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Bitcoin Latinum launches world’s first Bitcoin Enabled NFT platform in partnership with Unico NFT

pandora
4 minutes

Palo Alto, CA / November 28, 2021 / SEAPRWire / – Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, in partnership with Unico NFT, is launching an NFT marketplace that features thousands of digital artwork that can be bought and sold exclusively with Bitcoin (BTC) and Bitcoin Latinum (LTNM). This is the world’s first platform that enables the option of buying, selling and trading NFTs using cryptocurrencies other than Ethereum type currencies. Using a patent pending technology, Unico provides ways to purchase NFT using Bitcoin and Bitcoin Latinum. This will open up new opportunities for people who want to own digital artwork or collectibles and also unlocks the huge liquidity available in the whole crypto space. It will also solve the typical problems of using the Ethereum blockchain such as high fees and low transaction speed. Monsoon Blockchain, the blockchain development platform behind Bitcoin Latinum, has been trying to disrupt the crypto industry with innovative technological solutions. In an effort to make an advancement in the latest NFT space, the platform has partnered with Unico to launch a decentralized NFT marketplace called UnicoNFT. T...

ACN Newswire
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巴塞尔艺术展期间，Bitcoin Latinum推出NFT项目燃爆迈阿密

tallulah
1 minute

PALO ALTO, CA, Nov 27, 2021 - (亚太商讯 via SEAPRWire.com) - 下一代、被保险的、有资产支持的加密货币Bitcoin Latinum（LTNM）将成为DCentral Miami会议的冠名赞助商。这是历史上最大的真人现场参加的NFT和DeFi大会。会议将于2021年11月30日至12月1日在迈阿密机场会议中心（MACC）举行。DCentral Miami引领着巴塞尔艺术展，它是美国最大的艺术活动之一。DCentral Miami将邀请300多位发言人、行业名人、专业运动员、艺术家和世界上最大的加密货币投资者在五个舞台上进行会谈，如Bitcoin Latinum的DeFi峰会舞台、Gala Games的NFTCON舞台，以及Epik Prime和The Sandbox的360度投影Metaverse Dome。互动会议和博览会将拥有超过100个展位，在数字时尚角、四个NFT艺术画廊、PFP小巷、现场VR艺术、NFT研讨会和超过15个区块链游戏公司的Play-to-Earn游戏展示区中进行体验。以太坊和Consensys联合创始人Joseph Lubin、机器人Sophia、前NBA全明星球员Baron Davis、2020年奥运会金牌得主 "最快的女人 "Elaine Thompson-Herah和YouTuber BitBoy等知名发言人将参加会议。DCentral的门票在这里出售 https://www.eventbrite.com/e/dcentral-miami-nft-defi-conference-tickets-170044827657 Bitcoin Latinum将于12月1日星期三在迈阿密巴塞尔艺术展上以NFT铸币和标志性体育活动GENESIS为2021年巴塞尔艺术展揭幕。GENESIS标志着Bitcoin Latinum和TapStats, Inc.之间的新伙伴关系，重新定义了球迷参与和体育经济。GENESIS NFT平台利用创作者、运动员和参与者的力量，使体育赛事具有娱乐性和吸引力的内容。社交达人、超级粉丝、名人、偶像、教练以及更多的人可以化身超级运动员战士，在游戏化的元宇宙中，积极开发NFT价值，并通过实时互动和加密技术不断扩展粉丝群。Genesis活动由创始人Don Basile博士（Bitcoin Latinum）和Sensei Paul Misir（TapStats）主持，MMA超级明星Paige VanZant和40多位Instagram模特的主要影响者也参加了活动，地点在迈阿密的Mr.Jones（320 Lincoln Rd, Miami Beach, FL 33139）热点地区。GENESIS项目信息可以在 https://www.tapstats.live/位于加利福尼亚...

ACN Newswire
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Bitcoin Latinum Takes Over Miami with NFT Events During Art Basel

indie
4 minutes

PALO ALTO, CA, Nov 27, 2021 - (ACN Newswire via SEAPRWire.com) - Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, will be the title sponsor of the DCentral Miami Conference, the largest in-person combined NFT and DeFi conference in history, taking place on November 30 to December 1, 2021 at the Miami Airport Convention Centre (MACC). DCentral Miami leads off Art Basel, one of the biggest art events in the United States. DCentral Miami will host over 300 international speakers, celebrities, professional athletes, artists, and the world's biggest crypto investors for talks across five stages such as the DeFi Summit stage by Bitcoin Latinum, NFTCON stage by Gala Games, and the 360-degree projection Metaverse Dome by Epik Prime and The Sandbox. The interactive conference and expo will boast over 100 booths with experiences in the Digital Fashion Corner, four NFT Art Galleries, a PFP Alley, Live VR Art, NFT workshops, and over 15 blockchain gaming companies in the Play-to-Earn Games Showcase.Notable speakers such as Ethereum and Consensys Co-Founder Joseph Lubin, Sophia the Robot, Former NBA All-Star Baron Davis, 2020 Olympic Gold Medalist "Fastest Woma...

SeaPRwire

Bitcoin bond on horizon sends El Salvador’s dollar debt diving

elean
4 minutes

NEW YORK (BLOOMBERG) - Plans for a US$1 billion (S$1.36 billion) Bitcoin bond in El Salvador sent the nation's US dollar-denominated bonds to an all-time low. El Salvador's dollar denominated notes due in 2050 fell 2.2 cents to 64.4 cents on the US dollar on Monday (Nov 22), the lowest ever. The Central American country's debt was among the world's worst performers on Monday as investors considered whether President Nayib Bukele's plan to sell sovereign Bitcoin bonds closes the door on a deal with the International Monetary Fund (IMF). El Salvador's progress with the IMF has soured since May, when Bukele's party took over the assembly and fired five top judges and the attorney general. His policies, including the adoption of Bitcoin as legal tender, have been repeatedly criticized by the multilateral lender. "This announcement cements the 'anything-but-the-IMF' path," said Nathalie Marshik, a Stifel Nicolaus & Co managing director. Bonds are falling "as the market reassesses possible recovery value lower on unpredictability of policies." The nation's debt is trading in distressed territory, with investors now demanding 1,168 basis points in extra yield to hold El Salvador's dollar ...

SeaPRwire

Bitcoin Latinum与Vast Bank合作拓展加密货币业务

aseanpr
1 minute

Palo Alto, CA – 新一代被保险的、有资产支持并具备安全性的加密货币Bitcoin Latinum宣布与Vast Bank建立战略合作伙伴关系，Vast Bank是一家值得信赖的家族式金融机构，自1982年以来为客户提供服务。该战略关系聚焦于Vast Bank、Bitcoin Latinum和Monsoon Blockchain Corporation（Bitcoin Latinum的主要开发商）之间的协同、资金流和机会整合。以上合作的基础是通过Bitcoin Latinum作为托管货币来实现的。 "Monsoon Blockchain Corporation首席执行官Donald Basile博士说："非常高兴地宣布，我们与业界领先的Vast Bank的突破性合作。"他们将把区块链技术带入银行金融体系，使消费者能够获得更环保、更快速、更安全的比特币资产。" 站在加密货币整合的最前沿，Vast Bank的客户可以使用Vast Bank加密银行的移动应用程序从美国境内的任何地方购买和出售加密货币。今年早些时候，Vast Bank成为美国第一家为客户提供与传统支票账户一起买卖加密货币能力的全国性特许银行，为客户顶级金融机构同样便利的个性化服务。 Vast Bank旨在通过让客户在一个高科技和安全的用户界面上同时管理他们的银行和加密货币账户，并由世界一流的软件提供支持，为加密货币交易扁平化设立一个新的标准。Vast Bank加密货币银行服务由Vast与Coinbase和SAP的整合提供支持。 "近40年的历史中，我们对客户服务的承诺是我们一切工作的核心。经常有客户询问我们是否可以使用银行账户安全地购买比特币和其他加密货币，因此，我们开发了一个端到端的解决方案，使他们能够在信任的平台上进行交易"，Vast Bank的首席执行官Brad Scrivner说，"我们很高兴探索与Bitcoin Latinum的合作，客户对于可以托管的数字资产将有更多的选择。" Bitcoin Latinum目前在DigiFinex和Hotbit交易所公开交易，股票代码为LTNM。Monsoon Blockchain Corporation已宣布计划在2021年底前让Bitcoin Latinum正式在十个顶级公共交易所上市。除了DigiFinex和Hotbit之外，这些交易所是。HitBTC（按交易量计算为40亿美元的第五大交易所）、FMFW（前身为Bitcoin.com，以33亿美元的日交易量运营）、Changelly（日交易量27.1亿美元）、Bitmart（日交易量16亿美元）、AAX交易所（日交易量13亿美元）、LBank交易所（日交易量13.5亿美元）、Changelly Pro和XT.com。 与其他加密资产不同，LTNM是有保险的，并由现实资产和数字资产支持。它...

SeaPRwire
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Bitcoin Latinum Partners with Vast Bank to Expand Crypto Banking

pandora
5 minutes

Palo Alto, CA / November 15, 2021 / SEAPRWire / – Bitcoin Latinum, the secure, next-generation, insured, asset-backed cryptocurrency announces the commencement of a strategic partnership with Vast Bank, a trusted family-owned financial institution serving customers since 1982. The partnership will focus on opportunities for collaboration, deal flow, and integration among Vast Bank, Bitcoin Latinum, and Monsoon Blockchain Corporation (Bitcoin Latinum’s lead developer) all through the support of Bitcoin Latinum as a custodial currency. “We are very excited to announce our latest groundbreaking partnership with the industry leading Vast Bank,” said Monsoon Blockchain Corporation CEO, Dr. Donald Basile. “Their efforts to bring the promise of blockchain technologies to the banking system will allow consumers access to a greener, faster, and more secure version of Bitcoin.” Standing at the forefront of cryptocurrency integration, customers of Vast Bank can buy and sell cryptocurrencies from any location within the U.S. using the Vast Bank Crypto Banking mobile app. Earlier this year, Vast Bank became the first nationally chartered bank in the U.S. to offer customers the capability to buy...

SeaPRwire

Bitcoin jumps past US$67,000 for first time to all-time high

elean
2 minutes

NEW YORK (BLOOMBERG) - Bitcoin jumped past US$67,000 for the first time to a new all-time high, part of a wider recent rally in the cryptocurrency sector. The world's largest digital coin by market value gained as much as 2.5 per cent on Tuesday (Nov 9) to US$67,778, taking out the last record set on Oct 20 at just below US$67,000. The climb in cryptocurrencies overall has taken their combined value above US$3 trillion (S$4 trillion). "This breakout in Bitcoin might signal the start of a final push-up for the fourth quarter before the crypto market shows more pronounced consolidation into next year," Fundstrat said in a technical-strategy report on Monday. "Strength in Bitcoin, Ethereum and many other altcoins looks likely in the weeks to come." Bitcoin hit its October record following the launch of the first Bitcoin-linked exchange-traded fund for US investors. The ProShares Bitcoin Strategy ETF, which tracks Bitcoin futures, drew more than US$1.2 billion in volume on its debut. The little more than decade-old market for digital assets has already roughly quadrupled from its 2020 year-end value. Bitcoin has gained over 130 per cent year-to-date. The ride was volatile: The token pl...

SeaPRwire

Bitcoin Latinum (LTNM)在DigiFinex交易所上市，涨幅超过200%

aseanpr
1 minute

Palo Alto, CA - 新一代被保险的、有资产支持的加密货币Bitcoin Latinum (LTNM)已正式在DigiFinex交易所上市。在开盘第一个小时内，上涨超过200%。 Bitcoin Latinum 为DigiFinex 成功上市而欢庆的同时，也致谢所有支持该项目的人。 Bitcoin Latinum的主要开发者Monsoon Blockchain宣布了Bitcoin Latinum 在七个顶级数字资产交易所正式上市的计划，股票代码为LTNM。交易所包括： - DigiFinex - HitBTC（按交易量计算为40亿美元的第五大交易所） - FMFW（前身为Bitcoin.com，日交易量为33亿美元） - Changelly（日交易量为27.1亿美元） - Changelly Pro、 - Bitmart（日交易量为16亿美元） - XT.com 关于DigiFinex DigiFinex总部设在新加坡，在全球拥有400多万用户，可以被150个国家的用户访问。DigiFinex的日交易量约为10亿美元，是评级最高的全球加密货币交易所之一，提供现货、杠杆、永久交易和法币到加密货币交易。此外，DigiFinex为其用户群提供无可比拟的24/7客户服务。关于DigiFinex的更多信息，请访问https://www.digifinex.com/ 关于Bitcoin Latinum Bitcoin Latinum是作为一种开放架构的加密货币技术而建立的，支持海量交易、安全网络和数字资产管理。，Bitcoin Latinum由Monsoon Blockchain基于Bitcoin生态系统。LTNM是一个更绿色、更快速、更安全的Bitcoin版本，并准备对数字交易进行革新。 与其他加密资产不同，LTNM是有保险的，并由现实资产和数字资产支持。它背后的支持方是采用基金模式的，因此基础资产价值会随着时间的推移而增加。它通过将80%的交易费存回支持货币的资产基金，来加速这种资产支持的基金增长。因此，Bitcoin Latinum被采用得越多，它的资产基金增长得越快，形成了一种自我膨胀的货币。在DigiFinex上市充分体现了Bitcoin Latinum基金会对支持可持续加密货币生态系统发展的承诺。 Bitcoin Latinum开发了一个高度可扩展的网络，最初将支持每秒10,000次交易和每天数百万次交易频次，从而促进零售交易。凭借其股权证明（PoS）共识方法，Bitcoin Latinum确保网络以较低的交易费用促进每分钟更多的交易。利用高效的共识机制，Bitcoin Latinum提供了一个比Bitcoin更好的链上支付网络，平均交易确认时间为3-5秒。 LTNM是目前最绿色的加密货币之一，最近加入了加密货币气候协议。利用其先进的权益证明（Po...

ACN Newswire
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Bitcoin Latinum (LTNM) Launches on DigiFinex rising 200% in first hour of trading

indie
3 minutes

PALO ALTO, CA, Oct 27, 2021 - (ACN Newswire via SEAPRWire.com) - Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, has officially listed on the DigiFinex exchange, opening over 200% in its first hour of trading. Bitcoin Latinum congratulates DigiFinex on a successful launch, and everyone who has supported the project.Monsoon Blockchain, Bitcoin Latinum's lead developer, has announced plans for Bitcoin Latinum to officially list on seven top-tier public exchanges, under the ticker LTNM. In addition to DigiFinex, the exchanges are: HitBTC (the fifth largest exchange by volume at $4 billion), FMFW (formerly Bitcoin.com and operating with $3.3 billion in daily trading volume), Changelly ($2.71 billion in daily volume), Changelly Pro, Bitmart ($1.6 billion in daily volume), and XT.com by the end of 2021.Headquartered in Singapore, DigiFinex boasts over 4 million users across the globe, and can be accessed by users in 150 countries. With daily trading volume around $1 billion, DigiFinex is one of the top rated global cryptocurrency exchanges that offers spot, leverage, perpetual trading, and fiat to crypto trading. In addition, DigiFinex offers unparallel...

SeaPRwire
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Bitcoin Latinum (LTNM) Launches Trading on DigiFinex up over 200%

pandora
4 minutes

Palo Alto, CA / October 26, 2021 / SEAPRWire / – Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, has officially listed on the DigiFinex exchange, opening over 200% in its first hour of trading. Bitcoin Latinum congratulates DigiFinex on a successful launch, and everyone who has supported the project. Monsoon Blockchain, Bitcoin Latinum’s lead developer, has announced plans for Bitcoin Latinum to officially list on seven top-tier public exchanges, under the ticker LTNM. In addition to DigiFinex, the exchanges are: HitBTC (the fifth largest exchange by volume at $4 billion), FMFW (formerly Bitcoin.com and operating with $3.3 billion in daily trading volume), Changelly ($2.71 billion in daily volume), Changelly Pro, Bitmart ($1.6 billion in daily volume), and XT.com by the end of 2021. Headquartered in Singapore, DigiFinex boasts over 4 million users across the globe, and can be accessed by users in 150 countries. With daily trading volume around $1 billion, DigiFinex is one of the top rated global cryptocurrency exchanges that offers spot, leverage, perpetual trading, and fiat to crypto trading. In addition, DigiFinex offers unparalleled 24/7 custom...

SeaPRwire

Bitcoin futures ETF debuts as second-highest traded fund ever

elean
3 minutes

NEW YORK (BLOOMBERG) - The first Bitcoin-linked exchange-traded fund (ETF) listed in the United States has debuted as the second-most heavily traded fund on record in a watershed moment for the cryptocurrency industry. The ProShares Bitcoin Strategy ETF - trading under the ticker BITO - rose about 4.9 per cent to US$41.94. More than 24 million shares changed hands on Tuesday (Oct 19), according to data compiled by Bloomberg. Due to the way the fund settles trades, net flows into or out of the product will probably not be known until overnight on Wednesday. With a turnover of almost US$1 billion (S$1.35 billion), BITO's debut ranked only behind a BlackRock carbon fund for a first day of trading, the latter of which ranks higher due to pre-seed investments, according to analyst Athanasios Psarofagis at Bloomberg Intelligence. Bloomberg also reported that options on BITO will begin trading on the New York Stock Exchange (NYSE) Arca Options and NYSE American Options markets on Wednesday. Meanwhile, Bitcoin made a run at its record high of just under US$65,000. "From our conversations with market participants, I think it's related to the growing belief, as the trading day goes on, that ...

SeaPRwire

Bitcoin tops US$60,000, a six-month high, on US ETF expectations

elean
4 minutes

LONDON/NEW YORK/HONG KONG (REUTERS)- Bitcoin topped US$60,000 for the first time in six months on Friday, nearing its all-time high, as hopes grew that United States regulators would allow a futures-based exchange-traded fund (ETF), a move likely to open the path to wider investment in digital assets. Cryptocurrency investors have been waiting for approval of the first US ETF for Bitcoin, with bets on such a move fuelling its recent rally. The world's biggest cryptocurrency rose to US$61,869.05, its highest since mid-April, and was last up 6.9 per cent at US$61,346. It has risen by more than half since Sept 20 and is closing in on its record high of US$64,895, hit in April. The US Securities and Exchange Commission (SEC) is set to allow the first American Bitcoin futures ETF to begin trading next week, Bloomberg News reported on Thursday. Such a move would open a new path for investors to gain exposure to the emerging asset, according to traders and analysts. "Crypto ETFs are inevitable. A product like this will eventually come to fruition since there is a demand for it," said Mr Chris Kline, chief operating officer and co-founder of Bitcoin IRA. "It seems clear that regulators wil...

SeaPRwire

Bitcoin pierces US$57,000 as traders resume push for record highs

elean
3 minutes

NEW YORK (BLOOMBERG) - Bitcoin climbed above US$57,000 for the first time since May as speculators bet that the largest cryptocurrency will retest the record highs reached earlier this year. The digital currency rose as much as 4.3 per cent to US$57,829 on Monday (Oct 11) in New York before paring gains. It reached almost US$65,000 in April, and has roughly doubled this year. The Bloomberg Galaxy Crypto Index increased as much as 2.4 per cent on Monday. As in past rallies, a myriad of reasons are being cited for the latest surge, from an easing of concern about regulatory efforts in the United States and China, as well as renewed optimism about a possible US Securities and Exchange Commission approval of a Bitcoin exchange-traded fund. Investors are particularly excited that a Bitcoin futures ETF may be soon green-lighted by the US regulator, as SEC chair Gary Gensler has signaled openness to a fund focused exclusively on the derivatives-based product. "A lot of investors and advisors have had crypto on their to-do list, and are finally making the move with allocations that start with Bitcoin," or crypto funds like the Bitwise 10 that invest heavily in Bitcoin, said Hunter Horsley,...

SeaPRwire

Bitcoin jumps, hits US$50,000 again on more institutional demand

elean
3 minutes

NEW YORK/LONDON (REUTERS) - Bitcoin, the world’s largest cyrptocurrency in terms of market value, rose on Tuesday (Oct 5), passing the US$50,000 mark for the first time in four weeks and adding to gains this month on mounting institutional interest. In early September, bitcoin fell below US$50,000 during a broad selloff in shares of cryptocurrency and blockchain-related firms. It fell further in September, hitting a low of US$40,596 on Sept 21. On Tuesday, bitcoin rose as high as US$50,808.25. It was last up 2.6 per cent at US$50,498. Smaller coins, which tend to move in tandem with bitcoin, were also up. Ether rose 1.5 per cent to US$3,434 and XRP was up 2.2 per cent at US$1.0656. Market participants cited the increase in institutional crypto services from banks and financial institutions to cope with rising investor demand, as one factor driving bitcoin’s surge. On Tuesday, US Bancorp announced it launched a cryptocurrency custody service for institutional investment managers who have private funds in the United States and Cayman Islands. On Monday, Bank of America published its first research coverage focused on cryptocurrencies and other digital assets as other mainstream finan...

SeaPRwire
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Bitcoin Latinum (LTNM) Announces Upcoming Public Listing on DigiFinex Exchange

pandora
5 minutes

Palo Alto, CA / SEAPRWire / September 29, 2021 /- Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, is announcing it will list on DigiFinex, one of the world’s largest cryptocurrency exchanges, in the third week of October. Monsoon Blockchain, Bitcoin Latinum’s lead developer, plans for the token to list on a number of top global exchanges in the upcoming months. Headquartered in Singapore, DigiFinex boasts over 4 million users across the globe, and can be accessed by users in 150 countries. LTNM will be available for trading with BTC and USDT pairs and official trading is expected to start around the week of Oct 21, 2021. The DigiFinex listing will be the first of a half dozen exchanges, which plan to list LTNM before the end of 2021. Bitcoin Latinum was built as an open-architecture cryptocurrency technology, capable of handling large transaction volume, cybersecurity, and digital asset management. Based on the Bitcoin ecosystem, Bitcoin Latinum was developed by Monsoon Blockchain Corporation on behalf of the Bitcoin Latinum Foundation. LTNM is a greener, faster, and more secure version of Bitcoin, and poised to revolutionize digital transactions....

SeaPRwire
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Monsoon Blockchain Powers the Next Generation Cryptocurrency Ecosystem for Bitcoin Latinum

pandora
6 minutes

Palo Alto, CA / SEAPRWire / September 28, 2021 /- Monsoon Blockchain Corporation, an innovative blockchain company based in Palo Alto, California, is announcing the next generation digital cryptocurrency ecosystem for powering Bitcoin Latinum. Bitcoin Latinum is an insured, asset-backed cryptocurrency. Based on the Bitcoin ecosystem, Bitcoin Latinum is greener, faster, more secure, and poised to revolutionize digital transactions. Monsoon Blockchain serves as the prime developer of the Bitcoin Latinum network on behalf of the Bitcoin Latinum Foundation. Bitcoin Latinum was built as an open-architecture cryptocurrency technology, capable of handling large transaction volumes, cybersecurity, and digital asset management. Monsoon Blockchain is unveiling Bitcoin Latinum’s official attributes, differentiating factors, and major-use advantages, which include the following areas: Increased Transaction Volume Bitcoin Latinum offers a highly scalable network that will initially support up to 10,000 transactions per second and millions of transactions per day to facilitate retail transactions. Its scalable architecture allows for increases in transaction rates to meet demand. With its Proof ...

SeaPRwire

Bitcoin uses more energy than some countries

elean
5 minutes

(NYTIMES) - Cryptocurrencies have emerged as one of the most captivating, yet head-scratching, investments in the world. They soar in value. They crash. They'll change the world, their fans claim, by displacing traditional currencies like the dollar, rupee or ruble. And in the process of simply existing, cryptocurrencies like Bitcoin, one of the most popular, use astonishing amounts of electricity. The process of creating Bitcoin consumes around 96 terawatt-hours of electricity annually, more than is used by the Philippines, a nation of about 110 million. That usage, which is close to half a per cent of all the electricity consumed in the world, has increased about tenfold in just the past five years. The Bitcoin network uses about the same amount of electricity as Washington state does in a year. And more than one-third of what residential cooling in the United States uses up. Indeed, it uses up more than seven times as much electricity as all of Google's global operations. Why is it so energy-intensive? For a long time, money has been thought of as something you can hold in your hand - say, a dollar bill. A government prints some paper and guarantees its value. On the Internet, t...

SeaPRwire

Bitcoin drops to lowest in month as El Salvador roll-out falters

elean
4 minutes

NEW YORK (BLOOMBERG) - Bitcoin plunged as much as 17 per cent to its lowest level in a month as El Salvador's crypto roll-out got off to a rocky start. The largest cryptocurrency fell as low as US$43,050 in New York on Tuesday (Sept 7), tumbling more than 10 per cent in the course of an hour, before recouping about half the losses. The Bloomberg Galaxy Crypto Index, which tracks some of the largest digital tokens, lost as much as 19 per cent at one point. "Mystery selloffs, or selloffs where a legitimate reason is only found a significant while later are much more common in crypto than in other asset classes," said Stephane Ouellette, chief executive and co-founder of FRNT Financial. "The market remains far more opaque and global than most if not all other notable asset classes." The swiftness of the plunge was likely accelerated as more than 336,000 traders had their accounts liquidated over the past 24 hours, equal to around US$3.6 billion (S$4.85 billion) worth of crypto, according to data from Bybt, a crypto futures trading and information platform. The retreat comes as Bitcoin faces one of its biggest test in its 12-year history as El Salvador became the first country to adopt...

SeaPRwire

El Salvador president unveils 400 Bitcoin buy, price jumps

elean
2 minutes

SAN SALVADOR(REUTERS, BLOOMBERG) -El Salvador holds 400 Bitcoins, President Nayib Bukele said on Monday (Sept 6), one day before the country formally adopts it as legal tender alongside the United States dollar. The currency has a market value of about US$20 million (S$26.8 million) at current prices. Bitcoin temporarily climbed above 1.49 per cent to more than US$52,680 on Monday evening, Refinitiv Eikon data showed, with a Reuters market analyst putting it on track for US$56,000-US$56,300. The country plans to buy “a lot more” of the coins, Mr Bukele said in a separate post, after buying the first batch of 200. El Salvador is due to legalise Bitcoin on Sept 7, a move that the popular Mr Bukele said will save Salvadorans living abroad millions of dollars in commissions on money they send home. But polls show Salvadorans are sceptical about using Bitcoin, wary of the volatility of the cryptocurrency that critics say could increase regulatory and financial risks for financial institutions. Enthusiasts and detractors alike will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the US dollar, and whether it...

SeaPRwire

Bitcoin Latinum与世界知名的The h.wood集团合作进行区块链扩展

aseanpr
1 minute

Palo Alto, CA / SEAPRWire / August 13, 2021 / - Bitcoin Latinum 是下一代保险比特币分叉，具有海量交易量、数字资产管理、网络安全和容量，宣布与洛杉矶豪华酒店和生活方式公司 The h.wood Group 建立合作伙伴关系。 该合作涉及交叉推广营销、活动赞助、代言，以及在h.wood集团的高档夜生活和餐饮场所的多元化组合中接受Bitcoin Latinum的服务、产品和设施。除了比特币和以太坊代币外，客人还可以选择用Bitcoin Latinum无缝支付餐费、饮料、食物和商品。 The h.wood集团由成功的企业家John Terzian和Brian Toll创立，旗下包括独立经营的的餐厅、娱乐场所、酒店和俱乐部遍布全球。该品牌包括餐厅The NICE GUY、Delilah LA、Delilah Las Vegas at Wynn Resorts、Delilah Miami、SLAB、Mason、Petite Taqueria，以及娱乐场所包括Blind Dragon、Bootsy Bellows、Poppy、The Peppermint Club、SHOREbar、40 LOVE和FOUND Hotels。h.wood集团已经获得了多个奖项和国际认可。h.wood集团运营的场所也受到了名人和网红的欢迎。Bitcoin Latinum将区块链技术运用于h.wood运营，将带来了新的商业机会。 "作为企业家，布莱恩和我总是着眼于未来，而不是拘泥于旧的方式。我们一直在观察、学习和适应。从多个角度看，加密货币和区块链都是未来的趋势，我们希望h.wood集团能够走在时代前端。Terzian说："我们对与Bitcoin Latinum的合作感到兴奋。 加密货币支付已经在各行各业获得了更广泛认同。主要的信用卡发行商Visa和Mastercard都推出了用户购买和使用比特币和以太坊等加密货币进行交易的能力。根据Statista的数据，美国拥有比特币ATM机和店内支付选项的公司数量比世界上任何其他国家都多，大约有6000家企业。在德勤公司最近的一项调查中，56%的企业表示他们的组织将在未来12个月内进行至少50万美元的区块链投资。 Bitcoin Latinum是一种增强型比特币分叉。 Bitcoin Latinum算法和基础设施打破了加密货币交易和应用的障碍和速度限制。Bitcoin Latinum代币是区块链生态系统的一部分，被媒体、游戏、存储、云和电信领域的众多公司采用。 Bitcoin Latinum代币将由消费者在这些合作伙伴、供应商网络中的每一个节点上互换使用。此外，Bitcoin Latinum有望将比特币交易手续费从美元级别降低至美分级别。 亚洲首屈一指...