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“# New proposal aims to raise Binance Coin value by burning BSC fees ” Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic value. According to a new Binance Evolution Protocol, BEP-95,…
“# Blockstream raises $16M for its Bitcoin mining STO in a matter of hours ” Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million). Blockstream officially announced Thursday that the company raised 13.9 million euros ($16.1 million)…
“# Web Summit returns in-person event to delve into crypto, DeFi and NFTs ” Major global technology conference Web Summit is returning to Portugal with an in-person event to delve into the world of fintech and cryptocurrency. On Nov. 1, Web Summit 2021 will kick off in Lisbon, Web Summit’s first physical conference since the…
“# Crypto-to-fiat liquidity startup Xanpool raises $27M ” Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding. The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, the venture capital firm co-founded by PayPal co-creator Peter Thiel. Other participating investors included…
“# Bitcoin extends correction as Ethereum sees ‘picture perfect’ rejection at all-time highs ” Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin Ether (ETH) failed to cement new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView ETH all-time high? Blink and you’ll miss it Data from Cointelegraph Markets Pro…
“# Too popular: Bitcoin futures ETF in danger of hitting upper limit for contracts ” The ProShares Bitcoin Strategy ETF is on track to reach a limit on the number of futures contracts it’s allowed after quickly becoming a little too popular. After just a couple of days of trading, the ProShares ETF has reached…
“# 200 Bitcoin ATMs installed at Walmart… with plans for 8000 in total ” Walmart has partnered with coin-cashing machine company Coinstar and crypto-cash exchange CoinMe to install 200 Bitcoin ATMs in its stores across the U.S. Although the pilot includes only 200 kiosks, the broader launch plans to eventually see the installation of 8,000…
“# Early meeting of E-Gold founders may hold clue to Satoshi Nakamoto’s identity — Peter Thiel ” PayPal co-founder and billionaire venture capitalist Peter Thiel believes he may hold a clue on how to find Satoshi Nakamoto, Bitcoin’s (BTC) pseudonymous creator who disappeared two years after mining the cryptocurrency’s genesis block in January 2009. His…
“# Traders brace for a drop to $58K if Bitcoin price loses the $62K support ” Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the $62,000 level. An early morning 87% flash crash in the price of BTC at Binance US saw the price…
“# Bitcoin bulls set to net an $830M profit after Friday’s BTC options expiry ” Two or three weeks ago, when Bitcoin (BTC) was trading below $52,000, a trader betting on $65,000 by Oct. 22 would have been considered extremely optimistic. The fact that 98% of the put (sell) options for Bitcoin’s weekly options expiry…