BlackRock’s iShares Bitcoin Trust (IBIT) from major asset manager BlackRock has seen investments increase for the 70th day in a row, with an inflow of $62.2 million on April 22, based on data from Farside Investors. The current run of positive $IBIT inflows has lasted for 69 consecutive days. With just one more day, it … Read more
Christopher Stanley, the Chief Information Security Officer at X Payments, has announced exciting plans for enhancing the platform’s payment functionalities. Instead of just offering “tipping,” X Payments aims to develop a robust in-app wallet that enables users to store and transfer funds to any other X Payments user. Instead of merely transferring funds as tips, … Read more
PayPal is making waves in the Bitcoin mining community by proposing an innovative solution to make the process more eco-friendly. In collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain Research Team is introducing a fresh idea called “cryptoeconomic incentives.” Excitedly, we’re sharing the news: EnergyWebX and Green Proofs for Bitcoin (#GP4BTC) are teaming … Read more
According to Reuters, Venezuela’s government-owned oil company PDVSA is moving faster to sell its crude oil using Tether in order to prevent the possibility of having their earnings held in foreign banks due to renewed US oil sanctions. Venezuela’s oil trade is currently being impeded by the U.S. Treasury’s latest action, which necessitates obtaining individual … Read more
The cryptocurrency market in the Middle East is experiencing a significant increase, with approximately 500,000 daily traders, based on Bitget’s latest findings. Notably, the UAE’s lenient regulations towards crypto have been a major draw for traders in the region. Additionally, according to research, users active on the blockchain are gravitating towards platforms that support gaming, … Read more