“Following a television telephone conversation President [Joe] Biden held with European Commission President Ursula von der Leyen and in alignment with the decision by our European allies, the United States will join them in sanctioning President Putin and Foreign Minister [Sergei] Lavrov and members of the Russian national security team. I expect we’ll have more specific details out later this afternoon,” Psaki said. Source
Day: February 25, 2022
Bloomberg Integrates Elwood Technologies’ Crypto Platform Into Buy-Side Order System
Crypto-focused technology firm Elwood, owned by billionaire fund manager Alan Howard, is to integrate its trading platform with Bloombergโs Asset and Investment Manager (AIM) system. Source BloombergBuySideCryptoElwoodIntegratesOrderPlatformSystemTechnologies039 CryptoX Portal
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US Justice Department Indicts BitConnect Founder
US Justice Department Indicts BitConnect Founder Source
Cash Appโs Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124% โ Exchanges Bitcoin News
Popular mobile payment platform Cash App, developed by Jack Dorseyโs Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash Appโs Bitcoin Business Block Inc., formerly Square Inc., released its Q4 2021 earnings report Thursday. The report includes the performance of Cash App, the firmโs mobile payment platform that allows users to trade bitcoin. The company stated: Cash App generated $1.96 billion of bitcoin revenue and $46…
U.S. Senator Ted Cruz Reveals Why Heโs So Bullish On Bitcoin
Texas senator Ted Cruz has once again shown support for bitcoin. Bitcoin has been gaining popularity among the ruling class and more politicians are coming out in support of it. The Republican who holds a bullish stand on the digital asset has revealed why he supports the cryptocurrency. In a recent talk, Cruz laments issues with the government control over the financial property of citizens, praising bitcoin for deterring this. Why Cruz Supports Bitcoin In his talk, U.S. senator Ted Cruz goes into detail about why he supports bitcoin. Pointing…
Why real estate investors are going crazy over virtual lands?
The value proposition of virtual land works similarly to the real world. High-value properties are often near shops and activities, in which people will pay higher rent to live by. Of course, the value of virtual land only increases if areas develop and people get involved in the metaverse. This prospect is why there are many skeptics of such an investment. The millions of dollars worth of investments into virtual land is all a risk, but it’s not an unfounded one. After all, celebrities and stars are buying virtual land…
Former CFTC Chair Giancarlo on Russian Sanctions, CBDCs and Dollar Hegemony
Giancarlo, nicknamed โCrypto Dadโ by many, began his CBDC advocacy in 2020 through the Digital Dollar Project, which launched a pilot program for the greenback last year. In a Wall Street Journal op-ed, he argued that if the U.S. could send a man to the moon, the country could send the dollar into cyberspace. Source
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3 portfolio trackers NFT and DeFi investors can use to stay organized
The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and the popularity of nonfungible tokens (NFT) have led to an explosion of projects on more than a dozen blockchain networks.ย The rapidly growing ecosystem means investors have to keep track of multiple wallet addresses, making portfolio trackers a popular option for traders needing to manage a diverse multichain portfolio. Here are three portfolio-tracking decentralized applications, or DApps, crypto traders can use to help monitor their investments.…