Day: January 3, 2023

Square Enix Will Make Aggressive Investment In Blockchain

The legendary gaming studio Square Enix will continue to double down on Blockchain technology and digital assets in 2023. In a letter published by the company’s president Yosuke Matsuda, the company committed to focusing on “blockchain entertainment” and Web3.  In 2022, Square Enix explored non-fungible token (NFT) initiatives. According to the company’s latest financial results, the digital asset and blockchain-based business saw positive feedback and good reception. Matsuda said: (…) we are most focused on blockchain entertainment, to which we have devoted aggressive investment and business development efforts. Looking externally,…

Syrian Central Bank Devalues Local Currency by Nearly 50% – Economics Bitcoin News

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The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from 3,015 per dollar to 4,522 per dollar. The central bank also warned currency speculators that it will take steps to end activities that undermine the stability of the exchange rate. Currency Collapse Worsens the Plight of Syrians The Syrian central bank said on Jan. 2 that it has adjusted the official exchange rate from 3,015 pounds for every dollar, to 4,522. Yet, despite the nearly 50% devaluation, the new official…

The best (and worst) stories from 3 years of Cointelegraph Magazine – Cointelegraph Magazine

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On Oct. 1, 2019, Cointelegraph Magazine’s founding editor, Jon Rice, pressed publish on the first-ever feature story for the publication — a story by Swedish fintech writer Jinia Shawdagor about the country’s embrace of a cashless economy. The brainchild of former Cointelegraph CEO Jay Cassano — who was managing editor at the time — Magazine was designed to fill a major gap in crypto media with in-depth features exploring all angles of the issues in a thoughtful, considered way. While it’s easier to get traffic writing breathless stories about Bitcoin…

Bitcoin teases weekly highs as traders eye BTC price leg up to $17.3K

Bitcoin (BTC) inched closer to $17,000 on Jan. 3 as the first Wall Street open of the year loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Consensus builds for fresh attack on $17,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $16,766 on Bitstamp — its best performance since Dec. 27. Analysts and traders were keenly awaiting the start of Wall Street trading after European stocks posted gains the day prior and United States futures followed suit. As Cointelegraph reported, both equities and gold had looked…

Cardano Sharks Heavily Accumulating ADA Tokens Heading into 2023, Snowfall Protocol (SNW) Soars Past $0.15, Third Round Is Over 80% Sold Out as Chainlink (LINK) Sinks Further – Investors Are Jumping Shit

Place/Date: – January 3rd, 2023 at 2:18 pm UTC · 3 min read Source: Snowfall Protocol Photo: Snowfall Protocol Despite reports of low activity in the ecosystem, the crypto market outlook for 2023 may already be taking shape. Major fund movements are taking place, which may point to the likely winners and losers in 2023. Snowfall Protocol (SNW) is the clear winner having clocked milestone after milestone in 2022. Cardano (ADA) is another winner, but Chainlink (LINK) is struggling. Cardano Sees an Increase in Whale Accumulation Cardano has seen a…

DeFi Is Taking Over, Which Is Why You Should Buy Rocketize, Oasis Network, and Avalanche

Place/Date: – January 3rd, 2023 at 2:05 pm UTC · 4 min read Source: Rocketize As more cryptocurrencies enter the market, finding projects with a high probability of success becomes increasingly challenging. Before selecting a project to invest in, it is preferable to choose projects which have the potential to yield significant profits like Rocketize (JATO), Oasis Network (ROSE), and Avalanche (AVAX). Analysts have carefully researched Rocketize (JATO) as the next big token to hit the meme coin market. Unlike other meme projects before it, Rocketize (JATO) aims to build…

What May CRV Token Holders In 2023 Expect From Curve Finance?

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It seems that the collapse of FTX has turned the tables around for Curve Finance and its CRV token, as more people switched to DEXs and DeFi. CRV has dipped in terms of Total Value Locked (TVL) in 2022 which is considerably lower in comparison to its stats at the beginning of the year. Here’s a quick glance at how the coin has been performing: CRV price down by 1.46% Token weakens in terms of TVL in 2022 Traders remain to be optimistic with CRV for 2023 According to CoinMarketCap,…

Litecoin Whale Withdraws $32M From Binance, Good For Rally?

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Data shows a Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally. Litecoin Whale Takes Out $32M In LTC From Binance As per data from the crypto transaction tracker service Whale Alert, a massive LTC transfer has taken place during the past day. In total, the transaction involved the movement of 425,660 LTC on the blockchain, worth around $32.1 million at the time of the transfer. Related Reading: Billion-Dollar Hedge Fund Is Betting Against Bitcoin And Grayscale, Not Just…

BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes – Market Updates Bitcoin News

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Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begins to pick up following the New Year’s celebrations. This comes as traders turn their attention to tomorrow’s Federal Open Market Committee (FOMC) minutes report. Ethereum also continued to trade above $1,200 in today’s session. Bitcoin Bitcoin (BTC) edged closer to the $17,000 level on Tuesday, as traders turned their attention to Wednesday’s FOMC minutes report. BTC/USD hit a high of $16,760.45 earlier in today’s session, which comes less than 24 hours after trading at a low of…

Accessibility Is the New Crypto Hotness: Big Eyes Coin, Litecoin and Avalanche Lead the Way

With the ongoing Crypto Winter still causing pain for many enthusiasts and investors, it’s clear that in order to reclaim the profit peaks seen in past years, the crypto market as a whole needs to branch out and find untapped markets – to bring aboard fresh users and investors. The only way to achieve this is to make cryptocurrency more accessible – simpler and more efficient, for the convenience of customers who aren’t as experienced with blockchain technologies. The easier crypto projects are to get involved with, the faster the…