Tesla CEO Elon Musk says that he will eat a happy meal on television if McDonald’s accepts the meme cryptocurrency dogecoin (DOGE). However, McDonald’s replied, “only if Tesla accepts grimacecoin.” Musk’s statement followed a tweet by McDonald’s asking how crypto Twitter is doing. Elon Musk Tries to Tempt McDonald’s to Accept Dogecoin Tesla and Spacex …
Tag archives: Bitcoin
NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes
The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose of receiving a paycheck in bitcoin is to send …
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Transaction volume up, users down – is OpenSea challenger LooksRare gmi?
Two weeks since launch, LooksRare, portrayed as a community driven challenger to the NFT behemoth OpenSea, is still printing high levels of transaction volumes. On the surface, it looks like LooksRare has gotten itself a foothold on the market. OpenSea has had, and still have, an impressive journey from around $71 million in sales a …
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Elon Musk puts McDonald’s on the spot, wants the fast-food giant to accept DOGE
Tesla and SpaceX founder and CEO Elon Musk urged McDonald’s to accept Dogecoin as payment, posting a tongue-in-cheek dare on Twitter. The pressure is on, with all eyes on the fast-food chain now, which, thus far, hasn’t been accepting crypto payments–outside of El Salvador. Committing to a happy meal on tv “I will eat a happy …
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Former Goldman Sachs CEO admits crypto is happening despite his reservations
Having voiced concerns about crypto in the past, ex-Goldman Sachs CEO Lloyd Blankfein said his views on digital assets are evolving. Speaking to CNBC, Blankfein conceded that the past year or so had seen a maturation of the space, leading him to re-assess his position on cryptocurrency. The comments mark a dramatic shift in perspective, …
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Enter Fantom’s “Curve Wars”: How Andre Cronje and Daniele Sesta are changing liquidity provision
In the past three weeks, two of the biggest names in DeFi – Andre Cronje and Daniele Sestagalli – have been hyping up crypto twitter on an upcoming collaboration project to be launched on Fantom. The name of the project was finally unveiled to be “Solid Swap” on a recent Frog Radio podcast, an automated …
Grayscale Considering 25 More Crypto Assets for Investment Products
Grayscale, the world’s largest crypto asset manager, is considering 25 more crypto assets for investment products. With the latest additions, the company’s list of coins under consideration has grown to 43. “The process of creating an investment product similar to the ones we already offer is a complex, multifaceted process,” said Grayscale. 25 Crypto Assets …
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Decentralised Metaverse Socialfi Platform Boom Enables NFT Display in Its App
sponsored While the latest news and information about cryptocurrency & NFT projects are better known through Web 2.0 social media companies such as Twitter, Instagram, and Youtube. There aren’t any decentralised social platforms available in the market that allows users to own the NFT while being able to display their NFT or Token assets on …
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IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet
The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status. A few members of the IMF’s board said the country’s decision to leverage bitcoin within its financial system could pose risks. IMF Report Attempts …
Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday
Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term investors bought the crypto dip. Biggest gainers …
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2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market …
YouTube is considering adding NFT features for its creators
Video creators could soon see NFT features added to YouTube, the platform’s CEO Susan Wojcicki said earlier today. In an annual letter to creators sent on Tuesday, Wojcicki said that YouTube sees Web3 as a source of inspiration for new ways to improve the platform. NFTs are coming to YouTube YouTube is joining the likes …
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Report: Crypto-investment products see $14 million inflow over past week
For the first time this year, digital asset-based investment products saw an inflow of funds as investors looked to capitalize on low market prices of these assets that was caused by the crypto market crash. Bitcoin dominates investment inflows, again According to data from CoinShares, investments in crypto for last week was over $14 million …
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MicroStrategy stock slides as the SEC rejected its Bitcoin accounting strategy
Amid the crypto market meltdown, MicroStrategy stock slid as much as 15% before equity markets rebounded late Monday–following the US Securities and Exchange Commission (SEC) objecting to the company’s Bitcoin accounting strategy. The newly released filings show that the SEC rejected how Michael Saylor’s software company accounts for its crypto holdings. Unfavorable accounting ruling by …
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CZ says bitter ex-Binance employees are behind incriminating report
Changpeng Zhao (CZ) hits out at former employees and associates, saying Binance is the victim of a smear campaign. The comments come in relation to a Reuters report that alleges Binance is paying lip service to global regulators. But all the while deliberately neglecting its duty to meet compliance standards. Since the summer of last …
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