Day: January 11, 2023

Solana Price Surge Attracts Investors, What’s Driving It?

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Solana’s price has achieved an unexpected week-long rally, causing it to significantly outperform almost all other cryptocurrencies. As the price of the centralized smart contract token stabilizes, investors are showing interest in how high it can go. In the first week of 2023, the price of Solana (SOL) soared in value, going from $9.7 to $17.50. As a result, trade volume in SOL has increased, and Wallet Investor predicts that SOL will hit new highs in 2023. The current Solana price, as reported by CoinMarketCap, is $15.87. The value has…

Taunt Battleworld Announces Launch of Black Magic NFT Collection – Press release Bitcoin News

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press release PRESS RELEASE. Taunt Battleworld, a digital collectible competitive fighting game for the metaverse, will launch its next NFT collection, the Black Magic Collection, on January 14, 2023, exclusively on Magic Eden. These NFTs are ideal for gamers and enthusiasts interested in the fighting game genre featuring player-owned assets and various live tournaments. In addition, all fighters will also come with a decentralized artificial intelligence Brain from Altered State Machine. The ASM Brains are AI NFTs, which will power future utility in the game such as training, personality, and…

Coinbase Could Be One of Crypto’s Long-Term Survivors: Oppenheimer

According to him, if the U.S. Federal Reserve continues to raise interest rates, half of Coinbase’s revenue could be made up of the exchange’s subscription services, which are tied to a partnership with stablecoin issuer Circle. In addition, the “many positives” that have yet to be priced into the exchange’s stock include Coinbase’s market share gains, its strong balance sheet and its short squeeze potential, he said. Source

Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card

Place/Date: New York, United States – January 11th, 2023 at 5:37 pm UTC · 3 min read Contact: Daniel Choy, Source: Reap Reap, the global fintech company powering expense management through the industry first Reap Visa Corporate Card (“Reap Card”) platform, launches industry-leading innovation by including cryptocurrency repayments functionality for the Web3 industry. Together with the Reap Card, Reap is offering expense management software that will enable web3 companies to settle their fiat payments with cryptocurrencies. Daren Guo, Reap Co-Founder, said: “We noticed a gap in the payments market involving…

FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges – Market Updates Bitcoin News

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As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that threshold. FTT Token Jumps 28% Rising Above the $1 Threshold The value of FTX’s exchange token, FTT, has seen a marked increase over the past two days. On Jan. 9, 2023, the coin reached $1.36 per unit. While some of those gains…

Binance approved to offer crypto services to Swedish customers

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The Swedish Financial Supervisory Authority, one of the country’s financial regulatory agencies, has granted the local arm of crypto exchange Binance approval to manage and trade digital currencies. According to a Jan. 11 announcement, Binance said that following “months of constructive engagement” with the financial regulator, the FSA granted Binance Nordics AB’s registration status on Jan. 10. This decision effectively allows Swedish residents to access Binance’s crypto services. “Sweden fully adopts EU laws and has further local requirements, so we have been careful to ensure that Binance Nordics AB has adopted…

Venom Foundation in Partnership With Iceberg Capital Launches $1 Billion Venom Ventures Fund

Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM regulated investment manager, officially announce that they have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF). The blockchain-agnostic fund will invest in innovative protocols and Web3 dApps, focusing on long-term trends such as payments, asset management, DeFi, banking services, and GameFi. It aims to become the leading supporter of the next-generation digital technologies and entrepreneurs. Venom Ventures Fund (VVF) will leverage Iceberg Capital’s network,…

Bitcoin SV Drops as Robinhood Ends Support

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“We have a rigorous framework in place to help us regularly review the crypto we offer on Robinhood,” a spokesperson told CoinDesk in a statement. “We are extremely selective about the assets we offer as we build toward our goal of making Robinhood Crypto the most trusted, lowest cost, and easiest to use on-ramp to crypto.” Original