Still, it would be naive to think Bitcoin is entirely invulnerable to outside threats. In fact, one in particular that gets too little attention now looms larger than ever: quantum technologies. And in this case, Bitcoin’s “hard to change” characteristic could prove to be a bug, not a feature. Original
Day: June 3, 2022
Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold – Bitcoin News
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds yet, which are to finance the construction of the Bitcoin City announced last year by President Nayib Bukele. Treasury Minister of El Salvador Says Conflict Is Affecting Bitcoin Price Action Military conflict and geopolitical unrest might be affecting the performance of the price…
Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%
Lewis kept his buy rating on all four mining stocks he covers – Riot Blockchain (RIOT), CleanSpark (CLSK), Core Scientific (CORZ) and Marathon Digital (MARA) – and remains optimistic about the longer-term outlook for the industry. “Not surprisingly, our BTC mining price targets are highly sensitive to our BTC price estimate; hence a near-term BTC price of ~$40K points to 30%-40% upside to our price targets, while a BTC price of $50K points to 90%-100% upside to our price targets,” he wrote. Source
Waqar Zaka Big Revelation | Why is crypto down? | Bitcoin falls
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Waqar Zaka Big Revelation | Why is crypto down? | Bitcoin falls #WaqarZaka #Crypto #Bitcoin #MeriJung #SalmanMirza Waqar Zaka | Latest Statement | Waqar Zaka Latest Statement | Bitcoin | Bitcoin Updates 2022 | Cryptocurrency | Crypto Currency Update | Waqar Zaka Analysis | crypto news | cryptocurrency news | Crypto currency | btc | Cryptocurrency future in pakistan | crypto currency update | bitcoin pakistan | digital money | crypto currency in pakistan | crypto ban in pakistan | crypto ban…
Chainlink Price Feeds Now Live on Solana
Solana-native projects such as Francium, Tulip and Apricot Finance have committed to integrate Chainlink’s Price Feeds. After the initial launch on Solana, Chainlink plans to offer more price feeds and additional services to developers. It will later launch the Cross-Chain Interoperability Protocol, for developers building on Solana to execute smart contracts across chains. Source
Chainlink launches price feeds on Solana to provide data to DeFi developers
Blockchain oracle platform Chainlink has announced the launch of its price feeds on the Solana blockchain. The integration allows decentralized finance (DeFi) developers to use the feeds within their decentralized applications (DApps). In an announcement sent to Cointelegraph, the blockchain oracle platform notes that upon launch, seven price feeds will be available to Solana developers, including BTC/USD, ETH/USD and USDC/USD. At the later stages of the integration, more Chainlink oracle services and price feeds will be made available. Anatoly Yakovenko, co-founder of Solana, believes the Chainlink integration will help developers building…
Over 200K BTC now stored in Bitcoin ETFs and other institutional products
Bitcoin (BTC) investment vehicles are seeing “gargantuan” inflows this month, which is a fresh sign that traders’ appetite for BTC exposure is mounting. Data from monitoring firm Arcane Research published this week shows that Bitcoin exchange-traded products (ETPs) now have record high BTC under management. “Happier days” for Bitcoin ETPs as buyers pile in Despite BTC price action failing to draw in buyers at over 50% below all-time highs, not everyone is feeling risk-off. According to Arcane’s data, Bitcoin ETPs have seen a flurry of interest from institutional investors both…
CoinDesk Confidential: Loretta Joseph
CoinDesk Confidential is a version of the Proust Questionnaire, an interview style popularized during that French novelist’s age. It asks a series of questions – some personal, some philosophical, some bizarre – to get to the bottom of someone’s true character. Today’s respondent, a fintech consultant at Financial Services Commission, Mauritius, Loretta Joseph is an advocate for financial inclusion. She comes from “the land down under,” and sees crypto as a tool for global good. She is a speaker at CoinDesk’s Consensus festival. If you want to take the survey,…
Bitcoin Slips as Report Shows Faster-Than-Expected US Jobs Growth
The term harkens back to the 2018 cold spell when bitcoin’s price fell 73% that year alone, accompanied by a crash in prices for tokens recently minted at the top of the market through “initial coin offerings” or ICOs. Cryptocurrency companies slashed jobs, bitcoin miners mothballed new projects, and breathless headlines vanished from the mainstream press. Original