The price of any asset is always impacted by a combination of factors. Unlike traditional financial assets, bitcoin has historically had its own set of factors affecting its price. Do things look any different now? Let’s find out. BASIC FACTORS: SUPPLY AND DEMAND Bitcoin’s price is heavily dependent on supply and demand fluctuations, just like …
The world is becoming more connected as cryptocurrency, blockchain, nonfungible token projects, the Metaverse and other online communities gain popularity. However, we’re also seeing rates of depression and feelings of isolation and loneliness skyrocket. This development is certainly not causal, but it is something to consider as younger generations become more involved in virtual spaces. …
When medicine and the Metaverse mix, real health benefits will emerge. Read More »
U.S. stocks eased Wednesday as oil prices gained, renewing inflation fears. The Dow Jones Industrial Average dropped about 280 points, or 0.8%. The S&P 500 declined 0.5%. The Nasdaq Composite was near flat. Traders digested the latest news on the Ukraine-Russia war. Ukrainian President Volodymyr Zelenskyy called for more pressure on Russia from other countries as …
GameStop’s GME stock was up 10% as well. LRC, the native token of Ethereum scaling network Loopring, soared in digital-asset markets on Wednesday after the blockchain project shared an update on its partnership with GameStop, the video game retailer whose volatile and sometimes coordinated price action in early 2021 made it a darling of meme …
Loopring’s LRC Up 34% on Beta Release of GameStop NFT Marketplace Read More »
Universal Music Group has bought one of the popular non-fungible tokens (NFT) to build a virtual music group, according to Reuters. Universal’s 10:22 pm label purchased Bored Ape #5537 for $360,817 – a female character, now known as Manager Noët All. The NFT will lead a group that was founded in November called Kingship. Kingship only exists …
Universal Music Label Acquires Ape NFT to Build Virtual Music Group Read More »
TRAC price surged 162% as the rollout of OriginTrail v6 and the launch of AidTrust suggest the protocol is prepared for the Web3 migration. The global supply chain continues to struggle to get back on track following a tumultuous three years that have witnessed clogged shipping ports and a breakdown of the just-in-time delivery system. …
Launch of real-world use-case sparks 162% rise in OriginTrail’s TRAC token Read More »
The Central Bank of Ireland has issued a statement warning investors about the risks associated with digital assets. Central bank warns of misleading ads In a press release published yesterday, the Central Bank of Ireland states that people “should be alert to misleading ads, especially on social media”. Derville Rowland, Director General Financial Conduct at the central …
The PSG (Paris Saint-Germain) FC, a soccer club in Europe, has taken its first steps to building an online presence in the metaverse. The club has filed a series of trademark applications to register its name in order to offer a number of services, including software, memorabilia, and articles linked to non-fungible tokens (NFTs) for …
Ray Youssef, the CEO of bitcoin exchange Paxful, is traveling the world to enable global entrepreneurs with the power of peer-to-peer collaboration. Ray Youssef and his bitcoin exchange Paxful are changing the world one sovereign entrepreneur at a time. We may even look back in ten years and realize that Youssef and his team spawned …
HOW PAXFUL’S RAY YOUSSEF USES BITCOIN TO ENCOURAGE ‘SOVEREIGN ENTREPRENEURS’ Read More »
KEY POINTS Rishi Sunak announced that fuel duty will be reduced by 5 pence per liter for 12 months, a cut he told Parliament will be worth £5 billion ($6.6 billion), starting from 6 p.m. U.K. time on Wednesday. The level of fuel duty, a substantial contributor to British public finances, has been frozen at …
UK announces urgent fuel tax cut to fight cost of living crisis Read More »
