MicroStrategy has recently made its smallest Bitcoin purchase since it began accumulating Bitcoin on its balance sheet, a move that could signal financial trouble for the enterprise software company. The company founded by Bitcoin evangelist Michael Saylor revealed in a September 19 SEC filing that it purchased an additional $6 million worth of Bitcoin (301 BTC purchased…
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Bitcoin Depot is confident that its plan to go public at a $1 billion valuation through a special purpose acquisition company (SPAC) merger deal will be successful. In an interview with Fortune, Brandon Mintz, CEO of the company that is currently the biggest operator of crypto ATMs globally, said that Bitcoin Depot’s SPAC merger will not…
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Bitcoin price managed to stay above the $18,500 support zone. BTC is currently (11:00 UTC) trading above $19,000. However, the price is still facing a couple of major hurdles near $19,500 and $19,600. Similarly, most major altcoins are attempting an upside correction. ETH is slowly moving higher towards the $1,325 resistance. XRP is up over…
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Twitch, an interactive live streaming platform popular with gamers, has announced a ban on the sharing referral and promo codes of gambling sites that support placing bets in cryptocurrency. In a statement shared on Twitter, the U.S.-based company said that the ban which will take effect on October 18 will apply to gambling sites that include slots,…
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Major crypto exchange Coinbase has announced that it’s been working with decentralized identity infrastructure provider Ethereum Name Service (ENS) to offer Coinbase-managed web3 usernames free to users – enabling them to use that username instead of a traditional address to send and receive crypto…. Read More: Coinbase is Giving Away ENS Usernames to Make Crypto…
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While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept its benchmark bank rate suppressed…
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Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high at 4.090%. The curve between the two- and…
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Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering is consumer friendly as fans can purchase the non-fungible token (NFT) and physical…
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XRP moved to a fresh four-month high on Thursday, which comes as volatility in the crypto markets eased, following the latest U.S. Federal Open Market Committee meeting. The token rose past a key hurdle in today’s session, hitting its highest point since May. Algorand was another notable mover, with prices climbing by as much as…
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PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional skincare protocol and unobtainable beauty standards by bringing its renowned beauty range LUNA…
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