Rumble shares rise 9% as founder mulls scooping up Bitcoin

Overstock.com’s venture capital subsidiary Medici Ventures has invested in Israeli-based technology company VinX to develop a blockchain-powered wine futures platform, according to a press release published October 4. The exact amount of the investment was not disclosed.Per the announcement, VinX plans to develop a token-based digital wine futures platform based on the Bordeaux futures model,…

Kraken has identified a decreasing correlation between Bitcoin and the legacy financial markets. 314 Total views 3 Total shares A report published by major U.S.-based crypto exchange Kraken has identified signs the correlation between Bitcoin (BTC), the greenback, and legacy markets, is continuin to weaken.Kraken’s September volatility report found Bitcoin (BTC) largely maintaining a negative…

Dan Held is a Texan who doesn’t drive a truck, drink beer, love Trump, or watch sports. He’s a tech enthusiast who isn’t into coding. He looks like a typical preppy dude, wearing a white-button-up shirt and carrying a swoop haircut, but he flies drones, tinkers on full nodes, and writes about libertarian principles.He doesn’t…

Traders dumped risky assets following the crisis and failure of Silicon Valley Bank (SVB). The S&P 500 Index plunged 4.55% while Bitcoin (BTC) is down about 9% this week. The collapse of SVB led to a crisis in the crypto space with USD Coin (USDC) losing its peg to the U.S. dollar on reports that $3.3…

Smart contracts on the Ethereum network are up almost 3x from the previous month to nearly 2 million, while deployment costs for the network are at a low. 848 Total views 49 Total shares The number of smart contracts deployed on the Ethereum network reached 1,971,632 in March, hitting a new all-time high and marking…

Raoul Pal wants Bitcoin (BTC) investors to mobilize their trades against Elon Musk. The macro investment strategist advised traders to either accumulate or preserve their Bitcoin holdings just as the flagship cryptocurrency suffered massive declines over the weekend and at the beginning of this week.Bitcoin drops by 16.92% over the weekend and Monday. Source: TradingviewIn retrospect,…

Some of the CMIC members in support of the letter include Robinhood, BitGo, OKX, Gemini, Chainalysis, Elliptic, TRM, Kaiko and Matrixport.

Iran could unveil its state-backed cryptocurrency at the Electronic Banking and Payment Systems conference in Tehran this week, local English-language news outlet Al Jazeera reported on Jan. 27.Iran, which has faced fresh sanctions from the United States since November, had previously planned to use blockchain-based financial tools as a way of sidestepping restrictions on its…

Junior Minister for Financial Services, Digital Economy and Innovation in the Government of Malta Silvio Schembri announced that the nation’s business registry (MBR) will employ blockchain, local financial service firm Zeta reports on July 31.First blockchain-based government agency?Per the report, when making his remarks at the Prime Minister Dr. Joseph Muscat’s inauguration of the new…