FEDS WILL DO THIS TO ETHEREUM (Important For Holders) – ETH Price Movement Confirmed

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Cardano Backed Metaverse Project Pavia’s Land Price Skyrockets

Last week, Cardano network launched Pavia, a gaming application on the Metaverse. This stands as the first metaverse project operated on the Cardano blockchain. The use of non-fungible tokens (NFTs), which operate with the same blockchain technology as cryptocurrencies, is increasing. They enable investors to get tokenized assets of their favorite art items, idols, places, etc. NFTs create representations of both tangible and non-tangible items. According to its design, Pavia has about 100,000 land parcels issued. Each land parcel’s minting is a non-fungible token, NFT, that possesses individual coordinates. Related…

A16z to Raise $4.5 Billion for Crypto Investments – Bitcoin News

A16z, a leading VC company in crypto, is reportedly ramping up its investments in the field this year. The company is said to be looking for $4.5 billion to invest in different cryptocurrency-related funds. This amount more than doubles the entire amount the company invested in crypto last year. A16z to Double Down on Crypto A16z will continue to put funds behind cryptocurrency-related projects this year, according to reports. The VC company, which focuses its investments on tech-related companies and has more than $28 billion in assets, is…

MetisDAO TVL surges by 99,800% as the layer-2 race heats up

Attracting liquidity has become a de facto arms race in the growing decentralized finance (DeFi) landscape. Projects constantly battle to attract investors funds by offering enticing yields for crypto holders willing to take a risk and lock up their assets and protocols use this funds to build out their products and attract attention from larger investors.  One protocol that has been gaining traction in the total value locked (TVL) race is MetisDAO (METIS), a layer-two rollup platform designed to fully support the application and business migration from Web2 to Web3.…

The Federal Reserve Shares Its Thinking About a US CBDC

For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper has finally been released, NLW walks us step by step through the Fed’s thinking and shares the initial commentary from the crypto community and Washington, D.C. Source

HUGE CRYPTO NEWS – Microsoft Activision Metaverse – Intel Bitcoin Mining – Coinbase Mastercard NFTs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In the crypto news today: 1. Coinbase x Mastercard NFT 2. Intel to build a Bitcoin mining chip 3. CashApp integrates lightning in the US 4. Milo to offer 100% BTC-backed mortgage 5. Crypto exchange buys 268-year-old bank 6. Microsoft $70B Activision buy (metaverse) 7.OpenSea has acquired a crypto lending and borrowing platform Ron Hammond interview – Learn more about Algorand – 🔥 Sign Up with OkCoin 🚀 Get the Ledger Nano X to Safely store your Crypto – 🔥 Become a…

Here’s Why Bitcoin Tumbled 11% in 24 Hours

Another reason, according to Ben McMillan, founder of IDX Digital Assets, is leveraged long positions, which exacerbated the sell-off into the Asian open on Friday. “This is nearly always the case with bitcoin,” said McMillan, who said that “$40,000 was an important support which has now turned into a resistance level and we could certainly see more downside over the weekend.” Original

Bulgaria’s finance minister says the country is exploring crypto payment options: Report

Assen Vassilev, Bulgaria’s deputy prime minister for EU Funds and minister of Finance, said the EU member nation is exploring options for rolling out a crypto payment mechanism. According to a Friday Bloomberg report, Vassilev said the government was in discussion with the Bulgarian National Bank as well as industry players to explore crypto payments “in the short to medium term.” However, he added that Bulgaria was unlikely to become a major hub for crypto miners — many are reportedly considering leaving Kazakhstan amid political turmoil and disruptions to the…

Bulgaria’s finance minister says country is exploring crypto payment options: report

Assen Vassilev, Bulgaria’s Deputy Prime Minister for EU Funds and Minister of Finance, said the EU member nation is exploring options for rolling out a crypto payment mechanism. According to a Friday Bloomberg report, Vassilev said the government was in discussion with the Bulgarian National Bank as well as industry players to explore crypto payments “in the short to medium term.” However, he added that Bulgaria was unlikely to become a major hub for crypto miners — many are reportedly considering leaving Kazakhstan amid political turmoil and disruptions to the…