The Central American nation of El Salvador was scheduled to issue the much-publicized $1 billion Bitcoin Bond last week. But things took a drastic turn following a series of events. Reuters reported that the El Salvador Minister of Finance, Alejandro Zelaya, disclosed that the country has opted to wait until the market condition becomes favorable … Read more
The increasing influx of celebrities into the Metaverse is an indication that artists are now eyeing the virtual ecosystem as the next destination to carve a niche for their brands. Veteran Popster Madonna, also dubbed the “queen of pop,” is the latest entrant into the Metaverse following her acquisition of a Bored Ape NFT valued … Read more
There are still a lot of meme tokens that the SHIB army wants to eliminate, but they’re being kept in places where they can’t get them back, @shibburn says. It seems like the SHIB army has improved on its attempts at eliminating the SHIB tokens to decrease the distribution volume of the 2nd biggest dog … Read more
After minor losses in the previous meeting, the price of Binance manages to stay over $400. As of 1st March, Binance’s price stabilized below $420 after reaching a high of $424. The bearish sloping line and the 200 EMA function as dual punches for the purchasers. The prices need to cross the two levels with … Read more
In the quest to encourage more bank users to embrace cryptocurrency transactions, an Australia-based financial institution, ANZ bank, has successfully launched a stablecoin linked to the Australian dollar (AUD). The move is the first of its kind by an Australian bank to issue an AUD tethered stablecoin. It may be the first time a major … Read more
The leading cryptocurrency in terms of market capitalization, Bitcoin has continued to show its dominance by moving past the $44,000 mark, effectively moving the weekly gains above 8%. The latest price rally comes when investors have renewed confidence in the recovery of the BTC, and the ongoing conflict in Eastern Europe also contributes to the … Read more
The often debated topic of Bitcoin mining is taking on a new dimension as the days pass by, partly due to its potential that has been severely overlooked. Since its emergence, Bitcoin has been viewed by a few individuals as a network that serves more than just a cryptocurrency. Not only is Bitcoin a mainstay … Read more
Cryptocurrency exchange, Gemini Payments, has gotten the nod of the Central Bank of Ireland to issue digital cash to users. As per reports published in the Irish Times yesterday, the Irish Apex bank granted the crypto exchange permission to issue digital cash following its application in early 2020. The exchange, a subsidiary of the Fintech … Read more
Ever since the Eastern European nation of Ukraine began feeling the heat of the military onslaught from Russia, it has solicited donations, and the rest of the world has responded. The huge donations coming into Ukraine to help it defend itself against the Russian invasion have been in the form of digital currencies. Cryptocurrency forms … Read more
Ever since Ethereum announced its transition to the new Proof-of-Stake consensus layer, aka ETH 2.0, the amount of stakes in the blockchain protocol has increased rapidly. According to reports, the number of stakes accounts for 10% of the total Ether supply. Crypto data analyst Delphi Digital states that validators and nodes have staked more than … Read more
