Farfetch will begin accepting payments in bitcoin in the upcoming months.The feature will be trialed in high-end stores located in the EU and then rolled out to the U.S., Europe and the U.K. afterwards.The luxury e-retailer also partnered with German cryptocurrency payment gateway provider Lunu, which will be providing in-store terminals. Farfetch Limited (NYSE:FTCH), a leading digital platform in luxury…
Another day, another environmental attack on proof-of-work (PoW) mining. A report shared by the Swedish central bank argued that energy-intensive Bitcoin (BTC) and cryptocurrency mining should be banned. The Swedish central bank, known as the Riksbank, is the oldest central bank in the world. In a damning report entitled, “Cryptocurrencies and their impact on financial stability,” the bank had a crack at…
While the most common way to earn money in the nonfungible token (NFT) space is by flipping the tokens for profit, there are other opportunities to earn money with NFTs as the market continues to develop. In a Cointelegraph interview, Bill Starkov, the founder of Apocalyptic Apes and a Bored Ape Yacht Club (BAYC) member, talked about how NFT holders…
Bitcoin (BTC) fell sharply on June 10 after surprisingly high inflation data from the United States rattled markets before the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Bitcoin will be “painful” if $29,300 fails to hold Data from Cointelegraph Markets Pro and TradingView tracked a $600 dive for BTC/USD as May’s Consumer Price Index (CPI) figures hit.…
Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to the week which saw BTC hit a high of almost $32,000, prices have since…
To put things into perspective, since November 2021, the total market capitalization of the digital asset industry has plummeted from it’s all-time high of $3 trillion to its current levels of approx. $1.27 trillion, thus showcasing a loss ratio of over 55%. While this massive monetary downturn can be attributed to a range of factors, including the ongoing Russia-Ukraine war,…
Early Bitcoin exchange and wallet provider Blockchain.com announced on Friday it will give its millions of customers a free NFT domain, a tool that will let them use a simple human-friendly username such as jeff.blockchain in place of the long string of random characters that make up a wallet address. The giveaway is being carried out via Unstoppable Domains, a…
We’re thrilled to announce that Kraken now supports new margin pairs for Tether (USDT), USD Coin (USDC) and Dai (DAI)! Trading Margin trading is now available for: Pair base Pair name Available leverage Long position limit Short position limit USDT USDT/GBP 4 200,000 USDT 200,000 USDT USDT/CHF 4 100,000 USDT 100,000 USDT USDT/CAD 4 150,000 USDT 150,000 USDT USDT/AUD 4…
There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-peer payments. The Lightning Network first broke the 1,000 BTC barrier in August 2020 and the 2,000 BTC barrier in July 2021. The capacity has doubled in the space of 18 months.…
Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in its trading ecosystem. Mercadolibre…
