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USDC Sees Native Launch on Avalanche

17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...

SHIB Whale Buying Trend Continues with $4.2M Purchase

15.12.2021
Despite the crypto market being in a pinch, whale investors are showing great faith in Shiba Inu. The meme coin has been on a constant buying rally as another crypto whale buys 125 billion SHIB. The Ethereum whale spent over 4.2 million dollars to conclude the deal, as per Etherscan. At the time...

Harry Styles NFT: Colorback Cardigan Sold for Over $7,500 in ETH

15.12.2021
The fashion industry is going all-in with NFT. The latest entrant is the cardigan that Harry Styles sported in February 2020. It became a sensation with people using their imaginations to stitch new products in a similar fashion. The digital version of the sweater is a perfect 3-D replica. It...

Meta Spends USD 60M On Rights, Trademarks To Secure Its New Name

14.12.2021
  Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing.  Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key LLC,...

Arthur Hayes Tells Crypto Traders ‘It Pays to Wait,’ Stronger USD Coming

13.12.2021
  Monetary policy in the US and China will most likely not get any easier in the near term, and it, therefore “pays to wait” with making new investments in crypto, the co-founder and former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, suggested. ... Read More: Arthur Hayes Tells Crypto...

AUD/USD Looks Higher Ahead of Busy Week as Sentiment Improves

13.12.2021
Markets in the Asia-Pacific set at a higher opening at the start of the week. With the Omicron threat set aside, the S&P 500 sealed at a new record high last Friday on Wall Street. The traders are now focused on the Federal Reserve and monetary policy announcement this week, scheduled...

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

10.12.2021
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...

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

10.12.2021
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...

MicroStrategy Spends Another USD 82m on Bitcoin

9.12.2021
  The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said. The new coins were acquired at an average price of USD 57,477.... Read More: MicroStrategy Spends Another...

Cardano (ADA) Shows Recovery but Struggles Around $1.5

7.12.2021
Cardano’s price has taken a bullish momentum after the plunge of December 4. Investors are hoping for a higher high to change the bearish momentum. It may consolidate in this range.  Last week Cardano price crashed more than 25%, now it has bounced up to create a support level of around $1.38....

USD 100M Jury Verdict in Craig Wright Case Brings More Confusion

7.12.2021
  The man known to many of his detractors as “Faketoshi” – the Australian computer scientist Craig Wright – has been celebrating victory after he was forced to pay USD 100m in damages by a jury in Miami. His 'win' has been questioned by the wider crypto community and some legal professionals,...

AUD/USD Currency Stays in Focus as Traders Await Omicron News

6.12.2021
Following last week’s volatile market nature, Asia-Pacific markets are expected to start trading cautiously. The economic calendar is currently light, allowing prevailing risk trends to remain controlled. The developing Omicron variant of Covid-19 impacted mood last week, causing risk...

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