Day: October 11, 2022

Here’s Why This Expert Thinks Bitcoin Prices Might Fall

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The data on Bitcoin price movement shows that it has been struggling. Bitcoin has infrequently gone down to the $18K price in the past three weeks. It mostly maintained the $19K price level in the past week. It reclaimed the $20K mark on Tuesday last week but returned to its key level. As of Friday, it was trading at a price just above $19K. Although the price of Bitcoin has been low, its price movements have been quite steady. The same cannot be said about the majority of other digital…

The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum – Bitcoin News

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America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department of Financial Services (DFS), and the bank said it was the first of eight financial heavyweights to start crypto asset custody services. BNY Mellon to Start Custody Services for Bitcoin and Ethereum on Behalf of Its Customers Last fall, New York’s financial regulator DFS gave…

Comprei R$10 em BITCOIN Pelo PICPAY! Será que VALE A PENA Mesmo? (MINHA OPINIÃO) | FINANPRÁTICA

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io O PicPay passou a permitir a compra de criptomoedas em seu aplicativo. As negociações das criptomoedas podem ser feitas a partir de R$ 1, com pagamento pelo ativo feito com o saldo da conta digital. Os ativos liberados para compra no momento são Bitcoin (BTC), Ethereum (ETH) e Pax Dollar (USDP), uma stablecoin lastreada ao dólar criada pela Paxos. Artigos IMPORTANTES sobre Bitcoin: Vídeos sugeridos: 1 – As 4 FORMAS (CORRETAS) de COMPRAR e GUARDAR Seus BITCOINS e CRIPTOMOEDAS 2 – Os…

Mass adoption will be terrible for crypto

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From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape. For years, mass adoption has been pitched as the endgame of crypto. We’re supposed to envision a world where we can pay for our morning coffee with stablecoins and put mortgages on-chain to be used as collateral in decentralized finance (DeFi). In a world in which crypto has become mainstream, prices would likely reach all-time highs, but at what cost? Concessions inevitably…

Coinbase-Backed DeSo Disrupts Telegram, WhatsApp, and Signal – Blockchain News, Opinion, TV and Jobs

DeSo,  a new layer-1 blockchain built from the ground up to decentralize social media, just launched decentralized on-chain end-to-end encrypted group chats, a first-of-its-kind innovation. On-chain messages are resistant to censorship and can be used pseudonymously without supplying personal information, just like Bitcoin or Ethereum. DeSo is the only blockchain that supports seamless end-to-end encrypted on-chain messaging today, and the extension to group chats is a first-of-its-kind breakthrough. The platform recently raised $200 million from Coinbase, Sequoia, and Andreessen Horowitz. $DESO, the native currency of the DeSo blockchain and is…

ApeCoin Crashes 7% Following SEC Probe Against Yuga Labs

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ApeCoin (APE) is trending to the downside as the U.S. Securities and Exchange Commission (SEC) announces an investigation against its parent company, Yuga Labs. The creators of popular non-fungible token (NFT) collections, including Bored Ape Yacht Club (BAYC), the regulator will look into a potential violation of their securities laws.  According to a report from Bloomberg, the Commission will investigate the “affinity” of the digital assets minted and promoted by Yuga Labs and the possibility that these NFTs are “more akin to stocks”. This would place the crypto company in…

BNY Mellon, America's oldest bank, launches crypto services

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The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets. BNY Mellon launched a digital custody platform to safeguard select clients’ Ether (ETH) and Bitcoin (BTC) holdings on Oct. 11, making America’s oldest bank the first large bank in the country to offer the custody of digital assets and traditional investments on the same platform.  According to a statement, the bank will store private keys to access the funds and provide the same bookkeeping services offered to fund managers in…

SupraOracles Goes Live on Ethereum, Polygon, Aptos and Four Other L1 Blockchain Testnets – Blockchain News, Opinion, TV and Jobs

Continuing to unveil their growing technology stack, today SupraOracles announces the official launch of its Alpha Testnet. SupraOracles provides a next-generation cross-chain  solution so smart contracts and blockchain apps work better and is elevating a new standard for the Oracle industry, deploying fully auditable and accurate streaming data feeds with 2-5 second finality. In preparation of this Alpha Testnet, SupraOracles has graciously received gas subsidies and support from seven leading chains. SupraOracles Alpha Testnet is now publishing Oracle data to seven different major blockchains’ testing environments, including various Layer 1s…