SINGAPORE, May 29, 2022 - (ACN Newswire) - Local singer-songwriter Gentle Bones will return to the stage for a good cause in collaboration with RHT Rajan Menon Foundation...
A project bringing the functionality of traditional finance to crypto investing is exploding after a surprise listing from Coinbase. The US-based cryptocurrency exchange announced in a tweet that Crypterium (CRPT) is now available on its main website as well as Android and iOS apps. Crypterium (CRPT) is now live on https://t.co/CD3RBjtMAO & in the Coinbase […]
El Salvador President Nayib Bukele has condemned a Reuters report that claimed Binance founder Changpeng ‘CZ’ Zhao wants to assist the country’s Bitcoin Bond. “Please [...]
El Salvador President Nayib Bukele has condemned a Reuters report that claimed Binance founder Changpeng ‘CZ’ Zhao wants to assist the country’s Bitcoin Bond. “Please [...]
El Salvador’s President Nayib Bukele urged his 3.6 Million Twitter users to avoid spreading Reuters FUD. President Bukele Disproves Bitcoin Magazine’s Report President Bukele’s Wednesday was spent in responding to the report of Binance CEO Changpeng “CZ” Zhao being called in to salvage El Salvador’s Bitcoin Bond Sale. Late on Wednesday, Bukele took to Twitter appealing to his users to stop the spread of Reuters FUD. I’m a fan of @BitcoinMagazine, please don’t spread @Reuters FUD. The #Bitcoin Volcano Bonds 🌋 will be issued with @bitfinex. The short delay in the issuance is only because we are prioritizing internal pension reform and we have to send that to congress before. https://t.co/chUGgdDBDc — Nayib Bukele (@nayibbukele) March 23, 2022 The tweet was in response to Bitcoin Magazine’s allegation towards Binance CEO Changpeng “CZ” Zhao jetting into the country. The report claimed that Binance is assisting El Salvador in assisting the country’s Bitcoin bond issuance after the delay in the sale. Earlier this week, Finance Minister of El Salvador, Alejandro Zelaya stated that due to unfavorable conditions of the market, the $1 Bitcoin bond offering was postponed. President Bukele Hits Out At Bitcoin Magazine Nayib Bukele shared another tweet confirming his upcoming meeting with the Binance CEO. Bukele says that his discussion with CZ will not be related to the Volcano Bonds. He cheekily added that unless CZ is interested in some, they won’t be talking about it. I’m meeting with @cz_binance tomorrow to discuss OTHER issues, not the Volcano Bonds 🌋 Unless he wants to buy some, of course 😉#Bitcoin fixes FUD! — Nayib Bukele (@nayibbukele) March 23, 2022 In agreement with Bukele, Samson Mow, former Blockstream Chief Strategy Officer, and Advisor tweeted that there has been a delay due to the new laws passed by Congress. Managing the bond insurance, Bitfinex’s CTO Paolo Ardino also chimed in agreement. https://t.co/2VdxwD7La2 — Paolo Ardoino (@paoloardoino) March 23, 2022 Bukele’s Displeasure With The U.S. Senate As El Salvador has decided to adopt Bitcoin, the U.S. Senate passed a bill to alleviate risks to the financial system of America. Bukele was surprised that the U.S. Government was afraid of El Salvador’s plans. “The US Government DOES NOT stand for freedom and that is a proven fact. So we will stand for freedom. Game on!” What is Bitcoin Bond Used For? Issued by the country El Salvador, Bitcoin Bond is the country’s way of accumulating Bitcoin reserves and funding the construction of the city called Bitcoin City. Reportedly, the BTC City will run on geothermal power that will help in Bitcoin mining and the city’s infrastructure.
El Salvador’s President Nayib Bukele urged his 3.6 Million Twitter users to avoid spreading Reuters FUD. President Bukele Disproves Bitcoin Magazine’s Report President Bukele’s Wednesday was spent in responding to the report of Binance CEO Changpeng “CZ” Zhao being called in to salvage El Salvador’s Bitcoin Bond Sale. Late on Wednesday, Bukele took to Twitter appealing to his users to stop the spread of Reuters FUD. I’m a fan of @BitcoinMagazine, please don’t spread @Reuters FUD. The #Bitcoin Volcano Bonds 🌋 will be issued with @bitfinex. The short delay in the issuance is only because we are prioritizing internal pension reform and we have to send that to congress before. https://t.co/chUGgdDBDc — Nayib Bukele (@nayibbukele) March 23, 2022 The tweet was in response to Bitcoin Magazine’s allegation towards Binance CEO Changpeng “CZ” Zhao jetting into the country. The report claimed that Binance is assisting El Salvador in assisting the country’s Bitcoin bond issuance after the delay in the sale. Earlier this week, Finance Minister of El Salvador, Alejandro Zelaya stated that due to unfavorable conditions of the market, the $1 Bitcoin bond offering was postponed. President Bukele Hits Out At Bitcoin Magazine Nayib Bukele shared another tweet confirming his upcoming meeting with the Binance CEO. Bukele says that his discussion with CZ will not be related to the Volcano Bonds. He cheekily added that unless CZ is interested in some, they won’t be talking about it. I’m meeting with @cz_binance tomorrow to discuss OTHER issues, not the Volcano Bonds 🌋 Unless he wants to buy some, of course 😉#Bitcoin fixes FUD! — Nayib Bukele (@nayibbukele) March 23, 2022 In agreement with Bukele, Samson Mow, former Blockstream Chief Strategy Officer, and Advisor tweeted that there has been a delay due to the new laws passed by Congress. Managing the bond insurance, Bitfinex’s CTO Paolo Ardino also chimed in agreement. https://t.co/2VdxwD7La2 — Paolo Ardoino (@paoloardoino) March 23, 2022 Bukele’s Displeasure With The U.S. Senate As El Salvador has decided to adopt Bitcoin, the U.S. Senate passed a bill to alleviate risks to the financial system of America. Bukele was surprised that the U.S. Government was afraid of El Salvador’s plans. “The US Government DOES NOT stand for freedom and that is a proven fact. So we will stand for freedom. Game on!” What is Bitcoin Bond Used For? Issued by the country El Salvador, Bitcoin Bond is the country’s way of accumulating Bitcoin reserves and funding the construction of the city called Bitcoin City. Reportedly, the BTC City will run on geothermal power that will help in Bitcoin mining and the city’s infrastructure.
It was about time that Binance ’s CEO, Changpeng Zhao, visited El Salvador. His company is the biggest cryptocurrency exchange in the world and El Salvador is the first country to adopt bitcoin as legal tender, why did this take so long? According to the Secretariat of Communications of the Presidency of the Republic of…
DOGE rises 14% as BTC ATM operator added the coin to its kiosks which led to the meme coin making some double-digit gains as we are reading more in our latest Dogecoin news. DOGE increased by double digits amid the news that the Bitcoin of America added the coin to its crypto ATMs. The wider […]
DOGE rises 14% as BTC ATM operator added the coin to its kiosks which led to the meme coin making some double-digit gains as we are reading more in our latest Dogecoin news. DOGE increased by double digits amid the news that the Bitcoin of America added the coin to its crypto ATMs. The wider […]
ApeCoin, the most recent and headline-making crypto project that surmounted unbelievable leaps within the first few days of its launch, has begun experiencing a steady low. Regardless of the adoption of APE tokens by whale traders and investors within its first days, ApeCoin has struggled to bounce back to the limelight. The coin experienced a two-digit loss overnight. This is even happening notwithstanding the recent announcement by Times Magazines about the collaboration with the ApeDAO team to integrate APE coin as a payment option. ApeCoin Price Struggling To Rise Again The ETH-based NFT utility token-ApeCoin-was trading at an All-Time-High price of $17.81 on Friday 18th March, close to the coin’s listing price of $20, almost three days ago. After then, ApeCoin has seen a double-digit decline. Suggested Reading | Fiat – Not Crypto – Still The Top Choice For Financial Crimes, US Treasury Says It’s worthy to note that the NFT token is available for purchase at major crypto exchanges like FTX, Binance, Gemini, Coinbase, eToro, and several other leading exchanges. Their notable reason is that the coin emerges as the most purchased NFT token among ETH whales. They have accepted the token and even listed it on their crypto marketplaces. Amazingly, ApeCoin has arisen as Ethereum’s most traded NFT token and even ranked among the top 5 purchased coins in the last 24 hours. This data was provided by a leading ETH whale analytics platform, WhaleStats. Just hours after the token’s deployment into the market, Ethereum whales rushed over to invest in the BAYC (Bored Ape Yacht Club) token. TIME Has Announced Its Interest In The Token Time Pieces, one of New York’s leading news publishers and magazines, announced its collaboration with the ApeCoin token. The company explained that the token would facilitate digital subscriptions within their platform in weeks to come. Yuga Labs Make Publications Of Further Developments Recently, the developers of one of the leading NFTs – the Bored Ape Yacht Club collection teased the release of an ApeCoin-powered metaverse in their tweet. Asides from them, the Yuga labs also announced its forthcoming application of the ApeCoin on another level this April 2022. Suggested Reading | Bitcoin Breaks Past The $40,000 Barrier Again – Can It Sustain The Momentum? Crypto Analysts Evaluate The ApeCoin Price Crypto pundits and analysts have analyzed the Eth-based NFT token and projected its price trend. In their observation, the decreasing 20-day & 50-day EMA (Exponential Moving Average) provide bear traders a great opportunity. An increase in the NFT token’s selling pressure has spurred the token’s price drop. Currently, the Bored Ape Yacht Collection is trading at 78 ETH, a decline of 30% since its high of today. Also, other renowned celebrities like Justin Bieber and Serena Williams joined the club in purchasing the BAYC NFT collection. Featured image from Pixabay, chart from TradingView.com