Focusing on utility and continuing to build during a strong bear trend appears to have helped Render Token, NFTX and Yield Guild Games bounce back from the recent correction. Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said…
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LINE Pay said it was considering adding other cryptocurrencies including Bitcoin and Ether to its payments options in the future Users of Japanese messaging giant LINE will soon be able to use the app’s native token for payments at select online merchants in a limited trial. In a Tuesday announcement, the LINE Corporation said that…
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“We believe it is crucial to engage with the world’s best leaders to better understand the industry’s most compelling opportunities and complex challenges,” said Jose Fernandez da Ponte. Major U.S.-based payment processor PayPal has assembled a team of industry experts to act as advisors on crypto, blockchain, and digital currencies. In a Tuesday announcement, PayPal…
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This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investor’s note, Fsinsight’s head of digital asset strategy, Sean Farrell, said the parabolic growth would be due to “legacy market capital entering the fold.” Fsinsight: ‘Bitcoin to Tap $200K in…
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Shiba inu’s (SHIB) 50% rise on Tuesday, seems to have inspired LEO bulls, who moved to push prices up by 61% in today’s session. The move comes as crypto markets consolidated yesterday’s gains. Biggest gainers Monday’s biggest loser, was Tuesday’s biggest gainer, as UNUS SED LEO was up by as much as 61% as of…
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After announcing plans to go crypto in September last year, U.S. Figure Skating now officially accepts Bitcoin for donations. The United States national governing body for the sport of figure skating, U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC). The association has partnered with the…
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Cryptocurrency and blockchain firms are concerned about the future legislation revolving around the cryptocurrency industry and money spent on lobbying cemented this fact. A recently published study indicates that money spent on crypto lobbying jumped 116% in 12 months with $9.56 million leveraged to seek to influence from politicians and public officials. Millions of Dollars…
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In an inflationary environment, assets like Bitcoin are becoming more attractive to corporations looking to diversify their cash holdings. Big Four auditor KPMG’s Canadian operation has officially added Bitcoin (BTC) and Ether (ETH) to its corporate treasury, joining other major companies in converting a portion of its fiat holdings into digital assets. The decision to…
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Bitcoin reclaims support at $44,000, prompting some analysts to suggest closing out longs while looking for a close above $45,000. The mood across the cryptocurrency ecosystem has shifted to cautious optimism on Feb. 7, as Bitcoin (BTC) bulls managed to bid its price back above support at $44,000 with the help of several positive developments,…
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The firm’s global investment strategy team said it wasn’t too early to invest in crypto, but clearing regulatory roadblocks would likely create “higher quality investment options” in the future. Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportunity…
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