Shortly after purchasing a 9.2% stake in Twitter, Tesla’s CEO Elon Musk has announced that he is hoping to pave the way for “significant improvements” to the social media platform “in the coming months,” and possibly for the integration of dogecoin (DOGE) payments for premium services. This could potentially stimulate the demand for the…
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April has historically been one of the strongest months for the crypto market, with bitcoin (BTC) rising by 46% on average, according to major crypto exchange Kraken. However, there are also other ecosystems to look out for, with Avalanche (AVAX) and Terra (LUNA) being among the most promising, argued crypto trading platform ByBit and…
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A project the team behind Cardano (ADA) to equip students in Ethiopia with digital identities and credentials is moving forward, with a planned launch of the first phase set to happen “in the next two months.” John O’Connor, Director of African Operation at Cardano development firm Input Output Global (IOHK), commented on the team’s…
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The Chinese e-pay platform WeChat Pay has unveiled a digital yuan interoperability solution that will allow users of the service to make payments in the central bank-issued token. As reported, the central People’s Bank of China (PBoC) has recently expanded the number of cities included in its pilot for the digital CNY to include…
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Bitcoin price spiked below the USD 43,000 level before recovering. BTC is currently (11:46 UTC) consolidating near USD 48,000 level. If there is an upside correction, the price could face resistance near USD 44,000. Similarly, most major altcoins might struggle to recover losses. ETH might face resistance near the USD 3,300 level. XRP could…
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Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain. “Zuck Bucks,” which is how it is called by Meta employees internally, is one of these virtual coins designed for the metaverse, according to a recent Financial…
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The eyeball-scanning crypto startup Worldcoin has been hit with another setback – with a report alleging user anger with the company, and some accusing its architects of being “thieves.” As reported recently, Worldcoin has decided to halt its operations in some seven countries after logistical hurdles began cropping up…. Read More: More Problems Building…
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Amid an intensification in the European Union’s crypto-focused legislative efforts, the European Commission has launched a new consultation on its digital euro central bank digital currency (CBDC) project. The procedure will allow interested stakeholders who want to help shape a digital euro to voice their opinion to Brussels, with privacy concerns likely to rank…
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Bitcoin price spiked below USD 45,000 and is currently (11:30 UTC) consolidating losses near USD 44,900. A close below USD 45,000 might start another decline in the near term. The price is now down almost 4% in a day. Besides, most major altcoins are trading in the red zone. ETH might gain bearish momentum…
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The Celo (CELO) network’s native token rose the most among all of the top 100 cryptoassets by market capitalization today before trimming some of its gains. As of 16:32 UTC, CELO was up by 8% for the past day and 43% for the past 7 days. The token traded at a price of…
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