Day: July 4, 2022

Who owns the most Bitcoin in 2022?

boss

One of the main features of the Bitcoin blockchain is its transparency. Bitcoin lets anyone see every transaction that has ever been made on its network and check the balance of every address out there. Because of this transparency, we’re able to know who owns the most Bitcoin (BTC) in 2022. It’s important to look at who owns the most BTC, as the cryptocurrency’s supply is limited to 21 million coins. In February, Kim Grauer, director of research at blockchain forensics firm Chainalysis, told Cointelegraph that an estimated 3.7 million…

Bitcoin Stagnates As Whales Continue To Dump

boss

Since hitting an all-time high of $69,000 in November 2021, the price of Bitcoin has been declining. The current decline resulted in a low of $17,622 in June. A long lower wick was produced by the subsequent bounce. The bounce confirmed the $19,200 horizontal area’s worth of support. The region had previously served as resistance during the all-time high of 2017 and then again in January 2021. It is now anticipated to offer support. Bitcoin Stuck Below $20k Since crashing through that crucial threshold last Tuesday, the largest cryptocurrency has…

Bitcoin LIVE : BTC CRASHING! ETH, CRYPTO CRASH!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Support the stream: Bitcoin (BTC), Gold, Oil, Stocks. Cryptocurrency and Stock Market Technical Analysis and News. #bitcoin #btc #crypto Send a Tip to the Streamer (NOTE: MAKE SURE TO ENTER YOUR USERNAME or you will show up as an “Anonymous” donor.) Support the stream with fiat: Support the stream with cryptocurrency: Merchandise: ANY REQUEST: $20 Minimum Join Our Official Discord at: ​ CHECK THE LIVECHAT FOR A LINK My Amazon Wish List: Patreon Twitch Twitter Instagram Facebook Stream Elements Emoji Balls ▶…

Colombia to Use Ripple Ledger to Issue Land Registry Certificates – Blockchain Bitcoin News

boss

The government of Colombia announced a new system that will allow it to use the Ripple Ledger to store and authenticate property titles. The system, which was developed by a third-party company called Peersyst Technology, aims to allow the National Land Agency to issue a record number of land adjudications for citizens. Colombia to Register Land Titles on the Ripple Ledger While the main uses of blockchain technology are currently linked to assets with transactional value, like cryptocurrencies, there are companies and governments leveraging it for other uses.…

Blockchain-as-a-Service Software Solving Extreme Poverty | BanQu

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BanQu is the first ever non-crypto blockchain-based Supply Chain and Economic Passport platform, enabling transparency, traceability and sustainability for smallholder farmers (especially women), workers, miners, waste pickers, refugees and those living in extreme poverty. BanQu has also become the leading global platform for ensuring COVID-19 supplies are reaching the most vulnerable nations and communities in the MENA region. BanQu operates in 41 countries, with over half a million last-mile-first-mile beneficiaries on the platform. Organizations are using its services everyday to achieve their…

Meta signals closure of Novi wallet after a 10-month pilot

boss

Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project. Novi’s website landing page has been revamped to inform pilot users that the platform will be decommissioned on September 1. This ends an eight-month-long pilot project that saw users based in the United States and Guatemala trial the cryptocurrency-powered payment platform. Users are directed to withdraw the remaining funds from their respective Novi wallets to their linked bank accounts. Guatemalan users can also withdraw holdings in cash…

CoinShares acquires French crypto asset manager Napoleon AM

boss

Major European digital asset manager CoinShares is finalizing the acquisition of the French fintech firm Napoleon Group despite the ongoing market decline. CoinShares announced on July 4 that the firm has acquired Napoleon Asset Management, a digital asset management subsidiary of Napoleon Group. CoinShares previously entered into a sale and purchase agreement (SPA) to acquire the entire issued share capital in Napoleon Crypto SAS for 13.9 million euros ($14.5 million) in November 2021. The latest acquisition came shortly after the French financial regulator, Autorité des Marchés Financiers (AMF), authorized the acquisition…

Coinbase Says Miners’ Sales of Newly Minted Bitcoins Don’t Add Significant Market Pressure

In times of market upheaval and a falling bitcoin price, margins compress across the board, and force more miners to become net sellers, the note said. Given the price drop and the resulting loss of profitability, the financing environment for the mining industry has “shifted materially” since late last year, and raising capital in the public markets has become very difficult, Coinbase said. Source

WonderFi Closes Acquisition of Crypto Trading Platform Coinberry

In addition, WonderFi said it may purchase other crypto companies as the shakeout in the sector continues. CEO Ben Samaroo told CoinDesk he thinks other nonregulated crypto trading platforms might have similar issues as Voyager Digital, which had exposure to troubled hedge fund Three Arrows Capital and has had to limit withdrawals. As a result, WonderFi has begun looking at potential deals for nonregulated exchanges both in Canada and globally. Source