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Category Archives: Bitcoin Regulation

Metaverse Land’s Selling Real Hot This Season

meta

$106M worth of Metaverse Land Has Been Sold Last Week “Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space.” Four blockchain-based Metaverse projects generated more than $100 million worth of virtual land […]

Will Santa take Bitcoin to the moon?

Santa Bitcoin

Bitcoin has fallen just 17% from ATH, which makes this correction the shallowest of the year so far. In previous bull market cycles, there has been a measurable correction before a rally at the end of the year — and if history rhymes, it could be on the cards again. We’ve certainly experienced the correction: […]

Metaverse tokens are still pushing higher each day

metaverse world

The metaverse sector continued to outperform with Gala (GALA), The Sandbox (SAND) and Decentraland (MANA) among the top five gainers. While few play-to-earn and metaverse “environments” are available for true interaction, major news and partnerships are still boosting these metaverse-related token valuations. As reported by Cointelegraph on Nov. 24, Metaverse Group purchased virtual land in Decentraland for […]

Interested in Crypto, But Haven’t Yet Invested?

Considering Crypto

Many investors see Bitcoin’s price swings as part of the game, but “volatility is tough for individual investors to deal with,” Noble says. Like Yang, he warns against selling too fast. Recent price fluctuation has followed new regulatory actions by the U.S. government, as well as the new legislation pertaining to crypto in the infrastructure bill. In […]

Will Bitcoin bounce back before November ends?

Moonvember

Bitcoin (BTC) is back at $57,000 as a new week begins after a late surge produced a much better weekly close than many expected. Making up for last week’s Coronavirus-induced sell-off and associated price dip, Bitcoin passed $58,000 overnight before consolidating higher, still up around 5.7% on the day. The outlook could hold many a […]

New COVID-19 variant emerges, BTC drops, stocks sell-off, what’s happening?

covid crypto

Global markets went into a tailspin Friday following news of a heavily-mutated Covid-19 variant first detected in southern Africa. The World Health Organization will meet on Friday to address the emergence of the B.1.1.529 variant, which South African scientists have said contains more than 30 mutations to the spike protein, the component of the virus that binds […]

88.7 million LUNA tokens ($4.5 billion) will be burned and swapped for the stable coin (UST)

Luna Coins To Be Burned

Terra, the algorithmic decentralized stablecoin project will burn $4.5 billion worth of its native coin LUNA from its community pool. The decision was taken through Terra’s on-chain governance system. According to their Twitter announcement, LUNA will be burned and swapped for UST, which is Terra’s native stablecoin. The burn will take place on every 800 blocks generated by […]

There are 10 times more Metaverse users today as compared to 2020

Metaverse scaled

The price of these two native tokens for open Metaverse platforms such as Decentraland (MANA) and The Sandbox (SAND) have been on a tear of late, gaining 49% and 102% each to sit at $5.03 and $7.60 at the time of writing. Crypto investment giant Grayscale has published a bullish report on the Metaverse, estimating […]

Why am I so confident about Terra (Luna)?

Terra Luna

So what’s Luna all about? Well as of 23rd November 2021, it’s ranked 14 with a $17 Billion Market Cap! Terra (Luna) is the world’s biggest dual-token platform, which is a network with two intertwined tokens that have separate utility. LUNA coins are on its native blockchain, while Terra USD (CRYPTO: TUSD) stablecoins are on […]

Bitcoin’s drop to $56.5K may have been the bottom

bitcoin weekly

The absence of cascading liquidations, 25% delta skew and the margin lending ratio all suggest that Bitcoin price bottomed at $56,500. The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of 20% or higher daily gains, as well as five intraday […]