Bitcoin (BTC) took more than just a beating in the markets. The orange coin got the cold shoulder as Turkish President Recep Tayyip Erdoğan welcomed his Salvadoran peer Nayib Bukele in the capital of Turkey to talk about a number of topics. While Bitcoin failed to be a talking point, it did not stop the …
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Thailand’s Committee on Monetary Affairs, Finance, Financial Institutions and Financial Market conducted a virtual meeting to discuss various aspects of crypto taxation. The ruling party MP Watanya Wongopasi posted a summary of the discussion on her Facebook page and urged the Excise department to do their due diligence before imposing any tax on the crypto …
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Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever. Data from on-chain monitoring resources including Glassnode and BTC.com confirms that as of Friday, the Bitcoin network difficulty is at a new all-time high. Difficulty passes 26 trillion for the first time The …
Twitter on Thursday announced that it will be rolling out a new feature that will let users upload NFT profile pictures. The feature will be first made available to Twitter Blue users. Users will be required to connect their crypto wallets to their Twitter accounts to access the NFTs they own and later upload it …
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The arrival of crypto millionaires to Puerto Rico has locals fearful of getting displaced. Wealthy ex-pats, particularly those who made their fortune in cryptocurrency, are flooding the Caribbean island, making life “untenable” for the locals. The residential district of San Juan, located to the north of Puerto Rico overlooking the Atlantic Ocean, is a magnet …
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Strike CEO, Jack Mallers gave a presentation to the International Monetary Fund (IMF) regarding the Bitcoin Lightning Network and its potential to open up cross-border payments. The actual presentation was made just before Christmas. But Wednesday saw Mallers describe the event, including the feedback he received, to CNN’s Julia Chatterley. You’d be forgiven for thinking …
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The central bank of Laos has issued licenses to two cryptocurrency trading platforms. Lao Digital Assets Exchange (LDX) and Bitqik are now the only two licensed entities that can offer full brokerage and trading services in cryptocurrencies and other digital assets in the country. 2 Cryptocurrency Exchanges Authorized in Laos Laos’ central bank, the Bank …
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Autograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company revealed that the funding round was led by Andreessen Horowitz and Kleiner Perkins, with the participation of other notable companies in the field. The funds raised will contribute to the expansion of …
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The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking and grappling from UFC fighters.” MMA Entertainment Giant Partners With …
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Bitcoin started in 2008 as the first cryptocurrency to succeed using blockchain technology. A lot of skepticism has ensued over the years about its validity. There have also been backlashes from the public over its damaging effect on the economy. However, bitcoin has gained enormous popularity because of the market value it has reached over …
Continue reading “The Sudden Boom In The World Of Crypto Exchanges”
The presale of the Lblock token of the forthcoming Lucky Block lottery platform has sold out 11 days early as demand outstrips supply. In the space of just seven weeks Lucky Block has sold out the 32.5% of its total supply of 100 billion Lblock tokens that was being distributed in the presale. All told, …
Continue reading “Lucky Block Presale Sells Out, $5.7 million Raised, DEX Listing 26 Jan”
The cryptocurrency market has been booming since the post-pandemic period. The digital coin was first available in the financial world with the inception of bitcoin back in 2009. At the time, no one knew the potential of the currency and the future it held. Over the years, Bitcoin and other cryptocurrencies became popular amongst most …
Popular crypto analyst Nicholas Merten says that the crypto market is going through a long-term consolidation, but the position of top traders indicates that there will be a reversal at the end of a “final flush.” In a new strategy session, Merten tells his 496,000 YouTube subscribers that top traders are generally bullish and that …
Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way to the health industry. Health specialists created a method to track and store health data using blockchain technology. Rosanne Warmerdam, the CEO …
Continue reading “Blockchain meets activity tracking: Project rewards healthy habits with tokens”
Bitcoin (BTC) stayed lower on Friday after an overnight bout of volatility sent the largest cryptocurrency to six-month lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 optimism unwinds Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $38,250 after shedding over $4,000 in hours. Circling $39,000 at the time of writing, traders were …
