Wallet Pay Launches on Telegram, Enabling Crypto Payments for Merchants and Consumers
Telegram's integrated crypto and payment solution, Wallet, is launching Wallet Pay, which allows for Bitcoin, Tether, and Toncoin payments within the messaging app. Users can make instant and secure payments for goods and services with just a few taps.
Ethereum Tops Inaugural Institutional-Grade Crypto ESG Ranking, Bitcoin Lags Due to Energy Usage
Ethereum, Solana, and Cardano topped the first institutional-grade crypto ESG ranking, while Bitcoin lagged due to its heavy energy usage, according to a report by CCData and the Crypto Carbon Ratings Institute. The report evaluated 40 of the largest digital assets based on parameters such as decentralization, security, and climate impact.
Bitcoin Holds Steady Above $30,000 as Analysts Remain Optimistic Amidst Decrease in US Inflation Indicator
Bitcoin's value remains above $30,000 despite a slight drop in the US inflation gauge, the Consumer Price Index (CPI), which hit its lowest yearly level in June. The CPI increased by 3% from the previous year, down from 4% a month earlier, with goods and services rising by 0.2% month-over-month.
Mike Novogratz Predicts Significant Bitcoin Gains by End of 2023 Amidst Consolidation Phase and Potential ETF Adoption
Mike Novogratz, a billionaire in the cryptocurrency industry, predicts that Bitcoin will experience significant growth by the end of 2023. Novogratz believes that Bitcoin's current consolidation phase, which is between $28,000 and $32,000, will lead to a substantial increase in value.
Dogecoin's Breakout from Compact Price Range Imminent Amidst Selling Pressure and Lack of Demand in Futures Market
The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. DOGE has been trading within a compact price range for the past three weeks, but a range breakout seems likely with Bitcoin experiencing a price correction.
Jack Dorsey's Block to Launch Complete Set of Bitcoin Mining Hardware and Software in 2024
Jack Dorsey, co-founder and former CEO of Twitter, has shifted his focus to the crypto world, specifically Bitcoin. He is also the CEO of Block (formerly Square), which recently integrated a crypto wallet within its Cash App and is now developing a new special hardware for mining Bitcoin.
Bitcoin Correlation with NASDAQ at Two-Year Low, Indicating Weak Negative Relationship
New data from Kaiko shows that the correlation between Bitcoin and the Nasdaq Composite Index has dropped to less than 1%, which is at a two-year low. This suggests a weak negative relationship between Bitcoin and the NASDAQ, indicating that Bitcoin prices moved in the opposite direction or are unrelated to the NASDAQ Composite Index action.
Zapple Pay Emerges as Alternative to Bitcoin-Friendly App Damus After Apple Threatens Delisting
In June, Apple threatened to remove Damus, a Bitcoin-friendly social media app, from its App Store due to its feature that allows users to tip each other with bitcoin. Despite efforts to address the issue, Apple rejected Damus' submission, leading to concerns about restricting Bitcoin adoption.
Rich Dad' R. Kiyosaki Predicts Bitcoin to Hit $120k Next Year as 'USD Will Die
Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has advised his followers to invest in assets like Bitcoin as warnings continue that the US dollar will lose its position as the global reserve currency.
Central Banks Loading Up on Gold to Battle Inflation Despite Underperforming Bitcoin
Recent research shows that central banks worldwide are buying gold to stay ahead of inflation, with 85 sovereign wealth funds and 57 central banks collectively managing $21 trillion. While gold has long been considered a store of value and inflation hedge, Bitcoin has outperformed it this year. In 2022, central banks made record gold purchases with net acquisitions of 1,136 tonnes, with China and Turkey being the most aggressive buyers.
Bitcoin Shows Signs of Decentralization Despite Liquidity Issues on Binance.US
Bitcoin's network is becoming more decentralized as the number of wallets holding at least one bitcoin reaches an all-time high. However, the network is facing increased load due to the popularity of ordinals. Binance.US is experiencing a lack of dollar liquidity, resulting in a discount in the trading of Bitcoin and Tether.
Bitcoin Rises Above $30,000 as Standard Chartered Predicts $120,000 by 2024
Bitcoin held above US$30,000 in Tuesday morning trading, with Standard Chartered predicting the token will reach US$120,000 by the end of 2024. Other top 10 non-stablecoin cryptocurrencies also moved higher, with Matic token leading the rally.
Binance.US Offers Discounted Bitcoin Prices, But Catch Limits Investor Opportunities
Bitcoin is currently trading at a discount of around 8.5% on Binance.US compared to global spot prices. Other cryptocurrencies like Ethereum and stablecoins like USDT are also trading at a discount on the exchange. However, the discount only applies when trading against fiat USD, and Binance.US users have not been able to deposit new USD since June 9.
Vitalik Buterin: Bitcoin Needs More Scaling Solutions
During a Twitter Spaces conversation, Ethereum inventor Vitalik Buterin discussed the need for scaling solutions for Bitcoin beyond just payments. He suggested that Bitcoin could learn from Ethereum's experiments with scaling solutions such as Plasma or ZK Rollups.
Crypto Capitalist Arthur Hayes Predicts Mega Mania Phase for Bitcoin (BTC) Driven by Two Key Catalysts
Arthur Hayes, the founder of BitMEX, believes that the adoption of Bitcoin by artificial intelligence (AI) could lead to two mania phases. Hayes predicts that AI will become the primary beneficiary of a new age of quantitative easing, as governments print more money to pay off sovereign debt.
BTC: Young Construction Worker Explains How Bitcoin Changed His Life
Geraldo Moran, a young construction worker, changed his life through Bitcoin. When Bitcoin was declared legal tender in El Salvador, he decided to quit his job and devote himself to the Bitcoin world. He believes that education is the key to overcoming the fear of cryptocurrencies and has participated in the Bitcoin encryption project launched by the school. Now, he's a notable educator teaching students across the West. Geraldo also had the opportunity to see the team behind "My First Bitcoin", and the Central High School professors explained the layout of Bitcoin. For Geraldo, Bitcoin represents the freedom of individuals and people, and he has demonstrated to him its true value.
El Salvadoran Teen Completes Bitcoin Diploma Program, Returns to High School as Educator
Gerardo Moran, an 18-year-old from El Salvador, completed the Bitcoin diploma program, Mi Primer Bitcoin, and is now teaching it to teachers at his former high school. The program, backed by the El Salvador Ministry of Education, allowed Moran to leave behind a life in construction where he earned only $6 a day. He is now leading Bitcoin education in his hometown and training a group of eight senior professors. The government of El Salvador has focused on ensuring Bitcoin education across the country, particularly targeting teenagers.
Elon Musk: "AI can not crack bitcoin"
According toTucker Carlson Interview, Elon Musk said "AI can not crack bitcoin".
BlackRock's Interest in Bitcoin ETF Boosts Confidence in Cryptocurrency's Future
Bitcoin faced selling pressure near the $30,202 threshold, possibly due to the release of the FOMC minutes. However, positive remarks from BlackRock's CEO, Larry Fink, about Bitcoin's potential have helped mitigate further declines and raised questions about its potential for a rebound. BlackRock's interest in a Bitcoin ETF has further bolstered confidence in Bitcoin's future, potentially increasing liquidity and stability in the market. Bitcoin trading volume on multiple exchanges surpassed $4.2 trillion in the first half of 2023, indicating increased interest from institutional and retail investors and potentially signaling a revitalized market. Bitcoin is currently holding steady around the $30,000 level, with resistance at approximately $31,400 and support around $29,600. A decisive close above the $29,600 level could trigger a bullish movement, while a clear break below it could lead to support around $28,450 and potentially even lower towards $27,450. It is recommended to monitor the $29,600 level as a key pivot point for today's trading activities.
Bitcoin Rally Falters as More Turmoil, Rates Present Headwinds
Bitcoin is ending the week on a down note after the optimism that pushed the price of the largest digital asset to a one-year high fades amid a flurry of fresh industry turmoil and crosscurrents in global financial markets.
