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Day: December 2, 2020
BlackRock CEO Backs Bitcoin to Become Global Asset
The BlackRock CEO in the interview revealed that the global possession of Bitcoin affects the US dollar in real-time. The CEO of BlackRock Larry Fink in an interview with Mark Carney, the former governor of the Bank of England declared that Bitcoin may evolve to become a global market asset. Fink made it clear in a statement that the Bitcoin market is relatively smaller compared to the others, and the fact that it moves almost everyday places it in a key position to be globally recognized as such. Fink stated:…
Bitcoin Sees Record Number of Active Users as Price Almost Hits $20K
As bitcoin continues to set new price highs, its network is also seeing record-breaking user activity. As of Tuesday, there were 432,451 “active entities” – wallet clusters controlled by a single participant that sent or received funds in a 24-hour period. That’s an all-time high, according to data provided by blockchain analytics firm Glassnode. The previous peak of 410,972 was registered on Dec. 9, 2017. “The number of active entities has been increasing steadily since the halving and signifies a large increase in network adoption by participants,” said Matthew Dibb,…
Bitmain reportedly cuts off funding to Bitcoin Core developers
Bitmain, one of the world’s largest Bitcoin (BTC) miner producers, has reportedly halted its funding for some primary developers maintaining Bitcoin-related software. Jonas Schnelli, a major Bitcoin Core contributor and maintainer, claimed that Bitmain halted its support after funding his efforts for more than three years. In a Dec. 1 tweet, Schnelli said that he lost his sponsorship from Bitmain alongside Joao Barbosa, another Bitcoin Core contributor also known under the “promag” nickname on GitHub. “Thanks Bitmain for all the help (despite the disagreement we had),” Schnelli tweeted, asking the…
Did Kate Middleton Secretly Show Support After Meghan Markle’s Miscarriage?
This is an opinion. Meghan Markle sadly suffered a miscarriage earlier this year. Sections of the media have been incandescent with rage at the lack of public support from the royals. In light of this lack of support, some media sources are just making scenarios up in their heads instead. The public rivalry between Meghan Markle and Duchess Kate Middleton only really exists in the minds of fans and the media. The royal family is also known for its refusal to air its dirty laundry in public. Statements from the…
ETH LIVE: Ethereum and Bitcoin Update Presentation | Cryptocurrency Event
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io More info – #Ethereum #ETH #Binance #Coinbase #Bittrex #Gemini #Kraken #Crypto #Cryptocurrency. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Nearly 20% of PayPal Users Trade Bitcoin Using PayPal App
However, the survey revealed that PayPal has a challenge with making non-Bitcoin traders grow interests in digital assets. About 20% of all PayPal Holdings Inc (NASDAQ: PYPL) users have traded Bitcoin via the PayPal app. CoinDesk noted that the data was revealed by investment banking company Mizuho Securities on the 2nd of December. According to Mizuho’s survey, 65% of 380 PayPal users would make their payments in Bitcoin to PayPal’s 28 million merchants across the world. Also, the survey showed that 17% of all users had purchased and sold Bitcoin on…
Bitcoin moves $500K around the globe every second, says Samson Mow
Blockstream’s Samson Mow wants to move the conversation away from Bitcoin’s (BTC) performance in transactions per second and toward its role in ushering in “a new financial paradigm,” that is, serving as a permissionless medium for the store and transfer of value. #Bitcoin moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. It’s all about value transacted per second and a new financial paradigm. #VTPS not #TPS. Nothing comes close to @BTC. pic.twitter.com/aXfDauPx9b — Samson Mow…
BlockFi and Visa Partner to Launch Bitcoin Rewards Credit Card Early 2021
The rewards credit card users will receive 1.5% back on all purchases made using the card to be launched in Q1 2021. BlockFi, a New York-based cryptocurrency lender, just added “payments” to its list of products and services. BlockFi announced on December 1st that in collaboration with payment service Visa Inc (NYSE: V), it will be launching a Bitcoin rewards credit card early next year, the first of its kind. Unlike traditional credit cards that offer air travel miles, cash backs, discounts or gift cards, Bloomberg reports that users of…
Dusk Network Takes ‘Around 10%’ Stake in Dutch Stock Exchange
Security token platform Dusk Network has become a shareholder of a Dutch stock exchange for small- and medium-size enterprises (SMEs). Announced Tuesday, Dusk Network’s share acquisition in Nederlandsche Participatie Exchange (NPEX) follows a partnership period where both companies developed pilot projects to further financial product innovation. A representative of Dusk told CoinDesk the stake was “around 10%.” As reported previously, Dusk has plans to tokenize shares for thousands of SMEs in the Netherlands and the Benelux region. NPEX said in the announcement that it brought Dusk into the fold to…