Leading global payment companies Mastercard and Visa have been making moves to accelerate the support of cryptocurrency payment processors by opening up new options for users around the world. Both companies made strong statements in support of the use of cryptocurrencies in July by announcing...
Month: July 2020
$1.2B Bitcoin Futures and Options Contracts Just Expired — What’s Next?
A total of 106,000 Bitcoin (BTC) futures contracts and options expired today, and this has investors curious about how BTC price may respond, leading into and after the expiry. Bears were not expecting the most recent run to $11,000, especially after two months of sideways...
Decentralized Exchange Bancor Officially Launches Upgraded V2 Platform
The Bancor project has launched a heavily upgraded version of its decentralized exchange, promising to solve what it calls “DeFi’s dirty little secret.” According to a blog post released on Friday, the contracts have been deployed to mainnet in a beta launch mode. Each pool...
Chainlink Partners With State of Colorado to Help Create A New Lottery Game
Chainlink (LINK) and the State of Colorado have partnered on a hackathon with the goal of creating a new lottery game. There are $17,500 in prizes available for three winners, plus an additional $8,500 in Web3 bonus prizes sponsored by Chainlink. $1 billion revenue goal...
Blockchain Could Help Content Generation Industry Be More Profitable
Chinese content generation platform TikTok, a video-sharing app that has been called the fastest-growing social networking service in history, has been in the spotlight since early 2019 and now surpasses 800 million users. Despite the fact that the app’s data security breaches are raising controversy...
Bitcoin Price Climbs to $11,200, But Three Factors Hint at a Pullback
The price of Bitcoin (BTC) has increased from $10,995 to over $11,200 in the past 12 hours. But while the momentum of BTC also pushed up the price of other top cryptocurrencies, including Ether (ETH), key metrics and technical patterns suggest the chances of a...
Dai Supply Hits New Highs as Efforts to Restore Peg See Limited Success
The MakerDAO community approved and executed a vote on Thursday to almost double the total debt ceiling, which indicates how much Dai (DAI) can be minted by its users. An announcement by the Maker Foundation posted on July 29 details the specific proposal to raise...
Ether Addresses in Profit Have Soared 132% in a Year – CoinDesk
Even with ether (ETH) close to yearly highs, profitable addresses have grown by a hefty 132% since last July. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial...
SEC Wants to Start Scrutinizing Binance Chain Transactions – CoinDesk
The U.S. Securities and Exchange Commission (SEC) appears to be gearing up for a closer look at Binance coin (BNB) and other tokens on cryptocurrency exchange giant Binance’s eponymous blockchain. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the...
William Shatner’s NFT Collectibles Sell Out at Warp Speed
Digital collectibles featuring personal memorabilia from the actor best known as Captain Kirk of the USS Enterprise have sold out in just minutes. Non-fungible token (NFT) trading cards featuring images from William Shatner’s personal life and career, from the 1930s to today, sold out in...