Bitcoin price extended its decline below $31,500 before recovering higher against the US Dollar. BTC is likely to face resistance near $32,200 and it might continue to move down. Bitcoin remains in a bearish zone and it recently traded towards the $31,000 level. The price is now trading well below $33,000 and the 100 hourly…
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Financial services company Square will double down on its Bitcoin bet. Via his Twitter account, the CEO of this company Jack Dorsey announced the creation of a new division that will focus on “building an open developer platform”. This new company will integrate Seller, Cash App, and Tidal and will have the objective of facilitating…
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Bitcoin is slowing but surely making its way into the heart of society as we know it. Earlier this week, a major entertainment center in the city of Las Vegas, which is known for its gambling and bustling nightlife, said it would start accepting Bitcoin payments for VIP bottle service online. The payments would be…
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AXIA Coin (AXC) has become a runaway success on the popular cryptocurrency exchange KuCoin after its official launch this morning. The asset-supported digital currency relies on innovative blockchain and smart contract technology standards to upend traditional financial structures, lower participant costs, and advance a more equitable and inclusionary economic model on a global scale. The…
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Ethereum netflows seem to be negative across all exchanges right now, as exchange reserves continue their downward trend. Ethereum Reserves On A Downtrend As pointed out by a CryptoQuant post, ETH reserves continue with a downward trajectory. The all exchange netflows are also very red. The Ethereum all exchanges reserve is an indicator that shows…
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Cardano closes in on one of its most important milestones since its inception, the implementation of its smart contract platform, Plutus. Input-Output Global (IOG) announced via its Twitter handle the successful roll-out of the Hard Fork for the Alonzo Testnet. This update will integrate Plutus into the mainnet, as NewsBTC previously reported. At the moment,…
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Cardano has announced that Rwanda’s Save the Children foundation had become the latest charity organization to embrace cryptocurrencies. The partnership came to fruition when Cardano had successfully installed a payment gateway that allowed the NGO to receive donations using Cardano’s native currency ADA. The statement released on the Save the Children website explained that thousands…
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DinoSwap is launching this week, on July 17. It is similar to PancakeSwap but on Polygon, the up-and-coming blockchain protocol with significant user demand. On DinoSwap, users will be able to stake the DINO token to earn the tokens of other projects on Polygon. It is similar to PancakeSwap, but users stake DINO instead to…
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Smart Doge is a new Doge token, but what separates Smart Doge from other Doge tokens is Smart Doge is the first and only Doge token with a virtual prepaid Visa card. Smart Doge users can get issued a Visa card within 15 minutes and do not need to complete a KYC process to do…
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Ilya Churakov is the CEO of the global blockchain platform DAO Consensus, which aims to give businessmen around the world the opportunity for development and unlimited interaction. We asked Ilya a few questions on what he thinks about the state of the blockchain industry today, and how decentralized autonomous organizations can help in building and…
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