Five-star hotel Palazzo Versace Dubai has started accepting cryptocurrencies as payment for stay, dining, and spa services. Guests can use BTC, ETH, and BNB to pay their bills, which will be processed through the Binance payment gateway. Palazzo Versace to Accept Crypto Payment The 146-room ultra-luxury property ln Jaddaf Waterfront will also accept crypto payments for merchandise, mainly gifts and vouchers, on its e-commerce platforms, it said in a PR. “Palazzo Versace’s...
Read More »Gate Io Announces Zero-Fee Trading on USD Trading Pairs
[PRESS RELEASE – Majuro, Marshall Islands, 16th September, 2022] What’s better than low fees? No fees. Taking the lead among the top exchanges, Gate.io now has ZERO fees on all USD spot market trading pairs. This new fee elimination applies to more than 50 USD spot trading pairs, including mainstream assets like BTC, ETH, and more. USD-pegged stablecoins such as USDC, TUSD, PAX, BUSD, and more can be traded on USD spot pairs without the need for conversion and with no maker...
Read More »Some Black Investors Aren’t Too Happy with Crypto
Cryptocurrency is widely touted as a means of helping black Americans gain access to financial opportunities they otherwise wouldn’t have. However, there are a lot of skeptics out there that say crypto is not doing what it claims. Some Black Investors Don’t Think Crypto Does Enough Cryptocurrency is built on the notion of financial freedom. It is widely stated that those who have been cut off by standard banking institutions or similar enterprises can find use through...
Read More »ApeCoin Skyrockets 16% Daily, Bitcoin Taps $20K (Weekend Watch)
After the recent volatility and price declines, bitcoin finally saw some relief by touching $20,000. Most altcoins have seen slight gains as well. Once again, though, Ripple stands out as the best performer from the larger-cap alts, while ApeCoin has soared by 16%. BTC Back at $20K It’s safe to say that the past week or so didn’t go all that well for the primary cryptocurrency. The asset had spiked to a multi-week high at just under $23,000 on September 13, but the overall...
Read More »Stronghold Digital Forced to Sell Many Mining Rigs
The world of bitcoin mining has taken some serious blows, and it doesn’t look like the space is going to be recovering anytime soon. With prices falling to such drastic lows, it appears that many miners are either having to leave the space altogether or take drastic measures to ensure their money stays in place, as is the situation with firms like Stronghold Digital Mining. Stronghold Digital Had Too Much Debt As one of the biggest and most stable digital currency mining...
Read More »Why Did Bitcoin Fall Again in Late August?
Bitcoin saw its price plunge in late August following a slow, but steady bull run. It looked like the world’s leading digital currency by market cap was on the verge of striking a $25,000 chord, but that clearly was not meant to be as things eventually took a turn for the worse and the asset dipped into the low $20K region again. Bitcoin Saw More Bearish Conditions in Late August The digital currency – along with many of its counterparts – suffered and reached new...
Read More »Hope for Spot BTC ETF Grows Stronger After DEFI Launch Under the Securities Act
The prospect of a physically-backed ETF or spot ETF got a boost with the launch of Hashdex Bitcoin Futures ETF (DEFI) on Thursday, media reports said. The basis for the optimism is that DEFI was filed under the Securities Act of 1933, unlike other futures-backed ETFs, which were under the Investors Act of 1940. DEFI has been developed with Teucrium, which specializes in alternative investments. Prospect of Bitcoin Spot ETF As a physically-backed Bitcoin ETF would fall under...
Read More »Bitcoin Tumbles Below $20K but is Another Drop Imminent? (BTC Price Analysis)
Bitcoin’s bearish stage seems far from over as the second rebound from the $18K support level turned out into another bull trap. The price is currently attempting to break a critical support level. Technical Analysis By Shayan The Daily Chart The cryptocurrency recovered from the $18K level earlier in September after failing to surpass the $24K mark. Yet, the 50-day and 100-day moving averages, seen at roughly $22K, rejected the price to the downside. Bitcoin has also failed...
Read More »Scaramucci: BTC Will Be $300K in 2028
Bitcoin hasn’t been doing super well as of late, but Anthony Scaramucci – the former White House communications director under Donald Trump and the founder of Skybridge Capital – is saying that the price of the asset could reach a whopping $300K in six years. Scaramucci Thinks BTC Will Grow Heavily That’s right. Bitcoin could increase its price more than ten times by the year 2028. In a recent interview, Scaramucci commented: In the next six years, if we are right, if...
Read More »Candy Plus hit 280 million downloads with NFT service, more than bitcoin wallet amounts.
Candy Plus downloads much more than bitcoin and Ethereum wallet address amount The goal; over the 1 Billon download Provide rewards to users through the challenge service Studio SJ announced it had attracted 280 million downloads of the Candy Plus (formerly Candy Camera) application. Candy Plus is the only case where 10 million downloads increased through the expansion service of the NFT. Which over the Bitcoin and Ethereum wallet amounts When implementing the NFT...
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