Author: Granit.M

The crypto sector witnessed some of the largest cryptocurrencies, Bitcoin, Ethereum, and Dogecoin slip, whereas SHIBA INU surges 17%. Bitcoin prices fell below $61,000, with the world’s crypto giant by market capitalization trading at $60,935, down more than 3%. The biggest cryptocurrency has gained 109% year-to-date and previously reached new all-time highs.  This happened also to Ether, the second-biggest crypto and the unit connected to ETH blockchain, which fell over 1% to $4,158. Dogecoin prices dropped more than 2% to $0.25 while Cardano prices were slightly lower at $2.15.  Over the previous 24 hours, other digital assets such as Binance…

Treasury Secretary Janet Yellen organized the President’s Working Group on Financial Markets, which is expected to release its report soon. As doubts about the growing importance of Tether and other stablecoins within the crypto sector arose earlier this year, US Treasury Secretary Janet Yellen convened a special conference of financial regulators. Creating a plan on how to manage the $130 billion asset class was the main purpose of it, and it seems that such a plan already exists. According to a Bloomberg article today based on anonymous sources, the US Treasury Department will allow the Securities and Exchange Commission to…

Mastercard and crypto firm Bakkt Holdings are now in a partnership to bring cryptocurrency closer to the customers. Bakkt’s part of the partnership will be to offer custodial services for the ones who sign up. Things might greatly change for Mastercard as it has decided to enter the cryptocurrency sector. Adding crypto card payments to their services will now be possible for partner banks and other merchants on the company’s payment network. Such facilitation will entail the release of Bitcoin wallets, credit and debit cards with digital asset payment capabilities, as well as the ability to earn crypto incentives, reports…

American electric vehicle company, Tesla, with Elon Musk as a CEO informed that they might go back to crypto transactions in the future. The information was revealed in a quarterly filing with SEC in September. The company can see cryptocurrencies as an alternative to cash in the long run. The Dogefather and his company are firm believers in using digital assets for different purchases. Crypto assets can be used as a store of value and a form of payment states the company as it believes cryptocurrencies will keep staying strong in the future. Accepting crypto for Tesla purchases would not…

There is a significant number of investors that are willing to put more money into cryptocurrencies than stocks.  Major Success for the Crypto Market  The crypto sector is exploding with new coins and new investors who are attracted to it day by day. For a better comprehension of the investment environment of crypto, Cardify analyzed the crypto investor trends and their growth. Moreover, the market research company conducted a survey with over 1330 cryptocurrency investors, asking them about their investing experiences, their viewpoint on Altcoins as well as the danger that comes with the territory.  According to this survey, crypto…

NFT collection from Tyler Hobbs is yet to be minted, however, this didn’t stop buyers from spending $7 million in a dutch auction. They did so in order to win one of the 50 Golden Tokens that would grant them ownership over these unminted nonfungible tokens. The artist behind this, Tyler Hobbs, is already famous for his work which can be found in different exhibitions. He is the author of Fidenza, the NFT series, and now is up to the next project. Hobbs will be part of the New York City-based Bright Moments gallery in the month of December, where…

Musk is a famous name within the SHIBA INU community, however, his last tweet only enraged the SHIB holders. The crypto advocate confirmed that while he owns BTC, ETH, and DOGE, he didn’t make any investment in SHIBA INU. Musk has shared pictures of his SHIBA INU puppy before, but it seems that the puppy is the only SHIBA INU he has.  Don’t Bet the Farm on Crypto!  Although a significant figure in the SHIBA INU community, when he was asked on Twitter how much SHIB he is holding, Musk responded with ‘none’. He also didn’t invest in the Floki…

A moment of terror for Bitcoin holders on Binance as their wallets were almost completely emptied in a span of a single minute. The Bitcoin price flash crash on Binance was unexpected but has since been fixed, as reported by an exchange official. On Binance.US early Thursday, Bitcoin’s price dropped 87% and then recovered in a single minute, in a quick but very genuine flash crash. The cryptocurrency exchange blamed a trader algorithm bug for this.  The price shifted from $65,760 to as low as $8,200 and quickly got back to the previous value.  One of the institutional traders informed…

Walmart, the giant retail corporation, together with Coinme, a crypto ATM firm, will make it possible to purchase Bitcoin from 200 of the Coinstar kiosks.  This way Walmart shoppers will get the chance to buy Bitcoin at some of the US stores. A very convenient method, finding cryptocurrencies at Coinstar machines located inside the store.  The process is simple, a paper voucher is issued after bills are inserted into the machine. Before the voucher can be redeemed, the user must first create a Coinme account and pass a know-your-customer (KYC) check. According to the Coinstar website, the machine charges a…

Scanning your eyes in exchange for free cryptocurrencies seems hard to believe, but Worldcoin will turn this into reality.  Innovative Project for Wider Crypto Adoption  The new crypto unicorn, co-founded by Sam Altman, Alex Blania, and Max Novendsternand supported by a16z, has this new excellent idea on how to spread cryptocurrencies all over the world and have countries adopt them.  Looks like a project that gives out free crypto coins is one that aims for the moon, but Worldcoin is not doing it alone. Big names like Andreessen Horowitz, Coinbase Ventures, 1confirmation, Blockchange, and Day One Ventures and a value…