The global payments giant Visa has approved the issuance of a physical debit card that will allow Australians to spend their bitcoins at local stores and leisure venues. The inovation will enable customers to make direct purchases with crypto instead of converting digital assets to fiat money. First BTC Spending Card in Australia According to the Australian Financial Review report, Aussies will soon be able to spend cryptocurrencies via a new debit card created by the local...
Read More »How One Man Is Trying to Access His Deceased Brother’s Bitcoin Stash
A young man who committed suicide a few years ago left a massive bitcoin fortune worth more than $300,000 that his family cannot access. A Lot of Bitcoin That’s Inaccessible The brother of the man took to Reddit to seemingly ask bitcoin enthusiasts what his sibling’s password might be. He also asked if it was “morally wrong” to potentially garner access to the bitcoin stash, which contained as many as ten separate units. The person in question relayed the story of his...
Read More »Standard Power Seeks to Utilize Clean Energy for Crypto Mining
Energy Harbor Corp. has announced that it will partner with a firm known as Standard Power over the next five years to provide carbon-free, clean energy from its nuclear sources to ensure Standard Power can mine cryptocurrencies without leaving a heavy mark on the environment. Standard Power will begin utilizing this type of electricity by the end of this year. Standard Power Seeks Green Methods of Extracting BTC Bitcoin and cryptocurrency mining has been at the center...
Read More »Le Conseil des gouverneurs de la BCE se prépare à « l’éventuelle » émission d’un euro numérique… dans 5 ans
Suite à un premier rapport en octobre 2020 suivi d’une consultation publique en novembre, le Conseil des gouverneurs de la Banque centrale européenne a décidé aujourd’hui de « lancer formellement » un projet visant à préparer « l’éventuelle émission d’un euro numérique ». Le projet débutera par deux ans de recherche conceptuelle et de prototypage suivis d’une phase de mise en place « qui pourrait...
Read More »CluCoin: Empowering Individuals Towards a Greater Tomorrow
[Featured Content] Cryptocurrencies and blockchain-based technologies, in general, exploded in popularity over the past few years, and especially in 2021. This was largely due to the parabolic increase in the price of Bitcoin, which charted an all-time high of around $65,000 in April. This propelled the entire industry forward and also brought to light a variety of projects, apart from the ones with large market capitalization. While a lot of the projects are focused on...
Read More »SEC of Brazil Approves First Ethereum ETF in Latin America
In another interesting development in Brazil, an asset management firm based in the country, Hashdex, is planning to launch a Bitcoin ETF whose goal is to combat the environmental concerns that come with Bitcoin mining.Brazil does not appear to be dropping the ball when it comes to groundbreaking decisions in the crypto space. The Latin American country’s Securities Commission (CVM) has approved the first Ethereum Exchange Traded Funds (ETF) in the region. This news about Ethereum comes...
Read More »ECB Confirms Plans to Work on a Digital Euro, Syas It Will Be Greener Than Bitcoin
The European Central Bank will start an investigation phase of a digital euro project, which will last 24 months after years of dabbling with the idea. The organization promised privacy protection and also lower energy consumption than Bitcoin. Although the idea of a central bank digital currency has floated around for years, the ECB has never shown genuine interest in actually looking into it. In the past, bank officials, including President Christine Lagarde, have shared...
Read More »21Shares Partnered with Comdirect to Offer Cryptocurrency ETPs for Saving Accounts
By partnering with the German online retail platform comdirect, 21Shares AG will enable investors to purchase BTC and other digital assets for their savings accounts. Crypto as a Saving Option 21Shares AG, the Swiss-based investment product issuer, has partnered with the large German online brokerage – comdirect – to bring its cryptocurrency exchange-traded products, or ETPs, to the latter’s savings plan program (Spar plan). As a result, comdirect’s nearly three million...
Read More »Signs of Whale Accumulation, but Where is Bitcoin Potentially Heading if $30K Breaks? (BTC Price Analysis)
BTC started the week with a 7% pullback, a jump in BTC Bitfinex Shorts, and uncertainty over Grayscale’s GBTC unlock. On-chain analysis detected Net Exchange Inflows and increasing Bitfinex Shorts before BTC started its latest price dump, as can be seen on the following charts: BitFinex shorts accumulating before the recent BTC crash Netflows of BTC. Daily chart by CryptoQuantHowever, the good news for the bulls is that there are signs of large investors stepping in and...
Read More »Tron (TRX) Price Analysis: Bears In Control Below $0.060
Tron price started a fresh decline from well above $0.0650 against the US Dollar. TRX price is now trading well below $0.0620 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0640 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue lower below $0.0560 unless the bulls gain strength above $0.0650. TRON price is slowly moving lower below $0.0600 against the US Dollar, similar to bitcoin....
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