Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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The Emerging Market of Crypto Carbon Offsets Attracts DeFi Projects and Investors like Mark Cuban
The fight against global warming spurs various initiatives that, in turn, create financially progressive markets. One of them is the fast-developing market of crypto carbon offsets. And, according to a report from The Wall Street Journal (WSJ), millions of carbon credits are now linking with cryptocurrencies. Furthermore, this connection lures numerous DeFi projects and long-time crypto investors like billionaire Mark Cuban. Last year, we saw the first carbon-neutral ETFs. This new development could lead to creating a multi-billion market with…
3 years ago
Heroes of NFT Unveils its First Collectible NFT Card Game on Avalanche
Heroes of NFT, a metaverse gaming environment where players can create their Metasphere, has launched its collectible card game on Avalanche. The game involves players roaming the universe, interacting, and trading Avalanche NFTs with other users while enjoying play-to-earn games in battle arenas. While waiting in the lobby, players can play various games besides the initial one, Heroes of NFT. The Heroes of NFT team have created an innovative division of labour mechanism in the game's ecosystem. Through this innovative…
3 years ago
Crypto.com Becomes A Financial Backer Of the Australian Football League
Crypto.com has taken yet another foray into the highly crypto-loving world of sports. The exchange recently signed a 5-year deal with The Australian Football League (AFL) to finance the Toyota AFL Premiership Season. It’ll also support the NAB AFL Women’s championship, making it the first crypto platform to sponsor a women’s sports contest. Crypto.com Partners w/ AFL The exchange announced its new partnership in a blog post earlier today. The deal makes Crypto.com the “Official Cryptocurrency Exchange and Official Cryptocurrency…
3 years ago
Spain To Crack Down On Crypto Influencers
Spain will crackdown on crypto influencers to protect investors and combat crypto scams. New regulations will require big influencers to notify authorities before promoting crypto. They will also have to warn of the risks associated with crypto investing. Moreover, influencers will have to disclose to their fans that they are getting money to promote crypto. Influencers that don't follow these rules will have to pay steep fines. New rules mean that influencers will have to disclose their affiliation with crypto…
3 years ago
WMA: Bitcoin and Most Altcoins Are Back Trading in the Green
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,088 trillion. Bitcoin is up by almost 3% after a week of recovery. Ethereum increased by roughly 7% after seven productive days. XRP is up by almost 43% this week. Most altcoins are trading in the green, with very few exceptions. The DeFi sector added over $3.5 billion to the Total Value Locked in…
3 years ago
Crypto Jobs Up 395% – Texas and Florida Lead
Crypto-related job postings skyrocketed last year, following the strong performance of crypto markets. Texas and Florida emerged as new hubs for crypto jobs. LinkedIn has reported an astonishing 395% growth of job postings related to crypto. A survey by Linkedin showed a sharp rise in job postings with terms like "cryptocurrency", "bitcoin", and "blockchain" in 2021. Moreover, the growth in crypto jobs outpaced the broader tech industry, which saw a 98% increase in listings. Most job postings were in finance…
3 years ago
Kim Kardashian and Mayweather Jr. Face Pump n’ Dump Crypto Lawsuit
Kim Kardashian has allegedly tricked investors into a cryptocurrency scam involving EthereumMax. She is part of a group of celebrities, including Floyd Mayweather Jr. and Paul Pierce, accused of a “pump n’ dump” scheme. They convinced millions of their social media followers into buying the digital coin. Then, once its price inflated, they sold their holdings for a considerable, yet illicit, profit. Some of the victims filed a class-action complaint last Friday in the U.S. District Court for the Central…
3 years ago
Rio de Janeiro Will Allocate 1% Of Treasury To Bitcoin
Talks about Bitcoin in Brazil are commonplace, but concrete political action has now been taken to adopt it. Eduardo Paes – mayor of Brazilian city Rio de Janeiro – recently announced plans to invest 1% of the city’s treasury in Bitcoin. His city will join a list of other political jurisdictions making small allocations to the cryptocurrency, eyeing its long-term potential. Rio Hops On Bitcoin Paes announced the city’s new plans in a presentation at Rio Innovation week in conversation…
3 years ago
AidiVerse Review – The Blockchain Ecosystem for Everything DeFi
AidiVerse is a blockchain-based ecosystem aiming to provide several crypto assets and utilities. The project plans to deliver everything DeFi, including an NFT platform, P2E gaming, and decentralized exchange services. Furthermore, it should soon expand to incorporate yield farming, asset performance analytics, and even physical merchandise. These features and many more should help AidiVerse rival more established blockchain ecosystems in the cryptosphere. This short review looks closer at this up-and-coming project, its tokenomics, and its roadmap. What is AidiVerse? Blockchain…
3 years ago