Much like drinking from Tamanique Falls, El Salvador’s tallest waterfall, taking in the steady stream of world class information from the last session day of LABitConf is about as difficult as banning bitcoin in the country of your choice. Thankfully, anyone can replay the entire day of sessions here. The most important topics in Bitcoin were discussed by global leaders…
Hot off the news of a DAO quickly forming to bid on a copy of the U.S. Constitution, another is taking a shot at buying an NBA franchise. DAOs, shorthand for “decentralized autonomous organizations,” are leaderless internet groups that are usually, but not always, governed by a cryptocurrency or token. Krause House, named after the late Chicago Bulls manager Jerry…
While crypto-asset markets have shed billions during the last week, the top meme tokens coins by market capitalization have seen deeper losses than most coins. The top two meme digital assets dogecoin and shiba inu have seen double-digit losses during the last seven days. The top meme tokens coins by market capitalization today are worth $60.7 billion losing 3.5% in…
The World Economic Forum, or WEF, has published a resource suite aimed at informing lawmakers and individuals in the private sector about digital assets including central bank digital currencies and stablecoins. On Nov. 19, the WEF announced its Digital Currency Governance Consortium White Paper Series, a resource suite created by 85 organizations from 40 countries around the world. The publication…
Bitcoin (BTC) continues to be pinned down below $60,000 indicating that higher levels are attracting selling from traders. The S&P 500 made a new all-time high today on reports that U.S. President Joe Biden renominated Jerome Powell to serve a second term as the Federal Reserve chair. This news also boosted the U.S. dollar currency index (DXY) to its highest…
Los Angeles Rams wide receiver Odell Beckham Jr will take his new salary 100% in bitcoin.The NFL player recently moved to the Rams after being released by the Cleveland Browns earlier this month.The receiver could make up to $4.5 million in BTC in his one-year contract with the Rams. National Football League (NFL) wide receiver Odell Beckham Jr. will take…
Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from CoinShares. Crypto investment products, which include exchange-traded funds (ETFs), saw weekly inflows totaling $154 million for the week ending Nov. 20, according to CoinShares’ latest fund flows report. Like in…
Brazilians will soon be able to buy, sell, and hold bitcoin via MercadoPago, MercadoLibre’s digital payments app.MercadoLibre, known in Brazil as MercadoLivre, is the country’s biggest ecommerce platform.It is unclear whether customers will be able to withdraw their bitcoin into a self-custody wallet. MercadoPago, MercadoLibre’s digital payments app, will soon allow its Brazilian customers to buy, sell, and hold bitcoin,…
Gala Games’ in-house currency GALA rallied by nearly 350% in November, ignoring corrections across the top cryptocurrencies, including Bitcoin (BTC). Notably, GALA price surged from $0.088 to $0.42 between Nov. 1 and Nov. 22. GALA/USD four-hour price chart. Source: TradingView GALA’s gains primarily came in the wake of a price rally across a majority of gaming and metaverse crypto assets. For…
The U.S. and U.K. governments have “committed and agreed to heighten the focus on illicit use of cryptocurrency and ransomware,” the U.S. Department of Justice announced. According to the FBI, high crypto prices have partially made ransomware “incredibly lucrative for the criminals.” Governments Collaborate to Focus on Illicit Use of Crypto The U.S. Department of Justice (DOJ) announced Friday that…
