Right now, children all across Ukraine are in grave danger due to the ongoing war. With every passing hour, more and more children find themselves in desperate need of care and shelter. Thatโs why we have decided to help them and we are asking for your support. Use ืงืืฉืืจ ืื to make a donation to the โSave the Childrenโ charity fund, and through the end of this month if you include the note, โ99bitcoins.com match for Ukraineโ 99Bitcoins will match your gift up to a total of 1 full bitcoin.
ืืืืืื ืืงืืงืื ืืขืืจืชื ื. ืื ื ืืงืืืื ืฉืชืฉืงืื ืืืฆืืจืฃ ืืืื ื ืขื ืชืจืืื ื ืืืื.
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Experts share their views on bitcoinโs price, Ukraine legalizes crypto and MetaMask and Bored Apes both eyeing their own tokens. These stories and more this week in crypto.
Expertsโ Take on Bitcoinโs Price
In light of recent macroeconomic trends, industry experts have shared their views on bitcoinโs future price.
- ืื ื"ื ืืืงืกื ืืืืืื ืืืืง ื ืืืืืจืืฅ predicts that BTCโs price is going to range between $30-50K this year, but he expects a $500K bitcoin in the next five years as โBitcoin is going viral everywhereโ.
- ืืืืง ืืง'ืืืื, senior commodity strategist at Bloomberg Intelligence ืฉืืืจืจ a bullish report saying it is unlikely for Bitcoin to stop outperforming gold and the stock market amid the FEDโs new rate-hike cycleโ.
- ืืคื ืืืืกื ืกืืื ืืืื ืืืง said he โfeelsโ Bitcoin is going to reach $100,000 based on all the interest crypto has.
- ื ืืจืชืืจ ืืืืก, former CEO of derivatives exchange BitMEX warned investors that should Bitcoin take a more important role as store of value, the price of BTC would ultimately soar to over a million dollars.
Ukraine Legalizes Crypto
As millions in cryptocurrency donations continue to pour in, Ukraine has passed a law to create a legal framework for the cryptocurrency industry in the country. The bill was signed into law by President Zelenskyy, and will allow foreign and Ukrainian cryptocurrency exchanges to operate legally. The new legal status also extends to banks being given the green light to allow crypto services to open accounts.
MetaMask Token Confirmed
The most popular Web3 non-custodial browser, MetaMask will be launching a token. The team will also reportedly launch a decentralized autonomous organization (DAO) for funding the walletโs growth. MetaMask has seen tremendous growth as of late, recently surpassing over 30 million monthly active users. Thatโs an increase of over 40% since November
Elon Musk Will HODL
Tesla and SpaceX CEO, Elon Musk, ืืืื that his companies are seeing significant inflation pressure in terms of โraw materials and logistics.โ Despite the current economic climate, he is urging people to recognize the value in successful companies that produce goods and services. Musk confirmed his cryptocurrency holdings, saying โI still own & wonโt sell my bitcoin, ethereum or doge.โ
Terra to Buy $10 Billion Bitcoin for Treasury
Do Kwon, the founder of the top ten crypto, Terra, has outlined plans to accumulate $10 billion worth of Bitcoin to add to the projectโs stablecoin reserves. Terra is a decentralized blockchain platform that specializes in stablecoin issuance. Kwon said the Bitcoin reserves will open a new monetary era of the Bitcoin standard.
PWC: NFTs to Become Critical to Sports Industry
Business advisory giant PricewaterhouseCoopers said that NFTs are set to become critical pieces of the sports technology infrastructure in the future. In a report titled โSports Outlook 2022โ they described three possible use cases for the assets โ collectibles, gameday and season tickets, and as access tokens to virtual events.
Bored Apes Get a Token
ApeCoin, a token linked to the highly successful Bored Ape Yacht Club NFT project, was released to the open market this week and rose 90% on its second day of trading. ApeCoin was airdropped to Bored Ape NFT holders while those without an NFT could get involved by buying ApeCoin upon its launch.
ืฉืื ืืงืื ืงืจืืคืื ืืืื ืืฉื ื ืืชืืืืช ืืืจืืืืช, ืคืฉืื ืืื ืฉืืืืช ืืืืืื ืขื ืฉื ืืฉืชืืฉ ืืื, ืคืฉืื ืืืืชื ื ืฉืื ื-Unstoppable Domains, ื ืืชื ืืืกืืช ืฉืื ื ืฉื ืืฉืืืข. ืืฉืชืืฉ ืืืืืืื ืื ืฉื NFT ืืืชืืืช URL ืื ืืืชืืืช ืชืฉืืื ืืืืง ืืืืืืช ืืืืืืืืืช ืฉืื. ืงืื ืืช ืฉืื ืขืืฉืื ืืื ืืืืืฉ ืื ืขืืืืช ืชืืืขื ืขื ืงืืฉืืจ ืืืื.
ืื ืื ืฉืงืจื ืืฉืืืข ืืงืจืืคืื, ื ืชืจืื ืืฉืืืข ืืื.
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