$740M in Bitcoin exits exchanges, the biggest outflow since June’s BTC price crash
Bitcoin price technicals, however, remain bearish for with the BTC price eyeing a run-down toward $14,000 in Q4. Go to Source Powered by WPeMatico
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Blockchain-Based Platform Created by Saudi Students Places Third in National Women’s Coding Competition
A blockchain-based tender bidding platform that was designed by female university students has been named the third-best entry in a Saudi Arabian women’s coding competition. The competition is said to be part of Princess Nourah bint Abdulrahman University’s broader goal of supporting and empowering women in Saudi Arabia’s technology sector. Empowering Women in Saudi Arabia’s … Read more
BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin
This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin, and “most Canadians are aware of bitcoin.” Bank of Canada’s Financial System Review Highlights … Read more
Why is the price of Houbi Token up 12% today as rest of the market slumps?
HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish. Go to Source Powered by WPeMatico
Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments
Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit … Read more
XDC Accelerates Network Expansion With LDA’s $50 Million Investment
XinFin (XDC) Network, known for secure, scalable, and highly efficient blockchain use cases, have received an investment worth $50 million from the global alternative investment group, LDA Capital Limited. The investment originated by leveraging a portion of the token from the XDC founder’s allocation. Ritesh Kakkad and Atul Khekade, the co-founders of XDC Network, are … Read more
This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’
Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop. Go to Source Powered by WPeMatico
Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional
The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country. Go to Source Powered by WPeMatico
18 ‘uncomfortable’ truths about nonfungible tokens
NFT analyst OKhotshot warns there are no reliable stable investments in the NFT space and most investors will lose money investing in the market. Go to Source Powered by WPeMatico
Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year
Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have … Read more