Stellar (XLM)-based Akoin will be sole-currency of a multi-billion dollar city in KenyaBTC $7124 (+6.7%) • ETH $172 (+12%) • XRP $0.19 (+4.7%)
Akoin, the cryptocurrency project created by global music star Akon, has secured a deal to become the main currency of the $2 billion technology city in Western Kenya. The Mwale Medical and Technology City (MMTC) is home to over 35,000 people and thousands of businesses, all of which will be using Akon’s Stellar-based cryptocurrency, the company said in a press release shared with CryptoSlate. The grammy-award winning artist and producer Akon has secured a major deal for his cryptocurrency project Akoin which will make it the official currency of a burgeoning tech hub in Kenya. More news ⏬These analysts are confident Ethereum’s price will explode higher due to 3 reasons
Bitcoin’s value proposition, according to many of its investors, is cut and dried: as they say, it’s a scarce, decentralized, borderless, and digital form of money for the world. A new venture studio is aiming to foster the development of the Algorand ecosystem
Eterna and Borderless Capital are joining forces to launch a new initiative that is intended to support developers and entrepreneurs who want to build their decentralized applications on top of the Algorand protocol. Key indicator shows Bitcoin may be on the cusp of entering a bull market
The Bitcoin price action seen throughout 2020 has done little to offer investors insight into its macro outlook, with its intense rise in January and February kindling optimism before this was shattered during the capitulatory decline seen on March 12th – a day that will live in infamy as “Black Thursday.” This key baseline issue could undermine public confidence in crypto stablecoins
Stablecoins account for a rapidly growing sector of the crypto industry and have viewed by many industry-advocates as tools that will ultimately help bridge mainstream finance with the nascent and highly volatile crypto market. Crypto.com survey finds 54% of people would trust a government-issued digital currency
A survey jointly conducted by Crypto.com and The Economist examined the general population’s opinion of cryptocurrencies, finding that 24 percent of respondents believed the main use for cryptocurrencies was “short-term investment.” What else?📈 Data shows retail demand for Bitcoin is rapidly mounting, even after 100% rally 🪂 Analyst: Using model predicting $100,000 Bitcoin to cause FOMO is “irresponsible” 📉 Bitcoin’s network growth is declining; here’s what it means for the bulls 🎢 These Q2 Ethereum trends could have heavy influence over its mid-term outlook Featured event
🗓 April 16-17 • Virtual Event This spring the crypto community will head online to participate in the first-ever BlockDown 2020remote crypto conference and hear from visionary blockchain entrepreneurs and business leaders, including global music artist Akon, Co-Founder & Chairman of Akoin, Roger Ver, Executive Chairman of Bitcoin.com, and Bitcoin Educator Jimmy Song. Learn more Featured sponsors🎬 ChainFlix - ChainFlix is a revolutionary blockchain-based P2P video streaming platform that allows viewers, content creators, and enhancers to monetize their time, contents, and efforts. In the Chainflix platform, coins are to be mined during the video-viewing process, and all participants in the system (content creators and activators, storage providers, viewers, operation participants and advertisers) are organically connected in a way to ensure user-oriented operation and fair distribution of blockchain-based and PoA algorithm-mined coins among the participants. Learn more ☁️ Bitcoin Wallet - Bitcoin Wallet is a cloud-based mobile and desktop cryptocurrency storage and exchange app with a focus on security, speed and convenience. Bitcoin Wallet allows you to use any coins, tokens and blockchains without any restrictions and limits. Learn more 💳 Crypto.com - Founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of ”cryptocurrency in every wallet” into reality, one customer at a time. Learn more 📈 AMFEIX - AMFEIX groups investors' funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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