Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund to “push the adoption” of the Binance Smart Chain and “the whole blockchain industry.” Binance Launches ‘the World’s Largest Crypto Accelerator’ Cryptocurrency exchange Binance announced Tuesday the launch of a…
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Bitcoin futures ETF will likely be delayed until 2022 says research firm CFRA
Regulatory uncertainty could be the cause for yet more delays in the approval of long-awaited Bitcoin exchange-traded products. Source link
Stripe builds new crypto team for payments three years after dropping Bitcoin
U.S. fintech giant Stripe is hiring a new blockchain team to enable crypto payments for its users. The $100 billion company is returning to the crypto sector three years after it pulled back from offering Bitcoin support due its slow transaction times and rising fees. According to a job listing page on Stripe’s website, the firm is looking for four…
Coinbase Launching NFT Marketplace With Social Features to Grow Creator Community ‘Exponentially’ – Exchanges Bitcoin News
Cryptocurrency exchange Coinbase is launching a peer-to-peer marketplace for non-fungible tokens (NFTs). The Nasdaq-listed company says that “Coinbase NFT” will make “minting, purchasing, showcasing, and discovering NFTs easier than ever.” In addition, Coinbase says, “We’re going to grow the creator community exponentially, a win for artists and for fans.” Coinbase NFT to Help Grow Creator Community ‘Exponentially’ The Nasdaq-listed cryptocurrency…
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle – Economics Bitcoin News
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3% one year from now. In addition to the dreary economic outlook, gas prices…
Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister
While Russia continues to enforce a ban on cryptocurrency payments as part of a law which took effect in January, the country has no plans at this time to completely prohibit trading by its citizens.According to an Oct. 12 report from local news agency Interfax, Alexey Moiseev, the deputy finance minister of the Russian Federation, said he believes Russian citizens…
NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity – Sponsored Bitcoin News
sponsored HIVE Blockchain is set to expand its data center campus in New Brunswick, Canada with 40 megawatts capacity. It is the first publicly-traded cryptocurrency miner, listing in Toronto on the Venture Exchange back in 2017 and added to NASDAQ in 2021. It mines both Bitcoin and Ethereum using 100% green energy in facilities across Canada, Sweden, and Iceland. HIVE…
Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies – Bitcoin News
On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration will allow Wix merchants to accept 12 different cryptocurrencies such as bitcoin, dogecoin, bitcoin cash, ethereum, litecoin, and stablecoins as well. SaaS Platform Wix Implements Bitpay Infrastructure So Merchants Can…
Traders pin Ethereum’s route to new ATH to eventual Bitcoin ETF approval
Ether (ETH) price is lagging Bitcoin’s (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the Ethereum network can successfully migrate to proof of stake (PoS) validation and finally solve the high gas fees issue.Bitcoin…
Coinbase follows FTX and Binance in launching NFT marketplace
Major crypto exchange Coinbase has announced it will be opening a waitlist for a nonfungible marketplace it plans to launch later this year.In an Oct. 12 blog post, Coinbase vice president of product and ecosystem Sanchan Saxena said the nonfungible token, or NFT, marketplace would allow its users to mint, purchase, discover, and showcase Ethereum-based tokens. According to Saxena, the…