[lwptoc] Let’s read more in today’s bitcoin news about Cardano‘s founder’s prediction that Ethereum would quickly overtake Bitcoin as the dominant and number one cryptocurrency. Charles Hoskinson discussed cryptocurrency and why he believes Ethereum will soon replace Bitcoin. He began by discussing the speed of BTC transactions, emphasizing the network’s sluggish nature and how slow…
Upland Is Celebrating 1 Million NFT Properties Minted in the Metaverse
Upland has just hit a major milestone in their platform, and for the NFT landscape as a whole. Being one of the world’s fastest growing digital metaverses, Upland’s users have recently minted the millionth NFT property on the platform. Not long after being featured on CBS/Paramount Plus’ 60 Minutes+, Upland, the property trading metaverse, has…
Visa, Paypal Invest in Crypto-Focused Blockchain Capital’s New $300 Million Fund
Visa Inc. and Paypal have invested in Blockchain Capital’s new fund. The venture capital firm focuses exclusively on the crypto ecosystem and blockchain technology. Blockchain Capital Raises $300M for Its New Fund Blockchain Capital announced Tuesday that it has raised $300 million for its 5th venture capital fund (Fund V). Paypal and Visa were among…
With reports of tests on Ethereum, the Bank of Israel ramps up its CBDC operations
Israel’s central bank is said to have completed a secret pilot for a central bank digital currency (CBDC) based on Ethereum’s technology. Globes, an Israeli financial news site, published the assertion, which was then confirmed by BNN Bloomberg. The Bank of Israel (BOI) allegedly completed its pilot in an experimental, closed environment based on Ethereum’s…
Coinbase Approved to Enter Japanese Cryptocurrency Market
Coinbase is now registered as a cryptocurrency exchange to operate in Japan. The Japanese financial regulator has approved Coinbase to trade five cryptocurrencies. Japan’s top financial regulator, the Financial Services Agency (FSA), announced last week that it has registered Coinbase as a crypto exchange service provider based on the revised Fund Settlement Act. According to…
While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts the Top Crypto and Supporters
The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day drop to nothing. This week he insists bitcoin’s chart shows a head and shoulders top pattern with a “neckline around $30K the pattern measures a…