Month: March 2021

BitTorrent (BTT), the native token of the popular peer-to-peer file-sharing protocol BitTorrent, has surged nearly 30% in the past 24 hours. The rally took the valuation of BTT to over $5.2 billion, making it the 24th most valuable cryptocurrency by market capitalization. What’s more impressive, the token’s value has increased more than ten-fold in the past two months.  BTT/USDT 4-hour price chart (Binance). Source: TradingView.com Is there any catalyst behind the BTT rally? There has been no clear fundamental catalyst Read more …

Watch This Episode On YouTube Listen To This Episode: In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and Ansel Lindner sat down with Daniel Prince, host of the “Once Bitten” podcast. Prince offered a perspective from his unique experience, starting from a successful career in global forex and trading, to traveling the world for years with four kids and now as the host of a bitcoin maximalist podcast interviewing many great bitcoiners. This episode covered a wide Read more …

Anchorage Digital Bank, a pioneer of digital asset custody, and cryptocurrency trading platform Prometheum are in the final approval phase for an alternative trading system, or ATS, tailed specifically for crypto investors.  Prometheum Ember ATS, also known as PEATS, is vying to bring alternative trading system technology to digital assets. PEATS will open to traders pending final regulatory approval by the United States Securities and Exchange Commission, or SEC. PEATS is currently undergoing the SEC’s rigorous “Three-Step Process” for approving Read more …

Goldman Sachs has revealed that it will be offering bitcoin investments to its wealth management clients. The investment bank reportedly plans to offer a “full spectrum” of bitcoin investments, “whether that’s through the physical bitcoin, derivatives or traditional investment vehicles.” Goldman Sachs to Begin Offering Bitcoin Investments to Wealthy Clients Goldman Sachs is the second major bank to say that it will be offering its wealthy clients access to bitcoin investments. CNBC reported on Wednesday that the bank is close Read more …

Cryptocurrency wallet and trading platform Uphold has received regulatory approval to purchase JNK Securities, a U.S. broker-dealer. In an announcement from Uphold today, the U.S. Financial Industry Regulatory Authority, or FINRA, gave the firm the green light to acquire JNK Securities. Uphold said the acquisition is aimed at allowing the platform to launch fractional equities in the United States later this year in addition to providing an interface for users to trade between crypto, stocks, carbon credits, precious metals, and Read more …

Bitcoin is often slammed over its high electricity consumption. Critics argue this is wasteful and unsustainable in the long term. However, in an unusual twist to the environmental debate, it turns out that fracking companies are utilizing waste gas to power Bitcoin mining rigs. Bitcoin Mops up Waste Gas The shale industry is in a state of decline. Not only are political, financial, and environmental issues closing in, but the effects of the pandemic have also taken their toll. With Read more …

This week, Binance and EasyFi revealed that high-yield staking through the EASY token would be enabled, with full integration soon to follow within the Binance Smart Chain. Here’s everything you need to know about the attractive program that offers a staggering up to 40.56% APY and how Binance users can now gain access to this revolutionary opportunity for unprecedented ROI. EasyFi Staking Program Brings High Yields To Binance Exchange Starting immediately, Binance Staking has officially debuted its latest new high-yield Read more …

The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin, we’re republishing the latest issue of this newsletter below. Remember to subscribe to receive this content straight to your inbox. This week’s newsletter describes a paper and a short discussion about probabilistic path selection for LN and includes our regular sections with summaries of popular Read more …

Kava, a DeFi-centric blockchain project built on the Cosmos SDK, has announced the concurrent release of Kava 5.1 and Hard Protocol V2, which marks the full launch of two-sided lending markets on the Kava blockchain. The Kava 5.1 upgrade is a significant boost to performance over previous major versions, with the team claiming a ten-fold increase in throughput through “consensus enhancements.” The upgrade also carries improvements to the BEP3 relayer that acts as the connection to Binance Smart Chain, and Read more …

Nonfungible tokens seem to be popping up everywhere lately — so why not on the big screen? Digital collectibles and virtual reality platform Terra Virtua is planning to launch today a line of Godzilla vs. Kong nonfungible token (NFT) collectibles created in collaboration with film production giants Warner Brothers — among the first-ever NFT drops to coincide with the release of a major film. Currently, collectors can buy retro-themed Godzilla and Kong Island posters for 75$, but more elaborate animations Read more …

PARSIQ, an enterprise blockchain solutions provider has stepped into the DeFi space by announcing its IQ Protocol launch. Currently, on an Ethereum-based testnet, IQ Protocol is a DeFi solution for the SaaS market that tokenizes subscriptions and creates a circular economy, complete with staking, lending, and borrowing features. The launch of IQ Protocol enables PARSIQ to introduce the concept of DeFi to a $160 billion industry segment and encourage cooperative development in the space. The testnet phase will allow the Read more …

Crypto exchange platform Crypto.com has reportedly led an $18.9 million private funding round for Enjin’s new NFT blockchain platform. Enjin announced the news on Wednesday with DFG Group, BlockTower and Arrington XRP Capital among other investors in the private sale. Dubbed “Efinity,” the platform is an NFT blockchain built on Polkadot that will reportedly offer greater scalability for participants in the expanding NFT space. Detailing the technical specifications of the new NFT blockchain, the announcement stated that Efinity will have Read more …