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April 2022

Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at K

Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone. The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk’s purchase of Twitter began to fade and concerns about the state […]

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Yield Guild Games Partner Ola GG Raises M to Expand P2E in Spanish-Speaking Markets

Yield Guild Games Partner Ola GG Raises $8M to Expand P2E in Spanish-Speaking Markets

The funds will be used to acquire yield-generating NFTs and create language-specific educational content. Ola GG, a regionally-focused partner of the decentralized gaming startup Yield Guild Games (YGG), has raised $8 million to expand play-to-earn gaming in Spanish-speaking markets. The seed funding round included investments from Galaxy Interactive, BITKRAFT and Arca, among others, Ola GG said

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South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent

South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent

A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music market.” Tackling the Problem of Copyright Infringement in the Music Industry A South Korean

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MICROSTRATEGY TO ALLOW EMPLOYEES TO INVEST IN BITCOIN AS PART OF 401(K) PLAN

MICROSTRATEGY TO ALLOW EMPLOYEES TO INVEST IN BITCOIN AS PART OF 401(K) PLAN

Fidelity Investments has created a 401(k) allowing individuals to invest in bitcoin and MicroStrategy will be the first publicly traded employer to offer it. Fidelity Investments is launching a 401(k) product offering that allows individuals to include bitcoin in their retirement plan. Bitcoin will be held in the Fidelity Digital Assets custody platform as a

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World’s First Combined Bitcoin, Gold ETP Listed on SIX

World’s First Combined Bitcoin, Gold ETP Listed on SIX

The product has been developed by ETP issuer 21Shares and cryptoasset data provider ByteTree Asset Management. The world’s first exchange-traded product (ETP) that combined exposure to bitcoin (BTC) and gold has been listed on the Swiss SIX stock exchange. The product has been developed by ETP issuer 21Shares and cryptoasset data provider ByteTree Asset Management.

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Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTs

Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTs

OpenSea’s NFT empire just got bigger with its latest acquisition, while virtual influencer Rae creates an NFT collection to advance girls’ education, and online chess players can now turn memorable matches into NFTs with chess.com. OpenSea buys NFT market aggregator Gem In a Monday Twitter post, OpenSea announced it had acquired NFT marketplace aggregator Gem for an

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Oddity Tech Ltd Launches Security Token Offering to Democratize Investing

Oddity Tech Ltd Launches Security Token Offering to Democratize Investing

Oddity Tech Ltd., an online beauty-care retailer, based in New York, announced on Tuesday the launch of its Oddity Token, a digital security token built on the Ethereum blockchain, to provide an opportunity for accredited investors to buy shares in the company in the form of digital security. With the new crypto token, Oddity is

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Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion

Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion

The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it easier for tax agencies all over the world to curb evasion. The organization has already made use of financial information to collect taxes

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Standard Chartered Bank Enters the Metaverse

Standard Chartered Bank Enters the Metaverse

Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.” Standard Chartered Bank Forays Into the Metaverse Standard Chartered Bank announced Tuesday that its subsidiary, Standard Chartered Bank

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