Payments giant Stripe is in advanced discussions to acquire the San Antonio-based stablecoin platform Bridge for $1 billion, according to reports by Bloomberg and Forbes. Founded by former Coinbase employees Zach Abrams and Sean Yu, Bridge specializes in enabling businesses to create, store, and transact with stablecoins like Tether’s USDT and Circle’s USDC, having raised […] Source: https://news.bitcoin.com/stripe-doubles-down-on-stablecoin-market-reportedly-in-advanced-talks-to-acquire-bridge-for-1-billion/
Month: October 2024
Bitcoin whale accumulation mirrors 2020 trend where BTC rallied 550%
New and old Bitcoin whale wallets have been gobbling up BTC, mirroring a 2020 trend that saw the asset rally by 550%. Source: https://cointelegraph.com/news/bitcoin-whales-current-accumulation-trend-emulates-2020-2021-s-550-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grexie Signchain Launches on November 1st, 2024: Enabling Smart Contract Developers to Bring Off-Chain Data On-Chain with Seamless Gas-Paid Signing
Grexie Signchain enables developers to sign off-chain data into smart contracts, with self-hosted or secure vault signer wallet management. MANCHESTER, England, Oct. 17, 2024 /PRNewswire/ — Grexie Limited proudly announces the launch of its innovative smart contract solution, Signchain, on November 1st, 2024. Designed specifically for developers, Signchain introduces a powerful way to bring off-chain data on-chain through user-paid gas fees…
Can Bitcoin Overcome Rising US Bond Yields?
Bitcoin has experienced an impressive 11% increase in value over the past week, nearing the highs it reached in July. However, some macroeconomic factors could pose challenges for the cryptocurrency’s price trajectory, according to industry experts. Concerns Raised by Analysts Yuya Hasegawa, a crypto market analyst at Bitbank in Japan, has pointed out that the rising U.S. bond yields present…
Michael Saylor Challenges Bitcoin Doubters to Short MicroStrategy
Michael Saylor, the founder of MicroStrategy Inc., recently issued a challenge to those who are skeptical about the potential of Bitcoin. In an interview with journalist Madison Reidy, Saylor dared doubters to short his company’s stock, emphasizing that MicroStrategy has no intention of selling its holdings of the cryptocurrency. During the interview, Saylor playfully suggested that if someone truly “hates”…
MicroStrategy set for gains; ‘don’t fear the premium,' analyst says
Benchmark analyst Mark Palmer has raised his price target for MSTR stock to $245 per share from $215. Source: https://cointelegraph.com/news/microstrategy-further-gains-dont-fear-premium-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
dGEN1 Mobile Device Launches for ‘Seamless’ Onchain Ethereum Transactions
Freedom Factory has announced the launch of the dGEN1, a mobile device designed to make onchain crypto transactions more accessible. Set to ship in Spring 2025; the dGEN1 is positioned as an everyday carry (EDC) device that lets users interact with decentralized applications (dapps) without the need for third-party intermediaries or hidden fees. “Crypto is no longer confined to desktop…
A New Blockchain Player Emerges: Inside World Chain’s Ambitious Plans
The World Foundation has introduced World Chain, a new blockchain network that claims to focus on verified human users instead of bots. With 15 million verified participants already, the project aims to tackle blockchain issues like congestion and costly transaction fees. How World Chain Plans to Change Blockchain In a statement shared with Bitcoin.com News, […] Source: https://news.bitcoin.com/a-new-blockchain-player-emerges-inside-world-chains-ambitious-plans/
5 DeFi predictions for 2025: Rise of AI, Omnichain and BTC derivatives
It’s that time of year again when pundits break out the crystal ball to predict the big new trends in DeFi for 2025. Source: https://cointelegraph.com/news/five-defi-predictions-for-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy’s Bitcoin Scheme Isn’t an ‘Infinite Money Glitch’, Says Michael Saylor
MicroStrategy, the world’s largest Bitcoin (BTC) corporate holder, has seen its market capitalization climb from $1.5 billion to over $40 billion in just four years. Co-founder and executive chairman Michael Saylor attributes this rapid growth to the company’s approach to integrating Bitcoin with traditional financial markets. “MicroStrategy is pioneering a new market; we’re issuing securities backed by digital capital,” Saylor…