One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction the digitally represented items on Binance’s non-fungible token (NFT) marketplace. Uganda …
Monthly archives: June 2021
3 Cryptocurrencies to Buy That Boasted Prices up 20% When all Was Red
We reveal the 3 cryptocurrencies to buy that showed striking outperformance in yesterday’s (Tuesday 8th June) bearish market action. The cryptocurrency industry has suffered some significant setbacks, especially since May’s market downturn. Market prices are still struggling to climb their way back, and anyone trying to invest in crypto might be having second guesses. Several …
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Litecoin Price Prediction: LTC/USD Fluctuates in Range Zones
Litecoin Fluctuates in Range Zones – June 9The LTC/USD worth now fluctuates in range zones of $200 and $150 after making a failing attempt to push down past the lower range value of the market. The crypto market’s price is now seen trading around the level of $158 not being too far from the lower …
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Is a new decentralized internet, or Web 3.0, possible?
A paradigm shift that will transform the digital economy: It is the internet itself that offers the services, not a few private operators. The time has come to fight against the dominance of the internet giants. In Europe, various regulations have been announced that aim to force these giants to respect more healthy rules of …
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Bitcoin price gains 6% as Bloomberg analyst favors $40K over $20K next
The odds are on for a continuation to $40,000, Mike McGlone argues, but not everyone is so sure. Bitcoin (BTC) is “more likely” to hit $40,000 than $20,000, Bloomberg argues, as the largest cryptocurrency gains 6% in a day. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView McGlone eyes “enduring bull market bottom” Data from Cointelegraph …
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Solana Labs raises $314M via private token sale as ecosystem support expands
Andreessen Horowitz and Polychain Capital led the raise, with additional contributions from Alameda Research, Blockchange Ventures, CMS Holdings, Coinfund, CoinShares, Collab Currency, Memetic Capital and many others. Cryptocurrency venture capital funds have poured hundreds of millions of dollars into Solana Labs to support further development and execution of decentralized applications and platforms building on Solana. …
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MicroStrategy gets $1.6 billion in orders in junk bond offering
The firm initially sought a $400-million bond offering. Software firm MicroStrategy saw $1.6 billion worth of orders in a recent junk bond offering — four times the initially sought amount. Earlier this week, the company announced it would issue $400 million worth of junk bonds in a private offering, with a view to using the proceeds to …
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Bitcoin’s 50-Week MA Could Produce a Nice Relief Rally – BTC Analyst
Bitcoin’s symmetrical triangle has broken to the downside Bitcoin continues to trade below the 200-day moving average A death cross is on the horizon for Bitcoin However, the 50-week moving average could produce a relief rally at the $28k – $29k price area Bitcoin (BTC) could be gearing up for a relief rally at the …
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Solana Leaps 16% to $43 – How to Buy SOL
The Solana price has been picking up in recent months as retail and institutional investors begin to appreciate the value of its unique protocol. The Solana network was launched in March 2020, and it has already solved the scalability problem that the Ethereum network is still grappling with in terms of speed and cost-effectiveness. Because …
Bitcoin Price Bounces 3.8% to $34,200 – Where to Buy BTC
The bitcoin price bounced earlier today as market participants bought the dip. Yesterday the price slumped on news that China was extending its crack down on crypto, with Weibo accounts held by crypto traders and influencers suspended. The news led to steep losses for many cryptoassets. Bitcoin was off 8% at $31,000 at one stage. …
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Dogecoin frenzy forces UK fund manager to offload $1.1 billion Bitcoin stash
Ruffer revealed on Tuesday that it had sold its $600M position for $1.1B, citing concerns over excessive speculation across the cryptocurrency market. United Kingdom-based fund manager Ruffer liquidated its $600M Bitcoin bet after growing nervous about the speculative frenzy in the cryptocurrency market, including huge rallies in meme-based tokens like Dogecoin (DOGE). The fund, which …
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Chinese search engines block results for top crypto exchanges
Typing in the keywords for crypto exchanges Binance, OKEx and Huobi on Chinese search engines is currently pulling up no results. China’s stance toward decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news site 8BTCNews have both claimed that as of Wednesday, search results for some of the world’s …
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Bitcoin and Ethereum transaction fees sink 95% from all-time highs
Reduced network activity is resulting in lower fees for Bitcoin and Ethereum as both recede heavily from their all-time highs. The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction fees over the past couple of months. Fees are paid to the miners …
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Stricter crypto laws will stifle innovation, says SEC Commissioner Hester Peirce
Crypto-friendly SEC Commissioner Hester Peirce called for nuanced cryptocurrency regulations as several agencies pursue stricter policy mandates. Hester Peirce of the United States Securities and Exchange Commission has once again urged regulators to take a step back from attempting to overregulate the crypto space. Speaking to Financial Times, Peirce, affectionately dubbed “Crypto Mom” due to …
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Bitcoin (BTC) Price Prediction: BTC/USD Makes Gradual Decline as Bitcoin Risks $28,000 Low
Bitcoin (BTC) Price Prediction – June 9, 2021 On May 8, Bitcoin declined to $31,000 support as Bitcoin risks $28,000 low. Following its initial fall from the $39,000 high, the king coin is making a gradual decline to the critical support at $30,000. BTC/USD has fallen to the bearish trend zone as price makes a …