Mobilecoin Soars 300% As Twitter Aims to Integrate Signal Protocol for Encrypted Messaging
According to tech writer Jane Manchun Wong, Twitter is reintroducing encrypted direct messaging (DMs). There are indications, in Wong’s opinion, that the social media platform will use Signal Protocol for its encrypted private communication. Signal Protocol is mentioned in the code for the Twitter iOS app, according to images given by Manchun Wong. Wong also […]
As BTC Jumps 6% From Recent Lows, a Big Move Is Coming, What Will the Price of Bitcoin Be?
The market capitalization of all cryptocurrencies is $821 billion as of Sunday, November 20, down 1.93% from the previous day. DeFi coin market capitalization has dropped by 1.83%. The most popular cryptocurrency, Bitcoin, has mostly not altered since hitting a low of $15,828 and is currently up 6%. There hasn’t been any movement in Bitcoin […]
US Senators Ask The $4.5 Trillion Investment Company Fidelity to Reconsider Its Exposure to Bitcoin
In the wake of the FTX collapse, US Senators have asked the $4.5 trillion investment company Fidelity to reconsider its exposure to bitcoin. Three US senators urged Fidelity Investments, a significant provider of financial services, to reconsider opening workplace retirement plans to bitcoin (BTC). Senators Richard Durbin, Elizabeth Warren, and Tina Smith of the […]
Russian Lawmakers Want to Establish a Government-Run Cryptocurrency Exchange
A scheme developed by Russian legislators might result in the establishment of a state-run cryptocurrency exchange. Members of the State Duma, the Russian parliament, have reportedly “started to write a draft amendment” that calls for “establishing a national crypto exchange in Russia,” according to Vedomosti. According to a “source close to the State Duma,” discussions […]
Binance Has Over $39 Billion Worth of BTC
In response to a now-deleted tweet from the CEO of Binance, Coinbase’s CEO reveals that the company has over $39 billion worth of bitcoin. Brian Armstrong, the CEO of Coinbase, has disclosed that his business has crypto reserves, including over 2 million BTC worth roughly $39.9 billion, as major crypto exchanges step up their attempts […]
Core Scientific Reports A $400 Million Quarterly Loss; Impending Bankruptcy?
Core Scientific, a company that mines bitcoins (BTC), may be the next to file for bankruptcy after reporting a third-quarter loss of more than $400 million. The business, which is regarded as the largest publicly traded Bitcoin miner in the US, has now lost a staggering $1.7 billion for the year as a result of […]
Arweave Gains Over 35% In A Week, Bitcoin Price and Ethereum Price Hold Critical Support
A significant support level of $21,000 was broken by the steep decline in the price of Bitcoin. Similarly, Ethereum dropped more than 2% and reached $1,566 to complete a 61.8% Fibonacci correction. Asia on Monday saw declines in US stock futures, cryptocurrencies, and commodities following Beijing’s declaration that it has no intentions to alter its […]
More Than 1% of the Total Supply of Bitcoin Is Owned by The US Government; Will They Dump It?
More than 214,000 bitcoin (BTC), or more than 1% of the cap on the total production, are now held by the US government. Following a government revelation on Monday that it had recovered more than 50,000 BTC connected to the illicit internet market Silk Road, the new milestone was attained. The US Department of Justice […]
Russian Central Bank Sees Fit to Integrate “Digital Assets” Into Financial System
In a recent paper, the Central Bank of Russia (CBR) examined digital assets and discussed potential integrations of the new technology into the country’s established financial system. A 32-page public consultation study titled “Digital Assets in Russian Federation” was released by the central bank of Russia on Monday. It made comparisons between the new technology […]
Long Way to Go Before Crypto Becomes Mainstream, Says Mastercard CEO
Before bitcoin (BTC) and cryptocurrencies in general to become widely used, according to Mastercard CEO Michael Miebach, a number of factors must align. When the CEO of Yahoo Finance was asked if a day will come when everyone would be making payments in bitcoin, Miebach acknowledged that it was a possibility. In response to the […]
