BTC Analyst: Bitcoin is Decentralized Gold, it Removes Gold’s Failures

Willy Woo is of the opinion that Bitcoin is decentralized gold He also adds that over time, the gold standard has failed with the subsequent introduction of fiat Traditional gold is also centralized hence Bitcoin removes the failures of Gold Bitcoin’s $30k continues to be the level to watch moving forward Bitcoin’s $20k is the next level of macro support if $30k fails Veteran Bitcoin analyst, Willy Woo, is of the opinion that Bitcoin is not only digital gold but also decentralized gold. Mr. Woo shared his analysis of Bitcoin…

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Ethereum’s London Upgrade is Now Ready for Mainnet Activation

Ethereum’s London Upgrade has had a successful testnet deployment The Ethereum upgrade is now ready for activation on the mainnet The London upgrade will go live on block 12,965,000 expected to occur between August 3rd and 5th of this year A total of 5 EIPs will be implemented including the highly anticipated EIP1559 Bug bounties related to the London Upgrade have been doubled up until the upgrade happens Ethereum’s highly anticipated London Upgrade is now ready for mainnet activation after it was successfully deployed on all three testnets of Ropsten,…

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Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa

Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek to help African blockchain start-ups. Funding for Successful Applicants According to a Swissinfo report, CVVC will fund the best blockchain start-ups “in South Africa, Nigeria, Kenya, Rwanda, Congo and other countries.” The report adds that the initial five successful applicants will each receive $125,000 (CHF114,000) from the incubator while…

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Master-pieces: Swiss bank issuing NFT shares in Picasso painting for $6K each

Swiss digital asset bank Sygnum is issuing NFTs representing fractionalized ownership in a Picasso painting. Digital asset-focused Swiss Bank, Sygnum, has teamed up with art investment firm Artemundi to offer fractionalized ownership shares in a Pablo Picasso painting for $6,000 each. Shares representing ownership over $3.68 million Picasso painting, “Fillette au béret,” will be tokenized and issued via blockchain technology, allowing a wide variety of investors to gain exposure to the artwork. The nonfungible tokens (NFTs) can be exclusively purchased by sophisticated and institutional investors through Sygnum Bank, with secondary…

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