Month: April 2022

Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency – Featured Bitcoin News

boss

Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country in Africa to Officially Adopt Bitcoin A press statement supposedly issued by the office of the Presidency of the Central African Republic (CAR) appeared to confirm reports by multiple media outlets suggesting that the bill passed by the National Assembly not only proposes to govern cryptocurrencies but recognizes bitcoin as a reference currency. In a statement posted on Facebook, Obed…

US Economy Shrinks Unexpectedly, Amplifying Recession Fears

“Today’s numbers suggest that we are likely closer to a recession than previously thought,” said Joe Haggenmiller, head of markets at XBTO, a crypto finance firm. “It therefore stands to reason that if negative growth persists, the equity markets may suffer and bitcoin may as well because of its positive correlation.” Source

VegaX Expands B2B Technology for Institutional Clients to Unlock Crypto Market – Press release Bitcoin News

boss

press release PRESS RELEASE. NEW YORK, April. 28, 2022 — VegaX Holdings (“VegaX”), the cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors globally, announced the company’s first partnership with institutional investment manager, UNCAP Investment Management, providing the fund with access to proprietary portfolio rebalancing tools and indexes to enhance investment returns from the cryptocurrency markets. VegaX clients are globally distributed, with a recent influx of new traditional funds and institutions actively seeking the firm’s crypto index products and technology. VegaX CEO, Sang Lee…

Cardano (ADA) Real Volume Suggests Downtrend Is Far From Over

Cardano (ADA) has been one of the worst-hit cryptocurrencies in the market. The digital asset which had seen a high of $3.10 now lives on past glory as it is now trading below the $1 mark. This has been going on for a while which has convinced some investors that the end of this onslaught is coming to an end. However, on-chain metrics suggest that this is far from the case and in fact, the downtrend is not close to ending anytime soon. On-Chain Metrics Are Bad One thing that…

Buenos Aires to accept crypto for tax payments, launch DLT-backed citizen profiles

boss

The capital of Argentina and an agglomeration with more than 12 million citizens, Buenos Aires will make blockchain a vital part of its digitalization drive. Specifically, the city will accept public financial transactions in crypto.  As the city mayor Horacio Rodríguez Larreta revealed in his Steve Jobs-styled presentation on April 25, the 12-step development plan titled “Buenos Aires +” envisions a significant increase in crypto and blockchain adoption. Con Buenos Aires + vamos a dar un paso más en el camino hacia un Estado facilitador que desburocratice y agilice los…

🟢BREAKING: Taxes on Crypto Latest Update | Cryptocurrency Bill India Latest Update | Crypto news

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🟢BREAKING: Taxes on Crypto Latest Update | Cryptocurrency Bill India Latest Update | Crypto news Join Telegram Channel For Latest calls/signals on crypto: Trade on India’s Most Active exchange: Trade on & Connect Wazirx with Binance: For more Info watch complete video and let us know your opinion in Comments. All Wazirx Related Answers in this video: Let me know about your opinions in comments ——————————————————- FREE DMAT A/c( Free Trading): Trade on India’s Most Active exchange: Crypto Mining on Mobile |…

Jaime Rogozinski: Why WallStreetBets Took Off

The man who founded WallStreetBets, Jaime Rogozinski, didn’t love trading stocks. At least not at first. In the mid-2000s, as a side hustle, Rogozinski could afford to plunk around $1,000 in shares of Google. It cost him a $30 commission to buy and a $30 commission to sell, meaning that fees gobbled up 6% of the trade. “I’m like, wow, this sucks,” says Rogozinski. “Clearly, it works if you have a ton of money but it doesn’t work if you have $1,000 bucks.” Source