Imagine an institutional investor like an insurance company or pension fund decides that it wants to test the cryptocurrency waters. Or maybe a large corporation is looking to buy some Bitcoin (BTC) to diversify its treasury holdings. One thing theyre unlikely to do is announce their intention beforehand.That could drive up the price of the digital asset they are trying…
Ethereum, or ETH, is undoubtedly one of the most lucrative assets one can get their hands on. As the second-biggest cryptocurrency, it certainly has a lot of value and is relatively future-proof, especially compared to many other digital assets. Its ever-increasing price, coupled with the incredible usability of this coin, has attracted many investors to Ethereum and many miners. Ethereum…
ShapeShift is joining seven other DeFi projects in rolling out the platforms native branded dollar. Through a partnership with the stablecoin platform ICHI, every oneFOX token will be pegged to the U.S. dollar and backed by ShapeShifts native FOX token and another popular stablecoin, USD Coin (USDC). Similar so-called oneTOKENS already exist for Uniswap, Filecoin, Dodo, Perlin Network, 1inch Network,…
press release PRESS RELEASE. Sydney, Australia – Cardingo is an NFT series and Cardano NFT marketplace that has secretly been in the works for months. While the world waited for Cardano smart contracts, the Cardingo team busily went to work on a series of NFTs and a unique marketplace to satisfy the tastes of Cardano fans worldwide. CNFTs started selling…
American cinema giant AMC Theatres is finally adopting cryptocurrencies like Bitcoin (BTC) for online payments following months of teasing the new payment option. AMC CEO Adam Aron announced Thursday that the company now proudly accepts four major cryptocurrencies including Bitcoin, Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) for online payments. The new payment method already accounts for 14% of…
Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required to work under the same regulations as banks, but that seemingly doesnt frighten the CEO of the USDC-issuer Circle. Commenting on the Biden administrations proposal to work on a bank-like regulation for stablecoin issuers, Circle CEO Jeremy Allaire took a supportive stance for the recommendation. He…
Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after trapping leverage traders. In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action. Update: High timeframes “remain bullish” Despite losing $4,000 in a single day Wednesday and trending sideways since, Bitcoin is anything but bearish, many analysts argue.…
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors reported by the media. RBI Has Serious Concerns About Crypto, Governor Doubts Veracity of Media Reports on Crypto Sector The governor…
Adam Aron, CEO of AMC Theatres announced via Twitter on the evening of November 11th that the chain now accepts Bitcoin for online payment. The announcement follows through on a promise made in a shareholder call back in August 2021, in which chairman and CEO Adam Aron said the company, best known for operating nearly 1,000 movie theaters around the…
As Coinbase cryptocurrency exchange is preparing to roll out its own nonfungible token (NFT) platform soon, CEO Brian Armstrong has assessed the importance of the companys upcoming NFT offering. On Tuesday, Coinbase released its Q3 financial results, reporting $1.2 billion in revenues, which mostly comes from the platforms transaction fees on trading cryptocurrencies like Bitcoin (BTC) and Ether (ETH). The…
