Bitcoin News and Finance: What You Need to Know

PRESS RELEASE. GemUni , a Decentralized NFTs Gaming Platform for Play To Earn, has announced that its upcoming Initial DEX Offering (IDO) will be conducted on three launchpads GameFi, Red Kite, and KrystalGO on January 19th. GemUni is building a Decentralized NFTs Gaming Platform for everyone around the world to engage in Fun, Easy, and Play to Earn NFT Casual Games and Signature Games. Users can enjoy fun games while monetizing their experiences with gaming platform rewards and GENI Pass NFTs transactions. A Great Head Start Since its announcement, GemUni has been through three months full of activities and milestones. Last December, the Grand Opening INO event, featuring guests from prominent gaming and blockchain organizations, marked the first time the GENI Pass NFTs were offered on multiple NFT marketplaces. GemUni’s GENI Pass NFTs were highly sought after by crypto and gaming enthusiasts, with thousands of GENI Pass NFTs being sold. Such a good starting point prompted GemUni...

Fidelity expects more sovereign nation states, or even a central bank, to acquire bitcoin this year. “There is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their peers,” the firm explained. Fidelity’s Crypto Predictions Fidelity Digital Assets, a subsidiary of Fidelity Investments, published a report on crypto trends and their potential future impact earlier this month. Among the trends discussed in the report is the adoption of cryptocurrency by sovereign nations. “This past year saw some major moves by world governments with regards to digital assets,” Fidelity described. The report discusses countries like China that have banned cryptocurrency and countries like El Salvador that took the opposite approach and made BTC legal tender. “We think the two developments observed this year couldn’t be more opposed. Time will certainly tell which path is more successfu...

Boxing legend Mike Tyson, aka “Iron Mike,” says he is “all in on solana.” He is now asking his Twitter followers how high the price of the cryptocurrency SOL will go. Mike Tyson Asks How High the Price of Solana Will Go Mike Tyson, one of the greatest heavyweight boxers of all time, has been active in the crypto space. After announcing last week that he is “all in” on the cryptocurrency solana (SOL), he is now asking his 5.7 million Twitter followers how high they think the price of the crypto will go. He tweeted Saturday, “How high do you think Sol will go?” While his tweet has received 2.4K comments at the time of writing, no one gave him a serious price analysis for solana. Tyson is nicknamed “Iron Mike” and “Kid Dynamite” in his early career, and later known as “The Baddest Man on the Planet.” Last week, he tweeted that he was “All in on Solana,” adding that he “Just copped a Catalina Whale.” His tweet included an image of a non-fungible token (NFT) from the Catalina Whale M...

Robinhood’s chief financial officer has revealed the popular trading platform’s crypto priority and the potential of listing more cryptocurrencies. “We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more clarity from regulators,” he emphasized. Robinhood Waiting for Regulatory Clarity The chief financial officer (CFO) of Robinhood, Jason Warnick, talked about cryptocurrency during The Wall Street Journal’s virtual CFO Network Summit last week. Commenting on retail investors’ high demand for Robinhood to list more cryptocurrencies, particularly the meme crypto shiba inu (SHIB), Warnick emphasized, “It’s not lost on us that our customers and others would like to see us add more coins.” However, the Robinhood executive stressed: We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more clarity from regulators. Compliance is a top priority at Robinhood. In December...

In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s Hardware General Manager: ‘We See Bitcoin Mining as a Long-Term Need for a Future That Is Fully Decentralized and Permissionless’ Jack Dorsey and the Block’s hardware general manager Tom Templeton discussed the company’s focus on bitcoin mining this week. Templeton explained that three months ago the Block hinted at building a bitcoin mining system and the firm has ultimately decided to step into the field. Templeton insists the goal is to make mining “more distributed and efficient in every way” and this includes maintenance, purchases, and setting up. “We’re interested because mining goes far beyond creating new bitcoin. We see it as a long-term need for a future that is fully decentralized and permissionle...