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An increase↗️ in investor interest in exchanges and cryptocurrency services was triggered by the start of the US banking crisis. Meanwhile, banking app downloads dipped.

Traditional financial instruments are steadily declining in terms of public trust🤔. Digital assets, in addition to traditional gold, are once again being seen as alternative and safer assets due to their independence from the established US financial system🏦.

Source: https://tcrn.ch/3LJfOWs

#iCW #iCryptoWorld #Bitcoin #BTC #storeofvalue #crypto
The third month of 2023 saw Bitcoin (BTC) outperform nearly all of the 500 top publicly traded firms in the United States as the cryptocurrency market📈 fought through the financial crisis that has already decimated several major banking institutions🏦.

Source: https://finbold.com/bitcoin-outperforms-97-of-all-sp-500-companies-in-2023/

#iCW #iCWtoken #iCryptoWorld #crypto #cryptocurrencies
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Watch our video from a recent trip to Siberia😊 Our partners from India and Mongolia visited the data center and spent a great time on Baikal lake🌊
Just imagine it was -50 C ❄️ but it was such a warm meeting! 🤗

#iCryptoWorld #iCW #cryptomining #Baikal #Siberia
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The CEO of Galaxy Digital, Mike Novogratz, told investors that he is surprised by the regulatory attention being paid to crypto as compared to AI, which he predicts will lead to a "deep fake" identity crisis.

Blockchain-based apps will also "play a big role" in addressing some of the problems that AI brings.

Source: https://cointelegraph.com/news/the-government-should-fear-ai-not-crypto-galaxy-digital-ceo

#iCW #iCryptoWorld #crypto #cryptocurrency #cryptonews
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PostFinance, one of Switzerland’s leading financial institutions and largest retail banks, partners with Sygnum, the world’s first digital asset bank, to offer its customers a range of regulated digital asset banking services.

PostFinance’s move into crypto comes in response to a growing demand from its customers, the bank’s chief investment officer Philipp Merkt noted, stating:

“Digital assets have become an integral part of the financial world, and our customers want access to this market at PostFinance, their trusted principal bank.”

https://cointelegraph.com/news/swiss-state-owned-bank-postfinance-to-offer-bitcoin-trading

#bitcoin #cryptocurrency #PostFinance #crypto
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You might have heard the term ReFi (or Regenerative Finance) and you’ve probably wondered: what actually is ReFi?

The concept of Regenerative Finance or ReFi, was born in 2015, when the economist John Fullerton coined the term Regenerative Capitalism in a document that outlines the principles that could underpin a new economic system. John Fullerton described “regenerative economics” as a type of economic design that maximizes value to communities by
regenerating what has been lost,
conserving what remains and
ensuring long-term financial prosperity.

The ReFi concept is a direction of decentralized finance (DeFi) that reflects a financial system that prioritizes the health and resilience of ecosystems🌿, communities🤝, and the planet over monetary gain.

#ReFi #DeFi #iCryptoWorld #iCWtoken
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With three years of strict quarantine behind, it's great to see an exciting event for the crypto and Web3 community in Hong Kong -
⚡️Web3 Festival 2023 ⚡️ (April, 12-15).

More than 10,000 attendees and 300 industry leaders, project founders, investors, regulators and experts from around the world expected to attend the event. Experts in the crypto and Web3 space give talks on the latest trends and developments in the industry, providing valuable insights into the future of this rapidly evolving field.

iCryptoWorld CEO Aldar Rabdanov is attending the Hong Kong Web3 Festival 2023, meeting with partners from Asia; it's a great opportunity to establish new contacts and expand professional network.
Hong Kong is indeed one of the most important business centers in Asia, and it's no surprise that iCryptoWorld has been registered there for 4 years 👍.

#WEB3Festival #HongKong #Web3 #iCryptoWorld #iCW #digitalasset #crypto
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The environmental impact of mining and the idea of sustainable Bitcoin received significant attention at the recent Web3 Festival held in Hong Kong.
During the festival, Aldar Rabdanov, the CEO of iCryptoWorld, engaged with experts in this area, held business meetings, and established plans for future cooperation. 🙌

iCryptoWorld places significant importance on environmental sustainability. The company's data centers are powered by "green" hydroelectricity.
iCryptoWorld actively participates in and supports tree planting efforts.
A part of its mined cryptocurrency is invested in eco-projects and activities aimed at preserving Lake Baikal, as well as various environmental protection initiatives in regions globally. 🌍

#iCryptoWorld #iCWtoken #web3festival #sustainablebitcoin #gogreen #bitcoin
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The rise of fungible tokens on the Bitcoin blockchain has brought about the introduction of the BRC-20 token standard, which is specifically designed for use with Bitcoin. Due to their interchangeability and equal worth, fungible tokens have significantly increased in popularity in the world of cryptocurrencies.
The emergence of fungible token standards like BRC-20 plays a vital role in the advancement of the Bitcoin blockchain. These standards open up avenues for tokenization and the creation of digital assets, expanding the range of possibilities beyond Bitcoin's role as a digital currency.

Source: https://cointelegraph.com/learn/what-is-a-brc-20-token-standard-an-overview

#Bitcoin #BRC20 #token
Hong Kong and the United Arab Emirates’ (UAE) central banks are looking to collaborate on cryptocurrency regulations and financial technology development.
On May 30, the Hong Kong Monetary Authority (HKMA) said it met with its counterparts at the Central Bank of the United Arab Emirates (CBUAE), with the two agreeing to “strengthen cooperation” on “virtual asset regulations and developments.”

https://cointelegraph.com/news/hong-kong-uae-central-banks-collab-crypto-rules

#cryptocurrency #icryptoworld
Well, during the negative news - someone has time to take advantage of the situation and buys cheaper crypto assets📉

Cathie Wood's Ark Invest bought more Coinbase shares on Tuesday — the same day the crypto exchange operator was sued by the United States Securities and Exchange Commission, causing its stock to decline sharply.
Together, the purchases were worth $21.64 million, based on the stock's closing price of roughly $52 on Tuesday.

Source: https://www.theblock.co/post/233412/cathie-wood-ark-buy-coinbase-lawsuit?utm_source=news.xml&utm_medium=social

#crypto #coinbase #cryptocurrency
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