This Report will provide you with some important and quick news of cryptocurrencies that happened around the world.
1) Tom Brady Admits To Being A Huge Supporter Of Ethereum Founder Vitalik Buterin
Mr. Brady continued by thanking Vitalik for his efforts to the crypto-verse, emphasising that the Autograph NFT project would not exist without Vitalik. Additionally, he said that Vitalik Buterin was the G.O.A.T. (Greatest of all time)…[continue reading]
2) This Elon Musk Tweet Has A Hidden DOGE Message
Elon Musk, the CEO of Tesla and a well-known Dogecoin supporter who used to influence the cryptocurrency’s price movements through his social media posts, has taken to Twitter to ponder the instinct for vengeance and whether the biblical method of turning the other cheek to an attacker is appropriate in this situation…[continue reading]
3) First REIT Accepts Shiba Inu ($SHIB) And Dogecoin ($DOGE)
As part of a cooperation with cryptocurrency payment processor BitPay, the first real estate investment trust (REIT) to take cryptocurrencies in exchange for shares has also embraced the meme-inspired coins Shiba Inu ($SHIB) and Dogecoin ($DOGE)…[continue reading]
4) Facebook Sued In Australia For Fraudulent Crypto Adverts
A few weeks ago, Australia’s wealthiest man, Andrew Forrest, was obliged to file criminal complaints against Meta for permitting crypto scam adverts using his name and age. Now, the Australian Competition & Consumer Commission (ACCC) has launched legal action against the parent corporation of Facebook owing to its failure to restrict the spread of such postings on its platform…[continue reading]
While the price of Bitcoin (BTC), the biggest cryptocurrency by market capitalization, is marginally down, competition among those mining it has been increasing since the start of the year and has now hit a new all-time high…[continue reading]
6) India Opposes Crypto And Will Instead Launch A CBDC
The Reserve Bank of India (RBI) has refuted any rumours that the government intends to establish a cryptocurrency that would be controlled by the RBI, instead of focusing on CBDC as a digital counterpart to the rupee…[continue reading]
7) Interest Rates Increased By The Federal Reserve
Earlier today, the Federal Open Market Organization, a major decision-making committee within the Federal Reserve System, finished its March meeting. As predicted, the Fed has taken the decision to increase interest rates by 25 basis points, raising them from near zero to between 0.25 percent and 0.5 percent…[continue reading]
Wallets