Category: Cryptocurrency News

Mercado Bitcoin and Comerc plan to launch two separate tokens incentivizing renewable energy use.

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The plunge points at a growing lack of interest among traders and investors to become “full validators” on its upcoming proof-of-stake blockchain.

The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seized. US Treasury Sanctions Another Cryptocurrency Exchange The U.S. Department of the Treasury announced Monday that its Office of Foreign Assets Control (OFAC) has sanctioned […]

So everyone has been excited with Loopring, whether it's the tech behind the team or the potential partnership that may be coming into play! Recently it looks like Grayscale investments added LRC as a asset they are considering to add to their investments on June 17, 2021. We are hitting new ATHs as we speak…
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Ubitquity, an enterprise blockchain-secured platform for real estate and title recordkeeping, today announced that it has partnered with Palm Beach-based HeightZero Real Estate & Consulting, LLC. HeightZero Real Estate & Consulting is located in South Florida and specializes in AI & Blockchain solutions in real estate and development, including handling real estate transactions with cryptocurrency.…
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Apple is currently the second largest company by market cap behind Microsoft, with Cook personally worth more than $1 billion.

There is no telling what exactly would be the thing that pushes bitcoin into the $2 trillion territory. For now, the asset is still one of the most valuable assets in the world with a total market cap of $1.15 trillion. Nonetheless, investors continue to look what will be the next big thing for BTC, something that will catalyze the growth of bitcoin, causing it to rally towards $100K. One of these investors looking to the future is MicroStrategy’s CEO Michael Taylor. Saylor has always been a BTC maximalist and has seized every opportunity to evangelize the benefits of the assets. The CEO has taken both a professional and personal stance himself, holding BTC personally and through this company MicroStrategy. Continuing to be bullish on the digital asset, Saylor reveals what he believes will be the next big push for the asset. Related Reading | Bitcoin Breaks Above $68,000, Where Does It Go From Here? Spot Bitcoin ETFs Will Rock The Space After the approval of the first Bitcoin Futures ETFs in October, investors have shifted their focus to the next thing on the agenda. Spot Bitcoin ETFs are being filed with the Securities and Exchange Commission, although it might be a while until the regulator returns its decision on those. Nevertheless, investors continue to hope for an approval sooner rather than later. The eagerness behind the Spot Bitcoin ETFs have to do with the tremendous success of the ProShares Futures ETF when it had first hit the market. In the first 24 hours, the ETF had recorded over $1 billion in trades, which had subsequently caused push in the asset that led to a new all-time high of $67K. BTC enthusiasts believe that a Spot Bitcoin ETF would do even better in the market given its considerable advantages over a Futures ETFs. BTC falls continues bull trend | Source: BTCUSD on TradingView.com Saylor appears to share this sentiment with the rest of the market as he announced to the market where he sees the digital asset going if a Spot ETF gets approved. The CEO said at Bloomber’s Financial Innovation Summit that a Spot ETF approval would see more money flow into the market. Saylor sees the Spot ETFs triggering a cascading effect that would lead to trillions of dollars being invested in the asset. “Once these spot ETFs roll, I think you’ll see billions, then tens of billions, then hundreds of billions, then trillions of dollars flow into them.” Market May Not See A Spot ETF Anytime Soon One thing that works against Saylor’s prediction for bitcoin is the fact that the Spot ETFs may be far off into the future. Bloomberg Intelligence had earlier released a report analyzing the likelihood of the SEC approving a Spot ETF. James Seyffar, a market analyst at Bloomberg, said that it is unlikely that a Spot Bitcoin ETF would gain approval this year. Instead, Seyffart said, an Ethereal Futures ETF would be more likely at this point. Related Reading | Bitcoin Breaks Above $68,000, Where Does It Go From Here? The analyst did not completely rule out an ETF approval though. “Most market participants agree that a Spot Bitcoin ETF would be superior to existing futures ETFs, yet SEC approval of the former may be delayed until late 2022 or beyond,” Seyffart said. Trading discounts in shares of Grayscale’s Bitcoin Trust have also pointed towards a Spot ETF approval being unlikely this year. The fund has been trading at about a negative 17% discount, implying that investors do not believe the filing to have its flagship bitcoin fund turned into a Spot ETF approved. Hence, investors were not willing to purchase the shares at a higher premium. Featured image from AZCoin News, chart from TradingView.com

Be one of the 1,000 cryptocurrency users who can choose, buy and adopt from the first generation of 8888 Happy Hippos assembled at the infinity8.io  platform. The pre-sale date will run from November 8th, 48 hours before the official public sale on November 11th. NFT trends are growing nowadays. In general, NFTs can be purchased using ETH or any other crypto, which then can be converted into USD using other crypto exchanges. Happy Hippos are a special collection of randomly AI-generated NFTs on the Ethereum blockchain accessible via the Infinity8.io platform, a philanthropic NFT marketplace that won the Best NFT Marketplace Award 2021. How to join the exclusive Happy Hippos NFT pre-sale? Be whitelisted by signing up and creating an account on Infinity8.io Your Happy Hippo NFT can only be found on any connected address, or wallet that was used for the purchase of the Happy Hippos through Infinity8.io. To make it more special, pre-sale will be limited to the first 1,000 people who will sign up on Infinity8.io. A total of 8,888 Happy Hippos are available during the pre-sale — blue, green, and grey — with the pre-sale price of each Happy Hippos NFT set at .06 ETH while the public sale price will be .088 ETH. Purchasing Happy Hippos is very easy as various payment methods are accepted like crypto, PayPal, credit card, or Metamask. Meet Happy Hippos & go Follow @HappyHippos_NFT @Infinity8io 🦛! Let's help protect this endangered species through the power of NFTs. Click the link in bio @HappyHippos_NFT to browse and share which ones you're looking to adopt when they go live 💎 pic.twitter.com/mx9783F0SG — Nicki Minaj (@NICKIMINAJ) November 9, 2021 All Happy Hippos holders will get access to future pre-sales for upcoming projects on Infinity8.io and receive official adoption certificates of wildlife hippos roaming together in harmony in Africa. When the Happy Hippos NFT public sale is at 25% sold out, 25 Happy Hippos will be given away to random wallets on Infinity8.io alongside sending 0.08888 ETH to five random Happy Hippos NFT holders. Once the halfway mark of 50% is reached, another set of 50 Happy Hippos will be given away to random wallets, with additional 0.08888 ETH sent to another ten random holders. Upon the 75% sold-out mark, 75 Happy Hippos will be given away to random wallets, with ten lucky holders receiving .08888 ETH as well. At 100% sold out, two random users can get either 1 Special Happy Hippos or .8888 ETH in their wallets. Post-drop in November, Infinity8.io is expected to create a $1 million creator fund for creators on the platform, with funds coming from the mint sales/royalties to support creators and their projects. Moreover, all Happy Hippos holders will be entered into a contest that will randomly select one of them to win access to the ‘Official Happy Hippos Safari Experience in Africa.’