January 25, 2022

Thailand To Regulate Use Of Cryptocurrencies For Payment

The Bank of Thailand (BOT), Securities and Exchange Commission (SEC) and Ministry of Finance (MOF) have jointly decided to regulate the use of cryptocurrencies as a medium of exchange. They cite threats of financial instability and crime as primary justifications. Strictness On Crypto BOT announced its regulatory decision in a press release earlier today. It...
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FTX’s Sam Bankman-Fried: Solana Is Better Than Other Blockchains Despite Multiple Outages

Despite the multiple outages that the Solana network suffered in recent months, FTX CEO Sam Bankman-Fried (SBF) believes the high-performance blockchain is still better than other networks in the industry. The latest Solana network outage happened on Friday and lasted for more than 48 hours, causing DeFi users who borrowed funds from lending platforms to...
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Bottomless

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Dump-eve 8:00 PM  Scanning the horizon, you giddily observe the accumulation of snowflakes. The forecast calls for DUMP. And...
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FTM, ATOM, MANA Strategically Sound For A Healthy 35% Run ! Here’s When

The crypto town has been struggling to rebound from the clutches of the bears. While merchants from the town have rolled up their sleeves to make business irrespective of the market trends. While altcoins are capable of making riches out of little investments, traders have been failing to strategize their moves. Advertisement Buying the bottoms...
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IMF Calls On El Salvador To Remove Bitcoin As Legal Tender

The International Monetary Fund (IMF) recently urged El Salvadoran authorities to remove Bitcoin’s legal tender status. They called it a threat to market integrity, financial stability, and consumer protection. Criticizing the Bitcoin Law The IMF publicly revealed its warning in a website statement earlier today, after concluding its Article IV consultation with El Salvador on...
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YouTube Looking to Add NFTs in Ecosystem Expansion Efforts (Report)

The American video-sharing giant YouTube intends to go into the non-fungible token (NFT) sector, as part of the company’s expansion plans. As reported by Bloomberg on Tuesday (January 25, 2022), YouTube CEO Susan Wojcicki, in an annual letter to creators, said that the company was looking for ways to help creators benefit from non-fungible tokens...
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The Beatles and John Lennon Memorabilia Listed for Sale as NFTs

The eldest son of John Lennon – Julian Lennon – is selling a range of music history of the Beatles and his dad’s memorabilia from his personal collection as non-fungible tokens (NFTs). To do so, he partnered with YellowHeart – a blockchain company that ensures the purchase of authentic digital tickets. Furthermore, Lennon vowed to...
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Shiba Inu to Enter the Metaverse with Shiberse

After the NFT mania last year, the Metaverse became the main focus for crypto insiders and outsiders in the past few months. With numerous entities aiming to get on board, the latest project to outline such intentions is Shiba Inu. The team behind the project, which gained traction during the memecoin explosion in the summer...
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At This Level Bitcoin & Ethereum Price May Find Their Bottom and Attempt a Strong Rebound!

Bitcoin being the most dominant crypto in the entire space, its price trend is closely watched out. Only for the reason that most of the assets closely follow the BTC price trend and surge or plunge along with its variations. Advertisement Eventually, the second largest crypto Ethereum also follows the same trend and hence the...
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DeFiChain: Addressing Issues That Fintech Can’t Solve in Traditional Finance

In a world where money is power, power is centralized in the hands of those who control money. Dependent on them, the people of the world are devoid of the opportunities while also being unable to do anything about their purchasing power fading away. If individuals are to determine their own financial futures – and...
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Elon Musk and the McDonalds Meme Trend: Says Will Eat a Happy Meal on TV if Dogecoin Accepted

The relationship between the US fast-food chain and the cryptocurrency industry went on another level in the past several days during the market correction. The latest to get involved was Tesla’s CEO – Elon Musk. Bitcoin and the rest of the crypto space slumped in value in less than a week. The entire market cap...
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El Salvador Is Down 23% on its Bitcoin Investments on Paper

It’s been less than half a year since El Salvador’s bitcoin experiment began. So far, though, it’s not going as well as the small Central American nation has hoped, at least in terms of its investments in the cryptocurrency. El Salvador’s Historic Bitcoin Endeavor It’s safe to say that El Salvador and its president Nayib...
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Accumulate Network Surpassed 1.2 Million Transactions in 1 Month of Testnet 2.0 Activity

[PRESS RELEASE – Please Read Disclaimer] The growth of Ethereum in the cryptocurrency space proved the necesity for a decentralized network that allows developers to create decentralized applications on top of it. However, it also showcased several issues that could occur, including being stuck to using only one chain and lack of scalability that leads...
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StormX to Hold its First Invitational Poker Tournament at the PokerGO Studio in Las Vegas

[PRESS RELEASE – Please Read Disclaimer] Star-Studded Celebrity Poker Tournament To Feature NBA stars, crypto founders, pro poker players with a prize pot totaling nearly $500,000. Miami, 25th January 2022: StormX, the leading Crypto Cashback provider announces it will beholding an invite-only poker tournament with its newest partner, Las Vegas-based PokerGO®. The tournament will take...
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BitMEX Welcomes New Head of Trading Bill Beller

We are delighted to welcome Bill Beller as Head of Trading, effective 1 January. Bill is in charge of spearheading the company’s trading strategies and expanding our trading team and its capabilities.  Prior to joining us, Bill was Managing Director at Greenville Advisory for nearly five years, where he helped FinTech start-ups launch crypto exchange...
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The US Will Release a CBDC by 2030, Said Bank of America (Report)

Although US authorities continue to dabble with the idea of issuing their own central bank digital currency, the Bank of America believes such a product is “inevitable.” Additionally, researchers from the large banking organization see stablecoins continue to flourish and take a massive role in the monetary system. Inevitable US CBDC? CBDCs are a growing...
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Bitcoin Roars Back Again, Has The Recovery Began or Just another Fake Pump?

Bitcoin price has undergone a roller-coaster ride with huge price fluctuations. While during the previous day’s trade the price did try to hit above $37,500 yet ended up plunging below $33,000. However, the BTC price was successful to close the day’s trade above $36,700. And this bullish close ignited the asset to yet again hit...
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2CrazyNFT Launches Superstar Mario Chalmers’ NFT Collection on Binance NFT Marketplace

[PRESS RELEASE – Please Read Disclaimer] With aims to give players rampant excitement, 2CrazyNFT partners with Mario Chalmers, an American professional basketball player for its debut NFT collection. The exclusive NFT collection will be released on the Binance NFT Marketplace on the 4th of February 2022. The NFT drop will also constitute a distribution of...
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Top 3 Metaverse Crypto Coins Gaining The Most Price This Week (BCMC, ETNA, DEP)

Even with the bearish momentum this week, some Metaverser crypto coins managed to see double-digit percent price increases. This article looks at the top three Metaverse crypto coins gaining the most price this week, ordered by 7-day growth, lowest to highest. 3. Blockchain Monster Hunt (BCMC) +16% Launching in October 2021, Blockchain Monster Hunt is...
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Top 3 Metaverse Crypto Coins Gaining The Most Price Today (SPH, HPL, MAGIC)

After last week’s bloodbath, crypto markets are starting to stabilize this Monday. Metaverse Crypto coins continue to dominate the charts, with many projects seeing double-digit percent price gains. This article looks at the top three Metaverse crypto coins gaining the most price today, ordered by 24-hour growth, lowest to highest. 3. Spheroid Universe (SPH) +16.78%...
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Bitcoin (BTC) $ 95,666.63 0.21%
Ethereum (ETH) $ 3,569.98 0.99%
XRP (XRP) $ 2.55 4.23%
Tether (USDT) $ 1.00 0.15%
Solana (SOL) $ 223.26 0.27%
BNB (BNB) $ 657.72 3.53%
Dogecoin (DOGE) $ 0.404115 2.58%
Cardano (ADA) $ 1.19 2.00%
USDC (USDC) $ 1.00 0.03%
Lido Staked Ether (STETH) $ 3,567.03 1.03%