Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: After the market news update, the hosts chat with special guest Ran Neuner, co-founder and CEO of Onchain …
Yearly archives: 2021
Crypto firms call on U.S Congress to move with the times amid regulatory mismanagement
On Wednesday, key executives at six major crypto firms testified before the House Financial Services Committee, saying shoehorning existing rules doesn’t work. Over a near five-hour stint, representatives from Coinbase, Circle, FTX, Bitfury, Paxos, and Stellar fielded questions to educate lawmakers on understanding the intricacies of cryptocurrency, ransomware, investor protections, and banking the unbanked. But …
There’s no stopping MicroStrategy as it acquires 1,434 more Bitcoin (BTC)
Just a week after it acquired 7,002 BTC, MicroStrategy announced that it has grown its Bitcoin holdings once again. According to the latest Form 8-K document it filed with the SEC, the company purchased approximately 1,434 BTC between November 29th and December 8th. MicroStrategy makes another move in its bid to buy all the Bitcoin …
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Ledger unveils crypto-native debit card, adds support for NFTs
Hardware crypto wallet manufacturer Ledger has made a slew of announcements during the first day of its Ledger Op3n conference in Paris, including the upcoming launch of its brand new crypto-linked debit card and support for non-fungible tokens (NFTs). Dubbed “Crypto Life,” the new debit card is powered by Ledger’s technology and will allow holders …
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Community incubator Launchpool Labs announces first metaverse engine incubated project Ozone Metaverse
“The market opportunity for bringing the Metaverse to life may be worth over $1 trillion in annual revenue and may compete with Web 2.0 companies worth ~$15 trillion in market value today.” – Grayscale Metaverse report. Have you heard about virtual real estate in #Decentraland recently? Takeaways from Grayscale’s #metaverse report were mentioned in @BusinessInsider. …
Pepsi-Cola Celebrates the Soft Drink’s Birth Year With 1,893 Generative NFTs
The carbonated soft drink manufacturer Pepsi has revealed the company is stepping into the world of blockchain with its first collection of non-fungible token (NFT) assets. Pepsi introduced the “Pepsi Mic Drop” genesis NFT collection on Thursday, which features 1,893 generative NFTs on the Ethereum blockchain. Pepsi aims to create a real-time community of NFT …
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Binance Investment Director Ken Li Talks About Investing in Web3, Gaming and More Exciting Trends
Binance Labs is a chain-agnostic investor and incubator focused on supporting the global blockchain ecosystem and decentralized web. Their portfolio includes 1inch, Audius, Axie Infinity, Chiliz, Elrond, Injective, Matic / Polygon, Sandbox and Terra. Ken Li is an Investment Director at Binance Labs, with a focus on equity & token investments in Web3 social, gaming …
CIA Working on Various Crypto-Focused Projects, Director Confirms
The director of the U.S. Central Intelligence Agency (CIA) has revealed that the agency is working on a number of cryptocurrency-focused projects. Cryptocurrencies “could have enormous impact on everything from ransomware attacks,” he said. CIA Has Been Working on Various Crypto Projects CIA Director William Burns revealed Monday at the Wall Street Journal’s CEO Summit …
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Smart Contract Altcoin Posts Massive Gains Following Announcement of Partnership With Gaming Development Firm
One under-the-radar altcoin is on fire after helping to bring in-game non-fungible tokens (NFTs) to the mainstream gaming industry. Blockchain network Tezos (XTZ) announced that game designer Ubisoft’s new Quartz feature was built using its native technology to enhance gameplay while remaining energy efficient. In-game #NFTs are here, and they are built on #Tezos.@ubisoft has …
Terra becomes top-10 crypto: Classic ‘bull pennant’ setup paint $100 LUNA price target
Terra (LUNA) faces the prospects of hitting $100 in the coming weeks as it paints a classic bull pennant structure. In detail, bull pennants appear as the price trends inside a triangle pattern after a strong move upside. Many analysts see it as a sign of bullish continuation, i.e., they think the instrument would eventually break …
Inflation benchmark Frax Price Index to launch on Partisia blockchain
On Thursday, Frax Finance, a developer of algorithmic stablecoins, announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. The benchmark would have its stablecoin pegged to it and serve as a competitor to the standard Consumer Price Index, or CPI. Although the latter is a near-universally adopted inflation gauge, skeptics …
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Tribal Credit taps Bitso and Stellar to enable cross-border B2B payments
Enterprise payment platform Tribal Credit has partnered with Latin American crypto exchange Bitso and the Stellar Development Foundation to create a new cross-border payment service for businesses, opening the door to broader use cases for blockchain technology in the region. The new service, which is geared towards small- and medium-sized enterprises, enables companies in Mexico …
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Bitcoin could hit $100K, gold $2K in 2022 thanks to ‘deflationary forces’ — Bloomberg analyst
According to Bloomberg Intelligence, $100,000 Bitcoin (BTC) and $2,000 gold could greet 2022 as global markets face “deflationary forces.” In a tweet on Dec. 9, Mick McGlone, a senior commodity strategist at Bloomberg’s research arm, forecast that next year would be good for both gold and BTC. “Positive ramifications” for Bitcoin thanks to deflation As …
5 Best Cryptocurrency to buy for Lower Risk Returns December 2021 – Week 2
The crypto market is surfing bearish waves, with a decline in the total market cap by 0.85% in the last 24 hours. Most crypto assets have been trading in the red zone for quite a while but there are a few coins that we consider the best cryptocurrency to buy for lower risk returns. 1. …
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Bank of Thailand asks local banks not to offer crypto services citing volatility
The Bank of Thailand is urging local banks to stay away from cryptocurrencies. According to the institution, cryptocurrencies are highly volatile, and financial institutions should not engage in these digital assets. The Bank of Thailand stated that the risky nature of cryptocurrencies came from their volatility. As such, it stated that the use of Bitcoin …
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