Cryptocurrency Analysis and News Portal
The decentralized finance (DeFi) space is continuing to heat up, with the world’s first ever exchange traded fund (ETF) launching this month. Hashdex, a Brazilian asset manager, is launching an ETF fund in collaboration with CF Benchmarks to track 12 DeFi tokens. The Hashdex DeFi Index ETF will be listed
Read More
Silvergate Capital’s planned stablecoin could benefit from the distribution and potential partnerships with Diem Association members and other money service providers, Wedbush analysts said in a note following news of the crypto firm’s deal to buy assets of Meta's Diem. Source
Read More
Silvergate Bank's planned stablecoin could benefit from the distribution and potential partnerships with Diem Association members and other money service providers, Wedbush Securities analysts said in a note following news of Silvergate's deal to buy assets of Meta Platforms' (formerly Facebook's) Diem. Original Source
Read More
The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be issued by the Reserve Bank of India (RBI) in the financial year 2022-23, Indian Finance Minister Nirmala Sitharaman said during her budget speech. RBI’s Digital Currency, the Digital Rupee, Coming Soon India’s
Read More
In a press release on Tuesday, a16z general partner Andrew Chen cited remote work, the rise of Gen Z and trends in startup fundraising as factors propelling Launch House into "the third space for the new distributed Silicon Valley," alongside long-standing institutions such as universities and incubator programs. Source
Read More
Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be even bigger in 2022. NFTs and Metaverse-related projects are also bouncing back quickly from the market-wide downturn and Vulcan Forged (PYR) is one of the top movers
Read More
The first set, called the Coachella Keys Collection, consists of just 10 tokens, each offering lifetime festival access and other VIP goodies (among them, a “celebrity chef dinner”). There’s also the Desert Reflections Collection – 1,000 tokens priced at $180 each, which buyers can redeem for a physical copy of
Read More
While Bakkt faces 90% erosion in its market cap, the company spokesperson confirms that they are well capitalized for their long-term plans.While cryptocurrency prices have plummeted severely over the last two months, crypto asset management platform Bakkt (NYSE: BKKT) has witnessed a deeper correction in its stock price. Shares of
Read More
Having made this declaration on the digitized rendition of the Indian rupee, India’s first Woman Finance Minister also offered the implementation of a thirty percent tax on crypto that focuses on the exchange and trade of virtual digital assets.On the 1st of February, Indian Finance Minister Nirmala Sitharaman announced the
Read More
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of virtual digital assets, a first for the nation.Additionally, she also said that the digital rupee will most likely be issued in the 2022-23, which is the first time the government has given a timeline
Read More