During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings. The Market Wrap team is out of the office on Friday because it’s a CoinDesk company holiday, with most traditional markets closed in the U.S. For the […]
Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coin Surge Read More »
Bitcoin Magazine partnered with two NBA stars to drive humanitarian relief efforts for those affected by the Ukrainian conflict with a new “Shoe-R” code. Bitcoin Magazine is partnering with two Ukrainian NBA stars to raise funds for humanitarian efforts as a result of the war in Ukraine. Svi Mykhailiuk of the Toronto Raptors and Alex Len
BITCOIN MAGAZINE PARTNERS WITH NBA STARS FOR UKRAINIAN RELIEF Read More »
Nigerians are entering the crypto space because of the lack of affordable financial services and high inflation rates, given that 35% of them were engaged in this sector in the last six months, according to a study by crypto exchange KuCoin. KuCoin suggested that cryptocurrencies were filling the gap in the traditional currency-based market because Nigerians are using them
35% of Nigerians Have Entered the Crypto Market in the Last 6 Months, Study Shows Read More »
KEY POINTS Amazon on Wednesday added a 5% fuel and inflation surcharge for U.S. third-party sellers who use its storage and shipping services. CEO Andy Jassy told CNBC on Thursday that it was a necessary step as the company faces rising costs tied to inflation, the pandemic and the war in Ukraine. Amazon CEO Andy Jassy
The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.” CEO on Amazon Accepting Crypto Payments and Selling NFTs Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an interview with
Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’ Read More »
KEY POINTS Billionaire Tesla CEO Elon Musk acknowledged Thursday he is “not sure” he’ll actually be able to buy Twitter, hours after he made an offer to acquire the company. Asked by TED’s Chris Anderson if there was a “Plan B” if his current offer were rejected, Musk said, “there is.” Billionaire Tesla CEO Elon Musk acknowledged
Cult.DAO is the latest decentralized autonomous organization to create a stir. What’s behind the mysterious crypto sect? The Manifesto In simple terms, Cult.DAO can be best described as a venture capital fund run by Anonymous. The decentralized autonomous organization was founded in January 2022 by a man who goes by the pseudonym Mr. O’Modulus. Preferring
Cult DAO – Revolutionary Movement Or Just Another Meme Token? Read More »
Cardano network growth has done little to help ADA’s price shake its multi-month slump. Cardano’s (ADA) price risks undergoing a severe correction in the next few months despite touting its blockchain network’s bolstering growth and a “major” hard fork event in June. Descending channel hints at ADA sell-off ahead ADA, which makes up about 1.75%
Cardano price risks 30% drop in Q2 despite a ‘major’ hard fork ahead Read More »
Bison Bank was authorized on Thursday to offer crypto custodian and trading services in Portugal. Bison Bank, a Portugal-based financial institution, has received a license from the Portuguese central bank (Banco de Portugal) to operate as a virtual asset service provider (VASP), Banco de Portugal announced Thursday. Bison Bank will create a special business division, Bison
Central Bank of Portugal Grants Country’s First Crypto License to a Bank Read More »
TravelX announced on Monday that it has partnered with Air Europa to release the world’s first non-fungible token (NFT) flight ticket collections or “NFTickets.” The owner can issue a matching flight ticket by presenting the NFT, the company said. TravelX claims to be building the travel industry’s first blockchain-based distribution protocol. While Air Europa is the third largest
TravelX, Air Europa Launch World’s 1st Flight Ticket NFTs Read More »
