Tag: News

Why Commodities Could See Decline Soon, Good News For Bitcoin?

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Global commodities could be about to take a hit, the move might translate into some relief for Bitcoin and the crypto market. The nascent asset class has been experiencing downside pressure as the U.S. Federal Reserve (FED) is set to stop inflation from worsening. Related Reading | Bitcoin Records 1st Weekly Green Candle In 3 Months – A Start Of A Bull Run? At the time of writing, Bitcoin (BTC) trades at $31,300 with a 4% profit in the last 24-hours. In the past week, the benchmark crypto records a 6%…

2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months – Altcoins Bitcoin News

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15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen its market capitalization grow 407% since February 26, 2021, and Tether’s XAUT market valuation swelled by 248% since that day. Presently, PAXG’s and XAUT’s market capitalizations combined equate to just over $1 billion in value.…

Eurovision Winners’ NFT Auction Raises $900K for Charity – Metaverse Bitcoin News

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Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was held on MetaHistory — the official Ukrainian charitable NFT museum – and raised $900,000 in cryptocurrency for Ukraine. MetaHistory and Kalush Orchestra’s NFT Charity Auction The largest European crypto exchange originating from Ukraine, WhiteBIT took home the iconic crystal microphone trophy. The auction on the MetaHistory platform raised $900,000 with the Eurovision Song Contest 2022 prize sale. WhiteBIT simultaneously broke two Ukrainian records. They made the most expensive (500…

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink – Markets and Prices Bitcoin News

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Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021. From $4.6 Billion to $1.5 Billion — NFT Sales Slide More Than 65% Lower Than the Month Before Over the last two years, non-fungible tokens (NFTs) have become very popular and a billion-dollar industry in…

ADA up 13% on Monday, THETA Moving Towards Multi-Week High – Market Updates Bitcoin News

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Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%. Cardano (ADA) ADA was one of the most notable movers on Monday, as prices surged back towards a long-term resistance level. Monday saw ADA/USD rally to an intraday high of $0.6435, which is the highest point it has reached since May 31. This move, which started at support of $0.5560,…

Ethereum is HEAVILY Undervalued! (3 MONTH WARNING) BEST Cryptocurrency Investment 2022!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum is HEAVILY undervalued in 2022? Price Prediction? 👋 Earn Bitcoin Back w/ BlockFi Rewards Credit Card 👉 Bitcoin 2022 in Miami 👉 💥 💥 💥 Use code “ALTCOINDAILY” for 10% off! 💥 💥 💥 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:46 – People LOADING UP on Bitcoin (Be Ready) 1:14 – Ethereum GETTING DRAINED from exchanges as…

105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows – Regulation Bitcoin News

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There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase of digital currency exploration (development, pilot, or launch). 105 Countries Are Exploring CBDCs The Atlantic Council’s Geoeconomic Centre has released a major update to its Central Bank Digital Currency (CBDC) Tracker. According to the tracker: 105 countries, representing over 95 percent of global GDP, are exploring a CBDC … A new high of 50 countries are in an advanced phase of exploration (development, pilot, or launch). Furthermore, the…

BTC Surges Above $30,000 to Start the Week – Market Updates Bitcoin News

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Following a weekend which saw bitcoin trading mainly in the red, prices rebounded to start the week. BTC was once again above $30,000 on Monday, while ETH climbed by over 5%. Bitcoin The world’s largest cryptocurrency was trading higher on Monday, as prices once again rose above the $30,000 level. Following a low of $29,574.45 on Sunday, BTC/USD rallied to a peak of $31,342.18 earlier in today’s session. This move comes after the interim support level of $29,500 held firm over the weekend, with bulls using this as a point…

URGENT!!! WORST COLLAPSE IN CRYPTO HISTORY EXPLAINED

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ✅ Follow EllioTrades on Twitter: ✅ Sign Up for the Free Daily Newsletter: How’s it going E.T Fam? Hopefully, everyone’s week has gone well despite the current conditions of the crypto market. I know that the week is almost over, but our weekly dose of crypto drama is just starting. As the famous saying goes, when it rains, it pours….and eventually the pouring rain becomes a flood. I think it’s safe to say that we’re approaching flood levels. For those of you…

More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances – Bitcoin News

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A recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the country. The survey, carried out by the University Institute of Public Opinion of the José Simeón Cañas Central American University, found that most Salvadorans believe the inclusion of bitcoin as legal tender, through the approval of the Bitcoin Law last year, has not improved their personal economic situation. Salvadorans Disregard Bitcoin’s Importance to Their Finances The inclusion of bitcoin as legal tender in their country and…