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Category: Cryptocurrency

  • El Salvadorian president assures Bitcoin will rise again; purchases more

    <SUNBIGHT>~Cryptocurrency~Orie~1st July,2022 @ 17:59 WAT~Peoples Gazette El Salvador, San Salvador – The president of El Salvador, Nayib Bukele, says cryptocurrency Bitcoin will soon rebound despite its current slide in value. Mr Bukele gave the assurance on Thursday while announcing that the country has purchased a total amount of 80 bitcoins at the rate of $19,000.…

  • The role of Bitcoin and other cryptocurrencies in empowering Nigerians

    <SUNBIGHT>~Cryptocurrency~Eke~26th June,2022 @ 04:19 WAT~Business Insider Africa NIGERIA is known for many things; for its rich material resources and human resources and for being the “giant of Africa.” Amidst economic challenges, Nigeria is repositioning well with the dominance of cryptocurrency adoption among its populace. Despite regulations by the government limiting crypto trades among financial institutions…

  • NFT: Coffin Dance Meme sells for $1,047,806

    <SUNBIGHT>~Cryptocurrency~Orie~12th April 2022 @ 16:25 WAT~PeoplesGazette THE Non-Fungible Token of the Coffin Dance meme has sold for $1,047,806 (327 ETH). On Saturday, the winning bid was announced on Twitter.   “327 ETH winning bid!!! $1,047,806. Congrats to @nanaotafrija & the bidder,” Twitter user  @Luke360 said. The token is issued in partnership with the Ukrainian community, where…

  • Why Bill Gates warns against investing in Bitcoin: ‘If you have less money than Elon, watch out’

    <SUNBIGHT>~Cryptocurrency~Orie~12th April,2022 @ 01:30 WAT~CNBC PLENTY of celebrity and tech icons have hopped on the Bitcoin train. Don’t count Bill Gates among them. In a resurfaced interview from February 2021, the billionaire Microsoft co-founder told Bloomberg Technology that he was wary of the frenzy over Bitcoin, particularly because the value of the cryptocurrency could be…

  • Bitcoin Breakout Elusive as Traders Price In 7 Fed Rate Hikes for 2022

    <SUNBIGHT>~Cryptocurrency~Afo~16th March,2022 @ 09:10 WAT BITCOIN (BTC) dropped and U.S. stock futures nursed losses as interest rate derivative traders expect the U.S. Federal Reserve could raise rates seven times this year, and the tightening cycle would peak at a level higher than previously anticipated. The top cryptocurrency by market value traded 3% lower on the…

  • Kevin O’Leary says he’s put 20% of his portfolio in crypto, including tokens and blockchain firms

    <SUNBIGHT>~Cryptocurrency~Afo~12th March 2022 @ 13:07 WAT CELEBRITY investor Kevin O’Leary told CNBC on Friday that one-fifth of his investment holdings are tied up in cryptocurrencies and companies operating in the nascent digital asset industry. “I have millions of dollars, 20% of my portfolio is now in cryptocurrencies and blockchain,” O’Leary said in an interview on “Squawk…

  • Is Crypto a Miracle or Scam?

    <SUNBIGHT>~Cryptocurrency~Nkwo~5th March,2022 @ 08:35 WAT CRYPTOCURRENCY is officially mainstream. Approximately 16 percent of all Americans have invested, traded, or used a decentralized, blockchain-based token, which is a number that seems to increase everyday. The Super Bowl—the singular marquee event for advertisers—was absolutely canvassed with crypto platform ads, picking up ultra high-profile celebrity endorsers in million…

  • Animoca Leads $10 Million Funding Round In Hong Kong NFT Platform Amid Crypto Craze

    <SUNBIGHT>~Cryptocurrency~Orie~27th February,2022 @ 19:10 WAT UCOLLEX, a Hong Kong-based NFT platform, has pulled $10 million fresh capital from local blockchain game developer Animoca Brands. The startup’s latest funding round comes as sales of the digital collectibles are gaining ground in the city, which has seen an increasing number of projects launched over the past year. …

  • Bill to legalise Bitcoin passes final reading in Ukraine

    <SUNBIGHT>~Ukraine~Eke~18th February,2022 @ 21:47 WAT UKRAINE has become the latest country to legalise Bitcoin after its parliament approved a bill in its final reading.   On Thursday, the parliament passed the new Law of Ukraine on Virtual Assets with 270 votes. “The new law is an additional opportunity for business development in our country. Foreign and…

  • Ray Dalio: Bitcoin and Crypto Get ‘Too Much Attention’

    <SUNBIGHT>~Cryptocurrency~Afor~4th February,2022. THE Bridgewater Associates founder opined on risks, both economic and political, in a recent interview. In brief Ray Dalio is the founder of hedge fund firm Bridgewater Associates and one of the world’s richest people. He remains fairly skeptical of cryptocurrency as an investment. He’s at it again.  Ray Dalio, arguably the most…