Coincorner247 The Latest Crypto News Over The World

Crypto News

Walmart Targets The Metaverse By Sam's Club Trademark Application

Indicating the retail behemoth's intention in joining the metaverse space, Walmart Apollo, a division of Walmart Inc., submitted a trademark application for "Sam's Club" in the U.S. The March 30 application describes a broad range of entertainment services involving virtual, augmented, and mixed realities as the trademark app covers the electrical transmission of virtual reality data and material, online virtual and augmented reality environments.

U.Today - 1240 ngày trước

Cardano Receives On-chain Gaming Boost Following The Launch Of Paima Layer 2

Cardano users will be able to play on-chain games using ADA tokens thanks to a new cross-chain network integration, allowing users of other networks to be able to play Cardano-based games. Paima Studios introduced this feature for the Cardano blockchain on Monday. Paima is a layer 2, or independent network, which bundles transactions to a basic blockchain for quicker speeds and less expensive charges, making the transfer viable.

coindesk - 1240 ngày trước

Searches For Dogecoin Increase 1,992% After Elon Musk Changes The Twitter Logo

Google searches for the cryptocurrency Dogecoin increased by around 2,000% after Elon Musk decided to swap out the well-known Twitter bird symbol with the Dogecoin's Shiba Inu image. This extraordinary surge in search interest was a twenty-fold improvement over the weekly norm. Searches for "buy doge" and "buy dogecoin" increased significantly, by about 1,000% and 250%, respectively. Shiba Inu coin searches increased by 132% at the same time.

U.Today - 1240 ngày trước

Version 3 Of PancakeSwap Introduces A New Functioning Features

PancakeSwap, a decentralized finance (DeFi) protocol, has released version 3 of its automated market maker platform on BNB Chain and Ethereum. One of the main features of the upgrade is mentioned as being increased capital efficiency, and it involves a change in how liquidity providers can deploy money at particular price intervals. Version 3 gives liquidity providers more control over capital investments in larger volume trading ranges.

cointelegraph - 1240 ngày trước

TradFi Banks Collaborate To Develop Blockchain-Based Trading Platform For Digital Bonds

Two pillars of European traditional finance, the Swedish bank SEB and the French investment bank Credit Agricole CIB, have teamed up to create a blockchain-based platform for digital bonds. The platform will allow businesses to acquire cash by issuing digital bonds on a blockchain network with the goal of increasing efficiency and enabling real-time data synchronization. Via smart contracts, users will be able to manage securities and raise funds.

coindesk - 1240 ngày trước

Private Bank In Liechtenstein Partners With Metaco, A Developer Of Digital Asset Technology

Swiss digital asset technology provider Metaco has signed its fifth partnership with a significant financial institution in the past nine months, this time with Liechtenstein private bank VP Bank (VPBN). To expand its digital asset custody and tokenization services, VP Bank hired Metaco to provide the Harmonize platform. The lender launched its digital asset strategy in 2021 with the goal of tokenizing and maintaining custody of tangible assets.

coindesk - 1240 ngày trước

Institutional Interest in Crypto ETFs Cooled but Not Gone, Survey Says

According to a survey, institutions' roller-coaster year with cryptocurrency has not significantly deterred them from investing in the sector through regulated fund structures. According to a study by the specialized investment firm Brown Brothers Harriman & Co., 48% of institutions polled overall intend to add crypto-related ETFs to their portfolios in 2023. A year ago, this number was 54%; it has since dropped by six percentage points.

Blockworks - 1240 ngày trước

DappRadar Claims That NFT Trading Had A Great Q1 With Revenue Exploding To $4.7 Billion

Sales and trading volume in the first quarter in 2023 reached its highest level since Q2 2022, giving the non-fungible token (NFT) market a robust start to the year. Data from the blockchain intelligence company DappRadar shows that the first quarter's trading volume in 2023 for digital collectibles increased by 137% to $4.7 billion despite that the trading volume fell by 15.65% in March as the NFT marketplace Blur's token airdrop in February became successful.

The Daily Hodl - 1240 ngày trước

825 Bitcoins Were Mined By Marathon Digital In March, Setting New Record

According to the monthly operations report, the bitcoin (BTC) mining company Marathon Digital mined 825 Bitcoin in March, setting a new record for the business. In comparison to February, March's production of 825 BTC increased by 21%. Marathon Digital held $124.9 million in unrestricted cash and cash equivalents as of the end of March, according to the monthly report, and 11,466 BTC in total in unrestricted Bitcoin holdings.

CryptoSlate - 1241 ngày trước

Gucci And Yuga Labs Introduces An Otherside-Themed Jewelry

The $4 billion business Yuga Labs, maker of the popular NFT line Bored Ape Yacht Club, and the high-end fashion house Gucci recently hinted at a partnership focused on the metaverse that would converge the physical and digital worlds. Otherside: Relics by Gucci, a limited-edition line of physical Gucci goods and related NFTs, was unveiled by Yuga on Monday. Otherside is a long-awaited metaverse game with an ape motif.

Decrypt - 1241 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 - 1073 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 - 1073 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 - 1073 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 - 1073 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 - 1074 ngày trước