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Survivability in Times of Crisis, Internet Outages and Cyber Warfare – Bastyon Inventor Explains
25.7.2022
Bastyon is a social platform that combines elements of Youtube, Twitter and Torrent; it is closing in on half a million users and growing fast. Bastyon is built on the premise that social media should be Web 3.0, decentralized with an open-source code, distributed node infrastructure and...
Metaverse Real Estate Sales to Grow by $5 Billion by 2026
25.7.2022
The real estate market in the metaverse is projected to pass $5 billion by 2026. This is the prediction of the latest metaverse report by Technavio, a global market research firm. The report states that the rise will be fueled by the growth of the metaverse into a mixed reality environment, where...
Bitcoin and Ethereum Correct Gains, Altcoins Show Bearish Signs
25.7.2022
Bitcoin price started another decline after it failed to settle above the USD 23,000 zone. BTC corrected gains and traded below the USD 22,000 level. It is currently (04:09 UTC) trading near USD 21,900 and is down over 2% in a day and still up 5% in a week.
Similarly, most major altcoins have...
Donald Trump Warns US Economy Is Facing ‘Much Bigger Problem Than Recession’ — ‘We’ll Have a Depression’
25.7.2022
Former President Donald Trump has warned that the U.S. economy is facing “a much bigger problem than recession.” Noting that “We’ll have a depression,” he stressed: “We have to get this country going, or we’re going to have a serious problem.”...
SEC Criticized for How It Regulates Crypto — Chair Gensler Says Most Crypto Tokens ‘Have Attributes of Securities’
25.7.2022
The U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a former Coinbase employee in an insider trading case, in which the SEC named nine crypto tokens...
Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months
24.7.2022
Three months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins...
Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says
24.7.2022
The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not...
Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS
24.7.2022
If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength
Argentinian Government Excludes Crypto Investors From Buying Dollars
24.7.2022
The Argentinian Central Bank has issued a new set of restrictions that are affecting citizens and companies that have purchased cryptocurrency to use it as a hedge against currency devaluation. The bank will only sell dollars at an official rate to individuals and companies that have not purchased...
Meta History Museum Raised Over $1,000,000, Releases New NFT Collection in Support of Ukraine
24.7.2022
The META HISTORY project team created Ukraine’s first NFT war museum one month after Russia’s full-scale invasion. Since then they have managed to raise $1,290,398 (803.28 ETH) for the Aid For Ukraine crypto fund, created by the Ukrainian Ministry of Digital Transformation together...
The Merge is Ethereum’s chance to take over Bitcoin, researcher says
24.7.2022
Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin
Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency
24.7.2022
While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve...
Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
24.7.2022
After Tesla sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t
Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’
24.7.2022
In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in June rose at the fastest pace in over 40 years. U.S. president Joe Biden has been in office for 18 months...
Finder’s $675 ETH Prediction, India Calls on G20 Re: Crypto Taxes, Peterffy Concerned BTC Could ‘Become Worthless or Outlawed’ — Bitcoin.com News Week in Review
24.7.2022
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a new Finder survey knocks down previous forecasts for ethereum’s price a notch, with crypto experts predicting lower long-term prices for the asset. Also, India calls on G20 nations to bring...
LBank Exchange Will List Cryptostone (CPS) on July 25, 2022
24.7.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list Cryptostone (CPS) on July 25, 2022. For all users of LBank Exchange, the CPS/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on July 25, 2022....
Huobi Becomes Latest Crypto Exchange to Receive Provisional Approval From Dubai Regulator
24.7.2022
Huobi recently became the latest cryptocurrency exchange platform to be granted provisional approval by the Dubai Virtual Assets Regulatory Authority, a statement from the company has said. The provisional approval allows Huobi to offer virtual asset exchange products and services...
Bitcoin must close above $21.9K to avoid fresh BTC price crash — trader
24.7.2022
Traders paint clear cut-off points for Bitcoin price action as the week draws to an end near crucial moving averages
Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI — Liquidators Accused of Failing Their Duty
24.7.2022
In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators. The revenue collector added that it wants the tax bill settled before the...
Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’
24.7.2022
According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send...