Bitcoin-centric Central American country, El Salvador, has taken advantage of the ongoing bear market to buy 410 units of Bitcoin for around $15 million. President Bukele called the purchase “really cheap” Per a revelation by the country’s president, Nayib Bukele, El Salvador purchased each unit of the asset at an average price of $36,585, making …
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A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system, the Pan-African Payment and Settlement System (PAPSS), recently went live in …
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While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain Strong Despite Crypto Market Price Reversal …
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week …
sponsored 2022 is ramping up to a buzzing year for the metaverse. Upcoming projects like Next Earth aim to usher in a new era of user-governed virtual worlds. Next Earth is a metaverse that uses blockchain technology to manage virtual land NFTs on a 1:1 replica with Earth. This allows users to buy, sell, and …
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Twitter has been making major milestones in the crypto sector. A new job posting from the social media giant now shows that it could be recruiting a leader for its crypto division, focusing on blockchain, cryptocurrencies and Web3. This is the latest initiative by Twitter in the crypto space. The expansion of Twitter into other …
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A crypto investor from Crypto Valley Venture Capital is reportedly keeping a close watch on a number of Ethereum (ETH) rivals showing potential for growth. In a new Business Insider report, Olaf Hannemann, the founder and chief information officer of the blockchain-focused venture capital firm, says that beyond Bitcoin (BTC), there are a number of interesting …
A popular crypto analyst is looking at past Bitcoin (BTC) downtrends to plot out a potential recovery timeline for the ailing cryptocurrency. In a new strategy session, Benjamin Cowen tells his 695,000 YouTube subscribers that liquidation events with high volume have historically signaled that a support level has been found and Bitcoin can surge to …
Nonfungible tokens represent a seachange of strategic opportunities for brand marketers as they look to engage their prospects and customers. Though the likes of Bored Apes and Pudgy Penguins take the headlines, and the potential for decentralized finance (DeFi) and play-to-earn gaming is undeniably grand and exciting, the marketing potential for nonfungible tokens (NFTs) deserves …
Continue reading “NFTs: Forget apes and penguins — Let’s talk diapers, hardware and museums”
The TON Foundation has appointed Andrew Rogozov as a founding member. Rogosov will be the lead of Product Efforts at TON. The TON Foundation was initially created by Telegram’s founders in 2018. The appointment of Rogozov can enable the foundation to integrate with Telegram through new features. Rogozov’s appointment at TON The document detailing this …
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El Salvador’s plans to endorse the use of Bitcoin are still strong despite the current market dip. The Central American country has purchased an additional $15 million worth of Bitcoin during the recent dip. El Salvador made history last year after it became the first country to endorse Bitcoin as legal tender. El Salvador buys …
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The cryptocurrency sector has attracted many individuals from the traditional financial sector. Brenda Gentry, a former mortgage underwriter from the state of Texas, has fully embraced the crypto sector, and she is now earning big from her decision. Gentry, also known as MsCryptoMom, resigned from her banking job to pursue a career in the crypto …
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Bitcoin (BTC) bull and MicroStrategy CEO Michael Saylor is analyzing the factors that he believes are driving the crypto market downturn at the start of a new year. In a new Bloomberg interview, Saylor unveils two factors that he says are contributing to the volatility experienced by the crypto markets so far this year. “I …
Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Open interest “still not flushed” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it fell through $35,000 during the first half …
Bitwise, a leading provider of crypto index funds, and ETF Trends, a noted source of news and analysis in the ETF space, recently released the findings of their fourth joint survey of financial advisor attitudes toward crypto. Financial advisors who manage roughly half of all wealth in the US, are becoming increasingly bullish on crypto. …
Continue reading “94% of financial advisors received questions about crypto last year”
