“The data shows despite the instability faced by the lira, local traders are still attracted to the exceptional returns associated with coins such as SHIB,” Strahinja Savic, head of data and analytics at Toronto-based crypto platform FRNT Financial, said in an email. CoinDesk reached out to BTCTurk, one of a handful of local exchanges offering lira-BTC trades for comment, but … [Read more...] about Tether, SHIB Compete With Bitcoin in Inflation-Ridden Turkey as Lira Tumbles
compete
‘Crypto-States’ Will Compete With Corporates in the Metaverse
The rapid experimentation of blockchain-based DAOs as crypto-cities and states is demonstrating innovative ways to link the digital and the physical. Fundamentally, the battle between an open, decentralized, crypto metaverse and a closed, extractive, corporate metaverse comes down to the hardware, as to how people will access digital worlds. Kong Land is an example of a … [Read more...] about ‘Crypto-States’ Will Compete With Corporates in the Metaverse
Former U.S. congressman Ron Paul says legalize Bitcoin and ‘let it compete with dollar’
Ron Paul, former 12-term US Congressman from Texas, warned about the intricacies of the current inflation and the government’s crackdown on crypto in an interview for Kitco News.The former presidential candidate argued his case for the legalization of Bitcoin (BTC), advocating free market and competition, as he warned about the consequences of Federal Reserve (Fed) … [Read more...] about Former U.S. congressman Ron Paul says legalize Bitcoin and ‘let it compete with dollar’
Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin
Bridgewater Associates founder and CEO Ray Dalio says Bitcoin can see traction in the years to come, but that the digital version of Yuan, China’s national fiat currency, could ‘compete’ with it.“I think you are going to see the renminbi become a more significant, a strong currency, stable currency, more attractive-returning currency, and also a more widely used currency in the … [Read more...] about Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin
ConsenSys announces layer-two NFT platform, Palm, to compete with Flow
With a possible billion-dollar nonfungible token drop and a high-powered, multiproject collaboration in the works, the Ethereum ecosystem may finally be ready to compete with NFT-centric blockchain Flow. In a press release today, Ethereum software developer ConsenSys announced Palm, an environmentally friendly NFT scaling solution. Palm will be a sidechain designed to be “fully … [Read more...] about ConsenSys announces layer-two NFT platform, Palm, to compete with Flow