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This is Uhive’s very own digital currency. The tokens are built on the Ethereum blockchain to power transactions across the network. You can use the Uhive Token to purchase goods and servic...es inside Uhive.

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WHAT IS THE CONCEPT OF UHIVE TOKEN?
The Uhive Token is a utility token based on ERC-20 Ethereum blockchain, limited in supply and will be utilized in the social network. The token was developed under five years of research and is intended to be the foundation of a fully- sustained economy on the social network.

We are building a comprehensive social network with infinite possibilities for the user, and the token would eventually become the method for exchanging services or buying goods.

During the early stages of Uhive, tokens can be purchased directly from the app and the online account, the tokens will be stored and managed in the internal wallet within the app.

Uhive Token Usage
Buy and reserve spaces. (Learn more)
Buy attraction for your space.
Get paid a share of the revenue your space/s generate.
Advertise.
Get special effects.
Subscribe to certain Free World spaces.
Allow businesses to sell using Uhive Token.
Buy merchandise (in the future).Show more >

Even tho the Market is down by -10%, Cardano does not seem to feel the correction of this cycle.
Pushing up by +2.5% at the time of this post.

It's one of the major coins (by volume) that did not s...uffer correction withdrawals, yet.
That does not mean Cardano is not immune to correction.

Where do you see Cardano in the future?Show more >

Emerald Crypto | Feb 24

Business Intelligence firm MicroStrategy confirmed adding more than a billion dollars worth of Bitcoin to its holdings today. The buy is the second largest known single investme...nt into Bitcoin, behind only Tesla's $1.5B transaction announced February 8th.

MicroStrategy's total Bitcoin holdings now stand at about $4.4B (at the time of this writing), which looks pretty good compared to an investment of $2.17B. CEO Michael Saylor has recently stated that his company is using excess cash to purchase BTC and that they intend to keep doing so. Saylor also won't rule out issuing new debit or equity securities to buy more of the cryptocurrency.

Saylor isn't just embracing the potential financial benefits of Bitcoin but also the underlying internet subculture. Danny Nelson of CoinDesk brings us this gem today:

“Saylor has fully steeped himself in bitcoin’s swirling meme culture. He added laser eyes to his Twitter profile in apparent unity with the #LaserRayUntil100K movement last week. On occasion he trolls gold as an inferior reserve asset. He has shown a penchant for Lord of The Rings content, liking memes in praise of the 'One Coin to Rule Them All' and retweeting videos in which he is Gandalf, leading the Rohirrim into battle against evil, evil fiat."

Meanwhile Point of Sale Solutions provider Square announced a $170M purchase of Bitcoin Tuesday, according to Yahoo! Finance. The company, founded by Twitter CEO Jack Dorsey, had previously purchased $50M worth of BTC in October of 2020. Yesterday's purchase makes Bitcoin about 5 percent of Square's cash and cash equivalents.

Square's press release had this to say:

“Aligned with the company’s purpose, Square believes that cryptocurrency is an instrument of economic empowerment, providing a way for individuals to participate in a global monetary system and secure their own financial future. The investment is part of Square’s ongoing commitment to bitcoin, and the company plans to assess its aggregate investment in bitcoin relative to its other investments on an ongoing basis.”

Square Inc. developed the popular mobile payment service CashApp, which reported over one million first-time Bitcoin buyers in January 2021. CashApp also reports that over three million users used the service to purchase BTC in 2020.

Similarly, in October 2020 online payment giant PayPal began allowing U.S.-based users to purchase four different cryptocurrencies through its platform – Bitcoin, Bitcoin Cash, Ethereum and Litecoin. A similar offering will be available in the U.K. by June of this year.

Services like PayPal and CashApp are tapping into an increasing market driven by what PayPal CFO John Rainey calls 'crypto-curiosity'. More and more consumers are interested in finding out about cryptocurrencies and what they have to offer and payment service providers PayPal and CashApp are providing a point of entry.

Published by Emerald CryptoShow more >

A respected crypto strategist, Kraken’s Pierre Rochard, recently outlined why the world’s flagship crypto asset will see an explosion of corporate interest in the coming year.

In Kraken’s 2021 crypto o...utlook presentation, the crypto expert anticipated that 50% of the top 500 companies in the world would hold Bitcoin in their portfolios by the end of 2021.

"My boldest prediction is that if we take the S&P 500, the world’s largest corporations, I think that by the end of 2021, more than half of them will have Bitcoin on their balance sheet, and I think that will be driven by simple economics, which is that issuing shares to buy Bitcoin causes your stock price to go up more than the dilution."

"And so because that is the case – we have market data showing this – we’re going to see a huge amount of corporate adoption of Bitcoin, and we’ll even see like what [MicroStrategy CEO] Michael Saylor is doing, corporations issuing large quantities of bonds, fixed-income instruments – whether they’re convertible or whatever – in order to just bulk buy Bitcoin.”

The crypto strategist’s prediction seems to be already playing out, as business intelligence firm, MicroStrategy, has of late been in a buying spree of Bitcoins, coupled with leading payments giant Square’s massive Bitcoin purchase few months ago.

Recall that some months back, Nairametrics revealed how a publicly traded company, MicroStrategy based in the world’s largest economy, adopted Bitcoin as a treasury reserve asset to hedge against fiat inflation. This is a big deal, as BTC is being used as intended – a hard money/savings instrument.

Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” said Michael J. Saylor, CEO, MicroStrategy Incorporated.

“This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash,” he added.

Bottom line

It is critical to note that as global financial regulators begin to implement their regulatory framework, supporting cryptos like Bitcoin, it becomes a matter of months for global brands to increase their buying pressures on Bitcoin. The present price surely looks like a discount when considering those variables.Show more >

A respected crypto strategist, Kraken’s Pierre Rochard, recently outlined why the world’s flagship crypto asset will see an explosion of corporate interest in the coming year.

In Kraken’s 2021 crypto o...utlook presentation, the crypto expert anticipated that 50% of the top 500 companies in the world would hold Bitcoin in their portfolios by the end of 2021.

"My boldest prediction is that if we take the S&P 500, the world’s largest corporations, I think that by the end of 2021, more than half of them will have Bitcoin on their balance sheet, and I think that will be driven by simple economics, which is that issuing shares to buy Bitcoin causes your stock price to go up more than the dilution."

"And so because that is the case – we have market data showing this – we’re going to see a huge amount of corporate adoption of Bitcoin, and we’ll even see like what [MicroStrategy CEO] Michael Saylor is doing, corporations issuing large quantities of bonds, fixed-income instruments – whether they’re convertible or whatever – in order to just bulk buy Bitcoin.”

The crypto strategist’s prediction seems to be already playing out, as business intelligence firm, MicroStrategy, has of late been in a buying spree of Bitcoins, coupled with leading payments giant Square’s massive Bitcoin purchase few months ago.

Recall that some months back, Nairametrics revealed how a publicly traded company, MicroStrategy based in the world’s largest economy, adopted Bitcoin as a treasury reserve asset to hedge against fiat inflation. This is a big deal, as BTC is being used as intended – a hard money/savings instrument.

Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” said Michael J. Saylor, CEO, MicroStrategy Incorporated.

“This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash,” he added.

Bottom line

It is critical to note that as global financial regulators begin to implement their regulatory framework, supporting cryptos like Bitcoin, it becomes a matter of months for global brands to increase their buying pressures on Bitcoin. The present price surely looks like a discount when considering those variables.Show more >

Croatian fuel wholesale and retail company Tifon, a subsidiary of Budapest-based MOL Hungarian Oil and Gas PLC, has announced that it now allows cryptocurrency payments for fuel and other services and products ...at its petrol stations across Croatia.

As per the report revealed on February 4, all Tifon’s fuel stops will accept cryptocurrencies including Bitcoin (BTC), Ethereum (Ether), Ripple (XRP), Stellar (XLM), and EOS.IO (EOS) through a partnership with the Paycek platform developed by Zagreb-based crypto-payment processing and cryptocurrency brokerage local firm Electrocoin.

The CEO of Electrocoin, Nikola Skoric, said that Paycek will convert crypto transactions into Croatia’s national local currency, the kuna, and then pass them to Tifon.

Tifon has positive expectations, particularly during the tourist season, as foreign clients use this form of payment more frequently during the summer season when tourists from across Europe flock to Croatia’s coastlines and cities. Ana Lokas, the Chief Financial Officer at Tifon, said:

"Even though cryptocurrency payments in Croatia are still in developmental stages, by introducing this payment option at all Tifon stations, we expect further growth and development.”

Based on the number of service stations, Tifon is among the largest five oil companies in Croatia. Its largest regional presence is in Slavonia (Eastern part of Croatia) and Central Croatia. The oil firm, which has been owned by MOL Group since 2007, operates 46 gas stations across the country and hires an estimate of 600 staff to help carry out its daily operations.

Crypto Payment Solutions for Businesses

Over the decades, the general public and businesses have been waiting for a single currency that could function as a viable medium of exchange. Bitcoin cryptocurrency has successfully been obtaining wider global acceptance, with major businesses increasingly recognizing the ability of the digital currency to transfer money within a matter of minutes.

Small retailers and large corporations have been accepting Bitcoin at a rapid pace. Touted as “the secure money of the internet,” the cryptocurrency is becoming accepted as a form of payment, just like credit cards. This signals financial inclusion as merchants and businesses begin accepting multiple payment options including fiat, credit, and cryptocurrency, all in one mobile point of sales system.

Show more >

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