The CEO of Twitter and Square, Jack Dorsey, has revealed that Square was exploring building a bitcoin mining system that would make mining more accessible to people. Square would develop the system in addition to its hardware wallet, which is already under development.  A Necessary System  Dorsey…
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Bitcoin (BTC/USD) continued its upside progress early in the North American session as the pair remained within striking distance of establishing a fresh all-time high following a recent print around the 62910 level.  Technical support recently emerged around the 56866.04 area, representing the 23.6% retracement of the…
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With the excitement around the impending launch of Bitcoin ETFs, MicroStrategy Inc. has seen the value of its Bitcoin investment double to $6.7 billion, becoming one of the biggest beneficiaries of the news of the launch.  Doubling Its Bitcoin Investment  MicroStrategy had officially acquired 114,042 Bitcoin at…
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Since announcing plans to adopt Bitcoin as legal tender through to the present time when the law is in full swing in the country, President of El Salvador Nayib Bukele has received a lot of support from cryptocurrency proponents, and just as many criticisms from skeptics. His…
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President Vladimir Putin spoke on the subject of cryptocurrencies at the Russian Energy Week event this week. The controversial president responded to questions by CNBC including whether crypto could be used as an alternative to the dollar. Putin’s comments to reporters questions signals a new tolerance of…
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The second-largest mortgage lender in the United State, United Wholesale Mortgage (UWM), will discontinue accepting payments in cryptocurrency. The post Crypto Payment Options Dropped by America’s Second-Largest Mortgage Lender appeared first on BeInCrypto.
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The Digital Pound Foundation announced its launch today, aiming to support "the implementation of a well-designed" CBDC. The post Digital Pound Foundation launches, aiming to promote a UK CBDC appeared first on The Block.
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US crypto exchange Coinbase announced its plans on Tuesday to launch a marketplace that would let users mint, collect, and trade non-fungible tokens (NFTs).  Coinbase NFT In The Works As per the announcement, the Coinbase NFT marketplace is aligned to be creative. Initially, the marketplace will support…
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Horizon Finance has announced the details of the launch of its decentralized interest rate markets protocol in an email communication with CryptoDaily. The launch comes after a $1.3 million investment round participated by Framework Ventures, Alameda Research, NGC, Ruby Capital, and other VC funds. The new protocol…
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With China now off the leader board in domination of the Bitcoin hash rate, other countries have taken up the slack to once again give Bitcoin a healthy hash rate. The countries that have benefitted from China’s absence, in ranking order of total hash rate, are the…
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