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Showing posts from April, 2023

Litecoin (LTC) Price Prediction And Uwerx Presale (WERX) VS Aptos (APT) Which Has More Potential?

Altcoin season has begun, and coins have started printing enormous green candles. Overly bearish investors on the sidelines have begun feeling the pain, and analysts expect smooth sailing for Bitcoin (BTC) all the way to $30,000, giving Altcoins enormous potential to do at least 2X/3X. Analysts have issued a price prediction for Litecoin (LTC) and compared the potential of Uwerx and Aptos (APT) in 2023. Litecoin (LTC) Price Prediction Litecoin (LTC) trades at $89.59, and analysts expect Litecoin (LTC) to rally to $175 before facing any significant pullback. Litecoin (LTC) was originally forked from the Bitcoin (BTC) protocol, and Litecoin (LTC) reduced the block time, making Litecoin (LTC) a more scalable alternative. Litecoin (LTC) has existed in the crypto asset space since 2011 and has put in a new all-time high with every bull market cycle- something very few projects can claim. Despite not being exciting to many investors, Litecoin (LTC) has proven time and time again to be...

Putin: US Policies Will Backfire, Russia to Expand Relations With Countries in Eurasia, Africa, Latin America

Russia’s president, Vladimir Putin, has slammed the actions of the elites in the U.S. and Europe, stating that they do not always act in the best interest of their own people. “It will backfire on them,” he said. Putin also called for a cohesive response to the West’s economic aggression, emphasizing that Russia will strengthen its partnerships with friendly nations and collaborate with foreign partners. Putin Plans to Expand Partnerships With Friendly Countries Russian President Vladimir Putin slammed policies in the U.S. and Europe while calling for a cohesive response to the West’s economic aggression at a meeting with the Council of Legislators on Friday, Russian news outlet Tass reported. “We are not going to isolate ourselves. On the contrary, we will expand pragmatic, equitable, mutually beneficial relations that are nothing less than partnerships with friendly countries in Eurasia, Africa, Latin America,” Putin said, adding: In the United States, by the way, we h...

FBI Carried Out Raid At Former FTX Exec Ryan Salame’s Residence

Former FTX executive Ryan Salame’s residence was recently raided by the Federal Bureau of Investigation (FBI). The raid has become the latest development in the U.S. Department of Justice’s investigation into the attempts by FTX’s top management to wield political influence before the crypto exchange’s collapse last year. According to the New York Times, FBI agents reached Ryan Salame’s residence in Potomac, Maryland to execute a search warrant of the premises. The reason for the raid remains unclear. Salame was known to be a top aide and trusted lieutenant of FTX founder Sam Bankman-Fried. People familiar with the investigation revealed that Salame’s attorney had communicated with prosecutors on his behalf and shared information related to his campaign finance activities ahead of the FBI raid. The FTX executive was a high-profile political donor with millions of dollars in campaign contributions. Ryan Salame served as the Co-Chief Executive Officer of FTX Digital Marke...

Former President Donald Trump Says US Dollar Is Crashing — Warns 'We're Very Close' to World War III

Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The former president of the United States further warned that “we are very close” to a third world war happening. “Joe Biden has led us to the very brink of World War III,” he stressed. Trump on Inflation, Dollar Crashing, World War III Donald Trump released a video Tuesday following Joe Biden’s announcement that he is running for the president of the United States in 2024. The former U.S. president began by outlining the damage to the U.S. economy caused by Biden in a few short years, including his “spending calamity.” Trump described: American families are being decimated by the worst inflation in half a century. Banks are failing, our currency is crashing, and the dollar will soon no longer be the world standard, which will be our greatest defeat in over 200 years. “Joe Biden has led us to the very brink of World War III,...

Adidas Launches ‘Indigo Herz Pack’ As Part of Metaverse Campaign

Adidas is steadfastly striving towards being a trailblazer in fashion innovation by launching the “Indigo Herz Pack” collection. The Indigo Herz Pack constitutes the company’s homage to its recent metamorphosis with the “Into the Metaverse” campaign. Introducing the Indigo Herz Pack – starting April 26 ️‍ Ape, Icon, Inspiration. An IRL collection inspired by Indigo Herz, made to celebrate how far we have come in ‘Into the Metaverse’ as we transform into 🫀 #ALTSbyadidas. All details below pic.twitter.com/Hvl2m70153 — Indigo Herz (@indigo_herz) April 19, 2023 The collection encompasses 2145 pairs of Superstar shoes and 2195 printed hoodies, both of which draw inspiration from the renowned NFT, Indigo Herz. Moreover, exclusive token-gated access to Indigo Herz Pack is granted to ALTS NFT holders, indicating the brand’s commitment to web3. The ALTS NFTs by Adidas began with Chapter 1: ALT[er], which marked the commencement of a q...

Dogecoin Price 6 Months After Elon Musk Twitter Takeover

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Also Read: Binance’s New Initiative On Polygon Aims to Woo US Customers Amid Regulatory Scrutiny advertisement Long before the Tesla CEO took over the social media platform, it was speculated that the company would initiate crypto based payments for various purposes, including for Twitter’s paid services. Musk introduced subscriptions for creators, paid verification and got rid of legacy blue ticks. More importantly, the list of changes is long and not yet over, as Twitter looks to enable encrypted direct messages and payments. All of the above have scope for money transfer and hence, leave potential for crypto payments, especially stablecoins and memecoins. Dogecoin In The Mix Of Things For Elon Musk’s Twitter The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad ...

U.S. Treasury Seeks Stricter Regulations For DeFi Services

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DeFi Can Pose As National Threat According to the observations of a new illicit finance risk assessment on DeFi conducted by the Treasury, criminals are taking advantage of loopholes in U.S. and international anti-money laundering (AML) and terrorism financing regulation and enforcement, as well as in the technology that is used to support financial services. advertisement Read More: Here’s Why Nearly 30 Ethereum Apps Are Coming Together To Launch A DeFi Solution The Biden administration commissioned 39-page report concludes that the most significant potential for involvement in illegal financial activity in this sector is posed by DeFi providers that do not fulfill their commitments to combat money laundering and countering the financing of terrorism (CFT). The Treasury’s Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, was quoted as saying: Trending Stories ETH Price Prediction: ...

UK Blocks $69 Billion Microsoft-Activision Deal

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According to reports, U.K. regulators have blocked Microsoft’s acquisition of Activision Blizzard. The deal worth $69 billion was dismissed following a months-long investigation by UK’s Competition and Markets Authority [CMA]. JUST IN: UK blocks Microsoft's $69 billion deal to acquire Activision. — Watcher.Guru (@WatcherGuru) April 26, 2023 In January 2022, Microsoft revealed its plan to purchase Activision Blizzard for $69 billion. It was one of the largest deal agreements in the video game industry. The latest move follows previous worries about how the acquisition would have an unfair effect on archrival PlayStation. The CMA’s concern over the deal’s potential impact on the cloud gaming industry as a whole led to today’s conclusion. Activision Blizzard’s ownership by Microsoft, according to the CMA’s final assessment released today, might “stifle competition in this growing market.” The regulator reportedly found evidence that showed Microsoft would find it com...

Hyundai Motor Finalizes $5 Billion EV Battery Venture in the United States

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Join Our Telegram channel to stay up to date on breaking news coverage Hyundai Motor has concluded a $5 billion electric vehicle (EV) battery joint venture in the U.S. with partner SK to further electrification ambitions in its biggest market. As part of the partnership, both South Korean companies will have an equal ownership stake in the plant that will be constructed in Bartow County, Georgia. Hyundai Motor Grows Its U.S. Footprint Hyundai Motor Co. announced a $5 billion joint venture in North America with partner SK as President Biden’s green bill encourages businesses along the EV supply chain to invest in the country. Under the electric vehicle (EV) batteries joint venture, the two firms will see the establishment of a new battery manufacturing facility in Georgia, formalizing an earlier tentative arrangement. The announcement came as South Korean President Yoon Suk Yeol arrived in Washington for his first state visit to the United States in 12 years. Yoon was ...

Chamath Palihapitiya: “Crypto is dead in America”

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Join Our Telegram channel to stay up to date on breaking news coverage According to longtime bitcoin bull Chamath Palihapitiya, “Crypto is dead in America.” Entrepreneur and technology investor Chamath Palihapitiya, has a far more cautious outlook on cryptocurrencies now than he had two years ago when he said that bitcoin has replaced gold and forecasted that it will rise to $200,000 in value. In the most recent episode of the All-In podcast, Palihapitiya declared that “crypto is dead in America.” Palihapitiya attributed a big portion of the death of cryptocurrency on regulators, who have been much more active in their pursuit of the industry’s bad actors. Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), has stated that stringent U.S. securities regulations should be followed by crypto trading platforms. Gensler recently implied there has been a strong connection between the failure of Silicon Valley Bank and the cryptoc...

Dogecoin Price Prediction: Key Level Holds Key to 24% Rise or Fall

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The market’s recent instability has heightened the importance of forecasting Dogecoin ’s price. DOGE, a cryptocurrency based on a popular internet meme, has gained widespread attention thanks to billionaire entrepreneur Elon Musk’s vocal support of the asset. As a result of Musk’s advocacy, the value of DOGE has been subject to significant fluctuations. This includes a notable increase following the Tesla CEO’s every tweet about the meme coin . Also read: Dogecoin : Can DOGE Reach $100 in 10 years? The recent market volatility has caused the price of DOGE to drop by 14% over the last seven days. Dogecoin is trading at $0.07852, according to CoinMarketCap data. With the meme coin plunging below the local support of $0.084-0.0793, let us find out whether DOGE will rise or drop in value. Dogecoin- Will it Rise From the Key Support Level? A closer look at the DOGE chart reveals that DOGE has obtained strong support at the $0.084 level as it breached the horizontal l...

SOL’s Quarterly Growth Gives Investors Something to Smile About

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The blockchain intelligence firm Messari (@MessariCrypto) tweeted yesterday regarding Solana (SOL). In the tweet, Messari shared some of the key points from a recent report compiled by one of their analysts for Q1 2023. .@JamesTrautman_ 's State of @solana Q1 23' report ️ +Market cap rebounded, increasing 118.1% QoQ +TVL denominated in USD increased by 23.5% +NFT sales denominated in $SOL increased 19.3%, reaching ATHs FREE report link in the next tweet pic.twitter.com/xB4O2BSzib — Messari (@MessariCrypto) April 23, 2023 The first key point from the report is that the market cap for SOL rebounded over the last quarter. The tweet added that the Ethereum-killer’s market cap has increased by approximately 118.1% since the end of the previous quarter. Secondly, the Total Value Locked (TVL) for SOL denominated in USD increased by approximately 23.5%. The last key point from the report is that the number of NFT sales denominated in SOL increased by 19.3% — reac...

Economist Peter Schiff Warns 'Death Blow' Coming for US Dollar — USD to Lose Reserve Currency Status

Economist Peter Schiff has warned that a death blow is coming for the U.S. dollar and the USD will lose its global reserve currency status in this financial crisis. “People are still reluctant to call it a financial crisis, but that’s exactly what it is, except it’s bigger in scale and it’s going to be far more impactful than the 2008 crisis,” Schiff stressed. Peter Schiff on U.S. Dollar’s ‘Death Blow’ Economist and gold bug Peter Schiff explained that a death blow is coming for the U.S. dollar as a global reserve currency in a recent interview with Commodity Culture, which he shared this week. Regarding whether de-dollarization is happening and whether it’s a real threat to the U.S. dollar’s global reserve currency status, Schiff said: “The only thing that’s surprising about the dollar’s reserve status is that it still has it. Despite everything that we’ve done, we still haven’t lost that privilege.” He elaborated: I think the current financial crisis which just s...

Could Bitcoin be part of the $120T mutual fund industry?

Cointelegraph analyst and writer Marcel Pechman explains how Bitcoin could become a part of the $120-trillion mutual fund industry. The show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity. This week’s show starts by discussing the mutual fund industry , including the well-known BlackRock, Fidelity and Vanguard, and how the top 15 asset managers handle over $54 trillion. Can you believe it? That money could buy all the companies listed in the S&P 500 Index, plus all the gold, fiat bills and coins in circulation on the planet. Pechman explains how the $120 trillion managed by these mutual funds relies heavily on fixed income and why it remains their top bet despite paying below inflation for the past three years. Moreover, the show discusses how pas...

AI Becoming a Concern for Americans, But There Is Optimism

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There is no denying the growing capabilities of AI (artificial intelligence) and its impact on human society. While some are optimistic about AI development, others are spooked by it. However, there is no running away from it. Artificial intelligence is slowly making its way into the office and home workplace. A recent study by Pew Research surveyed 11,004 people to get their insights on artificial intelligence in the workplace. The study found that 32% of Americans believe the role of AI in hiring and evaluating workers will cause more harm than good. Moreover, 71% of Americans are ag AI nst artificial intelligence in deciding whether hire or fire an employee. However, 40% of Americans, according to the survey, still believe that AI may help both job candidates and employees by accelerating recruiting procedures, lowering human error rates, and removing any biases present in human decision-making. 32% of people believed that over the next 20 years, AI will do more damage to worke...