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Russian Government Approves Plan to Regulate Cryptocurrency


The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian...

AXS and SLP Move Higher as Axie Infinity Reveals Economic Revamp


  Popular blockchain-based mobile game Axie Infinity (AXS) has made economic adjustments for its upcoming season 20, drastically reducing the daily issuance of Smooth Love Potion (SLP) tokens which are earned as rewards. In the first place, the game has eliminated the adventure mode and the daily...

Ubisoft’s Latest Galaxy-Brain Move Is To Gift Scammy NFTs To Employees


Ubisoft’s ongoing NFT odyssey continues to bewilder and demoralize not just longtime fans but also its own developers. The company recently held another workshop aimed specifically at addressing the concerns of skeptical employees, yet also started giving out special NFTs to some members of...

Bitcoin and Ethereum Move Higher, Altcoins Surge


  Bitcoin price remained well bid above the USD 37,000 level. BTC started a decent increase and cleared the USD 38,000 resistance before moving lower again. It is currently (11:54 UTC) up around 3% in a day and is trading near USD 38,000.... Read More: Bitcoin and Ethereum Move Higher, Altcoins...

Hut 8's 'Ferrari of GPUs' Ready for Ethereum's PoS Move, Miner Open to M&A


  Contrary to smaller Bitcoin (BTC) and crypto miners, Canada-based Hut 8 would not be "really affected" by Ethereum (ETH)'s move to the proof-of-stake (PoS) consensus mechanism, as the miner is ready "no matter what," Sue Ennis, Vice President (VP) of Corporate Development and Investor Relations...

Bitcoin and Ethereum Move Lower, QNT Rallies


  Bitcoin price started a downside correction below the USD 38,000 level. BTC even traded below the USD 37,000 level. It is currently (11:53 UTC) struggling to rise above the USD 37,500 resistance level. Similarly, most major altcoins are facing hurdles. ETH could accelerate if there is a clear...

Grayscale Makes an ETF Move


  US-based major cryptoasset management firm Grayscale Investments launched its first equity exchange-traded fund (ETF) as they aim to increase its exposure to this type of investment vehicle.  The Grayscale Future of Finance ETF will track the investment performance of the Bloomberg Grayscale...

Technical Analysis: Solana Surges 15%, as Loopring Price Declines


Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave. Biggest gainers Cryptocurrency markets were mostly bullish during Tuesday’s session, with several projects...

Technical Analysis: Flow Climbs Close to 30% to Enter Top 50


Flow is trading almost 30% higher on Saturday, as the majority of the crypto top 100 are in the green. Today’s move sees flow also enter the top 50 cryptocurrencies by market cap. Biggest Gainers Following a bearish end to the working week, cryptocurrency markets are green across the board...

Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday


Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term...

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