Shark Tank and Dallas Mavericks billionaire co-owner Mark Cuban recently disclosed that a significant portion of his crypto holdings are stashed in bitcoin because he believes the cryptocurrency is a better store of value asset than gold. Speaking in a recent episode of the Delphi Podcast as published on CNBC, Cuban noted that of his total crypto holdings, 60% are in BTC, 30% in Ether (ETH), and the remaining 10% is allocated to other altcoins. Bitcoin Is Superior To Gold...
Read More »One Bitcoin Will Buy a Lambo This Year and a Bugatti in 2022, Kraken CEO Says
One bitcoin will be able to buy a Lamborghini model by the end of the year and a Bugatti in 2022, said Jesse Powell – the CEO of the veteran US crypto exchange, Kraken. During a recent interview with Bloomberg, he was also bullish on Ethereum, predicting a price tag well above $2,000 due to the upcoming ETH 2.0 release and the large number of projects built on top of it. One BTC for Lambo and Bugatti Kraken’s CEO has been highly-optimistic regarding BTC’s future price...
Read More »R3’s Blockchain Network Corda to Use XDC as Settlement Coin
A global open-source hybrid blockchain protocol, eXchange inFinite (XinFin), has partnered with the enterprise software firm R3. As a result, the latter’s DLT-based platform Corda will use the XDC token as the primary settlement coin. The Bridge Between R3’s Corda and Blockchain Networks In a press release shared with CryptoPotato, both parties announced the collaboration, which will establish a bridge between R3’s Corda network and other blockchain platforms. Described as a...
Read More »Users Can Now Book Flights With Dogecoin (DOGE) on AirBaltic
Latvia’s flag air carrier, airBaltic, has reaffirmed its pro-cryptocurrency approach by enabling customers to make bookings with other digital assets, including Ether (ETH), Dogecoin (DOGE0 and Bitcoin Cash (BCH). Those tokens have joined the list of four USD-pegged stablecoins and the first-ever cryptocurrency – Bitcoin.DOGE and ETH to Be Used for Air TravelAS Air Baltic Corporation, also referred to as simply airBaltic is Latvia’s flag carrier that has also displayed a pro-digital asset...
Read More »Visa to Settle USDC Transactions on Ethereum
Visa is to become the first large payments network to use a stablecoin as a settlement currency. By partnering with the popular cryptocurrency exchange Crypto.com, the San Francisco-headquartered giant will offer a crypto settlement system for fiat transactions based on the Ethereum blockchain. According to the announcement from earlier today, Visa has joined forces with Crypto.com to bring its first-ever non-fiat settlement program. The company’s standard settlement process requires parties...
Read More »Circle Launches Credit Card Payment Solution for the NFT Market
Leading crypto fintech startup Circle Internet Financial has announced the launch of a payment solution for the non-fungible tokens (NFTs) market. It will enable investors and content creators to make payments using credit cards and cryptocurrencies.Promoting NFT AdoptionThe company stated in an announcement today that it hopes the initiative would get more investors onboarded into the NFT bandwagon. Jeremy Allaire, Circle co-founder, and CEO said the initiative is important for content...
Read More »EIP-1559 Might Not Lower the High Ethereum Transaction Fees: Report
In a report exploring one of the most discussed topics within the community, namely the high fees on the Ethereum network, CoinMetrics indicates that the costs now are roughly two-times higher than during the 2017/2018 run.However, the paper warned that the upcoming EIP-1559 upgrade might not solve the issues.Ethereum Fees: Then and NowThe Ethereum blockchain is arguably the most widely-utilized network in the cryptocurrency space. However, being the underlying technology of the two hottest...
Read More »Bitcoin Takes Back $56,000: ETH Reclaims $1,700 (Weekend Watch)
Following another dip to $54,000, bitcoin has bounced off and has added over $2,000 of value. Some altcoins have registered even more impressive gains in the past 24 hours, led by Binance Coin’s 9% surge to $275.BTC Retakes $56KAfter the mid-week price slump when it dropped from over $57,000 to a three-week low of just above $50,000, bitcoin has been gradually increasing in value.Even the fears that the record $6 billion worth of options contracts that expired on Friday would insert enhanced...
Read More »Bitcoin Reclaims $55K: 10% Recovery In 48 Hours (Weekend Watch)
After several days of price slumps, bitcoin has bounced off and neared the $55,000 level. Despite this increase, though, its market dominance has suffered as most altcoins have added more value in a day. Ethereum has jumped to $1,700, BNB is above $250 again, and Cardano has increased to $1.20.BTC Recovers to $55KThe past several days didn’t go well for the primary cryptocurrency. Following a pro-BTC announcement from Elon Musk’s Tesla, the asset spiked to above $57,000. However, the...
Read More »Crypto Price Analysis & Overview March 26th: Bitcoin, Ethereum, Cardano, Uniswap, and Theta
It was a tough week in the cryptocurrency market as the majority of it is in the red. The big exception this week is THETA which skyrocketed and found a place in the top 10.BitcoinBitcoin is down by a total of 8% over the past week of trading as the cryptocurrency currently trades at $53,330. It attempted to break resistance at $60,000 last weekend but failed. As a result, it started to head lower on Sunday and went on to break beneath the March ascending trend line on Monday.After that,...
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