Crypto news

The Bitcoin Academy is a new project developed and initiated by rapper and businessman Jay-Z and former Twitter executive Jack Dorsey. Jay-Z, Jack Dorsey, and the Bitcoin Academy The goal was to present crypto opportunities and education to residents of the Marcy Houses (a housing project in New York where Jay-Z allegedly grew up) and provide them with information they’ll need to maintain financial independence and freedom. Classes range from “Careers in Crypto” to “Why...

The decentralized stablecoin protocol MakerDAO has committed to converting $500 Million of its DAI reserves into bonds and U.S. treasuries.  This marks the decentralized autonomous organization (DAO)’s the first investment in high-quality government debt.  As MakerDAO explained over Twitter, MKR holders voted to deploy its peg stability module’s USDC on liquid bonds, using its recently created real-world asset Maker Vault. The allocation will consist of 20% investment-grade...

Gary Gensler made a big announcement on October 3, saying the US media personality and reality star Kim Kardashian had settled with the agency in a fraudulent crypto promotional case. However, a Fox reporter now claimed that the SEC Chair had violated protocol by overhyping the settlement for his personal political agenda. Gensler Did it Wrongly? CryptoPotato reported on October 3 that Kardashian had agreed to pay $1.26 million in penalties, disgorgement, and interest for...

Bitcoin’s price appears to be stuck in a relatively wide range between $18,000 and $24,000 for the past couple of months, and it’s unable to escape. Meanwhile, data from the popular cryptocurrency analytics resource, Glassnode, revealed the average price that whales have been accumulating since January 2017. According to Glassnode, Bitcoin whales bought Bitcoin at an average price of about $15,800 for the period between now and January 2017. To be precise, these are wallets...

Now that The Merge is in full swing, is it possible Ethereum could potentially flip bitcoin and become the largest and most powerful digital currency in the crypto space? Will Ethereum Overtake BTC? Many analysts have been talking about what they refer to as the “flippening” for some time. The idea is that Ethereum will eventually become so strong it could ultimately outdo bitcoin, and what was once the world’s second largest digital currency by market cap will become...

In der Schweizer Stadt Lugana kann nun mit Bitcoin und Tether bezahlt werden. Die Stadt ist mit seinen 63.000 Einwohnern eine größere Kleinstadt, doch ein Erfolg des Projekts könnte den Fast Food Riesen durchaus zu einer flächendeckenden Einführung bewegen. Bitcoin News: Schweizer McDonald’s akzeptiert BitcoinDie Stadt Lugana kann als Vorreiter im Bereich digitaler Ökosysteme betrachtet werden, da viele Tech-Projekte hier mit offenen Armen empfangen und umgesetzt werden. Die Adoption des...

Up until now, ETH has managed to remain above $1,200 despite the increased selling pressure, but the price clearly shows that the downward trend is weakening after the Merge. However, this doesn’t mean that bullish momentum is underway. Technical Analysis By Grizzly The Daily Chart ETH was supported by the ascending line (in green) again, and increased investor confidence prevented the price from closing below it. The chart currently shows no notable signs of bullish momentum...

The market is currently attempting a recovery that might take the price up to $22K after being supported by the critical $18K level. However, there is significant resistance at around $20K. The bearish phase appears far from over as the substantial lack of demand in the market continues. Technical Analysis By Shayan The Daily Chart The descending multi-week trendline (currently at $20.5K) has been acting as significant resistance to the price for the past five months....

A court in South Korea has issued an arrest warrant for crypto executive Do Kwon, the head and founder of blockchain platform Terraform Labs. Kwon is facing charges of fraud following the collapse of the algorithmic stable coin Terra Luna, which fell apart over the summer and is alleged by many to be the responsible party for the bearish conditions bitcoin and the crypto space are now contending with. Terra Luna Was a Disaster Terra Luna is widely considered to be one of...

Press Release: Players can win super BTC prizes with the new Battle for the Aegis Dota 2 Tournament on 1xbit. 6th October 2022, Limassol, Cyprus — Now is the perfect time for you to let your fears go and embrace the winner in you. The new eSports tournament from 1xBit, Battle for the Aegis, has been primed to let you and other potential winners show their sportsmanship and earn in the process. The Battle for the Aegis tournament will see players bet on Dota 2 events and...