Tag: News

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…

Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated – News Bitcoin News

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Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he insisted that there is a need for the enactment of laws that guide players in this space. Digital Currencies Create Opportunities for the Youth One of Nigeria’s presidential aspirants, Bukola Saraki, was recently quoted saying he supports digital currencies and that he does not think they will wreck the economy. The presidential hopeful nevertheless suggested that there must be legislation and policies in place to…

PlanetQuest and Immutable X Launch Community Friendly NFT Planet Sale – Press release Bitcoin News

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press release PRESS RELEASE. In a radically different approach to handling an NFT sale, PlanetQuest, has just launched its community friendly Planet Sale at planetquest.io. The Cinematic Multiverse and Blockchain Game, backed by Hollywood and Gaming talent, top tier investors and a community of over 215.000 Explorers, is pioneering a whole new sales approach that promises to eliminate gas wars, frustration and front running bots, while ensuring their first ever, real-time 3D Planet NFTs end up in the hands of deserving buyers and community members. After coming out of stealth…

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3 – Altcoins Bitcoin News

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The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even cheaper, as the median-sized ethereum transaction fee on May 29 is around 0.00086 ether or $1.56 per transfer. Ethereum Gas Costs Sink to Lowest Levels Since July 2021 Ethereum network fees are the cheapest they have been in…

Binance Obtains Regulatory Approval to Offer Crypto Products in Italy – Regulation Bitcoin News

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Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao. Binance Now Licensed in Italy Binance announced Friday that Binance Italy “has received regulatory approval” through registration as a Cryptocurrency Service Provider with the Organismo Agenti e Mediatori (OAM), as required by the Italian legislation on crypto assets. The announcement states: The registration of Binance Italy … allows the company to offer crypto…

2023 will be the year of Bitcoin ‘country adoption’; BTC now 'impossible' to ban in U.S. – Neuner

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Watch part 2 of this interview on altcoins: El Salvador was the first country to adopt Bitcoin as legal tender, having officially made the cryptocurrency an accepted medium of exchange on September 7, 2021, but now, other countries are following suit. This week, Malaysia’s Deputy Minister of Communications and Multimedia Zahidi Zainul Abidin proposed to parliament that Malaysia should also make Bitcoin legal tender. Follow Michelle Makori on Twitter: @MichelleMakori ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Ran Neuner on…

‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble – Economics Bitcoin News

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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money. Michael Burry’s Recession Warning Famous investor and founder of investment firm Scion Asset Management, Michael Burry, warned on Friday about a looming consumer recession and more earnings trouble ahead. He is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis…

The Fed Must Decide Between Two Policy Mistakes, Says Economist – Economics Bitcoin News

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Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well into 2023. “I think the time has passed for a soft landing,” the economist stressed. Mohamed El-Erian on Inflation, Recession, and the U.S. Economy Economist Mohamed El-Erian discussed where the U.S. economy is headed and the Federal Reserve’s plan to bring inflation under control in an interview with Bloomberg Friday. El-Erian is Chief Economic Advisor at Allianz, the corporate parent…

Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill – Regulation Bitcoin News

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A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry has introduced a number of revisions to the legislation it has been working on in the past few months. Changes to Cryptocurrency Bill Can Make International Coin Payments Possible in Russia The Russian Ministry of Finance has revised its draft law “On Digital Currency” to reflect various suggestions by other government departments and agencies, the…

Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million – Blockchain Bitcoin News

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A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown obtained $2.26 million in sales during the past 24 hours, and the collection’s floor value jumped 103.2% higher today, to a daily high of 2.79 ether. Mysterious Free-to-Mint Goblintown NFT Collection Captures Millions The latest NFT collection turning heads this week is a project called Goblintown, an NFT compilation consisting of 9,999 goblins. One reason the…