Danal’s Commerce Division To Allow Cryptocurrency Payment For BMWs

 Danal, a South Korean based Fintech company, has launched a new feature through its commerce Division that will enable luxury Carline BMWs to be bought with its native cryptocurrency token Paycoin(PCI). The Fintech company has partnered with Samchully Motors, a native motors dealership that focuses on BMW vehicle sales. The announcement that came after the…

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Indians Can Now Buy, Sell and HODL DOGE and SHIB On India’s Unocoin

Unocoin, India’s leading exchange platform, has included comprehensive trading options for Shiba Inu and Dogecoin meme coins. This revelation came from an announcement during the company’s press release on Monday. Unocoin’s extensive customer base will now be able to access trade options that pair the Dogecoin against India’s Fiat currency, the rupee. There is no…

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Dogecoin Is More Popular Among Investors Than Ethereum, According To A New Study

In a recent post, Grayscale Investments, a trusted expert in the digital currency investing and cryptocurrency market, stated that meme coin DOGE has greater exposure in the investing community than Ethereum. The New York-based company is a subsidiary of Digital Currency Group that provides insight and investment exposure to the digital currency asset class. Through…

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Russia will Permit Foreign Residents to Use and Own the Digital Ruble

The central bank of Russia will ensure that the digital ruble they are developing will be available for use by non-residents and would also be convertible into digital currencies. The regulator has reiterated its concerns about the risks pertaining to currencies in a document that’s aimed at digitalizing the Russian financial sector and said that…

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Shiba Inu (SHIB) Eyes 30% Surge as Bulls Battle Last Obstacle

Briefly – Shiba Inu seems to prepare a 30% upswing as the meme coin approaches a critical resistance line. Rising past $0.00003520 might see an impressive upward release for the coin. However, SHIB should battle multiple hurdles before reaching its bullish target. Shiba Inu’s (SHIB) price has displayed few clues on its directional intentions as…

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Blockchain Intelligence Firm, Chainalysis To Launch Support Portal For Lighting Network’s L2 Protocol

Blockchain data intelligence outlet, Chainalysis, will integrate a support platform for L2 Lightning protocol, in its framework for Bitcoin leveraged blockchain network, early next year. In its press release earlier today, Chainalysis has announced to the general public that it aims to leverage L2 lightning Network protocol for its next round of system upgrades, which…

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Analyzing Major Reasons Giving Rise to Value of DeFiChain (DFI)

The value of DFI is surging exponentially, particularly within the last 14 days, and statistics suggest that it will continue to improve further even after gaining value gains above 60%. For the technology of “distributed ledgers”, Decentralized Finance (DeFi) sector has been providing a very distinct usage called “DeFiChain (DFI)”. Because of this distinct usability…

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Polygon Purchases Zero Knowledge Solution Firm, Mir In MATIC Tokens

Polygon Technologies has announced its purchase of Mir for $400 million in MATIC tokens. Mir, a scaling solutions firm focused on solving the zero-knowledge conundrum, has changed hands, according to Polygon’s announcement on Thursday, December 9. The L2 scaling protocol Polygon revealed during its zero knowledge virtual conference that it has purchased Mir, for a…

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Shiba Inu, EOS, XRP Price Analysis – December 9

As the crypto market remained calm, several digital coins flashed lucrative recovery signals. XRP recorded a double-digit gain within the last 24 hours after the alt crossed 38.2% FIB level. On the other part, EOS witnessed corrections as bulls struggled. Meanwhile, SHIB presents a brief bearish outlook. Ripple (XRP) XRP crossed 38.2% FIB hurdles after…

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ARCHA, MINECRAFT, and EFloki Demonstrating Highest Gains in Past 24-hours

ArchAngel Token (ARCHA) is one of the latest community-driven tokens that have been launched into the cryptocurrency sector. These tokens are expected to grow tremendously big in the upcoming months. The developers at ArchAngel Token already have the roadmap set out for them. They also have a plan for how they would incorporate their ARCHA…

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China Applauded For Banning Crypto by a Person Who Declared Bitcoin Is “Rat Poison”

Charlie Munger has once suggested that Bitcoin is a “rat poison” and therefore people should keep their distance from it. He is now applauding the action taken by China against cryptocurrencies at its domestic level in which China has now completely separated itself from privately issued cryptocurrencies as well as their mining. It was expected…

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Bitcoin (BTC) Struggles at $50.5K; A Move Past $51.5K Would Trigger Breakout

After Tuesday’s mixed sessions, Bitcoin requires a move past $51,500 to expose levels past $53,000. In this Bitcoin’s technical analysis, we will evaluate price actions from yesterday and today, Fibonacci’s, pivot levels, resistance, and support. Moreover, we will explore the global market moves and any vital market drivers. Bitcoin’s Yesterday Price Moves Bitcoin (BTC/USD) surged…

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Russia’s Largest Bank, Sberbank Faces Set Backs Registering Its Digital Asset Platform

Sberbank, a Russia State-owned bank is trying to roll out  its decentralized digital asset and tools issuance platform, but has repeatedly failed to obtain regulatory approval. Sberbank of Russia is Russia’s largest bank and a leading global financial institution. The bank is seemingly finding it difficult to secure a viable license and get regulatory approval…

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Dogecoin (DOGE) to Surge 25% amid Capital Inflows – Price Analysis

Dogecoin price grapples with trading range’s midpoint near $0.178, targeting further upsurges. Investors may expect the meme coin to overcome the barrier at $0.197 before running towards the $0.22 obstacle. On-chain metrics display bullishness as they flash high networth individuals entering at the current price levels. Dogecoin has its price attempting to rise past the…

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CRE8, PIST, DLANA, and more Newly-Listed Cryptocurrencies with Worst Performances

The data from one of the major on-chain data analyzing firms suggest that among the newly-listed cryptocurrencies, the worst-performing cryptocurrency is Creaticles (CRE8). The data acquired through the platform suggests that the Ethereum blockchain-listed NFT token has experienced a 56.20% plunge in the past 24-hours. Moving further, the price for CRE8 has plummeted by 40.17%…

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