January 27, 2022

MetaMask’s new inbuilt multi-chain institutional custody feature

January 27, 2022 boss

The institutional arm of the Consensys-owned MetaMask has integrated its first multi-chain digital asset custody solution called Cactus Custody. MetaMask Institutional (MMI) initially partnered with Cactus Custody owned by crypto financial service platform Matrixport in October last year to incorporate its “DeFi Connector” feature into MMI’s suite of services. The full integration with MMI was announced on Jan. 26, and Cactus Custody’s feature will now provide institutional customers with multi-chain connectivity to all Ethereum Virtual Machine (EVM) chains, sidechains and Layer 2s supported by MetaMask such as Ethereum, Binance Smart…

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January 27, 2022

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ETH to hit $20 trillion market cap by 2030: Ark Invest

January 27, 2022 boss

A new report from Cathy Woods’ ARK Invest forecasts Ethereum (ETH) will meet or even exceed a $20 trillion market cap within the next 10 years, which would equate to a price around $170,000 to $180,000 per ETH. The report also predicted big things for Bitcoin (BTC), saying it is “likely to scale as nation-states adopt (it) as legal tender… the price of one bitcoin could exceed $1 million by 2030.” ARK Invest is a tech focused American asset management firm based in the United States with $12.43 billion AUM.…

Nigerian Lawmakers Urged to Consider Regulating Crypto Industry After Proposal to Jail Ponzi Operators – Emerging Markets Bitcoin News

January 27, 2022 boss

The leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing for the securities law to be revamped — to consider crafting laws that regulate the crypto industry. Proposed Law Does Not Expressly Mention Cryptocurrencies As Nigerian lawmakers debate a bill that proposes a ten-year jail term for operators of Ponzi schemes, a leader of a Nigerian blockchain lobby group, Senator Ihenyen, has urged the country’s lawmakers to consider crafting a law to govern the cryptocurrency industry. He argued that an “unregulated crypto space…

Bitcoin Bulls Continue to Double Down on $100,000 Prediction

January 27, 2022 boss

Despite the fact that the end of 2021 suggested that there could still be some concern in regard to the volatility of the market, there is no doubt that last year was huge for the cryptocurrency industry and one that was huge in general. Indeed, there were a number of different things to look out for including things such as non-fungible tokens (NFTs) and decentralized finance (DeFi), Ethereum (ETH-USD) and smaller cryptocurrencies, however it is was also a year that had plenty of impact on Bitcoin. The cryptocurrency, which had…

DCD Ecosystem Launches Decentralized Solution For Game Developers

January 27, 2022 boss

The growing popularity of the decentralized gaming market is driving demand for new infrastructures capable of supporting the deployment of new gaming formats. The DCD Protocol has announced that it is launching a tailored solution that would allow game developers to release their projects using a broad range of convenient and flexible instruments. The DCD Ecosystem development team has announced that it will be deploying a solution that will make blockchain technologies accessible to a wider range of developers. The Protocol was developed as part of an ongoing initiative by…

How Wizardia’s Players (and Investors) Can Benefit from a Novel NFT Economy

January 27, 2022 boss

As the NFT and Metaverse gaming space continues to make leaps and bounds in 2022, we are slowly witnessing the evolution of the gaming space – not only in terms of story, character and gameplay but also the underlying economies which form the financial foundations of a given project. One example of this is Wizardia. Wizardia is an upcoming play-to-earn fantasy Metaverse game where players take on the role of unique wizards represented by NFTs and battle each other in a bid to earn valuable resources and level up their…

ADALend: Major Developments On The Horizon

January 27, 2022 boss

ADALend’s mission is to democratize the lending industry by using the Cardano blockchain to eliminate the traditional banking middlemen. This will be accomplished through the development of a platform that connects borrowers, and lenders in a decentralized manner. With the help of blockchain technology and IOHK’s research and development, the platform will provide a simple, secure, and more transparent way of exchanging value. The decentralized lending platform will allow creditors to perform lending activities and create a safer and more efficient lending environment for all users. Ensuring the Security and…

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January 27, 2022

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Bitcoin Fails Near Key Zone, Can Bulls Save The Day

January 27, 2022

Bitcoin attempted a key upside break above the $38,500 resistance against the US Dollar. BTC failed to clear $38,500 and started a fresh decline. Bitcoin struggled to gain pace above the $38,200 and $38,500 resistance levels. The price is now trading below $37,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $37,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if the bulls are able to protect…