The popular messaging app Telegram has developed a new marketplace that doesn’t involve nonfungible tokens (NFTs). The social messaging platform said that it is all set to launch its marketplace for auctioning unique usernames for social platforms, an idea first floated in August. In an official announcement on its Telegram channel, the firm said that the development phase of the […]

Hong Kong is taking action to regain its status as a global cryptocurrency hub by launching several legal initiatives related to the crypto industry. A city and special administrative region of China, Hong Kong is willing to distinguish its crypto regulation approach from the blanket crypto ban in mainland China. The government of Hong Kong is considering introducing its own […]

Fidelity opts to offer Ethereum trading services to customers, given Ethereum’s new deflationary potential post-Merge. In a tweet on Wednesday, Bruce Fenton revealed that Fidelity is set to offer clients Ethereum trading services from Oct. 28, sharing a screenshot of an email received to that effect. “With the Ethereum Merge completed, many investors are looking at Ethereum through a new […]

In July 2021, the European Central Bank (ECB) launched the digital euro project investigation phase. This phase, which is expected to run until October 2023, aims to identify the optimal design of a digital euro and to analyse how financial intermediaries could provide front-end services that build on a digital euro. Whilst providing an update on the progress of the […]

In a recent study published by José Simeón Cañas Central American University in El Salvador, 77.1% of respondents say that they want the Salvadoran government to stop “spending public money on Bitcoin.” Moreover, only 24.4% of respondents say they’ve used Bitcoin (BTC) as a means of payment since the country’s government recognized it as legal tender last year.  The survey, conducted by […]

The millions oF UNI tokens delegated by Binance were a “misunderstood situation”, said Binance CEO Changpeng “CZ” Zhao on a Twitter’s post, in response to questions about 13.2 million UNI tokens delegated on Oct. 18 that made Binance the second-largest entity by voting power in the Uniswap DAO. According to CZ, a UNI transfer between internal wallets caused the automatic […]

A former top executive from the bankrupted crypto lender, Celsius, is joining one of the largest mainstream banks. According to his recent update on his LinkedIn profile, Aaron Lovine is joining JPMorgan Chase, a radical turnaround from his previous stint in the crypto space before Celsius went under. Celsius filed for bankruptcy in July while owing its users an estimated […]

After an unforgettable couple of months, independent market analyst DonAlt believes on-fire Cardano (ADA), Solana (SOL), Uniswap (UNI), and others may end up seeing the same fate as Litecoin (LTC), EOS, and Bitcoin Cash (BCH), which went from dominant market leaders in the crypto market (outside of bitcoin) to what they are today: afterthoughts. How EOS, LTC, And BCH Sunk […]

Cryptocurrencies are trading in bullish trend zones as buyers challenge resistance levels. Some of the altcoins failed to continue the bullish momentum as the market reached the overbought regions. Casper Casper (CSPR) is in an uptrend, rising to the high of $0.055. Cryptocurrencies retreated after reaching the overbought region. The current retracement will reach the breakout level of $0.035.  On […]