The KuCoin Community Chain (KCC) has unveiled a $50 million accelerator program aimed at empowering projects in its ecosystem. Source
Day: February 25, 2022
Bitcoin Eyes US Data Deluge, Charts Signal Seller Fatigue
That said, a strong follow-through remains elusive. “On bitcoin, yesterday saw a combined Key Reversal Up & Bullish Engulfing Pattern. However, there has been no follow-through higher today,” Eddie Tofpik, head of technical analysis and senior markets analyst at London-based ADM Investor Services International, wrote in a LinkedIn chat. Original
Bitcoin investors ‘buy the dip’ as BTC nears $40K, gaining 16% in less than 24 hours
Buyers returned to the Bitcoin (BTC) market, locating interim upside opportunities as the price rebounded to nearly $40,000 on Feb. 25, gaining 16% in less than 24 hours. Investors bulk up Bitcoin holdings The number of Bitcoin addresses with a balance greater than 0.01 BTC (~$400) reached a record high of 9.51 million, the latest data from CoinMetrics shows. Meanwhile, the number of addresses that hold at least 0.1 BTC (~$3,850) also reached 3.34 million for the first time in history. Bitcoin addresses with balance greater than 0.1 BTC. Source:…
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The scoreboard for soccer club crypto deals
The world’s most popular sport suffered an own-goal as European clubs canceled their partnerships with Bitci, a Turkish crypto exchange. However, plenty of substitute crypto companies are on the bench, ready to bring crypto to the mainstream through soccer. Growing yet unclear cryptocurrency regulations in Turkey have reportedly hampered the company’s ability to make payments, leading to a lack of confidence among major soccer clubs. Portugal’s Sporting CP — the green-and-white-striped footballers famed for being the club where Cristiano Ronaldo cut his teeth — and Italian Serie A club Spezia have also canceled…
Bitcoin Rebounds, Cryptocurrency Hits $39,000
Amid ongoing issues between Russia and Ukraine, Bitcoin took a major hit in the past few days. The digital asset crashed from $40,000 to as low as $34,000 in the last 7 days. However, BTC investors shrugged off global economic uncertainties on 25 February after Bitcoin saw a jump of approximately 10%. Q4 2021 volumes have gone up or down and how much? With the recent spike, Bitcoin touched $39,000 on Friday for the first time since 21 February. The most valuable cryptocurrency added more than $50 billion to its…
Reported First Real Estate Purchase Made With Bitcoin in Chile – Emerging Markets Bitcoin News
Yuval Ben Haym, regional manager of Remax, a real estate firm that operates worldwide, has announced that the “first” real estate purchase with cryptocurrencies has already occurred in Chile. The purchase, that was made using bitcoin, happened last year. Such purchases have also already happened in other countries like Colombia, Mexico, and Venezuela. Remax Announces ‘First’ Real Estate Transaction With Cryptocurrency in Chile The reported first real estate purchase made with cryptocurrency has happened in Chile. The announcement was made last week by Yuval Ben Haym, who is…
The Inaugural aelf Node Election Crowned With A Grand Success
In the past 2021, we were impressed by many memorable spots, the boiling of meme coins, the emergence of NFT, and the popularization of Metaverse. Behind the flourish of everything, one thing is limited addressed – public blockchains have mostly evolved to their ecological expanding stage. In fact, we’ve seen DOT initiate the parallel auction, SOL’s technical innovation, LUNA’s independence, and many more. Among the public chain projects, one historically temperate-developing project drew unprecedented attention from the public – aelf. With the start of its mainnet token swap in September,…
Rakuten launches NFT marketplace to capitalize on growing adoption in Japan
Major Japanese e-commerce firm Rakuten has announced the launch of its own nonfungible token (NFT) trading platform dubbed Rakuten NFT. The firm initially revealed its plans to launch a proprietary NFT marketplace in 2021 amid the growing popularity of non-fungible tokens worldwide. According to Rakuten, the NFT marketplace also hosts a platform that allows IP owners to create their own websites for issuing and selling NFTs. Cointelegraph contacted the Rakuten team for further information on the development, and this story will be updated as more details become available. With a…
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