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Top brands have recorded huge success selling NFTs worth $260 million according to data released by Dune Analytics. The brands reportedly include; Gucci, Dolce & Gabbana, Nike, Adidas, and Tiffany, these brands appear to be in pole position to benefit from the hype surrounding the non-fungible tokens sector of the crypto space. For most world […]

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Fake Man Utd token – Following the Tesla CEO’s jokes, Elon Musk, who Tweeted his intentions to buy the Premier League giant club side, Manchester United, a fake token linked to the club side has gained over 3,000% consequently. However, there’s a feasible rally in Memecoins which seemingly has been at the forefront on the […]

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Iran now uses crypto – Following sanctions, the Iranian government has resorted to using cryptocurrency to augment its inability to use foreign currencies to complete inter-trade payments. The country has completed its first import order to the tune of $10m with cryptocurrencies, according to Tasim, a news agency in Iran. Recently, Iran amended its digital […]

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Top crypto assets – Having passed through a major trying phase of its existence, crypto is beginning to find its way into the news again. So far, it has been a big year, and with the look of things it’s only going to get even bigger, however, if you are looking to receive a positive […]

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Naira has been on a free fall for the past weeks and counting, reportedly, the black market goes for as high as above N710/USD. Not the best of times for Africa’s most populous nation’s economy, we are struck on sides by a weak and local currency, which results to; A decline in industrial production Massive […]

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Tesla CEO, an electric car manufacturing outfit, Elon Musk early this year sold out the Bitcoin holdings as held by the company, according Elon, it was a decision taken to further boost the company’s cash position following the effect of COVID-19 lockdowns in China. Having sold a huge holding of the company’s BTC, Elon maintains […]

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Glassnode – Investors who are short term holders as well as “market tourists” are done selling off their Bitcoin holdings, according to a report titled; “The Expulsion of Bitcoin Tourists,” by Glassnode, in this case, long term investors are left holding and transacting crypto assets. This means that the market selloff has come to a […]

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US dollar crushes gold – Bitcoin has hit its lowest lows in recent time, lately, occasioned by a recent violent surge of the U.S dollar on July 5, this seemingly affected gold and other risk assets. A reliable data shows that BTC/USD retreated to $19,281 on Bitstamp to mark the independent day weekend. The pair […]

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90Christiano Ronaldo – Portuguese international and Manchester united star Christiano Ronaldo has signed a partnership on nonfungible token (NFT) with the world leading crypto exchange, Binance. Binance is the largest crypto exchange by market volume and by this partnership looks to introduce soccer fans to the web3 ecosystem through global NFT campaigns. While the collaboration […]

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Elon Musk a Bitcoin enthusiast as well as his companies SpaceX and Tesla Inc., are being sued for whooping $258 billion in damages for engaging in a crypto pyramid scheme allegedly involving meme coin, Dogecoin. The damage being filed for is over 34 times the Dogecoin’s current market capitalization pegged at $7.5 billion and nearly […]

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