In brief Axie Infinitys Ronin sidechain for Ethereum now has its own decentralized exchange called Katana. Katana lets users swap tokens without bridging to Ethereum. It also has a new ecosystem token of its own called RON. Ethereum-based play-to-earn game Axie Infinity exploded in popularity this summer following the launch of Ronin, a custom sidechain that enabled speedy, low-cost transactions.…
Paytm, India’s leading digital payments company, said Thursday that it would consider Bitcoin services if the country’s regulatory framework for cryptocurrencies was more definite. Speaking to Haslinda Amin and Rishaad Salamat during an interview on Bloomberg TV, Paytm’s chief financial officer Madhur Deora stated that the rules surrounding Bitcoin (BTC) remain in a grey area in India. Bitcoin is still…
Googles parent company Alphabet has made a $1 billion equity investment in the Chicago Mercantile Exchange Group, the exchange responsible for many crypto derivatives products. In a Nov. 4 notice to investors, the CME Group announced the $1 billion investment from Alphabet in addition to a 10-year strategic partnership with Google Cloud aimed at accelerating the exchanges move to the…
The hottest meme coin of the moment was hit hard by a huge sell-off yesterday: Shina Inu, or SHIB, is down roughly 27% in the past 24 hours, according to CoinGecko data. SHIB, an Ethereum-based token that shot up in value by over 800% last month, was trading at $0.00004593 at the time of writing, losing more than a quarter…
Watch This Episode on YouTube Watch/Listen To This Episode: In this episode of Bitcoin Spaces Live hosted by Bitcoin Magazine, Michael Saylor and Greg Foss discuss Bitcoin and how there is no “second best” cryptocurrency. They cover Microstrategy’s Bitcoin accumulation strategy, the demonetization of gold and other assets, Bitcoin ETFs, El Salvador, digital energy, property rights and militaries, orange pilling…
In brief Major game publisher Electronic Arts sees potential in the NFT and play-to-earn gaming spaces. EA CEO Andrew Wilson discussed the opportunity on a quarterly earnings call Wednesday. Electronic Arts (EA), one of the largest traditional video game publishers, has yet to dip its toe into the crypto gaming and NFTsspace in the way that rival Ubisoft has. However,…
The Latin American Bitcoin and Blockchain Conference (LABITCONF) is coming to San Salvador, El Salvador, where their event is set to bring together many of the smartest minds in the Bitcoin industry, as well as local entrepreneurs, for a special Bitcoin event. And being located in the only country in the world where bitcoin is legal tender, they couldn’t have…
Over 300 million customers and 20 million merchants in India could have access to Bitcoin services through the nation’s largest payments provider. Regulatory uncertainty on BTC is preventing Paytm, India’s digital payments pioneer, from launching Bitcoin-related offerings in its platforms. A ban on Bitcoin went live in India in 2018 but was lifted last year. India’s lack of regulatory clarity…
At the end of October, the product comparison website finder.com published new survey data about price predictions concerning the leading crypto asset ethereum. On November 1, Finder’s researchers published price predictions for the ethereum competitor solana, as Finder’s panelists predict the digital asset is expected to reach $235 by the year’s end and $1,178 by the end of 2025. Solana…
Bitcoin’s (BTC) pullback from its record high of $67,000 to below $60,000 has not deterred bulls from eyeing another peak level ahead, per an indicator that attempts to predict market bottoms and tops. Dubbed MVRV, the risk metric represents the ratio of Bitcoin’s market value to its realized value similar to the price to book (P/B) ratio that compares acompany’s…
