Day: April 25, 2023

Bitcoin price flatlines near $27K — What can trigger the next move?

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Bitcoin (BTC) is keeping everyone on their toes when it comes to price trajectory — where will it go next? BTC price down 10% after bad week  After a week in which BTC/USD fell by 10%, sentiment is getting a reset and traders are eyeing key support levels closer to $25,000. At the same time, consensus is far from unanimous over market health — some believe that the next phase of upside is around the corner. As macro markets gear up for a new period of crucial data and moves…

Visa shares plans for ‘ambitious’ crypto product

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Global payment giant Visa continues to explore the benefits of the cryptocurrency industry with a new initiative focused on stablecoin payments. Cuy Sheffield, head of crypto at Visa, took to Twitter on April 24 to announce a new cryptocurrency-related project developed by the firm. Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin payments, Sheffield noted. We have an ambitious crypto product roadmap @Visa and just opened a few reqs for senior software engineers to help us drive mainstream adoption of public blockchain…

Visa Announces Ambitious Crypto Product Roadmap Tapping on Ethereum Network

Visa is likely to tap the Polygon network to scale its Ethereum smart contract capabilities in Web 3.0 development. Visa Inc (NYSE: V) is planning to delve deeper into the Web 3.0 industry through an ambitious crypto product. According to the company’s head of crypto Cuy Sheffield, Visa is hiring seasoned senior software engineers to help build scalable Web 3.0 products. Sheffield noted that the new hirings will help drive mainstream adoption of public blockchain networks and stablecoin payments. “Particularly interested in experience using Github Copilot and other AI-assisted engineering…

US Appeals Court Rules in Favor of Apple against Fortnite Maker Epic Games over App Store Policies

The ruling, though it was a huge win for Apple, had minimal effects on AAPL shares. After more than two years of litigation, the United States Ninth Circuit Court of Appeals affirmed a lower-court judge’s 2021 decision that largely rejected claims by Epic Games – the maker of Fortnite – that Apple Inc (NASDAQ: AAPL) violated federal law through its online marketplace policies. Notably, the Court of Appeal’s panel upheld the lower-court judge’s ruling in Epic’s favor on California state law claims. Closer Look at Apple Inc’s Victory against Epic…

Romania Makes Web 3.0 Move, Launches NFT Trading Platform

There is now a high expectation that Romania will see a big boost, especially in the area of the adoption of Web 3.0 and blockchain technology. Romania, keen on driving Web 3.0 adoption in the country, is set to launch a national non-fungible token (NFT) trading platform through the National Institute for Research and Development in Informatics (ICI Bucharest). According to reports, the NFT marketplace, dubbed ICI D|Services, will go live on April 26. That is, public and institutional users may begin to mint, manage and trade their unique NFTs…

Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar – Africa Bitcoin News

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The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is expected to help diminish local residents’ demand for the U.S. dollar. Taming High Demand for the US Dollar The Zimbabwean central bank has said it will introduce a gold-backed digital currency that will be used both as an alternative medium of exchange and a store of value. According to a report in the Sunday Mail, this gold-backed version…

Binance enables greater flexibility for WBETH DeFi users

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Wrapped beacon ethereum (WBETH) is now available on the ETH Staking service at Binance, the largest cryptocurrency exchange in the world.  To ensure that users are eligible to collect the matching ETH staking incentives accumulated, DeFi has created a new liquid staking token that may be used in projects outside of Binance. Binance will begin using the new name for ETH Staking, formerly known as ETH 2.0 staking. Token holders may convert their BETH to WBETH…