The price of Axie Infinity (AXS) is up a whopping 21% over the last 24 hours, currently trading at $12.35, further contributing to its 80% rally that started two weeks ago, per data from CoinGecko. The circulating supply of AXS, the governance token behind the NFT collectible game Axie Infinity, also increased today, with nearly 2% of the token’s total…
Amid bullish action on cryptocurrency markets, Bitcoin (BTC) mining firm Argo Blockchain has regained stock listing compliance with Nasdaq. Argo officially announced on Jan. 23 that the company regained compliance with Nasdaq’s minimum bid price rule amid the share price recovery. The Nasdaq stock market listing qualifications department has informed Argo that it successfully met a requirement to maintain a…
Bitcoin continued to hover around the $23,000 level on Jan. 23, as bullish sentiment remained high in markets. Over the weekend the world’s largest cryptocurrency rose to its strongest level since August, with bulls moving to consolidate these gains. Ethereum also traded in the green today, remaining above $1,600 in the process. Bitcoin Bitcoin (BTC) continued to trade near a…
Companies, celebrities, and influencers who hawk crypto will soon have to warn potential buyers that the investments they peddle may lead to financial ruin—at least in one jurisdiction. On Monday, South Africa’s Advertising Regulatory Board released new guidelines obliging crypto advertisements to “expressly and clearly state that investing in crypto assets may result in the loss of capital as the…
Cathie Wood’s Ark Invest offloaded a chunk of its Grayscale Bitcoin Trust (GBTC) shares since November’s Bitcoin (BTC) price lows, the latest data shows. Cathie Wood’s Ark short-term cautious on GBTC Ark Invest added 450,272 GBTC shares worth $4.5 million to its ARK Next Generation Internet ETF (ARKW) in November 2022. At the time, GBTC was trading in the $7.46-$9.48 range versus…
Satya Nadella, CEO of Microsoft, has given his opinion about the metaverse and the impact that the tech might have in the future. In a conversation with Klaus Schwab, chairman of the World Economic Forum (WEF), Nadella stated that the sense of presence achieved while interacting using metaverse tech is “game-changing.” Microsoft’s Satya Nadella Talks Metaverse Benefits Satya Nadella, CEO…
As Brazil and Argentina started preparatory work for a potential common currency, Coinbase CEO Brian Armstrong floated the idea of the two countries moving to Bitcoin (BTC). This sparked various discussions over the viability of BTC as a national currency. On Jan. 22, the two South American countries announced their preparations to discuss a plan for a common currency that…
Anatoly Legkodymov, the founder of China-based crypto firm Bitzlato, was arrested under suspicion of money laundering related to illicit Russian finance. Source: https://cointelegraph.com/news/enforcement-goes-on-with-bitzlato-action-law-decoded-jan-16-23
Signature Bank’s customers facilitating fiat operations with Binance will not be able to make SWIFT transfers of less than $100,000, according to the crypto exchange. “One of our fiat banking partners, Signature Bank, has advised that it will no longer support any of its crypto exchange customers with buying and selling amounts of less than 100,000 USD as of February…
A new survey from CoinWire revealed that the majority of users believe the metaverse will reshape their social life and interactions. Source: https://cointelegraph.com/news/69-users-bet-metaverse-entertainment-will-reshape-social-lifestyle-data
