Bitcoin News / Bitcoin.com - 2 years ago
Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” Expecting a slowdown in consumer demand to “lead to an outright recession,” t...
Bitcoin News / Bitcoin.com - 2 years ago
Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurrency firms, including Coinbase, Gemini, Paxos, and...
Bitcoin News / Bitcoin.com - 2 years ago
On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to Apple not...
Bitcoin News / Bitcoin.com - 2 years ago
On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWI...
Bitcoin News / Bitcoin.com - 2 years ago
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over...
Bitcoin News / Bitcoin.com - 2 years ago
Xrp rebounded from a two-month low to start the weekend, as prices moved back above a key support point. The token, which fell to its lowest point since January on Friday, rose by as much as 2% on Saturday. Cardano also recovered yesterday’s l...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Friday’s sell-off. Prices plunged to a two-week low in yesterday’s session, however sentiment has somewhat shifted. Ethereum also recove...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. B2BinPay has unveiled that they are now an official sponsor of Athletic Club, one of Spain’s most renowned football teams! This momentous collaboration will begin on February 14th and continue until the 2023/2024 La Liga season....
Bitcoin News / Bitcoin.com - 2 years ago
A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of pr...
Bitcoin News / Bitcoin.com - 2 years ago
The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of risi...
Bitcoin News / Bitcoin.com - 2 years ago
Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon&#...
Bitcoin News / Bitcoin.com - 2 years ago
An official of India’s central bank, the Reserve Bank of India (RBI), says that the country’s central bank digital currency (CBDC) will act as an alternative to cryptocurrency. He stressed that the digital rupee must possess all the attri...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrency exchange Coinbase has acquired One River Digital Asset Management, an institutional digital asset manager and registered investment adviser with the Securities and Exchange Commission (SEC). This acquisition allows Coinbase “...
Bitcoin News / Bitcoin.com - 2 years ago
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximat...
Bitcoin News / Bitcoin.com - 2 years ago
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth...
Bitcoin News / Bitcoin.com - 2 years ago
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted...
Bitcoin News / Bitcoin.com - 2 years ago
Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also drop...
Bitcoin News / Bitcoin.com - 2 years ago
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supp...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions....
Bitcoin News / Bitcoin.com - 2 years ago
Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging t...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. How to participate in the Arbitrum ecosystem as Layer 2 continues gaining traction? The Ethereum’s Layer 2 (L2) players have been performing exceptionally well to date, with impressive TVLs in the ecosystems of Arbitrum, Polygon...
Bitcoin News / Bitcoin.com - 2 years ago
The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurr...
Bitcoin News / Bitcoin.com - 2 years ago
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition o...
Bitcoin News / Bitcoin.com - 2 years ago
Unity, a gaming engine development company, has announced the introduction of several blockchain-based integration options to its platform. The new options offer opportunities for developers, that will be able to take advantage of digital identity, t...
Bitcoin News / Bitcoin.com - 2 years ago
HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, reg...
