In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million. Canadian Fintech Mogo Dives Deeper Into Bitcoin The publicly traded Canadian enterprise Mogo (Nasdaq: MOGO) (TSX: MOGO) […] Original
Ethereum is emerging as the vanguard for a revolutionary financial system. Advocates of the second most valuable blockchain extol the virtues of smart contracts, envisioning a future marked by market transparency, tokenized funds, and expeditious settlement times. At the time of writing, Ether was trading at $3,780, up 2% and 8% in the daily and weekly timeframes, data from Coingecko shows. Ethereum’s Untapped Institutional Potential Experts argue that Ethereum is yet to undergo its institutionalized hype cycle, lagging behind the fervor witnessed by Bitcoin. Robby Greenfield, the visionary co-founder and…
“Asia stands as a global powerhouse for Web3, boasting tens of millions of crypto users, blockchain developers, and governments at the forefront of regulatory innovation,” said Foster Wright, president of CoinDesk, in a press release. “Hong Kong has strategically positioned itself as a pivotal digital assets hub in this dynamic region. Consensus has consistently served as a global event, bringing together all facets of the cryptocurrency, blockchain, and Web3 community.” Source
A crypto analyst has laid out a scenario where the Bitcoin price could rise above $200,000 by June. This is based on a historical occurrence that could play out again following BTC’s recent run above its previous all-time high (ATH). How BTC Could Rise To $207,000 By June The anonymous analyst behind the prominent crypto X (formerly Twitter) account, Bitcoin Archive, alluded to the 2021 bull run when Bitcoin’s price more than tripled in just 103 days after breaking the previous cycle’s ATH. That means Bitcoin could run to $207,000…
In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling that favored his extradition to the United States, marking a pivotal moment in the ongoing legal battle surrounding the […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. El Salvador reports a 40% gain on its Bitcoin holdings, challenging critic Peter Schiff. Meanwhile, InQubeta, a new AI cryptocurrency, gains traction. A series of positive developments in the crypto market have sparked widespread interest and debate. El Salvador’s bold move to adopt Bitcoin as a legal tender was initially met with acclaim and skepticism. President Nayib Bukele’s recent announcement of a 40% profit margin on the nation’s Bitcoin…
Late November 2020, BTC was knocking at its all-time highs at $19,000 in, while ETH was hovering below $600, some 60% lower than its 2018 peak. A few weeks later, when BTC decisively broke above its former record price, ETH embarked on a multi-month rally to eventually hit a $4,400 peak in May. Source
Tether partners with Uzbekistan’s NAPP to develop blockchain and peer-to-peer telecommunication, aiming to fuel innovation and economic growth. Tether Operations Limited has entered into a Memorandum of Understanding (MOU) with the Republic of Uzbekistan. The goal of this groundbreaking partnership is to develop advanced blockchain and peer-to-peer telecommunication infrastructures within the country. This joint endeavor is not only a testament to Tether’s international strategy of fostering resilient digital ecosystems but also positions Uzbekistan as a prospective global hub for blockchain and crypto innovations. A Synergistic Alliance for Economic Growth By…
Shiba Inu (SHIB) has displayed immense momentum lately standing out as one of the best-performing meme coins in light of the general optimism that took over the cryptocurrency market in the last week. Shiba Inu To $0.000066 Could Be Possible In A Short Time With the price of Shiba Inu rallying in the past few days, the crypto asset has garnered significant attention from investors as several experts predict a rise to new yearly highs. In the same vein, cryptocurrency analyst and investor Rekt Capital has shared his optimistic prediction…
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