Singapore-based crypto exchange giant Crypto.com is listing the low-cap altcoin project Status Network Token (SNT). Status is a secure messaging app, crypto wallet, and Web3 browser using an open-source, peer-to-peer protocol and end-to-end encryption, according to the project’s website. Crypto.com customers can now purchase SNT with dollars, euros and more than 20 other fiat currencies. …
Monthly archives: March 2022
Here’s Why Bitcoin (BTC) Will Eventually See a $1,000,000 Price Tag, According to BitMEX Co-Founder Arthur Hayes
The CEO of embattled crypto exchange platform BitMEX says that leading digital asset Bitcoin (BTC) could see a seven-figure price tag in the future. In a new article, Arthur Hayes says that he sees BTC being worth millions of dollars in the long run because governments around the world cannot stop devaluing their currencies by …
NFT collections brought to life at SXSW: Doodles and FLUF World
Cointelegraph journalists at South by Southwest, or SXSW, in Austin, Texas reported that NFTs were everywhere this year, marking a new phenomenon for what began as a music festival in 1987. Since evolving into a film, tech and general culture gathering, and after a two-year hiatus, SXSW added blockchain programming to the mix with crypto-related panels, blockchain company …
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Bank of Russia Allows Sberbank to Issue Digital Financial Assets
Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market. Sberbank Added to Central Bank’s Register of Crypto Asset Issuers The Central Bank of Russia (CBR) …
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Solana Sees Small Bump in Price As Coinbase Wallet Expands Support for SOL Ecosystem
Coinbase is pressing ahead toward the Web 3.0 future by enabling its browser-based wallet to accept assets from the Solana (SOL) ecosystem. According to a new press release, the US-based crypto exchange says it’s responding to new needs and opportunities as blockchain technology expands its frontiers. “Over the past year, there has been an explosion …
Here Are the Levels Bitcoin (BTC) Must Hold and Break To Trigger the Market, According to Michaël van de Poppe
Widely-followed crypto analyst Michaël van de Poppe is highlighting crucial price levels for Bitcoin (BTC) to break through to trigger market acceleration. In a new tweet, the analyst tells his 576,300 followers that Bitcoin must fight to stay above $39,700. “Looking at the current price action for Bitcoin, the level at $39.7K needs to hold.” Source: …
US Legislators Grill SEC Chair on ‘Overburdensome’ Crypto Reporting Requirements in New Letter
More than half a dozen United States congressmen are defending blockchain developers in the face of new government regulatory pressure. In a letter to U.S. Securities and Exchange Commission (SEC) head Gary Gensler, Representative Tom Emmer (R-MN) leads a bipartisan group in saying the agency’s burdensome information requests risk stifling domestic technological innovation in the …
Meta CEO Mark Zuckerberg Says Social Media Platform Instagram Will Soon Adopt NFTs
Meta CEO Mark Zuckerberg says that the photo and video-centric social media platform Instagram will soon support non-fungible tokens (NFTs). According to a new report, the famed Facebook founder announced at SXSW that Instagram would be incorporating NFTs into its platform within the next several months. Though he gave no specifics, Zuckerberg said that the …
14% of Salvadoran businesses have transacted in BTC: Chamber of Commerce
Businesses in El Salvador have been slow to adopt Bitcoin (BTC) ever since the country famously recognized the digital asset as legal tender in September 2021, according to a recent survey by the Salvadoran Chamber of Commerce. Of the 337 companies polled between Jan. 15 and Feb. 9, only 14% said they had transacted in …
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Altcoin Roundup: Three layer-1 protocols see inflows amid choppy, volatile market conditions
Layer-1 (L1) protocols are the foundation of the decentralized application ecosystem, with the Ethereum network dominating the landscape in terms of the number of protocols launched on-chain and total value locked (TVL), followed by BNB Chain and Fantom. As the sideways market of 2022 drags on and serious projects use the time away from the …
Binance tells regulators it will cease operations in Ontario… for real this time
Binance confirmed in an undertaking to the Ontario Securities Commission, or OSC, in Canada dated Wednesday that the crypto exchange will cease activities involving Ontario residents. Binance will also stop opening new Ontario accounts, and provide fee waivers and reimbursements to certain Ontario users under the administration of a third party, the company said. The …
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Bitcoin Price Prediction: BTC/USD Ready to Spikes Above $42,000
Bitcoin Price Prediction – March 18 The Bitcoin price prediction reveals that BTC shoots above $41,500 level to trade above the upper boundary of the channel. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $47,000, $49,000, $51,000 Support Levels: $36,000, $34,000, $32,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is moving sideways, …
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US Senator Elizabeth Warren Introduces Bill That Could Ban Exchanges From Working With Russian Wallets
US Senator Elizabeth Warren is introducing a new bill enabling the Treasury Department to ban exchanges from facilitating transactions for Russian crypto wallets. The bill also would require President Joe Biden’s administration to identify “foreign digital asset actors that are facilitating evasion of sanctions against Russia.” The administration would be authorized to sanction crypto holders …
DEA Plans May Release and NFT Presale for Its Fourth PlayMining Game Titled ‘Cookin’ Burger’
March 18, 2022 – Singapore, Singapore Expanding play-to-earn GameFi ecosystem adds its first third-party game title. Singapore-based GameFi ecosystem, Digital Entertainment Asset Pte. Ltd. (DEA), today announced the launch of its newest blockchain game ‘Cookin’ Burger’ – the fourth title and the first third-party game to be released within its PlayMining ecosystem. Per the official statement, …
Uniswap (UNI) Dominating Solana (SOL), Cardano (ADA) and Additional Altcoins in One Important Metric: Santiment
Crypto analytics firm Santiment says that the decentralized crypto exchange Uniswap (UNI) is ahead of leading Ethereum (ETH) competitors in terms of development activities. According to a recent Santiment tweet, Uniswap is the fastest developed asset in the past 30 days with 1,070 daily Github submissions from developers. Source: Santiment/Twitter Uniswap is followed by Solana …