Giant companies like Apple have made a fortune by centralizing their powers and profits and expanding their product and services network to be a part of people’s lives in as many ways as they can. Until recently, however, Apple had also demonstrated an ability to tunnel-focus its efforts to stay relevant and up to date with what consumers wanted, what mattered to them and what they needed most from the tech giants they rely on. It seems that this is not strictly true anymore, and that is a real shame. …
Day: November 1, 2022
Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app
Global digital peer-to-peer (P2P) payments company MoneyGram has announced on Nov. 1 that users in nearly all U.S. states and the District of Columbia, can buy, sell, and hold cryptocurrency; specifically, Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), via its MoneyGram mobile app. The digital payments company said that it plans to add more digital currencies to its app in 2023, as global regulations allow. Alex Holmes, Chairman and CEO of MoneyGram, stated: “As consumer interest in digital currencies continues to accelerate, we are uniquely positioned to meet that demand and…
The Web3 Twitter Fixes Elon Musk Could Actually Try
An alternative here is to open verification up to anyone, but use NFTs to create tiers of accounts. Non-fungible tokens, being immutable, have the benefit of cutting down on fake users, adding a layer of authenticity to bolster security. The vain among us could pay for some supper-expressive, feature-granting token, while Twitter could continue giving out badges to public figures. Source
Bitcoin on-chain data flashes early signs of the BTC bottom being in
While Bitcoin (BTC) price support may be psychological for some traders, the statistics behind BTC remaining over $20,000 for a week are strong indicators of price support or in other words, a new bear market floor. Multiple Bitcoin data points might be able to establish a $20,000 support level. Last week Bitcoin reached a high of $20,961. However, it never sustained its upward momentum as the rally fizzled out, failing to break $21,000 support. As a result of the rally as well as the rejection, Glassnode, in the most recent…
Price Surge Puts Majority Of Ethereum Investors In Profit
Ethereum investors have had a rollercoaster year in 2022. It has been both successful in some aspects and gut-wrenching in others. After trending in the low $1,000s for a long time, the crypto market rally had seen Ethereum rise to two-month highs. What followed was a marked increase in the number of investors that were actually making a profit from their investments. 57% Of Investors In Profit If anything, the profitability of Ethereum over the years has been a major bull case for the digital asset. Even now, during a…
Larry Summers Warns Dollar Reversal Could Bring Inflationary Pressure, Posing Challenge for Fed, Bitcoin
Larry Summers Warns Dollar Reversal Could Bring Inflationary Pressure, Posing Challenge for Fed, Bitcoin Source
Coinbase Is Not What It Seems… | COIN Stock | Invested
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase stock | COIN stock has experienced continued volatility, correlated with various growth oriented risk factors across the market more broadly… DISCLAIMER: All content written, broadcast or disseminated through ‘Invested’, ‘Invested Channel’ is for educational purposes only and should not be interpreted as financial advice of any kind. Viewers are responsible for their own investment decisions. ‘Invested’, ‘Invested Channel’ and those affiliated with the content disseminated are in no way responsible for any gains/losses incurred through investments of any kind. Investors should…
The Metaverse Isn’t Real
If we believe in this, then we are just beginning our journey. The metaverse that many seem to think is just around the corner is the Spielbergian Ready Player One version. A fully immersive, almost photorealistic fantasy world where you can be a superheroic player, have access to endless information, feel real-time haptic response and benefit from fully functioning economies. While there are notes of this in some current projects, we do not yet have the bandwidth, real-time processing power or home hardware to truly bring this vision to life.…
Crypto VC Firm CoinFund Looks to Raise $250M Seed Fund
In August, the firm launched the $300 million CoinFund Ventures I fund to invest in crypto companies gaining commercial traction in a sector with a large total addressable market, David Pakman, CoinFund managing partner and venture investing head, told CoinDesk at the time. Source
Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra – Bitcoin News
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed a “soft-pegged stablecoin” built on Terra. Terra Blockchain Ecosystem to See a New Stablecoin Called Solid Roughly five months ago, the crypto community experienced some dark days when the stablecoin terrausd (UST), now called terraclassicusd (USTC), depegged from its $1 parity. Today, USTC is changing hands for…