Crypto markets added nearly 3.2% to their overall market cap in the past 24 hours, data shows. A run in cryptocurrencies pushed the overall market capitalization back above the $2 trillion mark, a level last seen earlier this month before global markets slumped amid the war in Ukraine and tighter monetary policy in the West. […]
Cryptos Reclaim $2T Capitalization, Cardano’s ADA Leads Gains in Majors Read More »
Out of the 2,000 responders, 24% revealed interest in investments in tokens or NFTs in 2022, which highlights a “critical tipping point” for token adoption. A survey on investors across the United Kingdom has revealed a growing interest in the new asset classes that threaten to overshadow traditional finance, which is driven by factors such
Tokens pose lesser risk than gold and oil for UK investors — Survey Read More »
Time Magazine made an announcement via Twitter that it will start accepting ApeCoin in the coming weeks. ApeCoin, an Ethereum-based token was recently issued by Yuga Labs – the creators of the Bored Ape Yacht Club. Previously, the magazine had made it possible to pay for digital subscriptions with Bitcoin and other cryptocurrencies, including XRP, Ether and Dogecoin, last April. Time
Time Magazine to Start Accepting ApeCoin Read More »
KEY POINTS Central banks the world over have been caught cold by a surge in inflation in the aftermath of the coronavirus pandemic, which has sent annual consumer price increases to multi-decade highs. The risk, economists have suggested, is that by tightening policy aggressively even as growth is threatened by the conflict while financial conditions
The Bold card will allow users to spend U.S. dollars on a line of credit collateralized by their bitcoin holdings. Bitcoin company Bold announced on Thursday it would launch a credit card to enable customers to spend against bitcoin held as collateral and earn BTC rewards on every purchase. The offering differs from products made popular over
BOLD CREDIT CARD: SPEND AGAINST BITCOIN COLLATERAL Read More »
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission. Malaysian Ministry Wants NFTs Legalized Malaysia’s Ministry of Communications and Multimedia has proposed legalizing non-fungible tokens (NFTs)
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector Read More »
Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio- the founder of UK-based animation and game development platform Paradox Studios. With blockchain gaming continuously accelerating the metaverse narrative, AmioTalio believes that the huge funding that Solana is offering
Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says Read More »
Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country is capable of setting up domestic crypto exchanges and should support mining. Russia Can Establish Own Cryptocurrency Exchanges, Deputy Insists The crypto space is an
Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says Read More »
The ApeCoin token airdropped to Bored Ape NFT owners is off to a rough start, falling from $39.40 to as low as $6.48. ApeCoin, the token linked to the popular Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, is down about 80% in its first two hours of trading. The token was airdropped to
APE Token Tied to Bored Ape Yacht Club NFTs Sinks 80% in Opening Hours Read More »
Russians formed large queues to withdraw cash from their bank accounts on Monday as the ruble plummeted in response to sanctions imposed on Russia by the U.S., U.K., Canada, and European Union over the weekend. The currency dropped almost 30% in value on Monday. Adding to the pressure on Russian banks, many shops stopped accepting
