Some obscure – and some brand new – digital tokens soared higher in price today after comments from a US Congressman during a hearing at the US House of Representatives went viral in the crypto community. Commenting during Wednesday’s hearing on Digital Assets and the Future of Finance at the House Committee on Financial…
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Competing systems for settlement of “multiple assets and currencies” may emerge, and it is the job of central banks to ensure the maintenance of “equitable access” to central bank-issued money, a new report from the Bank for International Settlements (BIS) has said…. Read More: Central Banks Test CBDC as ‘Multiple Assets and Currencies’ Coming…
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Japan’s top financial regulator will block firms outside the world of conventional finance from issuing fiat-pegged stablecoins, a leading media outlet has claimed. Per reports in both Japanese and English from Nikkei, the Financial Services Agency (FSA), the government organ that oversees the financial industry and the crypto sector, is looking “to propose legislation…
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The file sharing token bittorrent (BTT) surged higher in the crypto market today, following the news that the mainnet of its own BitTorrent Chain will be launched on December 12, along with a redenomination of all circulating tokens…. Read More: BitTorrent Token Surges as Mainnet Launch Date Gets Confirmed Read more »Pay, Trade, Buy…
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Crypto market sentiment dropped for the third week in a row, now standing quite close to the bottom line of the 5-6 range. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.18 today, whereas it was 5.22 a week ago, according to data provided by the market sentiment…
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Binance Smart Chain (BSC) has unveiled a USD 200m investment program developed in partnership with Animoca Brands, a company focused on non-fungible token (NFT) and gaming digital property rights – aiming to finance early-stage blockchain-based gaming startups. BSC is a blockchain network built for running smart contract-based applications, launched by major crypto exchange Binance. ……
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The Cardano network’s native token ADA rose in the market today ahead of an expected testnet launch for one of the blockchain’s first decentralized exchanges (DEXs), SundaeSwap, this weekend. At 11:00 UTC on Friday, ADA was up by 4.8% over the past 24 hours to a price of USD 1.66, making it today’s best…
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Many new players of the popular play-to-earn game Axie Infinity (AXS) join not through the standard procedure of buying the Axies they need in order to play, but instead by borrowing them from existing users, helping “the rich get richer” within the game, a new research claims…. Read More: This Trend in Axie Infinity…
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The IOTA network’s MIOTA token stood out as one of the strongest performers in the crypto market today, after the team behind it announced a new smart contract network known as Assembly based on IOTA’s smart contracts framework…. Read More: IOTA Rises as New ‘Feeless’ Smart Contract Network & Airdrop Announced Read more »Pay, Trade,…
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Bitcoin price extended decline below the USD 56,500 support. However, BTC stayed above the USD 55,500 support. It is slowly recovering and is currently (11:30 UTC) facing resistance near 57,200. The main hurdle is still near USD 58,000. Besides, most major altcoins are trading above key supports. ETH spiked below USD 4,500, but it stayed…
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