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Bitcoin and Ethereum Approach Crucial Juncture, Altcoins Move Lower


  Bitcoin price struggled to clear the USD 23,000 resistance level and dropped below USD 21,200. It is currently (04:09 UTC) showing bearish signs near USD 20,400 and is down 8% in a day and 32% in a week. Similarly, most major altcoins are also moving lower. ETH is trading below the key...

Global Insurers Start Investing in Crypto Amid Risk-On Investment Approach


  Global insurers aim to maintain a risk-on investment approach, with higher allocations to private equity, green bonds, and middle-market corporate loans, but also cryptoassets, according to a report by Goldman Sachs Insurance Asset Management. The survey represents the views of 328 chief...

PlanetQuest and Immutable X Launch Community Friendly NFT Planet Sale


PRESS RELEASE. In a radically different approach to handling an NFT sale, PlanetQuest, has just launched its community friendly Planet Sale at planetquest.io. The Cinematic Multiverse and Blockchain Game, backed by Hollywood and Gaming talent, top tier investors and a community of over 215.000...

Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting


Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the Fortnite game, and Bungie, another...

Bank of Spain Governor Highlights Need for Fast Regulation in Defi and Crypto


Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regulated swiftly to avoid risks of financial instability. Hernandez de Cos also mentioned how this...

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