Tag Archives: AA News

Bitcoin has crossed the halfway line of its third halving, which the community sees as a bullish sign for its price since the issuing rate is reduced by 50%. Less Than 105,000 Blocks Away From Next Halving After Block 735,000 was mined on Thursday by Poolin, earning 0.16215354 BTC ($6,402.45) in fees, Bitcoin officially entered the second half of the third halving cycle. This one – like any other in the past or the future – has 210,000 blocks available to be mined, and half...

The US Securities and Exchange Commission has approved yet another proposal for a futures Bitcoin ETF. According to the official document, Valkyrie’s XBTO Bitcoin Futures Fund is the latest such product to have secured approval from the SEC. Valkyrie XBTO Bitcoin Futures Fund was first filed in August 2021, and its approval follows that of Teucrium. However, the launch date has not been disclosed yet. Unlike its Canadian, European, and Latin American counterparts, the US...

The Central Bank of the Argentine Republic (BCRA) prohibited domestic financial institutions from facilitating crypto opportunities. The announcement comes a few days after two of the largest local banks – Banco Galicia and Brubank – revealed they will allow clients to purchase digital assets via their official websites. Argentina’s Central Bank Blocks the Crypto Offerings Earlier this week, the largest private bank in Argentina in terms of market value – Banco Galicia – and...

Users of the crypto-friendly browser will be able to access popular decentralized apps, including DEXs like PancakeSwap, 1inch based on BNB Chain. Opera – a web browser supporting Web3 – has announced support for Binance’s smart contract blockchain, BNB Chain, on desktop and mobile. Opera Taps BNB Chain According to the official blog post, Opera revealed that the latest integration of its Crypto Browser with BNB will enable users to purchase BNB tokens with fiat as well as...

Italian high-end luxury fashion house Gucci is all set to accept cryptocurrency in five stores in the US later this month. The move comes as the company continues to explore Web 3. Gucci Taps Crypto According to a report by Vogue, Gucci also plans to amplify the pilot to all of its North American stores this summer that the leading luxury brand directly operates. In the beginning, Gucci will accept 12 cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Wrapped...

Crypto adoption in the United Kingdom continues to rise, with a reported 33% of the country’s consumers having previously invested in such assets. The figure is up 4% from six months prior, and is second in Europe only to the Netherlands’ whopping 47% statistic. Britons Buying Bitcoin The stat was gleaned from a bi-annual analysis conducted by Qualtrics, on behalf of cryptocurrency exchange Coinbase. It found that 61% of Britons who already own cryptocurrency plan to increase...

As more and more users are entering the Web 3 space, scaling has become one of the most interesting conversations. Move over Layer 1 and Layer 2. The latest beef is between Subnet and Supernet. Polygon co-founder Sandeep Nailwal took a jibe at Avalanche’s leadership, calling it “insecure” and “resorting to shit talking.” Subnet and Supernet It all started when Polygon announced Supernet to accelerate the adoption of layer 2 as well as blockchain technology. The new...

After the Central African Republic (CAR) announced adopting Bitcoin as legal tender and legalized the use of cryptocurrencies last month, the International Monetary Fund (IMF) warned that such a move might cause financial instability in the country. The criticism came on the heels of the organization expressing hawkish opinions on multiple occasions against El Salvador’s adoption of Bitcoin and president Nayib Bukele’s ambitious plan to introduce Bitcoin-backed bonds. The...

Renowned American rapper and actor – O’Shea Jackson Sr. (better known as Ice Cube) – asserted that he is a supporter of the first-ever memecoin Dogecoin. Thus, he put his name next to the likes of Elon Musk, Roger Ver, Snoop Dogg, Gene Simmons, and more. Ice Cube Among the DOGE Proponents Despite being created as a joke in 2013, Dogecoin emerged as a leading digital asset with a market capitalization of over $17 billion. The token also attracted numerous celebrities who...

After becoming the hottest trend in fintech and crypto over the past few months, the NFT space transitioned to a cooldown phase. But this trend appears to be changing as well as the latest edition of the Dapp Industry Report by Dapp Radar suggested that the market is coming back to life. Moonbirds, Otherdeed NFT Collections, Smash Records According to the report shared with CryptoPotato, it was the launch of two of the most anticipated collections ever has revived the sector...