Nigerian hotel becomes country’s first to accept Bitcoin payments
George Residence in Lagos has announced plans to start accepting BTC payments. The company has already converted 50% of its balance sheet to Bitcoin. Go to Source Powered by WPeMatico
Cryptocurrencies
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The Giving Block launches ‘Crypto Giving Pledge’ to ramp up crypto donation efforts
“Crypto Giving Pledge” is the organization’s most ambitious fundraising initiative yet. Go to Source Powered by WPeMatico
NFL wunderkind Trevor Lawrence inks crypto endorsement deal with Blockfolio
The NFL draft prospect has already received the first part of his bonus payment in crypto. Go to Source Powered by WPeMatico
Demand for PayPal’s crypto offering exceeded all expectations, CEO says
In the next five to 10 years, there will be more changes in the financial system than over the past two decades, PayPal’s CEO predicted. Go to Source Powered by WPeMatico
South Korean Prime Minister nominee to look into controversial crypto tax law
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county. Go to Source Powered by WPeMatico
Tether’s market cap hits $50B as stablecoin adoption grows
The 50 billionth USDT token has been minted, Tether has confirmed. Go to Source Powered by WPeMatico
Polygon (MATIC) jumps ahead as the race for Layer-2 adoption picks up
Increasing volume and TVL on QuickSwap, along with steady growth in the number of projects joining Polygon have analysts suggesting that MATIC price is undervalued. Go to Source Powered by WPeMatico
Bitcoin dominance teeters at 50% as ETH, altcoins gain traction
The Bitcoin dominance index has collapsed by 20 percentage points since the start of 2021. ETH, BNB and more speculative altcoin bets have seen their dominance rise over the same period. Go to Source Powered by WPeMatico
The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining
To establish an interplanetary economy, humanity needs a better financial system that decentralized cryptocurrency can offer. Go to Source Powered by WPeMatico
3 things every crypto trader should know about derivatives exchanges
Understanding open interest, funding rates and the differences between futures contracts is the starting point for any investor interested in trading crypto-based derivatives. Go to Source Powered by WPeMatico