BTC Emerges as a Safe Haven for Investors Amidst Federal Reserve’s Inflation Battle
Investors have been increasingly drawn towards Bitcoin (BTC) amidst the Federal Reserve’s struggle with inflation. The severity of the inflation situation has left consumers with weak purchasing power, despite rising wages. According to Brian Krogsgard, the Cofounder & CMO at Flip, the policy updates from the U.S. Federal Reserve and Bitcoin prices are showing a clear contrast. The Fed’s efforts …
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US Senator Ted Cruz Endorses Bitcoin, Fueling a Surge of Interest in the Cryptocurrency Market
The recent endorsement of Bitcoin by US Senator Ted Cruz has sparked renewed interest in the cryptocurrency market. Senator Cruz, a prominent conservative figure, took to Twitter to express his support for Bitcoin, citing its ability to serve as a hedge against inflation and a way to protect individual freedoms. This endorsement is seen as a significant development for the …
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Wrapped Bitcoin Token Launched On Cardano Testnet
Cardano developers are trying to attract Bitcoin (BTC) investors into the Cardano DeFi ecosystem by launching wrapped Bitcoin tokens cBTC. Using this facility, users can mint cBTC tokens from the anetaBTC protocol and they can use those tokens to trade, fund or provide liquidity to the Cardano testnet protocol. This is mainly done to provide Bitcoin’s liquidity to the Cardano …
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Nine Years of Hibernation Ends: Dormant Bitcoin Whale Transfers $60 Million in One Go
According to a recent report from on-chain analyst Lookonchain, a Bitcoin whale that has been inactive for nine years has recently transferred $60 million worth of Bitcoin. The transfer was initiated from a wallet that has been dormant since 2013, and the Bitcoin was transferred to an unknown wallet. This news has caused a commotion among the cryptocurrency community, with …
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Australia Surpasses Asia in Bitcoin ATM Installations
According to recent reports, Australia has outpaced the entire Asian continent in the number of Bitcoin ATMs installed. This is despite the fact that Asia is home to major economies such as China, Japan, Singapore, and India. In fact, Asia accounts for only 1% of the world’s total crypto ATMs, with a mere 355 machines. On the other hand, Australia …
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Bitcoin Maintains $30K Mark While Ethereum Surge by 5% in the Last 24 Hours
On Thursday, most cryptocurrencies were trading higher following better-than-expected US economic data. Bitcoin (BTC) rose 0.66% to $30,244, with a trading volume of approximately $18.62 billion, an increase of 6.42% in the last 24 hours. According to Mudrex CEO Edul Patel, BTC is trading above the $30,000 level, indicating that the bulls have the upper hand in the market. Ethereum …
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Singapore Regulators to Develop Guidelines for Banks on Screening Crypto Clients
According to Bloomberg, Singapore regulators are working with police to develop uniform guidelines for banks to aid in screening potential crypto clients. The guidelines aim to help banks optimize their procedures for vetting potential crypto clients who want to open accounts. The Monetary Authority of Singapore (MAS) and police have been working with lenders in the city-state to establish uniform …
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Nasdaq to Offer Revolutionary Custody Services for Bitcoin and Ethereum
The global stock exchange operator Nasdaq is set to launch its crypto custody services by the end of June 2023. The move signifies an increasing interest in the cryptocurrency industry by institutional investors despite widespread regulatory uncertainty and suspicion of cryptocurrencies in some countries. Nasdaq has applied to the New York State Department of Financial Services for a limited-purpose trust …
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Five Unique and Great Ways to Use Your Bitcoin Cash-Out
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Antonio Anderson
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February 15, 2022
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Bitcoin, Crypto
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0 Comments
In the modern age of the Internet, various new methods of investing are being invented. One of the most popular new-age investments is cryptocurrency. Crypto refers to virtually operated currency generated on the Internet. People use real-world money, buy cryptocurrencies, store them in wallets, and invest in them. After that, the customer sells the previously bought cryptos based on the …
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WildEarth TV Channel Announces NFT Collection For Wildlife Conservation
The WildEarth TV Channel That Tracks Animal Movements In The Wild Will Now Mint NFTs For Sale To Help Support Conservation Efforts Of Wildlife Habitats SINGAPORE / ACCESSWIRE / January 28, 2022 / WildEarth, one of the world’s largest broadcasters of live-streamed nature and animal experiences, has announced an NFT project that allows viewers and nature enthusiasts to support conservation efforts …
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