Monthly Archives: September 2021

Here’s why Avalanche, OriginTrail and Coti hardly budged as Bitcoin fell to $40K

Market corrections are scary, but savvy altcoin traders also know it is an opportunity to secure hefty gains — here’s how. Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the low-$40,000 range and pulled the majority of altcoins down with it. Despite this sharp downturn, a handful of tokens seemed to do much better than the rest of the market by posting […]

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AMC Theatres Explores Accepting Dogecoin: CEO Fascinated by DOGE Poll Results

AMC Theatres chain is exploring how to accept dogecoin alongside four other cryptocurrencies. AMC’s CEO conducted a poll on Twitter and was overwhelmed by the results and enthusiasm of the dogecoin community. “It’s clear that you think AMC should accept dogecoin. Now we need to figure out how to do that,” he said. AMC Considers Adding Dogecoin to List of Accepted Cryptocurrencies Following the announcement that AMC Entertainment Holdings Inc. will accept bitcoin, bitcoin cash, litecoin, and ether for payments, CEO Adam Aron set up a poll […]

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The Case For Bitcoin In Pakistan

The decentralized, economically empowering technology could bring major benefits to the country. Executive Summary This paper is an attempt to highlight Bitcoin’s ever-increasing importance to Pakistan’s socioeconomic future. For purposes of our discussion, Bitcoin refers to the decentralized digital asset with a market capitalization of approximately $900 billion and growing as well as its blockchain-powered monetary network that enables peer-to-peer transactions without relying on a trusted intermediary. Before we proceed, let us be clear on what this paper will not set out to achieve. Although we are […]

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Ripple is helping Bhutan pilot a CBDC

The company claimed its CBDC solution would allow Bhutan’s central bank to deploy a digital ngultrum “without compromising financial stability or monetary policy objectives.” The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom. In a Wednesday announcement, Ripple Labs said Bhutan’s central bank would be taking advantage of the company’s private ledger to issue and manage a digital ngultrum. According to Ripple, the move was motivated by the Royal Monetary Authority’s, or RMA’s, effort to […]

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NFT project partners with Afghanistan organization to help women get access to education

“This is a generation that grew up hopeful and dreaming about their future through educational opportunities,” said Women for Afghan Women’s U.S. country director Naheed Samadi Bahram. Non-fungible token company Bookblocks.io has partnered with a New York-based organization to help women in Afghanistan have access to education amid the Taliban takeover. Bookblocks.io announced it would be releasing a non-fungible token, or NFT, on Oct. 5 with the proceeds given to Women for Afghan Women, an organization which helps provide women access to education and vocational training in […]

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Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt

The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy. The cryptocurrency ecosystem is showing signs of a recovery on Sept. 22 following a 48-hour corrective stint which saw Bitcoin and altcoins sell-off to their swing lows. Equities and crypto investors were clearly worried about the possible bankruptcy of China’s Evergrande real estate firm and many feared that the possible default could spark a global decline in financial markets. These […]

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Alchemy Pay Using Chainlink to Enable Trading on Decentralized Exchanges and Borrowing in DeFi Using ACH

PRESS RELEASE. Singapore, September 22, 2021 – Alchemy Pay is now using Chainlink Price Feeds to enable users to buy crypto on decentralized exchanges (DEXs) and obtain loans in leading DeFi lending platforms directly from wallets using Alchemy Pay’s ERC-20 utility token, ACH. Chainlink Price Feeds help assure users that they are receiving fair market exchange rates when purchasing assets directly via their wallets on DEXs like Uniswap, Sushiswap, and ForTube using their ACH, as well as when collateralizing DeFi loans with ACH. “It is crucial to […]

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Wallstreetbets Founder Jaime Rogozinski and Wsbdapp Project Launch 15,000 Generative NFTs

On September 22, the team behind the Wallstreetbets defi application called Wsbdapp announced the launch of a non-fungible token (NFT) collection featuring 15,000 generative NFTs. According to the team, the NFTs provide utility like VIP access to special metaverse events and yield farming boosts. Wsbdapp Project Launches NFT Collection During the first week of September, Bitcoin.com News reported on the Wallstreetbets’ (wsbdapp) platform, which allows users to transact with decentralized finance (defi) protocols like a decentralized exchange (dex). The project partnered with the defi project Balancer a […]

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Price analysis 9/22: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI

Positive news about China’s Evergrande meltdown and the Fed’s intent to continue its current monetary policy catalyzed a strong recovery in the price of Bitcoin and altcoins. The crypto markets and U.S. equity markets are attempting a recovery today as fears of a widespread contagion due to Chinese developer Evergrande defaulting on its debt recede. Bridgewater Associates co-chairman and co-chief investment office Ray Dalio said on Wednesday that Evergrande’s debt was “manageable.” Ming Tan, a director at the credit rating agency Standard & Poor’s, said that the […]

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Snoop Dogg Reveals Rapper Is a Crypto Whale With Millions of Dollars in NFTs

This year a great deal of popular hip-hop superstars like Eminem, Jay-Z, Ja Rule, Lil Pump, and many more have been getting into the non-fungible token (NFT) collectibles scene. On Monday, the American rapper Snoop Dogg revealed that he is an avid collector of NFTs. Snoop claims to be a pseudonymous Twitter account dubbed “Cozomo de’ Medici,” an online character known to hold millions of dollars in NFTs. Snoop Reveals His Pseudonymous Twitter Account This past Monday, Snoop Dogg revealed on Twitter that he is “Cozomo de’ […]

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