The Russian Foreign Minister Sergei Lavrov talked about the future importance of cryptocurrencies as an international settlements layer at the Primakov Readings Forum. Lavrov referred to these assets as having a “significant role” in the future. Russia has been striving to de-dollarize some of its activities, and this statement might offer a glimpse into future …
Yearly archives: 2021
Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’
Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocurrencies. She also urged the country’s central bank to begin the necessary preparations for a step-change in global attitudes towards banking. However, in her address of the Tanzanian finance chiefs, Hassan acknowledges that not everyone …
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5 Best New Cryptocurrency to Buy June 2021 Week 3
Finding the best new cryptocurrency to buy in June is never an easy task. The market was bloody in May, but things are gradually normalizing. Our list is a roundup of the best cryptocurrencies you should buy in June. We start with an exciting new project called DeFi Coin. We follow this up with other …
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Crypto’s fraught relationship with Elon Musk: Ambassador or liability?
In an optimistic interpretation, Musk’s relationship with crypto could be a force that always wills the evil and always produces the good. When Tesla CEO Elon Musk revealed his company’s Bitcoin (BTC) exposure and announced the launch of crypto payments, BTC took off to reach its all-time high. Shortly thereafter, however, Musk started tweeting about …
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‘Tiger King’ star and convicted animal abuser Joe Exotic to launch NFT from prison
The “Official Tiger King NFT” auction will kick off on major nonfungible token marketplace Mintable on Friday. The nonfungible token industry isn’t over yet, as Tiger King star Joe Exotic is set to launch his own NFT drop from prison, with some external assistance. New York-founded cryptocurrency club More announced Tuesday its foray into the …
Another first for Polkadot as Kusama council approves first parachain slot auction
The first Kusama parachain slot auction will now commence and is set to run for the next week. Polkadot’s Kusama council passed Motion 310 on Tuesday, confirming the start of the first slot auction on the Kusama network. According to details shared on the Polkadot governance platform Polkassembly, 13 out of the 19 “seats” on the …
Former PayPal employees launch decentralized cross-border payment network on Algorand
“Fueling cross-border transactions with regulated stablecoins to represent fiat on-chain has never been done before,” said Borderless Capital CEO David Garcia. Two former PayPal workers in business and technology have launched a cross-border payment system aimed at “faster, cheaper, and more transparent payments.” In an announcement today, fintech infrastructure firm Six Clovers said it had …
5 Best Cryptocurrencies to Buy June 2021 Week 3
The cryptocurrency market has rebounded. After struggling ever since Tesla stopped accepting bitcoin as payment, it’s now on the up again. The reason? Well, Elon Musk revealed Tesla will in fact resume accepting bitcoin as soon as miners renewably source 50% of their energy. This statement has sent much of the market higher, with bitcoin …
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Dealing Cryptocurrency, A Winning Hand: How Americas Cardroom went to bat for the industry
Dealing cryptocurrency, a winning hand: How Americas Cardroom went to bat for the industry No matter how you measure success, 2021 is shaping up to be a gangbuster year for cryptocurrency. Bitcoin and other blockchain assets have not only experienced explosive growth in the past few months, but they also continue to command headlines day …
Polygon Price Gains 7.73% to $1.664 – How to Buy MATIC
Polygon (MATIC) has been having a rough couple of weeks, but the coin is on to amazing gains this week. The token has gained around 7.73% in the past week, and it is on an uptrend that shows great promise. At the time of writing, MATIC was trading at $1.664, a significant gain in the …
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RUNE Price Shoots up 7.94% to $9.84 – How to Buy ThorChain
It may be the right time to start looking towards altcoins that will diversify your portfolio because of the volatile nature of the crypto market. One of the coins that should be at the top of your list is ThorChain (RUNE). The coin’s performance in the last 24 hours remains impressive. At the time of …
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Russian central bank ‘short-sighted’ regarding crypto, lawmaker says
A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets. A Russian State Duma member has blasted the central bank’s tough stance on the cryptocurrency industry for ignoring the growing demand for crypto in the country. Fedot Tumusov, a member of the “A Just Russia” party representing the …
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Within five years, US hedge funds expect to hold 10.6% of assets in crypto
North American hedge funds are at the vanguard of crypto-curious investors, although EU and U.K. funds are not far behind, expecting to hold 6.8% of their assets in crypto within five years. A new survey of 100 chief financial officers at hedge funds worldwide has indicated that the sector is planning a significant increase in …
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A Bitcoin indicator with a ‘perfect’ history just told you to buy the dip
A $40,000 BTC price provides a classic entry point, the Bitcoin-to-stablecoin ratio oscillator suggests. MicroStrategy may be as smart as ever “buying the dip” in Bitcoin (BTC) as an indicator with a “perfect” history tells traders to buy. In a tweet on Tuesdsay, popular analyst Cole Garner flagged bullish signals for the Bitcoin-to-stablecoin ratio oscillator. …
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$1.3M worth of BTC donated to Bitcoin-hodling charity in less than 3 weeks
The Bitcoin Water Trust has already received more than $1.3 million worth of BTC donations despite launching just three weeks ago. New York-based non-profit, Charity: water, has received more than $1 million in BTC donations to its Bitcoin Water Trust within three weeks of the trust’s launch. The Bitcoin Water Trust was announced during the …
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