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Americans consistently outnumber their northern neighbors regarding interest in using and investing in cryptocurrencies, according to a recent Ipsos survey. The results show that 24% of Americans would use crypto to purchase goods and services, versus just 18% of Canadians. Underwhelming Canadian Interest As reported by Bloomberg, Americans are also more likely to take advantage of technology in more sophisticated ways. These include avoiding cross-border banking fees (19%; 14%) sending remittances (14%; 11%) and sheltering their wealth from taxes (17%;…

A good example of a cryptocurrency company attempting to increase its profile through professional athletics is Crypto.com's sponsorship of the 2022 FIFA World Cup in Qatar. FIFA and Crypto.com have struck a new deal to promote the exchange inside and outside the World Cup stadiums. As a reminder, the competition will occur in Qatar from November through December. A Few Words about Crypto.com Presently, Crypto.com includes over 10 million users, and more than 4,000 staff spread throughout the Americas, Europe,…

Despite his company’s curious investment decision in February, Warren Buffett remains an absolute disbeliever in Bitcoin. On Saturday, the billionaire investor made clear that he wouldn’t even sacrifice $25 to have all of the Bitcoin in the world. Bitcoin Still Worthless, Says Buffett Warren Buffett made his comments during the Berkshire Hathaway annual shareholder meeting in Omaha, Nebraska. Berkshire shocked crypto investors earlier this year when it put $1 billion into Nubank – a crypto-friendly Brazilian banking organization. This led…

After 8 years of accepting crypto , Wikipedia has elected to bring digital asset donations to a close. The decision should distance the community from any type of implicit cryptocurrency endorsement, alongside its environmental effects. Succumbing to Crypto Controversy The Wikimedia Foundation – a non-profit dedicated to funding Wikipedia – came to its decision through community vote. Over 300 users voted on the ban, with 94 voting against it, and 234 voting in favor. As shared by Wikipedia editor Molly…

For many investors and fans, Ethereum is the most famous altcoin. Since its inception, Ether (ETH) has skyrocketed in value.  Starting at $0.311 in 2015, Ether has risen to about $4,800 late last year, with much volatility all along the way.  The project looks to be nearing a significant overhaul that will add new features and improve old ones. Among the numerous factors the market is watching, the new ETH staking mechanism may be enormous. Ethereum’s Current Issues To grasp…

As part of a $300 million deal, Japanese entertainment conglomerate Square Enix is saying farewell to its Tomb Raider franchise. The popular game developer will now switch its attention to next-gen developments like blockchain, NFTs, and cloud gaming.  Square Enix decision comes on the back of its acquisition by Swedish giant Embracer Group. Embracer Group to Acquire Square Enix Subsidiaries In an official statement, Square Enix revealed a newly concluded agreement with Swedish media holding company Embracer Group AB. Dubbed…

The crypto industry has always had a glaring problem: a persistent issue of gender gap.  However, in 2022, the problem is not so persistent anymore.  Only a few years ago, the entire industry sprawled with men – on exchanges, in crypto communities, online or offline,  and at crypto conferences. As a matter of fact, men held the most crypto wallets, invested the largest sums of money and led (still lead) the most crypto outfits. Tyler Gallager, a Forbes Council member,…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,714 trillion. Bitcoin is down by roughly 4% after a disappointing week. Ethereum lost almost 6% of its value over the past seven days. XRP decreased by nearly 17% this past week. Almost all altcoins are trading in the red with almost no exceptions. The DeFi sector added over $0.5 billion from the Total…

The NFT marketplace and the metaverse are serving art creators all over the world, and offering a novel way for art appreciation. It appears that poets and poetry, in general, are also not alien to this trend.  NFTs Embracing All Forms of Arts Since Everydays sold for  $69 million, “art” became a word that observers easily associated with NFTs. In fact, what mostly comes to mind when “art” and “NFTs” are mentioned in the same breath is visual arts. The…