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
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…
Read MoreSega Hints at the Inclusion of NFT and Metaverse Elements in Its ‘Super Game’ Proposal
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…
Read MoreOutflows Rock Bitcoin, Ethereum In Wake Of Price Decline
Bitcoin and Ethereum had led the market in the recent price decline. It has led to a lot of profit-taking on the part of investors that want to avoid incurring more losses in the long term. Nevertheless, investors remain undeterred as they continue to accumulate coins. The result of this has been intense outflows for both Bitcoin and Ethereum leading to a negative net flow for both digital assets. Bitcoin, Ethereum Investors Not Backing Down Bitcoin slid down below $40,000 at the start of the week and brought with it…
Read MoreTop Latin America delivery app to accept crypto
Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments. As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and Bitpay through a trial project in Mexico. However, it’s unclear whether the pilot plan will also enable access to the service in Brazil and other Latin American countries. In Mexico, Rappi, a Colombian delivery app with operations in nine Latin American countries, has launched a crypto payments pilot program. Customers will be able to convert crypto…
Read MoreVitalik Buterin Becomes Citizen of Crypto-Friendly Montenegro
Ethereum co-founder Vitalik Buterin has been granted Montenegrin citizenship. Buterin joins other members of the crypto community with global experience who have been invited to help the small Southeast European nation attract investments and develop its blockchain sector. Vitalik Buterin Obtains Montenegrin Passport Prominent crypto figure Vitalik Buterin is now a citizen of Montenegro, the country’s public service broadcaster revealed this week. Radio Televizija Crne Gore (RTCG) quoted an official announcement from the Ministry of Finance and Social Welfare in Podgorica. According to the report, the Russian-born Canadian programmer and…
Read MoreHow Shiba Inu Soared 20% On Robinhood Listing, Watch Out For Volatility
Popular brokerage firm Robinhood listed Shiba Inu (SHIB) for its users. After months of rumors about this listing, the platform made it official via its official Twitter handle. Related Reading | Robinhood To Roll Out Crypto Wallets To 1,000 Users In Phase One In addition, the platform announced a $100,000 crypto giveaway to incentive Shiba Inu (SHIB) adoption. Users have a chance at winning a portion of the price by interacting with Robinhood via Twitter. We dropped new crypto And we're giving away $100K of it. Quote tweet this tweet with…
Read MoreNFT Plazas Team Takes Over NFC Summit in Lisbon – Here’s What Went Down
In case you missed it, the NFT Plazas team made its way to Lisbon, Portugal last week for the incredible Non-Fungible Conference Summit! We were an official media partner for the event, which hosted over 100 talks and 1,500 attendees. The two day conference was teeming with NFT enthusiasm from all corners, filled with amazing creators and projects, art shows, and speakers. The best part was that we not only got to meet many of these talented creators, but we also interviewed them on camera! Yes, that’s right, the NFT…
Read MoreStablecoins are the perfect trojan horse for Bitcoin, says Tether CTO
As one of a number of Cointelegraph representatives attending the Paris Blockchain Week Summit (PBWS) at the historic Palais Brongniart — a neoclassical building previously serving as the headquarters for the Parisian stock exchange from 1826 to 1987 — European news reporter, Joe Hall sat down for an in-depth interview with the Chief technology officer of Bitfinex and Tether, Paolo Ardoino. Previously ranked 88th in Cointelegraph’s prestigious Top 100 2021 for his influential impact on the growth of the decentralized finance (DeFi) ecosystem, Ardoino spoke on an array of topics…
Read MoreACH Is the Token Driving Global Crypto Payments
ACH is the cryptocurrency token driving the adoption of Alchemy Pay’s crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance Pay, Shopify, Checkout.com, Polygon, Avalanche, and VeChain. ACH is the token that incentivises clients and investors attracted to the advantages Alchemy Pay’s crypto payment solutions offer them and their businesses. It is listed on Bithumb, Binance, Coinbase, Huobi, Bybit, MEXC, Pancake Swap, Uniswap, and many more.…
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