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Bank of Zambia Expects to Complete CBDC Study in Q4
12.2.2022
The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital Currency (CBDC), before the end of the last quarter of 2022. Narrowing the Financial Exclusion Gap The Zambian central bank has said it expects to complete...
Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts
12.2.2022
The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt...
SURVIVE: Only One Will Last in the Metaverse
11.2.2022
PRESS RELEASE. SURVIVE is going to revolutionize the Metaverse. It’s a hybrid between live-action and open-world games. Think of GTA 5, with a 3D Metaverse where you can play for free and earn money. SURVIVE is backed by NFT Global, a reputable NFT platform. This partnership is ready...
Ransomware crypto payments hit at least $602M last year: Chainalysis
11.2.2022
The total amount of value extracted through ransomware payments in 2021 is expected to rise above 2020 levels once all the data is sorted through
Freedom Convoy Continues, Trudeau Begs Protestors to Stop, Fundraiser Raises $542K in Bitcoin
8.2.2022
During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday, Canadian Prime Minister Justin Trudeau begged protestors to stop the demonstration and said “It has to stop.” Meanwhile, after Gofundme shut down...
Colombia Registers First Real Estate Purchase With Bitcoin
8.2.2022
The first real estate purchase with Bitcoin has been registered in Colombia last week. The company, called La Haus, sold one property in Santa Marta to a buyer that was not in Colombia at the time of the purchase. While Colombia is just starting to consider bitcoin for real estate payments,...
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets
7.2.2022
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the...
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement
7.2.2022
Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week...
The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production
7.2.2022
Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However...
Shiba Inu Surges 22% in Last 24 Hours; Will SHIB Continue Upto $0.000033?
7.2.2022
Shiba Inu is a famous meme coin along with Dogecoin. SHIB rose 22% in the last 24 hours. Before diving into the price chart and analysis, let’s find out what Shiba Inu is and why it is different from its competitor Dogecoin. Shiba Inu is an ERC-20 token created by Ryoshi. It is a decentralized...
Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees
6.2.2022
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard...
Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes
5.2.2022
The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a low of $190.57 billion 13 days ago on January 23. The decentralized exchange...
Metaverse Real Estate Sales Expected to Reach $1 Billion This Year
5.2.2022
Real estate sales in the metaverse are expected to reach a billion dollars this year, according to a metaverse analytics firm. The company expects real estate sales on four major metaverse platforms, which surpassed $501 million last year, to double this year. $1 Billion Metaverse Real Estate Sales...
Technical Analysis: Bitcoin Hits $40,000, as LEO Leads Friday Rally
4.2.2022
Bitcoin rallied above $40,000 on Friday, however, this was not the biggest mover in crypto markets to end the week. Cryptocurrencies climbed today, following news that over 400,000 jobs were added to the U.S. economy last month. Biggest gainers Bitcoin (BTC) climbed to $40,000, ethereum was fast...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
4.2.2022
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9%...
These tokens saw the biggest trading volume pumps last week. How could traders benefit?
4.2.2022
Dramatic increases in trading volume can alert crypto investors to price highs that are yet to come
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
3.2.2022
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established...
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
3.2.2022
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been...
Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2
2.2.2022
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows...
Bitcoin, Ethereum Technical Analysis: Ethereum Surges 10% to Start February
1.2.2022
Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close to 10% higher as of writing, with bitcoin gaining almost 4% today. Bitcoin Bitcoin, which fell by as much as $16,000 last month, has recently started to regain...