• January 21, 2022

Chinese Central Bank has Proposed to Monitor NFTs and Metaverse

China is not at home with the idea of decentralization, but then it never was. The only thing which troubles crypto analysts devising an understanding of why China is so against cryptocurrencies is the confusion that why didn’t China speak earlier when the crypto mining business was booming within the region? Why wait all those…

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Crypto Analyst Says Bitcoin will Rise Above $60K Before Year-End

The flagship cryptocurrency was reduced to the lowest price in months in the aftermath of the latest COVID variant scare. However, technical analysts claim that bullish sentiment is developing for the top coin based on several indicators. The independent crypto market analyst Michael Van De Poppe recently shared that owning to the boost in sentiment…

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IRS Chief Predicts Crypto Seizures Totalling Billions of Dollars Next Year

Speaking to the media, IRS Chief, Jim Lee, claimed that the federal regulator is going to confiscate billions of dollars from the cryptocurrency market and traders in 2022. Commenting on the matter of crypto regulation, he claimed that 2021 was a great year for the organization. Chief Lee told Bloomberg Crypto that during the ongoing…

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Dogecoin Holders to Face Withdrawal Issues on Binance Exchange

Binance is the largest cryptocurrency exchange platform in the world by market cap. The platform has been able to accommodate cryptocurrency traders with the ease of dealing in multiple cryptocurrency transactions without having to use several third-party applications. Recently, a meme-coin mania took the crypto community by storm, and traders were looking everywhere to get…

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Adidas Announces Partnership with Crypto Exchange Coinbase

Adidas original, which manufactures sneakers and footwear primarily, has announced a partnership with Coinbase. The nature of this partnership or the elements involved on both ends are not disclosed publicly yet. But one thing can be said for sure that it is not the first time Adidas has gone into a crypto-oriented partnership as it…

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Top Soccer Clubs have Suspended their Deals with Crypto Companies

Crypto adoption is finally hitting the sports industry, and they are chugging it up like crazy; many non-fungible tokens and blockchain-oriented projects are being discussed and franchised by various football clubs across the globe. The very reason to do so is that crypto is popular, and no one wants to feel left behind. But there…

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IMF Recommends El Salvador to Stop Using Bitcoin as Legal Tender

El Salvador remains the only country to date which accepted Bitcoin as a legal tender, whereas many other nations and countries merely tried to patronize the thought/idea of doing so. El Salvador was given a fair amount of warnings from the IMF and the World Bank against this initiative, but it didn’t bother to have…

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Grayscale Investments Questions SEC’s Decision To Discard BTC Spot ETFs

In a letter of November 29th, the SEC (Securities and Exchange Commission) of the United States has been questioned by Grayscale Investments for deciding to prohibit BTC Spot ETFs. The company has claimed that the Securities Department has no base of discriminating by permitting the investment into the market of derivatives and blocking the market…

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Meta’s Cryptocurrency Head Is Leaving the Company At This Year’s End

Meta’s fintech unit and crypto’s head, David Marcus, will resign from his position at this year’s end. The new face on his place will be Upwork’s former CEO, Stephane Kasriel, who has been previously providing services at Facebook (former name of Meta) since August recent year. Marcus shared his decision on 1st December via a…

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Ethereum2.0 Developers Ask the Community’s Help To Test the Network Merge

The developers of ETH (Ethereum) have invited the network’s community to assist in testing the long-expected Merge among Beacon Chain, which is based on PoS (proof-of-stake), and Etherem mainnet. The Merge counts to be a prominent landmark towards the evolution in the direction of Eth2 because it will witness the transition of the Ethereum network…

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