Tag: Business

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Andreessen Horowitz Report: Crypto Not as Chaotic as It Appears

Top venture capital firm Andreessen Horowitz looked at four key metrics for three cycles of cryptocurrency showing consistent growth. Venture capital firm Andreessen Horowitz thinks the past growth of social media, developers, prices, and startups among cryptocurrencies could mean a crypto cycle favorable to investors in the future. The United States-based company released a report…
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Robert Kiyosaki Predicts Bitcoin Will Be Worth $75k in 3 Years

Robert Kiyosaki predicts that Bitcoin’s price will rise nearly 100% per year over the next three years. Robert Kiyosaki, businessman and best selling author of the book Rich Dad, Poor Dad, has taken to Twitter once again to proclaim his bullish position on Bitcoin. His prognosis? BTC’s price is heading to $75,000 in three years.…
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Basket Currency Could Be the Answer to Hyperinflation, Says Founder of Saga

A stabilized coin, together with Bitcoin, might be the answer to fiat currency hyperinflation, says the founder of Saga. Ido Sadeh Man, founder of the global stabilized digital currency, Saga, spoke with Cointelegraph in an interview on May 15. During the interview, he said that a digital currency backed by a basket of strong fiat…
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Institutional Crypto Trading Platform Raises $17M Despite Economic Slowdown

Amid the COVID-19 slowdown, institution-facing liquidity aggregator FalconX has raised $17 million from top VCs in the crypto space. Institution-facing liquidity aggregator, FalconX, has announced a $17 million fundraising round including participation from Coinbase Ventures, Accel, and a venture capital firm associated with FMR LLC — the parent company of Fidelity Investments. FalconX will use…
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Crypto.com Claims Its Card Is ‘Most Widely Available’ After European Expansion

Crypto.com’s debit Visa cards are now available in all EU states as the company aims for global presence. Payments and cryptocurrency platform, Crypto.com, announced a broad European launch of its MCO Visa cards. The cards will soon ship to 31 countries in the region, according to the company’s blog post, published May 15.  The company’s…
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When Lambo? Lamborghini Launches Blockchain-Based Collectible Stamps

Lamborghini is launching its first blockchain-based collectible digital stamps to ensure history and uniqueness of each piece. Lamborghini, a famous Italian manufacturer of luxury sports cars, continues to utilize the Blockchain in its corporate operations. Among the latest technology developments, the well-known brand is applying blockchain to digitize its collectible stamps. Lamborghini is launching its…
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Visa Files Patent Application for Digital Currency

Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain. Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office. According to the application published May 14 — but filed way back in November 2018 —  inventors Simon J.…
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Surprise CryptoKitties Drop Overwhelms Winklevoss-Backed Exchange

Two years after CryptoKitties ‘broke Ethereum’ and the launch of a new CryptoKitty token has overwhelmed the Winklevoss-backed NFT exchange Nifty Popular crypto-collectibles, CryptoKitties, has just launched 100 tokens depicting ‘Catterina’ — a new collectible drawn by brand ambassador, Momo Wang — on the Winklevoss-backed exchange Nifty. Wang is best known for drawing a cartoon…
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Coinbase Report Suggests Bitcoin Acts as a Gateway to Altcoins

Bitcoin acts as a gateway to altcoins, with only 24% of investors keeping the faith, according to research from Coinbase. Bitcoin (BTC) acts like a gateway down the altcoin rabbit hole, according to new research from Coinbase. The research found that while 60% of users buy Bitcoin as their first cryptocurrency purchase, only 24% of…
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CoinMarketCap Initially Rejected the Metric That Now Puts Binance at No.1

CoinMarketCap last year rejected the web traffic metric that has catapulted new owners Binance into the top spot. Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners  Binance in the top spot.  But this stands in stark contrast…
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