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Diem Relocates From Switzerland to the US to Launch an USD-Backed Stablecoin

The Diem Association announced a strategic partnership with the crypto-friendly US bank – Silvergate Bank. Consequently, both parties plan to launch a stablecoin pegged to the American dollar. Additionally, the Association will relocate from Switzerland to the United States. A New Home for Diem The blockchain-based payment system Diem, launched by the social media behemoth Facebook, announced a new model of its impending stablecoin. The project – formerly known as Libra –...

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Could Bitcoin Be Heading Into Unstable “2017-ish” Territory?

Bitcoin appears rather stable as of late. The currency has had some relatively wonky up-and-down moments over the past few weeks, but for the most part, the currency has found some sturdy ground to stand on over the past two days and is trading for a little over $56,000. It is not the $64,000 it was at just a few weeks ago, but it is certainly not the $49,000 it briefly dropped to after that. Bitcoin Is Seeing Some of the Same Patterns Either way, one research group is...

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Sean Culkin Cut from Chiefs; Won’t Get BTC Salary

Apparently, the NFL (National Football League) really does not care much for bitcoin. Either that or they just did not need Sean Culkin, the tight end of the Kansas City Chiefs. Culkin made headlines not too long ago when he announced that he was set to receive his entire annual salary as a football player in bitcoin, though now it looks like this dream is not going to become a reality. Sean Culkin Cut By the Chiefs At 27 years of age, Culkin signed a future contract...

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?CryptWord? – The Innovation of Deflated Token and Never Panic Sell

? DUMP PREVENTION MECHANISM☑️ Dev-token will be locked for 15 day☑️ Prevent dumping on presale-token?No rugpull✅Audited by Solid: https://tinyurl.com/wvpzuxam ?TOKENOMICS Contract address: 0Xb5Cfc7B83C020109E466589Ae18941F12Ae22D44 Total Supply:                      10.000.000Private Sale:                       900.000Pre-sale:                             6.405.000Liquidity:                             1.222.773 Marketing, development:  1.472.227 TGE : 35% 35 %...

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FXT Token Price Escalated by 1,500% in First Half of May: Positioned Itself as a Promising Project

May 13, 2021: FXT, a blockchain-based trading technology platform that successfully completed the ICO of its FXT token for global investors, recorded a whopping 1,500% increase in its token price in the first half of May. FXT tokens are Ethereum-based tokens created to serve as a digital currency for different payments and trading. Powered by disruptive blockchain technology, FXT tokens can potentially drive more transparent, secure, expedited, and cost-efficient...

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Weentar is Going to Incentivise Social Media Activity

If you thought that blockchain technology couldn’t get any further, you would be surprised. Weentar is now developing a decentralized social media project that will make the most out of blockchain technology. Not just that, but it will make creators a pillar of the worldwide economy. Did we catch your attention? Then read further and find out what they plan for influencers and artists around the world. What is Weentar about? Weentar is an in-development blockchain...

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Despite the Correction: Bitcoin’s Hash Rate and Mining Difficulty at ATH

Despite the sudden price correction, bitcoin’s fundamentals continue to reach new highs. The asset’s hash rate has recovered its recent declines and marked a new ATH. Accordingly, the network’s mining difficulty saw its most significant increase in nearly seven years to a new record level as well. Hash Rate and Mining Difficulty to New Records Bitcoin’s hash rate is the measuring unit of the processing power on the asset’s blockchain. The general rule of thumb suggests that...

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Digitex Announces Launch of Blockfarm Yield Farming: First Program Offers $50K ETH

[PRESS RELEASE – Please Read Disclaimer 13/05/2021, St. Vincent – Digitex Ltd, a commission-free crypto futures and spot exchange, has announced the launch of its new yield farming platform, Blockfarm, built within the Digitex exchange. Through Blockfarm, users can earn an attractive passive income on their crypto holdings in a short space of time by staking the exchange’s native DGTX token to receive rewards in different cryptocurrencies, starting with Ether (ETH). At a time...

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MicroStrategy Buys Another $15M Worth of Bitcoin at $55K

Despite the volatile market conditions, Michael Saylor’s business intelligence giant has doubled down on its BTC-related strategy. The firm bought another chunk of 271 bitcoins, and its total stash is now nearly 92,000 coins. The NASDAQ-listed company announced the latest purchase of 271 bitcoins on May 13th. The firm said it had bought the amount for $15 million. Despite being brought to the world today, the purchase was most likely made yesterday, as MicroStrategy said the...

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Tesla verabschiedet sich von Bitcoin und der Preis bricht ein

Das Medienecho war groß, als Elon Musk vor wenigen Wochen verkündete, dass Tesla von nun an Bitcoin als Zahlungsmittel akzeptieren würde. Doch gestern setzte Tesla genau diese Zahlungsmöglichkeit wieder aus – Elon Musk erklärte die Vorgehensweise auf Twitter. Bitcoin News: Tesla verabschiedet sich von Bitcoin und der Preis bricht einAuf Twitter erklärte Musk, dass Zahlungen mit Bitcoin nicht mehr bei Tesla akzeptiert werden würden, da der BTC zu viel Energie verbrauche. Als Zeichen für den...

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