January 28, 2023

El Salvador’s Bitcoin City Wins an International Design Award (Report)

The LOOP Design Awards reportedly recognized the Bitcoin City of El Salvador’s government as one of the most outstanding projects in interior design and architecture.  When completed, the metropolis will use the energy released from the Conchagua volcano to power itself and BTC as its currency.  Bukele’s Dream City Gets an Award According to recent coverage,...
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Fannie Redux? Home Loan Banks Are Bailing Out Crypto Banks

The crypto market seems to have priced in last year’s string of crypto company bankruptcies. But the crypto firms that survived will still be paying off bank loans to cover their positions for some time. Crypto prices continue to edge upward while the market bears and bulls regroup. Even the recent bankruptcy of Genesis hasn’t...
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Meta Masters Guild Raises Over $1.5 Million During Presale with Just Days Left Before 23% Price Rise

Meta Masters Guild’s decentralized gaming ecosystem has raised more than $1.5 million in its ongoing presale. Aiming to be the world’s first mobile-based gaming guild, Meta Masters Guild has three exciting gaming projects in development.  Part of the presale’s success is due to Meta Masters Guild’s partnership with Gamearound, one of the most popular Web3...
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The Newest Platform xBitcoin Club Is under the Crypto Spotlight

The cost of putting money in digital currencies can be high. Even if the majority of tokens are selling substantially beneath their ATH, placing digital currencies in your wallet can be expensive. Furthermore, due to the volatility of these crypto assets, there is always a chance of suffering financial distress. However, if we advise that you...
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Despite Recent Market Revival, These Crypto Companies Dismissed More Employees

The prolonged bear market reduced the interest in cryptocurrencies and hampered the operations of numerous industry players. Some leading exchanges, including Coinbase, Crypto.com, Bybit, and Kraken, laid off a chunk of their workforce to cope with the challenging times.  The trend seems to be similar at the start of the new year despite the recent...
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Aptos Currently Faces Massive Sell-Off, What’s Next For APT Price ?

aptos The last 30 days has worked out spectacularly well for most of the cryptocurrencies and Aptos tops the list. In the last one month, Aptos has spiked nearly 460%. However, after a bullish week, Aptos faced a slight correction at $17.52. At the time of writing, Aptos is changing hands at $17.06 after a...
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Prominent Analyst Peter Brandt Debunks ‘Magic Line’ Crypto Market Theory

Peter L. Brandt is the founder and CEO of Factor LLC, a global trading company where he trades proprietary capital, foreign exchange, futures, fixed income, and equities markets. He has authored books and is always one of the active members who make predictions in the crypto industry.  He spoke out about those who have recently...
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Crypto Investment Trends That Will Define 2023: Report

Less than a month into the new year, the market is already showing sustainable signs of recovery, and the “creative destruction” that transpired could ultimately be a huge win not just for the consumer but also in terms of regulatory protections and rapid innovation, as well as lowered cost structures. Despite the many ups and...
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A Massive Sell Off For Aptos Ahead, Claims Top Analyst While He Updates Target For Bitcoin

The year 2023 has so far been a positive one for cryptocurrencies, especially the twenty sixth cryptocurrency, Aptos which has offered 10x profit to investors. Aptos which was launched in mid-Oct 2022 has managed to gain more than 400% since 2023. The altcoin also hit an all-time high of $19.61 on January 26, 2023. At...
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FBI Announces Takedown of Hive Ransomware Network

The FBI announced the takedown of Hive, a ransomware network with members across multiple states in Europe and North America, in a recent press release. The US agency stated that they had been on the case since at least 2021. Hackers Hacked Despite the efforts of the FBI, the network was tough to crack. However,...
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Biden Administration Publishes Roadmap to Combat Crypto Fraud and Protect Investors

The Biden Administration announced on January 27th that it will launch a new legal framework for cryptocurrencies in the coming months to combat the multiple cryptocurrency scams that impacted the crypto market last year, causing multi-million dollar losses. According to a statement published by the White House, “2022 was a tough year for cryptocurrencies.” Hence,...
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US SEC Inquires Investment Advisers Over Crypto Custody: Report

The United States Securities and Exchange Commission (SEC) is targeting investment advisors for potentially offering digital asset custody to its clients without meeting proper criteria. Citing three unnamed sources, Reuters reported that the Commission is probing advisers’ efforts to follow the rules around custody of clients’ digital assets after the implosion of FTX. The investigation...
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