The decline in the crypto prices is related to the decision of the Federal Reserve to withdraw stimulus funds from the market.
Project creators also explained that the program is expected to scale up to 10,000 users by March 2022, after which other customers on the WenWallets waitlist will be onboarded.
Government bond yields remained high with the two-year treasury adding 1.04% and the 10-year note hitting a high of 1.87%.
Bitcoin exchanged hands at around $39,021.77, having shed approximately 7.5% in the past 24 hours. Consequently, the asset is down approximately 20%, 9.7%, and 8.4% in the past 30 days, 14 days, and seven days respectively.
The figures Netflix posted seemed to affect US stocks as index futures performance was unbalanced between the DIJA, Nasdaq Composite, and the S&P 500.
The new Meta NFT Marketplace will allow users to create/mint the digital collectible tokens as well as buy and sell NFTs.
Sony is also likely to ink new acquisitions in the near future to solidify its position.
Thanks to NYDIG, customers at these banks will now trade Bitcoin via regular mobile banking apps provided by the institutions.
This came after Google dialed back its plans to add bank accounts to its payment app. The company’s ambition to offer financial services has been in the works for years.
Microsoft made a big move in the gaming industry which could possibly help it lead its way into the Metaverse.
The UK’s current inflation rate surpassed the 5.2% expectation of economists, ahead of the BoE’s next meeting in February.
The United States is not yet out of the pandemic blues as the stock market dip is being fueled by a slowing economy across the board due to the Omicron fears amongst others.
Apart from Mastercard, a lot of its competitors like Visa and American Express are too entering into multiple partnerships with crypto firms.
Giant chip manufacturer Intel appears set to enter the Bitcoin mining ASIC market with its new chip, to compete with Bitmain.
Acquiring Activision Blizzard, Microsoft will be the owner of all the structural parts of the game company. In addition, once the transaction is closed, Microsoft will become the world’s third-largest gaming company by revenue.