Bitcoin (BTC) is retaining this week’s gains — and some traders are doubling down on their bullish BTC price bets. BTC/USD 1-hour chart with 200-day EMA. Source: TradingView Trader: Bitcoin price may have bottomed A key moving average is buoying low-timeframe BTC price action, which continues to preserve $27,000, data from Cointelegraph Markets Pro and TradingView shows. Bitcoin may have…
The winner of a new art competition hosted by Binance will see their design featured on the helmet of racing driver Pierre Gasly from the Alpine Formula One team during the Abu Dhabi Grand Prix on Nov. 26, 2023. Crypto exchange Binance announced a helmet design competition to shortlist the winning art, which will be used as the helmet artwork for…
Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans to wind down support for BUSD. In an Aug. 31 statement from Binance, the crypto exchange confirmed prior speculation that it will gradually stop support for BUSD by February 2024 — a decision in line with Paxos’ plans…
Lufthansa Group, parent company of one of the world’s largest airlines, today announced the public launch of an NFT-based loyalty program that rewards participating passengers with digital collectibles that can unlock added benefits. All of the group’s airlines—which include Lufthansa, Austrian Airlines, Swiss International Air Lines, and others—are participating in the Uptrip loyalty program, letting passengers collect digital trading cards…
Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019. The CBECI was launched in July 2019 in an effort to provide reliable data-driven insights to questions about Bitcoin mining’s energy-intensive nature and associated environmental impact. …
Stroom Network, a liquid staking project for Bitcoin’s Lightning Network, has raised $3.5 million in an oversubscribed seed funding round led by Berlin-based crypto investment firm Greenfield, with strategic support from Mission Street, the venture arm of Ankr. The funding round was also joined by Lemniscap, No Limit Holdings, and Cogitent Ventures, along with several other venture capital firms and…
From flatcoins to on-chain advertisements, Brian Armstrong hopes aspiring developers take the time in the bear market to build out these crypto concepts. Source: https://cointelegraph.com/public/index.php/news/coinbase-ceo-brian-armstrong-reveals-crypto-ideas-hes-excited-for
There are hopes that the United States could see a new crypto resurgence after several rulings this year have seen court judges “rein in the SEC,” according to a digital asset lawyer from K&L Gates. On Aug. 31, Jeremy McLaughlin, a partner at the global law firm, noted that multiple U.S. court cases have stomped on arguments from Securities and…
The Republican presidential candidate also pledged to rescind all federal regulations that fail the Supreme Court’s major questions doctrine test in the West Vi… Source: https://cointelegraph.com/public/index.php/news/vivek-ramaswamy-grayscale-win-path-for-bitcoin-innovation
Coinbase CEO Brian Armstrong has unveiled the ten ideas he is most excited about when it comes to crypto’s future, sharing hopes that developers can use the bear market to take them to the next level. On Aug. 30, the Coinbase boss shared his vision of a crypto future in a company blog post and presentation — sharing the concepts he believes…
