A Step-by-Step Guide to Creating and Selling Non-Fungible Tokens Built With Bitcoin Cash NewIn the summer of 2019, our newsdesk published a step-by-step guide on how to create a non-fungible token (NFT) asset by leveraging the Simple Ledger Protocol built on top of the Bitcoin Cash blockchain. The following guide is an updated walkthrough on the process of creating an NFT collectible using the blockchain network with artwork…
Banks Turn Away Customer Deposits due to Negative Interest Rates in Germany NewBanks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take their deposits elsewhere. Negative Interest Rates Imposed by ECB Force Banks to Turn Away Customer Deposits Banks in Germany have…
North America’s First Bitcoin ETF Now Holds Over 11,000 BTC NewThe first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching from other means of getting cryptocurrency exposure. First North…
Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could NewThe creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible. Price of Bitcoin 26%…
Citigroup: Bitcoin Is at a Tipping Point, Could Become Preferred Currency for International Trade NewCitigroup says bitcoin is at a tipping point and the cryptocurrency could become “the currency of choice for international trade.” The firm wrote in a report that “we could be at the start of massive transformation of cryptocurrency into the mainstream.” Bitcoin Is at the Tipping Point, Citi Says Citigroup’s Global Perspectives & Solutions (GPS)…
Biden’s SEC Chair Pick Gary Gensler Reveals Policies on Bitcoin and Crypto Regulation NewGary Gensler, President Joe Biden’s pick to lead the U.S. Securities and Exchange Commission (SEC), has revealed his policies on bitcoin and other cryptocurrencies if confirmed as the SEC chairman. Gensler is a professor at MIT who teaches cryptocurrencies. He previously served as the chairman of the Commodity Futures Trading Commission (CFTC). SEC Chair Nominee…
BTC Branded ‘the Most Portable Asset’ as 420k Bitcoins Used as Collateral in Q4 of 2020 NewAccording to the findings of a joint Arcane Research and Bitstamp study, bitcoin’s unique characteristics, which include it being “the most portable asset”, are the likely contributing factors behind the increasing use of the crypto as a collateral asset. Bitcoin Unmatched This is evidenced by the study’s data which shows that approximately “420,000 bitcoins were…
PayPal Gets “Conditional” BitLicense, Will Work with Paxos TrustNew York has always been strict when it comes to bitcoin and cryptocurrency, but now that PayPal has entered the crypto fray, it looks like the company’s position in the Big Apple just got a whole lot easier. PayPal Is Asserting Itself in New York It has been announced that PayPal has been given what’s...…
PayPal Aims to Buy Bit Go, a California-Based Crypto ExchangeNow that PayPal has permitted the buying and selling of bitcoin and other forms of crypto on its site, it would appear the company fancies itself the ultimate crypto platform, and apparently, it’s looking to expand its horizons with the potential purchase of exchanges like Bit Go. PayPal Has Its Sights Set on Bit Go...…
The Amount of BTC Grayscale Manages Just Got A Lot BiggerBitcoin’s price isn’t the only thing getting larger in the cryptocurrency space. According to reports, the institutional presence in the space is expanding as well. Grayscale Investments, a crypto management service that handles accounts primarily for institutional investors, recently announced that the digital assets it’s overseeing grew by a whopping $300 million in a single...…
Cardano (ADA) Price Analysis: Holding Support, But Facing Major HurdlesADA price declined below $0.1060, but it found support near $0.1000 against the US Dollar. The price is facing hurdles near $0.1055 and it is well below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.1054 on the 4-hours chart (data feed via Kraken). The price...…
Ethereum Price Analysis: ETH Holding Important Support at $380Ethereum price started a downside correction from the $421 swing high against the US Dollar. ETH price is currently trading well above $380 and testing the 55 simple moving average (4-hours). There was a break below a major declining channel with support near $400 on the 4-hours chart (data feed from Coinbase). The pair is...…
Novogratz: BTC Is for Storing Value, Not for PaymentsMike Novogratz can be a hard man to read. As a billionaire investor and former ex-hedge fund manager, the man has had a lot of positive things to say about bitcoin, going so far as to compare the asset to gold. However, while he thinks very highly of bitcoin, he doesn’t see it being used...…
Is PayPal Bitcoin’s Best Hope Right Now?There are analysts out there that claim the PayPal-bitcoin relationship isn’t anything special. Now that they are more familiar with the fine print associated with the relationship, they are questioning just how far bitcoin can go with it. However, the sentiment also appears to be that even though the arrangement may not be perfect, PayPal...…
Earn Passive Income Cloud Mining with Xminer NewMining cryptocurrencies is one of the best ways to make money in the cryptocurrency industry. However, mining profitable cryptocurrencies like Bitcoin and Ethereum can be expensive since it requires high-end computing machines. Also, the cost of maintaining these machines is immense and beyond the reach of the average crypto lover. This is why cloud mining…
Bridge Oracle soon to launch Mainnet NewBridge Oracle will soon be launching services on its mainnet that will permit users to implement real-world DApps on the Tron network with the help of Bridge Oracle. March 1, 2021 — Bridge Oracle is pleased to announce the upcoming launch of its mainnet services. The mainnet will enable users to deploy real-world connected decentralized applications…
This Bitcoin Metric Shows Just How Far Away The Top Could Be NewBitcoin price is still more than 10% away from the highs set last month, and bulls have been struggling to regain the powerful momentum they had on the way up. However, while price action is feigning signs of being exhausted, blockchain data shows that growth in actual Bitcoin adoption is still on a steady, parabolic…
Evolve Fund Files for Ethereum ETF after Bitcoin Approval in Canada NewJust weeks after opening a Bitcoin (BTC) exchange-traded fund, Evolve Fund has opted to file for a similar ETF product based on Ethereum (ETH). With $1.7 billion assets under management, Evolve is a Canadian-based ETF provider that specializes in “bringing disruptive innovation ETFs to Canadian investors.” Just a month prior, Evolve Funds scored an approval…
Calls for Bitcoin Breakout Above $50,000 Grow; 3 Reasons Why NewA recent runup in the Bitcoin market has prompted many analysts to see BTC/USD pair breaking above $50,000 in the coming daily sessions.
Curve (CRV) Up 30%: A Still Undervalued DeFi Project? NewCurve Finance’s governance token CRV (not to be confused with CURV – recently acquired by Paypal) token has shot up to $2.46 on March 2nd from its monthly low of $1.80. Even with this recent jump, there is much evidence pointing to CurveDAO still having room to increase. First, what is Curve? Curve describes itself…
Fed’s Brainard Speech Offsets Bitcoin Crash Fears against Rising Yields NewBitcoin held onto its key technical support area despite a concerning sell-off on Tuesday, raising hopes that it might survive the bearish assault that brought its prices down by 21.32 percent last week.
Amazon Adds Support for Ethereum on Amazon Managed Blockchain NewAmazon Web Services (AWS), Amazon’s subsidiary in charge of cloud computing services, has announced that the Ethereum Network has now been integrated to allow users to provision Ethereum nodes and connect to the network in a matter of minutes. The service only supported Hyperledger in the past but will now also support not only Ethereum’s…
Autonomous Vehicles: GM, Ford & Constellation Network Develop Data Sharing Standard NewMobility Open Blockchain Initiative (MOBI) members General Motors (GM), Ford, and Constellation Network have all agreed to develop a new way for autonomous vehicles to share information in the coming years. As a part of the effort, the working group that includes GM, Ford, and Constellation Network, has created a wide-reaching document that will help…
OpenSea Guide: Buy, Sell & Mint Your Own NFTsNFTs, or non-fungible tokens, are quickly becoming one of the hottest digital commodities. While not exactly new, the typically Ethereum-based tokens are quickly breaking into the crypto mainstream. One of the more compelling platforms out there for buying and selling NFTs is OpenSea. The site acts not only as a marketplace and auction site, it…
Bullish: Citi Claims Bitcoin is “At The Tipping Point” to Become MainstreamCitigroup, one of the big four financial institutions in the United States, has recently published a report titled “Bitcoin: At The Tipping Point” in which the organization claims that cryptocurrencies are ready to become mainstream. The report was officially published on March 1st at a time when companies like Tesla, Paypal, Twitter, and Mastercard have…
Cardano Prepares for Mary Fork as ADA Breaks $40 Billion Market CapThe Cardano blockchain is now the third-largest project by market capitalization as its mainnet gets ready for the deployment of the latest upgrade, adding native assets functionality and Babel fees. The network’s native cryptocurrency saw its price spike to $1.48 on February 27th to reach a new all-time high at a time when most of…
XinFin: Enterprise Ready Hybrid Blockchain For Global Trade & FinanceFinancial applications of blockchain technology have been one of the most rapidly growing sectors of the industry since the start of the Decentralized Finance (DeFi) movement. XinFin has created new ways (PDF) to make DeFi work on a larger scale. This application takes advantage of the trustless nature of smart contracts to facilitate financial transactions…
Nexo Guide: A Full Suite of Crypto-Focused Retail Banking ServicesDespite the tumultuous year we had in 2020, cryptocurrencies have still managed to surface as one of the best-performing asset classes. Considering this rising popularity, there are numerous solutions emerging that allow you to grow your digital currency holdings. If you have cryptocurrencies sitting idle in your wallet, it might be the right time to…
TA: Ethereum Struggles Above $1,600, Why 100 SMA Is The Key NewEthereum traded to a new monthly high at $1,655 before correcting lower against the US Dollar. ETH price is struggling to stay above $1,600, but it is likely to remain stable as long as above the 100 hourly SMA. Ethereum extended its rise above the $1,600 and $1,625 resistance levels. The price is now correcting…
TA: Bitcoin Turns Attractive Above $50K, Why BTC Could Rally To $55K NewBitcoin price extended its rise and cleared the $50,000 resistance against the US Dollar. BTC is now consolidating gains and it is likely to climb further above $52,000. Bitcoin is trading in a positive zone above the $50,000 and $50,500 support levels. The price is now trading well above $51,000 and the 100 hourly simple…
Mark Cuban Slams Peter Schiff: Gold is Dead, Bitcoin and Ethereum Are Today NewMark Cuban hasn’t always been the biggest fan of Bitcoin, Ethereum, and other cryptocurrencies, but he’s recently come around as other Shark Tank investors have. Surprisingly, though, Cuban has come to the defense of the emerging technology, telling gold bug and vehement digital asset naysayer Peter Schiff that his precious metal is now dying as…
Time To Be Careful: Why Traders Are Cautious On Bitcoin Right Now NewBitcoin price is back above $50,000 after a short-lived correction in the range below the key level. However, since the cryptocurrency has reclaimed the halfway point to $100K, open interest has skyrocketed. The sudden sharp increase in open interest has traders cautious currently. Here’s a closer look at why that’s the case and what could…
Bridge Oracle Soon to Launch Mainnet NewBridge Oracle will soon be launching services on its mainnet that will permit users to implement real-world DApps on the Tron network with the help of Bridge Oracle. Bridge Oracle is pleased to announce the upcoming launch of its mainnet services. The mainnet will enable users to deploy real-world connected decentralized applications using Bridge Oracle…
Bitcoin Price Outlook: Executive Sees BTC/USD At $60,000 NewKey Bitcoin Takeaways Bitcoin prices jumps back above $52,000 and pushes higher. The gains appear as bond sell-off cools down after a week of turbulence. Greg Waisman, the co-founder of crypto wallet service Mercuryo, suggests BTC/USD could hit $60,000 in the coming sessions. Bitcoin prices rose Wednesday, breaking above $52,000 for the first time in…
Ethereum Flips Strong Resistance Levels as Price Eyes $2,000-Retest NewKey Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US government bond market continues to pose risks to rally. Ethereum prices surged on Wednesday, turning…
- A Step-by-Step Guide to Creating and Selling Non-Fungible Tokens Built With Bitcoin CashIn the summer of 2019, our newsdesk published a step-by-step guide on how to create a non-fungible token (NFT) asset by leveraging the Simple Ledger Protocol built on top of the Bitcoin Cash blockchain. The following guide is an updated walkthrough on the process of creating an NFT collectible using the blockchain network with artwork…
- TA: Ethereum Struggles Above $1,600, Why 100 SMA Is The KeyEthereum traded to a new monthly high at $1,655 before correcting lower against the US Dollar. ETH price is struggling to stay above $1,600, but it is likely to remain stable as long as above the 100 hourly SMA. Ethereum extended its rise above the $1,600 and $1,625 resistance levels. The price is now correcting…
Mapping Ethereum’s DeFi eco-system projects on PolkadotPolkadot has been rapidly growing from a niche blockchain project to one of the richest DeFi networks that have real potential to compete with Ethereum. The post Mapping Ethereum’s DeFi eco-system projects on Polkadot appeared first on CryptoSlate.
Polygon-based QuickSwap's TVL grows by $75M in two weeksQuickSwap is quickly become the go-to DEX for trading Ethereum tokens off-chain, with its liquidity quadrupling since late February.- TA: Bitcoin Turns Attractive Above $50K, Why BTC Could Rally To $55KBitcoin price extended its rise and cleared the $50,000 resistance against the US Dollar. BTC is now consolidating gains and it is likely to climb further above $52,000. Bitcoin is trading in a positive zone above the $50,000 and $50,500 support levels. The price is now trading well above $51,000 and the 100 hourly simple…
- Banks Turn Away Customer Deposits due to Negative Interest Rates in GermanyBanks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take their deposits elsewhere. Negative Interest Rates Imposed by ECB Force Banks to Turn Away Customer Deposits Banks in Germany have…
Compound to offer cross-chain borrowing via GatewayCross-chain collateral will soon be available with Compound Finance.
1 in 5 investors at firms that don't trade in crypto say they are 'likely' to in future NewA poll has found 22% of institutional investors are likely to buy cryptocurrency in the future.
100-artist NFT collaboration sells out in minutes, increases 7X in price in 24 hours NewThe limited-edition NFT artworks are already selling for thousands more than the original price. They combine work from 100 unique artists who might not have entered the space on their own.
Bull flag breakout sets a $55,000 target for Bitcoin price NewBitcoin bulls are looking to eliminate a key overhead resistance level in order to create a path to $55,000.
BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities NewCourt transcripts have revealed that BitMEX’s fugitive executives Arthur Hayes and Ben Delo are negotiating a surrender with U.S. authorities.
‘I can’t believe you morons actually buy this shit’: Banksy art burned and tokenized NewThe satirical piece by Banksy pokes fun at the shallow, bloated art industry... So, what would he think about NFTs?
‘Green’ Bitcoin miner Iris Energy doubles its fundraise ahead of IPO NewA firm from Australia that uses renewable energy to mine Bitcoin (among other businesses) has raised two times the intended capital in a recent round. The post ‘Green’ Bitcoin miner Iris Energy doubles its fundraise ahead of IPO appeared first on CryptoSlate.
Kings of Leon to release the first-ever music album as an NFT NewThe rock band enjoys worldwide fame and says NFTs are the future of how artists will interact with the public. The post Kings of Leon to release the first-ever music album as an NFT appeared first on CryptoSlate.
CertiK’s COO on the future of blockchain security and the normalisation of crypto-insurance NewCryptoSlate recently had the opportunity to chat with Daryl Hok, COO and Executive Vice President of global cybersecurity startup CertiK which provides end-to-end security solutions for the blockchain industry. The post CertiK’s COO on the future of blockchain security and the normalisation of crypto-insurance appeared first on CryptoSlate.
Litecoin creator Charlie Lee says NFTs are like ICOs in 2017 NewThe founder of the ‘digital silver’ drew parallels of the booming NFTs market to the infamous ICO market of late-2017. The post Litecoin creator Charlie Lee says NFTs are like ICOs in 2017 appeared first on CryptoSlate.
Exploring Polkadot’s blockchain of blockchainsPolkadot is one of the most highly anticipated blockchain networks, forming a scalable ecosystem set to rival, or rather complement, the most established dApp platform, Ethereum. The post Exploring Polkadot’s blockchain of blockchains appeared first on CryptoSlate.
Another billionaire moves into crypto, but New York regulators sound alarmSeparate instances this morning saw a billionaire embrace the crypto sector and a regulator move away from it. The post Another billionaire moves into crypto, but New York regulators sound alarm appeared first on CryptoSlate.
Market Wrap: Bitcoin Surpasses $15.3K; Ether Up 210% in 2020The price of bitcoin popped to new 2020 highs while ether has performed more than two times better than BTC so far this year.
Square Reports $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."
Buggy Code in This Compound Finance Fork Just Froze $1M in Ethereum TokensSome $1 million in Ethereum tokens is locked in a new DeFi app after its developers made changes to the protocol’s contracts.
Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJThe Justice Department alleges Visa’s acquisition of Plaid would eliminate competition in the online debit market, leading to higher prices.