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China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto


Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative, which comes amid an ongoing crypto crackdown, is seen as a boost for blockchain, the technology that also underpins cryptocurrencies....

Crypto Trading Platform Bitmex Reveals Exchange Token Called BMEX, Airdrop


The crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX,” following a slew of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will get five BMEX coins...

Crypto Market Sentiment Falls Further as Ethereum Enters Neutral Zone


The crypto market sentiment took a turn to the worse this week, with most major coins seeing a lower sentiment score (sentscore) today compared to last Monday. The 7-day moving average of the sentscore for ten major cryptoassets stood at 4.85 today, down from 4.96 a week ago, according to...

Stream Coin (STRM) Revolutionizes Live Streaming Industry


StreamLive has launched its new native cryptocurrency BEP20 token, Stream Coin (STRM) and it has been declared the platform’s official digital currency for trading and rewards. Viewers, sponsors, and influencers can use STRM (Stream Coin) tokens in their transactions. The currency is based...

USDC Sees Native Launch on Avalanche


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...

Crypto Market Sentiment Drops Again, Bitcoin Out of Positive Zone


  After hovering above the border between the scores of 4 and 5 for about a month, the market sentiment dropped below 5 over the past week. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stands today at 4.96, while a week ago it stood at 5.18...

Miami Mayor Francis Suarez Plans to Take a Fraction of His 401k in Bitcoin


During the first week of November, the reelected Miami mayor Francis Suarez explained that he would receive part of his salary in bitcoin via the payment processor Strike. A month later, speaking at Real Vision’s Takeover event in Las Vegas, Suarez revealed he plans to take part of his 401k...

GoGo Coin Is Set to Launch on Polygon, Introducing DeFi to Users


GoGo Coin is ecstatic to announce that it will be available on Polygon. GOGOcoin, an NFT/DeFi hybrid platform with open source DeFi protocol, is designed for asset management and savings to expedite DeFi’s broad adoption. As a full-stack scaling solution with a fast-developing market for NFTs...

Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages


Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away...

Cryptocurrency Exchange Huobi Global to Leave China This Month


Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic...

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