Shiba Inu has been making a triumphant return to the spotlight in the last few days. During the previous week, it climbed a decent 46%. For the last 24 hours, the price has fallen just 5.62%. Shiba Inu is currently trading at $0.00003079 with a 24-hour trading volume of $1,805,384,970. According to some analysts, Shiba Inu is one of the best buys in cryptocurrency history. Of course, the crypto still has to prove itself. Phenomenal Performance: But Is Shibu Safe? The token is by no means a reliable or safe…
Month: February 2022
Gen Y can use tokens to get on the property ladder – Cointelegraph Magazine
The explosive combination of blockchain and physical assets is making a real difference in how young people can access traditionally illiquid, expensive and slow-moving physical assets such as property. Formerly a once or twice in a lifetime purchase for most people, this lucrative investment opportunity is now being democratized so everyone can share in the wealth. This is important because many Millennials and members of Gen Z are effectively locked out of the property marketplace. According to The Intelligence Lab’s October 2021 report, global house prices are rising at the…
Hungary’s Central Bank Head Calls on EU to Ban Crypto Mining and Trading
The governor of the Hungarian National Bank said he agreed with the Russian central bank’s earlier proposal to ban crypto activities. Source
Wall Street is marketing Bitcoin for us, Feb. 3–9
A lot has changed since I first started covering Bitcoin (BTC) in 2012. A market once relegated to the deepest corners of the internet has now spawned a global revolution that has forced corporations and governments to form an opinion on digital assets. Now, Wall Street is chiming in, with analysts at major banks increasingly convinced that crypto is a maturing asset class with long-term potential. That was the general takeaway of a new report from Wells Fargo’s research division. The report’s bullish undertones are truly remarkable when you consider…
Wall Street is marketing Bitcoin for us, Feb. 3-9
A lot has changed since I first started covering Bitcoin (BTC) in 2012. A market once relegated to the deepest corners of the internet has now spawned a global revolution that has forced corporations and governments to form an opinion on digital assets. Now, Wall Street is chiming in, with analysts at major banks increasingly convinced that crypto is a maturing asset class with long-term potential. That was the general takeaway of a new report from Wells Fargo’s research division. The report’s bullish undertones are truly remarkable when you consider…
New US inflation data triggers Bitcoin community reactions
The recent news on U.S. dollar inflation spurred a series of reactions from the crypto community, noting that the event should push people toward Bitcoin (BTC). Comments from the crypto community championed Bitcoin as a powerful hedge against U.S. dollar inflation. The U.S. Bureau of Labor Statistics recently reported a 7.5% increase in the all items section of the Consumer Price Index (CPI), the most commonly used indicator for inflation. Following this, Digifox founder Nicholas Merten explained that the dollar might be worth half its current value in the coming…
MIT, Boston Fed give digital dollar CBDC a modest test run
The world recently got a sneak peek at what a digital dollar, or at least one component of a hypothetical United States central bank digital currency (CBDC), might look like, courtesy of Project Hamilton, a collaborative effort of the Federal Reserve Bank of Boston and the MIT Digital Currency Initiative. The results of the project’s first phase were originally expected last summer but were released on Feb. 3. The project, announced in 2020, is named in honor of Alexander Hamilton, the first U.S. Treasury secretary, and Margaret Hamilton, an MIT…
7 Crypto Exchange Executives Handed Prison Sentences for $1.7B Fraud in South Korea: Report
The former CEO was sentenced to 22 years in prison. Source
Coinbase Teams Up With One River to Offer Separately Managed Accounts
Coinbase Prime clients prefer to own digital assets in their own segregated account, but also want the same quality of investment management services that they are accustomed to in traditional investments, according to Brett Tejpaul, head of Coinbase Institutional. Source
Only One Will Last in the Metaverse – Press release Bitcoin News
press release PRESS RELEASE. SURVIVE is going to revolutionize the Metaverse. It’s a hybrid between live-action and open-world games. Think of GTA 5, with a 3D Metaverse where you can play for free and earn money. SURVIVE is backed by NFT Global, a reputable NFT platform. This partnership is ready to disrupt the whole Metaverse game industry. Their goal is to create a game that will influence an entire generation and bring play-to-earn games into the mainstream. The collaboration between an experienced game developer team and an already existing crypto…