Moving the United States dollar to a “well-designed blockchain” could make billions of “clunky” pennies in the country useful again, according to a new ad campaign from crypto exchange Coinbase. The campaign came as part of National Lost Penny Day on Feb. 12, an annual day celebrating the creation of the penny and encouraging Americans…
As blockchain technology attains more mainstream adoption, students and the next generation of young entrepreneurs show that they have some knowledge of the technology. In an interview with Cointelegraph, Sui Foundation managing director Greg Siourounis spoke about the foundation’s efforts to establish a blockchain academy in collaboration with the United Arab Emirates-based school, the American…
Bitcoin’s surge to $50,000 on Monday comes at a time of souped-up institutional demand, a possible pivot in interest rates, and incoming scarcity from the Bitcoin halving — a stark contrast from just two years ago. Data shows that the last time Bitcoin hit the $50,000 mark was in December 2021, a time when —…
Fundamental changes to Bitcoin’s demand-supply equation are likely to have a greater impact on the cryptocurrency prices following the upcoming halving, according to an analysis from asset manager Grayscale. Historically, periods of price appreciation have followed halving events. However, a new factor will also impact Bitcoin performance for this April’s halving: exchange-traded funds (ETFs). “Beyond generally positive onchain…
Argentines are using black market exchanges, known locally as “crypto caves,” to buy U.S. dollar stablecoins in a bid to escape strict currency controls and triple-digit inflation of the Argentine peso (ARS), and are reportedly shunning Bitcoin due to perceived volatility. Crypto caves are underground peer-to-peer exchanges operating secretly and tucked away in “non-visible places,” CryptoMarket’s…
On-chain indicators assessing Bitcoin’s BTC) value have entered a “high-risk” zone and could mean the cryptocurrency is in the initial stages of a bull market, says the crypto analysis platform Glassnode. In a Feb. 10 X post, Glassnode shared that an indicator to identify Bitcoin’s long-term valuation compared relative to its market value had pushed above the…