Bitcoin continues to hover below $20,000 to start the week, as U.S. markets were mainly closed due to the Independence Day celebrations. This past weekend’s volatility carried forward into Monday’s session, with ETH remaining close to a breakout below $1,000. Bitcoin Bitcoin started the week in the red, as the world’s largest crypto token continues to hover below $20,000. Following…
Month: July 2022
The UK ‘Bitcoin Adventure’ shows BTC is a family affair
Bitcoin (BTC) is for everyone: toddlers, kids, hard rockers and even racing pigs. At the “Bitcoin Adventure” held in Avon Valley, near Bristol, Bitcoiners and hobbyists shared their knowledge, quips and personal journeys down the Bitcoin rabbit hole despite the predictably wet United Kingdom weather. Better still, Bitcoin’s “toxic maximalism” was MIA. pic.twitter.com/7IOtpYuSDh — The Bitcoin Adventure (@TheBTCAdventure) July 3,…
Who owns the most Bitcoin in 2022?
One of the main features of the Bitcoin blockchain is its transparency. Bitcoin lets anyone see every transaction that has ever been made on its network and check the balance of every address out there. Because of this transparency, we’re able to know who owns the most Bitcoin (BTC) in 2022. It’s important to look at who owns the most…
Colombia to Use Ripple Ledger to Issue Land Registry Certificates – Blockchain Bitcoin News
The government of Colombia announced a new system that will allow it to use the Ripple Ledger to store and authenticate property titles. The system, which was developed by a third-party company called Peersyst Technology, aims to allow the National Land Agency to issue a record number of land adjudications for citizens. Colombia to Register Land Titles on the…
Meta signals closure of Novi wallet after a 10-month pilot
Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project. Novi’s website landing page has been revamped to inform pilot users that the platform will be decommissioned on September 1. This ends an eight-month-long pilot project that saw users based in the United States and Guatemala trial…
Crypto Lending Platform Vauld Halts Operations Citing Financial Difficulties
Vauld, a Singapore-based cryptocurrency lending and exchange platform, has halted its operations, citing financial difficulties amid volatile market conditions. The company also announced that it would immediately suspend all deposits, withdrawals, and trading. Vauld is backed by leading VCs, including Coinbase Ventures, Pantera Capital, and Peter Thiel’s Valar Ventures. The company will only process customer deposits related to its collateralized…
CoinShares acquires French crypto asset manager Napoleon AM
Major European digital asset manager CoinShares is finalizing the acquisition of the French fintech firm Napoleon Group despite the ongoing market decline. CoinShares announced on July 4 that the firm has acquired Napoleon Asset Management, a digital asset management subsidiary of Napoleon Group. CoinShares previously entered into a sale and purchase agreement (SPA) to acquire the entire issued share capital in…
Circle CEO Says USDC Stablecoin Provider Is in ‘Strongest Position’ Ever
Jeremy Allaire, the CEO of the financial service company Circle, moved to quell rumors that the firm’s USDC stablecoin is on the brink of collapse. In a Twitter thread published over the weekend, Allaire said he can understand why the crypto community “would be paranoid” about USDC, taking into account the recent collapse of several prominent crypto projects. “Circle is…
Peter Schiff’s bank closure strengthens Bitcoin case for financial freedom
Prominent economist Peter Schiff, who is well-known in the community for his anti-crypto sentiments, had his bank shut down by Puerto Rico regulators. The revelation, however, led to Crypto Twitter pointing out the “irony” as Schiff’s prediction for Bitcoin (BTC) came true for his own traditional bank. Puerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum…
‘Wild ride’ lower for BTC? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day. The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent. After a quiet weekend, hodlers find themselves stuck in a narrow range while the prospect…