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In an exclusive interview with Cointelegraph, a policymaker from El Salvador reveals how BTC has been helping the country change people’s lives. Dania Gonzalez, Deputy of the Republic of El Salvador, was recently in Brazil to reveal her country’s experiences with the decision to adopt Bitcoin (BTC) as legal tender. Gonzalez’s invitation to Brazil came...
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New partnerships, a mainnet upgrade and plans to launch a stablecoin appear to have triggered a 200% rally in WEMIX price. Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology. WEMIX, a gaming protocol that operates on...
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Despite the apparent bear market in digital assets, venture capital continues to allocate billions to crypto and blockchain startups. Billions and billions. That’s what venture capitalists are spending to get ahead of the curve in crypto. Their latest fixation is Ethereum layer-2 scaling solutions and Web3, an umbrella term that describes the next stage of...
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Is it possible to vacation using cryptocurrency? The digital era has revolutionized the way we bank, shop and socialize. Why not use crypto to book your next holiday? The global economy is becoming increasingly digital, and it’s no surprise that cryptocurrencies and blockchain technology are starting to have an impact on the travel industry. Many...
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Bitcoin and most major altcoins have not tracked the recovery seen in stocks, a possible indicator that further downside is possible. Equities markets in the United States rallied sharply on May 25 and 26 but Bitcoin (BTC) and altcoins have not followed a similar trajectory. This suggests that traders are not confident that the crypto...
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Volatility is primed to return after upside above $29,000 fails to become an enduring trend. Bitcoin (BTC) clung to $29,000 at the May 27 Wall Street open as crucial support levels lay just hundreds of dollars from spot price. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Trader demands higher low above $28,000 Data from Cointelegraph...
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Moscow has adopted a positive stance toward digital assets after its invasion of Ukraine triggered a sharp response from Western nations in the form of sanctions. The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier...
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The collapse of algorithmic stablecoin UST created a ripple effect not just in the crypto market but among world regulators as well. The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just...
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Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022. Bitcoin (BTC) is regaining its lost crypto market dominance even as it trades nearly 60% below its record highs. Bitcoin dominance at 6-month highs The Bitcoin Market Dominance (BTC.D) index, a metric that weighs BTC’s market capitalization against the rest of...
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Metaverse development is underway, but avatars with built-in utility will be key for digital identity. The Metaverse is poised to become tech’s next trillion-dollar opportunity, as an increasing number of companies are showing interest in immersive virtual spaces that will allow consumers to go beyond what’s possible in real life. This was highlighted in a...
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