Terra becomes top-10 crypto: Classic ‘bull pennant’ setup paint $100 LUNA price target
Chiron’s $50-million fundraiser to back Terra-backed projects has boosted traders’ appetite for LUNA. Go to Source Powered by WPeMatico
DIGIT
Binance Investment Director Ken Li Talks About Investing in Web3, Gaming and More Exciting Trends
Binance Labs is a chain-agnostic investor and incubator focused on supporting the global blockchain ecosystem and decentralized web. Their portfolio includes 1inch, Audius, Axie Infinity, Chiliz, Elrond, Injective, Matic / Polygon, Sandbox and Terra. Ken Li is an Investment Director at Binance Labs, with a focus on equity & token investments in Web3 social, gaming … Read more
Inflation benchmark Frax Price Index to launch on Partisia blockchain
By using crowdsourced price oracles, the developers behind Frax and Partisia hope to accomplish a more complete picture of the current inflation environment. Go to Source Powered by WPeMatico
CIA Working on Various Crypto-Focused Projects, Director Confirms
The director of the U.S. Central Intelligence Agency (CIA) has revealed that the agency is working on a number of cryptocurrency-focused projects. Cryptocurrencies “could have enormous impact on everything from ransomware attacks,” he said. CIA Has Been Working on Various Crypto Projects CIA Director William Burns revealed Monday at the Wall Street Journal’s CEO Summit … Read more
Tribal Credit taps Bitso and Stellar to enable cross-border B2B payments
The partnership between Tribal Credit, Bitso and Stellar Development Foundation will rely on crypto to streamline B2B transactions in Latin America. Go to Source Powered by WPeMatico
UK politicians say cryptocurrency is ‘not an investment’
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements. Go to Source Powered by WPeMatico
Bitcoin could hit $100K, gold $2K in 2022 thanks to ‘deflationary forces’ — Bloomberg analyst
An about turn and fresh turmoil for macro would play to Bitcoin’s strengths, argues Mike McGlone. Go to Source Powered by WPeMatico
WhatsApp starts testing currency payments with Meta’s Novi wallet
Some U.S. activists previously asked the DOJ to stop Meta from offering its digital currency wallet Novi on its platforms. Go to Source Powered by WPeMatico
Kazakhstan to decide whether to launch CBDC by late 2022
One of the world’s biggest Bitcoin mining countries is still thinking about whether it needs a central bank digital currency. Go to Source Powered by WPeMatico
Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away New Crypto Miners to Deal With Lack of Energy Iceland’s largest utility, … Read more
