Tag Archives: social

Five-time Super Bowl winner – The Dallas Cowboys – introduced the cryptocurrency platform BlockchainCom as its sponsor. The collaboration will roll out numerous experiences to fans, such as trips to away games and events hosted by the players. ‘America’s Team’ and BlockchainCom The cryptocurrency industry continues to engage with the US National Football League, with the latest example coming from one of the most successful NFL clubs – The Dallas Cowboys – which announced its...

Two of India’s largest crypto exchanges – CoinSwitch Kuber and WazirX – have halted deposits in Indian rupees citing regulatory problems, triggering a wave of angry protests by investors on social media. It comes two days after Coinbase halted deposits in Indian rupees on Sunday, barely 3 days following its launch in India on April 7. The regulatory problem mentioned by these exchanges is a euphemism for the denial of instant retail payments services through the Unified...

As per the press release shared with CryptoPotato, 1inch Network announced the expansion of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol on Fantom. The move will help users access deeper liquidity and more alternatives for efficient and cheap swaps. Expansion to Fantom With 1inch’s expansion on the scalable, EVM-compatible Layer 1 blockchain protocol, Fantom, a myriad of protocols will make the transition as well. Some of those names include Solidly,...

Cryptocurrency exchange Bitfinex, in collaboration with USDT issuer Tether, recently launched a digital asset fund and donated over $1 million in bitcoin to assist families in El Salvador affected by the ongoing gang violence in the country. Crypto Relief Fund Initiative is Bootstrapped With 25 BTC Bitfinex chief technology officer (CTO) Paolo Ardoino revealed that the company teamed up with Tether to support El Salvadoran families who have been hit by the violence...

After falling to its January 2021 all-time high of around $42,000, bitcoin has maintained that level following a relatively still trading day. The altcoins are also untypically calm today, with Monero being among the few exceptions and XMR tapping a three-month high. Bitcoin Remains Above $42K It’s safe to say that the primary cryptocurrency has seen better days as it attempted to jump above $47,000 earlier this week. However, it failed on both occasions when the bears...

Bitcoin and other cryptocurrencies could outperform bonds and stocks amid a potential recession, noted Michael Hartnett, BofA’s chief investment strategist. In a recent note, he argued that the US Federal Reserve’s new policy could push the country and most of the world into such an economic state. Crypto to Blossom Amid Upcoming Recession? After years of trying to fight the consequences of the COVID-19 pandemic through enhanced expansion of its balance sheet, which is now...

Derivatives-focused cryptocurrency exchange, BitMEX has teamed up with AC Milan to release limited edition non-fungible tokens (NFTs). The proceeds will be used to support the non-profit organization Fondazione Milan, linked to the wider scope of the soccer club’s Corporate Responsibility and Sustainability. The latest initiative is European soccer giant AC Milan’s first-ever NFT venture as it explores new ways to engage with its international fanbase of over 500 million...

Bitcoin’s recent nosedives continued in the past 24 hours, and the asset slipped to a 17-day low of around $42,000. Most altcoins are also deep in the red, with the most losses coming from Terra, Solana, Avalanche, Cardano, and Dogecoin from the larger-cap ones. Bitcoin Tested $42K It was just several days ago when bitcoin was fighting to reclaim $47,000 and spiked above that level twice within a 48-hour period. However, the bears came out from hiding and didn’t allow any...

Block, formerly named Square, and Blockstream team up to mine bitcoin off Tesla-supported solar power in Texas, as reported by CNBC. Bitcoin mining is seen as an activity that incentivizes the monetization of renewable power production. Tesla’s 3.8 megawatts solar PV array, along with 12 megawatt-hours Megapack, will power the bitcoin mining facility located in Western Texas. Block stated that “100% solar-powered bitcoin mining project with Blockstream, using solar and...

The past week was filled with serious volatility, but unfortunately, a lot of it was to the downside. Bitcoin is currently trading at around $43,800, down 3.6% during the week. It’s interesting to note that this happens as the biggest BTC-focused event is currently taking place in Miami – Bitcoin 2022. The first week of April wasn’t very productive across the board. For BTC, the price was sitting at around $46,000 this time last week, and it was looking primed to test $47K....