Month: February 2024

Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins

by

The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a significant milestone in the digital currency landscape it nevertheless does not amount to an endorsement of any ideologies or products. Enhancing … Read more

Bitcoin Miner Riot Acquires 31,500 ‘Next Generation’ M60S Mining Machines Worth $97.4 Million

by

Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth $97.4 million by the end of July 2024. The addition of the new bitcoin mining machines is projected to increase the “self-mining” hashrate capacity of Riot’s Rockdale Facility to 15.1 EH/s. Replacement of Underperforming Miners … Read more

Aleksandr Li: Understanding Pik-Swap and the Hybrid Decentralized Wager Platform

by

N-PIK is an online gambling platform that utilizes its own PIK token, PLYP token to enable players to join raffles, as well as a comprehensive token-based economy to allow players to bet, wager, and win in the best games of skill and chance. The ecosystem’s platforms are already licensed in Uganda and Kenya. Li Aleksandr … Read more

Lemon Report: Argentina Leads Crypto Adoption in Latam; Tether Dominates Stablecoin Sector

by

Argentina is leading the adoption of cryptocurrency in Latin America. According to a report titled “Argentina Crypto Capital,” produced by Lemon, a leading exchange in the country, four of every ten cryptocurrency apps in Latam are being used by Argentines, with over 70% of the deposits processed by the exchange corresponding to USDT, Tether’s dollar-pegged … Read more

Peruvian Stock Exchange Announces Bitcoin Spot ETF Listings

by

The Lima Stock Exchange, the main Peruvian exchange, announced the inclusion of three different bitcoin spot ETF instruments in its trading platform. Ishares Bitcoin Trust (IBIT), Vaneck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin (BTCO) will be the instruments made available for Peruvians, which come to diversify the investment options for traditional investors in the … Read more

Bitcoin.com Ushers in New Leadership Era with Corbin Fraser as CEO

by

In a significant development for Bitcoin.com, a trailblazer in the cryptocurrency domain, the company announces the resignation of its CEO, Dennis Jarvis, and the welcoming of Corbin Fraser as the new Interim CEO. This leadership change marks a new chapter in Bitcoin.com’s journey towards making cryptocurrency accessible and usable for everyone, everywhere. During his tenure … Read more

CBDC Anti-Surveillance State Act Back in the Senate

by

The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with the support of five U.S. senators. “As Americans face the prospect of an increasingly weaponized government, ensuring financial privacy is pivotal,” said one senator who supports the bill. A central bank digital currency (CBDC) “would open the door for the federal government to … Read more

Blast Network Prepares For Mainnet Launch With Over $2 Billion TVL

by

Blast, the Layer 2 network developed by Blur’s founder, recently made a significant announcement via their official Twitter handle, revealing that the mainnet is set to go live on February 29.  Blast, the Layer 2 network launched by the founder of Blur, officially tweeted that the Blast mainnet will be launched on February 29. Previously, … Read more

Blur Emerges As Dominant Player In NFT Market Despite Trading Volume Dip

by

Blur has solidified its position as a frontrunner in the competitive NFT marketplace, boasting the highest transaction activity in the past month. Despite experiencing a 21% decline in trade volume and a 5% decrease in value today, Blur continues to lead the pack in the dynamic NFT space. Recent on-chain reports on X have shed … Read more

Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle

by

Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. Peter Brandt on Bitcoin Bull Market Cycle Peter Brandt provided an update on his bitcoin price … Read more

You have not selected any currencies to display