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Bitcoin Closer Complete Scarcity, Only 2 Million Left Unmined

Of the 21 million total Bitcoin availability, 19 million is already mined.  Only 2 million Bitcoin (BTC) is left to be mined. The crypto community anticipates a massive bull run amid this discovery. Bitcoin gets its value from its scarcity. This scarcity comes from Bitcoin (BTC) being a scarce resource. Since its arrival, it was made clear that there are only 21 million Bitcoin available. Due to the crypto being fungible, more than 21 million could own the digital asset.  In its earlier days, the only way to get Bitcoin was by mining Bitcoin. While Bitcoin miners were the only

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Bitcoin in Green as Exchanges Defy Russia Ban Calls
Over 10.34 Million Bitcoin Wallets Now Hold 0.01 BTC

More and more users are buying Bitcoin (BTC) this crypto winter. Over 10.34 million Bitcoin (BTC) addresses show at least 0.01 BTC in holding. During this time, El Salvador just bought 80 more Bitcoin (BTC). This crypto winter may have pushed many investors into the FUD zone, but has also opened opportunities for many. According to Bitcoin Magazine, it seems that the number of addresses holding at least 0.01 BTC have set a new ATH of over 10.34 million.  Indeed, many are seeing that Bitcoin is a great source for investing. Back when the price of Bitcoin (BTC) was high

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Binance-Bets-on-TikTok-to-Spread-the-Web3-Word-With-Khaby-Lame
Binance Bets on TikTok to Spread the Web3 Word With Khaby Lame

Binance announces a famous TikTok user as their brand ambassador. The TikTok personality in Khaby Lame, he will help educate the masses on crypto. Soon, exclusive Khaby Lame NFTs will be available. The popular crypto exchange — Binance, announces a very intriguing partnership with a TikTok star. In detail, the platform has just made TikTok user — Khaby Lame, its brand ambassador.  To highlight, the Italian-Senegalese TikTok content creator will be one of Binance’s new faces and spokesperson on the social media platform. The star went viral with his TikTok videos. Specifically, he is known for his ‘Khaby move’. Khaby

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Bitcoin Settles at $39K After Stripe Onboards Crypto
Bitcoin Charts Point to $17,500 Bottom on the Horizon

The Bitcoin Twitter community discusses a possible bottom for Bitcoin. Some say the charts are pointing to a $17,500 bottom for Bitcoin (BTC) Presently, the price of Bitcoin (BTC) is still staggering at the $20,000 area. A popular Bitcoin trader and crypto analyst sends crypto Twitter into a frenzy with his latest Bitcoin chart analysis. The main message from his charts is that Bitcoin is finally showing signs of a bottom.  In particular, he says that the Bitcoin (BTC) chart is forming an Adam & Eve pattern. In addition, he says that at the moment, the crypto is holding the

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Ripple CEO Says Coins Without Utility Will Disappear

Ripple CEO says only utility-based crypto tokens will prosper in the future.  He adds that tokens with no utility will eventually disappear.  The firm is eager to kick-off its Ripple CBDC Innovate challenge. The XRP community is abuzz on Twitter as a Ripple fan shares a video of Ripple CEO Brad Garlinghouse. The focus of the video clip is about how important utility in crypto tokens are to the CEO.  In fact, from the video clip, we can see that Garlinghouse clearly mentions how he believes that only tokens with utility will prosper. More so, he says that crypto tokens

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Crypto.com Enables Apple Pay Crypto Purchases in the USA
Crypto.com Enables Apple Pay Crypto Purchases in the USA

Crypto.com allows crypto purchase on its platform with Apple Pay. This feature is currently available to US users only. US users in US territories and the state of New York are excluded. The popular cryptocurrency exchange crypto.com announces the integration of Apple Pay onto its website and app. Thus, Apple Pay users can now begin buying cryptocurrencies on crypto.com Furthermore, these crypto purchases on the exchange can be done via the use of both debit and credit cards with Apple Pay. With this move, crypto.com is looking forward to boosting and enhancing user experience.  With Apple Pay involved in the

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Tether Being Shorted by Hedge Funds, CEO Speaks Up

Paolo Ardoino said hedge funds are shorting USDT with the hopes of recreating TerraUSD’s demise. He asserts USDT is 100% backed by the company’s US dollar reserves. Leading US dollar-based stablecoins are still changing hands at $1 per piece. It appears the stablecoin crucible has still not ended with TerraUSD (UST), as Tether CEO Paolo Ardoino revealed that Tether USD (USDT) is now the next target of hedge funds. In the thread, Ardoino mentioned USDT/USD perpetual futures as one of the “tool” for the attack. Other strategies include short-selling of the borrowed USDT in the spot market, as well as

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Bitcoin and Ethereum Smash New All-Time High at the Same Day
SEC Ditches ETH, Says Only BTC Is Commodity-Material

SEC Chairman Gary Gensler said he is willing to acknowledge Bitcoin as a commodity. People misinterpreted Gensler, claiming that he recognized Bitcoin as a commodity already. Should Bitcoin become the only commodity, then Ethereum may be considered a security. The crypto space is paying close attention to the US Securities and Exchange Commission (SEC) again, as Chairman Gary Gensler made some bold statements regarding Bitcoin. https://twitter.com/DocumentingBTC/status/1541437342401150982 As heard during the interview, Gensler is willing to acknowledge Bitcoin as the only cryptocurrency that may be considered a commodity. This effectively makes every altcoin a security in Gensler’s eyes. However, many people

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Shiba Inu Up 20% After Whale Buy, Robinhood Support
Shiba Inu Blockchain’s Public Testnet Will Arrive in Q3 2022

Shiba Inu’s Shibarium will release its public testnet this year.  In detail, the testnet will launch sometime in Q3 of 2022. Its main goal is to lower gas fees for its users across the Shiba ecosystem. Shiba Inu’s ‘Shibarium’ blockchain announces that its public testnet release is set for Q3 2022. The thrilling announcement comes from the firm working on the development — The Unification Foundation.  From the tweet above, we can see that the SHIB army is very excited by the news and is eager for the testnet’s arrival. In particular, one response talks about how once the testnet

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Coinbase Shows Mission Dedication, Financial Freedom For All
Coinbase Allows Crypto Transactions on Two Networks

Coinbase allows crypto transactions on two networks.  These networks include Polygon and Solana.  Its users now have the chance to access web3 in a much simpler form. Coinbase announces that it has begun allowing crypto transactions on two different networks. In particular, these two networks are the Polygon and Solana networks. With this move, Coinbase is improving access to Web 3.0. In detail, allowing crypto transactions on these two networks will help users access web3 in faster, cheaper, and easier conditions. Starting from now till over the next month, all eligible Coinbase customers will enjoy new perks.  These perks include

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ConsenSys Partners With Oasys for Blockchain Gaming

ConsenSys has partnered with blockchain network Oasys. The partnership will focus on providing infrastructure support for blockchain gaming. Yield Guild Games (YGG) is also taking an active role in the partnership’s success. ConsenSys has revealed its partnership with Oasys, a blockchain network created specifically for gaming. The collaboration seeks to “build better network infrastructure” for blockchain gaming. Oasys detailed the scope of the partnership in a Medium post. For instance, ConsenSys will offer infrastructure support to the Oasys network through a number of services including MetaMask. On the other hand, ConsenSys can benefit from the collaboration due to the potential

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African Nations Trialing CBDC After Nigeria’s e-Naira

South Africa and Ghana are now trialing their own CBDC. Nigeria has formally launched its e-Naira after a successful pilot that ran for months. The Bahamas is the first country in the world to launch its CBDC, followed by Nigeria. More African countries are now trialing their own central bank digital currency (CBDC) following Nigeria’s official launching of its own e-Naira. According to the International Monetary Fund (IMF), at least South Africa and Ghana are hot on the heels of Nigeria. Specifically, the South African Reserve Bank is now running tests with its wholesale CBDC. Financial institutions in the country

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