The CEO of embattled crypto exchange platform BitMEX says that leading digital asset Bitcoin (BTC) could see a seven-figure price tag in the future. In a new article, Arthur Hayes says that he sees BTC being worth millions of dollars in the long run because governments around the world cannot stop devaluing their currencies by […]

The post Here’s Why Bitcoin (BTC) Will Eventually See a $1,000,000 Price Tag, According to BitMEX Co-Founder Arthur Hayes appeared first on The Daily Hodl.

Crypto platform Okcoin is joining hands with the Stacks Foundation and the Stacks Accelerator to create what it’s calling the Bitcoin Odyssey, which will see $165 million put towards bitcoin adoption. Bitcoin Odyssey Will Push for the Adoption of Crypto Bitcoin is still very much in a “speculative” state. While there are several people out...

The post Introducing Bitcoin Odyssey, a Project Designed to Boost Crypto Adoption appeared first on Live Bitcoin News.

German esports organisation Mouz are building somewhat of a UK core with their new Valorant team.

The organisation entered the game’s competitive scene last month when they brought on board UK players Luzuh and Kryptix, as well as French players Amilwa and memset, and German players al0rante and substitute banx.

Now they have this week signed UK head coach Brandon ‘weber’ Weber, who said he was thrilled to join and confident Mouz can make a solid impact in Valorant.

Continue reading Mouz sign UK Valorant head coach Weber after entering Valorant with Luzuh, Kryptix and more

“The contracts are often messy when it comes to esports. A lot of the players are underrepresented and that’s a

The post Zyori of Axie Infinity: Smart Contracts Can Help Solve Esports Third Party Issues appeared first on BitPinas.

Bitcoin could have a bigger role in the international board as superpowers compete for dominance over the financial system. The benchmark crypto has seen some relief in the last day, as the U.S. Federal Reserve (FED) tightens, and the shadow of war looms over Europe. Related Reading | Ethereum Spikes Above $2,700 After Fed Announcement, What Now? At the time of writing, Bitcoin trades at $40,700 with a 1% profit over the past day and a 3% loss in the past week. As Gold Rises, So Will Bitcoin… In a recent post from BitMEX Co-Founder Arthur Hayes, there is a prediction for Bitcoin for the coming years, and a declaration with potential implications for the whole world: the financial system supported by oil and dollars came to an end. Otherwise known as “Petrodollars”, the term describes the way our current financial ecosystem is supported by the exchange of the U.S. dollar for this commodity, the world’s main source of energy. Big oil producers accept this currency, almost exclusively, for their products. This gives the U.S. dollar a prime position in the financial system, contributing to its global reserve currency status. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is another major component of that system. For some, Bitcoin is a direct competitor and a threat to this status quo. In his essay, titled “Energy Cancelled”, Hayes claims the Petrodollar system came to an end. The invasion of Ukraine by the Russian army led to the imposition of sanctions from the international community to the Vladimir Putin-led country. Russian banks and a portion of the country’s fiat currency reserve were seized by the U.S. and European Union (EU). The weaponization of the U.S. dollars has led Russia and China, contesting the role of this currency on the global scene, to find alternatives and possibly push for a new financial system. 8/12 Now add in the news that Saudi Arabia is considering accepting #Yuan instead of Dollars for Chinese oil and you have an accelerator for more economic problems and market uncertainty. https://t.co/5by5PkH8Vf — Material Indicators (@MI_Algos) March 16, 2022 Hayes believes this new system is yet to be named but could potentially be supported by a “neutral” medium of exchanges, such as Gold. This would directly impact Bitcoin, Hayes said: A new neutral reserve asset, which I believe will be gold, will be used to facilitate global trade in energy and foodstuffs. From a philosophical standpoint, central banks and sovereigns appreciate the value of gold, but not that of Bitcoin (…). Bitcoin is less than two decades old. But don’t worry: as gold succeeds so will Bitcoin. Money Has Changed Forever, Why Bitcoin Will Benefit Later, Hayes breaks down the evolution of money and the network that supports money, from its physical to its digital phase. In the latter, individuals, entities, and small countries have money stored on centralized, permissioned networks, and can potentially be locked out of their wealth, if a bank or government decides to. In case the dominant countries on this network, the U.S. and E.U. or China for the current financial system, decide to block network access to a participant, questions about the status quo emerge. Russia’s recent sanctions, the essay claims, is a one-of-a-kind case in history. The digitalization of the monetary network has made it possible to “cancel”, to “shun”, the country at this scale. Hayes said: Money is a medium of energy storage, and the most-used monetary instruments now lack the largest energy producer globally as a user. Why should any central bank “save” in any Western fiat currency, when their savings can be expropriated arbitrarily and unilaterally by the operators of the digital fiat monetary networks? Data shared by Hayes estimates current savings in $12 trillion, most countries store these funds on a network controlled by a superpower. These funds will be moved, says Hayes, to a new network. Gold is the potentially direct benefactor, as mentioned, China and other countries could begin injecting buying pressure into the Gold spot market. Long Gold could be this decade’s most important trade. Wheat, grains, and other commodities could follow. Related Reading | FED Announcement Pushes Bitcoin Price Up, Will BTC Sustain Momentum? In the long term, Hayes expects Gold to reach $10,000 on the spot. The rise of the precious metal will spill into all hard money assets, Bitcoin included. The cryptocurrency could hit $1 million per coin, as Gold moves upward. Hayes added: (…) any and all hard monetary assets believed to protect portfolios from this pestilence will get bid to astronomical levels. And that is the mental shift that breaks the correlation of Bitcoin with traditional risk-on / off assets, such as US equities and nominal interest rates.

1inch, a network of blockchain protocols for operating in the DeFi space, today announced that NFT support has been added to the 1inch Wallet. Thanks to the integration of the OpenSea API in collaboration with the OpenSea team, support for NFTs was successfully incorporated into the 1inch Wallet. A direct link to OpenSea, one of […]

The post DeFi platform 1inch adds wallet support for NFTs appeared first on CryptoNinjas.

  Leading Irish Fintech companies will be in Dubai to take part in the Irish Fintech Innovation Showcase event organised by Enterprise Ireland, the Irish Government’s trade and innovation agency in collaboration with the Commercial Bank of Dubai (CBD) and Dubai International Financial Centre (DIFC). Minister Darragh O’Brien T.D. is visiting the UAE as part […]

The post Ireland and UAE Fintech collaboration to drive The National Financial Services Transformation Journey appeared first on Fintech News.

When Overwatch 1 was released in 2016, it quickly became one of the most popular games on the planet, which was not a surprise, as it was made by Blizzard, one of the most reputable gaming companies at the time. Over the years, Blizzard’s reputation slowly declined, but fans did not care much about the […]

The post What’s New in Overwatch 2 appeared first on EsportsBets.com.

Canadian Esports betting provider Luckbox has made it crystal clear what its main focus is for the remainder of 2022. And that is expansion into its home market of Canada, as well as the rapidly developing esports betting scene that is now starting to expand across its neighbour to the south, the United States. Just […]

The post Luckbox Targeting Expansion In Canada And U.S. In 2022 appeared first on EsportsBets.com.

How Much Does It Cost To Develop Mobile Apps For Smart Home Automation? Nowadays, smartphones are not only useful for communication purposes, but mobiles are also useful for online shopping, e-learning, online meeting, gaming, etc....

Non-Fungible Tokens (NFTs), a Web3-based digital art assets built on decentralised blockchain took 2021/2022 by storm. Skyrocketing cryptocurrency prices and rapid-fire NFT launches, recorded a staggering market cap growth to a combined market of over $40 billion in 2021 – up from just $100m in 2020. Our team scouts and tracks hundreds of NFT daily to...

The post Top 3D rendered NFT Project Releases to Look Out for in 1H 2022 appeared first on Cryptoverze.

Space, the final frontier. The long and exciting journey through vast, dark, deep space with a fleet of your own. The release of the alpha version of the play-to-earn metaverse game DEEPSPACE (DPS) opens up a brand new chapter of the metaverse world for all those who love space exploration, fleet building and formation, and…

The post Strategy and Space Gamers Get Their Own Play-to-Earn Metaverse Full of Cool NFTs — DEEPSPACE (DPS) Alpha Review appeared first on Bitcoin News Miner.