Trump’s first NFT collection has seen its value plummet by more than 60% following the latest launch which comes ahead of his 2024 presidential bid. Source: https://cointelegraph.com/public/index.php/news/nifty-news-trump-drops-more-nfts-ahead-of-presidential-run-meta-opens-to-teens-and-more
Month: April 2023
Trump drops more NFTs ahead of presidential run, Meta opens to teens and more
Trump drops series 2 NFT collection ahead of presidential run Another round of digital nonfungible tokens (NFTs) trading cards have dropped bearing the likeness of former United States President Donald Trump, with 38,001 minted on Polygon (MATIC). The collection was launched on April 18 at a price of $99 each, it currently has a floor price of 0.0659 ETH ($145)…
Hong Kong Is Vying To Be The Next Crypto Hub
It has been almost a year since your favorite China watcher wrote anything meaningful about the Chinese crypto community. The truth of the matter is that China’s covid lockdown made it difficult for anyone who’s not living in Asia to truly understand its market, people, and overall sentiment. So I was surprised to feel the pro-crypto excitement at last week’s…
US Attorney seeks 7-year sentence for exec in crypto shadow banking case
A long sentence is being sought by United States prosecutors for an executive in a crypto shadow banking case that has dragged on for five years. On April 18, U.S. District Attorney Damian Williams filed a request in advance of the sentencing of Reginald Fowler which is scheduled for April 20. Fowler, the former minority owner of the Minnesota Vikings…
US Dollar’s Reserve Currency Status Eroding at ‘Alarming Pace’ – Economics Bitcoin News
Asset management firm Eurizon SLJ’s strategists have warned that the erosion of the U.S. dollar’s global reserve currency status has accelerated at an alarming pace in recent years, especially following the onset of the Russia-Ukraine war. They noted that the USD has declined 8% in one year, which is “equivalent to 10 times the average annual pace of erosion in…
UK may have crypto regulation within a year, says senior minister
The United Kingdom could lay out digital asset regulation within 12 months a British lawmaker claimed, saying the country wants to capitalize on the benefits that blockchain can bring to the private sector and economy. In an April 17 CNBC interview, Andrew Griffith, the economic secretary to the U.K. Treasury said the long-term vision is to “let firms make the…
Analyst – Economics Bitcoin News
Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China will “exert more influence in global financial institutions and trade.” Analyst Explains Why U.S. Dollar’s Dominance Is at Risk…
Intel will stop manufacturing chips for Bitcoin miners: Report
The semiconductor chip manufacturing company will reportedly stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20. Source: https://cointelegraph.com/public/index.php/news/intel-will-stop-manufacturing-chips-for-bitcoin-miners-report
AI Oasis Tribute Album Sparks Debate Over Copyright and the Future of Music
Oasis is back! Except, not really. Thanks to artificial intelligence, however, the iconic ’90s band is certainly back in the news. A new album released by British rock band Breezer, “AIsis: The Lost Tapes,” replicates the Oasis vibe so well that it has been viewed over 40,000 times on YouTube since it was uploaded on Friday. It sounds like Oasis…
Robert Kiyosaki Expects Bitcoin’s Price to Keep Rising — Says ‘I’m Betting on It’ – Markets and Prices Bitcoin News
The author of Rich Dad Poor Dad, Robert Kiyosaki, expects the price of bitcoin to keep rising. “I’m betting on it,” he said. Kiyosaki also shared that he bought 60 bitcoin when the price of the cryptocurrency was at $6,000 per coin. Robert Kiyosaki Expects Bitcoin’s Price to Keep Going Up The author of Rich Dad Poor Dad, Robert Kiyosaki,…