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Chinese crypto ban poses no threat to local industry media, sources say

Chinese crypto ban poses no threat to local industry media, sources say

Leave a Comment / Crypto/Blockchain, Cryptocurrency, Regulation /

Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram. While some major Chinese cryptocurrency-related publications seem to be shutting down, a number continue to be run by local news agencies that have switched to social media like Twitter. China’s most recent crypto […]

Chinese crypto ban poses no threat to local industry media, sources say Read More »

Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem

Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem

Leave a Comment / Cryptocurrency, Metaverse /

Bank of America’s strategist says that the metaverse is a massive opportunity where cryptocurrencies will be widely used as currencies. “I definitely believe this is a massive, massive opportunity,” he said. Bank of America’s Metaverse Prediction Bank of America’s strategist, Haim Israel, told the Insider Tuesday that the metaverse is a massive opportunity for blockchain

Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem Read More »

Croatia’s Top Supermarket Brand Now Accepts Crypto Payments

Croatia’s Top Supermarket Brand Now Accepts Crypto Payments

Leave a Comment / Cryptocurrency, Global Financial News, Hot Stories /

The largest supermarket company in the European nation of Croatia, Konzum, says it is possible to buy all of its products online and pay with one of nine supported digital currencies. According to the company, the supported cryptocurrencies, including Bitcoin (BTC), ether (ETH), Bitcoin cash (BCH), EOS, DAI, Ripple (XRP), stellar lumen (XLM), tether (USDT), and USDC, will

Croatia’s Top Supermarket Brand Now Accepts Crypto Payments Read More »

6M worth of metaverse land sold last week: DappRadar

$106M worth of metaverse land sold last week: DappRadar

Leave a Comment / Metaverse, NFT for Dummies /

“Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space.” Four blockchain-based metaverse projects generated more than $100 million worth of virtual land nonfungible token (NFT) sales last week, according to data from

$106M worth of metaverse land sold last week: DappRadar Read More »

Facebook Owner Meta Relaxes Crypto Ad Policies

Facebook Owner Meta Relaxes Crypto Ad Policies

Leave a Comment / Cryptocurrency, Hot News, Hot Stories /

The company has added 24 new accepted crypto licenses. Meta, formerly known as Facebook, has updated its criteria for running cryptocurrency ads on its platform by expanding the number of accepted regulatory licenses from three to 27. The company is also making that list public for the first time, with the accepted licenses appearing on the policy page.

Facebook Owner Meta Relaxes Crypto Ad Policies Read More »

SEC CHAIRMAN GARY GENSLER: BITCOIN COMPETES WITH THE U.S. BANKING SYSTEM

SEC CHAIRMAN GARY GENSLER: BITCOIN COMPETES WITH THE U.S. BANKING SYSTEM

Leave a Comment / Bitcoin for dummies, Bitcoin News, Cryptocurrency /

Gary Gensler said on Wednesday that Bitcoin was created “as a reaction” to the U.S. monetary system and its worldwide consensus. Bitcoin is an “off-the-grid” alternative to the traditional financial system, SEC Chairman Gary Gensler said. Gensler joined former SEC chairman Jay Clayton on Wednesday to talk about Bitcoin, cryptocurrency, and ETFs. Issuers should “come

SEC CHAIRMAN GARY GENSLER: BITCOIN COMPETES WITH THE U.S. BANKING SYSTEM Read More »

HSBC takes on fintechs with UK investing feature aimed at younger clients

HSBC takes on fintechs with UK investing feature aimed at younger clients

Leave a Comment / Global Financial News, Hot News /

LONDON — HSBC is going head-to-head with fintech challengers in the wealth management space, launching a new investing feature aimed at a younger clientele in the U.K. The British bank said Wednesday it was rolling out a tool on its mobile app that lets people invest in a range of ready-made funds. Customers will need to invest

HSBC takes on fintechs with UK investing feature aimed at younger clients Read More »

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

Leave a Comment / Cryptocurrency, Ethereum for Dummies, Top Alt Coin News /

The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum’s

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High Read More »

The Metaverse is a T opportunity after users increase 10x: Grayscale report

The Metaverse is a $1T opportunity after users increase 10x: Grayscale report

Leave a Comment / Bitcoin News, Crypto/Blockchain, Cryptocurrency, Metaverse, NFT for Dummies /

According to a new report from Grayscale, the rate of active metaverse users increased 10x between the start of 2020 and June 2021. Crypto investment giant Grayscale has published a bullish report on metaverses, estimating that the “market opportunity” for bringing the metaverse to the mainstream may be worth over $1 trillion in the next

The Metaverse is a $1T opportunity after users increase 10x: Grayscale report Read More »

South Korea Plans to Suspend Crypto Taxation Until 2023

South Korea Plans to Suspend Crypto Taxation Until 2023

Leave a Comment / Cryptocurrency, Regulation /

Crypto investors in South Korea might have a sigh of relief because the government intends to suspend the taxation until 2023, given that it would have been heavier than other investments like stocks. Crypto taxation has been a burning issue in the nation since its parliament brought up a bill in 2020. The South Korean Ministry of

South Korea Plans to Suspend Crypto Taxation Until 2023 Read More »

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