U.S. Senator Ted Cruz says Millions are Using Bitcoin as a Hedge to Fight Inflation | Curated CoinCodeCap #27 May 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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U.S. Senator Ted Cruz says Millions are Using Bitcoin as a Hedge to Fight Inflation
U.S. Senator Ted Cruz says Millions Worldwide are turning to Bitcoin as a hedge to fight inflation. He made the statements at the Heritage Foundation’s panel discussion event titled ’Bitcoin and the American Experiment’ on Monday. Keep Reading »
World Bank Would Not Support Central African Republic’ Sango Crypto Hub
The World Bank has expressed concern over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal tender and has stated that it will not support the recently revealed Sango crypto center. Sango is the country’s first crypto initiative, according to its creators. Keep Reading »
The US Federal Reserve Vice Chair sees necessity for the Digital Dollar
Lael Brainard, Vice Chair of the US Federal Reserve, has reawakened interest in crypto, recognizing the need for a central bank digital currency based on the US dollar and its ability to coexist alongside stablecoins. Brainard elaborates on the importance of adopting digital money and the consequences of not connecting with the future digital financial system, even putting a 5-year timetable on the debut of the digital dollar. Keep Reading »
MetaMask Has a Strategy in Place to Aid Crypto Scam Victims
ConsenSys’ renowned self-custody wallet, MetaMask, unveiled its latest strategic partnership with Asset Reality, an end-to-end solution for recovering, managing, and retrieving seized crypto and complex assets. Keep Reading »
JPMorgan starts using Blockchain for Collateral Settlements
Multinational Investment Bank JPMorgan Chase & Co is using blockchain for collateral settlements, according to a Bloomberg report. The bank made its first transaction on May 20, when two of its entities transferred the tokenized money market fund shares of BlackRock Inc. as collateral on its private blockchain. Keep Reading »
Market Updates
AR Price Analysis May 2022
AR is a coin of the platform Arweave. Its current price is around $14.77 biting, with a low of $7.11, and has a market cap of 493 million dollars. Keep Reading »
ONE Price Analysis May 2022
ONE is a coin of platform Harmony. Its current price is around $0.04669 by the time of writing, with a low of $0.03258, and has a market cap of 563 million dollars. Keep Reading »
GNO Price Analysis May 2022
GNO is a token of platform Gnosis. Its current price is around $208.73 by writing, with a low of $130.30, and has a market cap of 538 million dollars. Keep Reading »
IOTX Price Analysis May 2022
IOTX is a coin of platform IoTeX. Its current price is around $0.03968 by writing, with a low of $0.01289, and has a market cap of 378 million dollars. Keep Reading »
Crypto to look out for this week BTC, ETH, BTG, LRC, FTM
Cryptocurrency is an emerging asset class gaining traction in recent years. There are many cryptocurrencies on the market, and it can be hard to find out which ones will have the most impact in the future. This article looks at crypto that is worth keeping an eye on this week. Keep Reading »
Crypto Gambling Coins to Look Out for This Week
Crypto gambling has exploded in recent years as more and more people around the world are continuing to take advantage of the many benefits that can be enjoyed when virtual currency is used. Keep Reading »
Crypto to look out for this week BTC, ETH, MANA, ZEC, QNT
Many people prefer to deposit their BTC onto centralized exchanges to minimize risk and volatility. As a result, most new deposits have been to centralized exchanges during recent bitcoin action. Bitcoin currently sits at $30000, and 49.76k BTC likely moved into exchanges, Binance being a popular choice this month. Keep Reading »
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