Cryptocurrencies Are ‘a Disaster Waiting to Happen’ – Featured Bitcoin News

Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.” Trump Is Still No Fan of Bitcoin or Crypto Donald Trump talked about cryptocurrency in an interview with Fox Business Tuesday. Responding to a question about whether he has dabbled in bitcoin or cryptos, Trump promptly said: “I don’t. I like the currency of the Read more …

Ex-Goldman Exec And Real Vision Founder Puts Ethereum Value At $20,000 By March 2022

Ethereum has been on an impressive growth path recently. The digital asset recently broke a three-month high after it broke through $3,400 in the early hours of Tuesday. Usage on the Ethereum network has increased drastically in the recent weeks, causing fee rates to surge 200% in the space of a week. As more users adopt the leading smart contracts platform, predictions for the asset’s value have risen accordingly. Raoul Pal is an ex-Goldman hedge fund exec who is bullish Read more …

What Would Bitcoin Institutions Look Like

“Without common ideas, there is no common action, and without common action men still exist, but a social body does not. Thus in order that there be society, and all the more, that this society prosper, it is necessary that all the minds of the citizens always be brought together and held together by some principle ideas.” ― Alexis de Tocqueville, “Democracy in America” After reading the quote above by the ever-prescient Alexis de Tocqueville, it strikes me that if Read more …

Visa Describes NFTs As Promising Means To Engage With The Fans

Visa now makes a full head plunge into the NFTs following its evaluation of the technology behind the assets. The global payment giant described NFTs as having the potential to serve as the engagement medium for fans. Visa made this description through its recent whitepaper publication. The publication suggests that Visa sees non-fungible tokens as a crucial innovation during the recent pandemic. The publication observed that strict restriction orders cause a limitation to live sports, music festivals, and entertainment. Related Read more …

Former DigitalX Executive Appointed As The New Binance Australia CEO

The former executive of the first blockchain listed publicly is now the current CEO of Binance Australia. The exchange announced Leigh Travers’s appointment. The new CEO was formerly the chief executive of DigitalX, a locally known blockchain technology and payment enterprise. Leigh Travers served seven years at DigitalX. He also served as a board member in Blockchain Australia, the local leading blockchain sector body. DigitalX broke records as the first publicly-listed blockchain organization in June 2014. Related Reading | Cryptocurrency Firms Read more …

Central Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC Project – Emerging Markets Bitcoin News

The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As a technical partner, Bitt is expected to use its “technological competence and implementation experience” to help the CBN successfully launch the central bank digital currency (CBDC). E-Naira Draft Guidelines The CBN’s unveiling of the Barbados-based firm as its partner comes shortly after reports suggested that the central bank had released draft guidelines for the e-naira. Read more …

TradeStars Launches Mainnet of Fantasy Sports Stock Trading Game based on Fractional NFTs – Press release Bitcoin News

press release PRESS RELEASE. TradeStars has launched “Olympic Torch”, the Mainnet of their Fantasy Sports Stock Trading Game, on 31st August, 2021. TradeStars’ new Fantasy Sports Game allows users to trade Fantasy Stocks of world-class athletes, whose value is directly influenced by the real life performance statistics of the respective player. The Fantasy Stocks can be purchased using USDT for now; fiat payment gateways (for INR and USD) are on their way. Fantasy Sports Gaming Today Fantasy Sports Gaming has Read more …

Metamask Surpasses 10 Million Monthly Active Users, Climbing 1,800% in 12 Months – Defi Bitcoin News

On Tuesday, the noncustodial digital currency wallet Metamask announced that the platform has surpassed 10 million monthly active users (MAUs). Year-to-date, Metamask has seen 19x growth since July 2020 as MAUs climbed 1,800% in 12 months. Metamask Hits Over 10 Million Monthly Active Users There’s no doubt that Metamask has been a popular Ethereum blockchain wallet that is also compatible with technologies like Polygon, Optimism, and Arbitrum. The wallet was created by the blockchain software company Consensys in 2016 and Read more …

Government Centralization Vs. Bitcoin Decentralization

Watch This Episode On YouTube Listen To This Episode: Hosts: Christian Keroles and Ansel Lindner Guests: Greg Foss and Aaron Segal In this special episode of Bitcoin Magazine’s “Fed Watch” podcast, we sat down with two bright minds in the bitcoin space, Greg Foss and Aaron Segal, to discuss the global process and interplay of centralization and decentralization in society. It was a sort of a panel discussion with Keroles guiding our topics. The Current And Future Battle Between Centralization Read more …

Naomi Osaka Reveals New NFT, Dogecoin Sparks Tennis Star’s Interest in Cryptocurrencies – Bitcoin News

The popular professional tennis player Naomi Osaka has been discussing non-fungible token (NFT) assets and the meme crypto asset dogecoin in recent times. In a recent interview, Osaka said that she’s been talking to her agent about dogecoin and that she sees the crypto ecosystem “is getting bigger.” Naomi Osaka Drops ‘Finding What Was Lost’ NFT Naomi Osaka is a very popular tennis player and was ranked No. 1 by the Women’s Tennis Association (WTA). The tennis legend has approximately Read more …

Quant Explains Why Bitcoin Bull Cycle Is Only In Phase 1

Top Quant uses the puell multiple to point out a pattern that explains why the current Bitcoin bull cycle is only in the first phase. The Bull Market Is Not Over, Phase 1 Has Just Begun According to a CryptoQuant analyst, past cycles show that the current Bitcoin bull market isn’t over yet. The puell multiple seems to reveal where the price might head next. The puell multiple is a BTC indicator used to tell how healthy miners’ revenue is. Read more …

Player Bedazzled as Jewel-Themed Slot Gem Splitter Unlocks a $95,000 Jackpot With a $95 Bet – Promoted Bitcoin News

Sparklingly hot casino slot game Gem Splitter unlocks a treasure worth 2 BTC for this lucky player! A ludicrously big multiplier was applied to one of the bets that a lucky player placed on the dazzlingly beautiful slot game ‘Gem Splitter’ at Bitcoin.com Games. This big win marks a second for the month of August as another player bagged a jackpot of $75,000 previously on the game ‘Book of Aztec’. The fortunate player had the casino gods on their side Read more …