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As Bitcoin Open Interest Surges to Highest Level Since FTX Crash Trading Firm Sees Bullish Signs

12.4.2023
Bitcoin open interest across crypto derivative exchanges has surged to $10 billion, a five-month high after leveraged subsided in the wake of FTX's collapse in November

MetaPlayerOne’s New Co-Investment and Acceleration Program for GameFi Projects

12.4.2023
PRESS RELEASE. MetaPlayerOne is bringing the power of Web3 communications to GameFi by introducing a new launchpad and standard for NFT game assets. Using this platform and this standard, different GameFi projects can recognize specific smart contract asset holders and rare asset holders, providing...

Shiba Inu Price Prediction as SHIB Rises 14% From Recent Bottom, But Whales are Buying This New Altcoin – Here's Why

12.4.2023
The price of Shiba Inu has dropped by 2.5% in the past 24 hours, sliding to $0.00001086 following a slight dip for the cryptocurrency market as a whole. SHIB's current price means that it has fallen by 3.5% in a week and barely risen in the last 30 days, although the meme token remains up by...

SEC vs. Ripple: SEC files Letter of Supplemental Authority

12.4.2023
The legal clash between the SEC and Ripple has a new update. The US Securities and Exchange Commission has now filed a Letter of Supplemental Authority. The US agency aims to offer an extra-legal precedent to boost its motion for a summary judgment. A few days ago, a District of Massachusetts court...

Here is What Analysts Are Saying About the Ethereum Blockchain’s Shanghai Upgrade

12.4.2023
Analysts differ on the amount of ether (ETH) selling pressure that could result from the Ethereum blockchain’s Shanghai upgrade, scheduled for later today. The Shanghai upgrade (aka Shapella), will enable validators to withdraw staked ether and rewards that have been locked up

Spanish tax agency to send over 328K notices to crypto holders

12.4.2023
According to fiscal authority, the number of potential taxpayers who failed to declare their crypto assets rose by 40% in a year

G-7 Aims to Aid Developing Nations in Introducing Central Bank Digital Currencies

12.4.2023
The Group of Seven (G7) organization aims to help developing countries introduce central bank digital currencies (CBDCs) in line with international standards. During a recent speech in preparation for the International Monetary Fund and World Bank Spring 2023 meetings, Japan's top currency...

TokenPocket announces partnership with SFT Protocol

12.4.2023
TokenPocket has published an official blog post to share that it has partnered with the SFT Protocol. This has stirred a lot of excitement among the community, with the core teams being equally happy about the development. This is evident from the tweet in which TokenPocket referred to SFT Protocol...

Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022

12.4.2023
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle...

420,000+ Merchants in Changsha, China Accept CDBC Pay – Is Digital Yuan Adoption on the Rise?

12.4.2023
More than 420,000 merchants in Changsha, China, now accept payments in the digital yuan, China’s central bank digital currency (CBDC). The city is located in Hunan Province and was added to the pilot in April 2021. In February this year, Changsha authorities said that 300,000 merchants in...

Beijing-Based Bitcoin Miner Bitmain Faces Fines for Tax Regulation Breach – Here's the Latest

12.4.2023
Major crypto mining hardware maker Bitmain is reportedly looking at a nearly $4 million-heavy fine for unpaid taxes in Beijing. According to a report by the local news agency Sina Finance, Bitmain has failed to pay income taxes as required by China’s laws on the administration of...

Elon Musk reportedly buys thousands of GPUs for Twitter AI project

12.4.2023
According to anonymous sources close to the company, Musk purchased nearly 10,000 graphics processing units with the intention of furthering his AI projects at Twitter

Argentina securities regulator approves Bitcoin futures index

12.4.2023
The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May

China's 'Credit Impulse' Is Picking Up. Here's Why It Matters to Bitcoin

12.4.2023
Previous instances of renewed upticks in China's credit impulse portended major bullish trends in bitcoin

Ethereum Price Prediction as Shanghai Upgrade 24 Hour Countdown Begins – What Happens Next?

12.4.2023
The Ethereum price has fallen by 2.5% in the past 24 hours, dipping to $1,872 as the market awaits the full rollout of the long-awaited Shanghai upgrade today. Shanghai will enable the withdrawal of staked ETH, with many investors expecting an increase in selling with the update, resulting...

Reddit’s Gen3 collectible avatars go live

12.4.2023
Reddit has moved on from one generation to another, literally. It was recently announced that the Gen3 of Collectible Avatars is now available at the Collectible Avatar Shop. It sports a collection of NFTs from a hundred artists. Calling this the next phase, Reddit has also hinted at...