Tag: Real Estate

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In the Economy 3.0, metaverses will create jobs for millions

Metaverse job opportunities will likely exceed our expectations, with many keeping the same job even after the transition to virtual space. Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the economy. From the job creation programs of the Great Depression to United…
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Brazil in Bitcoin Adoption Drive: Blockchain.com’s Expansion, Miners’ Tax Break, Real Estate Firm’s BTC Choice

  Crypto adoption is gaining pace in Brazil, with the crypto wallet giant Blockchain.com looking to hire local staff, a major real estate firm committing to bitcoin (BTC) pay, and the government looking to incentivize crypto mining by waiving tax on imported mining hardware…. Read More: Brazil in Bitcoin Adoption Drive: Blockchain.com’s Expansion, Miners’ Tax…
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Largest NFT mint ever: Making sense of Yuga Lab’s ‘virtual’ land bonanza

Bored Ape creator Yuga’s Otherdeed launch was the largest NFT mint ever, but are metaverse communities turning into gated communities? Last week, 55,000 parcels of “virtual land” were sold on the Ethereum blockchain for more than $300 million, the largest nonfungible token (NFT) mint ever. It wasn’t without controversy.  In return for shelling out close…
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Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto

An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom)…
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Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble

A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions “investors should be skeptical.” Weiss Ratings Editor Doesn’t Believe Crypto and Mortgages Mix According to…
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ApeCoin slides 40% in three days despite Otherside metaverse land sale — here’s why

APE price could see more downside in the coming days as the Otherside hype cools down. ApeCoin (APE) caught its bulls off-guard with APE price losing nearly 40% in just three days. No dutch auction APE’s price reached its second-highest level, hitting $27.57 on April 28, up more than 2,650% from its mid-March debut. Nonetheless,…
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Here are 3 ways hodlers can profit during bull and bear markets

The bull market may be over, but that doesn’t mean traders have to stop investing. Here are a few ways to invest in crypto even during a bear market. For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come…
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US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Crypto Trading Volume Falls for Sixth Month, US GDP Disappoints + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto Trading Volume Falls for Sixth Month, US GDP Disappoints + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Propy partners with Abra to provide crypto-backed real estate loans

Cryptocurrency investors now have more options for purchasing property without having to sell their digital assets outright. Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially widening the financial use cases of digital assets.  Propy customers can now put up digital assets as…
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