While the cryptocurrency prices dropped toward the end of the week, precious metals, energy stocks, and global commodities skyrocketed in value amid the ongoing war in Ukraine. The price of one ounce fine gold is nearing the $2K mark, benchmark coal prices have been surging, aluminum values broke records and nickel tapped an 11-year high. …
Monthly archives: March 2022
Ethereum Rival Terra (LUNA), Cosmos (ATOM) and Three Additional Altcoins Bullish for This Month: Crypto Strategist
A widely followed crypto analyst is naming Terra (LUNA), Cosmos (ATOM) and three additional crypto assets as his top altcoin picks for the month of March. Trader Jason Pizzino tells his 261,000 YouTube subscribers that decentralized finance (DeFi) payment network Terra looks strong after rallying from a low of $43 to nearly $100 in a little …
Russia goes ahead with plans to regulate crypto despite economic uncertainty
Russia is currently under the intense heat of the sanctions imposed by the US and its Western allies. Despite the financial turbulence in the country, Russian authorities are planning to develop a comprehensive crypto regulatory framework. Russia’s crypto efforts started way before the president of the Russian Federation, Vladimir Putin, announced a “special military operation” …
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Ukraine uses $15M worth of donated crypto to purchase military gear
The Ukrainian government has spent $15 million worth of the received cryptocurrency donations on buying military supplies. Ukraine is estimated to receive nearly $50 million worth of donations made in digital assets. The Ukrainian government plans to double the cryptocurrency donations flowing into the country within the next two to three weeks. The majority of …
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OpenSea phishing attack creates a need for security on NFT platforms
The NFT sector has recorded notable growth over the past year despite the recession across the broader cryptocurrency market. Notable brands such as Visa, the New York Stock Exchange, Coca-Cola, Adidas, etc., have all ventured into non-fungible tokens. Amid this growth, there have been concerns over the security of NFTs. OpenSea, the largest NFT platform, …
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Australia’s energy retailer partners with BitPay for crypto payments
1st Energy, an Australian energy company, is venturing towards cryptocurrency payments. The company has announced that it will integrate Shiba Inu into its payments system. This payment option will be available through a partnership with Shiba Inu. 1st Energy accepts crypto payments “1st Energy becomes Australia’s first energy retailer to accept crypto through a partnership …
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Geopolitical Tensions Could Transform Bitcoin Into a Risk-Off Asset, Says CoinShares CSO Meltem Demirors
A veteran crypto investor says that current geopolitical events could help Bitcoin (BTC) transition into a store-of-value asset. In a new interview with Bloomberg Technology, CoinShares chief strategy officer (CSO) Meltem Demirors tells host Emily Chang that worldwide sanctions following Russia’s invasion of Ukraine, as well as truckers in Canada losing banking access during a …
The Sandbox expands the metaverse of K-Pop with this key partnership
The Sandbox has announced a partnership with Cube Entertainment to expand business in the metaverse with the creation of a K-Culture complex in The Sandbox metaverse owned by Cube. The Sandbox and Cube entertainment will hold events to “introduce K-Culture in the Metaverse.” K-Culture will include K-Pop. A K-Culture complex in Cube Entertainment-owned LAND will …
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Central Banks have been tinkering with digital currencies, and IMF approves
IMF has been pro-CBDC for a while, and the Central Banks from all around the world have been looking to digital currencies to replace cash and many have come a long way. Recently, IMF President Kristalina Georgieva acknowledged the recent movement towards CBDCs and re-stated their support to them by saying: “We know that the …
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Elon Musk Says Starlink Will Not Censor Russian News Sources Despite Government Requests
Spacex CEO Elon Musk says that Starlink has been told by some governments to block Russian news sources. However, he affirmed, “We will not do so unless at gunpoint.” Elon Musk Refuses to Censor Russian News Sources Spacex and Tesla CEO Elon Musk tweeted early Saturday morning that Starlink has been told by some governments …
Rich Dad Poor Dad’s Robert Kiyosaki Advises Investors How to Profit From Inflation
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has given some advice on how to profit from inflation. Bitcoin is part of his strategy. He also praised the Ukrainian government for standing up to Russian President Vladimir Putin. Robert Kiyosaki on Profiting From Inflation The author of Rich Dad Poor …
US Lawmakers Working on Policy to Open Crypto Markets to Institutional Investors, Says Kevin O’Leary
Kevin O’Leary, aka Mr. Wonderful, has revealed that a group of U.S. lawmakers is working on a policy to open crypto markets to institutional investors. “The good news is they are all over it and agree there is tremendous opportunity once they pass policy,” said O’Leary. U.S. Senators Working on Crypto Regulation for Institutional Investors …
5 Best Metaverse Games To Play
In the year 2021, Facebook was renamed Meta. This year, the metaverse will be a hot issue among many users all around the world. Gamers are accustomed to expressing an interest in the digital world, where they can do or be anything. If you’re a gamer who has just discovered Metaverse, you’ve come to the …
Bitcoin Activity Soars Post SWIFT Ban On Russia, BTC At Do Or Die Spot?
Bitcoin has found temporal support at $39,000, but buyers have been scarce as the market enters into weekend price action. Uncertainty around macro factors seems to be growing with the Russia-Ukraine conflict contributing with the selling pressure experience by BTC and larger cryptocurrencies over the past days. Related Reading | Market Update: Crypto Market Rebounds …
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Billionaire Investor Says Crypto Outlook Is ‘Very Bullish’ For Bitcoin
Billionaire Bill Miller, a seasoned billionaire investor, explains why he believes the current crypto outlook is very positive for Bitcoin. Miller likens Bitcoin to digital gold when it comes to the digital currency. Other cryptos are simply “adventure investments” since they lack the uniqueness of Bitcoin, he said. A fund manager, Miller highlighted that nearly …
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