Day: February 10, 2021

Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars

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A global chip shortage is affecting various sectors of industry from gaming to automotive and cryptocurrency mining. Amid Bitcoin’s (BTC) ongoing bull run, the crypto mining industry became massively profitable. Many miners startedย aggressively stacking mining hardwareย โ€”by sometimes unconventional methodsโ€” which led to shortages in other sectors. The COVID-19 fueled surge in gaming consoles, computers and TVs has even had knock-on effects for car manufacturers, who are major consumers of silicon semiconductors. Chip shortages have even led General Motors to shut down three plants and slow production at others.ย  Amid this…

The Hero Report #25 – Are You a Blockchain Hero?

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Tonight’s Hero Report finds us recovering from an awesome phase one sale, entering the gifting portion of phase 2, releasing info on Friday’s card UPGRADE event and giving away some Blockchain Heroes packs on the Wheel of Heroes! โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Firms race to buy Bitcoin as mood shifts from โ€˜whyโ€™ to โ€˜why not?โ€™

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Grayscale CEO Michael Sonnnenshein says institutional demand for Bitcoin (BTC) has only increased, moving into 2021, following a record-breaking year that saw Grayscaleโ€™s assets under management soar to new heights. Sonnenshein told CNBCโ€™s Squawk Box on Feb. 10 that the record inflows witnessed last year have continued, and interpreted this as a sign that Bitcoinโ€™s current upsurge could continue. Contrary to narratives emanating from government entities, Sonnenshein says regulation is not a concern for would-be investors, many of whom, he claimed, are satisfied that enough regulatory clarity has been provided.…

Deutsche Telekom Stakes on Blockchain after Supporting Chainlink

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Deutsche Telekom has over the years focused on providing complex infrastructure providing the internet. For this reason, it is not far from its goal to provide infrastructure support to the recipients.ย  The largest communication company in Europe by revenue Deutsche Telekom AG (ETR: DTE) has silently begun staking on Dapper Labโ€™s Flow Network, said to be an ultra-scalable proof-of-Stake blockchain through its subsidiary T-Systems Multimedia Solutions. The company has decided to proceed with staking other chain companies in the future. Deutsche Telekom is famously known for being one of the…

Crypto.com Integrates Its Crypto Pay and DeFi Swap Products for Increased Value Addition

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Besides the existing benefits that Crypto.com Pay offers in terms of low gas fees, processing fees, and cashback to both users and merchants, the exposure to DeFi tokens broadens the partiesโ€™ coverage. Malta-based cryptocurrency exchange Crypto.com has announced the integration of its Crypto Pay and DeFi Swap features on its platform. Per the announcement, as contained in the press release shared with Coinspeaker, The integration will serve as a powerful upgrade to showcase the strength of the Crypto.com ecosystem, as it introduces more tokens to Crypto.com Pay while enhancing Swap-Fee…

Lending Firm BlockFi Launches Bitcoin Trust

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Crypto lending platform BlockFi has revealed the launch of its Bitcoin Trust. This was revealed in a press release on Tuesday and signaled the next phase for the lending platform.ย  Bitcoin Trust Added By BlockFiย  BlockFi had registered the bitcoin trust with the Securities and Exchange Commission (SEC) in January, according to a public filing. This was after it had fulfilled the requirements from the regulatory body.ย  According to the report, the Fidelity Digital Assets will hold the custody of the bitcoins represented with the Trust. Fidelity Digital Asset is…

WARNING!!โš ๏ธ BITCOIN BIG MOVE!! CRASH!?!! BUY THE DIP!!! ETHEREUM PRICE EXPLOSION!!!! MY NEXT TRADE!!

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐ŸšจWARNING BITCOIN HIGHLY VOLATILE WEEKEND PRICE MOVE!!!!โš ๏ธ ๐ŸšจALL BITCOIN HOLDERS MUST WATCH THIS VIDEO!!! ANOTHER BIG MOVE FOR BITCOIN PRICE IS COMING!!!! MY BITCOIN PRICE PREDICTION!! THE LAST CHANCE TO BUY CHEAP BITCOIN IS NOW!!!!! ETHEREUMS P[RICE IS EXPLODING SOON WHEN THIS NEWS HITS!!!!! TODAY WE LOOK AT XRP RIPPLE NEWS!!! IS IT TIME TO BUY ALTCOINS? I DO ALTCOIN TRADING EVERY DAY AND TRADING ALTCOINS THIS MONTH HAS YIELDED A 422% PROFIT OVER 30 DAYS. We also look at the crypto…

Monero Asks Elon Musk to Add XMR as Tesla Payment Option

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The proposal from the Monero community stated that the XMR payment option would be appealing to Tesla fans and investors as they would benefit from the coinโ€™s uniqueย privacy features The Monero community has announced that they want Tesla Inc (NASDAQ: TSLA) to add XMR as a payment option for its cars. The community posted the proposal on the Tesla website and wants Elon Musk, the CEO of the automobile company to make that feat possible. The Monero community posted the CCS proposal on February 9 and has since raised $155,000…

Is Ethereum Price Able to Reach $2,000 This Month?

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Considering the fact that the crypto industry has been on a general bullish run recently, it is possible to assume that the value of Ethereum would break the $2000 level even before the end of the week. The two leading cryptocurrencies, Bitcoin and Ethereum, have been on an incredible run since the beginning of the year with both assets reaching new all-time highs. Not only that, the assets have seen an increased interest by institutional investors who have kept pouring in millions of dollars into them, pushing the prices higher.…

Cardano’s ADA Hits 3-Year High as Bets on Ethereum Rivals Boom

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Cardanoโ€™s native asset ADA was among the best performers on Wednesday as bulls pushed its price up by more than 18 percent. The fourth-largest cryptocurrency hit $0.87, its highest levels in more than three years, as traders increased their bids for top Ethereum rival assets. They include Polkadotโ€™s DOT (+5%), Avalancheโ€™s AVAX (+60%), Chainlinkโ€™s LINK (+12%), and Near Protocolโ€™s NEAR (+9%). Cardano hits a 3-year high. Source: ADAUSD on TradingView.com Cardano hits a 3-year high. Source: ADAUSD on TradingView.com Traders flocked into smart-contract platforms amid a growing hype surrounding their…