On Sept. 6 Bitcoin (BTC) price crumbled below $20,000 and the asset looks ready to undergo further decline in September due to a strong U.S. dollar and an ominous technical analysis pattern. Bitcoin eyes $15,000 next From a technical perspective, Bitcoin risks dropping to $15,000 or below in the coming weeks after breaking out of its prevailing “bear flag” pattern.…
The Argentine Grand Lodge of Free and Accepted Masons is jumping into nonfungible tokens (NFTs), but with a philanthropic twist. The secretive society is releasing 77 digital art NFTs under the name CryptoMasons, with profits going back to local charities supported by the chapter. According to the announcement, it is the first official NFT project supported by a local Grand…
Russia’s Finance Ministry has reportedly begun working with the governments of “friendly” nations to establish a cross-border stablecoin-based payments platform. According to a Tuesday report from Russia state-owned news agency TASS, deputy finance minister Alexey Moiseev said the government was looking to create the settlement platform in an effort to avoid the use of U.S. dollars and euros. The finance…
In brief Solana NFT project y00ts launched Monday night, and has yielded over $6 million worth of secondary sales so far. Dust Labs, the NFT startup tied to y00ts and DeGods, announced on Monday that it has raised $7 million in seed funding. Solana NFT project y00ts is off to a hot start since launching last night, topping secondary markets…
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain and Ethereum co-founder Vitalik Buterin detailed it was important for network participants to update their clients. From Bellatrix to Paris…
This is an opinion editorial by João, founder of Boletim Bitcoin, a Brazilian portal focused 100% on Bitcoin. Meet Bitcoin Beach Brazil, a social project inspired by El Salvador, which is increasing the adoption of BTC as a form of payment and savings for local businesses and schools in the interior of Brazil. The El Zonte region, located about one…
Cryptocurrency miner Hive Blockchain has been working to replace the mining of Ether (ETH) with other coins in the event of Ethereum’s upcoming transition to proof-of-stake, or PoS. The Canadian crypto mining firm has been analyzing options for mining with its GPU stash ahead of the Ethereum Merge, Hive said in its latest production update on Tuesday. According to the…
press release PRESS RELEASE. The connected future of sports and blockchain is on the horizon as Rögle announced an NFT-driven partnership with Locker Token earlier today. The partnership, as entailed in an official release, establishes a formal relationship between the two entities while also providing an insight into Rögle’s intention to launch players and in-game moments as NFTs – with…
Decentralized exchange aggregator 1inch is rewarding users with free tokens for their participation on Optimism — a move the organization says will further incentivize activity on the Ethereum layer-2 scaling solution. The exchange aggregator announced Tuesday that it would equally distribute 300,000 OP tokens among its most active wallets and regular users on Optimism through a retrospective Merkle drop. 1inch…
Bitcoin (BTC) traded in an increasingly narrow range on Sept. 6 as bets piled in over an imminent breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance futures giant sucks in spent BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying under $20,000 for a fourth straight day with bulls failing to crack resistance. As many wondered when…
