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Bitcoin ATMs booming in the US

The number of bitcoin ATMs in the US has exploded over the past year. In fact, despite having been in existence for several years,...

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Binance Charity, crypto donation to Unicef to deliver anti-Covid vaccines

Binance Charity has donated $1 million in cryptocurrency to Unicef to facilitate vaccinations against Covid-19. Binance Charity is the charitable organization of the Binance...

S&P 500 e Bitcoin, la lunga correlazione

Bitcoin is said to be a safe haven asset, suggesting that when stock indices, including the S&P 500, fall, bitcoin remains stable or rises....

Bitcoin: Micro futures meet traders’ demands. 2.5 times more sold than regular futures

At the beginning of the month, the CME announced that it had launched new Micro Bitcoin futures, which are small bitcoin futures contracts, 1/10th...

EasyFi Introduces Tokenized Stocks and Commodities in Partnership with Mirror Protocol

EasyFi, the popular DeFi lending protocol that recently made news by integrating support for Binance Smart Chain has announced a partnership with Mirror Protocol...

More Stimulus Coming? President Biden and Senate Democrats Press for Another $3 Trillion

On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion...

Ethernity & Chainlink: Safe aNFTs Minting & Evaluation

Ethernity, the online community platform renowned for the issue of authentic aNFTs of limited edition, is now focusing on incorporating Chainlink for the safe and secure minting and price assessment of aNFTs. aNFTs is known worldwide to represent the foremost artists and personalities of the digital..

Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’

The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto...

TA: Bitcoin Dives Further, Here’s Why BTC Could Find Bids Near $42K

Bitcoin price extended its decline below the $45,000 support zone against the US Dollar. BTC is declining and it could soon test $42,000 or...

Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’

The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted...

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Polkadot becomes latest to use Simplex’s fiat onramp

Fiat-to-crypto onramp provider Simplex will now support Polkadot in its network of crypto exchanges, wallets, and brokers. In an announcement today, Simplex said its integration of Polkadot (DOT) would allow crypto users to purchase the token with a credit or debit card, Apple Pay, or bank transfer. The financial institution is aiming for “mass cryptocurrency acquisition and adoption,” saying that the addition of DOT to its list of supported digital assets would bring it closer to this goal. Simplex provides services to other crypto exchanges including Binance and OKCoin. The firm has partnered with more than 350 crypto firms since its launch and enables the purchase of more than 50 cryptocurrencies through its network. Most recently, the payment processor has been integrated into the Opera web browser. Projects that have joined the Polkadot ecosystem have also seen a boost in their token prices over the past few months. Ren (REN), Ocean Protocol (OCEAN) and the Celer Network (CELR) ha..

Technoking and master of coin — Elon Musk and Tesla CFO adopt new titles

Elon Musk’s love affair with cryptocurrency shows no sign of ending after a filing with the United States Securities and Exchange Commission announced the adoption of new official titles for him and a fellow Tesla executive. Starting Monday, Elon Musk will carry the official title of “technoking of Tesla,” while the firm’s chief financial officer, Zack Kirkhorn, will officially be known as “master of coin.” The 8-K form filed with the SEC states: “Effective as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively.”The filing also states that Musk and Kirkhorn will retain their current respective positions as CEO and chief financial officer. With no sign of an accompanying tweet that the Tesla CEO has become famous for, onlookers can only speculate as to why Musk and Kirkhorn have adopted the new titles. In early February, Bitcoin's (BTC) spot price increased by $3,000 in a matter of minutes when news brok..

Binance Smart Chain On A Wide-Scale Adoption Spree Amidst Ethereum’s High Gas Fees

The Binance Smart Chain (BSC) has been witnessing increased activity at a breakneck speed in the past few days, courtesy of the outrageous gas fees that have rendered Ethereum-based AMM-DEXes totally unusable by smaller retail traders who have switched focus to the BSC network, having recognized its..

Shark Tank’s Mark Cuban Says Ethereum ‘Is Closest Crypto We Have to a True Currency’

The billionaire investor and television personality, Mark Cuban recently did an interview on the recent episode of a podcast and discussed crypto assets at...

Cardano: the Mary hard fork is complete

It’s official: the Mary hard fork has taken place on the Cardano network. The announcement was made yesterday by IOHK, confirming that the...

Why A Central Bank of China Official Said Bitcoin Has Major Role in the Future

For the first time, a Chinese government official has recognized the value of Bitcoin and other cryptocurrencies. The People’s...

Coinbase Equity Value Touches Heights

Coinbase is ruling the market space with its stock trade price continuing to surge at a fast pace on the Nasdaq Private...

TA: Why Ethereum Could Correct To $1,750 Before A Fresh Increase

Ethereum failed to stay above $1,900 and corrected lower against the US Dollar. ETH price is correcting gains and it seems like to might...

Why’s Bitcoin stuck under $60,000? The gold market cap may hold the answer

After rallying more than 100% in 2021, Bitcoin (BTC) seems to be struggling to turn the $60,000 level into support. After all, what is so special about this magic round number and its accompanying $1 trillion market capitalization? Gold's $11 trillion market cap might hold the answer, as Bitcoin's current trading volume and the amount held by institutional investors seem to match 10% of the precious metal's numbers. Technical indicators and derivatives data provide interesting short-term insights. But to analyze cryptocurrencies in a broader context, one should focus on market capitalization, precious metals and global wealth. More Bitcoins than in 2017Keep in mind that the 18.67 million current BTC circulating supply is 11.2% more than existed in December 2017. Therefore, using unitary prices for longer-term comparisons can be misleading. Bitcoin market capitalization, USD billion. Source: TradingViewThe $1.1 trillion valuation translates into a 250% increase from Dece..

Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service

The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through...

South Korea’s largest bank joins Hedera Governing Council

Shinhan Bank, South Korea’s largest financial institution by total assets, has joined the governance council overseeing the Hedera network. In an April 14 announcement, Shinhan announced it had become the latest member of the Hedera Governing Council to expand its efforts in the field of “digital transformation.” Hedera touts its hashgraph as an enterprise-grade blockchain platform capable of processing thousands of transactions per second. Shinhan representatives emphasized growing client demand for enhanced efficiency and security in financial services, stating: “Hedera's public distributed ledger in particular is uniquely suited to meet the needs of a widely-used fintech service that must be fast, fair, secure, and enable the controls and visibility required by service providers.”The bank will now begin integrating Hedera into its systems to “increase the efficiency of its internal processes.” Shinhan, which ranked as the world’s 61st-largest bank with $478.5 billion in assets..
 

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