Bitcoin and other forms of crypto have been experiencing a heavy pullback as of late. BTC, the granddaddy of all digital currencies, is now trading once again for just over $40,000, a slump it managed to get away from a few weeks ago. Bitcoin Has Stumbled, but There May Be Hope However, now it looks like things are going back to “normal,” and when we say normal, we mean back where bitcoin has been for most of 2022. For the most part, this year has not been terribly kind...
Read More »Delivery App Rappi Says “Yes” to Future Crypto Payments
Colombian app Rappi – which delivers food and other household items directly to customers – has announced its intention to accept crypto payments in the coming future. Rappi Will Accept BTC Next Year The move is essential to the crypto space in that it brings the initial goals of bitcoin and many of its altcoin cousins closer to being accomplished. What many people likely forget is that bitcoin and other digital currencies – while primarily taking on speculative forms –...
Read More »Silvergate Q1 Revenue Surges Despite Falling Crypto Trading Activity
Silvergate Bank – a bank dedicated to serving crypto industry institutions – saw its Q1 income nearly double over last year’s figures. However, it also reports falling BTC and ETH spot trading volume from the last quarter. According to the bank’s Q1 earnings report unveiled on Tuesday, income for common shareholders increased 34% from the prior quarter, and 94% from last year. Meanwhile, revenue rose 22% and 93% from last quarter and last year, respectively. The company’s...
Read More »BitMEX’s Arthur Hayes Warns of Bitcoin Crash; $30K Price Coming?
Arthur Hayes – the co-founder of BitMEX, one of the biggest digital currency exchanges in the world – is worried the price of bitcoin could drop to $30,000 by June. Arthur Hayes Thinks Bitcoin Is Going Down Heavily Bitcoin – and several other forms of crypto – have been on a downward spiral in recent days. The world’s number one digital currency by market cap recently encountered something of a short bull run, in which the asset gained about $8,000 to hit $48,000 in just...
Read More »Mexican Soccer Giant Tigres to Embrace Bitcoin as Payment Method
One of the most successful soccer clubs in Mexico – Tigres – partnered with Bitso to enable fans to purchase tickets in bitcoin. The latest cryptocurrency adoption does not end there, as the leading delivery platform in South America – Rappi – and the renowned provider of jewelry and precious metals – SFL Maven – revealed the same intentions. Bitcoin Gets one Step Closer to Mexican Soccer Seven-time champion of Mexico’s premium soccer league – Tigres – disclosed it...
Read More »Over 10% of Americans Will Own Crypto by Year-End: Research
According to a forecast on the crypto industry released on April 20 by research firm Insider Intelligence, nearly 34 million Americans will own cryptocurrency by the end of the year. That equates to around 10% of the population, though the company reported a higher figure of 12.8%, possibly taking the adult population figures into account rather than the total. The researchers predicted that the number of U.S. adults who own and use crypto for payments will double digits by...
Read More »Teilt Binance Nutzerdaten mit Russland?
Reuters hat gegen Ende der Woche gemeldet, dass die weltweit größte Crypto-Börse Binance Nutzerdaten mit staatlichen russischen Instituten teilen würde. Laut Reuters wurden diese Daten vor allem vom russischen Sicherheitsdienst genutzt, um Kriminalität im eigenen Land zu bekämpfen. Doch Binance verneinte diese Anschuldigungen nun. Crypto News: Teilt Binance Nutzerdaten mit Russland?In einem konkreten Fall ging es um finanzielle Unterstützung des Kreml Kritikers Alexei Navalny, der Millionen...
Read More »Bearish Weekend Watch: Bitcoin Dumps Below $40K, Ethereum Beneath $3K
The adverse price developments continued in the past 24 hours, and bitcoin dropped below $40,000 for the second time this week. The alternative coins are also well in the red, at least most of them, but ApeCoin has defied the market sentiment and soared by double-digits. Bitcoin Lost $40K It was just a few days ago when the primary cryptocurrency spiked to almost $43,000, which became its highest price level in over ten days. This was a particularly impressive price tag...
Read More »СhoiseCom Launches CHO NFT Sale and Introduces CHO MetaFi Collection
[PRESS RELEASE – London, UK, 21st April, 2022] Choise.com is the world’s first MetaFi (CeFi/DeFi) platform that reduces blockchain fees by up to 50 times and provides 100 million CeFi sector users with highly profitable DeFi products. Now the project announced the launch of a unique token sale for the crypto market. On April 26th, it will become possible to purchase NFTs containing CHO tokens of the Choise.com project on the official website. Thanks to the revolutionary web...
Read More »BingX Opens its Doors in Lithuania, Expanding its Global Footprint
[PRESS RELEASE – Singapore, Singapore, 22nd April 2022] Leading Crypto Social trading exchange, BingX is extremely delighted to officially open its new office and establish a licensed cryptocurrency business in Lithuania. BingX is a global digital asset, spot and derivatives trading platform with branches in the United States, Canada, Australia, Hong Kong and Taiwan. As a technology and security-driven company, BingX is based on a broader global market and istrusted by...
Read More »