The Argentinian government has taken the first steps in the launch of its own central bank digital currency (CBDC). A new decree identified the number 207/2022 gives new faculties to the Argentinian mint to involve in the investigation, development, and issuance of digital currencies. This puts Argentina on the trail of countries like Brazil and Mexico, that are already involved…
Month: April 2022
4-digit ENS domains spike in demand this week and continue soaring
Since Ethereum Name Service, or ENS, released 10,000 four-digit .eth domains ranging from 0000 to 9999, the nonfungible token collection has caused a stir among NFT investors, speculators and enthusiasts alike. After all 10,000 ENS names sold out in one day, the number of people registering for ENS names and purchasing these digit number names on secondary markets has significantly…
Tech Start-up ‘Picture This’ Drops First Photography NFT With Renowned Photographer Christian Houge – Sponsored Bitcoin News
sponsored On April 29, photography-focused tech start-up Picture This is finally launching the ‘Polar Bear’ NFT, which raises awareness and money towards climate change and the impact humans have on our planet. Digital artworks have seen a booming rise in sales and popularity since the start of the decade. Minting art as an NFT has enabled artists to reach audiences…
Market Sentiment Is Not As Strong As On-Chain Activity
Market sentiment is the public interest in the underlying assets and the behavior of traders on derivatives markets. Thanks to sentiment analysis, one can identify the attitude of long-term investors, as they always sell during the uptrend to short-term speculators and buy the dips with a statistically positive expectation. On the contrary, the crowd psyche is irrational, as they often…
Dear Airbnb: Congratulations and Some Lessons Learned | by Coinbase | Apr, 2022
By L.J Brock, Chief People Officer Overnight I saw the note from Brian Chesky announcing to Airbnb employees that they would be moving to a permanent remote-working model. I applaud Brian and his team. While it may sound simple in a post-pandemic era, the logistics can be anything but. I am ecstatic to see them join the growing ranks of…
2 key metrics point toward further downside for the entire crypto market
The total crypto market capitalization has been holding a slightly ascending trend for the past 3 months and the $1.75 trillion support was most recently tested on April 27 as Bitcoin (BTC) bounced at $38,000 and Ether (ETH) at $2,800 on April 27. Total crypto market cap, USD billion. Source: TradingView The crypto market’s aggregate capitalization showed a 3.5% decrease…
What You Need to Know About the Bored Ape Yacht Club’s Otherside NFT Drop
In brief Yuga Labs, the creators of the Bored Ape Yacht Club, will sell NFTs for its Otherside metaverse game on Saturday. The “Otherdeed” NFTs are believed to be virtual land deeds for the game world. The Bored Ape Yacht Club NFT ecosystem is expanding. Last month it was the launch of ApeCoin, an Ethereum token to power Web3 applications—and…
There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits – Technology Bitcoin News
In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces the circulating supply. Blockchain Projects Burn Tokens for Specific Benefits and Objectives Burning…
Synonym Launches Lightning Service Provider For Bitcoin
Synonym Software has launched Blocktank, a new Lightning service provider (LSP) targeted at Lightning Network-based businesses interested in providing a better experience for their customers. The suite of open-source tools and services offered by Blocktank promises to help wallets, applications, exchanges and merchants better navigate the requirements for sending and receiving effective and reliable payments on Bitcoin’s second-layer scaling network.…
ECB, Eurosystem begins experimental prototyping of digital euro customer interface
Progress will continue on the development of the digital euro as the European Central Bank (ECB) and Eurosystem have begun looking for companies to participate in an exercise to prototype customer-facing payments services. Payment service providers, banks and other relevant companies were invited to express interest in the project in an announcement released Thursday. Eurosystem, which comprises the ECB and…