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Day: November 28, 2021

Tanzanian Central Bank Preparing for CBDC to Ensure Country Is Not Left Behind

Florens Luoga, the governor of the Bank of Tanzania, said the apex bank has kickstarted preparations for a central bank digital currency. He said the bank was doing this to ensure Tanzania is not left behind as other countries adopt digital currencies. Keeping Abreast With Developments on the Continent The Bank of Tanzania (BOT) has …

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Elon Musk urges Tesla employees to reduce cost of vehicle deliveries

KEY POINTS On Friday, Tesla CEO Elon Musk urged employees to focus on “minimizing cost of deliveries,” rather than expediting deliveries of cars to customers to hit end-of-quarter goals. Tesla has generally ramped up deliveries of cars to customers at the end of each quarter. Now, Tesla and other automakers are facing parts shortages, port …

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Retail Giant Newegg Confirms Shiba Inu ‘Coming Soon’ as AMC Theatres Gets Ready to Accept SHIB Payments

A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB support soon, according to AMC Theatres CEO Adam Aron who said his company will start accepting SHIB for payments in the first quarter. …

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Axie Infinity Sells a Genesis Virtual Land Slot for 550 ETH

The most expensive virtual real estate in the Non-Fungible Token (NFT) metaverse has just been sold. According to a Twitter post by Axie Infinity, a blockchain-based gaming protocol, one of the rarest virtual lands dubbed the Genesis Land Plot was sold for 550 ETH worth approximately $2.48 million. The Axie Infinity game is one of its kind …

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The Holy Grail for crypto traders: Consistent average returns over 5%

Over 2,000 data points consistently demonstrate a singular truth: Crypto asset prices tend to increase when this quant algorithm identifies bullish conditions. If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a …

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THE U.S. DOLLAR IMPLOSION: QUESTIONS TO CONSIDER FOR NON-BITCOINERS

One approach to orange pilling no-coiners is to simply draw attention to the various economic uncertainties facing the U.S. Dollar today. November 2021 SUMMARY The purpose of the article is to examine the current state of the U.S. dollar in reference to the average American’s mentality during economic hardship. The article will serve as a …

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