#Salvadoran President #Nayib_bukele made yet another bullish #BTC prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender.
Bukele took to Twitter on Monday to predict that Bitcoin will ultimately see a “gigantic price increase” due to its limited supply of only 21 million digital coins.
The users’ anger towards Binance stems from apparent changes made to the platform’s terms of use which have resulted in certain users losing access to their funds.
🗣"It is enough, I am a victim. My account has been frozen for about 4 months now with over $500k, mostly comprised of alts coins. Is it a crime to be an African?"
➡BINANCE REJECTS ACCUSATION🤷🏾♂️
🗣 "At times, we proactively restrict accounts to protect users’ funds. Other times, we have to restrict accounts at the request of law enforcement. But never will we restrict accounts without good reason."
#basketball superstar #LebronJames and his Akron, Ohio-focused charity the LeBron James Family Foundation (LJFF) is teaming up with the cryptocurrency platform Crypto.com.
The purpose of the multi-year partnership, announced Friday, is to provide crypto and blockchain-related education and resources to underserved communities and to bolster innovations and job opportunities in decentralized applications. These resources will be a part of the LJFF curriculum in the I PROMISE School, a public school established by the LJFF dedicated to helping students left behind in traditional schooling.
“ #blockchaintechnology is revolutionizing our economy, sports and entertainment, the art world, and how we engage with one another. I want to ensure that communities like the one I come from are not left behind,” James said in a statement. “Crypto.com and I are aligned on the need to educate and support my community with the information and tools they need for inclusion.”
➡A Bloomberg report says Russian President Vladimir Putin is backing a proposal that aims to regulate crypto mining.
This is contrary to last week's proposal by Russia's Central Bank to fully ban cryptocurrency.
The report comes a day after President Putin was quoted as saying Russia had “advantages” in crypto mining.
➡YouTube may incorporate non-fungible tokens onto its platform in the future, the video hosting platform’s CEO Susan Wojcicki said in a letter on Tuesday.
➡“We’re always focused on expanding the YouTube ecosystem to help creators capitalize on emerging technologies, including things like NFTs, while continuing to strengthen and enhance the experiences creators and fans have on YouTube,” Wojcicki said.
➡Wojcicki said that Web3 has been “a source of inspiration” for YouTube, adding that NFTs and decentralized autonomous organizations (DAO) have the “unimaginable opportunity to grow the connection between creators and their fans.”
➡NFTs could be another form of revenue for Youtube’s creators, the CEO said. She did not, however, provide additional details or specify a timeline. ✍
➡The letter follows closely on the heels of Twitter’s announcement of supporting verified #NFT profile pictures. Users of the company’s #Twitter Blue subscription service can link ether-based wallets to their account and display their NFTs a
➡Shares of YouTube’s parent company Alphabet Inc. are trading 1.84% lower at $2,567.99 at time of publication.
#NBA Top Shots #NFT Sales Surged 72% In the Past Month.
➡Bukele, who also bought bitcoin during a dip in September, announced in an emoji-laden tweet Friday that the country had purchased the currency “really cheap.”
➡Friday’s purchase brings El Salvador’s total holdings to at least 1,801 bitcoin, currently valued at about $66 million.
➡Two major ATM operators, Daenerys and Deodi, have already pulled their bitcoin machines in compliance with Monetary Authority of Singapore’s new guidelines.
#crypto and #bitcoin ATMs in #singapore are closing up shop following guidelines on #monday from the country’s central bank
➡Two major ATM operators have already pulled their machines in compliance with the new rules
➡Following new Monetary Authority of #Singapore (MAS) guidelines targeting #crypto promotions in the country on Monday, bitcoin ATMs are shutting down as operators are being forced to comply with the new measures.
➡According to a report by Reuters on Tuesday, Daenerys & Co., Singapore’s largest crypto ATM operator in the city-state said it had shut down its machines following the guidelines, which it said had come as a shock.
➡Daenerys has now closed all five of its crypto ATMs which were placed around shopping centers. Deodi Pte, another crypto ATM operator also announced Monday it had closed its sole machine.
➡“Pursuant to MAS notice, we regret to inform you that we have to shut down our public bitcoin machine with immediate effect,” the Deodi announced via its website.
➡While Singapore has long been viewed as a hub for crypto entrepreneurship and innovation, the latest moves from the central bank indicate the city-state is attempting to clamp down on activity considered outside the remit of regulators.
➡Hashdex, a major worldwide crypto-focused asset manager, revealed in a press statement on Wednesday, January 18 that the world’s first decentralized finance (DeFi) exchange-traded fund (ETF) has been approved.
➡With the ETF, investors will have exposure to all components of the DeFi ecosystem in a diversified, safe, and regulated manner. The ETF will be launched on the B3 stock market in Brazil on February 17, 2022, under the ticker code DEFI11.
➡CEO of Hashdex, Marcelo Sampaio stated:
“As the largest crypto asset manager in Latin America, Hashdex continues to deliver on our mission of helping people around the world better understand and gain diversified exposure to the crypto asset class.”
He added:
➡“We are confident that DeFi, through its innovative and disruptive technology, will exponentially grow and play a vital role in the financial sector of the future. By offering the first DeFi ETF in the world, we are providing our global investors with the ability to play a part in the next evolution of the crypto ecosystem.”
✍Alkesh Shah, a digital asset strategist at Bank of America has revealed he believes Solana ($SOL) has the potential to “become the Visa” of the cryptocurrency space as it focuses on scalability, low transaction fees, and ease of use.📊
✍In one of the latest developments, crypto exchange Binance seems to have started direct withdrawals to Layer Two Ethereum Networks. ➡📊Popular crypto analysts Lark Davis was the first to spot this development by sharing a screenshot on his Twitter profile.📉
The rollout of digital Yuan during the approaching winter Olympics in #Beijing2022 will enable foreign athletes and spectators to use the digital currency for the first time.
