Chris Stewart is the CEO and cofounder of Suredbits, a bitcoin-settled derivatives platform. Discreet log contracts (DLCs) are a way to do peer-to-peer betting directly on Bitcoin. You can make these contracts contingent on an oracle’s attestation about a real-world event. This real-world event could be the winner of a presidential election, the BTC/USD price on a cryptocurrency exchange or…
Following strong gains to start the week, BTC once again fell under $30,000, as crypto prices moved lower on Tuesday. The downturn follows up from yesterday’s rally, which came as Balenciaga announced it would be accepting crypto payments. ETH also dropped, falling under $2,000 today. Bitcoin Bitcoin fell under $30,000 on Tuesday, as bears returned to action following a green…
Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself. That was according to new analysis released on May 24, which studied Bitcoin’s interaction with its 200-week moving average (WMA). Bitcoin floor target could be between $15,500 and $19,000 In a Twitter thread, popular trader and analyst Rekt…
Boss Cat Rocket Club, a collection of algorithmically generated, space-bound kitties, launched last year, is one of the most successful non-fungible token (NFT) projects on the Cardano blockchain. Now, BCRC is building out Boss Planet, its own metaverse with a difference. Founded by Blue Magic, a member of the popular Bored Ape Yacht Club (BAYC) community (and the proud owner of…
As of the date of this writing, block 737,000, Bitcoin is almost two-thirds into its 366th difficulty epoch. A difficulty epoch is a period in which 2,016 blocks are added to Bitcoin’s ledger, ideally in 20,160 minutes, or 14 days. If the epoch ends in less time, the network adjusts the difficulty of successfully mining a Bitcoin block upwards to…
Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto. Uses Cases Beyond Crypto The Switzerland-based venture capital (VC) firm, Crypto Valley Venture Capital (CVVC), has launched an African blockchain early-stage fund. The VC has partnered with the…
Shortly after approving Bitcoin (BTC) as legal tender in the Central African Republic (CAR), the local government is moving to provide the digital currency infrastructure. CAR President Faustin-Archange Touadera took to Twitter on May 24 to announce the upcoming launch of the country’s first major crypto initiative dubbed “Sango.” The creation of the CAR’s crypto hub comes soon after the…
The DeFi-focused startup Common has raised $20 million in its latest funding round, with Spark Capital, Polychain, Jump, Wintermute, BitDAO, and others participating. Common’s new funds will go toward the further development and decentralization of its platform, also known as Commonwealth, which aims to become the ultimate community management platform for DAOs. A DAO, or decentralized autonomous organization, is a…
The Central African Republic (CAR), the second country in the world to adopt bitcoin as a legal currency after El Salvador, plans to develop a hub to attract cryptocurrency businesses and enthusiasts to the nation. The initiative, coined Sango, was started by the CAR National Assembly with support by President Faustin-Archange Touadéra, per a 24-page document detailing the project’s goals.…
Coinbase is pleased to announce the international expansion of the Travel Rule Universal Solution Technology (TRUST), a global, industry-driven solution designed to comply with a requirement known as the Travel Rule while protecting the security and privacy of customers. In February of this year, TRUST launched in the United States. Since that launch, TRUST has now gone live in Canada…
