Tag: bitcoin trader

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NFT hype evidently dead as daily sales in June 2022 dip to one-year lows

The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem. Nonfungible tokens (NFT) took center stage in the year 2021 as artists, influencers, A-list celebrities and the sports industry finally came across a fan engagement tool that…
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African celebrities join degens on the journey to the moon

Cryptocurrency is gaining popularity in Africa, and more celebrities are engaging. What are the potential impacts of this new phenomenon? African degens are on a journey to the moon. With crypto, African people’s savings are hedged against insane inflation levels, they can find employment in Web3, and there is always the potential to make life-changing…
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KuCoin CEO slams insolvency rumors citing “no plan to halt withdrawal”

Rumors linked KuCoin’s intent to stop withdrawals with the Terra (LUNA) and the 3AC collapse, which according to the warnings, led to “immense suffer” for the exchange. Crypto exchange KuCoin found itself at the center of discussion when a sub-community of Crypto Twitter started warning investors about an incoming ban on funds withdrawal. KuCoin CEO,…
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Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education. However, the Central Bank of Mexico has been against the introduction of bitcoin into…
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Sleeping Bitcoins Wake Up, Kiyosaki Waits for $1,100 BTC, and Zuckerberg Eyes Metaverse Money — Bitcoin.com News Week in Review

As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting for bitcoin to test $1,100, Russia denies debt default allegations, and Mark…
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Japanese Trust Banks Likely to Gain Permission to Handle Crypto from Autumn

Japan is set to allow trust banks to manage cryptoassets – after a top financial regulator announced plans to roll out legislation that could become legally binding later this year. The newspaper Nikkei reported that the Financial Services Agency (FSA), the body that polices both the banking sector and the domestic crypto industry wants to…
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Crypto Turmoil: 3AC Files for Bankruptcy, FTX and BlockFi Agree, Suspensions at Voyager

Multiple important news reached the market as another week of harsh crypto winter neared its end, providing more clarity on where some major industry players stand…. Read More: Crypto Turmoil: 3AC Files for Bankruptcy, FTX and BlockFi Agree, Suspensions at Voyager  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Hiring top crypto talent can be difficult, but it doesn’t have to be

How to identify top crypto talent in the recruitment process: Hire a diverse range of people who have the required attributes without lowering your standards. Building a career or constructing a team in decentralized finance (DeFi) and crypto relies on finding talent, skills and the right attitude anywhere, in anyone. While this is no different…
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The decoupling manifesto: Mapping the next phase of the crypto journey

The narratives that have propelled crypto to its current status have reached the limits of their influence. It’s time to rethink how to pitch crypto to a broader society. A new financial system; a more democratized, even more inclusive, financial sector; the future of the internet — the crypto ecosystem has been described as all…
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BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M

According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021. FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm. In a Friday Twitter thread, BlockFi…
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