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Southeast Asia’s Largest Bank DBS Enters the Metaverse
11.9.2022
DBS, the largest bank in Southeast Asia, says it is “the first bank in Singapore to make a foray into the metaverse.” A DBS executive explained that “The metaverse presents exciting opportunities to redefine how we live, work and engage with each other.” DBS Entering...
Devere CEO Explains Why He Is Buying the Bitcoin Dip
11.9.2022
The CEO of Devere Group, a financial advisory and asset management firm, has shared multiple reasons why he is buying the bitcoin dip. “Despite the recent turbulence, I believe that the trajectory of bitcoin and other major cryptos is upwards,” he said. Nigel Green Explains Why He...
China to Crack Down on Copyright Infringement Through NFTs
10.9.2022
Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments....
Indian Finance Minister Urges IMF to Lead in Regulating Crypto — Georgieva Says IMF Ready to Work With India
10.9.2022
India’s finance minister, Nirmala Sitharaman, has urged the International Monetary Fund (IMF) to take “a lead role” in regulating crypto assets. IMF Managing Director Kristalina Georgieva says the global organization stands ready to work with India on climate change, crypto...
From Shiba Inu to Squidgrow
9.9.2022
When society looks at the crypto industry today, one cannot deny that Dogecoin (Doge) and Shiba Inu (SHIB) are just as widely known as Bitcoin (BTC). SHIB to date has the highest percentage gain est. Thirty million per cent from launch to an all-time high; no other cryptocurrency has come close...
Ether price could 'decouple' from other crypto post Merge — Chainalysis
8.9.2022
Chainalysis suggests ETH could decouple from other cryptocurrencies post Merge as its staking rewards could make it similar to bonds or commodities
Lucky Block Beats Other NFT Competition Platforms like NFT-Competitions
7.9.2022
The non-fungible token (NFT) market has reported tremendous growth during the past year. Multiple NFT competition platforms have also sprouted during this time, with one of them being Lucky Block. Lucky Block is one of the largest NFT competition platforms powered by the LBLOCK token....
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Binance Converting USDC and Other Stablecoins to BUSD - A Market Share Grab?
7.9.2022
Binance, the largest cryptocurrency exchange by trading volume, has announced that it is removing support for three major stablecoins including Circle's USDC, Pax Dollar (USDP), and TrueUSD (TUSD) on all its products. ...
Read More: Binance Converting USDC and Other Stablecoins to BUSD - A Market...
Bernstein: Bitcoin’s Correlation With Other Tokens Will Weaken as Its Dominance Declines
7.9.2022
The bitcoin-to-ether market cap ratio has fallen to around 1.9 from as high as 20 in 2016, the report said
Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge
6.9.2022
While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.”...
Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave
6.9.2022
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Pointing to the success of the Nigerian fintech Flutterwave, the candidate said...
Ethereum Merge to 'swamp' other coins with miners — Mining CEO
6.9.2022
The Ethereum Merge could force many crypto miners to give up and abandon their expensive mining rigs amid a race to the bottom for profits
Mad Money’s Jim Cramer Recommends Avoiding Crypto, Other Speculative Investments
1.9.2022
The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that...
Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador
31.8.2022
El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Salvador. Surf City, another beach location in the La Libertad region, will also...
Coinbase Discloses It Will ‘Evaluate Any ETH Fork Tokens Following The Merge’
28.8.2022
The publicly listed firm Coinbase Global has revealed the company plans to evaluate any potential forks that arise from the upcoming Ethereum upgrade known as The Merge. In a recently updated blog post, Coinbase said if a new Ethereum proof-of-work (PoW) token is created it “will be reviewed...
Silver Supply Crunch Predictions, FDIC Issues Cease and Desist Order to FTX US, and More — Bitcoin.com News Week in Review
28.8.2022
Morgan Report founder David Morgan foresees a supply crunch for silver, and says that in ten years’ time, it will be one of the best investments of the decade. One analyst, however, says if the precious metal falls below $18, it’s “very possible that we could see silver...
Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to Money Laundering
27.8.2022
India’s Enforcement Directorate (ED) has conducted searches at five premises linked to popular cryptocurrency trading platform Coinswitch Kuber. The company says its engagement with the ED was not related to any money laundering inquiry. The federal agency recently froze the assets of...
Moody’s States Inflation Is Affecting Economic Recovery in Part of Latam
25.8.2022
Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are said to be the countries more affected by this phenomenon, and their recovery will depend...
SEC Chairman Says Crypto Should Be Treated Same as Other Capital Markets
24.8.2022
SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the beat,” Gensler encouraged crypto trading and lending platforms “to come in and talk to SEC staff.”...
Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines
22.8.2022
Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today’s rally sees the token move almost 20% higher in the last seven days. Flow, on the other hand, extended its recent declines and is now down by almost 30% in the same period. EOS EOS was trading...