Der Stadtrat von Portsmouth hat sich bereits für Blockchain und Krypto geöffnet, weshalb der Bürgermeister der Stadt nun einen weiteren Vorstoß wagt.
Why did Dogecoin (DOGE) price jump 13% today?
Dogecoin jumped by over 13% earlier today to hit a daily high of $0.1406 before slightly pulling back to its current price of $0.1353 though still in the green.
The majority of meme coins including Dogecoin and Shiba Inu have been on the red end over the past couple of months but that seems to have changed with the current general crypto market correction.
In this article, we shall take a keen look at why Dogecoin (DOGE) rising.
Factors currently pushing the price of DOGE up
There are a number of factors contributing to the current rise of DOGE prices.
The main factors include the recent announcement by Bitcoin of America, Ukraine donations, and acceptance of DOGE in the entertainment industry.
Let’s detail some of these factors.
Bitcoin of America announcement
One of the reasons for the current Dogecoin price hike is the recent announcement by Bitcoin of America, a cryptocurrency exchange registered as a money service in the United States Department Treasury. Bitcoin of America said that they will be supporting Dogecoin.
After noting the growing popularity of the Dogecoin community, Bitcoin of America said in a press release that they will allow DOGE to be used in its Bitcoin ATM Machine (BTMs) which are currently over 1800 in different locations of the 31 states in the country.
Dogecoin accepted in Ukraine donations
Another factor that is positively affecting the price of Dogecoin is an earlier report by Ukraine stating that it will be accepting DOGE donations to support its war against Russia.
The move by the Ukraine government threw Dogecoin into the limelight once again pitching it as a worldwide recognized meme coin.
Dogecoin acceptance in the entertainment industry
AMC Theatre, one of the best movie chains in the US, earlier this month allowed Dogecoin to be used as a mode of payment for its tickets.
The post Why did Dogecoin (DOGE) price jump 13% today? appeared first on Coin Journal.
Ethereum-Kurs klettert über 3.000 US-Dollar: Analysten warten auf erneuten Test
Der ETH-Kurs hat es endlich über 3.000 US-Dollar geschafft und könnte zwar weiter nach oben klettern, doch Analysten glauben, dass es zunächst zu einem erneuten Test der niedrigeren Niveaus kommen werde.
BlackRock is considering crypto services for clients amid rising demand, CEO says
BlackRock is the world’s largest asset manager with over $10 trillion in assets under management.
BlackRock CEO Larry Fink says the investment giant is indeed looking at what’s possible with regard to offering digital asset services and investments to its clients.
“As we see increasing interest from our clients, BlackRock is studying digital currencies, stablecoins and the underlying technologies to understand how they can help us serve our clients,” Fink said in a letter published on Thursday.
He also touched on the benefits of digital currencies and digital currency payment systems amid increased exploration in this area by companies and governments.
„A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption„, the BlackRock chief added.
According to him, the use of digital currencies has the potential to cut costs associated with cross-border payments. He mentioned the example of how this can greatly help expatriate workers looking to send money to families across the globe.
‚We serve our clients‘
BlackRock has over $10 trillion in assets under management, and Fink said that the firm only manages the money on behalf of its clients.
“The money we manage belongs to our clients. And to serve them, we work to understand how changes around the world will impact their investment outcomes,” he told shareholders.
The comments related to the Russia-Ukraine war, which Fink said had ended the globalisation seen over the past 30 years or so.
But while he still believes in the concept and benefits of globalisation, including global capital markets, Fink is convinced things have changed as a result of the war. The reaction of companies and governments and what could happen next will have far-reaching ramifications, he added.
According to him, the war adds to the impact of the global pandemic and their impact “will reverberate for decades to come in ways we can’t yet predict.”
The post BlackRock is considering crypto services for clients amid rising demand, CEO says appeared first on Coin Journal.
Bitcoin springt fast auf 43.500 US-Dollar, Pläne von Terra sorgen weiter für Auftrieb
Die Bitcoin-Investitionspläne von Terra nehmen mit einer weiteren Überweisung Gestalt an, was den Markt euphorisiert.