Analyst Still Positive on Stronghold Digital Despite Miss, Citing Minerโ€™s Low Costs

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Money Market Platform Burrow Raises $5M to Launch on NEAR

“We believe decentralized money markets act as a cornerstone for DeFi given their composability and utility,” Anjan Vinod, Vice President at ParaFi Capital, said in a note to CoinDesk. “By building natively on NEAR, we believe Burrow can integrate with other NEAR-native DeFi primitives including DEXs, liquid staking solutions, and stablecoins.” Source

BTC, ETH Consolidate Below Key Resistance Levels โ€“ Market Updates Bitcoin News

Following strong gains during Wednesdayโ€™s session, bitcoin and ethereum both saw prices consolidate below key resistance levels. BTC remained marginally above $47,300, with ETH trading close to $3,400. The global crypto market cap was 0.48% lower as of writing. Bitcoin Bitcoin saw its price consolidate during Wednesdayโ€™s session, following strong gains on Tuesday, which saw BTC rise to multi-month highs. However on Wednesday, BTC/USD fell to an intraday low of $46,746.21, as prices failed to sustain a breakout of the $48,080 ceiling. Todayโ€™s drop came as prices rose to a…

Bitcoin Trades at Discount in Japanese Yen Markets

Thus, the absence of premium in the BTC/JPY market is not surprising โ€“ more so as the yen is a G-7 currency and a far stronger unit than Ukraine’s hryvnia, considering it is backed by forex reserves of $1.38 trillion, the second largest in the world. Further, according to Kobayashi, crypto forms a small portion of an average Japanese investor’s portfolio. Source

Dubai Cafรฉ Accepts Cryptocurrency as Payment, Owner Hints at Paying Employee Salaries in Crypto โ€“ Emerging Markets Bitcoin News

Bake N More, a Dubai-based cafe, has become the latest company from the region to add cryptocurrency as a payment option. According to the companyโ€™s owner, Mohammad Al Hammadi, Bake N More hinted at possible plans to pay employee salaries in cryptocurrency as well. A Hub for Crypto Users in UAE A Dubai-based cafe, Bake N More, has become the latest company to add cryptocurrency as another payment option available to customers. Despite taking this step, Bake N More will nonetheless continue to accept cash and credit card payments, the…

MENA Climate Week notes blockchain’s potential for climate action

Panelists at the recent MENA Climate Week 2022 examined how blockchain technology can contribute to green initiatives. Hosted by Dubaiโ€™s Ministry of Climate Change and Environment, Dubai Electricity and Water Authority, and the World Green Economy Organization along with various institutions under the United Nations Environment Programme and in partnership with renewable energy groups, the event explored how to promote climate action using digital innovations. In one session, a hybrid panel made up of experts in blockchain and climate action discussed how blockchain use cases can contribute to a greener…

BIGGEST USA CRYPTOCURRENCY NEWS HAPPENING NOW! (ETHEREUM, XRP, BITCOIN, SOLANA)

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DeFi Kingdoms Integrates Ramp to Take in-Game Payments to the Next Level โ€“ Press release Bitcoin News

press release PRESS RELEASE. London, UK: 30 March 2022 โ€“ Play-to-earn game, DeFi Kingdoms, has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players can enjoy zero fees when purchasing AVAX through Ramp. DeFi Kingdoms has been wildly popular, generating more than $1.6 billion in transactions in January 2022 alone. Todayโ€™s Ramp announcement comes as DeFi Kingdoms implements its cross-chain expansion to Avalanche. Originally built on the Harmony blockchain platform, DeFi Kingdoms plays out in a nostalgic…