Twitter founder and CEO Jack Dorsey revealed to his 5.2 million followers this morning that he now owns a Bitcoin node. The tech billionaire made the revelation by sharing a screenshot of his computer running the Bitcoin node software, captioning his tweet “running Bitcoin.” As a backstory, Dorsey’s
According to Mike McGlone, a senior commodity strategist at Bloomberg, Bitcoin’s price may soon witness $50k following the movement of funds from gold into the digital asset. McGlone expressed his thoughts in the February 2021 edition of the “Bloomberg Crypto Outlook.” He pointed out that Bitcoin has been able
In collaboration with DappRadar, a leading DApp stats and analytics site, MyEtherWallet (MEW) has launched its “DApps Browser”. The new feature will allow users of the leading Ethereum wallet interface to quickly search through and view the rankings of decentralized applications (DApps) directly from their smartphones. Before now, MEW users
Despite pledging to stay away from Twitter two days ago, Tesla’s CEO Elon Musk is back to shill Dogecoin. In a series of tweets about Doge this morning, Musk sent the crypto community into a buying frenzy, with traders jostling to get in on the action. Following Musk’s
In October 2020, PayPal announced the launch of a new service that would allow its customers to buy, sell, and store cryptocurrencies directly from their PayPal accounts. The payment giant went further to disclose that it will significantly increase the utility of digital assets by making them available as “a
In what may be dubbed another win for the cryptocurrency community, pro-crypto senator, Cynthia Lummis, has been appointed to join the committee tasked with the U.S. financial legislation. Whilst announcing her appointment, Lummis expressed her intention to introduce digital asset legislation. She said in a press announcement: Wyoming has
According to Michael Saylor, the CEO of MicroStrategy, his firm chose to invest in Bitcoin over other assets like gold and real estate, because Bitcoin is more “compelling.” He made the revelation while speaking to Reuters Chief Correspondent Anna Irrera, during the Binance Blockchain Week. Saylor pointed to the “debasement
During one of the most polarised times in recent history, decentralisation is quickly becoming a unifying concept across the US and wider world. The infamous debacle involving hedge funds and associated brokers that unilaterally locked traders out of fair buying and selling of stocks has further emphasised in people’s
Through a partnership with Anchorage, Visa has rolled out a new initiative that would allow people to buy and sell cryptocurrencies at traditional banks. The credit card giant is making this possible to its newly launched API pilot program. The suite of software APIs will enable Visa’s banking clients
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In just two months after opening its doors to stakers, ETH 2.0 has grown to become with third-largest staking network in the crypto sphere. A combination of sustained demand for ETH 2.0 staking and Ether’s recent rally to a new all-time high above $1,500, puts the
Guggenheim’s Scott Minerd has dropped a new long-term price target for Bitcoin after doubling back twice on its short-term price. The firm’s chief investment officer (CIO) in an interview with Forbes said that Bitcoin could eventually climb to $600k. He said: We did a lot of fundamental research,
In a bid to overtake Silicon Valley as the most Bitcoin-friendly city in the U.S., Miami is considering paying city employees in Bitcoin. Mayor Francis Suarez made the revelation during an interview with Forbes, noting that his city is looking to expand Bitcoin’s adoption. The disclosure has been
Ethereum has set a new all-time high for the second time in the last 30 days. The second-largest cryptocurrency by market cap surged past $1,500 on Tuesday, according to data on Trading View. This comes barely two weeks after the digital asset hit a record-breaking $1,438 on January
Binance, the largest cryptocurrency exchange in the world has unveiled Binance Pay, a retail app that would allow its users to make “contactless, borderless, and secure” crypto payments. .@cz_binance AMA recap: 🔸2 new products - Binance Pay & Binance Lite 🔸#Binance recently hit ATH daily active users 🔸Customer support
Despite joining the Bitcoin billionaires club, business intelligence firm MicroStrategy has refused to slow down on its Bitcoin investment. The publicly-traded company announced the purchase of an additional 295 bitcoin for $10 million in cash today. This brings the firm’s total bitcoin stash to 71,079, worth about $2.
After temporarily shutting its doors to new investors in December last year, the world’s largest crypto asset manager, Grayscale, is ready to welcome new investment to its Ethereum Trust (ETHE). Consequently, accredited investors will be able to gain exposure to the second-largest digital asset by market cap without having