About 83.7% of those surveyed by Luno in a recent study believe the price of bitcoin will rise significantly in the next few months. In fact, 59.4% of the more bullish respondents are expecting the leading crypto to rise to as much as $100,000. Bullish Beyond Bitcoin These are the findings of Luno’s Q3 Customer Sentiment Survey that was conducted between August 20 and September 20. A total of 1,870 customers of Luno cryptocurrency exchange from South Africa, Malaysia, Indonesia, Read more …
A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a later date. Nwanisobi’s announcement came less than 24 hours before the CBN was scheduled to launch the digital currency. Launch Date Clashes With Nigeria’s Day of Independence In a Facebook post that reveals the reasons behind the deference, Nwanisobi points to the clash of the CBDC’s launch date with Nigeria’s Read more …
Argo Blockchain, a London-based cryptocurrency mining company, has announced an expansion of its mining capacity that will more than double its current hashrate. The expansion will be done through the acquisition of 20,000 S19J Pro bitcoin miners from Bitmain, which will be delivered in several installments. These miners will populate the facility the company plans to build in Texas next year. Argo Blockchain Expands Hashrate Argo Blockchain, a London-based crypto mining company, has announced the purchase of 20,000 Read more …
press release PRESS RELEASE. YIELD App, a FinTech company, is thrilled to announce it has become the Official Digital Asset Wealth Management Partner of top Premier League football club, West Ham United. This exciting partnership comes just seven months after the public launch of YIELD App in February 2021, demonstrating the growing attractiveness of digital assets to a mainstream audience across the world. YIELD App enables its users to invest in digital assets and earn as much as 20.5% annual Read more …
A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities in Uzbekistan Blacklist ‘Unofficial’ Crypto Exchanges The National Agency of Project Management under the President of Uzbekistan has identified a number of online platforms offering crypto trading services without authorization. During a monitoring campaign on the internet, the body Read more …
Compound, one of the trademark defi protocols on the Ethereum blockchain, is experiencing a bug that allows users to reclaim unusually high amounts of its native token. The issue was caused by the implementation of a proposal that modified the contract that awards tokens to users. Compound Labs founder Robert Leshner declared that user funds were safe and that the bug would have to wait seven days to be patched due to platform policies. Compound Hit With Distribution Bug Read more …
Dilution-proof, October 1st, 2021 Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent bitcoin market movements and estimate where we are in the cycle. This fifth edition first takes a brief look at factors that provided a headwind for the bitcoin price during September. We then zoom in on an array of on-chain metrics that saw a significant trend change around the January local bitcoin price top, which in hindsight also set a Read more …
Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary of the Week This week was filled with bullish news. As the market appears to prepare for an end of year run, the good word keeps coming. From El Salvador’s volcano bitcoin mining operations going live to a Missouri Mayor planning to give households $1,000 in bitcoin each, the week was something Read more …
On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace. Dolce and Gabbana’s Collezione Genesi Rakes in 1,885 Ether Dolce and Gabbana’s first-ever non-fungible-token (NFT) drop, Collezione Genesi raked in a whopping 1,885 ether or $5.7 million, using ethereum (ETH) exchange rates at the time of sale on Thursday. Two notable NFTs brought in Read more …
Watch This Episode On YouTube Listen To This Episode: The government of El Salvador recently made a historic move by declaring bitcoin as legal tender, but the implementation of this new monetary network on the nation-state level hasn’t come without its fair share of obstacles. Alex Gladstein, chief strategy officer of the Human Rights Foundation, recently wrote an outstanding piece called “The Village And The Strongman” detailing the state of Bitcoin in El Salvador, and he joined a Twitter Spaces Read more …
sponsored The red planet is a mystery to man and his obsession with it has created many legends and myths over the centuries. As the US’s Perseverance rover lands on Mars and drills its first Martian rock core for NASA, interest in Mars is at an all-time high, and pioneers are dying to stake their claim on the Red Planet’s soils. A meaningful approach for the visionary is to speculate on Mars’s value. You can do this by participating in Read more …
At BitBlockBoom in August 2021, American Hodl prompted the audience to reflect on how we, as the future wealthy elite, will allocate our resources for the benefit of future generations. His main point was to emphasize the importance of making wise investments in a sound money economy because if someone squanders their bitcoin on reckless ventures, they wouldn’t be getting that bitcoin back. Though American Hodl didn’t share his own ideas for the types of things Bitcoiners should invest in Read more …