With a second stimulus check due, now is the time to start thinking of your financial future, with the opportunity to buy bitcoin at a time when many people are predicting its continued rise in its value. You may have already seen a Bitcoin of America ATM in a local store and been impressed by their convenience, or talked to a local store keeper about buying bitcoin using the handy bitcoin tablet service. Alternatively, you may want to purchase bitcoin or Litecoin online via the Bitcoin of… Source link

Another hip hop artist has joined the cryptocurrency community, as the Canadian record producer, DJ, and songwriter ‘Murda Beatz’ (Shane Lee Lindstrom) said he bought some bitcoin on Tuesday. The music producer joins a slew of other recording artists that have joined the crypto ecosystem like 50 Cent, Talib Kweli, Snoop Dogg, and Nas. On October 6, 2020, the Canadian record producer Murda Beatz revealed to his 283,000 Twitter followers that he just purchased some bitcoin (BTC). Murda… Source link

Goldman Sachs GS , along with other Wall Street giants, has been eyeing bitcoin and cryptocurrency markets this year—and has already taken some big steps into the space. Those steps follow the bitcoin price, up some 40% so far this year and hovering at a little over $10,000 per bitcoin, finding support through a roller coaster 2020 as a potential hedge against a wave of inflation that some see on the horizon. Now, after it was announced last month a 20-year Goldman Sachs veteran… Source link

The recent DeFi bull-cycle has pushed the total value locked (TVL) of popular Bitcoin (BTC) tokenization protocol Wrapped BTC (WBTC) up by 900% to surpass $1 billion. The milestone comes four weeks after the TVL of all Bitcoin tokenized on Ethereum (ETH) surpassed $1 billion for the first time . The current TVL of tokenized Bitcoin is nearly $1.5 billion, of which WBTC currently represents one-third. Wrapped Bitcoin is now the fifth-largest DeFi protocol in terms of TVL, representing nearly… Source link

Ethereum Ethereum rose by 0.26% on Wednesday. Following a 3.69% slide on Tuesday, Ethereum ended the day at $341.68. A bearish start to the day saw Ethereum slide to an early morning intraday low $332.87 before making a move. Ethereum fell through the first major support level at $333.23 before rising to a mid-afternoon intraday high of $342.83. Falling well short of the first major resistance level at $351.83, Ethereum fell back to $336 levels before finding support. A late move back through to… Source link

October has barely started and the price action in the crypto markets has been both exciting and worrisome. Bitcoin (BTC) has seen a strong $10.9K rejection and a quick $10.2K bottom over the past week. The whipsaw price action has been the norm over the past three weeks and is quite gruesome for the bulls and bears. Regardless of the reason behind these moves, the recent newsflow of negative crypto events has clearly spooked investors. In the last two weeks KuCoin was hacked for $150 million,… Source link

For many years, bitcoin was alone in terms of usable cryptocurrency for purchases of goods and services. Lately, there are other coins available and many investors are having a lot of success trading those coins. But, there are other reasons to use certain coins that go beyond buying and selling which means that bitcoin may not always be the best option. Case in point, Ethereum is the second largest coin because of its unique ability to be used in many different… Source link

Chinese tech companies were once seen as copycats of their Western peers: Alibaba was a knockoff of eBay and Baidu imitated Google. More recently, Chinese firms like TikTok and Huawei have established such dominant international positions that U.S. authorities have tried to hold them back.  Now, the technological arms race is playing out in the cryptocurrency industry, where one Chinese company is taking on Ethereum, the world’s second-largest blockchain, which U.S.-based developers have… Source link

LOS ANGELES, Oct. 7, 2020 /PRNewswire/ — Townforge is a new world-building multiplayer online game, with the ability to mine cryptocurrency, now available for download and use on a testing-only blockchain. Townforge uses a source code fork of the private cryptocurrency Monero to create a new cryptocurrency called Townforge Gold that can be spent inside and outside the game. Game activity is stored on the Townforge blockchain—not private servers—giving the game a life of its own and… Source link

PARIS, FRANCE – FEBRUARY 12: In this photo illustration, a visual representation of the digital … [+] Cryptocurrency, Bitcoin is displayed in front of the Bitcoin course’s graph on February 12, 2020 in Paris, France. The price of Bitcoin is rising and has once again passed above the very symbolic bar of 10,000 US dollars. (Photo by Chesnot/Getty Images) Getty Images A core investment strategy is facing an unprecedented threat, and the solution may be to… Source link