The year 2020 was a year of boom for industries adopting cryptocurrency payments, most especially Bitcoin. For instance, in the latter part of 2020, the renowned Payment system, Paypal made an announcement that it was going to incorporate Bitcoin into its array of products. Blockchain technology is steadily taking over various industries in the world, …
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ETH Ethereum has continued its relentless charge with the coin blasting above the $3,600 level and then $4,000. As of Monday morning, ETH trades around the $4,188 level. ETH Price Index It’s no coincidence that Bitcoin has toiled this week as the coin came close to $60k but is not seeing the flows of early-2021. …
Continue reading “Ethereum and Litecoin Hit New Record Highs, ETC Plays Catch Up, SHIB, May. 10”
People buy Litecoins and Bitcoins not only for trading but for placing bets on the 22Bet sportsbook or traveling. Want to familiarize yourself with cryptocurrencies? Use these platforms. TradingView TradingView is one of the most popular platforms allowing traders to share their market forecasts and make accurate technical analysis. The main advantage of the service are …
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Although many people still do not know all the crypto market’s intricacies, most of us understand its basic concept. Most people know that it involves trading, like all the other currencies in the world, however, some aspects connected with Bitcoin and other cryptocurrencies make it look more like an investment or gambling. Here is what …
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After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency. The Bank of Indonesia is one of the latest global central banks to announce state digital currency plans amid a major spike in the country’s digital payments. Governor Perry Warjiyo said Tuesday that Indonesia’s central bank is …
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Elon Musk, here we go again: It is not the first time his reckless tweeting has caused serious problems, but this time they’re for crypto. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint …
The singer is collaborating with a historic gene sequencing company on a one-of-a-kind art drop. It seems like everything’s a NFT these days, and your DNA could be next. In a press release today, AkoinNFT — the nonfungible token platform from musician and budding blockchain entrepreneur Akon — announced the planned auction of a NFT …
Continue reading “Akon to sell historic DNA data art as NFT in collaboration with Oasis Network”
Because of Bitcoin, blockchain’s impact on the climate has come into sharp focus. But can this technology actually be part of the solution for saving the environment? Elon Musk captured the world’s attention when he declared that Tesla would no longer accept Bitcoin as a payment method, citing the blockchain’s environmental impact. Although this thrust …
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BTC BTC Price Index Bitcoin slumped to fresh lows on the week as regulatory fears and clampdown in China saw a further unwind of positions. The price of BTC traded as low as $30k but has bounced to $37,000. However, another big-name investor is long the coin for its anti-dollar and inflationary prospects. Ray Dalio, …
Elon Musk has quickly become one of the most famous entrepreneurs to promote Bitcoin and other cryptocurrencies. His endorsement of crypto began with Tesla this year, but several other recent events have also shaped his position on cryptocurrency. Tesla Turns to Bitcoin Alternatives Musk announced on May 12 that Tesla is temporarily suspending Bitcoin payments …
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BTC Bitcoin slipped below the $43,000 level on Monday as the 2021 bull market comes under threat. A recent spread of investor flows into altcoins coincided with bearish BTC comments from Tesla founder Elon Musk. BTC Price Index The electric vehicle pioneer has backtracked on his support of crypto payments for electric cars due to …
Continue reading “Bitcoin Rally at Risk After Elon Musk Backtracks, MATIC, KSM, CELO, May. 17”
The indisputable rise of Bitcoin has legitimized it in the eyes of big players. The accessible infrastructure has made even large transactions easy, opening the door for hedge fund entry. So far, the returns on the investments have been impressive. However, the Bitcoin community is divided on whether this is a good thing. But what …
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Stablecoins, IOU tokens, and future incentive programs are coming down the pipe for jilted investors. After a devastating hack, a cross-chain decentralized finance (DeFi) protocol has revealed today a temporary compensation plan for token holders and investors impacted by one of the largest exploits in DeFi history. In a Tweet today, EasyFi announced their “Interim …
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A series of protocol upgrades and new liquidity integrations prove that 1INCH is aiming to increase its DeFi and DEX aggregator market share. As the decentralized finance (DeFi) ecosystem evolves and expands to encompass the whole of the cryptocurrency sector, the race to become the top decentralized exchange (DEX) aggregator is heating up as new …
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The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO. Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG. “The NYDIG team and I are extremely excited to welcome John,” NYDIG …
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