Day: December 6, 2022

Price Slump For Bitcoin Looming As VIX Rises Back Above 20

boss

The Bitcoin price has currently stabilized strongly around the $17,000 mark. However, the price could face further headwinds in the coming days, as the VIX exposes. The VIX is a real-time volatility index from the Chicago Board Options Exchange (CBOE). It was created to quantify market expectations of volatility. In doing so, the VIX is forward-looking, meaning that it only shows the implied volatility of the S&P 500 (SPX) for the next 30 days. Basically, if the VIX value goes up, the S&P 500 will likely go down, and if…

Meta Threaten to Pull US News if Congress Passes Journalism Bill

Meta Platform’s threat to remove news from its platform is something it had actually done before. Social media and multinational tech conglomerate Meta Platforms Inc (NASDAQ: META) has threatened to pull off US-related news content from its apps if the American Congress passes the controversial Journalism Bill. Billed as a National Security initiative, the Journalism Competition, and Preservation Act, if passed, will give the power to news outlets to negotiate the revenues they can get from their content that goes on tech giant’s platforms. The controversial bill will not only…

Microsoft Offers Sony 10-Year Deal to Share Call of Duty Game with PlayStation

Microsoft has proffered a deal to Sony for COD to be available on PlayStation for 10 years upon completion of the Activision acquisition.  Microsoft (NASDAQ: MSFT) has reportedly offered Sony (TYO: 6758) a provisional 10-year deal regarding Call of Duty’s licensing rights on the PlayStation console. Should Microsoft’s massive Activision deal go through, the American tech giant is willing to make Activision’s Call of Duty available on PlayStation alongside Xbox. According to Microsoft’s President Brad Smith, the deal offered to Sony to share each new Call of Duty release spans 10 years. Furthermore, the Washington-based tech corporation…

TRON Ecosystem To Undergo Changes

boss

As the newest committee proposal nears completion, Tron will undergo dramatic changes. An update tweet states that the fee cap for smart contracts will be raised from 10,000 to 15,000 TRX coins. The developers believe this would mitigate the risk connected with smart contracts by reducing the number of low-value smart contracts created on the ecosystem. At the same time, it will greatly increase the #TRX staking rate and burning volume, further expand the #TRX deflation rate to 3.17%, and the annual burning volume of #TRX on the #TRON network will…

ConsenSys to Update MetaMask Crypto Wallet in Response to Privacy Backlash

Consensys warned, though, that users may need to take extra precautions should they wish to retain their privacy by bypassing Infura: “From a privacy perspective, we caution that these alternatives may not actually provide more privacy,” ConsenSys said in its statement. “Alternate RPC providers have different privacy policies and data practices, and self-hosting a node may make it even easier for people to associate your Ethereum accounts with your IP address.” Source

Big Eyes Coin and Huobi Token Are Two Altcoin That Could Grow Really Fast

Place/Date: – December 6th, 2022 at 12:46 pm UTC · 4 min read Source: Big Eyes Coin Growth is a currency in the cryptocurrency market as investors are looking to put their money where there’s a guarantee that it will appreciate. Big Eyes Coin(BIG) has been impressive for some months, having raised over $11 million on presale. It would take top projects to raise that amount of money in today’s market, considering the bear rally continues to drive the market down. Big Eyes has made a statement in the crypto…

UK Financial Regulator Seeks Comments on Ad Approval Process That Covers Crypto

The FCA is consulting on whether a company that wants to be allowed to approve promotions should be checked for having “adequate systems, controls and processes in place” and whether it is able to maintain the records of the financial promotions it wants to oversee, that it is capable of checking they comply with the FCA rules and can assess the viability of what the business is advertising. Source

3 Tokens Expanding Blockchain Capabilities – Rocketize, Litecoin, and Chainlink

Place/Date: – December 6th, 2022 at 12:40 pm UTC · 4 min read Source: Rocketize Photo: Rocketize Over the last five years, the overall capability of the crypto space began to change into a dynamic that included other industries apart from finance. The introduction of play-to-earn games also brought about the popularity of Non-Fungible Tokens (NFTs). There are no longer any limits to what the Crypto Space has to offer users as cryptocurrencies continue to infiltrate different parts of the world’s economies. Here are three tokens contributing to this expansion:…

Will the Emerging Meme Coin, Dogeliens Token Overtake the Cosmos and Theta Network?

Place/Date: – December 6th, 2022 at 12:33 pm UTC · 2 min read Source: Dogeliens Photo: Dogeliens Cosmos (ATOM) is a decentralized network of blockchains that continues to persist, and Theta network is famous among different streaming platforms. But the Dogeliens Token (DOGET) has way more services to offer. It is a potentially a very high-yielding cryptocurrency. Cosmos (ATOM) – Reducing Fragmentation in Blockchain Networking Cosmos (ATOM) is a project that provides an ecosystem of connecting blockchains. It aims to provide a cost-efficient, advanced, and environment-friendly working protocol against its…

South African Digital-Only Bank Launches Crypto Payments Gateway – Fintech Bitcoin News

boss

A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of the digital-only bank, said the “new gateway is a game-changer” that also helps small businesses “preserve wealth in unfavourable economic conditions.” Storing Crypto With a Digital Bank The digital-only bank Be Mobile Africa recently created a cryptocurrency gateway that allows South African businesses and merchants to accept digital currency payments, a report has…