Day: December 17, 2022

Tesla (TSLA) Stock Forecast 2023: Coinspeaker Advent Calendar

In tandem with other market trends, TSLA is down by over 58% Year-to-Date as tech stocks received a beating across the board. Dear readers, the chilly winds of Winter are finally upon us and as the holiday season beckons, it is imperative to look forward to what the future holds. In today’s episode of Coinspeaker Advent Calendar, we will be looking at Tesla Inc (NASDAQ: TSLA), one of the most iconic electric automakers in the world today. Is Tesla stock a good buy for 2023? How well will the stock…

Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis

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The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspended repayments citing liquidity problems amid the bear market. However, Bitvavo announced to prefund the locked assets, preventing DCG-induced service disruption for users. With users proactively exploring self-custody options as a means to safeguard their funds, an acute liquidity crisis is expected to loom over exchanges. DCG cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds. Bitvavo,…

Nine out of Ten Consumers Interested in the Metaverse – Metaverse Bitcoin News

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A report issued by Capgemini, a consulting firm, has found that most consumers are at least curious about the metaverse and what it might bring to their lives. The report, which also examined consumer and company expectations of immersive experiences, explains that many are already taking advantage of the metaverse concept. Capgemini: Metaverse Seeing Interest From Consumers and Organizations The Metaverse is becoming the focal point of studies that seek to identify the potential of possible investments in the field. Capgemini, a consulting firm, found that there is significant interest…

Tesla May Have to Add Bitcoin to its List of Issues

In January 2021, Tesla made a $1.5 billion investment in Bitcoin. Bitcoin was worth more than $30,000 at the time. Tesla’s carrying value on the nearly 42,000 coins retained was over $1.26 billion at the end of the first quarter of 2022, after a few gains and losses. Tesla, the leader in electric vehicles, may have a wild second quarter. First, production issues arose as a result of CV-19 lockdowns in China. There is now the issue of their Bitcoin holdings. Tesla would most certainly have to register a big…

Top Bitcoin Investment Firm calls for more bearish price action!

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Exchange Tokens Like BNB and Huobi Token (HT) Dropped after FTX Crash, Investors Buy in While Price is Low; will Orbeon Protocol (ORBN) Prices Up 655% in Presale

Place/Date: – December 17th, 2022 at 7:41 am UTC · 4 min read Source: Orbeon Protocol Following the crash of the cryptocurrency exchange platform FTX, exchange tokens like BNB and Huobi Token (HT) saw a significant drop in value. However, as investors look for new opportunities in the market, they have seen increased trading volume as many seek to take advantage of the resilient tokens. Orbeon Protocol (ORBN) is gaining attention as the next big investment platform. ORBN is well-positioned to succeed, and analysts are predicting a rise of over…

Snowfall Protocol (SNW) Shoots at the Moon; Dai (DAI) and ApeCoin (APE) Hitting New Usage Lows

The unpredictability of crypto markets continues to confound crypto investors. At a time when most of the crypto world is receding, including some of the biggest tokens like Dai (DAI) and ApeCoin (APE), the newcomer Snowfall Protocol (SNW) is hitting record highs every week. Even as other tokens are losing their market caps routinely, Snowfall Protocol (SNW) is raising more funds at a breakneck pace. Here’s how Snowfall Protocol (SNW) is performing compared to other tokens. Dai (DAI) Dai (DAI) is a stablecoin issued and managed by Maker Protocol. Dai…

UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War – Featured Bitcoin News

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The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures the funds are instantly transferred to the intended recipients. Only ‘Most Impacted and Vulnerable People’ Qualify The United Nations High Commissioner for Refugees (UNHCR) and the Stellar Development Foundation (SDF), an organization supporting the growth of the Stellar blockchain, announced on Dec. 15 the launch of a “blockchain payment…

Metaverse experience to sway real-world travel choices in 2023: Survey

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As borders open up following prolonged COVID-induced travel restrictions, the Metaverse, one of the latest sub-crypto ecosystems, is set to help travelers decide on the destinations they want to experience in person, reveals a new survey conducted by Booking.com personally. Popular online travel agency Booking.com surveyed 24,179 respondents across 32 countries, which revealed travelers’ strong interest in virtually exploring destinations as they decide on their itinerary. Out of the lot, people most likely to try out travel experiences in the metaverse were Gen Z (45%) and Millennials (43%). Nearly half,…