Category: Cryptocurrency News

There's this opinion going around that you need to invest a lot to begin with to get significant returns, that at the current state of the market it's unlikely for BTC to go 100x up and so on… No, your $100 abdolutely won't magically grow four more zeros and of course you need 100k to…
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PRESS RELEASE. Blockchain Euro Project BEUROP has announced the launch of its DeFi trading and Marketing platform for cryptocurrency startups and everyday users. Monday 18th, London, England — Following the launch of it’s deflationary BEPR token, Blockchain Euro Project (BEUROP) is preparing to establish its first product: a DeFi crypto trading and marketing platform for […]

One of Venezuela’s major international airports is making preparations to start accepting Bitcoin as a mode of payment. The Simón Bolívar International Airport has announced arrangements for BTC, DASH, and Venezuela’s oil-pegged crypto token – petro – for airport services. Preparations To Adopt Cryptocurrency As Payment Previously, Venezuelan regional news broadcasting company, El Siglo, reported that country’s largest international airport is interested in cryptocurrency as a payment method. Venezuela’s international airport giant, Simón Bolívar International Airport also called “Maiquetia” has announced its interest in using cryptocurrency for payments. The enormous airport is located 12 miles away from Venezuela’s capital Caracas. Related Reading | Bank Of England Seeks To Strengthen Cryptocurrency Regulations Freddy Borges, the director of the Maiquetia, stated that as time transits quickly, Venezuelans should also evolve. He also announced that the massive airport would be accepting numerous digital currencies as a means of payment for flight reservations and sundry other services. Additionally, Borges said that Maiquetia’s administrators would soon release new payment methods in collaboration with the country’s National Superintendence of Crypto Asset and Related Activities. The adoption of digital currency payments at the airport will mark Maiquetia’s commitments towards improvements Internationally. He noted that this would also rally cryptocurrency acceptance massively within the country and worldwide. Furthermore, the executive added that foreign tourists would take advantage of the crypto payments, including Russians. Venezuelan Central Bank Digital Currency Currently, Venezuela is experimenting on its Central Bank Digital Currency (CBDC), a novel crypto-asset pegged to its national currency. The country also launched a CBDC as a Venezuelan digital Bolivar on the 1st of October. However, Venezuela’s central bank stated that the CBDC wouldn’t be worth more or less than the national token but only be used as a digitalized means of accessing the currency. BTC rises past new highs | Source: BTCUSD on TradingView.com Beginning on the 1st of October, the CBDC was launched with one Venezuelan Bolivar having an equivalent value in its digitalized form. Even banknotes from 5 to 100 bolivars had their own digitalized equivalents. In addition, the Petro token was deployed in February 2018 as one of the country’s national digital currencies. Unlike the CBDC currency, which is backed up by the Venezuelan national currency, Petro is backed up by the nation’s oil. Companies That Accepted Bitcoin As Payment Method In August 2021, the Venezuelan carrier airport Turpial Airlines adopted a BTC-based payment option. Meanwhile, Caracas Air, the country’s biggest aviation training institute, offered their students discounts who paid via Bitcoin. Related Reading | Bank of England Governor Still Isn’t a Fan of Bitcoin Also, the food industry is not slacking behind in accepting bitcoin, leveraging the crypto’s fame within the country. For example, Pizza Hut began accepting Ethereum and Bitcoin payments last year November. Even Burger King had adopted DASH and Bitcoin as means of payment in January 2021 in over 40 of the country’s restaurants. Featured image by Pexels, Chart from TradingView.com

FIL might be more than 70% away from its all-time high, but derivatives data shows traders are steadily building leveraged positions.

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Huobi Japan, a bitcoin and crypto exchange company, today announced it has received approval from Japan’s Financial Services Agency (FSA) to register as a Type I Financial Instruments Business, as designated under the Financial Instruments and Exchange Act. This will enable Huobi Japan to engage in the trading, underwriting, and management of cryptocurrency derivatives, as…
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Outlier Ventures, the European blockchain accelerator ecosystem, today announced that Polygon, the Ethereum scaling platform – has been chosen for Outlier’s latest Base Camp Accelerator program. To date, Outlier Ventures has accelerated more than 90 Web3 startups since 2014 and has grown a network of thousands of blockchain founders through its Ascent advisory program and quarterly Diffusion community event.…
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I’ve got an old ETH private key wallet that used to have a few ETH in it. I moved the ETH out of it a year or so ago. Am I eligible for any forked bounty? I did something similar with BTC when it forked to Bitcoin cash BCH. I ended up getting the equivalent…
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