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Built for influencers who want to generate revenue from their content, BitOrbit, a Velas-powered project, has recently concluded its IDO. With a supply of 23 million and a public price of $0.007, BitOrbit becomes the first project on the Velas blockchain to sell out its IDO in minutes. While
On Wednesday, the chairman of the Securities and Exchange Commission (SEC) Chairman Gary Gensler, received a letter from U.S. Congressmen, Tom Emmer (MN-06) and Darren Soto (FL-09), soliciting for the approval of a spot Bitcoin exchange-traded fund (ETF) to begin trading in the country. Part of the letter read:
A survey published on Nov 1 by online polling app Civic Science has revealed that a good number of American workers are quitting their jobs and opting to go the crypto way, having made significant gains from investing in digital assets. A group of 6,741 respondents was quizzed about
According to the Wall Street Journal, Google has invested a whopping $1 billion into CME Group, with a clause that CME would shift its core trading system to Google Cloud. https://t.co/W9womNoJAf — *Walter Bloomberg (@DeItaone) November 4, 2021 CME was the first platform to launch Bitcoin futures together
Crypto analytics company Glassnode has shared some data suggesting that Bitcoin’s illiquid has hit a new all-time high as investors continue to move their BTC holdings into cold storage. A prominent Bitcoin-related Twitter account (@BTC_Archive) shared a chart published by Glassnode, revealing that the illiquid Bitcoin supply, which
Commonwealth Bank (CBA) has become the first mainstream bank in Australia to offer crypto services after joining forces with American crypto exchange Gemini and blockchain analysis firm Chainalysis. Thanks to the partnership, CBA is now free to design a crypto exchange and custody service that will enable clients to buy,
Miami’s Mayor Francis Suarez has resorted to taking his next paycheck fully in Bitcoin, a move that positions him as the first known US politician to take such a decision. The pro-Bitcoin mayor, who has been making efforts to integrate Bitcoin into the operations of his city, made his
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US banking giant JPMorgan does not appear to be impressed with Bitcoin’s bullish run as it believes that the fair value of the flagship cryptocurrency should be $35,000. According to a Bloomberg report, JPMorgan claimed that Bitcoin should be trading around 44% lower than its current price tag
Shortly after the US Securities and Exchange commission approved the ProShares Bitcoin Futures ETF, the crypto industry experienced inflows of about $1.5 billion, with the ETF singlehandedly accounting for $1.2 billion. However, inflows from US investors calmed down to around $50 million last week, according to CoinShares. Institutional
El Salvador has announced that its next pro-Bitcoin initiative will be to enhance cryptocurrency education for its locals by constructing 20 Bitcoin schools. The Press Secretary of the Presidency outlined the Salvadoran government’s plans in a recent tweet. #ChivoPets | “Cuando se hizo este proyecto no habíamos ganado tanto dinero
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CryptoDragons has brought innovation to the NFT (Non-Fungible Tokens) market with its first-of-its-kind, decentralized Metaverse based on 9 interwoven smart contracts on Ethereum Blockchain. The technology incorporates a Battling Arena where NFT owners can compete for ETH or a rival’s dragon. For the emergence of the Metaverse, there must
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Leveraging the energy-efficient and inherently faster proof-of-stake [PoS] consensus mechanism, Bitcoin Latinum, the next generation insured asset-backed crypto platform, per a recent press release, has partnered with OSO ATM; arguably the biggest crypto ATM provider to install over 100,000 Bitcoin Latinum [LTNM] ATMs in all the 50 states of
The hash rate of the Ethereum network has climbed to a new high amid its latest price rally. According to data from The Block's Data Dashboard, Ethereum’s hash rate currently stands at about 747 TH/s (terahashes per second). The hash rate was around 465 TH/s
SQUID, a new digital coin inspired by the blockbuster Netflix series, Squid Game, has scammed investors to the tune of $3.38-million in what appears to be a rug pull. The cryptocurrency plunged to almost a fraction of a cent minutes after surpassing $2,850 at 09:35 UTC on
October was a record-breaking month for Bitcoin funds, as institutional inflows into BTC products picked up sharply within the month. Throughout October, Bitcoin funds generated $2 billion in inflows, bringing the year-to-date total to about $6.4 billion. Ether (ETH) funds, on the other hand, have raked in $1.05
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Multinational investment bank Goldman Sachs strongly believes that Ethereum could double its USD value before the year runs out. The Managing Director of the firm Bernhard Rzymelka backed up the forecast, citing the direct proportionality between cryptocurrencies and global inflation rates. The top executive gave a detailed analysis in a