Author: NBTC
Cryptocurrency exchange Bitget has integrated two new payment methods into its platform. According to a press release shared with crypto.news, the Seychelles-based exchange has added Apple Pay for iOS users and Google Pay for Android users. The new addition would allow Bitget users to convert fiat into crypto more seamlessly than traditional methods like cards or bank transfers. Bitget customers can purchase over 100 cryptocurrencies using various fiat currencies on the platform. The announcement added that with the recent integration of Apple Pay and Google Pay, the transactions can be completed in under 30 seconds. The platform currently supports over…
Concerns are mounting within the crypto community about Bitcoin’s increasing centralization, which some fear could threaten the foundational principles of the world’s first digital asset. Recent data from BTC.com reveals that two mining pools — Foundry USA and AntPool — now control approximately 57% of Bitcoin’s total network hashrate. Foundry and AntPool Dominate Bitcoin Mining Pools Bitcoin mining pools are collaborative networks where individual miners combine their computational power to improve the likelihood of mining a block. After deducting maintenance fees, rewards are distributed among participants based on their contributed hashing power. Over time, these pools have gained popularity, offering…
Bitcoin is showing a new short-term bullish signal, as evidenced by a short squeeze and extremely negative funding rates. According to analyst Josh of Crypto World, as of now, bullish move appears to be unfolding. He said that not much has changed over the last day. Bitcoin’s price remains between support at just above $53,000 and resistance around $68,000. This range still shows a bearish trend, with lower highs and lows. Major support zones include $56,000 to $57,000 and $51,000 to $53,000. Here’s a breakdown of Bitcoin charts by the analyst: Bitcoin is close to breaking above resistance levels between…
Fetch.ai, a founding member of the Artificial Superintelligence Alliance, has opened its Innovation Lab in San Francisco, the company shared in a Friday announcement. Alongside the launch, Fetch.ai offers $10 million annually to fund startups building real-world AI solutions with its technology. The new lab aims to accelerate the development of practical AI solutions using AI agents, the company stated. Funding, startup accelerator, Ambassador Innovator Club, and internship incubator will be part of the initiative. Humayun Sheikh, CEO of Fetch.ai, said that the lab will serve as a collaborative space for top academic, research, and industry talents to work together.…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Telegram is no longer just a chat app—it’s a thriving crypto ecosystem with its own affiliated chain, games, and audience. With almost a billion users, Telegram’s endorsement of The Open Network as its “official web3 infrastructure” produces an explosion of blockchain-based mini-apps within the platform, engaging and rewarding players in unprecedented ways. You might also like: Crypto community rallies behind Telegram founder Pavel Durov on heels of arrest The successes are staggering: Notcoin stormed social media, growing…
Jupiter Exchange, a leading Solana DEX aggregator, encountered a brief outage in its recently launched token service earlier today. The incident prevented the service from picking up newly launched tokens and affected features like Dollar Cost Averaging (DCA) for those tokens. Despite the service interruption, users were still able to trade tokens normally. However, the specific functionalities tied to new tokens, including DCA, were unavailable until the issue was resolved. Jupiter Exchange has since resolved the issue, restoring full functionality to the token service. In a public statement made on X, Jupiter Exchange acknowledged the service disruption and expressed gratitude…
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back, potentially increasing by 4% or more. Accelerated Block Intervals and Growing Hashrate Indicate 4.19% Difficulty Reduction Could Vanish According to Luxor’s hashrateindex.com, Bitcoin’s hashrate is currently cruising at 660 exahash per second (EH/s), just 17 EH/s shy of the 677 EH/s peak recorded on July 25, 2024. It’s been…
Bitcoin experienced a sharp decline on Aug. 20, falling below the $59,000 mark as selling pressure intensified, leading to significant liquidations in the crypto market. The flagship crypto slid over 3% in an hour, giving up almost all of its gains over the previous trading day after touching a weekly high of $61,400. Bitcoin was trading at $59,000 as of press time, based on CryptoSlate data. Liquidations The downward price movement resulted in widespread liquidations across the crypto market, with over $50 million liquidated in an hour, based on Coinglass data. The liquidation heatmap indicates that Bitcoin accounted for the…
Fed Chairman Jerome Powell’s speech at Jackson Hole today reinforced the expectations of an interest rate cut in September, as he stated that “the time has come for Fed policy to adjust.” This fueled a Bitcoin (BTC) run toward $62,000 after a 1.1% rise in the past hour. Ethereum (ETH) and Solana (SOL) followed with 0.8% and 1.1% growth respectively. Powell’s dovish stance was further indicated by his sharing that the Fed is confident that inflation will reach 2%. Moreover, the Fed Chairman said that they don’t seek further labor market cooling, and will do everything to support strong movement…
A recent post from Telegram CEO Pavel Durov has sparked speculation among the crypto community regarding his interest in the tap-to-earn game Hamster Kombat. The post has led to a wave of comments and theories about the implications of his statement, potentially signaling an unexpected collaboration between the two. Has Hamster Kombat Become the New Telegram CEO Interest? Recently, Durov shared a video about the messaging app’s new updates on his official Telegram channel. He highlighted a shift in how people interact with mini-apps. “Now people can collapse apps and switch between them. In the future, this new bottom bar…