Fresh Gains Push Bitcoin Back Into the World’s Top 10 Most Valuable Assets

Post Views: 201 While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the world’s tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization and just below Berkshire Hathaway’s overall valuation. source

Biggest Movers: WAVES Nearly 60% Higher, as AXS Surges Close to 25% in Today’s Session

Post Views: 182 WAVES prices surged by almost 60% on Tuesday, leading gainers in crypto markets during today’s session. This move took prices to a 20-day high, and came as AXS also rallied, climbing by over 25% earlier in the day. WAVES was one of Tuesday’s biggest gainers, as prices rose by nearly 60%…

South Korea to Invest $177 Million Directly in Metaverse Platforms

Post Views: 235 The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information and communication technologies. South Korea is one of…

Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in Crypto

Post Views: 222 The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow it to engage in crypto. “The reality is that we can’t do it by regulation,” he said. Bank of America (BOA) CEO Brian Moynihan talked about cryptocurrency in an interview with Yahoo…

Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’

Post Views: 192 India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global paradigm on digital assets,” emphasizing that “There has to be a broad framework on which all economies have to be together.” Indian Economic Affairs…

Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report

Post Views: 238 Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions. Turkey is drafting a bill to establish new rules for the crypto industry, Bloomberg reported last week, citing two unnamed Turkish officials familiar with the matter. According…

Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low

Post Views: 213 After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. In a sign that Lebanon’s ongoing economic crisis is worsening, the black market exchange rate of the…

Undervalued Metaverse Project Mars4 Is Preparing for New Releases

Post Views: 290 What exactly is Mars4? The Future of Mars4 The Mars Control Center, which is expected to launch at the end of June this year, is another major release. Players can access their owned NFTs, trade and manage assets, check their revenue and leaderboards, and get earnings on MCC, which provides a variety…

While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations

Post Views: 225 It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8% in value during the last 24 hours. Amid the token’s 24-hour rise, controversy…

Report: Latam Countries Are Among the Most Enthusiastic About the Metaverse

Post Views: 263 A new survey has found people’s opinion of the metaverse in emerging countries is significantly more positive than in their developed counterparts. The study, carried out by Ipsos for the World Economic Forum (WEF), also shows that Latam countries are among the most enthusiastic about the future of the metaverse and its…