Cathie Wood, the chief executive of Ark Invest who has high hopes on BTC and Tesla has predicted that the price of BTC will increase 10 fold , if companies continue to diversify their cash into Bitcoins and if investor's start start allocating atleast 5 % of their fund's, it would be at 500,000 instead…
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Why exactly 21 million? Why not 20, 25 or even 100 million? How does this number come about? Well, this is a question that divides opinions, because Satoshi Nakamoto himself has never given a clear answer to this question. Some people think that the amount of Bitcoin was chosen so that if the entire world's…
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I've found lots of recommendations based on payout amount and frequency, but I'm more interested in knowing which one you think is the most trusted and reliable. Obviously, not interested in any newer mining pools since they wouldn't have much of a track record to evaluate. Thanks in advance for your help with this. …
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Bitcoin will always be the boss, but the real innovative and groundbreaking developments are happening in layer-2 solutions, DAOs, NFTs with utility and the emerging Metaverse.
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I have been reading all these subreddits with posts like "To the moon!", with all those unrealistic price predictions. So I was wondering what would the price of an Altcoin be if it somehow managed to reach BTC's ATH market cap. Do note that this is simply a calculation of taking BTC's ATH market cap…
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This is the fourth post of this style that I made, if you're interested I've made similar posts on Ergo, XDC & XLM. Disclaimer: VET makes up about 5% of my portfolio What is VeChain? https://preview.redd.it/8izc6k5no9o71.jpg?width=780&format=pjpg&auto=webp&s=71a06e828445813bb5cbcd31bb1ad44e597c12da Counterfeiting, supply chain management, food safety, parcel tracing, certificates. All of these have something in common; They can all…
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Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period.
Mastercard, a multinational financial services corporation, has jumped on the NFT bandwagon. Non-fungible tokens (NFT) have continued to gain popularity among mainstream industries. The most recent addition to the NFT world is the global payments leader. Related Reading | Visa Describes NFTs As Promising Means To Engage With The Fans On Thursday, September 16, the company announced that it had created its first-ever NFT in partnership with the renowned football coach José Mourinho, who is also a Mastercard global ambassador. This unique NFT is an animated digital football with José’s signature on one of the panels. The company’s U.K. branch made this announcement. It included a raffle for cardholders in the United Kingdom to win the company’s first NFT. According to the company, the experience will be in English and is free to book, and is available until September 30. Cardholders based in the U.K. can sign up from now till that date for a chance to win. Additionally, only one winner will be selected as there will be only one NFT. Details of how to receive the NFT will be shared by Mastercard’s sponsorship team, via email after the prize draw. The NFT will be hosted on a server owned by the company and backed by their proprietary technology. MasterCard And Its Digital Assets Journey The Financial Services company entered the crypto space last year. Since then, it has made big moves in crypto and blockchain integrated services. The company acknowledged that digital assets are becoming a more important part of the payments world. Related Reading | Real Adoption: How Will Mastercard’s Crypto Acceptance Affect Bitcoin Price? In 2020, Mastercard announced the expansion of its cryptocurrency program, making it simpler and faster for partners to bring secure, compliant payment cards to market. This effort was to aid adoption and create innovative experiences in the crypto space. The company teamed up with Wirex and BitPay to create crypto cards that allow people to transact using their cryptocurrencies. In a bid to make crypto more accessible to everyone, in March 2021, Mastercard and Wirex officially launched the Mastercard debit card in the U.K. and EEA, as well as the rewards program across the globe. Total crypto market cap rises to $2.17 Trillion | Source: Crypto Total Market Cap from TradingView.com In July this year, Mastercard announced the launch of a corporate program, Start Path, for Blockchain and crypto startups. Start Path started with seven global crypto and digital assets startups that focused on solving a unique industry challenge. It has a location in every region. Still, in July, it announced the creation of a simplified payments card offering for cryptocurrency companies. It said that it will “enhance its card program for cryptocurrency wallets and exchanges, making it simpler for partners to convert cryptocurrency to traditional fiat currency.” Related Reading | Mastercard Furthers Investment Into Crypto Card Integration Also, just this month, the company made a big bet on crypto by buying blockchain analytics startup CipherTrace. On September 9, the payments giant announced it entered into an agreement to buy CipherTrace for an undisclosed amount. “Digital assets have the potential to reimagine commerce, from everyday acts like paying and getting paid to transforming economies, making them more inclusive and efficient,” said Ajay Bhalla, president, Cyber & Intelligence at Mastercard. “With the rapid growth of the digital asset ecosystem comes the need to ensure it is trusted and safe. Our aim is to build upon the complementary capabilities of Mastercard and CipherTrace to do just this.” The creation of this NFT is Mastercard’s most recent move in the digital assets space. Other financial services providers are also making moves in the space. Last month, Visa purchased its first NFT. It later went on to release its NFT whitepaper. Featured image by Mastercard’s priceless.com, Chart by TradingView.com
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly as DAI’s market valuation jumped more than 800% during the last 12 months, increasing from $696 […]
