Tag: News

While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations – Bitcoin News

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It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid the token’s 24-hour rise, controversy continues to plague Do Kwon and Terraform Labs. Moreover, the old token, luna classic (LUNC), has been climbing in value as the crypto asset has gained more than 70% during the last day. New LUNA Coin Jumps Over…

Esports Powerhouse Galaxy Racer Invests US$25M to Partner With $QUINT – Press release Bitcoin News

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press release PRESS RELEASE. 30th May 2022, Dubai, United Arab Emirates: Galaxy Racer (GXR), a transmedia powerhouse focused on e-sports, content creators, music, and sports, headquartered in Dubai, is excited to reveal its partnership with, and investment in, the Quint ecosystem’s token, QUINT. Galaxy Racer invested US$25 million into QUINT, making it the first e-sports and lifestyle organisation to invest a significant sum into a cryptocurrency ecosystem. The partnership will also see Quint become GXR’s ‘Native Ecosystem Token Partner’. The e-sports industry has seen a considerable rise in cryptocurrency partnerships,…

ADA Hits 1-Week High, HNT Nearly 20% Higher on Monday – Market Updates Bitcoin News

Cardano was nearly 15% higher on Monday, as crypto markets were mainly in the green to start the week. Despite gains from ADA, HNT was one of the biggest movers today, as it rose by over 20%, hitting its highest point in over a week. Cardano (ADA) ADA rallied on Monday, as it rose by nearly 15% on the day, following three back-to-back sessions of gains. Today’s rally was the most notable from the past two days, and resulted in prices surging to their highest level since May 23. This…

Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender – Bitcoin News

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A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador, has found that more than half of the Salvadorans surveyed still prefer the dollar over bitcoin as legal tender. Bitcoin, which has been pushed by Salvadoran president Nayib Bukele, has in large part not been received positively by the population eight months after its approval as legal tender. Salvadorans Still Unsure About Bitcoin as Legal Tender Citizens of El Salvador are still not sure about the use…

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

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Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday, however the world’s second largest cryptocurrency continued to hover below $1,900. Bitcoin Following almost five days trading below $30,000, BTC finally surged, with prices climbing to their highest point in over two weeks. So far today, we have seen BTC/USD hit a high of $30,806.86, which is its highest level since May 16. Today’s peak comes following three consecutive days of gains, which began near the recent…

Bitcoin Breaks Above $30k as Argentina Launches a Bitcoin Building – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock, who are publicly listed in Canada. Bitcoin has finally shown strength after printing 9 red weekly candles in a row for the first time in a while yesterday. Bitcoin broke above $30,000, but it needs to hold the $29,300 level on a retest to suggest continuation to the upside. Relief has been long overdue in the crypto market, as the U.S. stock market already rallied last week, after Jerome Powell’s speech that gave the market clarity on their plans to…

Latam Countries Are Among the Most Enthusiastic About the Metaverse – Metaverse Bitcoin News

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A new survey has found people’s opinion of the metaverse in emerging countries is significantly more positive than in their developed counterparts. The study, carried out by Ipsos for the World Economic Forum (WEF), also shows that Latam countries are among the most enthusiastic about the future of the metaverse and its applications for different industries. Latam Believes in the Metaverse More and more companies are interested in the opinions people in different parts of the world have about the metaverse. A new survey conducted by Ipsos for…

Frodo Tech Aims to Create Environmentally-Friendly Blockchain Ecosystem That Is Open to Everyone – Sponsored Bitcoin News

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sponsored Frodo Tech aims to create an environmentally-friendly blockchain ecosystem based on a unique cryptocurrency service that all the people in the world can access, without any limitations based on race, region or country. Frodo Will Have No Limitations and No Mining Frodo Tech is an IT and Financial blockchain services company based in Auckland, New Zealand, and a member of the Blockchain Association of NZ (BANZ). Since 2018, it has provided best-fit and trustful solutions around AI, cybersecurity, data analysis, custom applications, mobility, migration, and managed services. The goal…

42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto – Featured Bitcoin News

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A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest. Fewer Turks Now View Gold as Best Investment A recent study by Areda Survey has found that a significant number of Turks — about 42.9% — still consider gold to be the best form of investment. The figure is almost 15 percentage points…

Former Nintendo President States Gaming Companies Are Marching to the Metaverse – Metaverse Bitcoin News

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Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse than other companies due to their experience in building interactive and persistent worlds. Former Nintendo President Thinks Gaming Companies Will Lead the Metaverse The race toward the metaverse space is on, and some think that gaming companies have the upper hand to lead the space in the…