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Data shows pro traders are currently more bullish on Ethereum than Bitcoin
9.12.2021
ETH has outperformed BTC by more than 230% this year and derivatives data suggests traders believe the altcoin has a lot more upside
WisdomTree amends Bitcoin ETF application, naming US Bank as custodian
9.12.2021
U.S. Bank launched crypto custody services for institutional investors in October as part of a partnership with New York Digital Investment Group
Stacks’ Mitchell Cuevas talks building integrated DeFi bridges for Bitcoin users
9.12.2021
“It’s unlikely that a native on-chain solution will supersede [layer-one] solutions like Stacks,” said Mitchell Cuevas, head of growth at the Stacks Foundation
Analysts say Bitcoin’s behavior at $47.5K mirrors the pre-breakout 2017 market
9.12.2021
Bitcoin price succumbed to another wave of selling, but analysts say the current market structure at $47,500 mirrors the early bull-market from 2017
Reddit Introduces ETH-Based Community Points Beta Program With Custom Tokens for Subreddits
9.12.2021
The popular forum and news aggregation web portal Reddit has revealed the firm’s Community Points beta program where Reddit users can “own a piece” of their community with “custom tokens” for subreddits. Blockchain-Backed Reddit Community Points: ‘The First...
Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say
9.12.2021
Media outlets claim that bitcoin (BTC) adoption has been a damp squib thus far in El Salvador – and have bemoaned the fact that the government has failed to produce any explanation of how it has spent the money it has forked out on token purchases....
Read More: Lack of Transparency Blighting...
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
9.12.2021
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms....
MicroStrategy purchases $82M in Bitcoin, now holds 122,478 coins
9.12.2021
MicroStrategy’s holdings are valued at more than $5.9 billion, representing more than $2.2 billion in gains since its initial purchase in August 2020
Bitcoin continues consolidation: Are we still in a bull market? | Tune in now to The Market Report w/ Ran Neuner
9.12.2021
“The Market Report” with Cointelegraph is live right now with special guest Ran Neuner, co-founder and CEO of Onchain Capital and founder of “Crypto Banter.”
Pepsi-Cola Celebrates the Soft Drink’s Birth Year With 1,893 Generative NFTs
9.12.2021
The carbonated soft drink manufacturer Pepsi has revealed the company is stepping into the world of blockchain with its first collection of non-fungible token (NFT) assets. Pepsi introduced the “Pepsi Mic Drop” genesis NFT collection on Thursday, which features 1,893 generative NFTs...
US lawmaker purchases exposure to Bitcoin through Grayscale shares
9.12.2021
Congressperson Marie Newman bought between $15,001 and $50,000 of GBTC in addition to up to $215,000 in Coinbase Global's COIN shares
Bitcoin Hashrate Close to Full Recovery After China’s Mining Ban
9.12.2021
The hashrate, or the computational power of the Bitcoin (BTC) network is close to a full recovery after a massive migration of miners out of China following a ban on mining and other crypto-related activities there in May this year.
According to the latest data, the hashrate of the Bitcoin...
Terra becomes top-10 crypto: Classic 'bull pennant' setup paint $100 LUNA price target
9.12.2021
Chiron's $50-million fundraiser to back Terra-backed projects has boosted traders' appetite for LUNA
Binance Investment Director Ken Li Talks About Investing in Web3, Gaming and More Exciting Trends
9.12.2021
Binance Labs is a chain-agnostic investor and incubator focused on supporting the global blockchain ecosystem and decentralized web. Their portfolio includes 1inch, Audius, Axie Infinity, Chiliz, Elrond, Injective, Matic / Polygon, Sandbox and Terra. Ken Li is an Investment Director at Binance...
CIA Working on Various Crypto-Focused Projects, Director Confirms
9.12.2021
The director of the U.S. Central Intelligence Agency (CIA) has revealed that the agency is working on a number of cryptocurrency-focused projects. Cryptocurrencies “could have enormous impact on everything from ransomware attacks,” he said. CIA Has Been Working on Various Crypto...
Bitcoin could hit $100K, gold $2K in 2022 thanks to 'deflationary forces' — Bloomberg analyst
9.12.2021
An about turn and fresh turmoil for macro would play to Bitcoin's strengths, argues Mike McGlone
Rising Number Of Investors Sell Stocks, Bonds To Buy Crypto - Survey
9.12.2021
Amid a rapidly increasing interest in cryptocurrencies, money from the stock market is starting to rotate into crypto, with 23% of respondents to a US poll declaring they or someone they know have sold stocks or bonds to invest in crypto, as indicated by data sourced by public opinion polling...
Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages
9.12.2021
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away...
MicroStrategy Spends Another USD 82m on Bitcoin
9.12.2021
The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said.
The new coins were acquired at an average price of USD 57,477....
Read More: MicroStrategy Spends Another...
Bitcoin, Stocks Largely Unmoved as China Evergrande is Declared in Default
9.12.2021
The price of bitcoin (BTC) and US stock futures are largely unmoved today after the expected news broke that Chinese property development giant Evergrande for the first time has failed to pay off a US dollar-denominated debt obligation....
Read More: Bitcoin, Stocks Largely Unmoved as China...