Bitcoin programmability may also help further drive Bitcoin adoption as both a technical and financial layer in our society, which in turn may “drive up the price” over the long term. While the Bitcoin network isn’t programmable, it serves as an excellent settlement layer to build robust applications on top of, says Hiro CEO Alex…
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Starbucks, the world’s largest coffeehouse chain, is diving into the Web3 and non-fungible tokens (NFTs) space with plans to launch a blockchain-facilitated loyalty program called Starbucks Odyssey. In a press release, the American multinational company stated that by leveraging Web3 technology, the loyalty program will allow Starbucks Rewards members to access experiences and ownership that were…
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The bitcoin price is crashing at the start of the US session after US Consumer Price Index inflation came in at the top of economists’ forecasts. Bitcoin is trading down 4.1% at $21,404 after a good run in which still leaves the price up 13% over the past seven days. As we reported earlier today,…
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The leading cryptocurrency, Bitcoin, suffered a massive drop, losing more than 12% to $19,850 amid stronger-than-expected US CPI figures. Before the news release, technical indicators, particularly the 100-day moving average (MA), indicated the possibility of a bullish trend continuation. However, the BTC/USD has fallen below the moving average, resulting in a significant drop. … Read More:…
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Bitcoin price failed to stay above the USD 22,500 resistance zone. BTC declined nearly 10% and is currently (03:30 UTC) consolidating losses. If the price stays above USD 20,000, it could start a fresh increase. Similarly, most major altcoins are declined and tested key supports. ETH declined over 5% and tested the USD 1,550 support.…
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South Korean prosecutors have issued an arrest warrant for Do Kwon (real named Kwon Do-hyeong) the, co-founder and CEO of Terraform Labs – the firm behind the Terra ecosystem coins LUNA and LUNC. Kwon is currently residing in Singapore. Per Digital Today, South Korean prosecutors may seek aid from Interpol in their efforts to arrest…
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A crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency. The prototype digital krone is being built on the Ethereum network and the regulator wants to test various technologies and evaluate the potential impact on…
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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in world history is incoming. “Now is the time you need to get into crypto,” he stressed. Robert Kiyosaki Says Now Is the Time to Buy Crypto The…
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The brother of a former Coinbase product manager has pleaded guilty in a cryptocurrency insider trading case. According to the U.S. Department of Justice (DOJ), he is facing up to 20 years in federal prison. DOJ’s First Crypto Insider Trading Case The U.S. Department of Justice (DOJ) announced Monday that Nikhil Wahi, the brother of…
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As part of the deal, Square Enix will develop games on Oasys’ PoS network, joining the likes of Sega, Double Jump, Bandai Namco and Ubisoft. Square Enix, the Japanese game developer behind the beloved Final Fantasy franchise has signed on as a node validator for blockchain gaming project Oasys, with the duo also teaming up…
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