Good day, ApolloXplorer!Here are today’s key headlines for you to stay up to date with the latest:<h2 id="header-0">#1. El Salvador postpones bitcoin ‘volcano bond’</h2>El Salvador has postponed its planned $1 billion bitcoin bond offering due to unfavorable market conditions, such as the Russia-Ukraine war and its impact on the price of bitcoin.The bond had initially been scheduled to launch between March 15-20. According to Finance Minister Alejandro Zelaya, the bitcoin bond will have a &#34;substantial oversubscription&#34; that could reach $1.5 billion.In November 2021, President Nayib Bukele announced plans to build a “Bitcoin City” funded by the sale of the bonds.Credit: <a href="https://www.coindesk.com/business/2022/03/22/el-salvador-postpones-planned-bitcoin-bond-report/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. FIFA signs sponsorship deal with Crypto.com for Qatar World Cup</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/6bdea6a53f084447bdaffe5cb7000b13.png" />Image credit: ReutersCrypto.com will be the exclusive cryptocurrency trading platform for the 2022 Qatar World Cup after signing a sponsorship deal with FIFA, soccer&#39;s world governing body.&#34;Crypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world,&#34; said Kay Madati, FIFA&#39;s chief commercial officer.The partnership with FIFA is the latest big investment in sport for Crypto.com.Source: <a href="https://www.reuters.com/lifestyle/sports/fifa-signs-sponsorship-deal-with-cryptocom-qatar-world-cup-2022-03-22/" rel="noopener noreferrer nofollow">Reuters</a><h2 id="header-2">#3. BTC price spikes while some analysts warn of possible correction</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/26d4faf84e70498994c8cba6636ae333.png" />Image credit: TradingViewBTC price rallied 6.15% from a low of $40,884 on Tuesday to an intraday high at $43,380.However, some analysts are warning about Bitcoin&#39;s recent price action and how it could lead to a price correction.Source: <a href="https://cointelegraph.com/news/bitcoin-bulls-take-aim-at-45k-while-some-analysts-warn-of-possible-correction" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-3">#4. Ethereum’s co-founder warns about the dystopian potential of crypto</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/4a03474548f5437eb24b4c61cf2a35bb.png" />Image credit: Michael Ciaglo, Getty Images NewsVitalik Buterin said in an interview with Time Magazine that he is worried about trends he has observed in crypto.One example is the explosion in the value of NFTs, prices of which can go up to exorbitant amounts.“If we don’t exercise our voice, the only things that get built are the things that are immediately profitable,” he said. “And those are often far from what’s actually the best for the world.”Source: <a href="https://www.cnbc.com/2022/03/22/ethereum-founder-vitalik-buterin-worries-about-future-of-crypto.html" rel="noopener noreferrer nofollow">CNBC</a><h2 id="header-4">#5. World’s largest hedge fund is getting into crypto</h2>Ray Dalio’s Bridgewater Associates, the world’s largest hedge fund, is planning to back an external fund dedicated to crypto.Ray Dalio has been a crypto skeptic in the past, expressing concerns over volatility, lack of regulation and its use in ransomware attacks. However, he has since softened his stance, stating that he “believe(s) in the blockchain technology. … It has earned credibility.”Bridgewater Associates joins other mainstream hedge funds along with crypto hedge funds, which have poured billions of dollars into the space.Source: <a href="https://fortune.com/2022/03/22/ray-dalio-bridgewater-crypto-fund/" rel="noopener noreferrer nofollow">Fortune</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: Vitalik warns of crypto dystopia, Largest mainstream hedge fund backs crypto

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