MicroStrategy head Michael Saylor told Bloomberg that he is pursuing a strategy to hold Bitcoin as well as buy it, despite the fact that the price has fallen 40% from its high. He added that MicroStrategy is “not seller.” Saylor believes that Bitcoin is the best defense against inflation and that his company did the […]
Recently, American cryptocurrency organizations have been able to create their own banks. Who took the opportunity and why crypto companies create their own banks, we will tell you in this article. Office of the Comptroller of the Currency (OCC) allowed US banks to hold funds to collateralize stablecoins, which are pegged to fiat currencies, at […]
The “race of the metaverse” is gaining momentum. In October, several large companies announced their plans to create new digital worlds. These included two tech giants – Facebook (Meta) and Microsoft. Facebook Rebranding The fact that Facebook (Meta) is going to launch its own metaverse became known at the end of the summer. At the […]
Industry players began to strengthen their positions ahead of the second wave of pressure. Immediately two large Chinese companies – Ant Group and Tencent – have changed the description of non-fungible tokens (NFT) on the platforms they control. The corporations made adjustments against the background of the increased attention of the PRC regulators to the […]
Sienna announced the launch of the “automated market maker” SiennaSwap. Ecosystem participants can now convert tokens into equivalents, and then exchange or place them in liquidity pools in order to generate income. Swaps are possible on the platform paired with XMR, namely in SIENNA, Wrapped BTC, USDT, and Secret. https://twitter.com/sienna_network/status/1446273188233687043?s=20 To become a member, you […]
The instrument will appear on New York Stock Exchange under the ticker BTCR. SEC has approved an application to launch an exchange-traded fund (ETF) by Volt Equity. This information appeared on the official website of the regulator. Volt Equity ETF – the Volt Crypto Industry Revolution and Tech ETF – will track changes in the […]
The diversification of a company’s revenues through digital asset transactions is no longer surprising. On the contrary, it attracts clients from generations Y and Z, facilitates entry into open markets. Moreover, it turned out that traditional monetization models sometimes carry no less risk than cryptocurrency ones. 2R: Intersection Point There is a convergence in the […]
Due to the collapse of the price of Chia, cryptocurrency farmers are massively selling their SSD. Chia’s price doubled to $ 1,685 in week after launching but began to decline shortly thereafter. The “green alternative to Bitcoin” has lost about 90% of its value in just three months. Now, farmers who bought SSD during the […]
California-based startup Ripple has launched a payment corridor between Japan and Philippines based on its On-Demand Liquidity (ODL) product. Information about this is shared by the company. Ripple team launched a payment gate in partnership with a major Japanese remittance provider SBI Remit Co., Ltd. Philippine mobile wallet developer Coins.ph has also joined the initiative. […]
A year earlier, regulators of only 35 jurisdictions were engaged in analyzing the possibilities of issuing an instrument. Countries that account for over 90% of global GDP are engaged in exploring the possibilities of launching a central bank digital currency (CBDC). Analysts of Atlantic Council came to such conclusions. It turned out that 40% of […]
Co-founder of Twitter platform believes that BTC can become the base currency of Internet. Twitter head Jack Dorsey announced that the most capitalized cryptocurrency – Bitcoin – will become an important part of the future of his social network. According to TechCrunch he said that during a phone conversation with investors. "I think it is […]
According to analysts, the market for non-fungible tokens has exceeded $ 750 million. NFT asset data provider Nonfungible has published a report on the non-fungible token market for 2Q of 2021. According to the report, the market volume exceeded $ 750 million, while in the last quarter this figure was equal to $ 500 million. […]