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As Investors Flee Crypto, Gold Holds SteadyInvestors are pulling out of crypto and putting their money into gold ETFs, writes gold commentator Frank Holmes for Forbes. The week before last, investors yanked their money from Bitcoin on the heels of China’s crackdown on cryptocurrency mining and Elon Musk tweeting that he would suspend Tesla p…[Read more]

XRP Partners With Bank Dhofar, Oman’s Second- Largest BankXRP Partners With Bank Dhofar, Oman’s Second- Largest Bank
Ripple partners with Oman’s second-largest bank, Bank Dhofar.
Bank Dhofar will collaborate with IndusInd Bank, a well-known bank in India.
Customers can rapidly transfer up to OMR 1,000 ($2,600) using Bank Dhofar’s app.
On Wednesd…[Read more]

Comparison of Token Vesting OptionsFollowing increased exit scams and rug pulls in the crypto space, crypto players have developed several ways of protecting crypto investors from such scams. One such means of protecting investors is using liquidity lockers integrating several features, including token vesting. Token vesting refers to locking up…[Read more]

Hong Kong Uses Blockchain to Fight Media CensorshipHong Kong Uses Blockchain to Fight Media Censorship
RTHK a public broadcaster is deleting content covering the uprisings in Hong Kong.
In response, People in Hong Kong are using blockchain to store the deleted content.
Users are mainly using a blockchain called LikeCoin for storage.
People in Hong…[Read more]

ETF Wrap: ETF Wrap: Cathie Wood’s Ark Investment funds aim for a comeback, and more bitcoin ETF applicationsEvery week we highlight the most timely exchange-traded fund news, from new launches to inflows and performance.

Cryptocurrency Can Be Ignored as Fad, Danish Central Banker Says(Bloomberg) — Bitcoin and other cryptocurrencies are little more than a speculative fad that central bankers can probably ignore, according to Lars Rohde, the governor of Denmark’s central bank.

The much more serious threat stems from big tech, he said in an interview with B…[Read more]

American Billionaire Investor, Carl Icahn, is Optimistic about BitcoinCarl Icahn, a renowned American billionaire and the founder of Icahn Enterprises, has stated that he is optimistic about Bitcoin and the broader cryptocurrency market. Icahn revealed these details during an interview with Bloomberg. In the interview, Icahn also stated that the…[Read more]

Apple Looking into Crypto Job Posting Confirms – Time to Invest in Bitcoin?Apple has listed a new job posting stating that it is looking to hire a business development manager with experience in the crypto sector. The […]

OneOf Raises $63 Million For Green NFT Music PlatformOneOf raised $63 million in a recent seed funding round.
The platform aims to offer green music NFTs on Tezos.
Also, OneOf aims to make NFTs cheaper and more accessible to the general public.
Artists set to mint NFTs on OneOf include Whitney Houston, Doja Cat, and more.
OneOf raised $63 million…[Read more]

PayPal Enables BTC, ETH, LTC, BCH Coin TransfersPayPal will soon enable its users to transfer their crypto to and from third-party wallets.
The platform believes this will give their users more token utility.
Also, the COVID-19 pandemic has increased digital currency adoption.
PayPal, a global payment provider, will soon enable crypto holders to…[Read more]

Polygon Partners With RenVM Bridge for High-Speed, Low-Cost TransactionsRenVM’s first direct bridge partners with Polygon.
Providing users the benefits of high-speed and low-cost transactions.
RenBridge allows BTC, ZEC, BCH, and DOGE to connect soon with other assets.
RenVM’s first direct bridge partners with Polygon providing users the ben…[Read more]

Billionaire Carl Icahn May Invest up to $1B in CryptoBillionaire Carl Icahn said he may invest in crypto in an interview.
The American investor said he is studying the crypto market as a whole.
Icahn noted that alternate currencies are a product of inflation in the economy.
American businessman Carl Icahn suggested in an interview that he may get…[Read more]

Nvidia Financial Reports Show No Sign of Crypto Miners ImpactNvidia (NASDAQ:NVDA) announced its financial results for the first quarter.
However, there is no sign of crypto miners’ impact despite the surging crypto market.
Nvidia announced its financial results for the first quarter, which ended on May 2, 2021. In the results, there is no sign o…[Read more]

DeFi and traditional finance could converge thanks to tokenizationNonfungible tokens could become a bridge to connect the legacy financial system to the emerging fintech world in the near future. During a recent interview, Adrian Lai, CEO of Liquefy — an investment firm and an incubator for decentralized finance platforms — told Cointelegraph Chi…[Read more]

Market Extra: Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 millionHow Egyptian-born Andrew Dawood turned roughly $50,000 in savings into $1.7 million on a series of white-knuckle bets on bitcoin, Chinese electric-vehicle maker NIO, and videogame-retailer GameStop Corp.

Gold vs BitcoinGold hit its highest point since January 8th at $1884.
Digital currency, Bitcoin had a great run this year reaching its highest point above $64000 before entering into its recent troubles.
The Bitcoin and gold debate has been ongoing since the mass adoption of cryptocurrencies.
With recent troubles for Bitcoin and the rise in the…[Read more]

Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrativeMicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council.

The council was formed on May 25 after Saylor brokered a successful meeting between Elon Musk and several top North American Bitcoin min…[Read more]

Ether sails past BTC’s daily volume as Grayscale ETH Trust trades at 11% premiumEther sails past BTC’s daily volume as Grayscale ETH Trust trades at 11% premium
Ethereum is seeing renewed interest in the aftermath of Bitcoin’s travails this week, with Ether’s 24-hour trade volume topping BTC’s by a significant margin.

However it’s still a long wa…[Read more]

You can now buy gold-backed NFTs with the mining carbon footprint offsetDigital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached.

According to a May 26 announcement the tokens represent ownership over physical gold bars…[Read more]