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…
Featured on homepage
Crypto Mom Blasts Gary Gensler’s “Wild West” Label Of Crypto Industry
SEC commissioner Hester Peirce, a.k.a. crypto mom, recently posted a transcript of her speech at the Texas Blockchain Summit. In her remarks, she re-characterizes SEC Chairman Gary Gensler's oft-used "Wild West" criticism to compliment crypto. But, then, she follows up with some very critical questions of the chairman's regulatory approach thus far. 'Lawless in Austin': Peirce's Speech She posted her speech on October 8th, but it only gained traction recently after Peirce shared it through her Twitter. Providing a link,…
4 years ago
Bored Ape Yacht Club Just Signed With Madonna’s Talent Manager
The “Bored” Ape Yacht Club has much to be excited about going forward. The collection’s creators– Yuga Labs– recently signed on with Guy Oseary, founder of celebrity music management group “Maverick”. Maverick has represented significant artists and groups, including Madonna, Britney Spears, and The Weeknd. Celebrity Ape Yacht Club? Variety magazine announced the NFT developer’s partnership on Monday. Oseary and Yuga Labs have some “exciting initiatives” in the works for the NFT community. They will reveal specifics on these initiatives…
4 years ago
Vitalik is Wrong About Bukele’s Bitcoin Mandate
Ethereum’s founder just called The Bitcoin Law “reckless” and opposed to freedom. But it’s the most practical way forward for the well-being of El Salvador. The Article 7 Controversy On June 9th, 2021, El Salvador made world history by passing a digital currency, Bitcoin, as legal tender alongside the US Dollar. President Nayib Bukele and Strike developer Jack Mallers announced the law at the twelve thousand-person Bitcoin conference. The crowd received the news with thunderous applause, and congress cast an…
4 years ago
How Users Earn Cryptocurrency with Instars.com
In recent times, blockchain technology continues to gain traction in almost every industry area, with digital currencies like Bitcoin and Ethereum being the most prominent in the cryptocurrency space. But, as the world evolves, so does the trend in the crypto market. Today, significantly more people are sourcing for new digital currencies that would potentially expand and appreciate. One of these leading platforms is Instars.com, a cryptocurrency that drives the Instar Blockchain. What is Instar? Instar is an innovative digital…
4 years ago
What Next for aelf? Mapping Out the Journey Ahead
A little over a month ago, aelf launched its mainnet token swap, one of its most essential upgrades in Q3 2021. aelf aims to build a blockchain infrastructure that connects with existing ecosystems such as Bitcoin and Ethereum. According to the official website, the bridge is already running on aelf. But, what does the future hold for aelf? Let’s have a more in-depth look at the ecosystem’s roadmap! What is aelf? aelf is a digital assets technological company whose focus…
4 years ago
US Navy Engineer Caught Selling Submarine Secrets for Cryptocurrency
Jonathan Toebbe – a US Navy Nuclear Engineer – was caught leaking secrets about nuclear submarines to an undercover FBI agent. Interestingly, the engineer was selling these secrets in exchange for cryptocurrency. Selling Secrets for Crypto? Details of the recent charges were released by the Justice Department on Sunday. Furthermore, the authorities accuse Toebbe and his wife for violating the Atomic Energy Act. Simply put, this law covers the regulation and disposal of nuclear materials in the United States. After…
4 years ago
WMA: Bitcoin Close to $56K in Full Market Rejuvenation
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 $2,320 trillion. Bitcoin is up by nearly 16% after a rejuvenating week. Ethereum gained more than 4% in value over the week. XRP has increased by roughly 12% over the past seven days. Shiba Inu follows in Doge’s steps with a spectacular 220% surge. Almost all altcoins have registered significant gains this week. The…
4 years ago
Axie Infinity Review – Gameplay, Rewards, and Tokenomics
Axie Infinity is a blockchain-based pet universe where anyone can trade gametime for crypto and easily redeem it for fiat. Some call it a mix between Pokémon and CryptoKitties. Others see it as the next generation’s Fortnite. And, most people play it to earn an extra buck while watching fluffy critters battle each other. Axie Infinity embodies all these concepts but promises even more for its rapidly growing userbase. For instance, it has an extensive marketplace where players can trade…
4 years ago
Tags
Crypto RegulationTags
Crypto RegulationWhite House Considers Executive Order To Investigate Cryptocurrencies
The Biden administration is considering appointing a White House cryptocurrency czar in a new executive order. The official would coordinate with several other regulatory agencies to investigate the emerging asset class. The agencies would help provide regulatory recommendations and further information about the space. White House Prioritizes Crypto Oversight As Bloomberg reported, the appointment would be part of a government-wide effort to organize crypto regulation. Accordingly, the plan is to give organizations that pay little attention to crypto a responsibility. According…
4 years ago