One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at isolating the country from the international financial system. On March 12, Russian banks lost access to the international payments and messaging network SWIFT, and private sector payment companies, such as …
Continue reading “For the crypto industry, supporting sanctions is an opportunity to rebrand”
Macro strategist Lyn Alden says Bitcoin (BTC) will surpass all other digital currencies to become the dominant form of money. In a new interview with the What Bitcoin Did podcast, Alden says the race for dominance is between BTC and central bank digital currencies (CBDCs). “I think the digitization of money is inevitable, and then …
By Darin Carter, Coinbase Giving Program Manager This fall, Coinbase Giving launched the Blockchain Breakthroughs Innovation Challenge as a step to raise awareness about blockchain technology and make it more inclusive and accessible for everyone. The purpose of this challenge was to source innovative ideas for how to leverage the unique attributes of blockchain technology …
Dogecoin, the largest meme-coin by market capitalisation has bled for close to a week now. Prices of the coin have looked bearish in the last 24 hours and continued to look negative at press time. In the past week, Dogecoin lost 4.9% because of falling buying strength. The bulls have stayed out of the charts …
Continue reading “Dogecoin Price Could Plunge To $0.11 Owing To A Consistent Downslide”
Algorand is currently bullish on its chart at the time of writing. Fifa’s governing body announced Algorand to be the official blockchain partner of the World Cup competition. It is set to happen in November. Ever since that announcement, the coin displayed positive price action. After the coin fell through its long-standing support line of …
Continue reading “Amidst A New Development Algorand Could Be Eyeing $1”
After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. BTC’s price has effectively rebounded from the important support level of $37,500, despite an impending Federal Reserve rate hike. Bitcoin Poised For 10% Jump Various analysts, like The Wolf of All Streets, Michael van de Poppe, and …
Continue reading “Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low”
With the price of bitcoin still trading below $40,000, institutional inflows into the digital asset have slowed significantly. This has now flowed into other digital assets in the space. But what is most significant is the outflow rate which has neared one-year lows. Bitcoin Outflows Grows For the past couple of weeks, the rate at …
Continue reading “Bitcoin Institutional Outflows Near One-Year Highs, More Downside Coming?”
Sacred Spirits is an exciting NFT project backed by trusted entrepreneurs, with real and a proven backtrack of successful ventures.The collection consists of 5,555 NFTs that have been meticulously designed by the team, with inspiration drawn from spirituality and nature. The 5,555 spirits start their legacy with the minting process on 05/05/2022 on sacredspirits.io and …
Continue reading “Sacred Spirits NFTs is one of the most Anticipated Collection of 2022”
The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry’s energy usage affects the local power grid. The order published by the country’s Minister of Digital Development earlier this week compels digital mining businesses to provide comprehensive information 30 days before starting operations. …
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The founder of Ethereum challenger Algorand (ALGO) says that crypto assets with one key feature will survive into the next decade as blockchains become mainstream tools used by traditional financial institutions. In a new interview with the Los Angeles Times, Silvio Micali, a professor of computer science and cryptography at the Massachusetts Institute of Technology …
Continue reading “Algorand (ALGO) Founder Makes 10-Year Prediction On Crypto Markets: Report”
May 4, 2022 – London, United Kingdom Partnership with King Oyo Foundation to develop use cases built on Stratis blockchain technologies. Investment marks the beginning of Stratis Africa. Stratis has entered a long-term partnership with the charitable Foundation of King Oyo, the current monarch of the Tooro Kingdom located in the South West of Uganda, with …
Continue reading “Stratis To Fund Blockchain Innovation Center in Uganda”
Popular crypto analyst Michaël van de Poppe thinks the end of the bear market is near for decentralized oracle network Chainlink (LINK) and other struggling altcoins. In a new video update, Van de Poppe tells his 165,000 YouTube subscribers that Chainlink is down about 80% from its all-time high of $52.70, which it hit last …
This week’s Nifty News sees the arrival of Louis Vuitton to the nonfungible token (NFT) gaming scene, Johnnie Walker’s entry into Web3 and Elon Musk’s apparent embrace of Bored Ape Yacht Club. Louis Vuitton makes its mark in the NFT gaming scene To commemorate Louis Vuitton’s bicentennial birthday in late 2021, the French luxury brand launched …
Continue reading “Nifty News: Louis Vuitton and Johnnie Walker dabble in Web3”
Terra (LUNA) price lost 31% over the past four weeks, erasing all of the gains accrued year-to-date and even though the token continues to outperform the broader cryptocurrency market by 20%, Terra is struggling to hold above the $85 support. Previously, a few bullish catalysts were Terra’s USD (UST) stablecoin flipping Binance USD (BUSD) to …
Continue reading “3 key metrics signal Terra (LUNA) price is preparing for a recovery”
The Autorité des Marchés Financiers (AMF), France’s authority responsible for regulating the financial market, has granted Binance’s registration to provide crypto-related services in the country. In a Wednesday update, the AMF included Binance France SAS in its list of registered digital asset service providers in France. The registration was a step toward allowing the crypto …
