In recent years institutional investors and banks are taking cryptocurrency more seriously as an asset. Cryptocurrency started out unregulated, but now its investment is common in the financial world. Even though the prices of cryptocurrencies can change quickly, many people are still looking for the next big investment. Keep reading to explore what cryptocurrencies might …
Continue reading “What’s the Next Axie Infinity? Next Crypto for High Gains”
The potential in blockchain technology-backed cryptocurrencies can’t be ignored for long. Along With other countries, India’s crypto ban has gone away, but taxes are now high, and you want to invest in crypto as an investment. But now the serious question is, “What is the best cryptocurrency that is currently being traded mostly?” There are …
Continue reading “Indian Crypto Projects – What’s the Next Polygon?”
The Department of Financial Protection and Innovation (DFPI) of California has initiated an investigation against crypto companies providing interest-bearing accounts. A crypto interest account is generally crypto platform’s offering that lets you lend cryptocurrency in exchange for earning interest. The regulator stated in an announcement on Tuesday, “The Department is investigating whether other crypto-interest account …
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As the demand for cryptocurrency custody among users in Switzerland increases, the Post Office of Switzerland is planning to introduce cryptocurrency trading through its banking subsidiary, PostFinance. Within the next two years, it is anticipated that the approximately 2.7 million people who presently bank with PostFinance, which is the fifth largest bank in the country, …
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Celsius network released a statement on Wednesday stating that it has filed for chapter 11 bankruptcy The firm will continue to stay operational and has $167 million in cash to proceed with further developments. After going through multiple tribulations in the past few weeks, Celsius Network has now filed for Chapter 11 bankruptcy. The company …
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On July 14, 2022, the Web3 tech firm MetaWin announced the official launching of its NFT-backed tournament. The NFT-based prize tournament will allow participants to win the coveted Blue-chip tier NFT Moonbird #2678, worth roughly 26ETH. The new NFT tournament will last for seven days, giving championship qualifiers an equal chance to compete for their …
Defi Coin Price Forecast: July 13 DEFC has resumed an upward correction as it rebounds above $0.1156. The bullish momentum is approaching the 50-day line SMA. A break above the 50-day line SMA will signal the resumption of the uptrend. DEFC Price Statistics Data:DEFC price now – $0.1143DEFC market cap – $1,333,580DEFC circulating supply – …
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Hyosung America has signed a partnership deal with cash-to-crypto provider DigitalMint that enables Bitcoin (BTC) purchasing across the firm’s 175,000 ATMs located in the U.S. Apart from offering its own BTC and Litecoin (LTC) payment rails such as ATMs, bank wires and tellers, DigitalMint also provides software API integrations that allow retailers or ATM operators …
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Layer-2 scaling platform Polygon has been selected to partake in Disney’s 2022 Accelerator Program to build on Polygon’s web3 technology, which will commence this week. The Ethereum scaling platform is one of six projects to be accepted into the Accerator Program, which is focused this year on augmented reality (AR), non-fungible tokens (NFTs) and artificial …
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Despite a major decline in trading volume across the broader non-fungible token (NFT) market, a single CryptoPunk has sold for a whopping 2,500 ETH which equates to a price tag of just over $2.6 million. The $2.6 million transaction makes the sale of CryptoPunk 4464 — one of just 24 ape-themed CryptoPunks — the largest …
Continue reading “CryptoPunk sells for $2.6M as big NFT brand floor prices increase”
The native token for the embattled crypto brokerage Voyager Digital has skyrocketed in what seems to be a new effort to inflate its price seemingly inspired by the recent “CEL short squeeze.” On July 13, Voyager’s VGX token surged 178% to hit an intraday high of $0.891 before falling back to around $0.559, according to …
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CNBC reported Wednesday night that Celsius has informed: “state regulators that it’s filing for bankruptcy ‘imminently.” The company will move toward chapter 11 bankruptcy as it struggles to deal with its liquidity issues. Early Thursday morning, Celsius announced that they had, in fact, “initiated voluntary Chapter 11 proceedings.” In the press release, Celsius revealed it …
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Bored Ape critic Ryder Ripps and the founder of NFT marketplace Not Larva Labs, Jeremy Cahen, have secured the services of a defense counsel for their upcoming legal tussle with Yuga Labs. According to the press statement, Ripps employed the services of Louis Tompros of WilmerHale and Alfred Steiner of Meister & Steiner PLLC. PRESS …
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About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have less than one year of experience and thus may be in need of relevant crypto education. Crypto Winter Effect Around …
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post Office’s Banking Arm to Enter Crypto Market The banking and financial services arm of Swiss Post, the state-owned enterprise responsible for Switzerland’s postal and other …
