Archives par catégorie: Uncategorized

Crypto custodian Hex Trust closes $10M funding round led by Animoca Brands

Hex Trust, an Asia-based licensed and insured provider of custody for crypto-assets, announced it has raised USD $10 million in an investment round led by Animoca Brands, a company specializing in digital entertainment, blockchain, and gamification. Other investors include Ripple Labs, Algorand Foundation, BCW Group, Tessera Capital Partners, Mind Fund, Double Peak Group, and Token […]

While Politicians Worldwide Clamor Over Tax Evasion, Pandora Papers Show Bureaucrats Are the Worst Offenders

As bureaucrats across the globe continue to ask the common citizenry for access to every financial decision they make, politicians and celebrities worldwide are hiding large amounts of wealth in tax havens according to the Pandora Papers. While American politicians like the Biden administration claim to be against tax corruption, some people view the U.S. […]

Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China’s Ban Makes BTC Stronger

Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is stronger “despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency,” he said. Edward Snowden Says Bitcoin Stronger Despite Governments’ Anti-Crypto Campaign Former computer intelligence […]

Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’

Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,” the bank said, “This is growing, this is mainstream, and it’s not just bitcoin.” Bank of […]

Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro

Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with local media. The politician stated that Brazilians may be able to purchase houses, cars, and even fast food at McDonald’s with cryptocurrency in the near future. Bill 2.303/15, which regulates cryptocurrencies, might approve […]

Blockchain Game Launchpad Partners With Enjin for Accelerated Ecosystem Development

PRESS RELEASE. SINGAPORE — EnjinStarter, a launchpad for blockchain games, has announced a strategic partnership with Enjin to accelerate growth of the Enjin ecosystem. EnjinStarter helps games and apps leverage Enjin’s non-fungible token (NFT) technology and infrastructure, specifically the gas-free JumpNet blockchain and Efinity, an upcoming Polkadot-based NFT parachain. EnjinStarter has secured a seed investment […]

Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations

While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists insist Tanzania lacks the resources needed for it to adopt such digital currencies. Economists: Tanzania an Unsuitable Candidate In their views, published by the Citizen following the BOT’s latest update, […]

Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’

The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle for CBN’s yet to be rolled out digital currency. CBN’s Alleged Trademark Infringement […]

Contango and Influx Support MRHB DeFi’s Inclusive and Ethical Vision

Melbourne, Australia, Oct 5th, 2021 — Community-focused DeFi ecosystem MRHB DeFi is teaming up with Canadian venture capital fund Contango Digital Assets to expand its reach, offering and services beyond the crypto-fluent to excluded communities globally. Contango has made a strategic investment into MRHB DeFi, and will work alongside the MRHB DeFi team, providing expertise and experience […]

Bitwage Raises $1.5 Million in Latest Funding Round

Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online investments. Bitwage will use these funds to extend its functionalities, now that it is facing competition from […]

Face your Fears — What Spooks you from Investing in Stock Market

Face your Fears — What Spooks you from Investing in Stock Market Hey Friends, I am sure that our last post here would have provoked many of you to do some soul searching about what is dissuading you to invest in the share market. Whether you are like me who just loves numbers and growing numbers, especially money […]

Is The Housing Market About To Collapse?

Property giant Evergrande is on the brink of Debt Default— The first casualty of a potential looming debt crisis. Image by Chris Hilbert from Pixabay Chinese Real Estate giant Evergrande announced on Tuesday it may be unable to pay its debt, citing the “tremendous pressure” it is currently under. The result of this poses the risk of […]

Cryptocurrencies & Decentralization: The Next Frontier

A global, broad spectrum gig economy in the making Graphic representation of what a Multichain Decentralized Economy could look like. (Image by Innovationstew) The Intro: Whilst most people have heard the terms “blockchain” and “decentralization,” most have spent little time thinking about how exactly (and what exactly) is going to change because of it. Since blockchain was […]

Best Technical Analysis Indicators For Crypto Trading

Introduction In this article, we are going to briefly review some of the indicators used in technical analysis (from here on abbreviated to “TA”). But before we go into that, what exactly is TA? If you look it up on Investopedia, the definition that will come up is: Technical analysis is a trading discipline employed to evaluate […]

El Salvador Mines Bitcoin Using Volcanic Energy — Analysis, 4 Oct

El Salvador Mines Bitcoin Using Volcanic Energy — Analysis, 4 Oct This past week the positive news dominated the crypto market. On Tuesday, September 28th, the president of El Salvador Nayib Bukele mentioned that the country was preparing to launch the first Bitcoin mining facility using volcanic energy: Source: Twitter Three days later, on October 1st, Bukele tweeted that […]