Leading crypto exchange, Kraken, has disclosed that it will enable trading on the meme-themed cryptocurrency, SHIB, starting from Tuesday. Other Details About This Listing Per the announcement, SHIB will be paired with the USD and the EURO. But trading on SHIB in the futures and margin markets would be available at a date that would…
India, like many countries, is in the throes of coming up with crypto regulations. The country’s parliament is about to introduce a bill to regulate the market. With this in mind, many groups have expressed their views on what they think should be covered by the bill. Opinions Of Concerned Bodies IndiaTech, an independent company…
Santander, one of the most elegant banks in Europe, is going to launch the first Bitcoin ETF in Spain despite the fact that there are various regulatory challenges which the country is still facing amid ETF approval. According to the officials at the bank, they have been working for quite some time now on the…
Despite a turbulent week in the intra trading market, Shiba Inu has lifted the spirits of members of the crypto community with some good news. The 12th largest crypto by market capitalization has announced an ambitious plan to build its metaverse. The popular meme currency’s team announced that they have hired William David Volk to…
Many digital investors have been predicting an event called ‘Flippening’ in the crypto market. This event postulates that the top coin in the market, Bitcoin, is going to be replaced by Ethereum. Citadel CEO Kenneth Griffin has shared a similar opinion on this matter. Griffin was being interviewed by a media recently when he mentioned…
Thus far, the government of the United States has been at odds with the cryptocurrency market. However, several technical experts have pointed out that even if the government proceeds to ban crypto trading and the activity of the exchange markets, it will be impossible to stop this industry from developing. There is a greater chance…
A new Grayscale analysis has shown that making the metaverse more widely adopted might be a $1tr market by 2029. Two of Grayscale’s top analysts, David Grider and Matt Maximo, headed the research. An Interlinked Crypto-Based Metaverse The angle of their analysis was an interlinked crypto-based metaverse like the Decentraland. Using current metaverse user data…
A day after SHIB holdings on the major wallets on the Ethereum Network reportedly dropped 4%, another whale trader has capitalized on the dip to purchase more Shiba Inu tokens. The whale-tier address announced entry with $36M worth of SHIB bought. The correction on the crypto market is still going on, with many whales abandoning…
Avalanche defied the general downward movements in the cryptocurrency market to keep making new gains. Late yesterday the altcoin reached new highs of $146. The token also edged out Dogecoin in the top ten cryptocurrency list. The token grew in value by 20% yesterday to reach these new highs. The move meant the coin grew…
US Deputy Treasury Secretary, Wally Adeyemo, has stated that central bank digital currencies (CBDCs), such as Russia’s digital Ruble, do not constitute a danger to United States prohibitions. In an appearance with CNBC on Wednesday, Adeyemo asserted that the United States Dollar will endure being the predominant world currency despite the rapid growth of digital…
India’s stance on digital currency is difficult to describe. The nation’s legislature is yet to develop crypto policies on the regulation of the digital asset space. After several executive meetings, including discussions with top stakeholders, and worries from the country’s apex bank, pm Narendra Modi is becoming outspoken about the issue. During a virtual interview…
The United States has become a fairground for crypto-related endeavours and launching new ideas and projects around decentralization. Recently the market has been doing extremely nice because of the increasing popularity of crypto in the mainstream media and because of the fact that the Securities and Exchange Commission has finally approved multiple Bitcoin futures ETFs….
The home court for the LA Lakers is about to undergo a rebranding. In a headline-grabbing move, Crypto.com, a cryptocurrency exchange based in Singapore, will take the place of Staples. It recently purchased the title rights to the famous Los Angeles court. The branding will go up on Christmas day. A Lakers home game is…
Binance, the biggest crypto exchange there is, has halted all withdrawals amid a large backlog, and the company is still trying to make sense of what happened. All Binance customers at the moment are unable to withdraw Bitcoin or any other crypto assets out there. The very reason for this epic pause of withdrawals seems…
According to Reuters, cryptocurrencies like Bitcoin and Ethereum will be banned from being used for transactions in India, but they may still be retained as assets like gold, stocks, and bond holdings. Per respondents who are aware of the government’s strategy, cryptocurrency will be allowed to operate in India. Concerns that unregulated cryptocurrency exchanges could…
Mark Zuckerburg is the CEO of social media and tech giant Facebook. He has recently issued a public statement on behalf of his company about the rebranding of the entire social media ecosystem. Zuckerburg issued a video detailed on the concept and vision of the new social media environment that he is planning to build…
Genopets is an NFT game that has brought a twist to the already revolutionary world of NFT games. It is the first NFT game to employ the move-to-earn concept. It pays gamers to stay active. In recent times NFT games like Axie Infinity have gotten more recognition. The reason is that these games allow the…
Wormhole, an interoperability protocol based on cross-chain that interlinks blockchains of high value, has recently incorporated UI support aiming at the network Terra (LUNA). A distinct combined interface will allow the consumers to effectively transfer the tokens among Binance Chain, Solana, Ethereum, and Terra. Following the cross-chain bridge of Wormhole is scheduled to take the…
Like cryptocurrency, metaverse has frequently made the headlines since the start of 2020, thanks to Facebook’s vision to create a more sociable environment in 3D. It is now one of the most talked-about topics, particularly amongst the tech-savvy population. While the concept is not typically new anymore, it’s on its way to becoming a significant…
Ethereum’s surge has continued, with a total increase of 50% since the beginning of October. The recent traffic surge implies that Ether’s on-chain and trade data have followed suit, and can provide additional clues to market participants. According to the statistics presented, Ethereum’s network traffic has gotten extra momentum and has begun to catch up…
Flagship cryptocurrency Bitcoin has surprisingly broken into the top eight assets by market capitalization following Monday’s market rally. Bitcoin hit the number eight spot with a market cap of $1.25T, surpassing Elon Musk’s Tesla and Facebook. Bitcoin’s current $1.25T market cap was enough to beat the renowned motor company Tesla and gain more against Facebook,…
There are not many countries at the moment that have made Bitcoin a legal tender or even legalized it as a mode of payment within their region. El Salvador remains the only country to have made Bitcoin a legal tender, and that is about it. Australia, on the other hand, is seeing a flux of…
Binance is considered to be one of the top crypto exchanges in the world and is known to offer a wide range of services to its customers regarding access to digital assets, trading, investment, and withholding of cryptocurrency. In the pursuit of greatness, Binance became the first exchange for having introduced its own crypto token…
Cryptopunk’s NFT collections have sold multiple millions repeatedly, despite most of them being simple pixelated personas. Recently, the NFT marketplace recorded another $0.5B sales of NFTs. But Bloomberg has revealed that there is more than meets the eye in this particular sale. The Problem? Cryptopunk 9998, which contains a unique green-eyed pixelated character, was sold…
The cryptocurrency industry is currently experiencing the largest inflow of funds of all time and this inflow is mainly to Bitcoin. This large inflow into the cryptocurrency industry is coming after the approval of the Bitcoin futures ETF. ETF products are sought after by investors as they are convenient. Most of the inflows has been…
