Amid the current bearish sentiment around the cryptocurrency market, the popular Ethereum-based meme coin Shiba Inu has taken a positive step by partnering with internet domain company D3 Global. Significance Of Shiba Inu’s Partnership With D3 Global The team revealed its partnership with the internet domain name company in its latest version of the SHIB magazine. The latest magazine is now the seventh version that has been released since it was introduced. D3 Global is a domain company that focuses on bridging the gaps between the web2 and web3 ecosystem…
Day: December 20, 2023
Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
Responsible persons include anyone “exercising control or sufficient influence over a financial product offered, financial service provided, or financial activity engaged in (or over products, services, and activities that behave like, or have been substituted by investors for, financial products, services, and activities) by the DeFi arrangement.” Source
Worldcoin Launches World ID 2.0 with Tiered Authentication and Major Integrations
World ID Apps allow users to verify accounts and apply a verification status similar to the blue checkmark used on some social media platforms. The latest version of Worldcoin’s identity platform World ID 2.0 comes with the addition of Apps, a new way to build and use integrations to verify your online accounts using World ID. Thanks to the upgrade, users will be able to explore various apps available on the new Worldcoin App Store, including the new integrations with Reddit, Discord, Shopify, Minecraft, messaging app Telegram, and e-commerce platform…
Access Protocol Announces $250 Airdrop in ACS Token to Saga Phone Owners
The ACS token from Access Protocol, distributed in the recent airdrop, functions as a means of payment that holders can utilize to gain access to a wide variety of crypto-themed content. In a surprising turn of events, Saga phone owners are receiving an unexpected windfall, with crypto publishing platform Access Protocol distributing ACS tokens worth $250. The platform announced the airdrop, providing all Solana-centric phone owners with 100,000 ACS tokens. Access 🤝 @solanamobile ecosystem 🪂 The first of many to airdrop Saga users, old and new. Here is 100,000 ACS,…
Wall Street Soars on Dovish Fed and Positive Economic Outlook
Positive economic indicators, such as an 18% surge in groundbreaking new single-family homes in November, contributed to the optimistic outlook. Wall Street outlook continues to show positive trends as the market’s upward trajectory remains sustained following last week’s dovish policy shift from the Federal Reserve and eagerly anticipated crucial inflation data. The broad-based rally propelled all three major US stock indexes to gains, inching the S&P 500 (INDEXSP: .INX) closer to its All-Time High (ATH). This surge in optimism has been attributed to the Fed’s commitment to accommodative policies and…
Bitcoin Could Surge to $160K on Halving, Spot ETF Hype in 2024, But Risks Remain
“We argue that bitcoin and crypto markets could have a positive year in 2024 mostly amid the effects from: 1. The market valuation cycle, 2. Network activity, 3. The bitcoin halving, 4. The macroeconomic perspective, 5. Bitcoin spot ETF approval and 6. Growing stablecoin liquidity,” analysts at CryptoQuant said. Source
Elastos’ token ELA jumps 100% following Bitcoin layer-2 announcement
Blockchain developer Elastos introduced a Bitcoin layer-2 network, aiming to attract liquidity through its staking tools. According to a blog post, Elastos‘ new solution called “Bitcoin Elastos Layer2” abbreviated as BeL2, intends to leverage SmartWeb technology to enhance the capabilities of the Bitcoin network. The focus is on bringing staking solutions and incorporating zero-knowledge proof technology. Despite the announcement being made in late November, the response from the crypto community was initially muted. However, following the release of a whitepaper by the development team outlining the details of the BeL2…
Crypto’s Wild Meme coin World Sees Trader Make $2M From $450 on COQ Token
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Ripple Added to Central Bank of Ireland’s Virtual Asset Service Providers (VASPs) Register
This registration will let Ripple offer its certain digital assets services to clients within Ireland. Ripple has officially revealed that the Central Bank of Ireland (CBI) added its Irish entity Ripple Markets Ireland Limited (Ripple Markets) to the list of registered VASPs (Virtual Asset Service Providers). Now, after gaining this registration in Ireland, Ripple be working on the expansion of its services within the European Economic Area. This will become possible in case of gaining all the necessary licenses under the MiCA regulation that is expected to come in force…
Woo Network Token 75% Rally Sparks Investor Interest
The market is still on the lookout for distinct signs of a long-term recovery. Given this, it is critical to pay strategic attention to tokens such as Woo Network (WOO), which present chances for short- and long-term trading in the dynamic crypto environment. The cryptocurrency market is in a positive mood as the new week begins, following a time of increased volatility in the first half of December. The two most popular cryptocurrencies, Ethereum and Bitcoin, have shown signs of stability during the last 48 hours. Woo Network Explodes 75%…