On June 8 the Ethereum network successfully underwent the merge to become proof-of-stake on its Ropsten testnet, but the news had little impact on ETH price. With the Ropsten upgrade now looking more like a buy the rumor, sell the news type of event, most analysts have kept a short-term bearish outlook for Ether price. Let’s take a look. ETH/USDT 1-day chart. Source: TradingView…
This is an opinion editorial by Arman The Parman, a Bitcoin educator passionate about privacy and contributor to Bitcoin Magazine. Make sure you go through the other piece “Using Bitcoin Hardware Wallets” first. I will skim through some steps and focus mostly on what is specific to ColdCard here. This guide will be appropriate for the ColdCard MK3 and the…
Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has been consistently ranked by users as one of the most requested enhancements since we began offering the purchase of crypto on our platform,” Paypal revealed. Paypal Now Supports External Wallet Transfers Payments giant Paypal finally allows users to transfer cryptocurrencies in and…
Co-founder and chief evangelist officer for Codex, Alex Gordon-Brander, spoke to Cointelegraph about his Bitcoin story, the real-world use cases for crypto, and the economic downturn during a World Economic Forum interview in Davos, Switzerland. Standing curbside in front of Davos’ “Crypto House” at dusk, where Gordon-Brander had just finished demonstrating Codex’s capabilities during a crypto panel, the co-founder shared…
In brief “Move-to-earn” app Stepn lets users earn crypto for walking, jogging or running. Users must buy NFT sneakers that offer differing returns while exercising; some have sold for thousands of dollars. Stepn is the evolution of two concepts that have been gaining traction for several years now: the augmented reality (AR) game and play-to-earn gaming. AR games typically feature…
The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. According to a DFS statement, it is the first regulator in the United States to impose such expectations on a stablecoin issuer. The requirements in the guidance concern redeemability, reserves and attestation. They state that a stablecoin must be…
A new financial disclosure from Rep. Madison Cawthorn (R-NC) shows he was late in reporting up to $950,000 in cryptocurrency transactions that included Bitcoin, Ethereum, and Solana. The North Carolina congressman’s crypto trades included the anti-Joe Biden token “Let’s Go Brandon” (LGB), the native token of the Request Network (REQ), and the token for automated trading platform Kryll (KRL). He…
Achieva Credit Union has become the first of its kind in Florida to allow customers to purchase bitcoin.The functionality was released in a new application on Tuesday.Customer curiosity for bitcoin rose once the credit union allowed third-party services to enable bitcoin purchases. Florida-based Achieva Credit Union became the first credit union to offer customers the ability to buy and sell…
Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions. BTC-USD 12-hour price at Coinbase. Source: TradingView The choppy trading partially reflects the uncertainty of the stock market as the S&P 500 index ranged from 3,900 to 4,180 in the same period.…
In brief Salesforce has launched NFT Cloud, an NFT minting and sales platform. It won’t use energy-intensive proof-of-work blockchain platforms. Cloud software giant Salesforce is taking the plunge into the NFT space. Today, the leading customer relationship management software firm revealed NFT Cloud, a platform to help brands and businesses mint and sell NFT assets. NFT Cloud is billed as…
