Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse.
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Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse.
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Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC.
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BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market.
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Yahoo Hong Kong executive Lorraine Cheung said that activities in the Metaverse are seen by Hong Kong residents as a good alternative to social interaction amid the pandemic.
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After yesterday’s bullish rebound where Bitcoin and Ethereum prices saw significant price growth, the momentum is currently dying, with BTC and ETH prices retracting a few percent. Bitcoin is struggling to hold the $20k support level while Ethereum is attempting to stay afloat above $1k. The recent bearish momentum is likely due to continuing investor worry about inflation and the stock market’s underperformance today. Bitcoin Price Struggles to Hold Above $20K While Bitcoin managed to soar above $21k yesterday, today is different. As the stock market opened with little momentum, Bitcoin’s market started losing steam. The Dow Jones Industrial Average
The post Bitcoin and Ethereum Price Struggle to Hold Support Amid Increasing Bearish Pressure appeared first on The Merkle News.
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“It is now time for Congress to begin the process of considering and ultimately passing authorizing legislation for the issuance of a U.S. CBDC,” said Representative Jim Himes.
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The protocol chose Cosmos as a best fit as it would not only need decentralization but also the ability to handle and scale 1,000 orders per second.
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Bulls bet on BTC prices above $60,000 for the June monthly options expiry, and now pro investors are going to pay a hefty price for being wrong.
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NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides. Bringing them together could be a force for good.
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