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Currency Pairs
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BTC / USDT
26415.57
26415.57
+0.1615%
+0.1615%
2.65K
70.17M

ETH / USDT
1604.72
1604.72
+0.391%
+0.391%
17.84K
28.59M

USDC / USDT
1.0008
1.0008
+0.01%
+0.01%
22.62M
22.63M

XRP / USDT
0.5002
0.5002
+0.1602%
+0.1602%
15.03M
7.52M

BCH / USDT
233.6
233.6
+1.8309%
+1.8309%
27.12K
6.31M

BUSD / USDT
1.0009
1.0009
+0%
+0%
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4.35M

LINK / USDT
7.69
7.69
+0.5886%
+0.5886%
489.89K
3.76M

LTC / USDT
63.65
63.65
+0.1889%
+0.1889%
28.46K
1.81M

DOGE / USDT
0.06068
0.06068
+0.2313%
+0.2313%
25.27M
1.53M

PAX / USDT
0.9996
0.9996
+0.01%
+0.01%
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979.25K

ADA / USDT
0.2445
0.2445
-0.0818%
-0.0818%
3.13M
765.84K

DAI / USDT
1.0189
1.0189
+0.1278%
+0.1278%
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760.50K

TRX / USDT
0.08563
0.08563
+0.152%
+0.152%
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738.50K

SHIB / USDT
0.00000724
0.00000724
+0.277%
+0.277%
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596.52K

FIL / USDT
3.231
3.231
+0.6229%
+0.6229%
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594.31K

XMR / USDT
147.4
147.4
+0.5457%
+0.5457%
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526.37K

DOT / USDT
4
4
+0.1753%
+0.1753%
123.52K
494.22K

EOS / USDT
0.563
0.563
+0.3565%
+0.3565%
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352.78K

XAU / USDT
1874
1874
-1.4576%
-1.4576%
296.11M
157.70K

MDX / USDT
0.0627
0.0627
+0.32%
+0.32%
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112.91K

YFI / USDT
5180
5180
+0.2516%
+0.2516%
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82.18K

ZEC / USDT
26.2
26.2
+0.4987%
+0.4987%
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49.01K

DASH / USDT
26.48
26.48
+0.3791%
+0.3791%
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43.50K

ETH / BTC
0.06074
0.06074
+0.198%
+0.198%
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50.60

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Bit Cryptocurrencies NewsMore
2022-06-21
NFT NYC: Bored Ape NFT Holder Explains Why Crypto Crash Didn't Prevent Him From
Entering the Web3 Space

This investor bought a Bored Ape NFT for $1,700 in 2021 and plans to HODL. He
explained why the crypto crash didn't stop him from quitting his job and
entering the Web3 space.

Keith Martin bought a Bored Ape NFT for around $1,700 in May 2021, just as the
digital asset was starting to boom.
It's now worth almost 100 times what it was then, he told Insider at the NFT.NYC
conference that he won't be selling anytime soon.
For Martin, the cryptocurrency bear market is not a concern, and he even quit
his job to enter the Web3 space.
Last May, Keith Martin bought his first Bored Ape Yacht Club non-fungible token
for less than $500, and he seems certain to turn it around for a profit given
that the market is just starting to boom.

But that wasn't the case, and Martin lost money on his first trade.

He learned his lesson and quickly bought another for about $1,700 (0.64 ETH),
this time deciding to keep holding it because he was confident in the prospects
of the digital asset market.

Martin, 31, told Insider at the NFT.NYC conference on Monday: "I immediately
bought another Ape at a higher price after I initially sold it because I really
didn't want to miss what could happen next. matter.".

At the time, one Ethereum was worth about $2,700. Today, it’s worth around
$1,111, the victim of this year’s vicious crypto crash. Meanwhile, Martin’s
prized Bored Apes NFT is worth around $111,000 at the current market price.
Insider looked at Martin's NFT transaction receipt.

Martin said: “There weren’t too many projects back then, and now there are 10
new projects every day. A year ago, it seemed like there was a new project every
few days. On Telegram and Twitter, a lot of people said at the time, Bored Ape
is going to be the next CryptoPunks, so I bought one."

Martin, who goes by the Twitter name IllusiveApe, co-founded a marketing company
in 2017. But when he started dabbling in NFTs about a year ago, his passion
turned to digital assets.

In June, he quit his job at the company he helped found and now works for Web3
company Tribe, as his passion for the NFT space has become his main focus.

“I definitely see the crypto space and NFTs as the future, so I think now is the
best time to get involved,” he said.

He added that while he started out as an investor and trader, he is now more of
a collector as he does not plan to sell his favorite NFTs, including the Bored
Ape NFT he originally bought, and his CryptoPunk NFT purchased last May for
about $51,000.

Martin insists that while he does much of the same marketing work for Tribe as
he did for the previous company, the work now is more exciting because he sees
Web3 as the future.

He added that today’s NFTs seem to be only about art and avatars, but they are
underpinned by sophisticated blockchain technology.

“Name your industry and NFTs are going to disrupt it,” Martin said. “Look where
the smartest people have gone, senior developers, anyone in computer science.
The smartest people have entered the field. I feel very optimistic."

Data from NonFungible.com shows that NFTs have grown a lot in 2021, but weekly
sales have fallen by more than 80% from their peak of nearly $1 billion in
January. Meanwhile, the market cap of cryptocurrencies has recently fallen below
$1 trillion after surging above $3 trillion last year.

But even in a bear market, Martin said he plans to keep buying more
cryptocurrencies and collecting more NFTs.


View Details>
PayPal supports digital currency transfers to external wallets
2022-06-08

After launching the ability to buy and sell cryptocurrencies on its platform in
October 2020, PayPal finally allows users to transfer, send and receive digital
assets natively between PayPal and other wallets and exchanges. The feature was
available to select U.S. users as of Tuesday, and will expand to all eligible
U.S. users in the coming weeks. The first supported currencies include Bitcoin
(BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).

Additionally, customers who transfer cryptocurrency to PayPal can spend at
millions of merchant terminals through Checkout. The company has obtained a
Bitlicense issued by the New York Department of Financial Services.

Users just need to log into their account and go to the encrypted section of the
app to start transferring money. Before this process, users usually need to
complete an authentication.

Encrypted transfers to recipients other than PayPal incur network fees based on
their respective blockchains, but transfers between PayPal users do not incur
such fees. To protect users' privacy, PayPal generates a new recipient address
for each user's PayPal account transaction. PayPal also doesn't charge fees for
transfers.

PayPal is also working to integrate other forms of cryptocurrency services, such
as central bank digital currencies, to expand its digital footprint. It is also
exploring the possibility of launching its own stablecoin "PayPal Coin."
Earlier, a developer found evidence of the stablecoin in the source code of
PayPal's iPhone app.


View Details>
Bitcoin surges with cryptocurrencies, bounces back to $31,000
2022-06-06

The price of bitcoin rose on Monday, driving many major currencies in the
cryptocurrency market to rise. Among them, as of press time, Bitcoin
(BitfinexUSD) rose 5.36%, Ethereum rose 5.54%, Dogecoin rose 2.53%, and Cardano
rose nearly 14%.

Meanwhile, bullish bets on bitcoin surged over the weekend, hitting a new
all-time high, according to data from Bitfinex. Analyst Kevin Svenson also
previously wrote that this situation has the potential to bring about an
astonishing surge, as well as a "liquidation disaster."

Recently, Wall Street giant Goldman Sachs also covered the cryptocurrency market
outlook for the first time in its annual insurance survey. In a survey of nearly
328 insurance industry executives, 6 percent of respondents said they have
dabbled in the cryptocurrency market, or are looking to invest in it. However,
the vast majority of insurance company executives said they had “no interest in
investing in cryptocurrencies.”

Mike Siegel, global head of insurance asset management and liquidity at Goldman
Sachs, said: “Our survey is very representative of the general thinking of the
insurance industry, and it seems that cryptocurrencies are not the most popular
choice, they are ranked fifth, second only to private Equity, commodities,
emerging market stocks, etc. Interestingly, though, cryptocurrencies are more
popular than investment options such as corporate loans, traditional bank loans,
financial companies, and debt funds.”


View Details>
Dubai real estate developer Binghatti accepts bitcoin and ethereum payments
2022-06-03

Dubai-based Binghatti Developers will sell properties in cryptocurrency,
becoming the second developer in the emirate to accept this new payment method
this year. "We will be accepting cryptocurrencies - bitcoin and ethereum - for
existing and upcoming projects this week or next week. We are starting with
these two cryptocurrencies because they are the most widely accepted, and we
will later consider whether to expand and add more cryptocurrencies," said
Muhammad Binghatti, chief executive officer of Binghatti Developers.

　　He said the company will protect customers through a specific payment process
so that they are not affected by market fluctuations. He added that payment
links will be sent to customers and updated every ten seconds. Therefore, when a
customer makes a payment using cryptocurrency, the funds will be immediately
transferred to Binghatti's account in legal tender. Binghatti is reported to
have said that the company has no plans to hold cryptocurrencies, All Emirates
said.



In April 2022, Damac Properties, Dubai's largest private developer, also
announced that it would sell properties using cryptocurrencies Bitcoin and Ether
as counterparts in transactions. In the UAE, cryptocurrency adoption is growing
at an exponential rate. Recently, Dubai-based cafe Bake N More and takeaway
startup YallaMarket have also announced that they will accept cryptocurrency as
a payment method.

View Details>
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