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Welcome to the My NEO Group Blog, where curiosity meets insight and innovation sparks conversation. Delve into a world of thought-provoking articles, timely updates, and engaging discussions centered around the dynamic intersection of finance, technology, and cryptocurrency.
Our blog serves as a platform for exploration, where readers can uncover expert insights, stay informed on market trends, and participate in meaningful dialogue. Whether you’re a seasoned investor, a tech enthusiast, or simply curious about the evolving landscape of digital currencies, our blog offers something for everyone.
Rich Men North Of Richmond: A Bitcoin Anthem?
[ad_1] This is an opinion editorial by Spencer Nichols, Product Marketing Associate at Bitcoin Magazine and host of The Cosmic Bitcoin Podcast.Folk music artist Oliver Anthony took the internet by storm with a video of his song “Rich Men North of Richmond,” recorded...
XRP Price Faces Immense Sell Pressure That Could Trigger 20% Decline
[ad_1] Back in July when Judge Analisa Torres first declared XRP programmatic sales do not qualify as securities, the token price had rallied. However, now that the euphoria from the ruling has worn off and the United States Securities and Exchange Commission (SEC)...
Unchained Surges With 170% Growth in Bitcoin Loan Activity During The First Half of 2023
[ad_1] Unchained, a leader in financial services tailored for bitcoin holders, has seen a 170% upsurge in loans backed by bitcoin from the first quarter to the second quarter of 2023, according to a press release sent to Bitcoin Magazine. The company also saw a 88%...
XRP Price Shows Confluence Of Bearish Factors and Could Decline Again
[ad_1] Ripple’s token price is showing bearish signs below $0.580 against the US Dollar. XRP price could start another decline if it trades below $0.480. Ripple’s token price is struggling to recover above $0.550 and $0.580 against the US dollar. The price is now...
Discovering Freedom: A Ride Of Passage With Bitcoiners
[ad_1] This is an opinion editorial by Captain Sidd, a finance writer and explorer of Bitcoin culture.I want to tell you about a personal transformation that I underwent last year while I crossed the U.S., visiting over 30 Bitcoin meetups around the country. In a...
XRP Price Crashes Over 20%, Why Breakdown Looks Real Deal
[ad_1] Ripple’s token price is down over 20% against the US Dollar. XRP price is gaining bearish momentum and might revisit the $0.40 zone. Ripple’s token price is moving lower from the $0.620 resistance against the US dollar. The price is now trading below $0.55 and...
Orange Pill App Secures $250k In Pre-Seed Funding To Shape The Bitcoin Social Layer
[ad_1] Today, Orange Pill App, a social networking app that facilitates real-life connections among Bitcoin enthusiasts, has successfully raised $250,000 in pre-seed funding, according to a press release sent to Bitcoin Magazine. The funding round was led by...
Ethereum Price Rebounds But Here’s Why Upsides Might Be Limited
[ad_1] Ethereum price is attempting a recovery wave from the $1,835 zone against the US Dollar. ETH could start a steady increase if it clears the $1,860 resistance. Ethereum is trading in a range below the $1,860 and $1,880 resistance levels. The price is trading...
Bitcoin Wallet Xverse Secures $5 Million Seed Funding Led by Jump Crypto
[ad_1] Today, Hong Kong-based start up Bitcoin wallet Xverse announced they have successfully closed a $5 million seed funding round, according to a press release sent to Bitcoin Magazine. The round was spearheaded by Jump Crypto, a...
Bitcoin Price Trims Gains But Resistance Turned Support Intact
[ad_1] Bitcoin price started a downside correction from $30,200. BTC is now trading near the previous breakout resistance at $29,400. Bitcoin is correcting gains and trading below the $29,800 level. The price is trading above $29,400 and the 100 hourly Simple moving...
Everything Divided By 7 Million: Popular Bitcoin Price Heuristics Are Missing The Mark
[ad_1] This is an opinion editorial by Bitcoms, a Bitcoin-focused writer and certified accountant. With mainstream financial management titans such as BlackRock, Fidelity and Vanguard all legitimizing BTC as a financial asset via their interest in offering related...
Who Was The Better Performer In H1 2023
[ad_1] A new report has shown investors who held Bitcoin actually outperformed most cryptocurrency funds in the first half of 2023. This is because, between January and June, Bitcoin gained over 80% in value. Crypto funds, on the other hand, on the other hand,...
What Is A Bitcoin ETF?
[ad_1] IntroductionAs interest in bitcoin continues to grow, so does the demand for investment products that provide exposure to companies and funds alike. One such product that has gained significant attention is the Bitcoin Exchange-Traded Fund (ETF).What Is An...
Bitcoin Addresses In Loss Soar To One-Month High Amid Mixed Market Indicators
[ad_1] Bitcoin, the pioneering cryptocurrency, is currently exhibiting mixed market signals, according to the latest data from Glassnode. The analytics firm points out that Bitcoin addresses in loss have reached a one-month high, even as the count of addresses holding...
Financial Firms Should Develop Ecosystems To Upgrade Their Technology
[ad_1] Financial services firms are coming in for some sharp criticism from analysts. In a report HFS released in collaboration with Infosys, opened with: “What is the current market reality? In a word, cluster****, or, more gently, a tale of two cities.” It proposes...
What is Fiat Money? History, Pros & Cons
[ad_1] IntroductionDefining Fiat MoneyFiat money is tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The currencies we use for everyday transactions in the modern era are all...
AI Tokens Record Lowest Weekly Volume Since January
[ad_1] AI (artificial intelligence) tokens were one of the most promising assets in the cryptocurrency market at the beginning of 2023. One of the major drivers of this was the launch of ChatGPT – an AI-based chatbot – in late 2022, which propelled some AI-related...
Sazmining Establishes Sustainable Bitcoin Mining Facility In Paraguay
[ad_1] Sazmining, a hosted Bitcoin mining provider committed to 100% renewable energy, has set its sights on South America with the establishment of a new facility in Paraguay. Slated to commence operations on September 15th, the facility takes advantage of Paraguay's...
Tether (USDT)’s Market Cap Reaches A New Peak, Edges Towards $84 Billion Mark
[ad_1] Tether USDT has seen its market cap value reach new highs in the month of July. According to a report by on-chain analytics company Into The Block, the world’s largest stablecoin is steadily approaching the key $84 billion mark. Based on data from DeFiLlama,...
TD Cowen Publishes Bullish Report on Bitcoin And MicroStrategy
[ad_1] Investment banking company, TD Cowen, published a recent report on MicroStrategy and its adoption of Bitcoin, according to documents obtained by Bitcoin Magazine.“MicroStrategy represents a new kind of firm, which generates dollar -based cash flow from...