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0 CommentsAnother decentralized finance (DeFi) protocol suffered a collapse in token value. The IRON Titanium Token, or TITAN, backed by billionaire Mark Cuban fell from over $60 to zero dollars on June 16 morning. Cuban has claimed he ‘got hit like everyone else’ after the token crash. The DeFi Titanium token in one day has dropped…
MicroStrategy CEO Michael Saylor expressed his support for cryptocurrencies and called Bitcoin the most dominant digital property network. In the interview with CNBC on Tuesday evening, he compared Bitcoin to digital gold on a big technology network. Commenting about the performance over the last 12 months the recent surge in inflation, and the role of…
The World Bank has rejected El Salvador’s request for help on the implementation of Bitcoin as a legal tender. After it comes, Bitcoin hovered below $40,000 on Thursday morning. In Wednesday’s announcement, the World Bank stated it could not assist El Salvador’s Bitcoin implementation because of environmental and transparency drawbacks. “We are committed to helping…
Bitcoin jumped above $39,000 in the last 24 hours after Elon Musk said Sunday Tesla Inc could accept Bitcoin again in the future. According to Coinbase, Bitcoin’s price surged to $39,095 (9% up) at the start of Sunday trading. Before, Tesla CEO Elon Musk clarified in response to a tweet of Cointelegraph, one of the…
Recently, a Cryptopunk NFT was sold for almost $12 million among works of other artists during a Sotheby’s auction organized virtually. Sotheby’s looking forward to strong demand for this new type of digital good in the future, even as NFT’s craze stepped down last weeks. A leading Sotheby’s auction house announced on Thursday the sale…
The publicly traded company MicroStrategy, a big enterprise software developer, announced Tuesday that it raised its corporate bond sale from $400 million to $500 million to satisfy investor demand. The revenue will be transferred to purchase funds in Bitcoin above the 92,079 BTC the firm accumulated before. Unnamed sources said to Bloomberg, the sale was…
