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Crypto News

Spain Grants 8 Million Euros To Create Video Games And Metaverse Experiences

Spain cultural plans are starting to take video games and metaverse experiences into account. The Spanish Ministry of Culture has made the decision to allocate 8 million euros ($8.51 million) for the creation of video games and metaverse experiences. The program, which is presently in its second wave, has grown funding by 700% since its first wave, when less than 1 million euros were allocated to support businesses in the industry.

Bitcoin News - 1347 ngày trước

Bank Of Russia Will Test Business Partnerships For Global Cryptocurrency Payments

Olga Skorobogatova, the first deputy chairman of the monetary authority, stated on Monday that the Central Bank of the Russian Federation intended to test using crypto to settle foreign commerce. They are now aiming to attempt the use of cryptocurrencies for international settlements, that is, for foreign commercial activity, within the scope of the experimental legal system that they are constructing.

Bitcoin News - 1347 ngày trước

HRF Bitcoin Development Fund Commits $325,000 In New Grants

A new set of grants has been announced by the Human Right Foundation's Bitcoin Development Fund which is about $325,000 that will be given to twelve projects across five continents around the world to support builders in the industry. HRF has given grants amounting to $1.8 million in BTC and USD and according to the announcement, areas of focus include Latin America, Africa, the Middle East, Eastern Europe, and South Asia.

Bitcoin Magazine - 1347 ngày trước

Crypto Whales' Desire For XRP Surges As Accumulation Reaches An All-time High

The recent price fall of the asset is still being used by XRP whales to buy more tokens. In fact, XRP's price correction coincides with both the broad collapse of the crypto market and the token's failure to maintain gains from the little victories obtained in the ongoing litigation between Ripple and the SEC. The number of XRP whale and shark addresses holding has climbed to 1,617 in Dec 2022, which is the highest XRP coins owned at 7.23%.

Finbold - 1348 ngày trước

Glassnode Reveals Retail Investors Now Hold Largest Share Of The Supply Of Bitcoin

According to recent public blockchain data compiled by analytics company Glassnode, retail investors currently hold about 17% of the total circulating quantity of Bitcoin. A recent Glassnode figures demonstrates that the percentage of the Bitcoin supply held by retail investors has increased steadily since 2011. Glassnode defines "retail" as having less than 10 Bitcoins (BTC), which are presently worth close to $169,000, in a wallet.

Decrypt - 1348 ngày trước

Users Will Now Purchase Cryptocurrencies Using Debit And Credits Cards Through Uniswap

Decentralized exchange Uniswap, in order to enable customers to purchase cryptocurrencies on its web app via debit cards, credit cards, and bank transfers has teamed with fintech firm Moonpay. Users in the majority of U.S, Brazil, the U.K, and the Single Euro Payments Area (SEPA) are now able to use the bank transfer option and also would soon be able to quickly change money to cryptocurrencies on the ETH mainnet, Polygon, Optimism, and Artibrum.

cointelegraph - 1348 ngày trước

Binance Exchange Rival OKX List BNB, Starts Trading Immediately

OKX cryptocurrency exchange made an announcement of the listing of Binance Coin (BNB), the native token of Binance Exchange, on the platform. OKX will definitely allow users to trade BNB tokens for Tether (USDT) and USD Coin (USDC). According to the announcement, Spot trading for these pairs will start on Wednesday, December 21 at 3 a.m. UTC, while withdrawals will start on Thursday, December 22 at 3 a.m. UTC.

U.Today - 1348 ngày trước

Mercedes-Benz Files 5 Trademark Applications For The Metaverse And NFTs

Mercedes-Benz Group AG, the German multinational automobile company is proceeding into the digital space with Metaverse and non-fungible tokens (NFTs). Trademark attorney Michael Kondoudis made an announcement, showing the five trademark filings for "Mercedes Benz, Mercedes, S-Class, G-Class and Maybach" filings which will include licenses for digital currency, non-fungible tokens (NFTs), trading stores for virtual vehicle parts and cryptocurrency trading.

Finbold - 1348 ngày trước

Coinbase Exchange Targets Offering Regulatory Framework For Global Cryptocurrency

The Financial Stability Board (FSB), which is expected to announce its plan to internationally regulate cryptocurrency assets in the coming months, has received a response from leading US-based cryptocurrency exchange Coinbase. The exchange lists a number of crucial areas that it claims should be taken into account in any global regulatory framework in a statement written by Coinbase's chief policy officer Faryar Shirzad.

The Daily Hodl - 1348 ngày trước

Game Creators Wants To Work On Web3 Games In The Future

According to a recent survey, 3 out of 4 game creators are expected to work on Web3 games as the blockchain gaming gets wide adoption in the future. A survey carried out by blockchain entertainment company Coda Labs allowed game creators to give their quick thoughts about Web3. After the survey was conducted, the researchers noticed that 70% of the respondents believed that they will work on web3 projects in the near future.

cointelegraph - 1348 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1076 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1076 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1076 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1076 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1077 ngày trước