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Will Apple present NFT trading cards at next week’s developer event?

Judging by its history, Apple is known for having a knack for making a surprise. Thanks to an update shared by the tech giant, the NFT community believes there is a good chance of getting into web 3.0 with Apple NFT cards.

Speculation started after Apple revealed cool Memoji-like characters on its latest event page. The World Developers Conference 2022 annual marketing campaign features some cool NFT-like characters.

As a result, the cryptographic community on Twitter is hopeful with Apple’s entry into web 3.0. “Apple may release NFT business cards,” said one enthusiast.

Adding to this speculation was a claim by MacRumors that clicking on Memoji characters could reveal an augmented reality mode with three collectible card characters.

Apple well positioned for Ace Web 3.0

While the company has yet to officially confirm the claims, breaking into the NFT space is likely not going to be much of a challenge. Apple has already worked on developing a mixed reality headset with VR and AR capabilities. This makes things even easier for Apple, which has been hard at work in the Memoji segment for the past few years.

Furthermore, the Apple CEO revealed his interest in the cryptocurrency space last year. In fact, he said that he personally invested in cryptocurrencies. He also commented on Apple’s NFT plans.

"NFTs are interesting, but it will take time to develop in a way that is for the average person."

However, Cook did not comment on Apple’s cryptocurrency investment plans. He clarified that there are no immediate plans to launch cryptocurrency-related offerings. Additionally, Cook revealed at the time that there may be different things Apple is looking into in space.

Apple’s Worldwide Developers Conference will take place virtually from June 6-10. The event could lead to the revelation of new developments in a number of Apple products. New devices and software models like iPadOS 15, MacOS Monterey, watchOS 8 and iOS 15 may emerge.

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Caribbean Islands, Dubai, Mumbai: Bitcoin Cash Adoption Continues to Grow Worldwide

Bitcoin Cash supporters have been known to spread adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption in the Caribbean islands, along with places like Dubai and Mumbai.

Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Cryptocurrency Adoption

According to the map.bitcoin.com website, there are thousands of merchants around the world that accept bitcoin cash (BCH) for goods and services. Additionally, if one visits the r/btc Reddit forum, one will notice a plethora of posts highlighting adoption in places like Dubai, Mumbai, St. Kitts and Nevis, and St. Marten.

Bitcoin.com News previously reported on St. Maarten, Rolando Brison, revealing that he requested that his entire salary be converted into bitcoin cash. Map.bitcoin.com indicates that there are more than 160 merchants that accept BCH in the region.

Bitcoin Cash is now accepted by the Caribeeats platform (caribeeats.com) and BCH can be used to deliver food and groceries to more than 15 different countries. Caribeeats serves regions such as Barbados, Dominica, Grenada, USA, Jamaica, Montserrat, St. Saint Kitts, St. Lucia and much more.

Starting today, https://t.co/jo5L9YGhz9 accepts #BitcoinCash! Try it today in #Antigua #BVI #Barbados #Bahamas #Caribbean #Grenada #GUYANA #London #Trinidad #USA https://t.co/K8GOsZM66j pic.twitter.com/SQxZRcVPAp

— Roger Ver (@rogerkver) May 28, 2022

Numerous Reddit and map.bitcoin.com posts reveal that BCH is beginning to make a presence in Dubai at establishments such as Masala Mantra, Tandoori Junction, Great Wok, Bermuda Diving Center, X Factor Restaurant, Franck Muller Middle East and India, Perfetto Pizzeria and Business Town.

Similarly, BCH adoption is also taking place in India’s de facto financial hub, Mumbai. In mid-April, Hosanna House Montessori School, an all-boys school located in Mumbai, announced that it had become the first Montessori school in India to accept BCH.

On June 2, the Nahar Medical Center revealed that it has become the first medical center in India to accept bitcoin cash. In Mumbai, BCH is also accepted at Jayant, Paramount Sports n Nutrition, Vig Refreshments, Super Waves, Copa, and Haute Dog Pet Salon & Boutique Store.

Bitcoin Cash has been gaining significant adoption in the twin-island Caribbean nation of St. Kitts and Nevis, as the region has a total of 159 merchants accepting BCH, according to map.bitcoin.com. Last month, Club Dubai in St. Kitts revealed that it accepts bitcoin cash (BCH) payments, and Kentucky Fried Chicken (KFC) in St. Kitts adopted BCH.

Bitcoin cash is also accepted at Burger King St. Kitts and the Panda supermarket on the island accept BCH. in St. Kitts, the crypto is also accepted at Sun Island Clothes, Karma Asian Cuisine, Econo Retail Shop, and Oracle Martial Arts Academy.

Merchants that accept bitcoin cash are prominent in several other regions of the world, including Anguilla, Antigua, Japan, Venezuela, Slovenia, Australia, Philippines, Vietnam, Ghana, Zimbabwe, Argentina, and more. Additionally, a good portion of businesses that accept BCH for payments accept the digital currency directly, rather than using a third party or payment processor.

Businesses that accept cryptocurrencies can be found at map.bitcoin.com, but BCH users can also take advantage of the Green Pages and Acceptbitcoin.cash websites to view physical and online merchants that accept peer-to-peer cryptocurrency assets.

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Fidelity Lets Customers Fund Their 401K With Cryptocurrencies

Not long ago, Fidelity Investments announced that clients would be able to invest in cryptocurrencies like bitcoin through their 401K and retirement accounts. Additionally, several companies offering 401Ks to their employees could soon see these individuals buying assets like BTC, ether, and perhaps even Dogecoin through their company-funded retirement profiles.

Fidelity advances with encryption

The news was very well received in the crypto space, with many analysts saying it would be a big step towards mainstream status and legitimacy. Financial advisor Ric Edelman, founder of the Digital Assets Council of Financial Professionals, announced in a statement:

This will be remembered as a pivotal moment in the evolution of cryptocurrencies. For the average American worker, their only place to save for retirement is through a company retirement plan. Millions of workers will now start buying bitcoins they would never have otherwise.

However, while Fidelity appears to be implementing various cryptocurrency retention options for its 401K customers, there are a number of individuals and industry leaders who claim that companies are unlikely to use or implement cryptocurrency withdrawal options for employees. Therefore, people who gain access to 401K Fidelity accounts through their companies may not yet have access to bitcoin or its altcoin cousins.

The fact is that it is still a very speculative industry, and many companies are concerned about the well-being of their workers. They don’t want them to pour money into a space that could end up scraping the bottom of the financial barrel the next day. Bitcoin and many other forms of cryptocurrency remain highly volatile, meaning their prices are extremely difficult to predict. These changes come with little to no signal and therefore companies may not want to take the risk right away.

Now, several retirement professionals are emerging to say that if one is really going to fund their retirement accounts with cryptocurrencies through Fidelity, one should take the necessary precautions and expect a little up and down behavior from time to time. . One such figure is Rob Greenman, a financial advisor at Vista Capital Partners. He commented:

Returns are based purely on speculation in the hope that some future buyer will be willing to pay a higher price than the purchase price.

What makes investing in cryptocurrencies risky during retirement is that these funds are most often used to take care of yourself when you are elderly or sick. Therefore, this money is often set aside for medical bills and utility payments, especially when you are no longer of working age.

Crypto can balance some things

Financial advisor Jim Shagawat of Advice Period also did his part, saying about cryptocurrencies:

They don't behave in the same way as stocks, bonds, gold or commodities, so adding them to your investment mix can increase return and reduce risk.
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Elon Musk Hints Tesla Will Accept BTC Again Soon

Elon Musk, the South African billionaire and businessman behind big companies like SpaceX and Tesla, has hinted that the latter company may once again accept bitcoin for payments in the future, given his confidence that the entire industry is moving towards renewable energy.

Elon Musk illuminates the use of BTC

Musk caused a lot of controversy in the first half of 2021 when he announced that his company would accept bitcoin for electric vehicles. The move caused a lot of speculation and joy among crypto traders, as Tesla was one of the largest companies in the world and Musk was one of the richest people in the world. The fact that he was a fan of cryptocurrencies was affecting many digital traders, and they were sure that Bitcoin would probably reach new heights.

At first, that is exactly what happened. Bitcoin surged to $57,000, which was its new all-time high at the time. Things were really looking up when suddenly, just a few weeks later, Musk announced that he was rescinding the decision because he was concerned about the prospects of bitcoin mining and what the environmental risks were.

This drove a lot of people crazy and reportedly triggered a new series of drops in the price of bitcoin. Explaining his reasoning in a recent interview with ARK Invest’s Cathie Wood, Musk stated:

Tesla's mission is to accelerate renewable energy. Tesla is interested in renewable energy, it works on solar energy and we interact with wind energy for our batteries. We knew that you can't generate that much power surge using renewable energy that quickly, but you can if you mine coal. The whole thing seemed incomplete to me.

He recalls that the announcement about using bitcoin to buy Tesla vehicles came after Musk made a $1.5 billion purchase of the world’s largest and most popular digital currency.

Musk is now confident that the bitcoin world is increasingly switching to renewable energy. In a follow-up to the previous interview, he commented that he believes the amount of clean energy used to mine BTC today is over 50%, and as long as that number continues to rise, he says that Tesla will easily accept BTC again without a problem.

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Crypto Exchange Coinbase Reveals New DApp Wallet and Browser for Ethereum (ETH) Network

US-based cryptocurrency trading platform Coinbase is launching new ways for users to access decentralized applications (DApps) in the Ethereum (ETH) ecosystem.

The cryptocurrency exchange says it is launching a new DApp wallet and browser that will allow users to purchase digital collectibles, trade crypto assets on decentralized exchanges, and participate in decentralized finance (DeFi).

The new Ethereum-based wallet and DApp browser will be directly accessed from the Coinbase app and will initially be available to a limited number of US users. The DApp wallet and browser will also initially be available on the Android mobile operating system.

“We will launch the ability for a small set of Coinbase app users to access Ethereum-based DApps directly from the Coinbase app. This includes buying NFTs [non-fungible tokens] on marketplaces like Coinbase NFT and OpenSea, trading on decentralized exchanges like Uniswap and Sushiswap, and borrowing, lending or trading on DeFi platforms like Compound and Curve.”

According to Coinbase, interest in DApps and the third generation of the internet, or Web 3.0, skyrocketed with the total value locked in Ethereum-based DeFi protocols exceeding $110 billion, while token sales did not. Fungibles (NFTs) topped the US$30 billion. in the last 12 months.

One of the features of the new Coinbase DApps is an improved recovery process in case of loss of access to a device.

“With today’s release, users can explore DApps without having to manage a recovery phrase.

This innovative DApp wallet experience is powered by Multi-Party Computation (MPC) technology that allows you to have a dedicated on-chain wallet that Coinbase helps keep secure. This is due to the way this wallet is set up, which allows the ‘key’ to be split between you and Coinbase.

Ultimately, this means that if you lose access to your device, your DApp wallet key will still be safe and Coinbase can help you with recovery through our live support.”