Japanese E-Commerce Giant Mercari Set to Embrace Bitcoin Payments
Japanese e-commerce platform Mercari has announced its intention to accept Bitcoin as a payment method. This decision expands the payment options on the platform, allowing users to conduct transactions using cryptocurrency.Mercari, known as one of the leading e-commerce platforms in Japan, plans to introduce Bitcoin integration as part of efforts to enhance payment flexibility for its users. This move also reflects a response to the increasing demand and interest in cryptocurrencies among consum
BlackRock Hopes Wednesday Will Be the Day for Approval of Bitcoin Spot ETF
BlackRock, the world's largest asset manager, is hopeful for the approval of a Bitcoin spot exchange-traded fund (ETF) this coming Wednesday (10/1).As information, the recent wave of Bitcoin spot ETF filings has drawn attention, especially since BlackRock joined the submissions in June 2023.The latest update on the potential approval of the Bitcoin spot ETF came from FOX Business over the weekend.Meanwhile, Reuters reported that several potential issuers expect the final approval for the S-1 fil
Bitcoin Eyes Bullish Scenario as Thousands of BTC Acquired by Whales
In a recent report from crypto intelligence portal Santiment, it has been revealed that prominent Bitcoin investors, commonly referred to as whales, have accumulated impressive amounts of Bitcoin despite the recent 10% price drop. These whales, who held between 100 and 10,000 BTC, collectively collected an additional 57,578 BTC. This accumulation has created an important bullish divergence that hints at the potential for a strong rebound in the near term.
As Bitcoin experienced a significant 10% price drop since April 9, it is remarkable to note that these influential holders have been adding around 1,000 BTC to their already large wallets every day. This unexpected trend has emerged amidst the ongoing frenzy surrounding altcoins, drawing attention to the contrasting actions of Bitcoin whale accumulation and the falling price of the cryptocurrency itself.
U.S. Senator Lummis changes crypto regulatory efforts amid SEC lawsuit
With the rapid evolution and increasing adoption of cryptocurrencies, the need for regulatory clarity has become paramount. U.S. Senator Cynthia Lummis said her efforts to push for a positive regulatory framework are still ongoing.
Senator Lummis earned praise from the crypto community on Twitter as he shared his commitment to developing a regulatory framework that will facilitate the ownership and trading of digital assets in the United States. His tweet served as a reminder of the anticipated bill that was supposed to be released in April.
Dear Crypto Cardano (ADA) Fans, Mark Your Calendars for June 27th
This is a sad day for Cardano
$ADAUSD crypto enthusiast. Indeed, this afternoon, stock and crypto trading platform Robinhood HOOD, announced it would halt trading of ADA, along with Polygon $MATICUSD and Solana $SOLUSD, starting June 27.
Winklevoss Twins: Bitcoin (BTC) Will Hit $500,000 Soon, Here's Why
Is it too late to invest in Bitcoin (BTC)? Or is it still worth buying cryptocurrency? The Winklevoss twins believe that Bitcoin remains one of the best investments of the decade.
According to the Winklevoss twins' predictions, Bitcoin will surpass $500,000. But what is their reasoning behind these predictions?
The Winklevoss Twins Have Been Investing in Bitcoin for 11 years
According to their own statements, Tyler Winklevoss and Cameron Winklevoss accidentally discovered Bitcoin in 2012 while on summer vacation in Ibiza.
Do Kwon Allegedly Transferred $29M in Crypto to Mysterious Wallet After His Arrest
Dan Sunghan – Director of the Financial Crimes Investigation Bureau at the Seoul Southern District Prosecutors' Service – claimed that former crypto mogul Do Kwon had moved nearly $30 million in digital currency to an unknown wallet shortly after his arrest in Montenegro.
The 31-year-old South Korean has faced huge criticism and was blamed for having a hand in last year's massive LUNA/USD collapse that triggered investors' multi-billion losses. He allegedly spent several months on the run before being detained by Montenegrin authorities in March this year. He will likely be extradited to the US or South Korea and tried there. Kwon's Suspicious Crypto Transactions
Polkadot Metrics Soar With Project Launch – Is It Good News For DOT Price?
Polkadot, an innovative multi-chain platform, has witnessed a tremendous surge in its key metrics following the launch of several ambitious projects. With the ecosystem bustling with activity and growing adoption, DOT performance metrics have soared to new heights.
Amidst this flurry of activity and positive indicators, the cryptocurrency market remains notoriously volatile. Cryptocurrencies have experienced significant price changes, currently influenced by regulatory developments led by the Securities and Exchange Commission (SEC).
Investors are shifting to Stablecoins from BTC and ETH amid increased regulatory scrutiny.
According to the latest data from Glassnode, an on-chain analytics company, the two largest cryptocurrencies by market capitalization, have driven the most capital inflows in the crypto market. Recent market events have triggered a significant trail of inflows for Bitcoin and Ethereum.
Data shows that Bitcoin has contributed the highest capital flow in the crypto market. The graph below reveals that the thirty-day net change in net inflows for Bitcoin is estimated to be around $4.47 billion and for Ethereum, the average could be as high as $3.5 billion. Contrary to these two cryptocurrencies, the metric value for stablecoins is negative. source: Glassnode
Ridwan Kamil: Bitcoin is a Solution for "Unbankable" Comunities
Ridwan Kamil, Governor of West Java Province, showed his partiality towards the digital asset Bitcoin (BTC). According to him, the technology carried by Bitcoin can help people who have been classified as unbankable, aka not having access to banking institutions.
That innovative outlook emerged during the Bitcoin 2023 event in Miami. In a panel with Samson Mow, who is the architect of the Bitcoin Bond (Bitcoin bonds) in El Salvador, Ridwan Kamil explained that Bitcoin technology can help people