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The company behind “one of the world’s most secure mobile cryptocurrency wallets” says its platform offers banking-grade features to protect tokens, while ensuring that completing transactions is as simple as “sending a text.”SovereignWallet says one of its main motivations is promoting financial inclusion and enabling the unbanked to create accounts for crypto directly from their…

Despite the fact that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed well. 944 Total views 39 Total shares Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square and Afterpay, continues its growth in 2022. According to its Shareholder letter, in the first…

Bitcoin (BTC) breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. XAU/BTC ratio weekly performance chart. Source: TradingView/NorthStar Popular analyst NorthStar says this breakdown could spell the end of Bitcoin’s 12-year bull run if it stays under the gold trendline for even a week or—worse—a month.

A consortium of major South Korean firms partnered to launch a blockchain-based mobile identification system in 2020, English-language local media Korea Times reports on July 14.Per the report, the participants are financial services firms KEB Hana Bank, Woori Bank, KOSCOM, mobile carriers SK Telecom, KT, LG UPlus, and technology behemoth Samsung Electronics. The aim of…

Bitcoin (BTC) tested traders' neves yet again on March 16 as a fresh spike over $40,000 ended in minutes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewShorts feel the burn after abrupt trip to $41,700Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly surging to highs of $41,700 on Bitstamp — before instantly reversing.Two hourly candles was…

While the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will likely spike the price of Bitcoin, some analysts are concerned it won’t be enough to fully thaw the markets from its winter chill. On Oct. 24 Bitcoin staged its largest single day rally in over a year, surging more than 14% on the news

Ethereum’s upcoming Shanghai upgrade will allow users to withdraw staked Ether (ETH), increasing the network’s liquidity and competitiveness while also boosting its staking ratio closer to its competitors.The Shanghai upgrade is a hard fork of Ethereum tentatively scheduled to occur in March. It implements five Ethereum Improvement Proposals, the headliner being EIP-4895, which allows users…

Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term." 409 Total views 1 Total shares Prior to the Federal Reserve announcing it would release a discussion paper on a central bank digital currency,…

Owner of major social media app TikTok, ByteDance, has launched a joint venture with state-owned Chinese media group and ThePaper.cn operator Shanghai Dongfang Newspaper to develop business models that include blockchain and artificial intelligence (AI), Bloomberg reported on Dec. 14. TikTok may use blockchain and AI to fight DeepfakesThe joint venture was launched in the capital…