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Day: March 27, 2022

Queen of Pop Becomes a Metaverse Material Girl — Madonna Buys Bored Ape for $564K

The ‘Queen of Pop,’ Madonna has revealed she has “entered the metaverse” after she acquired the non-fungible token (NFT) collectible Bored Ape #4988. According to onchain data, Madonna’s Bored Ape #4988 was purchased for 180 ether or $564K at the time of settlement. Madonna Says She ‘Finally Entered the Metaverse’ Madonna is the latest celebrity …

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Britain will reveal crypto regulation plans in coming weeks, sources say

KEY POINTS British Finance Minister Rishi Sunak is expected to announce a new regulatory regime for crypto in the coming weeks, sources tell CNBC. The announcement will focus in particular on stablecoins, digital assets that derive their value from existing currencies like the U.S. dollar. The Treasury has been in discussions with a number of …

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Warren Buffett’s Money Compounders: Oracle of Omaha’s top stocks

Often called the Oracle of Omaha, Warren Buffett has been on every Forbes’ richest 400 Americans list, since its inception in 1982. Warren Buffett is known for holding stocks over a long period of time. The ace investor, who purchased his first stock at the young age of 11, has seen this strategy work well …

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BlackRock CEO Believes Russia-Ukraine War in Boosting Crypto Adoption

BlackRock Chairman and Chief Executive Officer Larry Fink has lent his voice to describe the role of digital currencies in the ongoing war between Russia and Ukraine. In a letter to Shareholders on Thursday, Larry criticized Russia’s invasion of Ukraine, noting that it has set back about 30 years of globalization efforts. Of particular note is the …

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Spanish Retailer El Corte Ingles Launches Crypto Exchange in Partnership With Deloitte

El Corte Ingles, one of the biggest retailers and distributors in Spain, has taken its first step into the cryptocurrency world. The company is reportedly launching its own cryptocurrency exchange for customers of its stores. The firm has enrolled the help of Deloitte to build a new platform that will allow its customers to access …

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Biden says Putin ‘cannot remain in power’ in sweeping speech on Russian invasion of Ukraine

KEY POINTS President Joe Biden said Russian leader Vladimir Putin “cannot remain in power” over his invasion of Ukraine. In a sweeping speech in Poland that marked the finale of a three-day trip to Europe, Biden urged democracies around the world to unify and commit to a long fight against authoritarian aggression. President Joe Biden on Saturday …

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BITCOIN GAME THEORY INTENSIFIES: RUSSIA ACCEPTS BITCOIN FOR EXPORTS

News out of Russia indicates the country is open to accepting Bitcoin and other hard assets in exchange for oil and other commodity exports. “Russia is open to accepting bitcoin for its natural resources exports, the chairman of the country’s Congressional energy committee, Pavel Zavalny, said in a press conference on Thursday.” This comes at …

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Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’

ETH price made a clear trend change and aims for the $3,800 level after traders’ anticipation of the upcoming Merge lures the bulls back to the market. The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the Ethereum “merge” on the Kiln testnet has the …

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Leumi to Become 1st Israeli Bank Facilitating Crypto Trade

Bank Leumi’s digital platform Pepper Invest announced that the bank is set to become the first Israeli bank to facilitate cryptocurrency trading – following a partnership with US blockchain firm Paxos, according to a report by Reuters. The announcement also clarified that currently, the new service will only allow customers to buy, hold and sell bitcoin and …

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