Arsenal said the tokens differed from cryptocurrencies, which are a means of payment, as they were designed for entertainment and to encourage fan participation. The tokens could not, at the time the ads appeared, be traded on the Socios app. The club also denied that the ads were for cryptocurrency investments. Source
Bitcoin (BTC) neared $50,000 on Dec. 22 as hopes began to appear that the price correction could be over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Get bullish once $50,500 breaks — analyst Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $49,600 on Bitstamp — its highest since Dec. 13. A cross-crypto boost from turmoil in the Turkish lira Monday lingered in spirit as Bitcoin and altcoins stayed higher, with attention now focusing on the new year and price levels above $50,000. The first breakthrough has happened…
Digital exchange Kraken today announced the acquisition of Staked, a leading infrastructure platform that allows secure and non-custodial cryptocurrency staking. Kraken highlighted the growing population of cryptocurrency investors around the world and mentioned the need for an expanded portfolio of yield products. The digital exchange called the recent acquisition ‘one of the largest deals’ in the history of crypto. According to the company, the clients will be able to earn rewards on their cryptocurrency assets. Kraken is also planning to develop innovative staking products through the infrastructure of Staked. “We…
Inverse Finance allows users to get token loans by supplying tokens to the protocol as collateral. The newly-launched floki pool has a collateral factor of 50% as of Wednesday, which means users can take 50% of the value of their staked floki inu tokens in the form of DOLA, a stablecoin issued by Inverse Finance pegged on a one-to-one basis with the U.S. dollar, or other tokens. Source
Business In announcing the purchase on Twitter, President Nayib Bukele also noted that the country’s land area is 21,000 square kilometers. By Eliza Gkritsi Dec 22, 2021 at 9:10 a.m. UTC Updated Dec 22, 2021 at 9:10 a.m. UTC El Salvador (Esaú González, Unsplash) Source
The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with president Nayib Bukele announcing a new purchase of 21 BTC on Tu. Worth around $1,036,000 at the time of writing, El Salvador’s latest BTC investment is to celebrate the “last 21st day of the year 21 of the 21st century” and commemorate the scarcity of Bitcoin as its supply is limited by 21 million BTC, Bukele said. The president also noticed that El Salvador’s entire size is reportedly around 21,041 square kilometers, which, according to…
The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency investments, which are not reasonable. These companies could be operating as Ponzi schemes, according to the bank, and it is currently examining the possibility of taking legal action against them. Central Bank of Argentina Investigates Crypto Investment Companies The Central Bank of Argentina issued a statement yesterday explaining the actions they are taking against some cryptocurrency investment companies.…
Tesla and SpaceX CEO Elon Musk showed no support for the metaverse and Web 3.0 ecosystems as he dismissed the terms for being used as buzzwords and marketing tactics. “I don’t see someone strapping a friggin’ screen to their face all day,” said Musk in an interview with The Babylon Bee when asked about his thoughts on the metaverse ecosystem. “I don’t know if I necessarily buy into this metaverse stuff, although people talk to me a lot about it.” Speaking around metaverse and virtual reality (VR), Musk said that he…
Tesla and SpaceX CEO Elon Musk showed no support for the Metaverse and Web 3 ecosystem as he dismissed the terms for being used as buzzwords and marketing tactics. “I don’t see someone strapping a friggin’ screen to their face all day,” said Elon Musk, Tesla and SpaceX CEO, in an interview with The Babylon Bee when asked about his thoughts on the Metaverse ecosystem. “I don’t know if I necessarily buy into this metaverse stuff, although people talk to me a lot about it.” Speaking around Metaverse and virtual reality…
Prices of shiba inu saw a 10% spike on Tuesday as whales – a colloquial term for large holders of a given asset – added to their positions earlier this week. One such whale wallet purchased 4 trillion shiba inu’s for $134 million early on Tuesday, according to data from WhaleStats, which tracks data from the top thousand Ethereum wallets after excluding known exchange and project wallets. That wallet now holds more than $144 million worth of shiba inu, which makes up for 26% of its portfolio holdings in Ethereum-based…