Tag: bitcoin trader

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Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists

February 18, 2022

The multinational music corporation  Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for the company’s labels and recording artists worldwide. Curio Platform Will Be Universal Music Group’s Dedicated Global Outlet…
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Pakistan Central Bank Governor on Cryptocurrency: ‘The Potential Risks Far Outweigh the Benefits’

February 18, 2022

The Pakistani central bank governor, Reza Baqir, recently revealed that his organization has determined the risks posed by cryptocurrencies “far outweigh the benefits.” The governor, however, suggested that if solutions that address these potential risks emerge, the central bank “is open to looking at them.” Crypto Said to Have No ‘Real Economic Benefits’ for Pakistan…
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Spellfire: Crypto Project Older Than Crypto Starts a ‘10 Days Growth’ Sprint

February 18, 2022

Spellfire has packed 30 years of history into an amazing experience and combined it with the latest trends of tomorrow. Defining the future of NFTs and adding new standards to collectible card games has become the core aims of game developers. St. Valentines day has marked an important date in the game’s development. “Massive news…
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Bitcoin Nears USD 40K, Ethereum Below USD 3K, Altcoins in Red

February 18, 2022

  Bitcoin price started a stronger decline after it failed to stay above the USD 42,500 support zone. BTC even declined below USD 41,200 and traded close to USD 40,000. It is currently (04:18 UTC) correcting losses near USD 40,700, but the bears might be active near USD 41,200. Similarly, most major altcoins are down…
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Ethereum dominance may dwindle as competitors emerge: Morgan Stanley

February 18, 2022

“Ethereum demand is tied more closely to transactions. Therefore, similar scaling constraints hurt Ethereum demand more than they suppress Bitcoin demand,” Morgan Stanley’s report reads. Morgan Stanley’s wealth management global investment office has published a report on Ethereum (ETH) arguing that the blockchain’s dominance could dwindle if strong market competition emerges. The investment banking giant’s…
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Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies

February 18, 2022

BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000. Bitcoin (BTC) and altcoins dropped further on Feb. 17 after the situation in Ukraine worsened and Russia expelled Bart Gorman, the United States Deputy Chief of Diplomatic Mission, from the country…
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Nifty News: UFC Strike marketplace, Horrific Crypt TV, and new travel NFTs

February 18, 2022

Dapper Labs has been busy with several new launches this week, while Crypt TV and Metaversal are launching a scary new NFT collection. NFT developer Dapper Labs launched the UFC Strike nonfungible token (NFT) marketplace on Feb. 18, contributing to a 50% increase in NFT sales on the Flow blockchain over the last 24 hours.…
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Low Millennial financial well-being drives crypto adoption: report

February 18, 2022

Millennials are most likely to seek alternative financial services and assets such as crypto, and younger generations are hopping on to the bandwagon leading researchers to expect a crypto boom in 2022. Data shows that Millennials in the United States are flocking to alternative financing methods such as crypto assets to boost their financial well-being.…
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Bitcoin difficulty reaches all-time high, hash rate up 45% in 6 months

February 18, 2022

The Bitcoin network has hit another all-time high in terms of difficulty as competition between miners intensifies. The Bitcoin network has hit yet another all-time high in mining difficulty after a steady climb since last July’s lows. On-chain analysis tool CoinWarz indicated on Feb. 18 that mining difficulty reached a new high of 27.97 trillion…
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Ertha Metaverse Sells Rome NFT for Record $120k

February 18, 2022

Ertha Metaverse looks unstoppable on its path to becoming the industry’s top metaverse. The project is already recognized as having one of the most searched-for tokens in GameFi and at the time of writing, holds a fully diluted market cap in excess of $380 million. Today its developers have announced that a new sales record…
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