Day: May 14, 2022

Tesla CEO Elon Musk Reaffirms Dogecoin ‘Has Potential as a Currency’ as Twitter Deal Is Put on Hold – Featured Bitcoin News

boss

Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Elon Musk Says Dogecoin Has Potential as a Currency Tesla CEO Elon Musk has made another bullish statement about the meme cryptocurrency dogecoin (DOGE) despite massive sell-offs across the crypto market. Musk affirmed that dogecoin “has potential as a currency.” His tweet was in response to a comment by dogecoin co-creator…

XRP Flashed A Sign Of Revival; Where’s It Headed Next?

boss

The price of XRP has nosedived substantially to a level that it last touched almost 70 weeks ago. At the current time, XRP’s price have been trading near its immediate support level of $0.36. Bitcoin continues to be on shaky grounds as the coin tried recovering by moving past the $30,000 mark. At press time, the coin fell back to $29,700. The majority of the industry’s altcoins have continued to extend losses today. The bearish pull remains strong in the market at the time of writing. Over the last 24…

WILL THE BLOOD BATH END?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today I’m going to talk about US Markets crashing once again and how Bitcoin is being pulled down. Will the Crypto blood bath ever end? 🔴New CryptosRus Clips Channel: 🚨I Am George NFTs: 💸Buy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus) 🚀Buy Bitcoin, Crypto & NFTs on FTX US (10% Discount on Fees) 💰Earn 12.6% APY w/ Deposits and Trade Crypto w/ Vauld: 💳Blockfi Bitcoin Reward (1.5% Back in BTC) Credit Card: 🔥 File Crypto Taxes the Easy Way with CoinTracking:…

Tether Reduces its Commercial Paper Holdings in Favor of US Treasuries for its Reserves

Quick take: Tether’s CTO has stated that the company has reduced its holdings of commercial paper and increased its US Treasuries as reserves for USDT Tether also announced that the USDT stablecoin had stood the test of time USDT also suffered depegging this week as stablecoins were in the spotlight after UST’s and LUNA’s depreciation in the markets Tether’s and Bitfinex’s CTO, Paolo Ardoino, has updated on the status of USDT reserves during a Twitter Spaces chat on Thursday. According to Mr. Ardoino, the majority of Tether’s reserves are in…

Snoop & Gary Vee Got “Ownership” Of A Basketball Team With Ice Cube’s BIG3 NFTs

boss

These BIG3 NFTs might become one of this year’s most entertaining stories. The 3-on-3 basketball league created by Ice Cube and Jeff Kwatinetz offers utility beyond belief for its “BIG3 Ownership” NFT collection. The Fire tier NFTs holders will get to effectively affect the game and the league via video calls with the team and coaches. They’ll also get the chance to be Team CEO, which is what Snoop, Gary, and the other projects seem to be looking for. “A BIG3 NFT holder is effectively a part of the team…

Bored Ape Metaverse Frenzy Disrupts Ethereum Blockchain

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The creator of the popular Bored Apes Yacht Club collection of NFTs launched a sale of virtual land, and the move crashed the Ethereum blockchain. The sale raised about $320 million worth of cryptocurrency as users scrambled to get one of the 55,000 pieces of land from the metaverse project. Eddie van der Walt reports on “Bloomberg Markets: European Open.” ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Central Bank of Chile Studies Issuance of a Digital Currency – Bitcoin News

boss

The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores the possibility of the creation of a central bank digital currency (CBDC) in the future, the mechanism it might use, and how it will consult all sectors of the economy on this issue. Central Bank of Chile Considers CBDC Issuance More banks in Latam are considering the issuance of their own…

Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High

boss

With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins which are pegged to the U.S. dollar have been the obvious winners from the recent crash but it seems that investors are taking it one step further this time around. USDT volume across the Ethereum blockchain shows that investors are ramping up their activities in these stablecoins. USDT Provides Much-Needed Cover Through the crypto market downtrend, only a handful of cryptocurrencies have managed to retain…

KICK․IO Is Evolving – Taking a Closer Look Into the Roadmap – Press release Bitcoin News

boss

press release PRESS RELEASE. The crypto world is as innovative and exciting as fickle and dynamic. Understanding the market needs and keeping up with the latest trends and changes is crucial if we want to advance and reach new heights. KICK.IO has big plans for the upcoming year, and one, in particular, will make a significant change for both the platform and the users. The dawn of cross-chain bridges Since its inception, blockchain technology has become one of the most reliable ways of virtual asset transfer without third-party players. And…