Crypto analyst and trader Benjamin Cowen says buying pressure for Cardano has massively dropped since ADA printed its all-time high in September. In a new strategy session, Cowen takes a look at the state of Cardano as ADA continues a downtrend that has taken the coin almost 60% down from its record high above $3.00. …
Yearly archives: 2021
AAA Blockchain Game ‘Realms of Ethernity’ Raises $5 Million From DIG International
December 19, 2021 – Gainesville, Florida Realms of Ethernity, an upcoming MMORPG metaverse game on Polygon, has raised $5 million in a private token sale from Decentralized Investment Group (DIG) International, a Dubai-based investment firm. The investment comes on the heels of an earlier public pre-sale that raised over $5 million. The investment was made …
Chinese companies embark on a metaverse trademark race
Despite the People’s Bank of China’s (PBOC) warning on metaverse and nonfungible tokens (NFTs) in November, more than a thousand Chinese companies have submitted thousands of metaverse-related trademark applications. In a summit back in November, Gou Wenjun, the PBOC’s AML and Analysis Center Director, warned about the dangers of digital assets. According to Gou, because …
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The biggest winners and losers of the crypto industry in 2021
The cryptocurrency and blockchain industry experienced explosive growth in 2021, particularly in its decentralized finance (DeFi) and nonfungible token (NFT) sectors. The year was also marked by continued price volatility, baffling behavior from China, a grand experiment in Central America, escalating institutional interest, and the rise of some faster smart-contract networks — all of which …
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Law Decoded: Making sense of mixed signals, Dec. 13–20
The crypto regulation regime in any jurisdiction is an equilibrium among multiple institutional, group and personal interests of actors who have a sway over financial and monetary policies. These interests never perfectly align, frequently resulting in contradictory signals coming out of various power centers. Speaking about systemic risks facing the world’s largest economy last week, …
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SEC commissioner Elad Roisman will leave by end of January
Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency. In a Monday announcement, Roisman said he had sent a letter to President Joe Biden informing him of his decision to leave the SEC by the end of January 2022. The SEC …
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Bitcoin (BTC) Price Prediction: BTC/USD Struggles above $46k as Bitcoin Risks Decline below $45.5k
BTC/USD Fluctuates Above $46k as Bitcoin Risks Decline Below $45.5k -December 20, 2021 Following the bearish impulse of December 17, Bitcoin bulls have made four attempts to breach the $50,000 high as Bitcoin risks decline below $45.5K. However, since December 13, BTC/USD has been fluctuating below the $50,000 price level. The upward move has been …
Sanctor Capital wraps up another mentorship program for early-stage founders exploring Web3 and Metaverse
Last week, eight projects working with NFTs, infrastructure technology, interoperability, and privacy graduated as part of Sanctor Turbo’s Beta Class, showcasing their achievements and giving audiences a glimpse at the upcoming product releases. Sanctor Turbo is a custom-tailored mentorship program by blockchain investment firm Sanctor Capital that leverages domain expertise and growth strategy guidance for …
Voodoo confirms $200 million investment in blockchain gaming
French gaming enterprise Voodoo announced its initiative to invest $200 million in blockchain gaming. The organization intends to invest these funds in emerging gaming studios developing blockchain-based games. Voodoo is all set to power the blockchain gaming sector Blockchain gaming has emerged as one of the latest booming markets and has surpassed investments worth $500 …
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Ethereum co-founder makes surprise visit to Argentina, what is Buterin planning?
Ethereum co-founder Vitalik Buterin made an unannounced visit to Argentina last Friday. The eccentric programmer was first spotted in the fashionable Palermo barrio of the country’s capital Buenos Aires. The next day, he was reported as having lunch with the former president, Mauricio Macri, who served between 2015 and 2019. When it comes to Latin …
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Former electronics store, RadioShack, pivots fully into DeFi
A century-old company, RadioShack, formerly RadioShack Corporations, has confirmed a complete u-turn into the burgeoning decentralized finance (DeFi), a crypto niche specialized in offering services similar to traditional finance through blockchain technology. RadioShack turns to DeFi Tai Lopez, the Executive Chairman of the venture, had previously hinted at this on December 11 where he revealed …
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Indian Government Seeks Wider Consultation Before Finalizing Crypto Bill: Report
The cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules to govern digital currencies in India. Indian Government Seeks More Consultation on Proposed Crypto Legislation India’s cryptocurrency bill is unlikely to be introduced in …
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Crypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’
The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have lost anywhere between 3% to 7% in value during the last day following bitcoin’s price slide. Top Ten Crypto Coins See More Losses, Crypto Economy …
Bitcoin.com to Give Away $25,000 In “December to Remember”
In light of the holiday season, and to celebrate a fantastic year for economic freedom enhancing technologies like Bitcoin, Bitcoin Cash, Ethereum, NFTs, DeFi, Play-to-earn games, and more, Bitcoin.com is giving away more than $25,000 in cash prizes between now and the end of the year. $20,000 Raffle For every order of $200 or more, …
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Crypto Whale Suddenly Moves Over $500,000,000 Worth of Bitcoin in a Single Transaction – Here’s Where the BTC Is Going
A crypto whale abruptly moved just over half a billion dollars worth of Bitcoin and paid less than a dollar in transfer fees. The deep-pocketed investor sent 10,836 BTC worth a staggering $506 million in a single transaction to an unknown wallet on Saturday, according to whale-surveilling bot Whale Alert. The address that initiated the …