The week-long uptrend in the cryptocurrency market has begun to awaken bullish crypto investors and the successful March 15 launch of the Ethereum “merge” on the Kiln testnet has the community excited about the upcoming switch to proof-of-stake (POS). Data from Cointelegraph Markets Pro and TradingView shows that since the successful launch on Kiln, the …
Continue reading “Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’”
A tax framework on cryptocurrencies introduced by India’s Finance Minister Nirmala Sitharaman will become law in the country after being passed as an amendment to the Finance Bill. On Friday, India’s lower house of parliament, the Lok Sabha, passed the 2022 Finance Bill, which included 39 amendments proposed by Sitharaman. The amendment on crypto established …
Quick take: President Nayib Bukele met with Binance CEO, Changpeng Zhao Bitcoin was a key topic at the meeting The two also discussed the importance of crypto regulation, crypto adoption and an increase in blockchain education CZ had earlier met the President of Uruguay, Luis Lacalle Pou Earlier today, the President of El Salvador, Nayib …
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India’s parliament has approved a bill that imposes fines on cryptocurrency transactions. The bill comes shortly after taxation authorities introduced a hefty 30% capital gains tax on digital asset transactions. Regulators will implement the policy from April 1, 2022. According to reports released on Friday, Indian legislators have approved a policy geared towards imposing taxation …
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Quick take: The legendary pop star, Madonna, has acquired her very first Bored Ape NFT MoonPay facilitated the transaction for Madonna that cost her 180 Ethereum (ETH) English Premier League Hall of Famer, David Beckham, is now the global brand ambassador for the DigitalBits blockchain David Beckham plans to connect with his fans and work …
Continue reading “David Beckham and Madonna Make an Entry into the Metaverse”
BNB Chain-based (former Binance Smart Chain) lending/borrowing platform Venus Protocol (XVS) has been integrated with Coinbase Wallet, a self-custody digital assets wallet provided by the eponymous U.S. crypto exchange. We do love our DeFi. Our integration with Venus Protocol, the top borrowing/lending protocol on BNB Chain is now complete!,” Coinbase announced yesterday. Our integration with …
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One of the most popular play-to-earn blockchain games, Alien Worlds, has announced a new bridge with Minecraft, the best-selling video game on the planet with over 170 million players. Players of Minecraft will now be able to earn Trilium, the native cryptocurrency in the Alien Worlds metaverse. With this new bridge, gamers don’t need to …
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While the US debate over the CBDCs and their effects, the rest of the world are getting closer to releasing their own CBDCs. The Bank of International Settlements (BIS) recently announced their multi-CBDC pilot program Project Dunbar. Led by the BIS Innovation Hub, this program will be the first-of-its-kind method to settle multi-currency international payments …
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In a letter to shareholders on Thursday, Blackrock CEO Larry Fink wrote Russia’s invasion of Ukraine has disrupted the world order and put an end to globalization. The pandemic had already triggered a sea change in consumer demand, employment dynamics, and supply chain bottlenecks. But since the outbreak of war, the situation has further deteriorated, …
Iconic singer/songwriter and actress Madonna joined the proud ranks of “ape holders” today, flaunting on Instagram a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) she purchased for about $560,000 via fintech firm MoonPay. “I finally entered the MetaVerse…My very own Ape! What should I name her? Thanks @moonpay,” Madonna wrote on her Instagram. “We …
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After enduring a rocky start to the year, Bitcoin’s price in recent weeks has made a startling resurgence which has culminated in the value of the asset reaching as high as $45k in the early trading hours of today. Since the asset climbed above the $40k level around last week, it has steadily maintained the …
Continue reading “Bitcoin at $45k as ETFs touch new highs, altcoins continue green rampage”
Top Israeli bank, Bank Leumi, is set to become the first bank in the country to enable crypto trading services through its digital platform, Pepper Invest. This is coming after the traditional banking institution entered into a partnership with blockchain firm Paxos. Bank Leumi’s Pepper Invest crypto trading services According to a Reuters report, users …
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QNT climbed over 10% during today’s session, as RUNE and ALGO both rose by as much as 15% on Friday. This comes as cryptocurrency markets were trading nearly 4% higher as of writing this, as markets began preparing for the weekend’s action. Thorchain (RUNE) Thorchain (RUNE) was one of the biggest gainers on Friday, and …
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On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the announcement, the value of the protocol’s native token ANC slipped roughly 2% lower during the last 24 hours. Anchor Protocol Is Changing the Application’s Earn …
Bitcoin moved past its $45,000 price ceiling, after it was reported that the Russian government was considering accepting it as payment for energies. The news sent BTC to a 24-day high, whilst ETH also climbed to a five-week peak. Bitcoin BTC was trading almost 5% higher on Friday, as markets reacted to the news that …
