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JPMorgan Implies that El Salvador’s Bitcoin Move Has no Economic Benefits 

Following El Salvador’s move to adopt bitcoin as a legal tender in the country, Wall Street giant JPMorgan seems not to be impressed by such a monumental decision from the Central American nation. JPMorgan Comments on El Salvador’s Bitcoin Move In a recent note to investors, as tweeted by Financial Times correspondent Robin Wigglesworth, JPMorgan commented that the recent move made by El Salvador to make bitcoin legal tender was growth-oriented. However, the American...

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FootballCoin Launches Euro 2020 Fantasy Game with Collectable NFTs and XFC Prizes

[PRESS RELEASE – Please Read Disclaimer] 11th June 2021, Dubai, UAE — Pioneering Football Fantasy Blockchain platform  FootballCoin has launched the new version of its game for EURO 2020. The announcement comes with increased prizes for all daily contests and a 100.000 XFC prize for the top managers in the game. EURO 2020 Fantasy Football For anyone who is either getting ready to watch the Euro 2020 matches, enjoys fantasy football or is passionate about cryptocurrency and...

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Crypto Market Cap Struggles to Maintain $1.5 Trillion, Bitcoin Amid $35K (Weekend Watch)

After yesterday’s price declines, bitcoin has calmed around the $35,000 price line. Most alternative coins are also somewhat stagnant on a 24-hour scale, aside from Polygon (MATIC). The asset has spiked by double-digits to $1.4. Minor Recoveries Among Alts: Polygon 15% Up The weekend didn’t start all that well for the altcoins market. The biggest altcoin, Ethereum, had already retraced from $2,600 to $2,500 before it went even further south to $2,250. Since then, ETH found...

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Taproot is Here: Miners Lock In Bitcoin’s Biggest Upgrade in Years

Bitcoin is finally one step closer to make history with Taproot, a major event perhaps as important as SegWit or the last halving. Taproot, the most ambitious Bitcoin update since 2017, has been finally approved by miners and was locked in for implementation in November this year. Taproot is (Or Will Be) Finally Here! Because of its decentralized nature, the deployment of a Bitcoin update must go through an approval process and cannot simply be released to the world at the...

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Kevin O’Leary: BTC Will Be Bigger Than Stocks

Kevin O’Leary – aka Mr. Wonderful on the television show “Shark Tank” believes that bitcoin could eventually overpower the stock market. Kevin O’Leary: Sustainability Will Make a Big Difference His sentiment comes from the sudden shift that many bitcoin miners are making. Initially, bitcoin was the subject of much concern and disgust amongst environmentalists, who claimed that the extraction process behind bitcoin was contributing to severe atmospheric destruction....

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Ethereum Co-Founder Anthony Di Iorio Bets Big on the Future of Cardano and Polkadot

Anthony Di Iorio, a Canadian entrepreneur and the co-founder of leading smart contract platform Ethereum, said that he believes in the potential of Cardano (ADA) and Polkadot (DOT). In an interview with crypto proponent Anthony Pompliano, Di Iorio, who is also the CEO and founder of Canadian blockchain startup Decentral and crypto wallet Jaxx, revealed that he has a diversified investment portfolio featuring several top projects, including Cardano and Polkadot. A Big Fan of...

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New York Crypto Firm Coin Seed Is Ceasing Operations

Crypto trading firm Coin Seed has decided to shut its doors for good following a lawsuit brought forth against it earlier in the year by New York Attorney General Letitia James. The company has been accused of fraudulent activity after moving customer funds without permission and for selling “worthless” tokens in what is alleged to have been a phony initial coin offering (ICO). Coin Seed Is Closing Down for Good In a statement, Del Davaasambuu – the CEO and co-founder of...

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Large, Luxury Penthouse in Miami Sells for $22 Million in Crypto

One of America’s most luxurious penthouses just sold for more than $22 million – and the deal was completely finalized through cryptocurrency. The home consists of four bedrooms and is located within a condo building known as Arte by Antonio Citterio, which is situated in Miami Beach, Florida and designed by real estate developers Alex Sapir and Giovanni Fasciano. Miami Real Estate and Crypto… A Perfect Match? While crypto-real estate deals have been occurring over the...

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Angst vor Zentralisierung des Bitcoin durch Mining Council wird laut

Neue Details bezüglich des Bitcoin Mining Councils (BMC) werden öffentlich und die Bitcoin-Community äußert bereits die ersten Sorgen, dass der BMC eine Zentralisierung des BTC vorantreiben könnte. Bitcoin News: Angst vor Zentralisierung des Bitcoin durch Mining Council wird lautKritiker sehen im BMC keinen Versuch, Grüne Energie und Bitcoin zusammenzubringen. Vielmehr geht es beim neugegründeten Council darum, den BTC durch die Hintertür zu zentralisieren – nicht selten fällt in diesem...

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Texas Banks Can Now Provide Bitcoin Custody Services For Clients

With the recent increase in Bitcoin adoption, the Texas Department of Banking has confirmed that Texas state-chartered banks will now be allowed to store BTC and other cryptocurrencies for their clients. Texas Banks to Hold Bitcoin In an official notice issued Friday, the regulator noted that state-chartered banks can provide crypto-related services to their clients as long as they have “adequate protocols in place to effectively manage the risks and comply with applicable...

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