Phil Hogan, who served the European Commissioner for Trade for less than a year, will be joining the advisory board for the Astra protocol. In a Tuesday announcement, Astra said Hogan would be coming onto its board as an executive advisor, citing his experience in the European Commission and international relations. The project said the …
Yearly archives: 2021
SHIB Becomes ETH’s 3rd Largest Consumer of Gas as ShibaSwap Goes Live
Shiba Inu (SHIB) is now the third-largest consumer of gas on the Ethereum network This milestone is the result of ShibaSwap going live earlier today ShibaSwap is a decentralized exchange and DeFi protocol focusing on the Shiba Inu ecosystem Three tokens are at the core of ShibaSwap: SHIB, LEASH and BONE Shiba Inu (SHIB) token …
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Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors
‘Rich Dad, Poor Dad’ Author Robert Kiyosaki Says Cryptocurrency Could Outlast Fiat Robert Kiyosaki, the author of one of the top personal finance books of all time, stated that cryptocurrencies, gold, and silver, will triumph over an impending economic crash — the likes of which the world has never experienced. 2 min read → Go …
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New IOTA partnership eases out business woes in East Africa
Bosch Doubles Down on IOTA Data Marketplace One of the original participants of IOTA’s decentralized data marketplace, engineering and electronics monolith Bosch, has just upped the tempo with the 12th-largest cryptocurrency by market capitalization, explaining how its newfangled Internet of Things (IoT) device will play a vital role in the economy of the so-called “ambitious …
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$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector
Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector. London-headquartered hedge fund firm Marshall Wace is planning investments in the crypto sector, the Financial Times reported Tuesday. Founded by Sir Paul Marshall and Ian Wace in 1997, Marshall Wace currently manages …
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Musk Trolls Buffett With Fake Quote on Twitter, Then Deletes It
Elon Musk went after Bitcoin hater Warren Buffett recently, sharing what looked like a bullish crypto quote attributed to the billionaire investor. The tech entrepreneur, whose comments on social media have been moving crypto markets this year, later removed the post with the obviously fake Buffett statement. Elon Musk Finds Buffett’s ‘Best Financial Advice’ Tesla …
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India’s Finance Minister Says Crypto Bill Ready for Cabinet
India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lot of work on it. We have taken stakeholders’ inputs,” she was quoted as saying. Status of Indian Crypto Bill Indian Finance Minister Nirmala Sitharaman has provided a status update on …
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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. However, as some observers have noted, the removal of the tweet may have presented the Nigerian government with the perfect excuse …
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Here’s What Separates Bitcoin and Ethereum From All Other Crypto Assets, According to Raoul Pal
Former Goldman Sachs executive and current Real Vision Group CEO Raoul Pal says that Bitcoin and Ethereum are distinct from the rest of the crypto markets due to two fundamental features. Pal tells his 574,100 followers he’s looking at both Bitcoin and Ethereum as he believes these two crypto assets will continue to become more …
Marshall Wace hedge fund giant to reportedly dive into crypto
Marshall Wace, a London-based hedge fund giant managing about $55 billion in assets, is reportedly planning a major move into cryptocurrency and blockchain investment. The hedge fund firm is preparing to launch a dedicated portfolio targeting investments in the digital asset industry, the Financial Times reported Tuesday. Citing anonymous people familiar with the matter, the …
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Breaking news: US financial regulator FinCEN hires its first-ever chief digital currency advisor
The Financial Crimes Enforcement Network, or FinCEN, has recruited Michele Korver, formerly of the United States Department of Justice, to serve as the agency’s first chief digital currency advisor. In her role, Korver will be tasked with advancing “FinCEN’s leadership role in the digital currency space by working across internal and external partners toward strategic …
Censorship resistance: Hong Kong’s Apple Daily archives preserved by artist Kevin Abosch
From June 20 1995 until June 23 2021, Hongkongers concerned about growing Chinese influence in the Special Administrative Region had at least one local media outlet in their corner. Apple Daily was known for its pro-democracy stance, when not covering sensationalist tabloid-style news — two editorial innovations that set it apart from almost all other …
Bitcoin volatility will always disappoint some investors: Michael Saylor
MicroStrategy CEO and Bitcoin evangelist Michael Saylor recently featured in an interview to share his insights into the global macro environment alongside Bitcoin (BTC) and crypto in general. Speaking about the risks related to volatility, Saylor said, “The people that invest in Bitcoin as traders — and they don’t, they don’t have a technology view …
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Ethereum’s Max. Price Lies in the Range of $75k to $175k – ETH Analyst
Ethereum’s maximum price could lie between $75k and $175k This peak value could be reached in the next 15 to 20 years The analysis of Ethereum’s maximum value and timeframe assumes that ETH is a technology that follows a diffusion function represented by a Gompertz Curve As with all models, the price of Ethereum may …
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Bitcoin To Sail Past $140,000 After BTC Clears This Hurdle, Says Celsius Network CEO
Celsius Network chief executive Alex Mashinsky predicts Bitcoin can soar above $140,000 this cycle but only after surviving one last sell-off event. The head of the crypto lending and borrowing platform tells his 106,700 followers that Bitcoin has so far survived two massive bearish catalysts in a short amount of time. ADVERTISEMENT “We have …