Business

Importing cars and sending money to family

[ad_1] Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic. An entrepreneur who first learned of Bitcoin while living in the United States, Ovidy has since built a business with Bitcoin at its core. Below, Ovidy (center) is pictured with Paco the Bitcoin traveler (left):Day 276Obidy
Business

Bitcoin S2F model gives false sense of certainty, says Vitalik Buterin

[ad_1] Ethereum co-founder Vitalik Buterin has criticized the controversial Bitcoin (BTC) stock-to-flow (S2F) model, popularized by a pseudonymous Dutch institutional investor known as PlanB.The BTC stock-to-flow model gained a lot of attention during the bull run as it got several price predictions right, however, the model deviated on a number of occasions during the bull market as well.Buterin joined the growing list of critics of the model that aims to predict the price of BTC:Stock-to-flow
BLOCKCHAIN

What is Vulcan Forged (PYR) and how to make money playing it?

[ad_1] What is a play-to-earn crypto game?Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and gamers a more interactive, immersive and incentivized experience than ever before through the new game model advertised by tech enthusiasts and named the play-to-earn (P2E) crypto games model. P2E games, also known as blockchain-based or cryptocurrency games, gain significant attention from the gaming community and developers as they provide an opportunity to
Business

Bitpanda cryptocurrency exchange scores registration in Spain

[ad_1] Bitpanda, an Austrian cryptocurrency exchange that was valued at $4.1 billion last summer, have received registration as a virtual currency exchange and digital asset custody service provider in Spain. The company’s name appeared in the Bank of Spain’s registry for crypto enterprises on June 16. The registry itself opened in October 2021. At the moment, it includes 15 companies. Speaking to Cointelegraph, Bitpanda's representative specified that the company has been
Business

That’s not hodling! Over 50% of Bitcoin addresses still in profit

[ad_1] More than half of Bitcoin (BTC) addresses are still in profit, raising questions about the severity of the current “bear market.”Data from on-chain analytics firm Glassnode confirms that as of June 20, 56.2% of addresses were still worth more in U.S. dollar terms than when their coins entered them.Profitability fails to match previous market bottomsAs BTC/USD fell to 19-month lows of $17,600 over the weekend, analysts braced for what
Business

Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes

[ad_1] Major cryptocurrency trading platform Huobi continues expanding its global presence by securing new licenses in New Zealand and the United Arab Emirates.Huobi Group on June 17 obtained the Innovation License under the Dubai International Financial Centre (DIFC), securing the company’s first-ever license there.The DIFC license is not a trading license but rather authorizes Huobi to incentivize technology startups to set up operations in Dubai, Huobi Group chief financial officer
ALTCOIN

Celsius warns community about fake accounts, pauses Twitter spaces and AMAs

[ad_1] A week after it started its withdrawal freeze, crypto lending platform Celsius Network warned the community of a rise in fake social media accounts claiming to be affiliated with the company. In a blog post, the lending firm urged the community to be more vigilant as there's an increase in accounts that are "falsely purporting to be associated with Celsius." In the same post, the firm announced that it will