BITCOIN HITS $72,000! BTC hits new ATH of $72k, flips Silver market cap. Wick lower then higher causes $350m liquidations. London Stock Exchange to consider crypto ETNs. Funding again soars before ETF buying begins. Crypto saw record $2.7bn inflows last week. MicroStrategy buys another $821m of BTC. Source: https://decrypt.co/videos/interviews/W6z0S2OZ/bitcoin-hits-72-000
While the traditional gaming industry’s free-to-play model is largely credited for its past and projected success, on the downside this model only prioritizes building games that “optimize for addiction and profit maximisation” rather than “innovative entertainment,” Weiwei Geng, the CEO of Taki Games, has argued. The Blockchain Can Revolutionize the Gaming Landscape According to Geng, […] Source: https://news.bitcoin.com/web3-gaming-offers-a-pathway-to-a-more-inclusive-and-vibrant-gaming-ecosystem-weiwei-geng/
Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the benefits of this decision for its people. According to Draper, bitcoin will make El Salvador one of the richest countries in the world in the next 30 or 40 years. […] Source: https://news.bitcoin.com/tim-draper-expects-bitcoin-to-transform-el-salvador-into-one-of-the-richest-countries-in-the-world/
Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all earnings just to display a top 10 list of the most downloaded apps. […] Source: https://news.bitcoin.com/solana-co-founder-anatoly-yakovenko-thinks-crypto-has-a-shot-at-disrupting-the-app-store-duopoly/
The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Despite his personal reservations about bitcoin, Dimon acknowledged his clients’ interest and championed their freedom to invest. […] Source: https://news.bitcoin.com/jpmorgan-ceo-jamie-dimon-says-he-wont-personally-ever-buy-bitcoin/
Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people pay for his merchandise with cryptocurrencies. “There has been a lot of use of that, and I’m not sure that I’d want to take it away […] Source: https://news.bitcoin.com/donald-trump-calls-btc-an-additional-form-of-currency-says-i-sometimes-will-let-people-pay-through-bitcoin/
The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms. ETNs Must Adhere to UK Listing Requirements The Financial Conduct Authority (FCA), the watchdog for the […] Source: https://news.bitcoin.com/uk-watchdog-says-it-will-not-object-to-crypto-etn-listing-requests/
An aggressive airdrop farming campaign helped elevate Portal to become the biggest gaming token launch so far this year. Now BlockGames, a mobile-centric crypto gaming platform, is attempting to follow a similar playbook as it gears up to launch its BLOCK token. BlockGames launched its BLOCK airdrop farming campaign on Friday, incentivizing hopeful token recipients to spread the word about…
Several NFT collections created by industry giant Yuga Labs have sunk to all-time low ETH valuations—at the same time that other NFT projects, including those acquired by the company, have grown in value on the wings of booming crypto prices. Mutant Ape Yacht Club (MAYC), for example, a collection released by Yuga in August 2021, has fallen to an all-time-low…
The immense popularity of Bitcoin Ordinals and new meme coins minted on the world’s top blockchain has brought a coalition of Bitcoin developers together to cooperatively formalize the underlying BRC-20 fungible token standard. The coalition—the newly formed Layer 1 Foundation—announced its new governance body on Monday, focused on ensuring trust and transparency around the protocol and calling it crucial for…
