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May 2022

WHAT IS THE RELATIONSHIP BETWEEN THE DOLLAR AND THE BITCOIN

WHAT IS THE RELATIONSHIP BETWEEN THE DOLLAR AND THE BITCOIN

However, Bitcoin acts barely anything like the US dollar, proposing that its relationship with the world’s it isn’t that clear to lead government issued money. While Bitcoin was intended to be cash, we contend that the digital currency is best portrayed as an innovation adventure with critical guarantee however restricted foothold as “cash”. While Bitcoin […]

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Dogecoin, Shiba Inu Underperform Broader Crypto Market Despite Fundamental Growth

Dogecoin, Shiba Inu Underperform Broader Crypto Market Despite Fundamental Growth

Adoption and usage of the two tokens failed to move prices by much even as the crypto market added 5%. The tokens of dogecoin (DOGE) and shiba inu (SHIB) rose by an average of 3.5% in the past 24 hours even as the broader market added over 5%, data from CoinGecko shows. The relative underperformance

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Binance commits 0M to co-invest in Twitter with Elon Musk

Binance commits $500M to co-invest in Twitter with Elon Musk

Binance is among 18 co-investors in Elon Musk’s Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company. Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter, according to data filed with the United States Securities and Exchange Commission. On May 5, Musk filed an amended general statement of

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Bitcoin Climbs to K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Despite the Federal Reserve (Fed) increasing interest rates by half a point (0.5%), Bitcoin (BTC) soared by 6% to reach $40,002. Even though the leading cryptocurrency had retraced to $39,595 during intraday trading, it was still 2.46% up in the last 24 hours, according to CoinMarketCap. The Bitcoin market had been engulfed by nervousness about the repercussions

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Dubai Virtual Assets Regulator Establishes HQ in the Metaverse

Dubai Virtual Assets Regulator Establishes HQ in the Metaverse

The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. By establishing a presence in the metaverse, the regulator said it hopes to make itself accessible to all stakeholders. World’s ‘Virtual Assets Capital’ Dubai’s digital assets regulator, the Virtual Assets Regulatory Authority (VARA), has

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Elon Musk says businesses and governments may have to pay to use Twitter

Elon Musk says businesses and governments may have to pay to use Twitter

KEY POINTS The tech billionaire, who is also the CEO of Tesla and SpaceX, added that the social media platform will continue to be free for “casual users.” It’s unclear how much Musk would like to charge businesses and governments, or whether certain groups such as non-profits and journalists would be exempt from any imposed

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LGT, World’s Largest Family-Owned Private Bank, to Offer Crypto

LGT, World’s Largest Family-Owned Private Bank, to Offer Crypto

LGT Bank, the financial institution owned by the princely House of Liechtenstein, is working with Switzerland’s SEBA Bank on the service. LGT Bank, the financial institution owned by the princely House of Liechtenstein and part of the largest family-owned banking group in the world, is offering cryptocurrency custody and brokerage services to private clients, starting

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Elon Musk swaps Twitter avatar for a horde of Bored Apes, BAYC floor price surges 10 ETH

Elon Musk swaps Twitter avatar for a horde of Bored Apes, BAYC floor price surges 10 ETH

The development has caused a stir in the NFT community, with some saying Elon Musk made a collage of bored apes on his avatar to troll NFT owners. Fresh from bidding to Purchase Twitter, Elon Musk, the billionaire CEO and founder of Tesla, sparked a stir on the social media this morning when he changed

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Dubai Regulator Establishes Virtual HQ in the Sandbox Metaverse

Dubai Regulator Establishes Virtual HQ in the Sandbox Metaverse

The Emirate’s Virtual Assets Regulatory Authority (VARA), Dubai’s new cryptocurrency regulator, announced on Tuesday that it has created a virtual headquarters in The Sandbox metaverse platform. The Sandbox is a platform linked to the Ethereum-based blockchain in which users can purchase and sell play games, plots of land, and earn digital currency. Sebastien Borget, COO

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Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition

Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition

Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the school has been “at the forefront in preparing business leaders” and further remarked that the faculty is “proud to embrace” the same technology its students are learning about today. Bentley

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