Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data. Data from Glassnode suggests that Bitcoin (BTC) is in an accumulation pattern, with its available supply reaching a new historical low. According to the report, Bitcoin’s illiquid supply and long-term holders are increasing. As its supply tightens, available BTC is being…
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Image Source: Pixabay Senator Ted Cruz (R-TX) has revealed his decision to accept Bitcoin ( BTC) as part of his campaign fundraising efforts. “I am bullish on bitcoin, and I’m proud to accept bitcoin campaign donations,” he said in a recent interview with Forbes. Cruz’s official website now features the Bitcoin logo on the front…
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Image Source: AdobeStock / Craig DZ Bank, one of Germany’s leading financial institutions with assets totaling 300 billion euros, has launched its own blockchain-powered custody platform. According to an announcement by the bank, the platform is specifically designed to cater to institutional clients, enabling them to engage in cryptocurrency investments. While the initial focus of…
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As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from a lack of proper business models. The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the…
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Source: bugatti.com Luxury carmaker Bugatti and shoe giant Adidas have partnered to auction a limited-edition football shoe, which will come with a digital twin. According to the announcement, the two companies have joined hands to create “a stunning, limited edition football boot.” The so-called ‘adidas X Crazyfast Bugatti’ is engineered for speed and lightness, the companies…
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Source: brudertack69/Adobe The Kremlin believes the number of crypto transactions conducted in Russia has risen by three times in 2023, with transfer volumes “doubling.” The claims were made by Yuri Chikhanchin, the head of Rosfinmonitoring, in an interview with the Russian media outlet Izvestia. Formally known as the Federal Financial Monitoring Service, Rosfinmonitoring is a…
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Advocates for the Bitcoin Lightning Network and decentralized protocol Nostr funded Kweks’ Kilimanjaro climb. A Bitcoin (BTC) educator based in Tanzania has scaled Africa’s highest peak, Kilimanjaro, financing the entire trip through Bitcoin and Nostr donations. Kweks poses with a Bitcoin and NOSTR flag at the summit of Kilimanjaro. Source: X (formerly Twitter) Kweks (not…
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Image Source: YouTube / ABC Billionaire investor Mark Cuban has stressed the need for a “grandma-friendly” crypto application that would attract widespread adoption. In a recent episode of Wired’s “Tech Support,” Cuban, known for his role on “Shark Tank” and as the owner of the Dallas Mavericks, discussed various topics, including some challenges the crypto space…
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Source: AdobeStock / Grecaud Paul The European Union (EU) plans to improve the administration processes in all member nations by deploying digital strategies, a new Commission paper reads. A new EU report has placed the digitization of processes at the top of overhauling age-long bureaucracies as it aims to achieve modern and contemporary standards for…
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Popular Ethereum wallet MetaMask was briefly removed from Apple’s App Store on Saturday before being restored. “FYI: We’re aware that MetaMask isn’t currently available for download on the App Store,” the team said in a post on X (formerly Twitter). “This is and not related to anything malicious and our team is working hard to resolve it…
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