Author: Donald Munn
SPONSORED POST* So many new coins are entering the exchanges all the time, and the majority disappear as quickly as they arrived, while only a rare few become household names. However, the most promising projects all have a few things in common, such as ongoing development; secure, reliable, revenue-generating utilities, and the rapid adoption of new blockchain trends and technologies. One up-and-comer that meets the brief is ArbiSmart (RBIS), which although it was first listed just last quarter is already gaining the attention of analysts, who are predicting a 20,000% rise in 2022. Moving into High Gear So far, ArbiSmart…
Buffett and Murger’s historical positions have never been pro-crypto but over time this trend appeared to be changing, though evidently not entirely. “I consider it almost crazy to buy this stuff or trade it”. This was said by Munger, vice chairman of Buffett’s Berkshire Hathaway when referring to digital currencies at the Australian Financial Review. Buffett and Murger against crypto By demonizing this asset, the investor sent a clear message that he does not believe in cryptocurrencies and that these have no future, even going so far as to say that he does not even conceive of how one can…
Bitfinex announced that it will donate 36 Bitcoin (BTC) and 600,000 Tether (USDt) to small businesses in towns in El Salvador where street gangs are reportedly extorting money. Bitfinex and support in El Salvador, the first country with BTC as legal tender The crypto-exchange Bitfinex said it has donated 36 BTC and 600,000 USDt to communities and small businesses in El Salvador, especially those affected by street gangs. #Bitfinex has donated 36 $BTC and $600K in $USDT to help communities and small businesses in El Salvador Let’s aim to bring prosperity and economic freedom to more communities through $BTC and…
On 30 June, news broke that a provisional agreement had been reached between the Council and the European Parliament regarding the proposed regulation on crypto-asset markets (“MiCa“). The stated goal of this intervention is to protect investors and preserve financial stability, while enabling innovation and promoting the attractiveness of the crypto-asset sector. However, the announcement was not accompanied by the official text of the regulation. Indeed, this will have to wait until the formal approval process is completed. However, we can take cognizance of some of the terms of the agreement, albeit general, from what was published in the Council’s…
If you’ve been HODLing, and just letting your crypto sit idle, you’re potentially missing out on a hugely profitable opportunity. Your crypto capital could be earning interest, working hard on your behalf, and the best way to do this is with an interest-generating wallet. Without having to lift a finger, you can make sizable passive profits through bull and bear markets. While there are a lot of wallet options for crypto owners to choose from, the ArbiSmart (RBIS) project’s interest-generating wallet is worth a closer examination. Not only has the veteran project a reputation for reliability, but it is changing…
Payments giant Mastercard has partnered with Fasset, the crypto company operating in the Middle East, to expand its financial offering in Indonesia by supporting local cryptocurrency adoption. Mastercard and Fasset to increase crypto adoption in Indonesia According to reports, Fasset, the crypto gateway of the Middle East market, has partnered with Mastercard to expand cryptocurrency adoption in Indonesia. Navin Jain, country manager of Mastercard Indonesia, has reportedly issued a statement that reads as follows: “The world is changing at an unprecedented rate. With more people relying on digital assets and technologies to become resilient, there is a need for key…
Spain’s Atletico Madrid team has announced its new contract with a crypto company. Atletico Madrid sponsored by Crypto.com Two months ago, the famous exchange Crypto.com concluded a deal with Fifa to become the official sponsor of the upcoming World Cup in Qatar. Also, many football teams decided to sign rich partnership contracts with companies in the crypto sector in the past season, starting with the Italian teams Juventus, Inter, Roma, Lazio, and Milan. Madrid‘s second team announced in a statement that WhaleFin, a digital asset platform powered by the Amber Group, will become its new main sponsor for the next…
According to JPMorgan Chase, the cost of Bitcoin mining in recent times has almost halved. JPMorgan: mining costs dropped significantly According to Bloomberg, a group of JPMorgan strategists, led by Nikolaos Panigirtzoglou, said in a recent company memo that the cost of mining 1 BTC has dropped from about $24,000 in early June to about $13,000 today. After all, at the beginning of June the market value of 1 BTC was over $31,000, while now it has dropped below $20,000. Moreover, it had already dropped since the beginning of May, when it was worth about $40,000. Therefore, in two and…
Binance’s new platform – DappBay, could truly be revolutionary for the Web 3.0 ecosystem. DappBay indeed emerges as the perfect solution to the recurring concerns of the most skeptical users. DappBay will facilitate massive adoption, helping newbies and no-coiners to confidently embrace the world of crypto investing. The functions of DappBay The DappBay platform is dApp hub designed on the BNB Chain ecosystem. The goal of DappBay is to help users quickly discover new Web3 projects safely. In fact, the real strength of the platform is its Red Alarm feature, which can assess the risk levels of each project in…
Analyzing the speeches of more than 355 speakers who took the stage at the Paris Blockchain Week Summit event held a few months ago in the French capital, the company has compiled a report to reveal what would be the 8 trends, or hottest topics, in the blockchain industry. The 8 trends in the blockchain industry First, let’s talk about exchanges. One of the big players at the Paris Blockchain Week Summit was Binance, which was among the main sponsors of the event, but also present were Huobi, Crypto.com, FTX and many other crypto platforms. According to the report, trading…