MetaPlanet buys 21.88 BTC as a part of its Bitcoin first strategy

MetaPlanet acquires 21.88 BTC worth $1.2 million, boosting its total holdings to 225.6 BTC amid economic uncertainties.

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Bitcoin to $10 Million? 'Rich Dad Poor Dad' Robert Kiyosaki Says Yes

Author of 'Rich Dad Poor Dad' Robert Kiyosaki predicts $10 million Bitcoin after big economic crash, heralding new bull market

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Bitcoin sinks under $60,000 as $157 million in long positions are liquidated

Market instability and economic concerns are driving uncertainty in crypto investments, highlighting the vulnerability of risk assets to macroeconomic factors. The post Bitcoin sinks under $60,000 as $157 million in long positions are liquidated appeared first on Crypto Briefing.

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Bitcoin Is ‘Economic Immortality’, BTC Price Will Hit $10 Million A Coin — Michael Saylor

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513 Million Bitcoin (BTC) in 24 Hours, Here's What's Coming

Bitcoin (BTC) eyes rebirth on new US economic data release

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Banks Bust, Bitcoin Booms: Price Skyrockets 40% During US Banking Crisis

Bitcoin, the enigmatic digital currency, is back in the spotlight as the US banking system grapples with mounting stress. While some predict a stratospheric rise to $1 million per coin, fueled by economic woes, others remain skeptical.

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EOS Network Foundation implements major overhaul caps token supply at 2.1B

EOS Network Foundation caps token supply at 2. 1 billion. New economic model includes 4-year halvings and support for RAM market. 950 million EOS tokens to be minted for ecosystem growth and rewards.

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Binance set to resume operations in India after $2 million penalty

Binance, the world’s largest cryptocurrency exchange, is set to resume operations in India after being banned earlier this year, The Economic Times reported. According to sources familiar with the matter, Binance has agreed to pay a $2 million penalty as part of its re-entry strategy.

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El Salvador Pioneers Tokenization of Real World Assets: $6.25 Million Raise to Build a Hotel

El Salvador is advancing in blockchain with a tokenized debt issue to fund a hotel, aiming to enhance access to investment and spur economic growth. The post El Salvador Pioneers Tokenization of Real World Assets: $6.

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Samson Mow says Bitcoin will hit $1 million this year amid unprecedented demand

Jan3 CEO Samson Mow said Bitcoin is on track to hit $1 million per coin this year or the next based on market conditions, the upcoming halving, and broader economic factors. Mow made the statement during a podcast appearance on March 12, reaffirming previous predictions regarding Bitcoin reaching a seven-figure price level.

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Bernstein: Small Economic Recovery Would Turn Ether's Tokenomics Favorable

Bernstein forecasts monthly active users for the Ethereum stack to jump to about 500 million by 2032 from around 8.5 million currently.

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Bernstein: Small Economic Recovery Would Make Ether's Tokenomics Favorable

Bernstein forecasts monthly active users for the Ethereum stack to jump to about 500 million by 2032 from around 8.5 million currently.

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DECENTRELON’s Most Extensive Airdrop Celebrates the Next chapter Of Independence For Twitter Users

As a main proponent of decentralization, DECENTRELON, motivates Twitter’s 400 million users to take part in the movement by offering incentives. Similar to the Founding Fathers, Bitcoin was created as a financial technology to promote economic development and freedom.

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Central African Republic Looks To Strengthen Economic Trajectory With Bitcoin As Legal Tender

The Central African Republic, which boasts a population of approximately five million, has now become the second country to accept bitcoin as an official currency behind El Salvador.

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SPACE raises $7M to form economic backbone of metaverse

SPACE Metaverse raised $7 million in a funding round supported by Coinfund, Dapper Labs, Animoca Brands, Digital Currency Group, Hof Capital and others to link various metaverses into a parallel realm, Invezz learned from a press release.

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GEOPOLY Locks In Hard Cap Funding In 48 Hours During Private Round

GEOPOLY has now completed its hard cap founding in a private round. The geolocation economic simulator game has seen increased interest given its real-world applications. This adoption saw the project raise $3 million in just 48 hours.

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Should you invest in Axie Infinity after the launch of the Ronin DEX?

Axie Infinity AXS/USD is a popular non-fungible token (NFT) based game developed by a Vietnamese studio known as Sky Mavis. Sky Mavis recently finished a Series B Funding round where they raised $152 million from major investors to improve their gaming platform and create economic and financial freedom for gamers.

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Coinbase Commits $500 Million of Cash and 10% of Quarterly Income to Invest in Bitcoin, Ether, DeFi & other Cryptocurrencies

Cryptocurrency exchange Coinbase has announced its plan to put Bitcoin and cryptocurrency on its balance sheet. Finally, after Square, Tesla, and other companies, Coinbase is also ready to commit to the future where crypto assets will be the standard of economic transactions, meaning buying, selling, spending, and earnings will all be based on crypto.

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Is Cross-Chain Technology The Best Way Forward For Blockchain and DeFi?

The rapid rise of decentralized finance has changed the economic world forever.   Popular decentralized exchanges like Uniswap and Sushiswap, and lending platforms like Compound, facilitated a Total Volume Locked growth from $675 million to $16.

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Macau casino investor bets on Bitcoin (BTC) amidst a bleak economic outlook

Chinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24. 3 Bitcoin ($1. 35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today.

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NexTech AR to Buy $2 Million in Bitcoin with Treasury Reserves

The firm joins several others deciding to hedge their reserves with BTC. Purchases by firms such as MicroStrategy appear to have also kickstarted the recent bullish price action. Another Company Chooses Bitcoin to Protect its Wealth The turbulent global economic picture this year has inspired yet another company to protect its wealth in bitcoin.

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MassMutual Invests $100M In Bitcoin; ‘Other Return-Hungry Insurance Companies’ Buying BTC: NYDIG Chairman

The 169-year old mutual insurer, MassMutual, purchased $100 million in Bitcoin for its general investment fund. This bitcoin investment is part of the company's broad strategy to take advantage of new opportunities that give it “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.

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Harvest Finance Ups Reward To $1 Million For Hard Evidence Leading To Return Of Stolen Funds

Earlier this week, an economic exploit using flash loans was conducted on decentralized Finance (DeFi) protocol Harvest Finance enabling the attacker to get away with $33. 8 million  — initially believed to be roughly $24 million.

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DeFi Harvest Finance Total Value Locked Halves & FARM Tanks Following ‘Economic Attack’

Another day, another DeFi exploit.  It was last week that the less than two-month-old Harvest Finance saw its total value locked (TVL) surge to $1. 175 billion. And today, it has fallen under $600 million.

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Harvest Finance Hacked for $24 Million, Puts Bounty on Alleged Attacker

According to reports on Oct 26. 2020, nearly $24 million in value has been siphoned from the liquidity pools of Harvest Finance, a major decentralized finance (DeFi) protocol. Harvest Finance subsequently confirmed the hack, stating that the protocol is “working actively on the issue of mitigating the economic attack on the Stablecoin and BTC pools.

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DeFi Protocol Harvest Finance Offers $100,000 Bounty In The Aftermath Of A $24M Exploit

Several decentralized finance (DeFi) protocols have fallen victim to economic exploits since the start of this year. These have included large-scale attacks on the bZx project, the $25 million exploit on dForce’s lending protocol LendfMe.

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China Trials Its Central Bank Currency, The Digital Yuan, In Shenzhen’s Gas Stations

China’s Central Bank assists Shenzhen citizens in using its digital currency as payments to refuel their motor vehicles. The community in the tech hub of China (Shenzhen) received $1. 5 million in digital Yuan, airdropped to gear up the project, 11 gas stations are now accepting digital currency as payments, reported Economic Information Daily.

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How Digitization Can Boost Financial Resilience for People in Poverty

As the world’s poorest people struggle with the economic impact of COVID-19, a potential source of hope has been found in Kenya. Around half of the East African nation’s 52 million people use the mobile payments service, M-Pesa.

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Jack Dorsey’s Square Invests $50 Million In Bitcoin And That’s Yet Another Big Win For Crypto

Square, the mobile payment company founded by Twitter’s Jack Dorsey, announced Thursday that it has invested a mouthwatering $50 million in the bellwether cryptocurrency. According to an official statement, the firm purchased roughly 4,709 BTC as cryptocurrency is “an instrument of economic empowerment and provides a way for the world to participate in a global […]

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Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC

Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.

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Square Pours $50 Million Into Bitcoin, Company’s Stock Price Soars

If you’re wondering what was behind the change in sentiment in the bitcoin price, which on Oct. 8 flipped from red to green, you might want to thank Jack Dorsey. Square has purchased $50 million worth of bitcoin, which it says aligns with its mission of economic empowerment.

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Free Blockchain Code Academy Offers $125,000 After Graduation

With over 40 million Americans recently unemployed due to coronavirus’s economic effects, many are turning to online platforms to boost their chances after markets turn around. To help facilitate this... The post Free Blockchain Code Academy Offers $125,000 After Graduation appeared first on Crypto Briefing.

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Institutional Crypto Trading Platform Raises $17M Despite Economic Slowdown

Amid the COVID-19 slowdown, institution-facing liquidity aggregator FalconX has raised $17 million from top VCs in the crypto space.

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Fed Chairman Powell Calls for More Fiscal Support as Recovery will be Slow, Rules Out Negative Rates

Federal Reserve Chairman Jerome H. Powell said on Wednesday that policymakers might need even stronger fiscal and monetary measures to restore the economic downturn that cost at least 20 million jobs.

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Coronavirus Destroys 120 Million Jobs as Curve Defies India’s Lockdown

India's lockdown extensions don't seem to be working as coronavirus cases spike and job losses balloon thanks to lack of economic activity. The post Coronavirus Destroys 120 Million Jobs as Curve Defies India’s Lockdown appeared first on CCN.com

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Cryptocurrency vs COVID-19: Bloomzed Project Founder Allocated $ 10 Million to Fight Against Coronavirus

Today, there is almost no place in the world left untouched by COVID-19. People suffer losses, businesses are counting their damage. The IMF assessed the economic impact of COVID-19 and considered the observed global downturn to be the worst since the Great Depression of the 1930s.

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Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy

Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value in difficult economic times.

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Countries in Europe Plan to Kickstart Economy as Global Coronavirus Cases Cross 3 Million

Coinspeaker Countries in Europe Plan to Kickstart Economy as Global Coronavirus Cases Cross 3 MillionWhile the total count of the infected COVID-19 cases continues to rise, countries mull the option of restarting economic activity on different fronts after a month of major lockdown.

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Bitcoin demand in Argentina soars as nation faces ninth 'sovereign default'

The economic situation in Argentina can be best described as 'fragile.' In fact, according to a recent report, the South American nation failed to make its $503 million payment which was due on WednesThe post Bitcoin demand in Argentina soars as nation faces ninth 'sovereign default' appeared first on AMBCrypto.

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Another 4.4M Americans Are Unemployed as Economic Crisis Worsens

The economic situation in the United States continues to worsen. Another 4. 4 million Americans filed for unemployment in the past week, according to the latest numbers. Workers in the United States are filing jobless claims at an historic rate.

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IBMR gets fresh $3.48M for ARCC cryptocurrency basket fund; to list on BiKi

IBMR, an economic development reserve and advisory, announced it has raised $3. 48 million as an investment seed into the ARCC Currency Reserve, a basket of cryptocurrencies that include ALGO, BTC, and BNB as well as 700,000 USD in seed investments for US-based tech start-up companies.

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South Korean Govt to Fund $3.2M to Blockchain Startups That Create Economic, Social Value

The Government of South Korea has made yet another progressive move to support blockchain development after it announced $3.2 million funding to startups. This initiative is a collaboration of the country’s Ministry of Science & ICT (Information and Communications Technology) together with the National Institute of Information and Communication Industry Promotion (NIPA). According to a […]

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In times of uncertainty and fear, Binance goes long on India

Binance has partnered with cryptocurrency exchange WazirX to create a “Blockchain for India” fund worth $50 million. The fund plans on investing upwards of $100,000 in startups working on fiat-to-digital gateways, payment, and remittance solutions, DeFi, and trading platforms, the Economic Times reported.

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Interview with “Carl the Moon”: Halving and $5 Million for Bitcoin

Anna Tutova: Hello, guys! Nice meeting you here, Carl, in Davos at the World Economic Forum. Carl is Youtuber, he has YouTube channel “The Moon”. So Carl, can you tell us when did you get first into blockchain? What is you background? Carl the Moon: I have a YouTube channel called «The Moon», and I […]

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OTC Bitcoin Trading Volume Reaches $300 Million in Chile 

Chileans traded almost USD $300 million in Bitcoin over LocalBitcoins. com last week. This jump in over-the-counter trading points to greater shifts in the global economic status quo. Mass Adoption Clearly Underway The data shows a sharp increase in Chilean OTC Bitcoin transactions beginning in late 2016, and although volatile, demonstrates a sharp upward trend.

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“Bitcoin Is A Store of Value to Rival Gold in the Digital Age” – Coinbase

Bitcoin completed its first decade with a mind-boggling 9 million percent increase in value, becoming the best performing asset of the decade. Also, Bitcoin’s value in gold rose significantly amidst the heightened global economic uncertainty.

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'XRP Could Fall to Zero or It Could Be Worth a Million Dollars': American Institute for Economic Research

It could be boom or bust for the price of XRP, according to American Economist Jeffrey Tucker

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Jack Dorsey-Supported African Crypto Startup Hits $1M Volume

Bit Sika, a Jack Dorsey-approved crypto remittance startup from Africa, has already hit $1 million in transactions after launching only four months ago. Jack Dorsey’s African Crypto Vision It is well-known that Twitter CEO, Jack Dorsey, firmly believes that cryptocurrencies have a major potential to change the economic situation in Africa.

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