Saturday, January 29, 2022

Grayscale considers VeChain and Iota as Coinbase lists 4 low-cap coins

Grayscale, the world’s largest crypto asset manager, has added 25 coins to the list of assets it is considering adding to its investment products, including VeChain (VET), Iota, Monero (XMR) and Axie Infinity (AXS).Other assets under consideration are Algorand (ALGO),...

Apple stock jumps after CEO reveals it’s investing in the Metaverse

Apple's stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse space.When asked during the call on Thursday about Apple’s opportunities within the...

Web3 innovations are replacing middlemen with middleware protocols

Cryptocurrencies and the wider blockchain ecosystem are helping change the status quo of how we conduct our day-to-day lives. With these emerging technologies, Web3 is being ushered in as a permissionless and open innovation using middleware blockchain protocols. By...

Belgian MP becomes first European politician to accept salary in Bitcoin

Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin.The Brussels MP’s monthly salary of EUR 5,500 ($6,140.75) will...

The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership

Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals.SAND rose 10.23%...

Ethereum failing to target core Web3 issues, says Near co-founder

Illia Polosukhin, the co-founder of Near Protocol, thinks Ethereum development has a focus problem. He says engineers should be fixing crucial issues that will enable Web3 to scale to billions of users. “We need simplicity of usage. We need...

Anchor protocol’s reserves head toward depletion due to lack of borrowing demand

Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days, according to Terra.Engineer. Since the beginning of December, the amount of Terra USD Stablecoin (UST) held in...

OpenSea reverses limits on minting after community backlash

NFT marketplace OpenSea has backflipped on a controversial decision to limit the number of NFTs and collections creators can mint using its smart contract.The platform previously allowed unlimited collections and items, but changed its policy to only allow five...

Bybit donates $134M to BitDAO and integrates Arbitrum

The news about crypto derivatives exchange Bybit was two-fold Thursday, as the company announced via Twitter its $134 million contribution to the BitDAO Treasury in the form of Ether (ETH), Tether (USDT) and USD Coin (USDC), as well as...

Bitcoin ‘Doji’ points to bullish reversal scenario as BTC holds $36K support

It is not too late for Bitcoin (BTC) to reclaim its bullish bias as it halfway paints an indecisive 'Doji' candle on the weekly chart.In detail, Bitcoin's price correction this week to below $33,000 had it form a lower...

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