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Bitcoin
Survey: Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender
A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador, has found that more than half of the Salvadorans surveyed still prefer the dollar over bitcoin as legal…
PlanetQuest and Immutable X Launch Community Friendly NFT Planet Sale
PRESS RELEASE. In a radically different approach to handling an NFT sale, PlanetQuest, has just launched its community friendly Planet Sale at planetquest.io. The Cinematic Multiverse and Blockchain Game, backed by Hollywood and Gaming…
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last…
Binance Obtains Regulatory Approval to Offer Crypto Products in Italy
Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of…
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt…
Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist
Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well into 2023. “I think…
Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill
A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry has introduced a…
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown…
Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already…
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s…