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Bitcoin and Ethereum Gain Momentum, Altcoins Accelerate
26.5.2021
Bitcoin price remained strong above the USD 38,000 resistance level. BTC even broke the USD 40,000 level and traded close to USD 41,000. It is currently (12:20 PM UTC) correcting gains, but it might continue higher towards USD 42,000 in the near term.
Similarly, most major altcoins are gaining...
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...
Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility
30.4.2021
PRESS RELEASE. Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network 29th April 2021, Dubai, United Arab Emirates – ThreeFold plans to integrate its peer-to-peer internet platform with...
Moonbeam Network Receives Fresh Capital Injection After Purestake Fundraising Success
31.3.2021
Following an initial seed capital round of $1.4 million, Purestake has raised a $6 million strategic round of financing from a consortium of investors to accelerate development, as the team aims to bring the Moonbeam network live in the second half of the year. Ethereum-Compatible Smart Contract...
Alchemy Chooses Flow Blockchain to Accelerate Game-Changing Developer Ecosystem
25.3.2021
PRESS RELEASE. The leading blockchain developer platform, Alchemy, will bring its best-in-class suite of APIs and tools to Flow blockchain, empowering Fortune 500 companies as well as thousands of independent developers building on Flow. Alchemy is the leading API platform for blockchain...
Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC
17.3.2021
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming...
Swaps and NFTs Accelerate MetaMask's Growth
10.3.2021
Source: A Screenshot, Instagram/metamask.io
ConsenSys-owned major Ethereum (ETH) wallet and Web 3.0 browser MetaMask saw its swap feature growing substantially, while non-fungible tokens (NFTs) are also gaining traction.
Their token swap feature, which enables users to compare and swap tokens...
Decentralized Exchanges Set To Accelerate in 2021
13.2.2021
Cryptocurrencies are decentralized forms of electronic money, yet for the most part, the places where you obtain cryptoassets — exchanges — are thoroughly centralized. This centralization has a practical and a political downside, since not only does it introduce single points of failure in which...
First Bitcoin ETF approved in Canada
12.2.2021
The approval makes it the first North American Bitcoin ETF
Bitcoin Corrects Lower, Ethereum and Altcoins Accelerate
10.2.2021
Bitcoin price rallied to a new all-time high near USD 48,200 before starting a downside correction. BTC traded below the USD 47,000 level and it is currently (05:00 UTC) near USD 46,000. The next key support is at USD 45,000, below which there are chances of a larger downside correction.
Besides...
Canadian investment firm Accelerate Financial files for Bitcoin ETF
3.2.2021
Calgary-based financial services firm Accelerate Financial Technologies is planning to list its Bitcoin ETF on the Toronto Stock Exchange
OKEx to accelerate Bitcoin transactions with Lightning Network
2.2.2021
As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate
Kim Dotcom Discusses the Swelling Crypto Economy and His Plans to ‘Accelerate P2P Electronic Cash’
13.1.2021
This week, news.Bitcoin.com chatted with Kim Dotcom, the founder of the now-defunct file hosting service Megaupload and the creator of the content monetization application called K.im. The Internet entrepreneur Dotcom is a big believer when it comes to the crypto economy and during...
Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World’s Reserve Currency
13.12.2020
Morgan Stanley’s global strategist has made a case that bitcoin is making progress towards replacing the U.S. dollar as the world’s reserve currency. “Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever...
MicroStrategy Shares Accelerate on New Bitcoin Strategy
23.11.2020
MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal - A Bitcoin Channel
The shares of MicroStrategy, the American software firm that is known across the Cryptoverse and beyond for using its balance sheet to buy bitcoin (BTC), have accelerated after the company announced...
Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring
23.10.2020
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have...
China Should Accelerate Rollout of Digital Yuan, Says Central Bank Official
12.10.2020
Chen Yulu, deputy governor of the People's Bank of China, said at the weekend that the digital yuan project should be accelerated as an important part of the nation's financial infrastructure
Ants Accelerate – Alibaba’s Blockchain Arm Goes into Overdrive
25.9.2020
Ant Group, the blockchain and e-pay subsidiary of Chinese tech giant Alibaba, is accelerating its business operations with the launch of a new cross-border trade blockchain platform, stepping up its bid to go public – and has sealed a key deal with the busiest container port on the planet.
Ant...
Bluehelix Global Expansion – Strategically Cooperates with Japanese Licensed Exchange Xtheta
6.8.2020
“Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain financial infrastructure technology service provider, which to provide Xtheta with the underlying blockchain financial technology services to accelerate...
To Accelerate Cryptocurrency Adoption, We Must First Improve User Experience
11.7.2020
Cryptocurrency adoption is inevitable, but without strengthening our approach to user education, the process will be slow