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Daily Archives: February 8, 2023

News
Global Crypto Classification Standard Introduced by Coingecko

Global Crypto Classification Standard Introduced by Coingecko

CoinGecko, a leading cryptocurrency data aggregator, and 21Shares, a cryptocurrency investment business, have collaborated to develop a universal standard for

Market News
Fans of Chiliz Are Ecstatic as the Blockchain Token Skyrockets 20%

Fans of Chiliz Are Ecstatic as the Blockchain Token Skyrockets 20%

The popular fan token, Chiliz, has rolled out its EVM-compatible layer 1 blockchain. The news sent the price of the

Market News
Lido’s Price Hikes by Over 6% Following the Launch of Lido V2

Lido’s Price Hikes by Over 6% Following the Launch of Lido V2

The Lido Dao team has recently announced via Twitter that their largest upgrade to date – Lido V2, has been

Market News
Ethereum (ETH) Price Faces Resistance Near $1,700 Amid High Gas Prices; What’s Next?

Ethereum (ETH) Price Faces Resistance Near $1,700 Amid High Gas Prices; What’s Next?

Recent Ethereum price action and net exchange outflows spurred the rise in fee prices.     Ethereum (ETH) price continues to scale

News
Dubai Enacts Strict Regulations on Privacy Coins: Zcash and Monero No Longer Welcome

Dubai Enacts Strict Regulations on Privacy Coins: Zcash and Monero No Longer Welcome

Dubai has banned the use of anonymity-enhancing cryptocurrencies such as Zcash, Dash, and Monero. The jurisdiction has finally published its

News
Nokia Shifts Focus to Developing Technology for the Metaverse?

Nokia Shifts Focus to Developing Technology for the Metaverse?

Nokia, formerly known for consumer mobile phones, has shifted its focus to developing technology and equipment for delivering the internet,

Market News
Bitcoin (BTC) On-chain Activities Suggest An Extended Consolidation; Hold or Exit?

Bitcoin (BTC) On-chain Activities Suggest An Extended Consolidation; Hold or Exit?

Bitcoin’s net position on exchanges indicates a declining supply with the recent price consolidation  After a hard 2022, the global

News
Hedera Governing Council’s New Member is Dell Technologies

Hedera Governing Council’s New Member is Dell Technologies

The Hedera Governing Council (HGC) has announced that Dell Technologies is the newest member to join its Council. By joining

News
SEC Division of Examinations Says it Will Prioritize Crypto in 2023

SEC Division of Examinations Says it Will Prioritize Crypto in 2023

The SEC made the announcement on the priorities for the Division of Examinations on February 7th, and crypto is one

News
Bank of England’s Digital Pound CBDC Project Launches

Bank of England’s Digital Pound CBDC Project Launches

The Bank of England (BoE) announces the launch of its digital pound central bank digital currency (CBDC) project. Dubbed the

News
Spending to Inscribe Ordinals Are Escalating at an Alarming Rate

Spending to Inscribe Ordinals Are Escalating at an Alarming Rate

According to recent reports, total fees for Ordinals now account for 12% of all transaction fees, with a 0.3% subsidy

Market News
The Crypto Market Is Expected To Reach Unprecedented Heights in the Upcoming Days and Weeks

The Crypto Market Is Expected To Reach Unprecedented Heights in the Upcoming Days and Weeks

February has seen a wave of skepticism from traders, with some expecting prices to dip following January’s positive price action.