting on March 31st at 1:00…

In an interview with Cointelegraph at Tron’s San Francisco office on Feb. 25, Steemit Managing Director Elizabeth Powell expressed enthusiasm regarding the new strategic partnership between Tron and Steemit.On Feb. 14, the Tron Foundation announced it had acquired Steemit, a decentralized social media platform with over 10,000 daily active users.Following the announcement, a great deal…

Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi.Cypherpunk announced the news in a Nov. 21 press release, specifying that it thus acquired a 4.5% stake in zkSnacks. With the acquisition, Cypherpunk’s chief investment officer Moe Adham became a member of zkSnacks' board…

The CEO of online travel giant Booking Holdings believes that blockchain-based currencies will continue to grow and could become more popular.Glenn Fogel, who was also recently appointed CEO of Booking.com, expressed his support for cryptocurrencies in an interview with New York-based travel publication Skift on Aug. 20. In the interview, Fogel discussed blockchain and crypto…

Through a new initiative, Cointelegraph Accelerator and the bitsCrunch Startup Program aim to help startups in the NFT data space by providing free data tools. 144 Total views 1 Total shares Own this piece of history Collect this article as an NFTAs nonfungible token (NFT) trading volumes begin to pick up again in Q1 2023…