Author: e_cash_top

in Guides

[ad_1] Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol’s CEO and co-founder Sam Williams announced on Twitter. 📣 Major announcement: @Meta is now using Arweave to permanently store digital collectables from @Instagram. Instagram users are now able to issue digital collectables for their posts, stored on Arweave. Some thoughts…

Polygon surges 10% following Instagram integration announcement

Nov 3, 2022

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[ad_1] Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing digital assets in the last 24 hours, rising by over 10% to $0.95. Meta turning Instagram into an NFT marketplace According to…

Saylor deems Bitcoin winner over major asset classes as downturn persists; Ethereum outperforming BTC after merge

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[ad_1] The biggest news in the cryptoverse for Nov. 2 includes Saylor saying that Bitcoin is winning over gold and other major asset classes, JPMorgan executing its first DeFi transaction, EU’s MiCA targeting crypto influencers, and Ethereum outperforming Bitcoin post-merge. CryptoSlate Top Stories Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as…

Bitcoin mining firm Iris Energy on verge of $103M loan default

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[ad_1] A tweet from Bitcoin Magazine Analyst Dylan LeClair stated BTC mining firm Iris Energy is close to defaulting on a $103 million loan held by the New York Digital Investment Group (NYDIG). He continued by saying ASIC miners are held as collateral against the loan, meaning the mining equipment will be confiscated should Iris…

Is ETHBTC about to reclaim its pre-merge high?

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in Uncategorized

[ad_1] The 2022 high for Ethereum denominated in Bitcoin was 0.084BTC just before The Merge, and a recent rally has investors considering if Ethereum could regain its pre-merge high. Ethereum made strong gains against Bitcoin ahead of The Merge on Sept. 15. However, the second-largest cryptocurrency by market cap failed to reach the all-time high…

Singapore BIS Monetary Authority and central banks of Switzerland, France explore AMMs and CBDCs

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in Guides

[ad_1] The Innovation Hub of the Bank for International Settlements (BIS) is leading a project to explore the use of Defi protocols to automate foreign exchange markets and settlement, CBDC payments via automated market makers (AMMs), according to a Nov. 2 blog post. Named Project Mariana, its participants include the Bank of France, the Swiss…

Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as MicroStrategy outperforms major asset classes

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[ad_1] During the MicroStrategy (MSTR) Q3 earnings call, Executive Chairman Michael Saylor said Bitcoin is winning, in turn boosting the company’s fortunes. “Bitcoin is winning, but MicroStrategy is winning even more than the Bitcoin right now because of our levered long Bitcoin strategy we pursued.” MicroStrategy is the biggest public company holder of Bitcoin, at…

Bitcoin remains range bound as Fed enacts 4th consecutive 75 basis point rate hike

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in Uncategorized

[ad_1] The U.S. Federal Reserve raised interest rates by 75 basis points (bps) after the Federal Open Market Committee (FOMC) meeting on Oct. 2, bringing the Federal Funds Rate to 3.75 – 4%. Bitcoin reacted with an immediate 3% swing to the upside, topping out at $20,700 on the 18:00 (UTC) candle. The Fed presses…

Alameda sells over $200M in stablecoins to exchanges; FTT token comprises majority of its $14B in assets

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