Bitcoin Hovers Near $48k Ahead of Fresh Key US Inflation Data


The main idea of Bitcoin is to develop a programmable agreement without the intervention of a third-party association. Many investors and ordinary people consider it a form of asset that will increase in value in the future. Moreover, the Bitcoin asset distribution helps the company raise money...

Bitcoin Rises as US Inflation Reaches Its Highest Since 1982


  The bitcoin (BTC) price rose by about 2.5% in a matter of just 10 minutes today after US inflation numbers reached 6.8% from a year ago, marking the highest increase since 1982. At 14:24 UTC, BTC stood at USD 49,575, up 0.9% for the past 24 hours and up 1.4% for the past hour, after initially...

Vera Successfully Performs Non-Custodial Rental of $1.5 Million Bored Ape


Vera, one of the leading NFT and DeFI platforms, is now the first protocol for renting a $1.5 million dollars NFT to two unknown individuals. The most awaited ETH mainnet platform was unveiled at the Sagamore South Beach Hotel, where the Art Basel Miami is taking place. The NFTs are the Bored...

Pepsi Forays Into the NFT World with Mic Drop Genesis


Soft drink giant Pepsi has announced its foray into the world of non-fungible tokens. The collection launched by the company goes by the name of Pepsi Mic Drop genesis NFT, and it is a tribute to the brand’s heritage that is deeply rooted in music. This specific NFT has been made to mark...

YGG SEA Is Set to Open Metaverse for the Southeast Asia Market


Guild Games Yield Southeast Asia, often known as YGG SEA, is the ecosystem built for the Yield Guild Games and is the first of its kind subDAO. YGG SEA is a DAO tasked with purchasing and maintaining non-fungible tokens which are further used in Metaverse, with the goal of building Southeast...

Crypto Regulation Should Be Global, Not National - IMF Directors


  The rapid growth of crypto assets, associated products and services, and the interlinkages with the regulated financial system are intensifying the need for global crypto regulation that should be comprehensive, consistent and coordinated by the world’s regulators, according to a recent paper...

Axi’s UK Branch Ends FY21 with £1.9m Net Profit & 46% Growth


AxiCorp Ltd, Axi’s London-based subsidiary, recently released its funds report for the fiscal year 2021. The report covered the period till June 30th and showed a whopping 46% growth. As a result, the company generated over 1.9 million pounds for business in the UK. Moreover, the company’s turnover...

Bitcoin and Ethereum Hold Support, Altcoins Consolidate


  Bitcoin price started a fresh decline below the USD 48,500 support. BTC even traded below USD 48,000, but it remained stable above USD 47,500. It is currently (12:18 PM UTC) recovering, but there are many hurdles near USD 49,500 and USD 50,000. Similarly, most major altcoins are trying...

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