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Bear Market Didn’t Hurt Crypto Fundamentals, Claims Fidelity

On Oct. 27, the portfolio and asset manager published its “2022 Institutional Investor Digital Assets Study,” an annual report shedding light on the crypto industry from an institutional perspective. The research revealed that the market is now well-positioned to weather the macroeconomic headwinds it has faced in recent months. Fidelity Digital Assets President, Tom Jessop, commented: “We believe that digital assets fundamentals remain strong and that the...

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Bitcoin Cash Analysis: Can Bulls Clear This Key Hurdle?

Bitcoin cash is attempting a fresh increase from the $104 zone against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $112 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $115 and $118 to continue higher in the near term. Bitcoin cash price is climbing above $110 against the US Dollar, similar to bitcoin. BCH/USD...

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Kazakhstan to Integrate its CBDC on BNB Chain, CZ Confirms

Changpeng Zhao – CEO of Binance – revealed that the National Bank of the Republic of Kazakhstan will integrate its central bank digital currency (CBDC) into BNB Chain. The firm has strengthened its presence in the Central Asian country lately. The local regulator AIFC Financial Services Authority (AFSA) allowed it to operate a digital asset platform and provide custodial services to Kazakhstani consumers. The NBK Picked BNB Chain Zhao disclosed that Binance’s team has...

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Mexico Will Have Its First Shopping Mall In The Metaverse

Shopping malls in the metaverse have several advantages. One of them is that they can house as many stores as the developers’ imagination allows. This is what a Mexican entrepreneur envisioned with Island Shopping Mall: Mexico’s first metaverse mall. The mall was inaugurated today and can be accessed from mobile devices via an app available in the AppStore or Google Play. According to the local media outlet Cultura Empresarial, users of both platforms can now download the...

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