Tuesday, February 7

Tag: Bitcoin

The future of the internet with Web3
Crypto Guides

The future of the internet with Web3

The Future of the internet with web3 makes the internet experience exciting, easy to trust, and, simple for internet users. The future of the internet is depending on any new technology that has the potential to move the attention of virtual users from their current focus to a new experience, this is what web3 has succeeded in doing, web3 has changed the focus of the people from Web2 to itself. Since the introduction of web3, they have been different interests and discussions about it, mostly among members of the crypto community. This article will explain what you need to know about the future of the internet with web3. What is web3? The term web3 is used to refer to a new generation of internet integrating digital activities like blockchain technology, augmented reality (AR)...
Terra LUNA Becomes The Second Most Searched Crypto In America Following Bitcoin
Cryptocurrency

Terra LUNA Becomes The Second Most Searched Crypto In America Following Bitcoin

Terra Luna is now the most searched crypto in 14 US states. Notably, the coin has been so much taken by many investors following its fall in May and this has made Google trend data reveal that many American residents are still much interested in it. Per the Google data which was arranged by Fintech Times, Terra (LUNA) is the second most popular cryptocurrency in the United States after Bitcoin. Read Also: The Code To Re-open IBC On Terra Classic Network Is Ready Says Cosmo Developer Terra LUNA Is Now The Second Most Searched Crypto In America The Fintech data noted that over 14 states in the United States conducted online searches for Terra more than any other cryptocurrency.  The Fintech data went further to highlight the states which include Alabama, Arkansas, Califo...
Germany-based SAP SE To Enable Shiba Inu Payroll Payment Alongside Few Other Cryptos Via BitPay
Shiba Inu

Germany-based SAP SE To Enable Shiba Inu Payroll Payment Alongside Few Other Cryptos Via BitPay

According to a recent tweet shared by a giant payment provider, BitPay, saying the Germany-based enterprise application Software Company SAP SE partnered with BitPay to offer Shiba Inu (SHIB) payroll payments. It is worth noting that Shiba Inu’s Partner, BitPay, recently chose the Germany-based enterprise apps software company SAP SE as a future work partner to enable crypto payroll payments.  Read Also: Users Can Now Create XRP Account On Metamask: PeerSyst Technology https://twitter.com/BitPay/status/1582110309573017600 It is good to know that via this collaboration, the Germany-based Software company will enable payroll payment on 15 cryptocurrencies, including Shiba Inu, Bitcoin (BTC), Ethereum (ETH), and others. Notably, the new development came following the growing...
A Whopping 46,173 BTC Since September 27 Have Been Accumulated, and 15,000 BTC Is Transferred To Houbi Global.
Bitcoin

A Whopping 46,173 BTC Since September 27 Have Been Accumulated, and 15,000 BTC Is Transferred To Houbi Global.

Santiment Feed recently shared a tweet explaining how Bitcoin (BTC) has experienced a significant buy in the past week. Santiment Feed an on-chain and social sentiment analytics firm noted wallet addresses having between 100 to 10k BTC have accumulated 46,173 BTC since September 27, noting a correlation between decreasing Tether USD (USDT) whale supply and increasing Bitcoin whale supply and vice verse.  Read Also: A Terra Classic Developer, Zaradar, Says “No One Would Be Minting More LUNC As Long As He Remains In Charge”. https://twitter.com/santimentfeed/status/1577466630900051968 Per Santiment; “Bitcoin whales are showing signs of sustained accumulation, which has been a rarity in 2022,” and further stated that “Since September 27, addresses holding 100 to 10k BTC ha...
SpendTheBits Is launched On The XRPL To Allow Faster And Low-Cost Bitcoin Transaction With Merchants, Who Accept Bitcoin As A Payment Method
Ripple News

SpendTheBits Is launched On The XRPL To Allow Faster And Low-Cost Bitcoin Transaction With Merchants, Who Accept Bitcoin As A Payment Method

In an attempt to get the issue of delay and high Bitcoin transactions, a new payment platform was released to permit users to send Bitcoin faster and cheaper to merchants who accept digital currency as a mode of payment. https://twitter.com/Spend_The_Bits/status/1568305129333600257 It is worth noting that the SpendTheBits (STB) is a payment solution released on Ripple’s XRP Ledger (XRPL) to ensure users do faster and more low-cost Bitcoin transactions with merchants. Read Also: An additional 6 Billion Plus LUNC Was Staked Making The Total Staked To 534.29 Billion LUNC The SpendTheBits developers launched the solution on Ripple to leverage the limitless payments feature of Bitcoin, which includes faster, cheaper, and eco-friendly transactions.  “By deploying a user’s ...
LUNC Now Surpasses Bitcoin In Terms Of Trading Volume And Houbi Unveils Its Plan To Support LUNC 1.2% Tax Burn Proposal
Cryptocurrency

LUNC Now Surpasses Bitcoin In Terms Of Trading Volume And Houbi Unveils Its Plan To Support LUNC 1.2% Tax Burn Proposal

There is no doubt that the LUNC coin has already with a series of breakthroughs happening to the token over the past few days. In a recent tweet by Houbi Global, it unveils its plan to support the LUNC 1.2% tax burn proposal on the 13th of September. https://twitter.com/HuobiGlobal/status/1568083832838172672 According to the Houbi Global:“We have learned about the 1.2% Tax Burn Proposal on the Terra Classic (LUNC) community. To ensure your transfers remain unaffected, Huobi Global will support this proposal,”  Exchanges Like MEXC Global, KuCoin, Gate.io, And Binance Now Support LUNC 1.2% Tax Burn Proposal In the course of the announcement, Houbi reveal that it has set September 13th, 2022 as the date for the implementation provided that permission was given by Terraf...
Justin Bons Says Bitcoin’s First Vision Has Been Diverted
Bitcoin

Justin Bons Says Bitcoin’s First Vision Has Been Diverted

Justin Bons, the Founder and Chief Investment Officer of Cyber Capital, one of the oldest cryptocurrency funds globally, has taken the time to reflect in detail on the largest cryptocurrency. As stated on Justing Bons’ Twitter page, Bitcoin has broken the long-term security model. He further said the coin lacks capacity programmability and composability with comparatively weak economy qualities. Read Also: SEC Says It's Unopposed To The Ripple's Request Of Sealing The Expert Testimonies Justin Bons said:“BTC is unique in that it is technically one of the worst cryptocurrencies” Bitcoin's Vision Has Been Diverted He reiterated that the vision of the largest cryptocurrency by market cap has been diverted. He said Bitcoin block size not increasing is an aberration to the plan ...
Whales Are actively Accumulating BTC And Exchange Deposit Is Declining, Almost 16k Addresses Are Holding 100 To 10k BTC
Bitcoin

Whales Are actively Accumulating BTC And Exchange Deposit Is Declining, Almost 16k Addresses Are Holding 100 To 10k BTC

The amount of Bitcoin’s addresses holding between a hundred to 10k has now hit a 2-month high. The update was gotten as revealed by an On-Chain analysis, and social metrics entity, Santiment, that the addresses containing a Bitcoin amount ranging from 100 to 10,000 have hit the 2-month high since the 11th of June. Read Also: Do Kwon Made A Move To Have A Legal Backing: Detail The implication of this is there is a sharp increase in two months. At current market values, the addresses are holding between $2.3 million and $233 million. https://twitter.com/santimentfeed/status/1560064367894286337 As stated on the Santiment’s official Twitter handle;  “Bitcoin addresses holding between 100 to 10,000 BTC ($2.3m to $233m) has reached its largest quantity since June...
Everest Partners With Bitso To Allow The Everest Users To Do Cross-border Payment From XRP, BTC And Other Cryptos To Mexican Peso
Blockchain

Everest Partners With Bitso To Allow The Everest Users To Do Cross-border Payment From XRP, BTC And Other Cryptos To Mexican Peso

Latin American-based cryptocurrency platform, Bitso partners with Everest, the first licensed cryptocurrency custodian offering stablecoins to allow Everest users, Mexican receives funds in their native fiat. The update was made known through Everest’s Twitter handle. https://twitter.com/EverestDotOrg/status/1554932515173015554 As said earlier, the collaboration will allow the Everest users to receive cross-border transactions from Europe, the US, and Singapore into their native country, Mexico. Read Also: ApeCoin Now Becomes A Global Payment Method Via BitPay Read Also: Vitalik Buterin Says "I Don’t Expect Ethereum To Be Significantly Affected By Another Fork"  Interestingly, the Mexico-US corridor is the second-largest international payment corridor globally, wi...
Hoskinson Reacted To Elon Musk’s statement, that Tesla Has No Intention Of Selling Its Bitcoin.
Bitcoin

Hoskinson Reacted To Elon Musk’s statement, that Tesla Has No Intention Of Selling Its Bitcoin.

Seems the IOG chief hasn’t given up slamming the Bitcoin maximalists as the incident of Tesla's massive selloff of its Bitcoin. Tesla Selloff 75% Of Its Bitcoin As reported by Crytpolifedigital, In the letter sent to Tesla shareholders by Elon Musk, Tesla’s head, he revealed that he sold 75% of their Bitcoin holdings and accumulate a total of $936 million. Tesla revealed how he fought the inflation and economic meltdown in its full Q2 2022 financial report. He explained he sold the Bitcoin because of the incident of liquidity of the company given COVID-19. He further stated that the massive sold-out should not be taken as any verdict on the flagship cryptocurrency. Read Also: Cardano Network Has Been Running For Almost 5 years uninterruptedly Despite The Extremely High Load...