Author: Daniel Mulondo

Daniel is an digital entrepreneur and a Blockchain Influencer on the African Content. He is a founding member of Nileone Centre of Excellence, and a Co-founder of Koin Times

Shopify, a leading e-commerce platform that lets websites add storefronts and accept payments, has added support for NFTs, allowing store owners to sell the crypto collectibles directly without relying on an external marketplace. Word of the NFT support comes from Shopify president Harley Finklestein, who tweeted about the news via his personal Twitter account today. He said that the official NFT drop from the NBA’s Chicago Bulls, which was announced late last week, marks one of the first examples of the tech being used by a Shopify partner. He said that the functionality is open to “a select few” Shopify partners “for now,” but to “stay tuned.” https://twitter.com/chicagobulls/status/1418232029230026755?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1418232029230026755%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fdecrypt.co%2F76915%2Fshopify-nft-sales-chicago-bulls…

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In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies. Bank of Russia Worried About Common Investors’ Exposure to Crypto Derivatives Russia’s central banking institution, known as Bank of Russia, has again expressed its misgivings regarding decentralized money. Cryptocurrencies and digital assets are characterized by high volatility, lack of pricing transparency, low liquidity, technological, regulatory and other specific risks, the financial authority said this week, emphasizing: The purchase of…

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Bitcoin price is struggling to gain momentum above USD 33,000.Ethereum is still below USD 2,000, XRP is trading above USD 0.60.MANA, ENJ, and AXS are up by 22% – 36%. Bitcoin price started a decent upward move above the USD 32,200 pivot zone. BTC even climbed above USD 33,000, but it failed to stay above this level and is currently (04:35 UTC) showing bearish signs below USD 32,800. Similarly, most major altcoins are also trying to recover. ETH increased by 5% and it even spiked above the USD 2,000 resistance, before moving lower again. XRP settled above USD 0.600, but…

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Global card giant Visa is expected to announce later this week the approval of the issuance of a physical debit card that will allow Cryptospend app users to spend their cryptocurrencies using existing payment terminals, Cryptospend co-founder and CEO Andrew Grech reportedly said. “It will be the first time cryptocurrencies can be spent using a payments card issued in Australia that runs on the network of one of the international card schemes,” AFR publication reported Wednesday. Launched last October, Cryptospend supports bitcoin, ethereum, litecoin, bitcoin cash, and XRP. Grech detailed: We have a lot of demand for the card. If…

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Save the Children in Rwanda recently became the latest member of the NGO community to endorse cryptocurrencies after it announced the establishment of a partnership agreement with the Cardano Foundation. ADA Donations According to a statement released by parties to the project, this arrangement became possible after Cardano “installed a payment gateway that allows ADA donations to come directly to the project without intermediaries.” Once received, the funds will be “invested in African-based social enterprises with a proven impact on children, families, or youth.” Already, some 22,000 ADA, worth nearly US$30,000, has been donated through the system within hours of…

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The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such “their use on the African continent is not without dangers.” Refusing to Accept Crypto Not a Violation of Legal Provisions According to a report, this parliamentary warning came after the joint committee meeting that was held in Ouagadougou, Burkina Faso. The meeting, according to the report, had been convened to explore “the prospects…

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Popular trader and crypto analyst Lark Davis recently talked about four crypto Assets that he believes are poised to make big gains in the month of July.  Speaking in a recent YouTube video, Davis told subscribers he was bullish on Bitcoin. Davis said Bitcoin was “number one” on his watch list for the month of July and said the crypto Asset was “getting ready for a big move.” However, Davis cautioned followers that Bitcoin’s price movement would likely be steady, rather than occurring in a single explosive rally. As reported by The Daily Hodl, Davis said, At a $650 billion dollar market…

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Bitcoin (BTC) left traders with mixed emotions on June 30 after a push beyond the $37,000 resistance ended in rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wyckoff stresses $32,300 support Data from Cointelegraph Markets Pro and TradingView showed a day of reversal for BTC/USD on Wednesday, with the pair down 4.5% to hit $34,500. After accelerating upward the day before, Bitcoin ran out of steam at $36,630 and began a retracement that erased most of its gains. For popular trader Crypto Ed, even the run higher was lacking in substance, and after the subsequent correction, a bounce was sorely needed to preserve the bull case.…

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As the market limps toward a slight recovery, two cryptocurrencies have pulled out ahead of their peers today: Ethereum (ETH) and Dfinity’s Internet Computer (ICP) token. ETH is worth $2,015, up about 10% on the day, according to crypto metrics platform CoinGecko. It’s the first time the cryptocurrency has risen above $2,000 since Thursday. And ICP, a utility token native to the “internet computer” blockchain developed by Dfinity, rose by 15% today after Goldman Sachs mentioned it in its latest cryptocurrency report. Trading volume more than doubled. Titled “Digital Assets: Beauty Is Not in the Eye of the Beholder,” the…

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PRESS RELEASE. SafeEarth creates access to DeFi and at the same time, helps restore the world’s ecosystem and help humanity through collaborating with the most impactful projects. 25th June 2021, London, England Users of SafeEarth can enjoy the benefits offered by DeFi whilst preserving the delicate balance of the world. Today, the project announces it has successfully issued donations in excess of $200,000 to various user-selected charities and projects that range from cleaning the ocean to enabling access to healthcare and education for children. A staggering amount of positive feedback and goodwill has allowed this company to thrive at what it does best.…

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