Tag Archives: social

Arab Bank Switzerland will enable its institutional clients to store, stake, and trade XTZ – the native cryptocurrency of the popular blockchain project Tezos. This announcement comes amid the token’s recent price surge, which led it to a new all-time high. The press release seen by CryptoPotato reads that the banking organization, founded in 1962, has selected Tezos to develop a new set of “innovative and compliant” on-chain digital financial products. The private bank will...

Lord Fusitu – a Tongan barrister, landowner, and MP – is a fervent supporter of making Bitcoin a true currency inside the nation’s borders. He plans on tabling a bill to make Bitcoin legal tender alongside Tonga’s national currency, the pa’anga. Why Make Bitcoin Legal Tender in Tonga? Tonga is a small island nation and archipelago east of Australia. As reported by Financial Review, Fusitu’s first step towards adopting Bitcoin is to work with Jack Maller’s digital wallet...

The Bitcoin Long-Term Holder Supply Shock Ratio has gone into its highest territory in years, shows on-chain data. Historic comparisons reveal that this could mean that the price of the cryptocurrency could soon head upwards once more. LTH Supply Shock Citing data from the analytics company Glassnode, popular crypto strategist Will Clemente recently outlined the significant trend change of long-term holders and their behavior towards the primary cryptocurrency. This coincides...

According to a recent poll, most cryptocurrency investors from Kenya, Nigeria, and South Africa have entered the digital asset market with long-term goals such as securing their families’ wellbeing. Crypto to Fund Children’s Education The London-based company – Luno – conducted a survey with nearly 7,000 participants from Nigeria, Kenya, South Africa, the UK, Australia, Indonesia, and Malaysia to determine the reasons that drove them into getting involved with digital...

An anonymous buyer at an Australian auction paid $361,000 in bitcoin to acquire a classic Subaru WRX driven by the rally champion Colin McRae. Racing Car in Exchange for BTC According to a recent report, the automobile was located in the back of a Victorian shed for some time, and few people knew how valuable it was. When Lloyds Auctions introduced it, the machine’s estimated price was not more than $15,000. An investigation, though, found out that the car was particularly...

Bitcoin’s price is more than 60% up since the start of the year. Yet, it’s nearly 30% down since the April peak. With just a few months left until the end of the year, predictions are flying left and right about the asset’s price tag at that point. One of the most popular models – the Stock-to-Flow – sees BTC tapping into a six-digit territory by December’s end. If bitcoin is to go into such unseen and unimaginable (until recently, at least) heights, it would have to more...

Mainland Chinese users of KuCoin will have to withdraw all their funds and close their accounts by the end of the year, said the exchange earlier today. This is a direct consequence of the latest crackdown from the People’s Bank of China. Citing the regulatory pressure from the Chinese authorities, KuCoin announced earlier on October 3rd that all local users will have to close their existing positions and withdraw the remaining funds out of the exchange before 24:00 (UTC +8)...

Following the past few days of marking gains, bitcoin has calmed a bit around the $48,000 mark. Some alternative coins have kept climbing, though, with Solana surging 8% and Terra jumping to a new all-time high after a 20% daily increase. LUNA Marks New ATH: Sol 8% Up The alternative coins have been on a roll in the past few days after the mid-week price drops. Ethereum had dipped to $2,900 following the latest Chinese Fud. However, ETH has reclaimed more than $500 since then...

According to a recent research, 38% of Spaniards between 25 and 40 years old plan to enter the cryptocurrency market in the coming months. Moreover, 21% of the participants have already invested in bitcoin or some altcoins. Are Spaniards Flocking into Crypto? The Spanish neobank Rebellion conducted a survey to determine whether young Spaniards were thinking of jumping on the cryptocurrency bandwagon in the near future. Per the results, more than one-third of the participants...

Bitcoin’s price closed in September at a lower level than it did in August. While that may sound like a negative occurrence for BTC bulls, the popular cryptocurrency analyst PlanB actually saw this happening months ago and predicted the exact closing price. Furthermore, he provided even more favorable prices for the end of October, November, and December. Bitcoin to Close Oct at Near ATH? BTC went through a roller-coaster in the past few months after the peak, which it...