Month: June 2022

Bitcoin cae debajo de $20K en medio de preocupaciones por la inflación en España y signos de debilidad

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La inflación subió a 10% en España, un máximo de casi 37 años en ese país europeo, debilitando la confianza de los inversores en Europa. El índice Stoxx Europe 600 cayó un 0,84%, mientras que el DAX de Alemania cayó un 1,84%. Las acciones en Asia también disminuyeron, ya que el Nikkei de Japón cayó 0,92% y el Índice Compuesto de Shanghái perdió 1,40% a pesar de que algunas ciudades chinas redujeron las medidas de cuarentena el martes. Original

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming – Bitcoin News

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In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old billionaire says sometimes you have to do “what it takes to sort of stabilize things and protect customers.” Bankman-Fried’s FTX and Alameda Research Provide Credit Lines to Specific Crypto Firms The crypto economy has been hit hard by the current bear market and Terra LUNA and UST fallout that took…

Lending network enables transparent credit history in Africa via blockchain partnership

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African mobile banking platform Aella has partnered with Creditcoin Network to make credit histories transparent cby integrating all its transactions into Creditcoin’s public blockchain. In an announcement sent to Cointelegraph, Creditcoin said that all Aella’s credit transactions will be recorded on the Creditcoin blockchain, making it easy to audit and available for viewing through their block explorer. The recorded transactions will include the terms of the loans as well as payments and repayments. Creditcoin said that the partnership comes with the release of Creditcoin 2.0, an upgrade that makes the…

MicroStrategy scoops up 480 Bitcoin amid market slump

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Business intelligence firm MicroStrategy has added to its Bitcoin (BTC) holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles.  In a Form 8-K filing with the United States Securities and Exchange Commission (SEC), Microstrategy disclosed that it had acquired an additional 480 BTC at an average price of roughly $20,817. The total purchase amount was $10 million in cash. With the purchase, MicroStrategy now holds 129,699 BTC, making it the largest corporate holder of Bitcoin. The total value of its holdings is roughly $3.98…

Chainlink’s Smart Contract Products Go Live on Fantom

Keepers is a decentralized transaction automation service and allows developers to automate any smart contract function using custom triggers. Developers can set predefined conditions that Keepers continuously checks, and when those conditions are met, it will trigger the smart contract’s function. Source ChainlinksContractFantomLiveProductsSmart CryptoX Portal

21Shares responds to bear market with crypto winter ETP

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21Shares, a global issuer of crypto exchange-traded products (ETP), is taking action to respond to the current bear market by launching crypto winter-focused investment tools. The company has rolled out the 21Shares Bitcoin Core ETP (CBTC), an ETP specifically designed to offer low-cost exposure to Bitcoin (BTC) am to the ongoing market sell-off. The physically-backed Bitcoin ETP started trading on the SIX Swiss Exchange on June 29, with a total expense ratio of 21 basis points, selected to reflect the 21 million cap on Bitcoin. According to the firm, CBTC’s…