2 / 6 Relevant items tagged with #NewsBytes4

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Stealth Nation Reported to Be Purchasing Bitcoin Covertly

[Nov 10, 2024 7:32 AM] Talks of an unidentified nation purchasing bitcoin in bulk surged on social media recently. David Bailey, CEO of BTC Inc. and one of President-Elect Trump’s campaign cryptocurrency aides, has reported on the possibility of an undisclosed…

Coinbase Launches Wrapped Bitcoin Token on Top of Solana

[Nov 8, 2024 11:30 AM] Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the…

Franklin Templeton Integrates Tokenized Fund on Base

[Nov 1, 2024 10:30 AM] Franklin Templeton, one of the world’s largest investment managers, has announced that it has integrated Benji, a blockchain-integrated record-keeping system, on top of Base, a Coinbase-incubated Ethereum rollup. According to the institution…

A16z: Only 10% of Crypto Owners Are Actively Using It

[Oct 29, 2024 10:00 PM] A recent report by A16zcrypto titled “Estimating the Number of Real Crypto Users” found that only up to 60 million current holders were actively using their cryptocurrency each month. The numbers represent only 10% of the estimated 617…

Willy Woo on Altcoins: ‘Retail May Be Getting It’

[Oct 28, 2024 6:30 AM] Trader Willy Woo reflected on market trends and the behavior of altcoins in what he called this third alt-cycle. This cycle, Woo stated, is marked by the emergence of meme coins, “a piss-take on the crypto space.” Unlike the last cycle…

Web3 Game Off the Grid Numbers Shine Despite Promotional Drop

[Oct 25, 2024 10:30 AM] Off The Grid, the so-called Web3 extraction shooter built on the Avalanche blockchain, has maintained momentum after its launch in the early access stages. While the game has fallen from the top 100 most viewed games on the streaming platform…

Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil

[Oct 22, 2024 8:30 AM] The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and…

Millions Already Hold This Latam-Based Dollar Pegged Stablecoin

[Oct 21, 2024 10:30 AM] Mercado Libre, the Latin American e-commerce and financial services giant, has reached a milestone with meli dolar, an in-house distributed dollar-pegged stablecoin. The token, launched in August, is now in millions of wallets, according to Ignacio…

Coinbase: Crypto Voters Can Be Decisive in Swing States

[Oct 18, 2024 3:11 PM] Coinbase’s research has determined that crypto, as a key topic, might be a factor capable of swaying the next election results. According to data posted on social media, swing states have a significant number of crypto voters who, depending…

Uniswap Labs Introduces Scalability-Focused Ethereum L2

[Oct 11, 2024 10:30 AM] Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed…

Nubank Lowers Cryptocurrency Trading Fees

[Oct 4, 2024 7:30 AM] Nubank, the Latam-focused fintech company, recently lowered its cryptocurrency trading fees from 0.8% to 0.6% for each transaction completed. The platform allows for purchasing and selling 15 different cryptocurrencies, including bitcoin (BTC)…