Tag: bitcoin trader

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LUNA flips Ethereum becoming second largest network for staked value

Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value. According to data from Staking Rewards, Terra (LUNA) has flipped Ethereum (ETH) in terms of staked value, with $29.5 billion worth of LUNA locked up compared to…
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Malaysia’s Deputy Finance Minister: Crypto Not Suitable as Means of Payment or Store of Value

Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment or a store of value. While digital assets are not recognized as legal tender in Malaysia, the finance ministry official said that they are an asset class that can be invested in. Deputy Finance Minister…
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The Sandbox Metaverse hits 2M users, begins K-Pop partnership

There are 200 quests in which players can complete to earn a chance of getting an Alpha Pass NFT, which will reward the owners up to 1,000 SAND worth roughly $3,000 at current prices. The Sandbox metaverse game owned by NFT investment giant Animoca Brands has surpassed 2 million registered users amid its play-to-earn season…
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Brooke Shields, MAKE International, Casper Association and WISeKey Unveil First Secure NFT Minted From Space Featuring Shields’ Digital Imagery

PRESS RELEASE. NASDAQ and Times Square, New York – March 3, 2022: Brooke Shields, Make International and CasperAssociation have joined forces with leading global cybersecurity, AI, Blockchain and IoT company WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY) to unveil an industry-first Non-Fungible Token (NFT) minted from space on the Casper Blockchain featuring authenticated…
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OpenSea updates banned countries list sparking decentralization debate

The world’s largest NFT marketplace has confirmed that it blocks users based on the U.S. sanctions list. U.S.-based NFT marketplace OpenSea has reportedly begun barring Iranian users from its platform, sparking outrage from NFT collectors and raising fresh debate about decentralization in the crypto space.  On Thursday morning, Iranian OpenSea users started posting on Twitter…
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Study: 77% of Saudis Aware of Cryptocurrencies, Only 18% Currently Buying and Selling

More than three-quarters of Saudi Arabian residents are aware of cryptocurrencies, a new Yougov survey has found. However, the study also found that only 18% of those surveyed are presently buying and selling cryptocurrencies. Easy Accessibility of Virtual Coins According to the findings of a Yougov survey, about 77% of Saudi Arabian residents are aware…
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Billionaire Bill Miller Shares Current Crypto Outlook: ‘It’s Very Bullish for Bitcoin’

Veteran investor and fund manager Bill Miller explains why he thinks that it is currently “very bullish for bitcoin.” Miller noted that Russia has almost 50% of its reserves in currencies that are controlled by people who want to do them harm. Bill Miller’s Crypto Outlook: ‘It’s Very Bullish for Bitcoin’ Famed value investor Bill…
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Ethereum price finally topped $3K, but data suggests a reversal is nowhere in sight

ETH traders were excited by the recent break above $3,000, but a handful of data points suggest that Ethereum price will stay in a downtrend. There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutral or short,”…
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NFT infrastructure startup Rarify raises $10M from Pantera Capital

Rarify’s valuation has shot up to $100 million following the latest funding round, as the firm works to provide scalable NFT APIs for the commercial sector. NFT infrastructure startup Rarify has raised $10 million in Series A funding from Pantera Capital at a valuation of $100 million. The backing from Pantera Capital appears significant as…
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Russian crypto volume across major exchanges plunges by 50%

Despite an increase in economic sanctions on Russia, the amount of crypto being purchased in rubles across major exchanges continues to fall. Data from blockchain-analysis firms show that Russian denominated crypto purchasing and trading on major exchanges have faltered, debunking theories that the country will pivot to digital assets to circumvent sanctions.  When Bitcoin rallied…
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