Tag: Main

Main news and articles about Bitcoin, cryptocurrencies, and blockchain.

DOGE is a Ponzi scam, according to Neel Kashkari, president of the Minneapolis Federal Reserve Bank

DOGE is a Ponzi scam, according to Neel Kashkari, president of the Minneapolis Federal Reserve Bank

Kashkari has previously criticized encryption. On February 14, 2020, he said that digital assets like Bitcoin (BTC) are not stable currencies and praised the SEC for taking “strong steps” against initial coin offerings (ICOs).This year, Kashkari is not a member of the Federal Open Market Committee, which determines the country’s monetary policy. The Minneapolis Fed will replace the FOMC in 2022 and serve as a voting member in 2023.Kashkari will not vote on monetary policy this year, but he is against any move that raises interest rates before 2023. The Federal Reserve’s latest study predicts that interest rates...

$DOGE, Featured, Main

Continue reading

number go up - to the moon

What is Bitcoin’s Number Go Up technology?

The ‘Number Go Up’ has an interesting origin from the world of Bitcoin memes and Twitter discussion, where it is often referred to as NgU technology.Number Go Up technology refers to Bitcoin’s difficulty setting feature and strictly limited supply of 21,000,000 (twenty-one million units). Given the extreme scarcity of Bitcoin and the inability to copy it, this causes the price of Bitcoin to go up.When did the “Number Go Up” come about?According to some opinions, the first time that “Number Go Up” was mentioned would have been in a comment on Twitter by the user Blade Runner in 2017, at...

Bitcoin, Cryptocurrencies, Featured, Main

Continue reading

Mark Cuban quiere regulaciones en torno a DeFi después de que su empresa sufre grandes pérdidas

Mark Cuban wants regulations around DeFi after his company suffers big losses

June 18, 2021| DeFi , NewsAfter a big drop in price, the millionaire said he had been “hit.” DeFi prompted the lord to draft a formal regulation proposal. After investing in a blockchain startup and suffering losses, he advocates for decentralized financial industry (DeFi) regulation.The investor was “injured” by the unexpected collapse of the $TITAN token, of the DeFi Iron Finance project, which went from worth $ 60 to zero overnight. Despite being only a small proportion of his overall crypto holdings, the $TITAN losses left Cuban looking “like everyone else.”As reported...

Cryptocurrencies, DeFi, Main, Stablecoins

Continue reading

jack dorsey - bitcoin changes everything

Jack Dorsey: “Bitcoin changes everything”

The CEO of Twitter is a great driving force behind Bitcoin, and at the Bitcoin Miami 2021 conference, he contributed his vision regarding the positive and disruptive change it brings to the global social financial system, its impact on the ecosystem, renewable energy, and more.“Bitcoin changes absolutely everything,” said the CEO of Twitter and Square at the 2021 Bitcoin Conference. Billionaire Jack Dorsey, co-founder of Twitter and Square, is extremely optimistic about the future of bitcoin, the largest cryptocurrency by market value. The Bitcoin enthusiast spread more positivity about the cryptocurrency...

Bitcoin, Cryptocurrencies, Main

Continue reading

El Salvador could adopt Bitcoin as its official currency

El Salvador could adopt Bitcoin as its official currency

El Salvador is about to become the first country to recognize bitcoin as a legal offer.El Salvador will be the first country to legalize Bitcoin, according to Salvadoran President Nayib Bukele, who made the announcement in a video recorded at the Bitcoin 2021 conference in Miami.President Nayib Bukele says that Bitcoin will make it easier for Salvadorans living abroad to send money home.El Salvador would become the first country in the world to formally recognize cryptocurrencies as legal currency, allowing the “financial inclusion of thousands of people who are currently excluded from the legal economy,” according...

Bitcoin, Crypto world, Cryptocurrencies, Main

Continue reading

Dogecoin Price Jumps 20% on Coinbase Listing

Dogecoin Price Jumps 20% on Coinbase Listing

Dogecoin was the day’s biggest cryptocurrency transaction after Coinbase, the largest cryptocurrency exchange in the United States, announced that it will include dogecoin in Coinbase Pro, its professional trading platform.The price of dogecoin has dropped by more than 20% after Coinbase, the world’s largest cryptocurrency exchange, added it to its professional trading platform.Coinbase said in a blog post that it has started accepting Dogecoin transfers “immediately” on its Pro trading platform, according to Decrypto.co.The exchange now offers DOGE only in Coinbase Pro, which is designed for more experienced...

$DOGE, Coinbase, Featured, Main

Continue reading

What is Bitcoin's Taproot upgrade?

What is Bitcoin’s Taproot upgrade?

The decentralized currency market has been growing steadily over the last few years. As the first and major cryptocurrency, Bitcoin (BTC) is now widely used by investors who want to maintain total control of their own funds. But there is still work to be done on improving the network’s scalability and security. Now, an upcoming update called Taproot aims to solve these issues once and for all.What is Bitcoin’s Taproot upgrade?Taproot is the most recent phase in Bitcoin’s development since the upgrade attempts to improve the network’s overall usefulness by making transactions quicker, cheaper, and easier to install.Taproot...

Bitcoin, Featured, Main

Continue reading

Total crypto assets managed by hedge funds doubled in 2020

Total crypto assets managed by hedge funds doubled in 2020

PricewaterhouseCoopers (PwC) has released a report showing that the number of assets under management (AUM) of hedge funds of cryptocurrencies is on the rise, from $2 billion in 2019 to more than $3.8 billion this year.The PwC report revealed a clear top five for cryptocurrency hedge funds. After bitcoin (BTC), which appears in more than 90% of funds, and Ethereum (ETH) with 67%, Litecoin (LTC) with 34%, Chainlink (LINK) with 30%, and Polkadot (DOT) with 28%, complete the top five in this year’s results.Of the cryptocurrency hedge funds surveyed, more than half of these are engaged in derivatives trading, although the report...

Cryptocurrencies, Main

Continue reading

© Cryptopress. All rights reserved.