Brandon Brown – a NASCAR driver that’s inspired the many “Let’s Go Brandon” chants heard at sports arenas and gatherings across the country for the past several months – is now being sponsored by a cryptocurrency established through the chant in what has become a unique (and amusing) circle. Brandon Brown Steps Into the Crypto Circle “Let’s Go Brandon” has been a trend for months now and is designed to hide what speakers are really saying, which is “F*ck Joe Biden.” The...
Read More »NFT-Focused Metaversal Lands $50 Million in Funding Led By CoinFund
After a phenomenal run in 2021, the NFT industry continues to grow fast and attract more professional and institutional players. Riding the hype is the NFT-focused venture studio, Metaversal, which secured a $50 million Series A round. $50M Investment Secured According to the official blog post, the investment round saw backing from blockchain investment firm CoinFund and a research-intensive investment company – Foxhaven Asset Management. In addition to the two entities,...
Read More »El Salvador’s Government Prepares Laws Covering Bitcoin Bonds
In a bid to bring in regulatory clarity and a framework for the issuance of Bitcoin Bond and securities in the cryptocurrency, El Salvador’s finance minister, Alejandro Zelaya, has revealed plans to send approximately 20 bills to Congress. The Ambitious Bitcoin City According to reports, the aforestated bills will encompass regulations about securities issuance and ensure legal structure and certainty to anyone to wishes to purchase a Bitcoin bond. The Finance Minister,...
Read More »FTX Is Entering the World of Womens’ Sports with New Crypto Deals
The worlds of sports and crypto are now only separated by a very thin, blurry line. Both arenas are finding more ways to become connected, with the most recent example coming in the form of the Alabama women’s softball team and its new partnership with popular cryptocurrency exchange FTX. FTX Is Blurring the Line Between Sports and Crypto The trading platform has recently announced a new NIL offer that was made to the team. This is the second partnership of this kind to...
Read More »WAGMI Games Partners With Cubix To Develop Their PVP Tower Defense P2E Game
[PRESS RELEASE – Please Read Disclaimer] With all the benefits that the gaming industry provides, there is a new game coming out that everyone should have on their radar. Soon, players will have the opportunity to be part of a saga for Earth’s very survival, where gamers from all over will unite to battle invaders from another dimension. This is all possible thanks to a collaboration between Cubix and Wagmi Game, through which players will get to enjoy an exciting new game...
Read More »SEC Delays NYDIG’s Spot Bitcoin ETF Proposal by Two Months
The United States regulatory watchdog – Securities and Exchange Commission (SEC) – has delayed the ruling on NYDIG’s proposal for a spot bitcoin exchange-traded fund by 60 days. The original deadline was January 15th. If allowed, NYDIG’s Bitcoin ETF will be the first-ever spot Bitcoin ETF in the country. According to the official filing, the SEC said that it will decide whether to approve the NYDIG’s proposal by March 16. The agency explained that it needs to designate a...
Read More »Crypto Regulation in India Is Still Unclear
India has fallen behind on its plans to regulate cryptocurrency. The winter session of Parliament was supposed to see a new bill introduced that would recognize crypto as a new asset class that could be regulated and monitored. However, this has not yet occurred and thus India’s digital currency future is still in the clouds. India and Crypto Regulation: What’s Happening? The good news is that regulatory officials have stated that at this stage, outright banning crypto...
Read More »Shark Tank’s Kevin O’Leary: NFTs Could Become Bigger Than Bitcoin
The prominent TV personality – Kevin O’Leary – believes non-fungible tokens could emerge as a “much bigger, more fluid market” than bitcoin. His prediction comes as a surprise since last summer, the Canadian businessman stated that nothing has the chance to replace the primary cryptocurrency. O’Leary’s Most Recent Forecast Kevin O’Leary, a.k.a Mr. Wonerful, is another prominent figure who has displayed mixed feelings towards the cryptocurrency industry over the years. His...
Read More »Bitcoin’s Sideways Action Continues, But Bearish Signs Pop (BTC Price Analysis)
Bitcoin’s sideways action continues. Since 2022 began, the bitcoin price has been trading inside a tight range of roughly $2K. This is very untypical for Bitcoin and usually ends with a massive move in either direction. Option Market Analysis While the bitcoin market is showing weakness, the BTC options market has seen a sharp open interest decline after 2021‘s most significant options expiry. The historical volatility level of bitcoin dropped sharply and is currently at...
Read More »Airbnb CEO Dabbles With Adding Crypto Payments in 2022
American home rental firm Airbnb Inc. might soon join the growing list of companies that accept cryptocurrencies as payment options for services. Airbnb to Accept Crypto Payments? The possibility of Airbnb supporting crypto payments comes after the company’s co-founder, and CEO Brian Chesky asked users on Twitter to recommend anything they would like the home rental firm to do in 2022. If Airbnb could launch anything in 2022, what would it be? — Brian Chesky (@bchesky)...
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