Indian Prime Minister Narendra Modi on Saturday chaired a meeting on cryptocurrencies and expressed his concerns over the use of cryptocurrencies in money laundering and terror funding. The meeting comes after Reserve Bank of India governor Shaktikanta Das cautioned investors about cryptocurrencies. “It was also discussed that unregulated crypto markets cannot be let to become avenues for money laundering and terror financing,” the report said.
Nayib Bukele is synonymous with Bitcoin. The Salvadorean president bet big on crypto – officially. Some politicians speak, Bukele acted, officially making Bitcoin legal tender in his country.
Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build a “K-pop music metaverse.”
WAX price is up over 44% today, making it the biggest gainer on Crypto.com. With a market cap of $1.5 billion and a 24 hour trading volume of $1.3 billion, the market is definitely excited about WAX. Let’s take a closer look at WAX and the WAXP token, and see what all the hype is about.
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has some advice on how to get into bitcoin or other cryptocurrencies. “It’s a wonderful universe. It’s a fantastic asset. It’s a must-own if you’re an investor,” O’Leary said. He also revealed that his crypto exposure has grown to about 10%.
Metaverse coins are all the hype these days, with coins like Decentraland and Axie Infinity seeing massive price gains in recent weeks. In this list, we will explore 5 underrated Metaverse projects that have great long-term outlook. The below list is in no particular order.
Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just one federal regulator overseeing the crypto sector. Currently, there is a variety of different regulators in the U.S., CEO Brian Armstrong explained, noting that Coinbase has “53 regulators in just one country, the United States.”
This year has seen a number of high profile partnerships formed between the cryptocurrency sector and major sports leagues, teams and individual players. Nowadays players engage with their fans by issuing limited edition NFTs and other perks that are associated with crypto and blockchain technology.
From a bird’s-eye-view, BTC is still in an uptrend and a bounce off the $62,000 support could provide the signal for LTC, LINK, VET and AXS to move higher.