Bitcoin (BTC) continued its pattern of sudden price spikes on Nov. 24 as sudden momentum produced a brief trip above $57,400. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: 2021 still conforms to bullish pattern Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making skittish moves within a familiar range during Wednesday. The pair reached highs of $57,875 on Bitstamp…
Regulatory discussions in India around a crypto ban caused panic selling on major crypto exchange WazirX, resulting in massive price drop on leading cryptocurrencies including Bitcoin (BTC) and Ether (ETH). Crypto prices in India crashed soon after the parliament announced to introduce and list 26 new bills in the Winter Session, which included the Cryptocurrency and Regulation of Official Digital…
Best known for creating the augmented reality (AR) mobile games Ingress and Pokémon Go, the software company Niantic revealed it has partnered with the bitcoin rewards company Fold. The two companies unveiled a new AR game that allows people to earn bitcoin in the metaverse. Bitcoin Rewards Firm Launches Fold AR The bitcoin rewards application Fold has announced a new…
Ripple, the digital payment network, has partnered with the Republic of Palau to help the Pacific island nation develop its own digital currency. The initial focus of the partnership will see the development of a USD-backed digital currency to help facilitate cross-border payments for the nation. The collaboration “could see the implementation of the world’s first government-backed national stablecoin in…
press release PRESS RELEASE. The gaming business is undergoing a revolution thanks to the advent of blockchain technology. Because of this, it’s giving developers a new way to engage the audience with capabilities that were previously unavailable. The Play-To-Earn (P2E) concept, in which gamers’ are rewarded for their time with tokens that can be exchanged for real money, is already…
Metaverse Group, which is headquartered in Decentraland, announced on Nov. 23 that it had completed what it calls “the largest Metaverse land acquisition in history.” The subsidiary of Tokens.com snapped up 116 parcels of land “in the heart of the Fashion Street district” in Decentraland. The total size of the land purchased is equivalent to 6,090 square feet of land…
Australian superannuation fund Rest Super is set to become the first retirement fund in the country to invest in cryptocurrencies. The fund has more than $46.8 billion worth of assets under management (AUM) and around 1.8 million members. Superannuation is the equivalent of a 401k or Individual Retirement Account in the U.S. and is compulsory for all employees. Until now…
The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn Foundation Secures $20 Million NFT marketplaces and web platforms have seen a lot of investments over…
Fold will offer a new AR bitcoin-seeking experience to its users in a partnership with Pokémon Go maker Niantic.Fold users will be able to search for and collect real bitcoin prizes around them.The AR experience will be progressively enabled in the Fold app, and users can sign up to be notified when it’s live. Bitcoin rewards and payments app Fold has…
Earlier this year, the three top U.S. banking regulators—the Federal Reserve Board of Governors, the Federal Deposit Insurance Corporation (FDIC) and the Comptroller of the Currency (OCC)—finished several “policy sprints” designed to ready the country for crypto banking regulations. Now, the agencies are ready to stretch their legs and run a marathon. In a joint statement today, the Fed, FDIC,…
