The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.” On Friday, Waller spoke during a panel that discussed central bank digital currencies (CBDCs) and said that …
Monthly archives: March 2022
UAE Venture Capital Firm Launches $100 Million Seed Fund for Blockchain and Crypto Projects
Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture capital firm, Cypher Capital, recently announced it has launched a $100 million …
Biggest Movers: CVX Nearly 14% Higher, as RUNE Extends Friday’s Gains
CVX was trading nearly 14% higher to start the weekend, as RUNE extended yesterday’s gains, climbing by over 13% on Saturday. CVX is now up by nearly 35% this week, rising to multi-week highs in the process. Thorchain (RUNE) RUNE was one of the biggest gainers in crypto markets for a second consecutive session, as …
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MIT Welcomes Bank of England For A Joint 12-Month Research On CBDC
The Bank of England (BOE) announced that it has partnered with the Massachusetts Institute of Technology (MIT) for joint 12-month research on central bank digital currency (CBDC), called Digital Currency Initiative (DCI). The project also has other partners, which include the Fed and Bank of Canada. According to the BOE, the new project will only …
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Ukraine To Immortalize Events In The War By Launching An NFT museum
Ukraine Ministry of Digital Transformation has launched a non-fungible token (NFT) museum to keep the memory of Russia’s invasion of the country. Although the NFT will include other events, the decision to launch one was spurred by the ongoing war in the country. The Project Will Feature Only NFTs The NFT collection details recent events …
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Ethereum Alternative and Two Low-Cap Altcoins Surge More Than 60% in Just One Week
On the back of a strengthening crypto market, one Ethereum (ETH) hard fork project and two low-cap altcoins are taking off in the past week. One of the biggest standouts of the week is ICHI, the native token for the stablecoin development project of the same name. The 225th-ranked crypto asset by market cap is …
Here’s What’s Next for Cardano (ADA) After Recent Rally, According to Analyst Jason Pizzino
Analyst and trader Jason Pizzino is examining the price action of Cardano (ADA) after the seventh-largest crypto asset by market cap rose by over 30% in a week. In a new YouTube update, Pizzino tells his 262,000 subscribers that Cardano could be in the midst of a relief rally after having gone through one of …
Top Ethereum Gaming Altcoin Erupts After $1,700,000,000 Treasury Plans Are Unveiled
A popular play-to-earn metaverse altcoin built on Ethereum is seeing significant gains after project developers revealed plans for community governance. In a new blog post, Axie Infinity (AXS) highlights the game’s tremendous growth over the past year and announces long-term plans to implement what it calls “progressive decentralization” to empower the community. “Players deserve ownership …
Is Illuvium the first fun crypto RPG video game?
Blockchain games have been quite popular among crypto enthusiasts for a long time because they use cryptocurrency as an in-game tool. In these kinds of games, blockchain technology is used to secure the absolute ownership of game items, represented by tokens. For example, by purchasing an in-game nonfungible token (NFT), a player can be sure …
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Cryptocurrency vs. Stocks: Key differences explained
Both the crypto and the stock markets are volatile and subject to external influences. However, there are also differences between them. When we’re talking about cryptocurrency vs. stocks, there is a big difference in how they are traded. Cryptocurrency can be bought at a cryptocurrency exchange, whereas you can buy stocks at the stock exchange. …
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How to convert your digital art into NFTs and sell it
What is an NFT? NFTs are nonfungible tokens. The adjective “nonfungible” is often used in economics to represent features such as uniqueness and non-interchangeability. In the crypto space, nonfungibility simply indicates that one item cannot be exchanged for another. A “token” as a unit of account is basically a certificate of validity stored on the …
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Bitcoin sellers keep BTC price action in check amid $45K ‘fakeout’ warning
Bitcoin (BTC) took a breather from its latest upside on March 26 after predicted resistance kicked in just under the yearly open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin fakeouts: Third time’s the charm? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around $44,500 Saturday, preserving the lion’s share of the week’s progress. …
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Bitcoin Price Prediction: BTC/USD Consolidates Below $45,000 Level
Bitcoin Price Prediction – March 26 The Bitcoin price shows weakness at $42,500, but this crucial technical formation could elevate it above $45,000 resistance. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $49,000, $51,000, $53,000 Support Levels: $40,000, $38,000, $36,000 BTCUSD – Daily Chart Buy Bitcoin Now In the last couple of days, …
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Bitcoin Price Prediction: BTC/USD Moves Close to $44,500 as Bulls Struggling to Keep the Uptrend
Bitcoin Price Prediction – March 26 The Bitcoin price prediction gains 0.42% as bulls keep working hard to nurture a bullish trend from the support at $44,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $50,000, $52,000, $54,000 Support Levels: $40,000, $38,000, $36,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is trading …
Love it or hate it, crypto’s vibe shift is now imminent
Last month, cultural critic Alison P. Davis published an article in The Cut titled “A Vibe Shift is Coming. Will Any of Us Survive It?” The “vibe shift” Davis was referring to had nothing to do with crypto. She was referring to a sea change in pop culture and social trends, particularly in view of …
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