According to data from IntoTheBlock, addresses holding BTC for less than a month decreased their supply as bitcoin slid by $10,000 in less than a week. Bitcoin went through one of its worst corrections in terms of its USD value in the past few weeks. The asset traded above $43,500 on January 20th before it...Read More
The most recent price plummets in the cryptocurrency market have not deterred large investors from accumulating more portions of certain assets. This became evident for Cardano’s native token, as on-chain data revealed that some ADA wallets have more than doubled their holdings in less than two weeks. ADA Appetite Increases With Lower Prices It’s safe...Read More
Centrifuge – a decentralized asset financing protocol – just won an auction for a parachain slot on Polkadot. Like other parachains from Polkadot’s second group of parachain auctions, it is expected to launch on March 11th. Centrifuge Meets Polkadot The protocol announced its auction victory in a blog post on Thursday. The team says they...Read More
Along with a record $35 billion quarterly earnings and 11.2% rise in sales to $124 billion, Apple Inc outlined its metaverse ambitions on Thursday. In a call with investors, CEO Tom Cook spoke about the company’s plans and preparations to expand its presence in the business of augmented reality. Apple’s Metaverse Plans To a question...Read More
Sandeep Nailwal, the co-founder of Polygon (MATIC), revealed today that India’s CryptoRelief will be sending 100 million USDC from Vitalik Buterin’s last year SHIB donation back to him. Last year in May, Vitalik Buterin donated 50 trillion SHIB tokens to India Covid Relief Fund. Tweeting on the matter, Nailwal revealed the reasons for which they...Read More
The Bitcoin price has finally returned to the level where further downside risk is minimal. The flagship asset appears to conclude the week on a bullish note after strengthening around $36k throughout the week. Especially, the Hash rate, number of long–term holders, exchange reserves, and market trends are likely to flip the bearish divergence amidst...Read More
Last week’s price drop in bitcoin resonated throughout the crypto market, with top cryptocurrencies continuing to lose ground. The general market recovered slightly as well, albeit the price increase slowed considerably on Thursday. Advertisement BTC is up 1.9% at $37K level, ETH is also around $2.5K. All of the other tokens on the chart too...Read More
[PRESS RELEASE – Please Read Disclaimer] The partnership will give rise to jointly-organized global hackathons, and see Huobi Incubator take an active role in the entire lifecycle of Internet Computer-based Web3 dapps, DeFi, Games, NFTs, Social Media, and Metaverse projects. Huobi Incubator, the project incubation arm of Huobi Global, today announced a strategic partnership with...Read More
[PRESS RELEASE – Please Read Disclaimer] OVR has started the first phase of migration from the Ethereum network to Polygon. The company has transferred Merkle Proof and minting functions from the former network to the latter. As a result, users can now mint their OVRLand NFTs on Polygon for only a few cents. Similarly, OVR...Read More
The Binance Smart Chain-based protocol Qubit Finance reported being hacked for $80 million worth of BNB. The attackers managed to create the illusion that they had deposited large amounts of xETH collateral. The blockchain security resource PeckShield reported last night that the DeFi project could have become a victim of a security breach. Later on,...Read More
The large asset manager – Fidelity Investments – filed with the US Securities and Exchange Commission to establish a pair of exchange-traded funds (ETFs). The financial products will track firms involved in the Metaverse industry. Aiming at The Metaverse The American financial services corporation – Fidelity Investments – has already sought the SEC’s approval to...Read More
The Ministry of Finance proposed a regulatory framework that would enable cryptocurrency transactions to be carried out through Russia’s banking system, with infrastructure to monitor and identify traders. Crypto Regulations Instead of Ban According to a report by local media outlet RBU on Friday (January 27, 2022), the Ministry of Finance is proposing a modality...Read More
Bitcoin prices are causing huge variations in the crypto space where-in other altcoins are getting impacted very deeply. Ethereum prices which had decoupled from Bitcoin for a while also appear to have begun following the star crypto. And hence trending within a small ascending channel. This may be an indication of the fast-approaching Altseason as...Read More
The Sandbox is aiming to introduce a music-themed virtual world in a new partnership with Warner Music Group (WMG). In an announcement on Jan. 27, the team stated that it is the first time Warner has ventured into the realm of NFTs and the Metaverse. The Sandbox team added that WMG acquired an “ESTATE,” which...Read More
Coinbase is proud to be one of the most trusted platforms in crypto, and we recognize that the best way to build trust with our customers is through transparency. That’s why we want to highlight some of the recent changes we made to our user agreement. We encourage you to carefully read the agreement in...Read More
Joe Biden’s administration wants to clarify once and for all the regulatory landscape surrounding the crypto sphere —taking the opportunity to exert greater control over the industry. Apparently, within the next few weeks, it is expected that the White House will issue an executive order declaring the regulation of cryptocurrencies as a matter of national...Read More
