Mashinsky says Bitcoin is best held as a store of value, while Ether’s primary use is yield farming.
The OPEC+ group of oil producers have failed to reach a common consensus concerning the oil production increase for the August-December quarter as well as the extension of productions cuts to the end of 2022. Analysts predict that no conclusion will lead to a major surge in global oil price as demand surges post-pandemic.
PBOC and the Chinese Government joined hands to practice a permanent crypto ban in the region citing environmental issues.
Pleo generates 70% of its income from the exchange fees extracted from a merchant’s bank account once a customer uses their card.
While the NFT craze has been on a declining trend, the buyers have still outnumbered the sellers by a strong margin. Several NFT marketplaces have grown in size considerably over the last few months.
The standoff between UAE and Saudi Arabi has kept the oil price floating around $75. Any failure to reach a deal could potentially shoot the oil price resulting in major inflation and derailing the efforts of economic recovery.
Latam Tech Exchange being the largest cryptocurrency exchange in Latin America has successfully attained an active investment of $200 million from Japan’s SoftBank Group Corp.
Positive news surrounding COVID-19, the discovery of a vaccine, lockdown reopenings all played a big part in fueling the growth on Wall Street in 2021.
Grammy-nominated Katy Perry is going to launch her first-ever NFT collection with Theta Network. The inaugural collection will celebrate her ‘Play’ residency located in Las Vegas.
Soros Fund Management is also in talks about the acquisition of small blockchain-based firms as approved by the CIO.
24 million banking customers in the US are set to receive a Bitcoin purchasing facility with the latest partnership between NYDIG and NCR. The payment giant NCR is looking to bring Bitcoin use in daily activities through its ties with multiple businesses across the US.
This collaboration comes as FTX is considering a possible $1B funding round that could bring its valuation to as much as $20B.
The current 4% yield announcement by Coinbase will be an equivalent of over 2,500% increase.
Moderna’s mRNA vaccine has shown strong results with the delta, beta, and eta COVID-19 variants which have been the cause of concern over the last few months. The US pharma giant also secured emergency approval from the Government of India to use its vaccine for authorized purposes.
The statement also revealed that the crypto trading platform will create a post-trade infrastructure with a network of digital asset custodians.