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Bitcoin [BTC], Ethereum [ETH] and XRP now accepted as donation by UNICEF France

Shahrain KM

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Source: Pixabay

Recently, UNICEF France announced on their official website that they will now accept donations in the form of a host of cryptocurrencies towards the aid of children.

To make the donation, donors can go to UNICEF’s France website and choose from a list 9 cryptocurrency options which include Bitcoin [BTC], Ethereum [ETH], Ripple [XRP],  Bitcoin Cash [BCH], EOS, Stellar Lumens [XLM], Litecoin [LTC], DASH and Monero [XMR].

UNICEF France believes that with this move, the humanitarian agency could attract a new category of donors effectively spreading their area of reach for funding. Sébastien Lyon, the executive director of UNICEF France stated:

“Cryptocurrencies and blockchain technology for charitable purposes offer a new opportunity to appeal to the generosity of the public and continue to develop our actions with children in our country of intervention.”

He further added:

“It is an innovation in terms of solidarity and fundraising that we are still few to propose, but which tends to become more democratic.”

Contributors also have the option to make ‘free’ donations by mining any one of the cryptocurrencies on the UNICEF France electronic wallet.

This isn’t the first time that UNICEF France has broadened its acceptance of forms of funding effectively reaching out to the cryptocurrency community. Earlier in February, the agency had launched Game Chaingers, a fundraiser for the Syrian Children’s program.

UNICEF appealed to miners and cryptocurrency enthusiasts to use the maximum number of PC Graphics Cards by mining cryptocurrency on the Ethereum Blockchain in order to generate funds. Through the fundraiser, donors were no longer required to spend a single Euro in funding as all they had to do was mine cryptocurrencies on the Ethereum blockchain platform.

UNICEF Australia, through a website known as the Hopepage, uses the processing power of donors’ computers to automatically generate funds to save and protect the rights of children.

A Redditor named Davinci7777 commented:



“I’m woke. There are always a few people who give me faith in humanity.”

Another Redditor named Vmozara added:

“Fuck, now we will again get headlines about scam organizations exploiting Monero.”

Thunderosa, a Reddit user said:

 “I read somewhere that only criminals use Monero.”





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Shahrain KM is a writer at AMB Crypto. Her curiosity in Blockchain technology and Cryptocurrencies has led her to be a part of the news reporting team of AMB Crypto. She does not hold value in any cryptocurrencies currently.

Bitcoin

Bitcoin [BTC] is still going to $100,000, claims Heisenberg Capital’s Max Keiser

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'Bitcoin is still going to $100,000', says Max Keiser
Source: Unsplash

CNBC’s Crypto Trader Ran NeuNer, spoke to Max Keiser, Co-founder of Heisenberg Capital on the sidelines of the Magical Crypto Conference and discussed Bitcoin’s current trends.

Keiser said that he was bullish on Bitcoin in the long term, adding that he would be sticking by his “$100,000” prediction for Bitcoin. He stated,

“I never stopped make price prediction… I said it [Bitcoin] was going to a hundred thousand dollars and it was only a dollar and I said that all publicly… it is still going to a hundred thousand dollars”

He added that the timing of when Bitcoin would reach the mark was not important, but that it would outperform every other asset over the next 15 years. Additionally, he said that timing was only for people who were waiting to buy crypto at a better price and “that is a bad way to approach crypto.”

Keiser displayed his enthusiasm for crypto, commenting that, “Stack Satoshis… Stack SATs… you should be stacking SATs.” Giving his opinion on Bitcoin’s recent rally, Keiser said,



“I think that it goes back to when Federal Reserve issued a statement saying that they’re moving the policy to permanent quantitative easing… which means money printing without end. As you know Bitcoin is hard money, like gold, and it is going to respond well to hyperinflation and hyper-money printing.”

Further, Keiser claimed that Bitcoin bottomed when the Federal Reserve announced this a few weeks ago and that this was due to a couple of reasons. The first being Bitcoin’s upcoming halving which highlights the scarcity of Bitcoin. According to Keiser, the second reason was that the sellers were exhausted. All the above reasons, in totality, contributed to Bitcoin’s price rise, claimed Keiser.

Since Bitcoin has already proven itself as a store of value, Keiser remarked that it would be best to concentrate on Lightning Network, a layer-two scalability solution for Bitcoin and improve it as a medium of exchange.





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