Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury

December 4, 2021 0 Comments

This post was originally published on this site As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were […]

Lightning Speed: Eight Mind-blowing Facts About The Lightning Network

December 4, 2021 0 Comments

This post was originally published on this siteWelcome to “Lightning Speed,” a new section in which NewsBTC will explore the possibilities that Bitcoin’s Lightning Network opens. In this first edition, we will focus on Peter St Onge’s “The Lightning Network is About to Change the World” article. According to his bio, the academic “holds a […]

Blockchains need to move toward standards for interoperable asset transfers

December 4, 2021 0 Comments

This post was originally published on this site A new emerging economy, which includes blockchain-native tokens, digital tokens, stablecoins and CBDCs, requires interoperable blockchain standards.

Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days

December 4, 2021 0 Comments

This post was originally published on this site A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is down more than 16% and the price of bitcoin slid below the $50K zone to a low […]

Gold, Bitcoin or DeFi: How can investors hedge against inflation?

December 4, 2021 0 Comments

This post was originally published on this site Over the last 10 years, Bitcoin has been through 20 different bear markets. Is it finally starting to prove itself?

MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG

December 4, 2021 0 Comments

This post was originally published on this site PRESS RELEASE. MetaGods, the world’s first play-to-earn 8-bit action role-playing game built on the blockchain, has raised $3 million USD in funding from supporting investors. Numerous investors and partners have partnered with the initiative to combine blockchain technology and the fast growing gaming sector to revolutionize the […]

Ethereum acts as a 'hedge' in Bitcoin price crash as ETH/BTC hits 3-year high

December 4, 2021 0 Comments

This post was originally published on this site The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday.

Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted

December 4, 2021 0 Comments

This post was originally published on this site The recent movements in the treasury of Terra, a decentralized financial payment network, which is now burning more than $4 billion worth of LUNA due to a governance proposal, have seemingly made the price of the asset rise to all-time high (ATH) levels. This rise has been […]

Northern Data Releases Annual Mining Performance, Reaches €220m in Revenue

December 4, 2021 0 Comments

This post was originally published on this siteNorthern Data’s revenue has hit the 180-220 million Euros mark this year, according to their 2021 YTD disclosure. The firm’s Chief Executive Officer (CEO), Aroosh Thillainathan, expressed his firm’s pleasure at providing the update, which comes after a period of uncertainty around Northern Data’s annual report. The report […]

Without staking, institutional crypto investors cannot escape inflation

December 4, 2021 0 Comments

This post was originally published on this site If institutional investment is going to drive the growth of PoS token markets, it will need to participate in networks in addition to owning them.