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🏦 Russia’s central bank digital currency (CBDC) could be released before 2023 is over, the government has claimed.
🏪 It has been reported that 19 Russian banks are currently working with the Central Bank on its latest phase of digital ruble testing.
💵 Moscow wants to fast-track the rollout of its CBDC in a bid to de-dollarize international trade.
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The head of crypto and blockchain at Mastercard said that the company will expand its cryptocurrency credit card payment program by looking for more partnerships with crypto and blockchain companies.
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🇭🇰 Hong Kong will issue licensing rules for cryptocurrency exchanges in May.
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Bitcoin Is Now Accepted At The Grand Bazaar In Istanbul.
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Just a year after its introduction, Intel will stop making its own chips for cryptocurrency mining.
⬤ The company's decision is driven by a decline in interest in the field of cryptocurrencies, which were in high demand in 2021.
⬤ Unlike Nvidia, the company said it pays attention to the field and may return to it in the future.
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🟣 Bitcoin hits $30K; highest price since June 2022 🚀
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Russia ranks second in terms of energy capacities engaged in cryptocurrency mining.
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2021: Apple CEO confirms he owns #Bitcoin and crypto.
2023: Apple puts the #Bitcoin whitepaper on every Mac.
What's next?
Humanity's adoption of new technologies
The graph shows how much faster the adoption of bitcoin is compared to the adoption of other modern goods (Internet, cell phones, smartphones, electricity, etc.)
Justin Sun has offered to buy all 41,500 Bitcoin from the US Government at a 10% discount.
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The U.S. government is one of the biggest bitcoin whales
Since 2020, they have taken over 215,000 BTC, which is currently $5.65bn
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Binance temporarily suspends Spot Trading.
Binance has announced that all spot trading is currently temporarily suspended due to an issue impacting spot trading on Binance.
The exchange team works to resolve this as soon as possible.
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Twitter’s press email is now responding to requests from the media with a single poop emoji.
Elon Musk announced the new policy in a tweet on Sunday morning, and Insider promptly tested it.
Twitter’s communications team was among the first groups decimated by rounds of layoffs after Musk took over.
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Balaji Srinivasan, former CTO of Coinbase, said that rising inflation will cause the price of Bitcoin to break $1 million within 90 days.
He bet that if he was wrong he would lose 1 bitcoin and 1 million USD.
PayPal will launch transfers on its Venmo platform for 60 million customers in the U.S. in May.
PayPal is expanding its crypto offerings to Venmo users in the United States, allowing them to transfer digital assets to external wallets and exchanges.
The move comes almost a year after PayPal introduced the ability for users to send supported cryptocurrencies.
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Polygon Labs (MATIC) has partnered with Google Cloud.
▫️Google Cloud will become the strategic cloud provider for Polygon protocols.
▫️Google Cloud will bring Blockchain Node Engine to the Polygon ecosystem.
▫️Optimizing Polygon zkEVM scaling performance with Searce facilitating technical implementation.
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Coinbase Exchange Sues SEC.
Coinbase sues U.S. Securities and Exchange Commission to seek regulatory clarity from SEC for the crypto industry.
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Singapore Court rules that buying and selling Bitcoin without a license is legal.
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Google distributes money to users and gives some up to $1,000 by mistake
⬤ The error resulted from a problem with the "awards" service that the company is testing and was supposed to reach employees and developers.
⬤ The company was not able to recover all the money sent because many quickly spent it once it arrived.
Coinbase CEO says the exchange will integrate the #Bitcoin Lightning Network 🙌
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In a patent application published recently by the U.S. Patent Office, Apple sketched out such a device, a headphone-case-meets-pocket-computer with a touchscreen display and the prerequisite guts for flicking through songs, watching movies, peeping the weather or even navigating somewhere via a mapping app.
Put another way, time is a flat circle and Apple invented the iPod all over again.
Judging by the filing, Apple sought to patent something reminiscent of a teensy iPod Touch or iPod Nano, but with a nook for charging a pair of wireless earbuds. This is only a patent application, which means there’s currently no (zilch! zero!) indication a supercharged AirPods case like this will exist beyond some doodles.
New battery technology allows for four times more energy storage than lithium batteries
⬤ A team of American scientists said it has succeeded in developing a new battery technology that will allow the highest energy storage density for batteries.
⬤ New batteries will store four times more energy than #lithium batteries which are the best in the field today.
⬤ If their economic feasibility is proven, these batteries can revolutionize the world of #electricaltransportation and portable technology.
The Twitter logo changes to the Doge logo.
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BTC dominance and who it dominates
⠀
We realized from yesterday's post about the Greed and Fear Index that a large number of people didn't know what it was. Today we have a post on a similar topic: Bitcoin dominance.
It should come as no surprise to anyone that bitcoin is the dominant crypto-asset, given its years of existence in the market.
When analyzing the market, there are 3 main criteria used:
• Market capitalization.
• Fear and Greed Index
• Bitcoin dominance
BTC dominance is the ratio of the market capitalization of bitcoins to the total market capitalization of the entire cryptocurrency market. It gives an idea of the value of BTC compared to other cryptocurrencies.
What does dominance show?
This index is important for understanding the overall direction of the market. If the index is declining, it means that investors have rushed towards altcoins. This shows their confidence to take risks to find new gems.
If altcoins are actively selling and moving into bitcoin, it means that risk aversion is growing in the market and there is a shift to a more stable cryptocurrency.
Bitcoin dominance indicator is very simple to understand, as it is calculated only from the ratio of two values, but it is very effective.
The lawsuit filed by the US Commodity Futures Trading Commission 🇺🇸 (CFTC) alleges that 300 Binance accounts linked to its CEO breached the company's "insider trading" laws.
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Charging an electric car can be a hassle. But Hyundai envisions a future where drivers won't need to get out of their cars to refuel.
To make that vision a reality, the Korean automaker developed an "automatic charging robot" (ACR) that takes care of the nitty gritty parts of charging for you. It posted a video this week demonstrating the new tech, which looks like a less frightening version of a similar prototype that Tesla showed off way back in 2015.
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Tomorrow the US Federal Reserve 🇺🇸 will announce the interest rate and it is expected that it will be raised by 25 points.
Some economists are calling for a halt to raising interest rates, while the famous billionaire Elon Musk believes that he is responding to the US Federal Reserve's interest rate cut by 50 basis points.
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The leaked images indicate that Microsoft will add a cryptocurrency wallet to its Edge browser.
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