-
Mexican Billionaire Ricardo Salinas Is a Big Bitcoin Investor
This information will undoubtedly delight crypto enthusiasts, in this case bitcoin evangelists and enthusiasts. Ricardo Salinas Pliego claims that he has invested heavily in digital currencies. The billionaire stated that he doesn’t own any bonds. He said that he had 60% in bitcoin and bitcoin equity in his liquid portfolio. Then there’s 40 percent in hard assets like stocks such as oil and gas, gold miners and other stocks. Although he did not give a specific amount, this announcement makes him one the first billionaires to declare that he is all in on Bitcoin. Salinas spoke at the “Bitcoin 2022” conference in Miami. More than 25,000 people attended the event. According to Bloomberg, Salinas…
-
Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote
Anchor Protocol is changing its earn rate. This is the Terra-based decentralized finance (defi money market) and lending application. Anchor Protocol will adjust its payout rates dynamically according to the governance vote. The earn rate can change from 1.5% to 1.5% depending on how much the yield reserves increase or decrease. Anchor governance voting results showed that 14.98% voted for the proposal and 2.4% voted against it. Anchor’s official Twitter account also tweeted about Thursday’s passing of the proposal. The team explained that Anchor would now be able to implement a sustainable semi-dynamic earning rate after Prop 20 was passed. Anchor’s team also added: This proposal, in its simplest form involves two parameters on Earn. We will break…
-
EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus
The European Commission welcomed Wednesday’s agreement among the 27 European Union members to amend the bloc regulations that impose sanctions on Russia for its military attack on Ukraine and Belarus for its involvement. These changes will ensure that the restrictions are not circumvented. We are increasing the number of sanctions in response to Russia’s aggression military against Ukraine *Listing 160 people: Oligarchs, Russian Federation Council members *Belarus banking sector *Export of maritime navigation tech to Russia *Adding crypto-assets – Ursula von der Leyen (@vonderleyen) March 9, 2022 Another 160 people are being punished by Russia for their involvement in acts that threaten Ukraine’s sovereignty. This group includes 14 prominent businessmen and oligarchs, as…
-
Bullish Bitcoin chart may point to move toward $53,000-mark
The technical pattern for Bitcoin suggests that the largest cryptocurrency in the world is heading to a brighter future. This pattern, known as the reverse head and shoulders is often seen to indicate a change in trend. According to the study, a target of $53,000 could be set for the token. This is slightly more than Tuesday’s increase of 3%. If the reverse head and shoulders are broken at approximately $44,600, the target would be about $53,000. Bitcoin is allowed to be used in Russian regiments and rules (Reuters) Europe’s looming laws and tensions could be clues to two questions. Can Russia become a crypto superpower in the future? For now, the answer…
-
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet
According to an announcement made Tuesday, Consensys purchased the Ethereum-based wallet Mycrypto. The purchase was for an undisclosed amount. According to a Tuesday announcement, the deal will strengthen the company’s Ethereum wallet Metamask as well as ‘enhance Web3 experience’. Consensys claims that the eventual merger of the two Ethereum interfaces will provide users with an enhanced experience that is more secure and extensive. Consensys, a company that makes Ethereum software, is led by Joseph Lubin, one of the Ethereum cofounders. Consensys owns the Web3 wallet Metamask with 21 million monthly active users. Consensys unveiled a rollups scaling option with Mastercard in mid-December 2021. Dan Finlay, cofounder of Metamask, believes that Mycrypto and Metamask can provide ethereum users with a…