It’s too soon to talk about Bitcoin-based wages in El Salvador, Minister Rolando Castro stated. El Salvador’s Minister of Labor and Social Welfare has said that the country is not yet ready to adopt Bitcoin (BTC) for salary payments. In a Wednesday tweet, Rolando Castro denied local reports which claimed that his ministry had begun …
Continue reading “El Salvador minister says it’s too early to use Bitcoin for wages”
The COVID-19 lockdown incentivized sporting organizations to adopt fan tokens, but how useful are they for supporters? Soccer fan tokens emerged as an offshoot of the tokenization craze in cryptocurrency sometime around 2019. Essentially acting as tokenized shares of influence, fan tokens give supporters of sports organizations the chance to take part in club polls, …
Continue reading “Crypto fan tokens a mixed bag for game-deprived soccer fans”
Bitcoin Price Prediction – June 16The financial record of trade operation featuring between Bitcoin and the US Dollar presently swings northbound slightly at the upper range-bound trading zone of $40,000. Price, as of writing, trades around $40,197aat a percentage rate of about 0.45 increases. BTC/USD Market Key Levels:Resistance levels: $45,000, $55,000, $60,000Support levels: $35,000, $30,000, …
Continue reading “Bitcoin (BTC/USD) Swings Northbound Slightly”
Steve Hanke slammed El Salvador’s Bitcoin adoption as legal tender, and questioned how Bitcoin would function in day-to-day transactions. Steve Hanke, a professor of applied economics at Johns Hopkins University, has warned that El Salvador’s recent adoption of Bitcoin (BTC) as legal tender has the potential to “completely collapse the economy.” Steve Hanke served as …
Continue reading “Steve Hanke warns BTC could ‘completely collapse the economy’ of El Salvador”
More than 70% of UK crypto investors surveyed reported a profit. A new survey suggests Brits have become more eager to invest in cryptocurrencies than in traditional stocks and shares-based investments. UK investment firm AJ Bell’s survey found that 7% of British adult respondents reported they had bought crypto over the last year, compared to …
Continue reading “More Brits bought crypto than shares last year new survey suggests”
More publicly traded firms added Bitcoin to their treasuries during the first four months of 2021 than during the entirety of last year. But will it continue? More than $6.5 billion worth of BTC — or close to 1% of the crypto asset’s entire capitalization — is held by 19 publicly-listed companies. A further 5.75% …
Continue reading “Listed companies, trusts and ETPs now control almost 7% of the Bitcoin supply”
The celebrity influencer Kim Kardashian posted about a project called Ethereum Max on Instagram this week by sharing an advertisement with her 228 million followers. The project Ethereum Max has also been promoted by former Boston Celtics forward Paul Pierce and professional boxer Floyd Mayweather. Kim Kardashian Follows Mayweather and Pierce by Shilling Ethereum Max …
The chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of legality and rational choice for (market) operators,” he said. Chairman of Italy’s Securities Regulator Sees Issues With Unregulated Cryptocurrency Market The chairman of the Commissione …
Continue reading “Italy’s Financial Watchdog Raises Concerns Over Unregulated Cryptocurrency Market”
Personal finance guru and best-selling author Suze Orman has given advice on how to invest in bitcoin. She likes the cryptocurrency as a long-term investment despite regulatory uncertainty and the influence Tesla CEO Elon Musk seems to have on the bitcoin market. Suze Orman’s Bitcoin Investing Advice Suze Orman has shared her bitcoin investment strategy …
Continue reading “Finance Guru Suze Orman Likes Bitcoin Despite Regulation, Elon Musk Effect”
The price of shiba inu cryptocurrency got a boost Tuesday after Coinbase announced that the meme crypto will start trading on Coinbase Pro as early as this week. This announcement follows Coinbase adding trading for dogecoin. Coinbase Pro Adds Shiba Inu Trading Following the listing of the meme cryptocurrency dogecoin (DOGE) early this month, Coinbase …
Continue reading “Shiba Inu Coin Price Soars as Coinbase Pro Announces SHIB Cryptocurrency Trading”
Fox has announced a $100 million fund under its NFT firm Blockchain Creative Labs, and is set to launch a range of NFT content, digital goods, and assets. Rupert Murdoch’s mass media company Fox Corp. has launched a $100 million creative fund for NFTs, under the auspices of its ne NFT firm Blockchain Creative Labs. …
Continue reading “Fox launches $100M creative fund for NFT content creation”
DOT emerged as one of the best-performing tokens week-to-date as traders’ focus shifted to its listing on Coinbase Pro and Kusama’s first-ever parachain auction, set to go live on June 15. Polkadot’s DOT coin has witnessed massive upside moves recently as traders assess the cryptocurrency’s entry into the United States-based digital assets trading platform Coinbase …
Continue reading “Polkadot price soars 37% after Coinbase Pro DOT listing, first parachain auction”
B.Protocol says v2 will optimize liquidations of “big debt” with significantly smaller capital requirements on decentralized finance lending platforms. Decentralized finance service B.Protocol has announced plans for a new version that will improve the liquidation of undercollateralized loan positions on lending platforms. In a release issued on Tuesday, the backstop liquidity protocol for DeFi lending …
Continue reading “B.Protocol announces v2 platform for DeFi liquidations”
Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range. While speaking at the Virtual Fintech Forum in Hong Kong on May 27, Ethereum co-founder Vitalik Buterin commented on obstacles related to the Ethereum 2.0 rollout. Buterin said that there had been several internal team conflicts …
Continue reading “Ethereum price bounce to $2.6K fails to excite neutral-to-bearish pro traders”
“Adoption has never been affected and never been stopped. The right product always gets adopted irrespective of market conditions,” said Pushkar Vohra, CEO of Pandora Protocol. Pandora Finance, a decentralized platform for NFT-backed real-world assets, recently completed a multi-million dollar seed round backed by some of the biggest venture capital firms in the blockchain space. …
Continue reading “Pandora Finance’s $2.4M raise helps spearhead open finance protocol”
