February 10, 2022

Bitstamp Becomes Official Crypto Exchange of Esports Organization Immortals

Bitstamp has struck a three-year partnership deal with U.S. professional esports organization Immortals to be the official cryptocurrency exchange of the gaming company. Bitstamp Collaborates With Immortals Immortals announced the news of the collaboration via a press release on Wednesday (February 9, 2022). According to the statement, the deal will also make Bitstamp a founding...
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21Shares Lists Decentraland and FTX Token ETPs on BX Swiss

The world’s largest issuer of crypto ETP’s 21Shares announced two new ETPs – tracking the performance of Decentraland and FTT. Both products will go live on the Swiss exchange – BX Swiss. The exchange-traded products (ETPs) will allow traders and institutions to get exposure to the two assets without owning them outright. 21Shares Decentraland ETP...
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Fitch Downgraded El Salvador’s Rating Citing Bitcoin Adoption Risks

Fitch cited policy unpredictability stemming out of the increased concentration of power in the presidency, weakening institutions, and the legalization and adoption of Bitcoin as the reason for lowering the rank. Reasons Behind The Move As per the official post, “heightened” financing risks arising from growing dependency on short-term debt reflects Fitch’s move of downgrading...
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The 69-Year Old Israeli Lady Who Turned a $3K Bitcoin Investment in $320K: The Bank Now Calls for Claim Denial

Leading Israeli bank, Hapoalim Bank, has recently filed a letter of defense to dismiss the claims of the 69-year-old pensioner, Esther Freeman, to allow the deposit of $320k profit she made from a $3,000 Bitcoin investment nearly nine years ago. According to a Thursday report by a local media outlet, the bank claims that its...
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Billionaire Bill Ackman Urges New York Governor and Mayor to Remove Crypto Barriers

New York City elected bitcoin enthusiast Eric Adam as its Mayor in November last year. And, he famously received his first paycheck in BTC. But that doesn’t settle the debate if New York is indeed a bitcoin-friendly state. Billionaire investor Bill Ackman urged on Wednesday Governor Kathy Hochul and Mayor Eric Adams to remove barriers...
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2022 Developer Grants Call for Applications

By: Trent Fuenmayor, Program Manager, Coinbase Giving Coinbase’s mission is to increase economic freedom in the world through the crypto-economy. To achieve this, it is essential to develop common infrastructure that is transparent, safe, secure, and benefits all participants. The open source community has provided critical support for Crypto development, with some support from donations...
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Vampire attack! LooksRare vs. OpenSea

Analyzing a new contender for NFT marketplace dominance Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey, Justin Mart, & Mike Cohen (WE’RE HIRING) Only in crypto can a platform built by anonymous founders come out of nowhere to challenge an industry leader, all in a matter...
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Binance to Invest $200 Million in Forbes (Report)

The world’s largest cryptocurrency exchange continues with its expansion as this time it aims at one of the most well-known magazines and digital publishers – Forbes. Binance has agreed to invest $200 million in the century-old company to help it merge with a SPAC. Citing unnamed sources, CNBC reported on February 10th that the Changpeng...
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Who Gets the Bitcoin Fortune? Everyone Lays Claims on Bitfinex’s Recovered $3.6M BTC

Barely two days after the U.S. Department of Justice (DOJ) seized about $3.6 billion worth of BTC related to the 2016 Bitfinex hack, dozens of individuals have started laying claims on the bitcoin fortune. According to a Bloomberg report, the DOJ has seen a massive surge in the number of people who wish to regain...
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This is When Traders Can Expect the Price of Bitcoin(BTC) to Hit $56,500

Bitcoin price is currently dancing within narrow ranges yet again after swinging below $38K for a pretty long time. It clearly manifests the asset’s calculative approach to undergo a clear uptrend without allowing any major sell-off in the future. Advertisement No doubt the current market trend is extremely misty as the price is hovering between...
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Solana Trends Within an Ascending Range,  Is The Next Stop for SOL Price at $130?

The Solana price from the past couple of days is maintaining a notable uptrend. While some believe the asset may continue to maintain a strong uptrend, while many foresee a huge possibility of the asset losing its grip over the uptrend and hitting the lower support levels soon. If the asset plunges down, then a...
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Terra Strikes Five-Year Deal With Washington Nationals for $38M

The $38.15 million deal will focus on promoting Terra across various parts of the sports franchise’s home venue and TV network. Implementation of Terra’s UST stablecoin as an accepted currency in venue transactions is yet another area of interest, said the baseball team. Enhancing the Terra Brand According to the official press release, the Terra...
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ReserveBlock Releases RBX Network Masternode: Prepares Presale for Governance, Consensus, and Block Rewards

[PRESS RELEASE – Miami, United States, Florida, 8th February 2022] ReserveBlock Foundation (RBX Network), the first Open-Source, Decentralized, and Autonomous NFT Centric Blockchain for Everyone, is releasing the network Masternode information with a presale that will begin on February 22nd at 12pm EST. Both the Masternode information & install documentation will be available via the...
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World’s Largest Asset Manager BlackRock to Launch Crypto Trading Services (Report)

The world’s largest asset manager plans to double down on its cryptocurrency engagement by launching such trading services, asserted a new report. This comes a year after the company dipped its toes by trading bitcoin and reporting owning stocks of BTC mining companies. Citing people familiar with the matter, CoinDesk informed that BlackRock aims to...
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JPMorgan Increases Long-Term Bitcoin Price Prediction to $150,000

According to JPMorgan Chase strategists led by Nikolaos Panigirtzoglou, Bitcoin’s “fair value” should be 12% lower than its actual price. In their opinion, the cryptocurrency is currently overpriced and its fair value should be around $38,000. The figure is based on the premise that BTC is around four times more volatile than gold, according to...
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CryptoCom Becomes The Official Partner Of The Formula 1 Miami Grand Prix

Crypto.com has made a new move in its aggressive sports marketing campaign, partnering once again with Formula 1 to become the official title partner of the new Formula 1 Crypto.com Miami Grand Prix. The announcement comes just days before the airing of the Super Bowl LVI, the most watched sporting event in the United States,...
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