The payments token regained a market capitalization of $40 billion on Tuesday, moving above Cardano and Solana. Source
XRP Climbs 22% Amid Developments in Ripple v. SEC Case
Month: February 2022
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AssangeDAO Raises $38M to Aid WikiLeaks Founder's Court Battle
The DAO, which is looking to help the whistleblower, has now raised more ether than ConstitutionDAO. Source
US national figure skating body adopts Bitcoin donations
The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC). The association has partnered with the enterprise-level donation platform Engiven in order to start accepting donations and gifts in cryptocurrency, the U.S. Figure Skating announced on Tuesday. The organization initially revealed its plans to enable cryptocurrency donations in September 2021. The new donation payment option is immediately available on the U.S. Figure Skating’s website via Engiven’s platform, featuring donations…
P2E Company Set to Release Trailer of its NEXUS Metaverse After Bringing in $20M in Funding
Singapore-based Play-to-Earn Metaverse company Affyn is all set to release the trailer video of its NEXUS Metaverse this month. Recently, the company raised $20 million in multiple funding rounds, which comes after its public listing not long ago. Late last month, Affyn also conducted a successful presale round of $10.4 million. The company’s Private and Strategic rounds were oversubscribed as well. This fresh capital will be used to expand its team, for which Affyn is hiring across engineering and game development departments to advance the project development. Affyn is developing…
Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level
Tokens of the memecoin extended Monday’s surge even as major cryptocurrencies showed small gains and losses. Source
QR Assets launches DeFi ETF on Brazilian Stock Exchange
Brazilian crypto asset manager QR Assets has launched a decentralized finance exchange-traded funds, or DeFi ETF, on the Brazilian Stock Exchange. The DeFi ETF called QDFI11 would track the Bloomberg Defi index and make 100% of its investment in real DeFi assets. The DeFi index tracks Uniswap (UNI), Aaave Decentralized Lending Pools (AAVE), MakerDao (MKR), Compound (COMP), Yearn.finance (YFI), SushiSwap (SUSHI), 0X (ZRX), Synthetix (SNX) and Curve (CRV). The ETF would be offered through Gemini Fund Solution, a platform built specifically for Crypto ETFs. The ETF would act as a…
Bitcoin Above $42K While Ether and SOL Tumble
This year, cryptocurrencies have been on a rollercoaster, with Bitcoin prices trading near $42k after jumping over 40$. The world’s most significant digital token is up 1.5% at present but down 9% overall for 2022 so far – it still needs to recover some lost ground if we want our asset back near its record high. As a sign of the times, Bitcoin continues its climb to new heights. The cryptocurrency market capitalization is now over $2 trillion as per CoinGecko – with solid support coming from crypto prices across…
Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies – Fintech Bitcoin News
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency (CBDC). The bank also said its regulatory sandbox continues to garner interest. CBDC Roadmap The Zimbabwean central bank, the Reserve Bank of Zimbabwe (RBZ), has reiterated that it prefers a central bank digital currency (CBDC) to cryptocurrencies, in its latest monetary policy statement. It adds it is now “actively exploring the feasibility of adopting a Zimbabwean CBDC including specific design…
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