Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report

The potential acquisition would follow Coinbase CEO Brian Armstrong announcing plans to expand to every country in which the exchange can legally operate.

Why can’t we have more P2E games on Android and iOS?

Almost all of the games I saw could be played in a browser or on a PC or Mac. I know a few great games like Metagear, and Axie infinity (not even sure if this is still great lol but I’m still playing it), but other than those, I haven’t found a good P2E games…
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Valkyrie Launches its First Multi-coin Trust

submitted by /u/Horror-Set-7175 [link] [comments]

Bitcoin Google Searches Down to Lowest Levels Since 2020

submitted by /u/PrinceZero1994 [link] [comments]

Metaverse Tokens On Overdrive, Outpace Bitcoin And Ethereum

Trading volumes plummeted to at most 74% showing top metaverse tokens on hyperdrive as they outperform the market, surpassing the gains of their contemporaries by a huge margin. In fact, the entire metaverse market value has jumped by 6.5% or a whopping $31.1 billion in just 24 hours. Wednesday showed a bit of improvement in the crypto market with Bitcoin pulling off a major stunt at a hike of more than 3% with the rest of the other major cryptocurrencies blinking green. It’s a major sigh of relief for many crypto investors and traders awaiting that upward trend movement. Metaverse Tokens Vs Crypto Giants To everyone’s surprise, metaverse tokens like GALA, Sandbox (SAND), and Apecoin (APE) bowled-over the major players like Bitcoin and Ethereum.  APE has remarkably increased by over 34% in 24 hours, topping off the list of gainers. The rapid developments happening with SAND and APE seem to have stirred interest and put the spotlight on the metaverse tokens. Now, investor eyeballs are on these top metaverse tokens.  Suggested Reading | Crypto Quick Look: BTC Touches $42,000, ETH Notches 10-Day Peak BTC total market cap at $815.46 billion on the daily chart | Source: TradingView.com BTC total market cap at $1.96 trillion on the daily chart | Source: TradingView.com The APE daily trade volume rose to approximately 360% as of presstime. In addition, APE has also overthrown Decentraland (MANA) which was originally coined as the biggest token in the metaverse.  The majority of Ethereum whales are heavily invested in GALA, APE, SAND and other high-performing metaverse tokens. These belong to the top 10 tokens generating the most sales in the virtual space.  The recent gains just pumped up the excitement further. No Other Way But Up The spike in the metaverse tokens is said to be triggered by a couple of factors such as APE being recently added to the Gemini trading platform and also Yuga Labs’ rumored launch of Otherside that is valued at 600 APE. More so, Sandbox trading volume has risen by as much as 65% in the last 24 hours. Thanks to a Bloomberg story, Sandbox popularity has risen, pooling as much as $400 million in investments.  Suggested Reading | Bitcoin Bounces Back Past $40,000, But May Struggle To Maintain Position SAND has also spiked to around 8% in the last seven days with a market cap amounting to more than $3.4 billion. The metaverse realm is highly optimistic about this upsurge which also fueled the curiosity of many investors to deep-dive into these digital assets.  While Bitcoin and Ethereum alongside other major cryptocurrencies remain to kill it when it comes to popularity vote, metaverse tokens are surely keeping up with the pace. Featured image from Coingape, chart from TradingView.com 

Direct fiat–>L2 on-ramping? (or, “L2 the easy and cheap way?”)

Last I checked (and it has been a while in crypto-time), acquiring L2 tokens, currency, whatever has involved 1) acquiring Ether and 2) converting it or "sending" it to L2. And (again, been a while) it cost a fortune relatively speaking to do so. Are there simple, direct ways to put fiat in and get…
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As labor struggle takes center stage, can DAOs democratize work?

DAO structures could provide workers with greater ownership and decision-making opportunities, but how soon will these models be implemented?

US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential

In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based Bitriver and Its Russian Subsidiaries Blacklisted by United States The […]

More institutions are looking to invest in crypto, says NEAR Foundation CEO

In an interview at the Paris Blockchain Week Summit, NEAR Foundation CEO Marieke Flament shared insights on institutional investments, regulation and DAOs.

Russian central bank needs to ease up digital asset projects, governor says

Elvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy.