Crypto crash weighs on DeFi tokens already in downward spiral

Image: Akos Stiller/Bloomberg

This weekend’s crypto flash crash helped to bring into focus the recent cooling of decentralised finance, once one of the hottest corners of the digital asset world. While Bitcoin and other rival coins have mostly steadied or climbed from lows of about 20% seen Saturday, many DeFi tokens tumbled more and have since failed to … Read more

Biggest Ethereum Whales Acculumating Shiba Inu and Two Metaverse Tokens As Crypto Markets Consolidate: WhaleStats

Biggest Ethereum Whales Acculumating Shiba Inu and Two Metaverse Tokens As Crypto Markets Consolidate: WhaleStats

New data shows that the world’s biggest Ethereum whales are loading up on meme crypto Shiba Inu (SHIB) and two of the hottest metaverse tokens.  The latest numbers from WhaleStats are revealing the investment behavior of the 1,000 wealthiest non-exchange Ethereum addresses. The whale-monitoring website shows that in the last 30 days, deep-pocketed crypto investors bought … Read more

The metaverse is a massive opportunity for crypto that calls for new platforms and tokens, Bank of America strategist says | Currency News | Financial and Business News

An art exhibit depicting the metaverse.

Viewers take in the art installation “Machine Hallucinations – Space: Metaverse” by Refik Anadol.Tyrone Siu/Reuters The metaverse is a massive opportunity for the crypto space, according to a Bank of America strategist. BofA’s Haim Israel predicted that cryptocurrencies will finally be used widely for transactions in virtual worlds. He said crypto-based platforms will need developing, … Read more

Lionel Messi: Football industry embraces crypto as Messi helps ‘fan tokens’ take off

Lionel Messi: Football industry embraces crypto as Messi helps 'fan tokens' take off

When Paris Saint-Germain signed Lionel Messi, the salary package included something previously unheard of for a player — a one-off payment, understood to be worth around one million euros ($1.15m), made in PSG ‘fan tokens’. It was the result of a partnership signed by the French giants in 2018 with Socios.com which sees fans use … Read more

cryptocurrency: Football industry embraces crypto as Messi helps ‘fan tokens’ take off

cryptocurrency: Football industry embraces crypto as Messi helps 'fan tokens' take off

When Paris Saint-Germain signed Lionel Messi, the salary package included something previously unheard of for a player — a one-off payment, understood to be worth around one million euros ($1.15m), made in PSG ‘fan tokens’. It was the result of a partnership signed by the French giants in 2018 with Socios.com which sees fans use … Read more

crypto | Cryptocurrencies | Nischal Shetty: Meme tokens are probably the most speculative bets right now: Nischal Shetty

crypto | Cryptocurrencies | Nischal Shetty: Meme tokens are probably the most speculative bets right now: Nischal Shetty

“I wholeheartedly welcome all the criticism as well as the good things because that is how we will build the right regulation in India, says Nischal Shetty,” Founder & CEO, WazirX. Cryptos are at all time highs and very volatile. At this juncture, if anyone owns a piece of the action, should one HODL (hold … Read more

Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion – Market Updates Bitcoin News

Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion

While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% … Read more

European football clubs jump into crypto with Socios ‘fan tokens’

European football clubs jump into crypto with Socios ‘fan tokens’

It’s August 2021. A blazing day in Rome. Italians explode into impassioned chants as the giallorossi of the home team storm the grounds of the Stadio Olimpico. Kick-off, half-time, the final whistle. AS Roma prevails over some obscure Turkish team. There’s maybe one concession. The fans go wild. Some drink. Others sing. Yet more unlock … Read more

Interactive Brokers launches crypto trading in US for four tokens

Interactive Brokers launches crypto trading in US for four tokens

Brokerage firm Interactive Brokers Group is allowing investment advisers registered with the company to trade four cryptocurrencies.In an Oct. 18 announcement, Interactive Brokers said its Registered Investment Advisers would be able to trade and custody Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for clients using Paxos Trust Company. The firm reported this … Read more