Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price

The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69 ETH, which is currently worth $210,239, according to OpenSea. All month long there has been speculation about the possibility of Bored Ape flipping CryptoPunks in terms of NFT …

Scalability or stability? Solana network outages show work still needed

Solana is a highly scalable decentralized blockchain developed with a unique method of ordering transactions that significantly improves its transaction throughput, to the point that it has consistently been processing over 2,500 transactions per second. It claims to be able to process 50,000 transactions per second. The power of Solana’s cheap transactions is felt when it’s …

100 digital payment token firms in Singapore fail to win licenses: Report

More than 100 out of 170 “digital payment token services” in Singapore have reportedly failed to obtain licenses from the local financial regulator, the Monetary Authority of Singapore, or MAS.  Amid apparently tough regulation, 103 companies related to the digital payment industry in Singapore found their regulatory exemptions removed, Japan’s financial publication The Nikkei reported …

Bitcoin Price Prediction: BTC/USD May Consolidate Around $48,000

Bitcoin Price Prediction – December 22 Today, the Bitcoin price loses traction after hitting $49,595; losses likely to continue in the near term. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $54,000, $56,000, $58,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin Now Looking at the daily chart, it can …

Why is Singapore rejecting the majority of crypto licensing applications?

Data compiled by Vulcan Post shows that out of 176 digital payment token (DPT) license applications submitted to the Monetary Authority of Singapore (MAS), 103 have been rejected or withdrawn. The tech media outlet reports that of the remaining 73 candidates, 69 are pending, and only four licenses have been granted. The four companies granted …

FBI looks to return $190 million in Bitcoin seized from alleged Sony Life embezzler

The Federal Bureau of Investigations (FBI) has taken the first legal action to return 3,879 Bitcoin (roughly $190 million)—which it recently seized from an alleged embezzler—to insurance company Sony Life, a subsidiary of Tokyo-based Sony Group Corporation. According to the agency’s complaint for forfeiture filed with the U.S. District Court of Carolina on December 20, …

Christie’s net $150 million in NFT sales dominated by Beeple

There is no doubt that the NFT space has performed exceptionally well this year. A recent Sotheby report proved this right as it indicated that the traditional auction house netted around $100 million from NFT auctions in 2021.  Another traditional auction house, Christie’s has just announced via Twitter that the combination of all of its sales in the space …

Fact Checking Media Tries to Debunk Great Reset Theories, Articles Ignite Heated Discussions Over Reboot Agenda

On December 22, Twitter trends indicate that thousands of people on social media are talking about the World Economic Forum’s (WEF) “Great Reset” agenda, as Reuters and the BBC had run fact-checking posts on the subject. According to the reports, the Great Reset has been tied to various conspiracy theories and the initiative was launched …

China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto

Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative, which comes amid an ongoing crypto crackdown, is seen as a boost for blockchain, the technology that also underpins cryptocurrencies. Xinhua to Create Digital Collectibles Based on Photo Reports The …

Beyondlife․club and Orange Comet to Launch Stan Lee’s Chakra The Invincible: A Superhero NFT Collection

press release Press Release: Beyondlife․club and Orange Comet have joined forces to launch a special NFT collection dedicated to the legendary Marvel comics founder Stan Lee. 22nd December 2021, Singapore — Chakra The Invincible is a unique NFT collection and tribute to legend Stan Lee, that will launch on his 99th Birthday, (December 28th) on …

Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency is already completed. Bank of Russia to Issue Report on …

Ubisoft joins forces with Aleph.im to bring playable NFTs into AAA games

Non-fungible tokens (NFTs) have presented a strong use case in gaming. One of the leading gaming companies, Ubisoft, is taking a second swab at NFTs after its first attempt was met by strong backlash from the community. On December 21, Aleph.im announced that it would unveil a decentralized storage solution for Ubisoft Quartz to integrate …

Under Armour releases Stephen Curry’s Genesis Curry Flow NFT collection

One of the legendary NBA players, Stephen Curry, is the latest champion to venture into non-fungible tokens (NFTs). After breaking the all-time three-point NBA record, Curry will release wearable sneakers for the metaverse. Curry will be releasing these wearables with Under Armour, a sportswear manufacturer. The partnership will create the first cross-platform metaverse globally, featuring …

Spell token price at $0.00229 after 24.6% gains – How to buy SPELL

The crypto market has tried to make some bullish gains during the past 24 hours. With the broader market support, tokens are rallying and recovering from a strong recession during the past few weeks. During this time, one of the top gainers is SPELL, which has made double-digit gains and moved towards weekly highs. SPELL …

‘Eye Opening’ Price Pattern Could Be Unfolding for Bitcoin, According to Crypto Analyst Justin Bennett

Popular crypto analyst Justin Bennett thinks Bitcoin (BTC) could be in for more bearish price action in the short term. In a YouTube analysis, Bennett notes that whenever BTC has had a liquidation wick downwards in price this past year, the leading crypto asset tends to initially recover before breaking below the bottom of the …

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