Cryptocurrency Analysis and News Portal
It’s a common question: Is bitcoin (BTC) a store of value? While proponents say, “Yes” without hesitation, skeptics note its historically large drawdowns. And that’s fair. Not long ago, in November 2021, bitcoin reached nearly $70,000 but is now around $20,000. That said, BTC also used to trade below 1
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“We are closely watching whether this moment creates an opening for other currencies, notably the Euro, to emerge as a linchpin of the digital asset ecosystem,” David Bachelier, Asia-Pacific CEO of Flowdesk said in a note to CryptoX. “Such an outcome would be positive, as it would bolster the role
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The new social app has a similar user interface to that of Twitter. Jack Dorsey-backed decentralized Twitter alternative, Bluesky has launched on the App store. The app launched on the App Store on February 17. While only a private beta launch, the app has been installed by about 2000
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Jack Dorsey, the co-founder of the social networking platform Twitter, is progressing with Bluesky — a decentralized Twitter alternative — as its mobile application enters private beta testing.Bluesky has hit the Apple app store as an invite-only app, allowing certain persons to try out the new social experience by creating
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sponsored A new player has entered the Bitcoin apparel market and is quickly making a name for themselves. Founded by Bailey Jakob, an Australian-born entrepreneur and Bitcoin enthusiast, Mr. Satoshi has quickly become the go-to brand for high quality and professionally designed Bitcoin clothing. Mr. Satoshi is a new U.S. based
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Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s “amazing” what bitcoin has accomplished but believes the cryptocurrency is not going to be an effective money, a store of value, or a medium of exchange. Nonetheless, he stressed that “we are in a world
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Despite China’s great firewall, there are hundreds of thousands of people that reside in the country active on Western social media platforms like Facebook, Instagram, and Twitter thanks to the wide availability of Virtual Private Network (VPN) services. Source
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With its current positioning, Damus is notably ready to take on the privacy communication model beyond the big tech.After its initial rejection, Damus, a decentralized social media platform messaging platform has finally made its debut on Apple Inc (NASDAQ: AAPL) AppStore. As reported by The Block, the social platform went
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Damus, a so-called “Twitter killer” built on a decentralized network has been approved on the Apple App Store.The Damus team confirmed the approval to its 11,500 Twitter followers on Jan. 31, following what it claims was at least three rejections from the Big Tech player.Shortly after, Twitter co-founder and Nostr
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Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the moment. Total crypto market cap in USD, 1-day. Source: TradingViewBitcoin (BTC) price gained 8%
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