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BTC Tests $31K as Bitcoin Cash Soars 30%: Market Watch

The past 24 hours saw Bitcoin’s price attempt a shot at $31K and maintain its dominance over the rest of the market. It’s worth noting that some altcoins performed incredibly well, charting gains close to 30%. Let’s dive in. Bitcoin Price Taps $31K As CryptoPotato reported yesterday, Bitcoin’s price soared to $31K, sparking a wave of liquidations totaling upward of $100 million. Source: TradingViewIt’s worth noting that Bitcoin’s dominance – the metric which tracks its share...

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Disgraced Crypto Exec Do Kwon is Out on Bail

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A Montenegro court has accepted a bail payment on behalf of Do Kwon, the disgraced crypto executive behind fallen digital currency firm Terraform Labs. The company established the crumbled algorithmic stable currency known as Terra USD. Do Kwon is Out on Bail At the time of writing, Kwon – along with another...

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Bitcoin Takes for the Skies at $30K, Leaving Most Altcoins in the Dust: This Week’s Crypto Recap

What a week! It’s safe to say that being a bear throughout the past seven days must have been rough. The cryptocurrency market exploded above $1.2 trillion on the back of major gains from the majority of coins, including Bitcoin. There’s a lot to unpack, so let’s dive in. First things first, Bitcoin’s price is up a whopping 18% in the past seven days, trading above $30K at the time of this writing. The week started on the right foot as the price was slowly chipping upwards...

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JPMorgan Introduces Euro-Dominated Transaction Settlement for Corporate Clients

Now, wholesale payment clients including renowned multinationals can choose to transfer either dollar or euro to/from their JPMorgan accounts anywhere in the world.  American multinational investment bank JPMorgan Chase & Co (NYSE: JPM) has introduced euro-dominated payments for its corporate clients as unveiled by Basak Toprak, JPMorgan’s head of Coin Systems for Europe, the Middle East and Africa. This was delivered as part of the investment giant’s plan to expand one of the most...

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SAP Clients Testing Cross-Border Payments with Circle’s USDC

Customers will receive a designated amount of USDC along with an invoice, enabling them to experience the benefits of fast, affordable, and reliable cross-border payments. In a significant move towards revolutionizing cross-border payments, German software giant SAP SE (ETR: SAP) has made an exciting announcement in this sphere. In a blog post, the company revealed its collaboration with Circle, a leading digital currency firm, to test the use of its stablecoin, USD Coin (USDC) as a means...

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Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary

Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...

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Bitcoin Cash Analysis: Rally Seems Unstoppable above $130

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash started a strong increase above the $115 and $120 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $133.00 on the 4-hour chart of the BCH/USD pair (data feed from...

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Mark Zuckerberg Confirms He Is Ready for Cage Fight with Elon Musk at UFC Arena in Las Vegas

Elon Musk as now chosen the Octagon UFC arena in Las Vegas as he plans a cage fight with Meta CEO Mark Zuckerberg. Meta Platforms Inc (NASDAQ: META) chairman and CEO Mark Zuckerberg is now ready for a cage fight with Tesla (NASDAQ: TSLA) CEO Elon Musk. On Wednesday, Zuckerberg posted a screenshot of Musk asking for a cage fight and captioned it “Send Me Location”. The banter between both billionaires began when International Blockchain Consulting founder and CEO Mario Nawfal tweeted that...

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AI Digital Art Design Platform Atriv Integrates Flare Layer-1 Blockchain for Simplified Access to NFTs and Art

The partnership between Atriv and Flare creates ease for all digital artists and creators looking to issue NFTs and tokenize their creations. Artificial intelligence (AI) digital art platform Atriv has announced a partnership with the Flare blockchain to provide the network with Atriv’s no-code NFT platform. The partnership aims to create a free market where collectors and digital artists can easily create art and tokenize their creations. Atriv’s NFT platform uses artificial intelligence...

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Crypto Network Solana Sets Up Huge Office in New York

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The popular crypto network Solana is opening a new office in downtown Manhattan, New York. The office will occupy roughly 25,000 square feet in a multiple-story building. Solana and New York… An Unusual Match Solana is presently the tenth largest digital currency by market capitalization. The news is odd for...

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