Crypto news

Polkadot’s parachain smart contract platform with Ethereum compatibility, Moonbeam, has recently completed its pre-launch process and is now live on the Polkadot network. Moonbeam Launches on Polkadot Announcing the launch on Tuesday, the project’s team noted that Moonbeam is the first fully operational parachain on the Polkadot blockchain. With the release, the protocol will pave the way for over 80 projects in its ecosystem to be deployed. Earlier in October, Moonbeam won...

Fintech merchant services provider and crypto mining firm The OLB Group, Inc. has signed a long-term lease on a 10,000 square foot warehouse in Bradford, Pennsylvania. The building can store as many as 2,000 Antminer machines and is situated in an industrial park near the city’s regional airport as a means of limiting the noise the machines produce and affecting nearby residents. The OLB Group is Bringing Crypto Closer to Home The facility will be fully powered by...

The Northwest Arkansas Council has stepped into the world of crypto by giving away $10K worth of bitcoin to professional workers. The only condition: they have to settle in the region. Move-in and Get Bitcoin Northwest Arkansas is widely regarded as one of the top places to live in the United States due to its job opportunities and low cost of living. Despite its advantages, the region consists of mere 540,000 inhabitants. To attract more individuals to settle in the area,...

2022 was supposed to be the year in which bitcoin reached the six-figure mark. Many analysts believed that by the end of the year, $100,000 would be achievable for the world’s number one digital currency by market cap. However, given the recent bearish trends bitcoin has been following, a poll released by financial giant JPMorgan suggests that many people are changing their minds. JPMorgan Poll Shows Fewer and Fewer People Believing in the Power of BTC 2021 was arguably...

Alkesh Shah – analyst at Bank of America – predicted Solana could continue to steal some of Ethereum’s market share as it’s easy to use and has significantly lower transaction fees. The strategist further asserted that Solana could become “the Visa” of the cryptocurrency industry. High Hopes for Solana Solana has been one of the top-performing cryptocurrency projects in the past 12 months. Its native token has increased its USD value by nearly 4,300% in one year and is...

Similar to the consolidation in May-July 2021, the market is forming a significant supply/demand level in the $40K-$42K range. Aside from the short-term price trend, the mentioned area will be a significant support (or resistance) for long-term price actions. Technical Analysis Many analysts believe the $40K-$42K zone resembles the $30K-$32K range in May-July. Since December 5th, the $40K-$42K zone acted as good support. But, considering the low demand in the spot market,...

The IOTA Foundation was recently selected as a contractor for Phase 2 of the EU blockchain’s pre-commercial procurement. They will now develop prototype improvements for the European Blockchain Services Infrastructure (EBSI)’s future versions. Competing For The EU The foundation announced the commission’s support in a blog post on their site earlier today. They will be competing with four other selected contractors to research how the EBSI could be made more scalable,...

Lawton Plastic Surgery in San Antonio, Texas is the latest business to say “yes” to cryptocurrency payments. Owned by Dr. Gary Lawton, the facility is supporting assets like bitcoin, Ethereum, and several other altcoins, and has agreed to accept these assets as methods of payment. Lawton Plastic Surgery Will Accept BTC for Procedures In an interview, Dr. Lawton said: Cryptocurrency not only serves as an alternative payment method but can very well be the currency of the...

Das in der PayPal-App hinterlegte Logo für den PayPal Coin. Quelle: PayPal iPhone app Auf Basis von Aussagen eines Entwicklers, welcher innerhalb der PayPal-App Informationen auf einen möglichen Stablecoin des Dienstleisters gefunden hat, gab es bereits Gerüchte um die Entwicklung. Nunmehr hat der Zahlungsdienstleister die Pläne bestätigt. Bei dem grossen amerikanischen Dienstleister PayPal wurde angeblich die geplante Einführung des...

For the first time in quite a bite, the past seven days have turned out to be positive for Bitcoin, although the overall cryptocurrency market is slightly down throughout the same period. Data from CoinGecko shows that the market capitalization is down some $40 billion. Starting with Bitcoin, its price was hovering around $41,000 this time last week and very soon after that increased to $42K only to drop towards $40K on Monday. Since then, however, the cryptocurrency has been...