Monthly Archives: November 2021

Crypto FOMO: Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto

The CEO of Commonwealth Bank of Australia (CBA), the country’s largest bank, sees big risks in not participating in cryptocurrency. “We see risks in participating, but we see bigger risks in not participating,” he explained. Crypto FOMO, Banks Need to Get Involved, Says CEO of Commonwealth Bank Commonwealth Bank of Australia CEO Matt Comyn talked about the fear of missing out (FOMO) when it comes to bitcoin and cryptocurrency in an interview with Bloomberg Television in Sydney Thursday. Commonwealth Bank, or Commbank, is an Australian multinational bank […]

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Top 5 cryptocurrencies to watch this week: BTC, AVAX, MATIC, EGLD, MANA

If Bitcoin rises above $60,000, select altcoins such as AVAX, MATIC, EGLD and MATIC may remain strong. Bitcoin (BTC) is witnessing a tough tussle near the $58,000 mark but that has not stopped select altcoins from hitting a new all-time high. This shows that traders are watching the fundamental developments on individual coins. One of the recent top performing major altcoins has been Avalanche (AVAX), which has soared more than 120% in November. The coin caught traders’ attention leading up to the announcement by accounting firm Deloitte […]

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Bitcoin Helps Poverty Rather Than Hides It

While the world traditionally says that money can’t buy happiness, Bitcoiners acknowledge that money is a necessity for a fulfilling life. Omnia Mea Mecum Porto (All That Is Mine I Carry With Me) It is often enough said, and not without a grain of truth, that the poorest man is in the end the happiest, although no one can envy him for that happiness. Throughout the ages, or perhaps from the very moment when Zeus blinded Pluto so that he would not always favor the good, people […]

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Bitcoin Black Friday: Bitpay Reveals List of Merchants Offering Discounts and Special Promotions

While cryptocurrencies have seen their values rise significantly during the last three months many digital asset holders will be spending their tokens for holiday gifts and Black Friday deals. Bitcoin Black Friday will be on November 26 this year and the crypto payments firm Bitpay has announced a slew of merchants that will offer deals for shoppers paying with digital assets. Bitpay Merchants Offering Black Friday Deals The world’s largest cryptocurrency payments provider Bitpay has revealed a number of merchants the company is partnered with that will […]

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El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’

President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from geothermal sources. Bukele also announced that El Salvador would partner with Blockstream and use its liquid network to issue the aforementioned bond. Bitcoin City Announced in El Salvador El Salvador and its president, Nayib Bukele, have […]

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Just buy it: Nike wants to bring sneakerheads into the Metaverse

Nike intends to sell you digital products in the Metaverse, and you will buy them because Nike knows how to make you want them. Look at your feet. A lot of you (raises hand) are wearing Nikes right now. For the fiscal year ending May 31, 2021, Nike reported its revenue was up 19% to $44.5 billion for the year. But that’s here. What about in the Metaverse? Why Nike is interested in the Metaverse For those as of yet unfamiliar with the concept, the easiest — yet […]

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What is Mimblewimble and how does it work?

Mimblewimble is a spell that literally ties the target’s tongue to keep them from exposing information on a given subject. It is well-known among Harry Potter enthusiasts. What is Mimblewimble?  Mimblewimble is a privacy-oriented decentralized protocol that uses a novel way of structuring and storing transactions on the blockchain. It was designed and introduced by an anonymous developer who went by the name Tom Elvis Jedusor, who was a French counterpart for “Voldemort” in mid-2016. How does Mimblewimble work? Taking its name from the Harry Potter books […]

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Funganomics Completes Its First Seed Investment Round to Accelerate Development of the NFT and Gaming Ecosystem

PRESS RELEASE. The Ethereum-based solution will be a premier, bespoke online community, bringing together NFT investors, partners, play-to-earn gamers and developers. While new NFT and PTE gaming sites are being deployed seemingly everyday, few if any have tied together in a seamless, intuitive way a truly robust and inclusive community that delights and rewards all key stakeholders. Funganomics, however, is building for “what’s next” in this new and exciting space, addressing the gaps in functionality and user experience currently challenging other platforms and their digital communities. Specifically, […]

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Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also crept into the top ten digital asset market valuations with its $31.5 billion market cap. On November 21, avalanche tapped an all-time price high at $144 per unit as the crypto asset has gained a whopping 3,795% in 12 months. Avalanche Value […]

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Bitcoin avoids recent lows as BTC price eyes $60K into the weekly close

Things are looking up for Bitcoin bulls after the weekend delivers some much-welcomed relief after multi-week lows. Bitcoin (BTC) hovered near $59,000 as Nov. 21 came to a close after avoiding a retest of its recent lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC challenges $60,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD almost hitting $60,000 before consolidating in a new higher range after sudden gains Saturday evening. The pair had hit lows of $55,650 during the week, these marking its lowest point in over […]

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