Altcoin Roundup: 3 metrics that traders can use to effectively analyze DeFi tokens
DeFi presents a wealth of opportunity for investors, but there are also risks. Here are three metrics investors use to analyze decentralized finance tokens and their associated protocols. Much to the chagrin of cryptocurrency proponents who call for the immediate …
Reelected Miami mayor to take 401k retirement savings partly in Bitcoin
Miami Mayor Francis Suarez also receives a part of his salary in Bitcoin with the help of a third-party payment processor Strike. The long-standing mayor of Miami Francis Suarez has now announced plans to take a part of his 401(k) …
Crypto market eyes recovery ahead of key US inflation data release
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data. Growing inflation has become a mounting concern for nations around the world, especially the United States. The U.S. has seen one of the sharpest rises …
Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years
CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive. Bitcoin (BTC) surged over $1,000 in seconds on Dec. 10 as the United States Consumer Price …
Virtue Gaming launches play-to-earn crypto model to bring online poker to US players
The platform is backed by World Poker Tour champion and professional poker celebrity Phil Ivey. On Friday, Virtue Gaming, a decentralized online poker platform built on the Ethereum (ETH) blockchain, launched the first play-to-earn digital poker casino in the United …
NFT clone Punks: Right or wrong?
“Can someone explain to me why NFT clones are selling for so much? asked Redditor LittleDoofus a couple of months ago. NFT clones cash in on successful NFT collections by releasing similar or even identical copies of the art under …
Bitcoin hovers near $48K ahead of fresh key US inflation data
Inflation marks just the start of some key macro decisions that could keep Bitcoin down for months, warnings indicate. Bitcoin (BTC) recovered above $48,000 on Dec. 10 after another fall took BTC/USD to lows of $47,350 overnight. BTC/USD 1-hour candle …
Florida governor’s budget proposal wants to let residents pay fees in crypto
The new budget proposal also involves a blockchain pilot for vehicle registrations. Florida Governor Ron DeSantis has officially proposed the state government to allow businesses to pay state fees with cryptocurrencies like Bitcoin (BTC). The Republican governor announced the idea …
Binance reportedly in talks to launch crypto exchange in Indonesia
Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture. Binance, the world’s largest crypto exchange by trading volume, is reportedly in talks with Indonesia’s richest family, the Hartonos, to open a crypto exchange. …
Russia prioritizes CBDC ruble as overall crypto outlook seems positive
What is the future of cryptocurrencies in Russia, and can a digital ruble really be introduced in the coming years? After the Chinese authorities introduced a complete ban on cryptocurrency transactions in September by equating them to illegal financial activity, …