Crypto news

Along with a record $35 billion quarterly earnings and 11.2% rise in sales to $124 billion, Apple Inc outlined its metaverse ambitions on Thursday. In a call with investors, CEO Tom Cook spoke about the company’s plans and preparations to expand its presence in the business of augmented reality. Apple’s Metaverse Plans To a question asked by Katy Huberty of Morgan Stanely about “Metaverse opportunity and Apple’s role in that market,” Cook said, “We see a lot of potential in...

Sandeep Nailwal, the co-founder of Polygon (MATIC), revealed today that India’s CryptoRelief will be sending 100 million USDC from Vitalik Buterin’s last year SHIB donation back to him. Last year in May, Vitalik Buterin donated 50 trillion SHIB tokens to India Covid Relief Fund. Tweeting on the matter, Nailwal revealed the reasons for which they made the decision to send $100 million of the donation back to Buterin. He explained that him being an Indian presents certain...

To say that the last seven days were rough on the cryptocurrency market would be a wild understatement. A lot happened, and the volatility jumped through the roof, so let’s start with Bitcoin. BTC’s price started going down right from the get-go. Last Saturday, it went from $39K to $36K, but the bears weren’t finished yet. Later in the day, BTC dropped below $35K and, over the next hours, consolidated around that level. On Sunday, the cryptocurrency attempted to recover a...

[PRESS RELEASE – MAHE, Seychelles, 27th January 2022] Crypto investment platform BitMEX today announced the launch of BitMEX Academy, a multimedia crypto education platform that will offer a new way to learn about crypto for beginner and expert traders alike. BitMEX Academy will bring together the greatest minds in the industry to share knowledge on cryptocurrency, blockchain technology, trading fundamentals, and other topics essential to success in the crypto markets. In the...

[PRESS RELEASE – Please Read Disclaimer] OVR has started the first phase of migration from the Ethereum network to Polygon. The company has transferred Merkle Proof and minting functions from the former network to the latter. As a result, users can now mint their OVRLand NFTs on Polygon for only a few cents. Similarly, OVR has added Polygon network payments alongside Ethereum and BSC payment options in the primary market. This, therefore, results in lower transaction costs....

You have probably already noticed how the metaverse is getting more and more popular every day, accelerated by Facebook’s strategic move to rebrand to Meta and develop their own metaverse.  We are entering into a generational shift, people are buying virtual land for large sums of money, and big brands such as Nike & Adidas are on their way to developing virtual spaces in blockchain based games such as The Sandbox and Decentraland. TCG World, a metaverse project in...

Bitcoin cash price started a fresh decline from the $380 resistance against the US Dollar. The price is now trading below the $300 zone and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $270 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $250 support zone. Bitcoin cash price is showing bearish signs below $300 against the US Dollar,...

INTERNET CITY, DUBAI, Jan. 26, 2022 – LBank Exchange, a global digital asset trading platform, will list Shibnobi (SHINJA) on January 30, 2022. For all users of LBank Exchange, the SHINJA/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on January 30, 2022. DeFi has caught widespread attention across the globe in recent years, but there are still many problems needed to be addressed in the DeFi space, like the lack of user-friendly tools across...

Joe Biden’s administration wants to clarify once and for all the regulatory landscape surrounding the crypto sphere —taking the opportunity to exert greater control over the industry. Apparently, within the next few weeks, it is expected that the White House will issue an executive order declaring the regulation of cryptocurrencies as a matter of national security – which would raise the priority level that different federal agencies would have to assign to their efforts to...

Following its successful launch on the Polkadot Mainnet this week, Acala, an Ethereum-compatible DeFi protocol for scaling dApps, has revealed what lies ahead for the project. Acala’s Core Products Coming Soon The Acala team noted in an official press release seen by CryptoPotato that it intends to begin launching all of its core products soon. These include decentralized exchange (DEX) Acala Swap, upgraded Ethereum Virtual Machine (EVM+), decentralized stablecoin, aUSD, and...