Month: September 2021

Crypto traders breathed a sigh of relief on Sept. 30 after media headlines reflected positive news regarding adoption and future regulation in the crypto sector. Early in the day, Visa announced that it has developed a layer-2-based blockchain interoperability hub that will support cryptocurrency payments and Federal Reserve chair Jerome Powell stated that the regulator has
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Federal Reserve Chairman Jerome Powell believes the federal government needs to regulate the cryptocurrency market, but that a blanket ban on Bitcoin (BTC) and other digital assets is not in the cards. Speaking in response to a question from Republican Representative Ted Budd of North Carolina, Powell clarified that a China-style ban on digital assets
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The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In today’s Daily Dive we will dig into a new metric for timing bitcoin bottoms. This metric will
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Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC). According to an official announcement on Thursday, Visa’s research team is working on a “Universal Payment Channel” (UPC) initiative, a blockchain interoperability hub connecting multiple
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Sep 29, 2021 12:29&nbspUTC | Updated: Sep 29, 2021 at 12:29&nbspUTC By&nbspClark Singapore-based cryptocurrency derivatives exchange Bitget proclaimed a partnership with Juventus to become its sponsor. In step with the agreement, Bitget can act as Juventus official partner and official cryptocurrency exchange partner, and conjointly its first-ever sleeve partner. Established in 1897, Juventus is one
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Watch This Episode On YouTube Listen To This Episode: Author, Clubhouse host and Twitter influencer Jimmy Song joined hosts Steven McClurg and C.J. Wilson in episode nine of “Bitcoin Bottom Line” to discuss religion and the production of his book “Thank God For Bitcoin.” Song kicked off the episode discussing his book, sharing that he
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Sep 29, 2021 12:34&nbspUTC | Updated: Sep 29, 2021 at 12:34&nbspUTC By&nbspClark Verifone, a worldwide payment system supplier with 35 million devices in 150 countries, is rolling out crypto payment support within the U.S. in partnership with Bitpay. Verifone’s platform processes over $440 billion annually. The corporate says, “the appetite for crypto payments has exploded
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“Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph.  Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for the DeFi space. Polygon will play a major role in ensuring the long-term success of Ethereum through its scalability solution.
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Sep 29, 2021 12:39&nbspUTC | Updated: Sep 29, 2021 at 12:39&nbspUTC By&nbspClark The chairman of the U.S. Securities and Exchange Commission (SEC), city Gensler, says that cryptocurrency “is not going to finish well if it stays outside the regulative space.” The SEC has been criticized for taking an centric degree enforcement-centric approach to regulation of
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High transaction costs have been a thorn in the side of investors and developers for more than a decade and the issue became worse in 2021 after the emergence of decentralized finance (DeFi) and nonfungible tokens (NFT) led to record-high levels of activity across the cryptocurrency ecosystem.  Since the completion of Ethereum’s London hardfork, cross-chain
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Bitcoin is divisible down to the eighth decimal place. These subunits are called “satoshis” or just “sats.” One satoshi is 0.00000001 btc. Unfortunately this is impossible to read for small sat values. And as time goes on, we all expect bitcoin to keep appreciating to the point where smaller sat-denominated transactions will become the norm.
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Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC in yet another dip below $41,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher after a fresh $40,000 retest overnight. The pair had shown what
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The defining traits of most Bitcoiners can be measured along the following lines: trust, reputation and honor with integrity. I’ve personally examined and talked multiple times about trust and reputation within our social space, but have not arrived at a definitive agreement around the importance of honor. It is just as important as the other
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