Chainlink Supply Held by Top 1% Addresses Hits 3 Year High of 84.44%

The top 1% LINK addresses now hold 84.44% of Chainlink’s total supply This amount, valued at $13.207 Billion, has reached a 3 year high Chainlink has been edged out of the top 10 on Coinmarketcap by digital assets such as Dogecoin, Polkadot, XRP and Cardano The implementation of Chainlink 2.0 will have a positive impact on the value of LINK The top 1% holders of LINK have accumulated 84.44% of Chainlink’s total supply. This amount translates to roughly 353,811,669 LINK tokens valued at  $13.207 Billion using Chainlink’s current value of…

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Coinbase to Become the First Company to Pay WeWork in Cryptocurrency

WeWork has announced it will begin accepting crypto payments  The move is in partnership with BitPay and Coinbase BitPAy will handle the payments with WeWork accepting Bitcoin, Etheruem, USD Coin (USDC) and Paxos (PAX) WeWork will hold the crypto paid for services on its balance sheet Coinbase will become the first company to pay WeWork in crypto The flexible working space company of WeWork has just announced that it will begin accepting payments using select cryptocurrencies. The move by the company is in partnership with BitPay and Coinbase as WeWork…

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Daniele Marinelli – A Success Story Of A Visionary Fintech And Cryptocurrency Entrepreneur

Daniele Marinelli is a 49 years-old entrepreneur of Roman origins who for 23 years has “lent” himself to the most important business groups as an accountant and consultant. A great lover of economics and technology, Daniele Marinelli has succeeded in the difficult task of transforming his greatest passions into a “new” profession, abandoning the helm of the companies he worked for and deciding to take a very unpredictable business, leaping into the dark for investing in the digital future and especially in cryptocurrencies. As we all know, digital coins saw…

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Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin

Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, is back with another bearish prediction for bitcoin’s price. Minerd is also the chairman of Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners. Guggenheim Investments has about $270 billion in total assets under management across…

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Crypto market update

With Bitcoin having reached the price $63,000 recently, crypto currencies are still making headlines. Most famous cryptocurrencies are now currently in a rising trend. Many signs also indicate that this trend will continue. Perhaps the decline in the first quarter of 2020 was all that cryptocurrencies needed to kick off the trend they are in now. The pandemic has hit many assets hard, but perhaps this was necessary to propel a rising trend forward. We will examine some of those trends below. Bitcoin’s price exceeded $60,000 Bitcoin is still in…

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PhoenixDAO Launches Blockchain-based Events dApp

According to Allied Market Research, the online ticketing and event management industry was valued at $1,135.4 billion in 2019 and is expected to reach $1,552.9 billion by 2028, registering a CAGR of 11.2% from 2021 to 2028). People all around the world are enjoying being able to book tickets from the comfort of their homes. With the rising demand in the online event booking industry, multiple ticket booking sites have been established to serve this purpose. However, these sites are prone to censorship and also frequently overcharge for tickets based…

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Nifty News: NFTs for Trump-haters, carbon offsets, fractionalized CryptoPunks and more

Hit Trump where it hurts by buying his Tweets to help out charities, a new scheme to enable NFT purchasers to offset carbon emissions, and get yourself a piece of a Punk. A group of anon uni students has come up with a way to hit former President Donald Trump where it hurts: by using his Tweets against him to raise money for charities they believe he “despises.” ‘Strategic Meme Group Incorporated’ has set up the website Drumpfs.io to sell Trump’s tweets, at least as recorded by the Trump Twitter…

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