Day: 15 April 2022

Uniswap Launches Product In The Midst Of Lawsuit, UNI Reacts To The Downside

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Uniswap’s governance token UNI has been trending to the downside following the general sentiment in the market. The token records a 2% loss during the last day as two major events take UNI holders’ attention and could suggest more downside price action for the short term. Related Reading | Uniswap Registers Yearly Low: Vital Trading Levels To Follow At the of writing, UNI trades at $9.4 with a 6% loss in the past 7-days. UNI is trending to the downside in the 4-hour chart. Source: UNIUSDT Tradingview Yesterday, news broke about…

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Fitting the bill: US Congress eyes e-cash as an alternative to CBDC

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On March 11, United States President Joe Biden issued an executive order in which he encouraged the Federal Reserve to continue research on a prospective U.S. central bank digital currency, or CBDC. The order emphasized that the market capitalization of digital assets had surpassed $3 trillion in November — with Bitcoin (BTC) representing more than half of the total value of all cryptocurrency and peaking at over $60,000 — up from just $14 billion five years prior. For comparison’s sake, the U.S. money supply (M1) in the same month was…

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Sega Hints at the Inclusion of NFT and Metaverse Elements in Its ‘Super Game’ Proposal

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Sega, the renowned game development company based in Japan, has hinted at the use of NFT (non-fungible token) and metaverse elements in its new game proposal. Dubbed “Super Game,” this new framework includes a series of AAA games that will use the new and existing IP (intellectual property) of the company to innovate using Sega’s technology. Masayoshi Kikuchi, a producer at the company, stated in an interview that this will serve to explore how different games can be connected together, hinting at a possible IP metaverse. Sega Explains ‘Super…

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