The app allows over 4 million Shopify businesses to implement blockchain-based loyalty and rewards programs from their storefront. Source
Day: July 14, 2023
SEC gives official acknowledgment to Bitwise’s resubmitted spot bitcoin ETF application
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Securities and Exchange Commission has formally acknowledged the spot bitcoin ETF application from San Francisco’s Bitwise Asset Management, underscoring the escalating institutional engagement in cryptocurrency investments. The U.S. SEC has given official recognition to Bitwise Asset Management’s spot bitcoin ETF proposal. The tech-forward asset management firm from San Francisco initially lodged its bitcoin ETF application back in October 2021 but has since revised and resubmitted the proposal on June 28 of this year. According…
Mutiny’s New Browser-Based Bitcoin Wallet on Lightning Avoids Apple $AAPL App Store Restrictions
One example of that innovation is what Mutiny calls just-in-time channels, which is a feature that alleviates the burden of managing channel liquidity – the ability to send and receive funds on Lightning, Bitcoin’s second layer payment network for cheaper and faster transactions. Original
XRP Gets Binance.US Listing as Exchange Joins Rivals Including COIN, Kraken, Bitstamp
Binance.US opened trading for Ripple’s XRP token Friday morning, joining rival crypto exchanges that listed the token on their platforms after a U.S. federal court ruled yesterday that the secondary sales of XRP on exchanges cannot be considered a security. Source
BlackRock (BLK) CEO Larry Fink Talks Up Bitcoin (BTC) Demand From Gold Investors
Appearing on CNBC following his company’s second-quarter earnings report, the CEO of $8.5 trillion asset manager BlackRock (BLK) said “more and more” gold investors have been asking about the role of crypto over the last five years, highlighting the role exchange-traded funds (ETFs) have had in democratizing access to gold, as they could do in crypto. Original
Transparency for the Whales, Privacy for the Plebs
Identifying the owners of crypto wallets may level the playing field for retail traders. But if taken too far it could be weaponized against the weak. Source
Bitcoin spending copies history as metric flags ‘1st stage bull market’
Bitcoin (BTC) long-term holders are coming back to life as BTC price increases, the latest analysis confirms. In a tweet on July 13, Philip Swift, creator of on-chain data resource LookIntoBitcoin, revealed classic bull market behavior among “older” BTC investors. Value Days Destroyed Multiple prints BTC price bull signal Bitcoin’s current price cycle may be dividing opinions when it comes to how high BTC’s price could go, but one thing is for sure: Hodler behavior is the same. Thanks to BTC/USD more than doubling in 2023, on-chain spending velocity is…
Binance CEO reflects as exchange turns 6 — ‘It was never all smooth sailing’
Binance CEO Changpeng Zhao wrote a letter addressing the exchange’s users, reflecting on past crypto winters and laying out key trends shaping up within the industry as the company celebrates its sixth anniversary. Within the letter, Zhao highlighted some of the company’s challenges throughout its journey. The executive said that in January 2018, the firm saw new records for user registration. However, it was followed by a decline in the market. Despite this, the Binance executive noted that during this bear market, its team learned the importance of “prudent financial…
Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120 by Needham
The U.S. district court ruling that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales is positive for Coinbase (COIN) shares since it sets a precedent that token sales through exchanges, at least in the case of XRP, did not violate securities laws, broker Needham said in a research report Friday. Source
NFT Company Legitimate Taps Shoe Giant PUMA and Agency Roc Nation for Sneaker Collection
“The vision here was to pay homage to and innovate on the concept of a mixtape bringing talent and people together, but also exploring how mixtape and hip hop culture has evolved and grown over time, especially with the inclusion of tech,” said Chan. “PUMA, Roc Nation and Legitimate are working together to innovate on this concept of the mixtape itself by seamlessly connecting the dots between fashion, music and technology.” Source agencyCollectionCompanyGiantLegitimateNationNFTPumaRocShoeSneakerTaps CryptoX Portal