Why is Bitcoin price up today?
Bitcoin’s resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar.
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Bitcoin price surge brings BTC-related stocks to new multi-week highs
MicroStrategy the largest Bitcoin-holding public company saw its unrealized gains on its BTC investment reach near the $1B mark as the company’s stocks gained nearly 9% on the day. The Bitcoin (BTC) price surge on Monday has now catapulted Bitcoin-related stocks to surge to new highs with the likes of Coinbase and Microstrategy posting new
Indian central bank-backed NPCI begins blockchain recruitment
Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees. 367 Total views 13 Total shares The National Payments Corporation Of India (NPCI) — an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies — is on the lookout
Bitcoin Payments Gateway Purse is Reconsidering Closure, Cites Community Support
Having just recently announced plans to close shop, Bitcoin payments facilitator Purse.io says it is now reconsidering due to “an incredible outpouring of support from the community.” 930 Total views 18 Total shares Having just recently announced plans to close shop, Bitcoin (BTC) payments facilitator Purse.io says it is now reconsidering due to “an incredible…
Bitcoin maximalism cool in 2023? Joe Hall shares his thoughts
Bitcoin advocate Joe Hall believes that all other cryptocurrency projects will collapse into Bitcoin in the coming years. 203 Total views 1 Total shares In this episode of Hashing It Out, recorded on the eve of Bitcoin 2023 in Miami, Cointelegraph’s Elisha Owusu Akyaw spoke to Cointelegraph journalist Joe Hall about what it means to be…
Tether Daily Transaction Volume Hits All-Time High
Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics.On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption of the major stablecoin launched in 2015.All-time transaction volume of Tether.…
Bitcoin price loses steam, but futures markets forecast upside above $70K
Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level.
Japan Green Lights 2nd Crypto Exchange for April Launch as Data Shows Huge Interest
Japanese financial regulators approved a second cryptocurrency exchange to begin operations this week, a press release from local exchange DeCurret, the applicant, confirmed on March 25.DeCurret, which joins an offering from e-commerce giant Rakuten in launching on the domestic market, will begin trading on April 16.Together with Rakuten Wallet, previously known as Everybody’s Bitcoin, next…
Curve’s crvUSD depegs as market reacts to shock events
The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work. 81 Total views 2 Total shares Curve Finance's native stablecoin crvUSD briefly depegged on Aug. 3, reacting to an uncertain environment surrounding the protocol after its recent exploit. In the course of the day,…