E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and…
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Bitcoin price broke the USD 20,500 support and tested USD 20,000. It is currently (11:52 UTC) showing bearish signs near USD 20,100 and is down almost 5% in a day and 3% in a week. Similarly, most major altcoins are moving lower. ETH is down 9% and trading below USD 1,150. XRP is approaching the…
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The crypto market saw losses across the board on Wednesday as bitcoin (BTC) once again dipped below the USD 20,000 mark, and some analysts pointed to a risk of further downside. On Wednesday at 10:30 UTC, BTC stood at USD 20,123, down by 4% for the past 24 hours and by 3% for the past…
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A wealthy expat Salvadoran is set to fund a USD 200m solar-powered Bitcoin (BTC) mining facility – and appears to have the backing of the government. Per ElSalvador.com, the website of the newspaper El Diario de Hoy, Milena Mayorga, El Salvador’s Ambassador to the United States, has spoken about the plan, which was masterminded by…
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The authors of a new report claim that Ethereum (ETH) is “ready” for use in the world of business – albeit with “some caveats.” The report was compiled by the Ethereum Enterprise Alliance (EEA) – a business-focused affiliate of the Ethereum Foundation. Its authors claimed that while the “pieces are in place” for “the safe and…
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The crypto-positive financial services company looked at Bitcoin prices at intervals following regulatory events and found clear evidence of the events’ effects. The need for regulation is a common theme in discussions about cryptocurrency, and the claim is often taken to be self-evident. Now, financial services company New York Digital Investment Group (NYDIG) has done…
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The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024. The provision in the U.S. infrastructure bill signed into law in November, which will require financial institutions and crypto brokers to report additional information,…
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Eminem and Snoop Dogg switched between themselves and their Bored Ape Yacht Club characters in their newest music video. In this week’s newsletter, read about Meta’s plans to expand their nonfungible token (NFT) testing on Instagram and Facebook. Check out how soccer legend Cristiano Ronaldo is planning to introduce his fans to Web3 through NFTs…
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STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse. Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed…
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“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun. The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto asset service providers, or CASPs. In…
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