Auto Added by WPeMatico

Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin

Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled…

Continue ReadingSilvergate Capital Purchases Diem Operations to Develop Own Stablecoin

El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet

On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the…

Continue ReadingEl Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet

Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates After Yesterday’s Rally

Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up…

Continue ReadingBitcoin, Ethereum Technical Analysis: Bitcoin Consolidates After Yesterday’s Rally