Web3 infrastructure platform Our Happy Company has announced their inaugural product, OurSong — a social commerce mobile application designed to enable digital creators to monetize their content and cultivate their communities via nonfungible tokens (NFTs) — will utilize Circle’s established payment infrastructure to drive demand in the creator economy. Our Happy Company was incorporated in …
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Later today, U.S. President Joe Biden will sign a long-anticipated executive order on digital assets. Despite fears that the order may resound a regulatory clampdown on the industry, the language of the document is fairly favorable, the key focus being the coordination and consolidation of various agencies’ efforts within a unified national policy. The order …
Cryptocurrency mining has been and remains an attractive endeavor not only for fans of alternative financial instruments but also for those serious about investing. When deciding whether to start mining, potential miners keep several well-known factors in mind: equipment and electricity costs, suitable climate and favorable legislation in the country of operation. At least, that …
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Quick take: Terra (LUNA) opened the day at $80.5 and went on to hit a local peak of $99.55 The rise in value is attributed to the staking of LUNA that has surpassed that of Ethereum and Solana Terra is now the second-largest DeFi ecosystem after Ethereum in terms of total value locked Terra (LUNA) …
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US President Joe Biden has finally signed the much-awaited executive order regulating digital assets The order emphasizes six different financial areas including curbing illicit usage of digital assets The order also advises authorities to bolster efforts towards launching a CBDC. US President Joe Biden has finally issued an executive order that intends to regulate digital …
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Leading decentralized marketplace for the Non-Fungible Token fans, Magic Eden has entered into a strategic partnership with globally-acclaimed sports entertainment firm, Overtime. With this crucial collaboration with the Solana-based NFT platform, Overtime is looking forward to launching an exclusive NFT collection that will promote the engagement of players with their global fans. The integration between …
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Thriving as one of the biggest cryptocurrency exchanges with a diverse token portfolio, Binance has announced to give away Shiba Inu ($SHIB) to new users entering its ecosystem. As part of an exciting promotional strategy, the top-tier crypto exchange has planned to offer juicy incentives to investors for trading the popular meme-inspired crypto token. With …
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Seeing the growing craze for Non-Fungible Tokens, people from all the realms of our society have started investing in digital collectibles as a potential financial resource. Where the popularity of NFTs has been in full swing across the economic and industrial arena, the sector has received burgeoning support from the sports industry as well. The …
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Crypto analytics firm Santiment is digging into the accumulation and outflow data to see what’s next for Ethereum (ETH) and Bitcoin (BTC). The market insights agency says that the biggest Ethereum whales continue to buy into the leading smart contract platform despite ETH recently dropping nearly 20% in price over the past month. “Ethereum’s billionaire addresses …
Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, nonfungible tokens (NFT) and other crypto initiatives. The newly launched $100 million venture arm, Cake DeFi Ventures (CDV), will fund crypto startups that complement the company’s core business. According to …
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The United States Federal Reserve is moving forward with its real-time payment project FedNow Service by starting experimenting with the blockchain infrastructure. On Tuesday, the Fed officially launched the FedNow Service Provider Showcase, aiming to provide financial institutions and users with a range of services to help them implement FedNow Service, which launches in 2023. …
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Got some Satoshi to send or Bitcoin (BTC) wallets to reorganize? It’s increasingly cheap to do so. According to an Arcane Research report, Bitcoin “transaction fees have stayed low since July 2021, showing no signs of rising.” Bitcoin mean tx fees remaining very low despite small hike last week. Source: Arcane Research There was, however, …
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The cryptocurrency market has jumped after a shaky couple of days. Affected by the ongoing fallout from the Ukraine-Russia conflict, its total cap had slid down to $1.75 trillion. However, this figure is now up to $1.93 trillion, representing a 10% increase in the last 48 hours. But given that we remain in an uncertain …
Continue reading “5 Best Layer 1 Blockchain Cryptocurrency to Invest in Now March 2022 Week 2”
The crypto market is always ripe with opportunities for investors looking to make money. This is especially true now that coins are seeing impressive jumps in their prices. But, cautious investors would most likely prefer to go for low-risk cryptocurrencies to protect their portfolios. Below, we have some of the best coins to watch out …
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Treasury Secretary Yellen offered remarks on President Biden’s executive order, saying that it would encourage responsible innovation. The initial statement has been removed, but an archived version is available. The U.S. looks very likely to release some sort of regulatory framework this year. Secretary of the United States Treasury Janet Yellen released a statement endorsing …
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