Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…
The Central African Republic (CAR), announced today that it has adopted Bitcoin as legal tender. It becomes the second country, after El Salvador, to make the move. The official Facebook account of the presidential office this morning posted that President Faustin Archange Touadera signed the bill into law after it was unanimously passed by the National Assembly. Bitcoin will serve…
Digital asset manager Grayscale Investments is planning to expand its product offerings into Europe to tap into growing institutional demand for cryptocurrencies in the region, CEO Michael Sonnenshein confirmed Tuesday. In an interview with Bloomberg, Sonnenshein said the company was holding meetings with local partners to discuss how Grayscale’s suite of products would be rolled out in the region. The…
Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of the bullish bets for the upcoming $1.96 billion monthly options expiry became worthless. Regulatory concerns continue to pose a threat to Bitcoin and on…
In brief Solana NFT trading volume surged after the launch of Okay Bears, a new profile picture project. Okay Bears has seen more trading volume over the last day than the top Ethereum-based NFT projects. Ethereum remains the dominant platform for NFTs, but rising rival Solana is putting up a fight as new projects draw more attention and leading marketplaces…
Dragonfly Capital, a prominent venture capital corporation operating in the cryptocurrency sector, has announced its third funding round, valued at $650 million. The figure surpasses its two prior rounds of $100 million in October 2018 and $200 million in December 2020. The $650 million raise saw participation from Tiger Global, KKR, Sequoia China and Invesco, among others, and arrived at slightly…
On April 1, Cathie Wood’s ARK Invest became the latest applicant to get denied by the SEC for a Bitcoin spot ETF. The ETF would have traded on the Cboe in partnership with 21Shares and Coinbase, and the parties first submitted their application last June—so it took nearly a year to get a response, and the response was a No.…
press release PRESS RELEASE. LD Capital has officially established LD Research which aims to conduct industry focus research, cutting-edge technology exploration, and project economic system design. LD Research will recruit development engineers, economists, and other professionals in verticals to work closely with the top team to provide economic model design, development technical support, market growth, and other services to achieve…
The roughly five million residents of the Central African Republic, or CAR, will now reportedly be able to use Bitcoin in addition to the country’s franc as legal tender. According to a Wednesday report from news outlet Agence France-Presse, Central African Republic President Faustin-Archange Touadéra has signed a bill into law establishing a regulatory framework for cryptocurrency use in the…
Bitcoin (BTC) remains a slave of the U.S. dollar on April 27 as the greenback spells fresh misery for risk assets across the board. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC faces off with the support zone to hold Data from Cointelegraph Markets Pro and TradingView showed precarious picture on BTC markets Wednesday as bulls battled for control of short-term…
