[unable to retrieve full-text content]CoinspeakerForbes Establishes Permanent Residence in The Sandbox Metaverse: Landmark Move in Virtual Economy
In addition to enhancing its brand visibility and audience engagement, the presence of Forbes in the Sandbox Metaverse is expected to open up new revenue streams.
Forbes Establishes Permanent Residence in The Sandbox Metaverse: Landmark Move in Virtual Economy

[unable to retrieve full-text content]CoinspeakerJapan Grants VC Firms Direct Crypto Investment Approval
Cabinet’s decision has set the tone for a potential legal reform that will allow Japanese venture capital firms to invest in projects that issue virtual currencies.
Japan Grants VC Firms Direct Crypto Investment Approval

[unable to retrieve full-text content]CoinspeakerUniswap Unveils V4 amid Ethereum’s Upcoming Dencun Upgrade
In the wake of this momentous announcement, eyes turn toward the future as Uniswap V4 prepares to redefine the boundaries of DeFi.
Uniswap Unveils V4 amid Ethereum’s Upcoming Dencun Upgrade

[unable to retrieve full-text content]CoinspeakerForbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024
Forbes’ recognition of Chainalysis, Fireblocks, and Gauntlet underscores the growing significance of cryptocurrency and blockchain technology.
Forbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024

[unable to retrieve full-text content]CoinspeakerPhilippines Plans to Launch CBDC by 2026, but There’s One Catch
The Philippines might be setting out on its CBDC journey a bit differently from many others.
Philippines Plans to Launch CBDC by 2026, but There’s One Catch

[unable to retrieve full-text content]CoinspeakerCrypto Firm Bakkt Reportedly Runs Low on Cash
According to Bakkt, all hope is not lost though. The firm has put forward a new plan that it believes will set it right back on the path to success.
Crypto Firm Bakkt Reportedly Runs Low on Cash

[unable to retrieve full-text content]CoinspeakerDecentralized Social Media App Bluesky Opens to Public
Company’s CEO Graber confirms that Bluesky currently has about 1.6 million monthly users and about 25,000 custom feeds.
Decentralized Social Media App Bluesky Opens to Public

[unable to retrieve full-text content]CoinspeakerOrbs Unveils Latest Upgrade amid Growing Demand and Adoption of Its L3 Infrastructure
The Orbs V4 has paid more attention to efficiency, particularly in the area of node implementation.
Orbs Unveils Latest Upgrade amid Growing Demand and Adoption of Its L3 Infrastructure

[unable to retrieve full-text content]CoinspeakerPixelmon Completes $8M Seed Round to Boost Web 3.0 Game Goals
Pixelmon appears to be well on its path to recovery given the support it has received from other credible Web3.0 projects that participated in the latest seed round.
Pixelmon Completes $8M Seed Round to Boost Web 3.0 Game Goals

[unable to retrieve full-text content]CoinspeakerChina’s Police Seizes £1.4B Worth of Bitcoin from Local Woman, Here’s Why
Contradicting statements made by Wen have led the leading prosecutor Gillian Jones to believe that there may be more than she is letting on.
China’s Police Seizes £1.4B Worth of Bitcoin from Local Woman, Here’s Why

[unable to retrieve full-text content]CoinspeakerDecentraland to Launch Desktop Client in 2024, Eyes Expansion
Decentraland’s priority strategy for 2024 is to float a new powerful Desktop Client.
Decentraland to Launch Desktop Client in 2024, Eyes Expansion

[unable to retrieve full-text content]CoinspeakerCrypto Community Awaits Bitcoin ETF Ads as Google Updates Its Policies
Bitcoin ETFs may see massive inflows from Google’s high transaction processing capability.
Crypto Community Awaits Bitcoin ETF Ads as Google Updates Its Policies

US-based customers may now access all 11 spot Bitcoin ETFs in both retirement and brokerage accounts through Robinhood Financial.

Robinhood has stayed true to its word by listing all new spot Bitcoin exchange-traded funds (ETFs) on its platform. The US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs on Wednesday, including funds from BlackRock, Grayscale, Fidelity, Invesco, Valkyrie, Bitwise, Hashdex, BZX, VanEck, WisdomTree, and Franklin Templeton.
Shortly after the landmark decision by the SEC to approve those spot Bitcoin ETFs, Robinhood CEO Vlad Tenev revealed the company’s next line of action.

Exciting update from Washington today! As a pioneer in offering spot crypto trading, Robinhood is thrilled about the @SECGov’s decision to approve spot Bitcoin ETFs.

Trump’s recent sell-offs have triggered speculations that he may have lost interest in crypto and may be seeking to cash in on all of his holdings.

Former president of the United States of America Donald Trump has sold no less than $2.4 million worth of Ethereum (ETH) over the past three weeks. That is according to a report by blockchain intelligence firm Arkham.
The latest report follows after Trump reportedly made the third attempt to recharge his NFT trading card business. However, seeing as the attempt yielded very little success, the former president may now be letting go of his crypto holdings, especially the ones he acquired as NFT royalties.

Per Arkham, Trump began sending Ethereum to the Coinbase exchange in early December. And over three weeks, he sold at least 1,075 ETH

According to analysts at Bitfinex, crypto is undoubtedly gaining more traction globally. Moreover, considering the current state of the crypto market, especially with asset prices, it appears that even more global acceptance is on the way for crypto.

Bitfinex analysts have made a bold prediction about the number of users that we might expect to see in the crypto industry come 2024. Their prediction, which was detailed in a recent report suggests that the number of crypto users may be headed to around one billion in the coming year. However, they also clarified that much growth can only be achieved on the condition that the bullish market trends remain.
The analysts shared in the report that global crypto users, as of December 1, had already climbed to 575 million. They also noted that

Recent reports demonstrate that Marathon Digital has been eager to expand its business.

The stock of Bitcoin mining company Marathon Digital Holdings Inc (NASDAQ: MARA) has so far seen remarkable growth in 2023. This follows after it surged 628.82% since January 1 to bring its current price to $26.47 on MarketWatch.
Although the stock price shows a major decline from its all-time high of $166.40, it also indicates an appreciable gain over the last 12 months.

The rise of MARA, however, has been linked to two separate events that have grown increasingly popular and are believed to be responsible for the buzz around Bitcoin (BTC) and its future price.
What Analysts Say About Marathon Digital’s (MARA) Stock Rise
According to experts, the ongoing MARA surge may be closely tied to a

The overall crypto market cap was close the $1.7 trillion mark on Wednesday, signaling that more money might be flowing into the crypto industry.

Bitcoin (BTC) price rebounded from some of its losses from yesterday, edging close to the $44,000 level early Thursday morning. Recall that on Wednesday, US stocks recorded an unexpected drop that saw the S&P 500 index closing 1.42% lower on the day.
This drop, albeit unsurprisingly, was enough to impact riskier assets like Bitcoin and the rest. And as a result, the broader market immediately went into a decline with major tokens taking significant hits.

Solana (SOL) and Avalanche (AVAX), for example, have recently been in the news for their high performance and massive gains. However, both also plunged on Wednesday, as a further

Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly on the service.

Blockchain network Elastos may have devised a strategy to take advantage of the current high demand for Bitcoin (BTC) staking on its platform. This follows after it launched BeL2, a Bitcoin layer-2 network, in a supposed effort to retain the billions of dollars in BTC volumes that currently flow from the staking tools it offers.
According to Elastos developers, BeL2 is an upgrade to the base Bitcoin blockchain. And that is especially true in the way that it permits more sophisticated Bitcoin transactions such as smart contracts and irreversible digital agreements.

Meanwhile, Sasha Mitchel, head of strategy at BeL2, has hailed the new launch. Mitchel noted that it has always been odd that

One of the major factors behind the Injective price increase is the surge in trading volumes for INJ perpetual futures contracts which recently surpassed $25.5 billion in 24 hours.

The price of crypto asset Injective (INJ) has seen an impressive explosion in 2023, surging almost 3000% in the process. The rapid price rise has also brought the asset to new all-time highs ATH as it continues to trade in greens. Recall that the asset recently reached a $34.64 ATH on December 15 before retracing its steps.
Injective (INJ) Price History
The price of Injective has embarked on a wild uptrend since the start of 2023. As seen in the image below, INJ was still trading at $1.27 at the start of the year. Its trading volume at the time was also around $4.5 million.

Today, however, INJ was seen

S&P Global Ratings senior analyst Lapo Guadagnuolo believes that the growth of stablecoins does not mean that they are immune to risk factors.

The S&P Global Ratings introduced a stability assessment for stablecoins on Tuesday. According to S&P Global, the idea is to determine how truly “stable” the coins are in maintaining their pegs to whatever fiat they are tied to.
In total, the producer of the S&P 500 assessed eight stablecoins. They include Dai (DAI), Gemini (GUSD), First Digital USD (FDUSD), Tether (USDT), Frax (FRAX), Pax (USDP), USD Coin (USDC), and TrueUSD (TUSD).

In its assessment, S&P Global first considered what it said is the “quality of the assets backing the stablecoin”. It then went on to base the overall quality assessment on factors such as custody risks, credit,

Reacting to Coinbase’s announcement, BONK quickly took to its heels, gaining nearly 8% in value to reach $0.00001132.

Solana-based memecoin Bonk (BONK) is set to be listed on Coinbase, a major US-based cryptocurrency exchange. This was revealed in an announcement by the exchange on Wednesday as it unveiled its listing roadmap via a blog post.
According to Coinbase’s statement, it will henceforth use blogposts such as the latest one, to announce every asset listing decision. This is aimed at increasing transparency by providing some sort of information balance, the platform says.

Coinbase also seized the opportunity to warn users against rushing to deposit these experimental assets. The exchange instructed them to wait until they got an official announcement about a full listing

Binance says it has agreed to a robust monitorship for its compliance and sanctions control programs.

Popular crypto exchange Binance has revealed that it has made significant progress with regulators. This follows after its recent run-in with regulatory bodies such as the US Securities and Exchange Commission (SEC) and the (CFTC).
In a Tuesday blog post, the exchange acknowledged that it may have done things a bit wrongly in the past. That is, it may have not considered how quickly it was growing as a firm, to update its compliance controls.

Binance Welcomes Scrutiny and Is Currently Cooperating with Regulators
In light of recent events, Binance has reiterated its commitment to regulatory compliance. The firm stated that it is always open to scrutiny as it understands that that

Latin America has identified that regulated, blockchain-based financial services will soon be the order of the day.

The world of finance, as we have it today, has changed drastically, and stablecoins and tokenized data may be at the center of this change. So much so, that what used to be a difficult task for businesses and private individuals, especially in international payments and settlements, has now become significantly easier.
For clarity, transactions worth over $7 trillion were settled globally using stablecoins in 2022 alone.  Showing even more potential this year, the evolution of blockchain technology is more than evident.

Taking the Lead Position
According to a recent insight report by USDC issuer, Circle, LATAM may be looking to spearhead this new revolution. The region

MetaMask has collaborated with some local payment providers spread across Africa, Asia, and South America.

In line with its ambitions to establish its presence around the world, crypto wallet MetaMask has announced a series of new partnerships. The announcement hints at a focus on emerging markets as MetaMask joins hands with local payment providers spread across Africa, Asia, and South America. According to the firm, it has struck a strategic partnership with six different countries including Egypt, Thailand, Indonesia, Vietnam, Philippines, and Chile.
MetaMask also issued a breakdown of what it intends to do in each country. The popular software cryptocurrency wallet says it will collaborate with VietQR and Mobile Money in Vietnam. It will work with Vodafone Cash in Egypt, GCash in

XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD.

XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. JD’s submission is based on a historical pattern of movement called the “golden cross”. And XRP may have just formed one on the 4-day timeframe.
In an explanation via a recent X post, the analyst explained that a golden cross is formed when an asset’s shorter moving average (MA) crosses above the longer moving average. This movement, according to JD, usually precedes a price breakout of great proportions.

To drive home his point, JD posted a 4-day XRP chart showing the price movements of XRP over the years. Interestingly, data from the

The SEC has been asking prospective issuers to give well-detailed descriptions of their various spot Bitcoin ETF products.

It appears that from here onwards,  there’s no going back on the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States. This follows after a recent Reuters report claimed that talks between the US Securities and Exchange Commission (SEC) and the asset manager applicants of the said ETFs have entered into a crucial stage.
Anticipation Enters Top Gear for Spot Bitcoin ETF Approval
Citing sources familiar with the matter, Reuters says the regulator is only now looking at a few technicalities and may be set to approve the ETFs soonest.

As Coinspeaker earlier reported, thirteen firms have lined up applications for such ETFs that track the price

Unlike what JPMorgan offers with its JPM Coin, the EUR ConVertible will be available for trading, thus opening up immediate access for a wide range of investors.

Societe Generale, the third-largest bank in France is set to launch its EUR CoinVertible stablecoin on the crypto exchange Bitstamp. The move represents a pioneering effort by the Paris-based bank as it will be the first bank to offer a stablecoin on a cryptocurrency exchange.
For what it’s worth, the bank’s groundbreaking action will cause a major shift in the way traditional financial institutions view stablecoins and the crypto space in general. That is not to mention the widespread attention it will also bring to digital tokens that track hard currency values.

Before now, traditional financial institutions have threaded

Issued natively on the Ethereum and BNB Chain, AEUR intends to add support for more blockchains in the near future.

Binance, the world’s largest crypto exchange by trading volume, has announced the launch of Anchored Coins EUR (AEUR) stablecoin. According to the announcement, users may begin trading the new stablecoin on its platform today by 10:00 (UTC). For a start, however, only four trading pairs will be supported. They are AEUR/USDT, BTC/AEUR, ETH/AEUR, and EUR/AEUR.
As Binance commonly does its listings, withdrawal of AEUR will be delayed for at least a day. This means that, while users may start depositing AEUR right away, withdrawals will not open until 10:00 (UTC) on Tuesday.

Binance Introduces Zero Trading Fee Promotion
In celebrating the new launch and as part of its

When TinyTap introduced the concept of Publisher NFTs, it aimed to use it to support content creators in the line of education and publishing.

Animoca Brands announced that Season 2 of its Publisher NFTs surpassed all expectations, having already sold out. It shared this in a recent announcement, revealing that the sale of all 720 Publisher NFTs brought in 538,560 EDU tokens in total. That is approximately $315,517, at the time of sale.
The sale follows a November 2022 announcement when Animoca revealed that it had sold out of the first batch of six TinyTap Publisher NFTs. In total, the batch generated 138.926 ETH (approximately $228,000 at the time of sale) in revenue. This means that the six teachers who authored the content linked to the Publisher NFTs saw 67.7 ETH. That is

Reddit initially filed for an IPO in December 2021 and was expected to make its public debut the following March.

For the umpteenth time, the popular social media platform Reddit is reportedly getting set to make its public debut. This follows after a recent Bloomberg report confirmed that the firm has made reasonable progress in that regard.
Per Bloomberg, Reddit is currently in talks with potential investors and its Initial Public Offering (IPO) could happen as early as the first quarter (Q1) of 2024. And when it does go public, Reddit is reportedly looking to start at a valuation of around $15 billion.

However, the social media giant would be looking to take a cue from Chinese fashion company Shein, which also has a  pending IPO that was filed on Monday.
Reddit’s On and Off IPO