May 2022 / 130 posts found
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
Bitcoin Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval. 937 Total views 26 Total shares Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted by the Central Bank of Brazil. The LIFT Challenge Real Digital is a collaborative environment carried out by the Central Bank of Brazil (Bacen), in partnership with the National Federation of Associations of Central Bank Servers (Fenasbac). With the announcement of Stellar’s integration, SDF will […]
Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account offerings issued by financial giants like Fidelity. In recent times, cryptocurrencies can be further capitalized to put a down payment on a mortgage or get a conventional home loan using bitcoin as collateral. Crypto-Backed Conventional Home Loans These days, at least in the United States, banks require at least 20% down if a person or a couple wants […]
Bitcoin Pizza Day! Two Pizzas Bought For 10K BTC On May 22, 2010
Bitcoin You are here: Home / News / Bitcoin News / Bitcoin Pizza Day! Two Pizzas Bought For 10K BTC On May 22, 2010 May 22, 2022 by Lipika Deka It’s Pizza Time! Today marks the world’s first Bitcoin trade- 2 Large Papa John’s pizzas bought for 10,000 BTC, exactly 12 years ago. On May 22, 2010, a programmer named Laszlo Hanyecz from Florida, US never knew that his craving for pizza would go down in history. What’s even more interesting is that he paid 10,000 BTC, which today is worth more than $80 million, for the two pizzas. The road, […]
Kraken Daily Market Report for May 22 2022
Overview Daily spot trading volume: $320.1 million, 30 day average spot: $1.03 billion. Total futures notional: $119.8 million. The top five traded coins were, respectively, Bitcoin (+3.0%), Tether (+0%), Ethereum (+3.5%), USDC (0%), and Solana (+4.5%). Strong returns from Augur (+70%) and Augur v2 (+78%). May 22, 2022 $320.1M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD BTC $30268. ↑3.0% $103.8M USDT $0.9990 ↑0.02% $71.9M ETH $2040.9 ↑3.5% $48.8M USDC $0.9999 ↓0.01% $25.9M SOL $52.491 ↑4.5% $14.2M LUNA $0.0002 ↑54% $7.03M DOT $10.17 ↑1.9% $5.96M…
Fidelity lets companies offer bitcoin in 401(k)s. Financial advisers call it a risky bet.
Cryptocurrency If you’re dreaming of retiring on a bitcoin windfall, you may want to reconsider. Bitcoin’s recent price fall has captured headlines for its breadth — declining by more than one-third since March and by more than 50 percent since November. Some are now wondering whether the sell-off could reverberate throughout the broader economy. Over the past week, the price has quietly stabilized at around $30,000. For bitcoin’s most ardent supporters — and for those with an extensive risk appetite — it may be a buying opportunity. The financial services company Fidelity Investments said it was giving companies the ability […]
CoinGecko Co-Founder: The Next 12 – 18 Months Will be Challenging in the Crypto Markets as the Fed Increases Interest Rates
Quick take: Bobby Won has forecasted that the next 12 to 18 months in the crypto-markets will be challenging. He cites the US Fed increasing interest rates to tame inflation as the reason to expect more pain in the crypto markets. The Bitcoin and Crypto market will not be short, and we have to prepare for tough times. CoinGecko’s Co-Founder, Bobby Ong, has forecasted that the next 12 to 18 months in the crypto markets will be challenging due to the US Federal Reserve increasing interest rates to tame inflation. Additionally, Bitcoin and crypto are now tied at the hip […]