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On Monday, the price of Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, fell below $1,500 and reached the $1460s for the first time in nearly a month. The world’s second-largest cryptocurrency by market capitalization was down about 2.0 percent on the day at current levels in the $1,480s, with losses from earlier…
Following a mixed inflation report on Monday and a Senate Banking Committee hearing on the future of crypto regulation, many cryptocurrencies were rising for a second day in a row on Tuesday. As of 10 a.m. ET on Tuesday, shares of Bitcoin (BTC 10.67%), the largest cryptocurrency in the world, had increased by 2.5% since…
The price of Bitcoin is rising on the charts, which is affecting many other cryptocurrencies and causing some of them to surpass Ethereum’s rally. Solana, Avalanche, and NEAR Protocol native tokens stood out among the few with rises that were comparable to, if not greater than, those of Bitcoin. The price of a bitcoin has…
Even though the total value of tokens locked on Avalanche-based decentralized finance applications dropped from $15 billion in 2021 to just over $900 million in November 2022, such transactional activity continued. Nansen, a data and analytics company, stated in the Avalanche’s report for the fourth quarter that it shared that the network demonstrated strength with…
The infrastructure to rent NFTs for a limited time is provided by NFT rental protocols. They permit the transfer of NFT user rights without transferring ownership of the NFT. On the other hand, users who do not own an NFT can still benefit from its utilities and earn passive income. How does NFT renting work?…
Since the beginning of the year, the crypto industry has been subjected to increased regulatory pressure, which has sparked debate on Twitter regarding whether the United States government is secretly attempting to regulate the industry as a whole. Brian Armstrong, CEO of Coinbase, has provided the most recent piece of the theory’s puzzle. Armstrong wrote…
Nokia is more well-known for its 3310 mobile phones, but the company is now looking into how to use the metaverse for business purposes. The company is looking for ways to use the metaverse to help workers who are located far away, from beer breweries to remote aircraft technicians. Two labs have been set up…
The International Criminal Police Organization is serious about educating its police force online. The ability of Interpol to use the metaverse to solve crimes is improving. In fact, Interpol will attempt to solve crimes and apprehend criminals by utilizing its virtual reality space, which is already operational. Jurgen Stock, Secretary General of Interpol, is of…
Blur, a new NFT marketplace, has surpassed Opensea, an established rival and NFT giant, in global market share. Blur has taken 46% of the weekly market share compared to OpenSea’s 36%, even though it only launched in October. Blur has had the highest daily trade volume in the NFT sector thus far in February, averaging…
The eagerly anticipated withdrawals of staked ETH tokens will soon be tested in a brand-new test environment that is being prepared for launch by Ethereum developers. The new “Zhejiang” testnet is a necessary step for developers and regular users to test the network’s handling of staked ETH withdrawals. In technical circles, the new feature is…
