Crypto news

American multinational e-commerce giant eBay is eyeing to integrate crypto payments. In a recent interview, CEO Jamie Iannone said the firm might leap very soon. Primarily, eBay wants to capture the GenZ and millennial audiences. Appealing to the Younger Generation eBay is one of the oldest e-commerce corporations. It was founded in 1995. In an exclusive interview with The Street, Iannone said the official announcement for the much-anticipated crypto integration platform...

The bitcoin agenda in El Salvador has produced some unexpected side effects. The country is experiencing a huge boom in tourism thanks to its newfound love of crypto. El Salvador Is Seeing a Lot More Visitors El Salvador announced last year that it was going to make bitcoin legal tender. It was the first nation to do so, and right now, someone can walk into a store or organization and purchase items and services with digital currency along with fiat. While the use of...

The Russian ruble has lost significant value against both dollars and Bitcoin following sweeping sanctions from western nations, and the cutoff of major regional banks from SWIFT. Citizens are now flooding local ATMs with cash withdrawal requests while the Bank of Russia urges for calm. Ruble in ‘Free Fall’ After the markets opened on Monday, the dollar spiked to over 108 rubles, compared to just 83 rubles the week prior. Bitcoin is also soaring against the falling currency,...

The world’s leading digital asset exchange – Binance – does not intend to freeze the accounts of Russian-based individuals, a spokesman for the platform revealed. He further argued that “crypto is meant to provide greater financial freedom,” and such a move could oppose the concept of the industry. In-Line With Kraken Russia’s “special military operation” in Ukraine seems nowhere near an end as the tension between the two countries keeps escalating. As of the moment, the USA,...

Analysts are convinced that Russia may utilize cryptocurrency to avoid sanctions recently imposed due to its attack on Ukraine. What Will Russia Do with Crypto? Last week, the U.S. imposed sanctions on Russia for its invasion of Ukrainian territory, but many industry experts believe that these sanctions aren’t going to go anywhere, and that Vladimir Putin could potentially turn to digital assets to avoid whatever’s been imposed on his nation by the American government....

Despite the “FUD,” Pixelmon’s founder Syber says he isn’t going anywhere. The Pixelmon saga isn’t looking good. The well-funded NFT adventure game has received severe backlash from the community after a disastrous reveal. But who’s to blame? Is Pixelmon Really The Next Blue Chip? Back in December 2021, Syber – the user who founded the project – had declared that Pixelmon is the next blue chip. Fast forward to three months, the project’s founder says that the team needs more...

The space of non-fungible tokens (NFTs) has grown exponentially over the past year, and this produced quite a few consequences. For once, there are thousands of NFT projects spawning every single day, and the entire space resembles a lot of what we’ve seen during previous hype cycles with initial coin offerings (ICOs), initial DEX offerings (IDOs), initial exchange offerings (IEOs), and whatnot. The general consensus is that non-fungible tokens are here to stay and are going...

Now that Russia has invaded Ukraine, many are worried that the United States could be entering the brink of war. We have made it clear to our enemies that if democracy is threatened anywhere in the world, the country will intervene. Warren Buffett – the mogul behind real estate giant Berkshire Hathaway – says that investors should avoid things like bitcoin and gold for now, and they should instead put all their money into stocks, as they are the safest bets in times of...

Bitcoin is back above $40k despite descending to $34k just last week. Meanwhile, as politicians discuss Russia’s potential use of cryptocurrency to evade sanctions, the eastern superpower is apparently working on a digital world currency. At the time of writing, Bitcoin is trading at $40,976, having briefly peaked over $41k today. That’s up from under $38k just four hours ago. Bitcoin’s price plunged to $34k on Thursday after Russia announced “special military operations” in...

The metaverse trend appears to be showing no signs of slowing down as South Korea becomes the first country to express desires to build its own project in the field. According to a recent report, the country plans to invest a whopping $187 million in a national metaverse project. The pledge of roughly $187 million comes from South Korea’s Ministry of ICT, Science, and Future Planning, and it’s in a bid to create a Metaverse ecosystem that’s intended to support the expansion...