The metaverse has managed to take over everything tech-related – even crypto. Investors are now looking for the best metaverse crypto to buy as they hope to capitalise on the recent craze around metaverses and virtual worlds. As expected, several crypto projects have already stepped into the metaverse and are building their worlds. Here’s a …
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A closely followed crypto strategist is predicting what’s in store for Bitcoin (BTC) and smart contract platforms Ethereum (ETH) and Solana (SOL). Pseudonymous crypto analyst Pentoshi tells his 475,500 Twitter followers that while he’s bearish on BTC, he expects it to bounce before continuing its corrective trend. “BTC. Bias is still this for the lower …
Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of renewable energy for Bitcoin mining. In a recent interview with the Financial Times, Thedéen said that Bitcoin (BTC) mining has become a “national issue” and warned cryptocurrencies could pose a risk to climate change goals. He called upon …
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Receiving payment in crypto is gathering interest in Canada. A recent Capterra survey of 1,000 Canadian respondents revealed that 67% of the participants are interested in being paid in crypto in the next five years. The surveyors also found that one out of four participants already own crypto, with 58% starting their crypto journey during the …
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Uncle Sam dominates the Bitcoin (BTC) trading arena according to a report published by Arcane Research. Bitcoins’ 90-day correlation to the S&P 500 is currently at its highest since October 2020 while the United States trading hours show the most Bitcoin activity. For 2022, the U.S. trading hours show a marked increase in trading volume, …
Continue reading “43% of Bitcoin trading volume during US market hours: Arcane Research”
The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the Monetary Authority of Singapore (MAS), Singapore’s central bank, cryptocurrency ATM operators in the country were forced to shut down their operations on Tuesday. The new clampdown …
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On Tuesday 18th, Coinbase announced its partnership with payment giant Mastercard. As part of the agreement, Coinbase will allow users to purchase NFTs from its upcoming NFT marketplace via Mastercard debit and credit cards. The partnership intends to reduce friction by facilitating direct NFT purchases via debit or credit card, eliminating the step of purchasing …
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OpenSea, the leading NFT marketplace, is acquiring Dharma Labs, developers of a smart contract wallet that, for U.S. citizens, doubles as a mobile fiat onramp to decentralized finance, DeFi services through integrations with traditional bank accounts. According to an OpenSea blog post announcing the acquisition, OpenSea’s interest in Dharma Labs comes from Dharma’s “experiences for …
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Disclaimer: This article contains technical analysis, which is a methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. The content presented in this article is the opinion of the author. None of the information you read on CryptoSlate should be taken as investment advice. Buying and …
Decentralized financial reserve protocol OlympusDAO recently announced a collaboration with Balancer Protocol. Olympus, which provides sustainable compounding interest through its community-owned treasury, recently made a move to relocate a portion of its liquidity to one of the leading DeFi protocols. OHM as a liquid asset within the Balancer ecosystem OlympusDAO will deploy $50 million of …
In a bid to restrict misleading ads concerning cryptocurrency, the UK Treasury on Tuesday announced its plans to regulate cryptocurrency advertisements as other financial products and ensure that the ads concerning crypto adhere to proper and ethical advertising standards to limit the spread of false information. UK’s crackdown on misleading crypto ads The UK treasury …
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Music has stood at the core of entertainment since the dawn of civilization. Today, at the heyday of the digital age, we find we’re so used to it that sometimes we don’t even notice it anymore: for example, when did you last pay attention to the background soundtrack in a movie or a video game? …
Continue reading “Music to grow body in metaverse, start new age of connection and immersion “
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The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a better alternative store of value than cryptocurrencies. Better Inflation Hedge Mark Bristow, the CEO of Canada-based Barrick Gold Corp., recently argued that …
Continue reading “Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto”
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia. Illegal Crypto Farm Burns 1.3 …
