The Tezos blockchain is making rapid gains in the area of NFT-based play-to-earn gaming. With its low energy consumption, cheaper fees, community governance and easily upgradeable architecture, Tezos ...
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Kenya set to take cryptocurrencies to the next level
TL;DR Breakdown According to Luno general manager, Marius Reitz Kenya is extending their wings on crypto adoption. African countries are adopting crypto at a stunning rate. Cryptocurrency adoption in ...
Bitrue Exchange Yield Farming Hub Goes Live on January 10
Bitrue crypto exchange has announced the launch of its yield farming solution dubbed the Yield Farming Hub. The new service is designed to help users to earn juicy returns of up to 200 percent on thei...
PayPal Considers Releasing its Own Stablecoin
Since opening trading to all customers in 2020, PayPal has already been broadening its crypto biz. It has permitted US clients to spend with cryptos and has continued to increase its crypto purchase c...
Bitcoin batters longs as liquidations copy May 2021 run to $30,000
Bitcoin (BTC) has dealt significant pain to bulls in recent weeks, and now, fresh data shows just how much. In a tweet on Jan. 10, on-chain analytics firm Glassnode revealed that those longing BTC had...
FTX Flips Shiba Inu as Biggest Token Position Among Whales
Data by WhaleStats analytics platform shows that FTX has flipped Shiba Inu to rank the biggest token position in USD. Before this, SHIB has always held the much-coveted spot, ranking as the largest to...
Lululemon says sees fourth-quarter earnings, sales hurt due to omicron
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon shares fell in premarke...
5 Ways To Embrace Ambiguity
Embracing ambiguity will be a critical skill for the future. getty Predicting the future has become big business and futurists who claim to know what’s coming are in high demand. People tend to be cap...
Binance CEO’s $96B Fortune Is Worth Double Satoshi’s Bitcoin Stash: Report
Changpeng Zhao, CEO of crypto exchange Binance, has become one of the richest men in the world, with a fortune of $96 billion, per Bloomberg’s Billionaires Index. The near-$100 billion dollar wealth ...
Bitfarms Buys $40 Million Bitcoin – Trustnodes
Bitfarms, the stock traded bitcoin miner has announced they bought 1,000 bitcoin during the first week of January, worth $43 million. “Our guiding company strategy at Bitfarms is to accumulate the mos...
Sterling has more room to climb
The GBP/USD pair continued its bullish trend on Monday as investors focused on last Friday’s economic data from the United States. The pair rose to a high of 1.3600, which was about 3.25% above the lo...
WisdomTree: Bitcoin is like gold
During a recent interview, WisdomTree’s Global Chief Investment Officer Jeremy Schwartz said that Bitcoin plays a similar role to gold. The WisdomTree ETF WisdomTree is a $76 billion-plus asset manag...
Former Amana Executives Team Up to Start a New Venture
Two former Amana Capital executives, after parting from the broker recently, have launched a new venture, Mahfoom Technologies, that is aimed to provide financial literacy in the Arab world. Former To...
Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?
The crypto market continues to be in the red based on more liquidation, resulting in the leading cryptocurrencies being in the fear zone. Market insight provider Santiment confirmed: “Have we di...
Dollar Starts 2022 with Support as Inflation Test Looms
The year has started well for the US dollar as the currency gains value across multiple regions. The primary reason behind the surge is stated by traders’ faith in the inflation data by Fed officials ...
SHIB Plunges 17% Weekly as Downtrend Accelerates
Key Support level: $0.000027 Key Resistance level: $0.000029 Last Saturday, SHIB fell to $0.000027, making a lower low which reconfirmed the downtrend. At the time of this post, SHIB appears to have f...
TooNFT: The Blockchain-based Webtoon platform launches on Toomics’ ecosystem
Anyone who has been paying attention to the world of NFTs (non-fungible tokens) will know that people love investing in cartoon-themed initiatives. Whether it be the immensely popular canine-oriented ...
‘Deltacron’ variant prompts doubts among experts as possible lab error
Covid lab technicians in India on Friday Jan. 7, 2022. Bloomberg | Bloomberg | Getty Images Global health experts are casting doubts over reports of a new possible Covid-19 mutation that appeared to b...
Nearly 8,000 Arrested, Dozens Dead In Kazakhstan As Officials Blame Terrorists For Violent Unrest
Topline Nearly 8,000 people were arrested and dozens died throughout Kazakhstan last week, government officials announced Monday, following a security crackdown amid anti-government protests and waves...
Binance CEO CZ now worth more than Satoshi Nakamoto
Excluding his cryptocurrency holdings, Binance CEO, Changpeng “CZ” Zhao, is worth over $96 billion according to a new estimate. The estimate makes him the 11th richest person in the world. Changpeng Z...
Cardano achieves goal to plant more than 1M trees
Cardano (ADA/USD) has reached the first goal in its restoration efforts. The Cardano Foundation announced it has now planted over a million trees. It is an NPO that oversees developments on the Cardan...
Call Of Duty Co-Founder Backing Project
After successfully raising $7 million in the latest funding round, SPACE Metaverse is using it in growing its team by adding more talent from the gaming industry. SPACE Metaverse, or SPACE, an emergin...
Bittrex Global Has Recruited Paul Grier as Its New Chief Marketing Officer
Bittrex Global announced that it has recruited Paul Grier as its new Chief Marketing Officer, effective from 1st January 2022. Finance Magnates recently learned from a press release that Paul Grier, a...
Bitrue Launches New Yield Farming, How You Can Take Your Crypto Profits And Maximize Them
Top crypto exchange Bitrue recently announced a new feature that will provide crypto investors with more opportunities to benefit from the growing industry. Bitrue’s new Yield Farming Hub will enable ...
Alibaba Stock Gets a Target Price Cut. But It’s Still a Buy.
Text size Investors have been buying the big dip in Alibaba’s stock price. Greg Baker/AFP via Getty Images Analysts at Citigroup have slashed their target price on Alibaba stock—but they still s...
UAE regulators pave way for crypto and blockchain adoption, says legal expert
While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently ...
196.3 Million SHIB Burned in Past 7 Days, 2.5 Million Destroyed within 24 Hours
Yuri Molchan According to recent data shared on Crypto Twitter, over the past week, almost 200 million SHIB have been destroyed According to Twitter user @shibburn, who regularly shares data from ethe...
World’s Biggest Crypto Fortune Began With A Friendly Poker Game
Changpeng Zhao has become an unlikely entrant in the list of Bloomberg Billionaires Index. He recently surpassed Mukesh Ambani to become Asia’s wealthiest entrepreneur. Zhao is now closer to overtakin...