April 6, 2022

Market Wrap: Altcoins Underperform as Traders Reduce Risk

Market Wrap: Altcoins Underperform as Traders Reduce Risk

BTC and stocks traded lower after Federal Reserve minutes signaled aggressive monetary tightening could be coming. Most cryptocurrencies traded lower on Wednesday, tracking losses in global equity markets. Minutes published Wednesday from the U.S. Federal Reserve’s March meeting signaled that half-point interest rate increases could occur at coming meetings. That sent markets lower as investors […]

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Uber looks to create travel ‘superapp’ by adding planes, trains and rental cars

Uber looks to create travel ‘superapp’ by adding planes, trains and rental cars

KEY POINTS The San Francisco-headquartered firm announced Wednesday that it is adding trains, buses, planes and car rentals to its U.K. app this year. Jamie Heywood, Uber’s boss in the U.K., said in a statement that Uber hopes to become “a one-stop-shop for all your travel needs.” Uber will not provide these travel services itself

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Starbucks announces NFT initiative as union-busting controversy continues

Starbucks announces NFT initiative as union-busting controversy continues

Starbucks announced plans to get into the NFT business, then fired a union leader the same day. Nonfungible tokens (NFTs) have seen their fair share of controversy, but now they have found their way into the midst of the battle between multi-billion dollar corporations and workers trying to unionize their workplaces in the United States.

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Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin

Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin

On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last 24 hours. LFG Buys the

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UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer

UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer

The UK announced on Monday to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for crypto-asset technology and investment. The government plans to regulate stablecoins to pave a way for their use in the UK as a legal form of payment and also create conditions for stablecoins

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What is LocalBitcoins And How Does it Work

What is LocalBitcoins And How Does it Work

LocalBitcoins is a cryptocurrency exchange with a difference. Based in Helsinki, Finland, the startup provides a platform for peer-to-peer Bitcoin trading. Registered users can use LocalBitcoins to advertise, buy, and sell Bitcoins, without having to use a conventional CEX exchange. With LocalBitcoins, it is the individual sellers who set the conditions. For this, and several other

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The paradigm of content creation will be altered by the metaverse.

The paradigm of content creation will be altered by the metaverse.

Content is the essence of the Internet and is presented in the different forms that the current iteration of the Internet Web2 supports: text, audio, video, or a mixture of all three. However, the content is hardly a free resource. Content creators are becoming thought leaders, influencers, and a cornerstone of many of the critical

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How cryptocurrency became a big source of relief for Ukraine’s troubled economy

How cryptocurrency became a big source of relief for Ukraine’s troubled economy

Often maligned as a tool for illicit activities, Bitcoin, Ethereum and other cryptocurrencies have become something of a lifeline to Ukrainians as donors have been using the digital tokens to fund various war-related causes. More than 120,000 cryptoasset donations totaling about $63.8 million have been funneled to Ukraine since the start of the Russian invasion,

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