[ad_1] Combining cryptocurrency and immigration policy, a new investment option will enable Bitcoin holders to purchase European Union citizenship. Powered by the Unbound Fund, this initiative uses Bitcoin as a key to open up Portuguese citizenship via the country’s golden visa program. It also identified a pioneering approach towards a massive step forward in accepting digital assets within international mobility or residency rights. An EU Citizenship Pathway Via Bitcoin, How? Alessandro Palombo, co-founder and CEO of Unbound Fund, recently unveiled this option through a post on Elon Musk’s social media platform X. According to Palombo, by investing in Bitcoin through…
Author: dfrancis36
[ad_1] Bitcoin price started another decline below the $66,500 level. BTC is gaining bearish momentum and might revisit the $63,200 support. Bitcoin started a fresh decline from the $68,500 resistance zone. The price is trading below $65,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $66,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses and trade toward the $63,200 support zone. Bitcoin Price Gains Bearish Momentum Bitcoin price failed to hold gains above the $66,500 support level. BTC started…
[ad_1] Nigeria is making news in the IT business with a new project that aims to teach 1,000 young people a year about artificial intelligence (AI) and blockchain technologies. This forward-looking project is part of Nigeria’s broader National Digital Economic Policy and Strategy 2020-2030. The program aligns with the government’s objectives to be competitive in the global stage through the utilization of new technology. AI And Blockchain Initiative Launch Vice President Kashim Shettima spearheaded the inauguration of the AI Expertise Blockchain and Technology Training and Outsourcing Initiative during a recent ceremony in Jigawa. In her address during the opening, Shettima…
[ad_1] The Solana-based memecoin Popcat (POPCAT) has been making the headlines for the past week after becoming the first cat-themed token to reach a $1 billion market cap. The token has surged over 230% in the past month, which propelled the token to a new all-time high (ATH). However, a crypto analyst has warned investors of a possible correction for the feline sensation. Related Reading POPCAT Leads The Clowder This month, Popcat has registered a remarkable performance. The token began climbing the chart on July 11, breaking above a $900 million market capitalization by July 16. That day, the Solana-based…
[ad_1] Today, Ferrari announced the extension of its crypto payment options to its network of European dealers, a move set to take effect by the end of this month. This expansion follows a successful inaugural rollout in the United States last year. Buy Ferraris With Crypto Across Europe The Italian luxury sports car manufacturer initially revealed the support for digital asset payments in the United States in October last year. According to the statement at that time, the aim of this move was cater the growing demographic of tech-savvy clientele. The decision to expand these services into Europe comes as…
[ad_1] A closely followed crypto strategist says one under-the-radar decentralized finance altcoin looks ready for a big upside move. Pseudonymous analyst Credible Crypto tells his 403,900 followers on the social media platform X that he’s bullish on the native asset of the decentralized exchange and automated market maker Convex Finance (CVX). The trader shares a chart suggesting that CVX is primed to ignite a wave-three surge against the US dollar. “I think an explosive move for CVX is just around the corner. With the BTC pairing approaching major demand/support and the USD pairing already bouncing off of it – I…
[ad_1] Ethereum prices are stable at spot rates, moving horizontally even after the United States Securities and Exchange Commission (SEC) approved the list and trading of spot Ethereum ETFs on July 23. Ethereum is trending below the crucial resistances at $3,500 and $3,700 at press time. However, buyers have kept prices above $3,300 as price action moves horizontally. Though there are expectations of volatility, reading from options data, now that spot Ethereum ETFs are available for trading, one analyst picked out a critical development that might affect the BTC-ETH dynamic. Ethereum Whales Taking, ETH Outperforms BTC In a post on…
[ad_1] Bitcoin is within a bullish formation following gains from last week after spring, as seen on July 15 when prices broke above the 20-day moving average. However, even with the optimism, cracks are beginning to form. Yesterday, on July 23, prices retracted, cooling off from over $67,500 to falling below the all-important support at $66,000. If sellers double down by the close of today’s bar, reversing current gains, it will rapidly slow down the uptrend momentum, challenging the bulls of last week. Bitcoin Exchange Activity Rising: Are Bulls In The Equation? While Bitcoin remains generally resilient and within inches…
[ad_1] Amid the recent recovery from a significant price correction of over 25% that sent the Bitcoin price to a 6-month low of $53,500, the largest cryptocurrency on the market has since recovered to trade in the $66,000 to $68,000 range despite the start of Mt. Gox creditor repayments. Investors, buoyed by prospects of continued price appreciation, have adopted a HODL stance, opting to retain their assets rather than selling them off following the alleged hack suffered by the Bitcoin exchange in 2011. BTC Hodlers Stand Firm Data from market intelligence platform Arkham reveals that Mt. Gox initiated a significant…
[ad_1] Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos Remonda Z. Kirketerp-Møller | Muinmos In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates…