Bitcoin is for everyone. Not only is Bitcoin for everyone, Bitcoin is the first financial system that doesn’t even require you to be a human to use it. Eventually, inanimate objects, artificial intelligence scripts, self-driving vehicles and non-human intelligence alike will all be able to access the network by simply holding the private keys to a Bitcoin wallet. Deflationists and…
Most traders have noticed that Ether (ETH) price has seriously outperformed Bitcoin (BTC) for months now and the ETH/BTC ratio has rallied more than 230% in 2021 and recently hit a new high at 0.089 BTC on Dec. 9. ETH/BTC pair at Coinbase. Source: TradingView To put things in perspective, Ether’s $490 billion market capitalization currently represents 54% of Bitcoin‘s…
Last month, Cointelegraph interviewed Reserve CEO Nevin Freeman and the payment decentralized application’s community manager Yens Michiels about the company’s mission to provide access to stable currencies. More recently, Cointelegraph spoke to a couple of users based out of Venezuela and Colombia who shared their positive experiences with Reserve. Reserve is a tool to exchange fiat currency like Venezuelan bolivares…
New York-based asset manager WisdomTree has amended its filing for a Bitcoin exchange-traded fund with the Securities and Exchange Commission to name U.S. Bank as its custodian. In a Wednesday filing, WisdomTree listed U.S. Bank National Association as the custodian for shares of its Bitcoin (BTC) trust. The filing is an amendment to its March 11 registration for a spot…
The Stacks ecosystem is a collection of independent entities, developers and community members working to build a user-owned internet on the Bitcoin (BTC) blockchain. Stacks’ STX cryptocurrency was distributed to the general public through the first-ever Securities and Exchange Commission-qualified token offering in the United States. Mitchell Cuevas, head of growth for the Stacks Foundation, held an exclusive ask-me-anything, or…
Florida Governor Ron DeSantis has reportedly proposed programs to make his state friendlier to Bitcoin innovation. The governor’s move gives Miami Mayor Francis Suarez state-level support, adding to the previous aid received at the county level. “Our view as the state government is this is something that we welcome and we want to make sure that the state government is…
Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum cofounder Joseph Lubin, provides strategic and technical services for creators to build NFT marketplaces. Other major backers include Griffin Gaming Partners, RRE, Third Kind Venture Capital, Sfermion, the LAO, Warner Bros., and…
Crypto markets tanked again after Bitcoin (BTC) price slipped to $47,500 on Dec. 9, but most analysts agree that the price is destined to remain in the $40,000 to $55,000 range until the holiday season has passed. BTC/USDT 4-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows that the early morning defense of the $50,000 support level was…
The popular forum and news aggregation web portal Reddit has revealed the firm’s Community Points beta program where Reddit users can “own a piece” of their community with “custom tokens” for subreddits. Blockchain-Backed Reddit Community Points: ‘The First Step Towards a Different Future for Online Communities’ At the end of July, Reddit announced that the platform’s Community Points system would…
Just when things were starting to look up for investors, crypto markets headed back down faster than Chinese home sales. The price of Bitcoin and Ethereum both fell more than 5% in 24 hours as the total cryptocurrency market capitalization lopped off nearly 6% of its value, according to data from CoinGecko. Stock prices, too, were trending lower after Chinese…
