Square Enix, one of the biggest developers and publishers in the gaming world, has acknowledged the importance that NFTs and blockchain gaming could have for the future of the company. In its latest briefing session, Square Enix contemplated a “robust entry” into the blockchain games sector as part of its medium-term strategy process. Square Enix …
Monthly archives: November 2021
Solana Ventures, FTX, and Lightspeed Launch $100 Million Blockchain Gaming Fund
Solana Ventures, the investment arm of the Solana blockchain, FTX, and Lightspeed, a venture capital firm, have announced the launch of a joint web3 gaming initiative. The fund will have $100 million at its disposal to invest in gaming projects using blockchain-based systems in the Solana network. The fund has already made its first investment …
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Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back Law Concerning Crypto Services in Kazakhstan Members of the upper house in Kazakhstan’s parliament, the …
Crypto Strategist Benjamin Cowen Says Ethereum Is an ‘Absolute Beast,’ Outlines Next Milestone for ETH
A closely followed trader and crypto analyst is calling Ethereum an ‘absolute beast’ as he predicts the bull market for the leading smart contract platform could extend into 2022. In a new strategy session, Benjamin Cowen tells his 598,000 YouTube subscribers that Ethereum (ETH) has been in a strong uptrend since March of 2020. “If …
Kazakhstan Senate approves legislation regulating crypto service providers
According to new legislation passed by the upper house of the country’s national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast. The new law extends the country’s financial monitoring system to cover crypto service providers. The new legislation would also establish a …
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Bitcoin Price Prediction: BTC/USD Swings Above $62,500
Bitcoin Price Prediction – November 7 The Bitcoin price restarts the uptrend after crossing above the critical barrier of $62,000 to touch the daily high of $62,866. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $57,000, $55,000, $53,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD looks green …
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Bitcoin Price Prediction: BTC/USD Recovers Above $62,000
Bitcoin Price Prediction – November 7 The Bitcoin price is currently trading above the 9-day and 21-day moving averages after the first digital asset recovers from $61,397. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $58,000, $56,000, $54,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently …
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Brazilian official pushes for the use of Bitcoin in salary payments
An official with the Brazil chamber of deputies has announced his intentions to make it possible for government workers to be paid in Bitcoin. This announcement comes as more Latin American countries pass laws that favour the adoption of cryptocurrencies. The official known as Luizao Goulart has tabled the bill that allows public and private …
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Bakkt expands crypto offerings to start supporting Ethereum
Bakkt, the cryptocurrency exchange platform for the Intercontinental Exchange, has announced plans of expansion by adding Ethereum to its list of accepted cryptocurrencies. Bakkt has stated that through this expansion, its customers can now interact with the largest altcoin by market capitalization. The development also came shortly after Bakkt Holdings became a publicly-traded company, with …
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Solana, Lightspeed and FTX invest $100M in GameFi
Leading players in the blockchain sector have launched a major investment fund that will be used for Web 3 gaming, popularly known as GameFi. This initiative could mark a major step in adopting blockchain and crypto assets into the traditional gaming sector. The new $100 million investment fund was announced on Friday. The funds will …
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Tampa Bay Mayor announces plans to accept salary in Bitcoin
The mayor of Tampa Bay in Florida, Jane Castor, has announced plans to accept her paycheck in Bitcoin. This development comes a few weeks after the mayor of Miami, Francis Suarez, stated that he would receive 100% of his next paycheck in Bitcoin. Castor made the remarks during the Bitcoin & Blockchain Summit held in …
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‘Resistance is futile’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week on a high in more ways than one as BTC/USD seals its highest ever weekly close. After days of painfully slow progress, Bitcoin finally put in a breakout move to the upside to pass crucial levels. Now ready to go “parabolic,” some argue, the largest cryptocurrency is now firmly …
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Crypto markets tag $3T combined market cap for first time
With Bitcoin trading within 2% of its all-time high while Ethereum, Solana, and Polkadot push into previously uncharted price ranges, CoinGecko estimates that the combined cryptocurrency market cap has broken above $3 trillion for the first time. According to CoinGecko, the total crypto capitalization broke into new highs above its previous record of $2.62 trillion …
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Incoming NY mayor wants crypto taught in schools
New York Mayor-Elect Eric Adams appears to be doubling down on his pro-crypto stance, asserting that that schools should incorporate cryptocurrency studies into their curricula. Speaking during a Nov. 7 interview with CNN’s State of the Union, Adams described cryptocurrency as “a new way of paying for goods and services throughout the entire globe,” urging …
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Three Bitcoin (BTC) on-chain indicators signaling a bullish end of the year
In this article, we will explore the indicators behind the positioning of BTC investors and its psychological effect, the large increase in institutional activity, and the possible supply shortage on centralized exchanges. 97% of BTC investors are making money The In/Out of the Money Around Price indicators show the distribution of addresses that have bought …
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