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Michael Saylor: Bitcoin is the Best-Performing Asset

MicroStrategy CEO Michael Saylor explained on CNBC why Bitcoin is the best asset. Saylor said today is the best time to buy Bitcoin amid the crypto meltdown. Bitcoin is currently trading at $21,105.83, down 0.05% over the last 24 hours according to CoinMarketCap. MicroStrategy CEO Michael Saylor talked about Bitcoin on CNBC news telecast Wednesday amid crypto meltdown, explained why it is the best-performing asset compared to gold and other investments. He emphasized why he thinks that Bitcoin will out-perform other assets. Saylor claims Bitcoin is the ‘first and the only legitimate scarcity’ in the universe.  In August 2020, his

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Binance Opens 2000 Positions Amid Industry-wide Downsizing

Binance’s CEO Changpeng Zhao shared to his 6.4M Twitter followers about the company’s 2,000 open positions amid market crash. The company was hiring despite vast layoffs from other industries and firms. Zhao said the company is now preparing for the next bull market. Leading cryptocurrency exchange Binance braggingly announced that the company is hiring 2,000 new employees amidst the ongoing crypto market crash. Changpeng Zhao, the founder and CEO of Binance, confirmed on Wednesday the company’s massive hiring despite the multiple layoffs from other crypto exchanges. However, the top executive didn’t provide details about what positions are available. BInance’s action was

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P2E NFT Bird World Launches on Binance NFT
P2E NFT Bird World Launches on Binance NFT today

Bird World NFTs will be available at the NFT marketplace of Binance today. Each mystery box that contains the NFTs will be sold for 500 BUSD a piece.  The NFTs will be used for its upcoming GameFi and metaverse game. Bird World, the first NFT bird game based on the BNB Chain network blockchain, announced via Twitter the launch of its NFT collection today on Binance NFT marketplace at around 5:00 am UTC. The problem of most “play-to-earn” games on the market today is that they focus on the revenue side rather than the overall gameplay, matches aren’t always fair,

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Think-Tank Infrawatch PH Request To Suspend and Ban Binance PH

Think-tank Infrawatch PH wrote to the central bank of the Philippines to suspend and ban Binance. The think-tank agency stated that the request was due to the exchange’s action to operate without Virtual Asset Services Provider (VASP) license. Last week, Binance said the company is processing its VASP and EMI license in the country. Think-tank Infrawatch PH wrote to Banko Sentral ng Pilipinas, central bank of the Philippines, on Wednesday asking to “suspend and ban” the leading crypto exchange Binance for operating in the country in the absence of a Virtual Asset Services Provider (VASP) license. The letter’s opening as

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BSC, Animoca Brands Launch $200M NFT Gaming Fund
Bill Gates: Crypto and NFTs Are “100% Based on Greater Fool Theory”

Microsoft co-founder Bill Gates thinks that crypto and NFTs are “100% based on greater fool theory.” Gates jokingly said “digital images of monkeys” will “improve the world immensely.” The billionaire confirmed that he’s not involved in crypto and won’t buy it. Bill Gates, the multi-billionaire Microsoft co-founder, talked about his views in regards to cryptocurrencies and NFTs at TechCrunch talk on climate change Tuesday. Gates, who is currently the fourth-richest person in the world, is not a fan of crypto and NFTs as he categorized both of them as “100% based on greater fool theory.”  The multi-billionaire sarcastically stated that

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SuperRare Joins Vertical Crypto to Launch 3-Day NFT Festival in UK

Vertical Crypto collaborated with SuperRare and Tezos for a 3-day festival for art and culture. This will be the first NFT festival in London that features art, fashion, and music. The event is going to be held at Fabric London from July 6-8 and tickets are now available. SuperRare, a marketplace exclusive for crypto artworks, announced a partnership with Vertical Crypto to present ‘Proof of People’, London’s first captivating 3-day festival for art and culture from July 6th to 8th. The festival will exhibit art, fashion, and music among other things through a metaverse culture and NFT-backed technology perspective. The

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Binance Refugee Crypto Card Helps 70,000 Ukrainian Refugees

Binance launched a Refugee Crypto Card to help displaced Ukrainians.  Almost 70,000 refugees have been issued this card already.  Around 4,000 have got their approval and 1,700 have begun to receive funds. Binance issued crypto cards for its users in the war-torn regions for Ukrainians. In detail, the card allows its holder to receive financial support and make payments. This is one of the many possibilities of crypto that Binance has always promised to deliver.  So far, from late April till Early June, about 70,000 refugees have gotten their Binance Refugee Crypto Card. The card made its debut in April

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Bitcoin Is 9th Most Valuable Asset in the World, Beats META
Multi-Billionaire Ricardo Salinas to Buy More Bitcoin Amid Crypto Crash

Multi-billionaire Ricardo Salinas Pliego is buying more Bitcoin despite the market crash. He stated that the crash was painful, yet he’ll regret not buying at this price. The current price of Bitcoin is at $22,381.46. Ricardo Salinas Pliego, the chairman and CEO of Salinas Group, shared to Twitter his views about the current Bitcoin crash. Noting that he’ll regret not buying more at Bitcoin’s current price. I’m not sure what hurts more the nose surgery or the #Bitcoin crash 😂😆. I do know that in a couple of days my breathing will be much better than before… About the bitcoin

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Surveys Hint at Speedy Crypto Recovery, Investors on the Rise

A Bank of America survey says over 91% plan to buy crypto in the next six months.  An IRA survey says 80% want to buy Bitcoin and cryptos for their retirement savings.  These are great signs for a quick crypto market recovery. Despite the current crypto market crash, many are still holding onto their crypto assets. In fact, most are certain the end to the bear market is near and that a bullish future is imminent. According to a Bank of America survey, it seems that over 91% plan to buy crypto in the next six months. Specifically, according to

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Shibnobi’s Shinja BSC Now Listed
Shibnobi’s Shinja BSC Now Listed on ShibnobiSwap and PancakeSwap

Shibnobi announced the listing of Shinja BSC in ShibnobiSwap and PancakeSwap. ShibnobiSwap provides token swap services over multiple blockchain networks. The trading volume of Shinja has increased after the announcement. The community-driven token Shibnobi announced today in a tweet the launch of Shinja BSC on its multi-chain swap platform ShibnobiSwap and DeFi exchange PancakeSwap. Shibnobi (Shinja) is an innovative meme token that was launched in November last year. It offers a multi-chain token swap feature in order to reach more crypto enthusiasts.  The main purpose of the token is to make crypto uncomplicated so that every user could leverage its

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Crypto Crash Impacts Crypto Professionals, Layoffs Imminent

Many crypto companies are laying off their employees amid the crypto crash. Some of the most prominent include Coinbase, Robinhood, and Crypto.com. Meanwhile, Binance is hiring more employees to gear up for the bullish future. Many crypto-centric companies have announced multiple layoffs amid the ongoing crypto market crash. This is upsetting as all markets seem to be having a tough time. However, the crypto industry seems to be taking the brunt of it.  According to the tweet from Blockworks, seven significant companies have announced layoffs. In detail, BitMex, BlockFi, and Coinbase are laying off 25%, 20%, and 18%, respectively.  Likewise,

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deVere Group CEO Projects Bitcoin Bull Run in Q4

deVere Group CEO Nigel Green predicted Bitcoin will bounce in Q4. Green cited several key reasons for his prediction. Bitcoin’s price has tumbled to $23.9K, down 10% in the last 24 hours. Nigel Green, CEO of deVere Group, claims that the recovery of the leading cryptocurrency Bitcoin is now “underway.” Noting that investors should anticipate a “significant bounce” in the fourth quarter this year.  Established in 2002 by Nigel Green, deVere Group is one of the world’s leading financial advisory organizations that claim to provide high-class professional advice to its clients and investors. According to Green’s prediction, the price recovery

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