Day: January 21, 2023

Switzerland Less Affected by Crypto Industry Crisis, Study Finds โ€“ Economics Bitcoin News

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While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or the business altogether. Crypto Valley in Switzerland Maintains Number of Residents Despite Crypto Winter The market downturn and the collapse of platforms like cryptocurrency exchange FTX and the Terra-luna ecosystem sent shockwaves through the industry. The negative events of 2022…

The Use of Blockchain in the Film Industry

Web 3.0 technologies are making further inroads into a variety of traditional businesses, hence introducing innovation to previously established protocols. This encompasses creative industries that have a long history, such as the music business, as well as more contemporary creative sectors, such as the film industry. The new film Fuzzy Head will have its world debut this year at the Slamdance Film Festival, which is an Oscar-accredited film festival for independent filmmakers. The production of the film was made possible by the blockchain-powered crowdfunding site Untold.io. “The most crucial part…

Exploring the Top Players in the Crypto Space: Big Eyes Coin, Polkadot, and Dogecoin

Place/Date: – January 21st, 2023 at 9:38 am UTC ยท 4 min read Source: Big Eyes Coin Welcome to the world of crypto, where innovation, growth, and community are the key ingredients to success. In this article, weโ€™ll be exploring three of the most notable players in the crypto space: Big Eyes Coin, Polkadot, and Dogecoin. As institutional investors continue to recognize the potential of digital assets, these projects are well-positioned to make a big impact in the crypto world. From the presale success of Big Eyes Coin to the…

UAE Says No Virtual Asset Service Provider Has Been Granted an Operating Permit โ€“ Regulation Bitcoin News

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The United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the countryโ€™s minister of state for artificial intelligence and the digital economy, Omar Sultan Al Olama, no crypto entity has been โ€œable to onboard any customers even last week.โ€ VARA Has Yet to Grant a Full Market Product License The United Arab Emiratesโ€™ virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has not issued any operating license to date, the countryโ€™s digital economy minister Omar Sultan…

Dead cat bounce? Bitcoin price nears $23,000 in fresh 5-month high

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Bitcoin (BTC) took a swing at $23,000 into Jan. 21 as Asia buyers drove fresh market strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bid liquidity causes suspicion Data from Cointelegraph Markets Pro and TradingView showed BTC/USD battling bears to reach $22,790 on Bitstamp overnight โ€” its highest since August. With new multi-month peaks coming in quick succession despite fears of a major correction, Bitcoin continued to surprise as traders cleared the way for more upside. As noted by intraday trader Skew, Asia was leading the way into the weekend,…

Snowfall Protocol (SNW) about to Sell Out Its Presale Earlier than Expected

Place/Date: – January 21st, 2023 at 9:11 am UTC ยท 4 min read Source: Snowfall Protocol A lot has changed with blockchain gaming over the past few months. After its phenomenal 2022, many successful games have emerged to build a sustainable economy around fun gaming. The highlight of activities in the gaming world center around Axie Infinityโ€™s (AXS)ย  movement from play-to-earn to play-and-earn. This concept focuses on providing pure nostalgic gameplay and alluring lore. Gala Game (GALA) s was not left out in its bid to promote excellent gaming. However,…

Toncoin (TON), Quant (QNT) and Orbeon Protocol (ORBN) Price Prediction 2023

Place/Date: – January 21st, 2023 at 9:08 am UTC ยท 3 min read Source: Orbeon Protocol Toncoin (TON) has experienced a 30% surge in price that saw it enter the top 20 cryptos bracket by market capitalization. The recent increase is a good sign for Toncoin (TON) in 2023. Quant (QNT) may have declined by more than 80% from its ATH but is also predicted to make great gains in the first quarter of the year. Orbeon Protocol (ORBN) is another interesting token to keep your eyes on. The new…