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Can BudBlockz (BLUNT) Become as Popular as Chiliz (CHZ) and Enjin Coin (ENJ)?
26.10.2022
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. If you are looking for the best crypto project to invest in right now, popularity is a key factor for future growth and success. In the end, higher demand for a coin will only push...
SandStorm Launches On-Demand Metaverse Builds with 5 Virtual World Partners
26.10.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Tampa, FL, Florida, 30th August, 2022, Chainwire The largest metaverse builder community SandStorm has launched its self-serve build proposals, making...
Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million
25.10.2022
Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon...
A Compass Through Crypto Turbulence: Demand-Side Models
24.10.2022
Major client demand the ‘tipping point' for BNY Mellon's crypto services
19.10.2022
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91% of institutional asset managers were interested in investing in tokenized assets
BNY Mellon Says Client Demand for Crypto Led to Custody Offering
17.10.2022
Client demand for crypto was the key factor in launching a crypto custody offering, BNY Mellon’s CEO Robin Vince said on the company’s third quarter earnings conference call Monday
Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal
15.10.2022
Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals...
UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver
14.10.2022
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with...
US Lawmakers Send Inquiry to ERCOT CEO Over Texas Crypto Mining and Its Effects on the So-Called Climate Crisis
13.10.2022
A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state. The letter that stems from senator Elizabeth Warren’s office says that the lawmakers...
Demand for talent in crypto less dependent on market as industry matures
10.10.2022
Historically, bear and bull market cycles in crypto tend to correlate with the amount of talent that enters the space
After Ethereum Merge, GPU prices may stabilize with dipping demand
9.10.2022
The prices of many popular GPUs, such as Nvidia’s RTX3080, have dropped by nearly 60% over the last 90 days across some parts of the globe
Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’
8.10.2022
According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar...
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’
7.10.2022
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited...
Mint on Demand Functionality Announced By Fractal
5.10.2022
Fractal has announced plans to launch Mint on Demand, a functionality that helps the developers of Web3 games save the time and cost of minting a digital item. The Web3 sphere is an ideal ecosystem for the games to grow; however, it comes with the challenge of handling millions of digital assets...
Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket
4.10.2022
The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of...
Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar
3.10.2022
A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dollar, a report has said. One Nigerian currency dealer said he expects the naira to further depreciate to...
Surging Bitcoin-Sterling Trading Volume Points to Hedging Demand for Crypto, or Does It?
29.9.2022
There's a debate over whether rising BTC/GBP trading volume represents hedging demand for the cryptocurrency or speculative interest
Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions
27.9.2022
According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that...
Southeast Asia’s Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand
25.9.2022
The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS,...
JPMorgan: Demand for Crypto as Payment Method Has Drastically Declined
25.9.2022
Global investment bank JPMorgan is seeing little demand for crypto as a payment method. However, the bank noted that cryptocurrencies are becoming “larger and larger” in the gaming sector, including in the metaverse. JPMorgan Sees Little Demand for Crypto as a Payment Tool The global...