Crypto News

Chimeras Announces NFT Sales for in-Game Assets
Play-to-Earn gaming metaverse Chimeras is launching a brand new collection of NFTs based on in-game characters. There are two types of characters in Chimeras’ in-game world – Chimeras and the Chosen ones.

Non-Zero Bitcoin (BTC) Addresses Reach An All-Time High Suggesting Strong Accumulation
Bitcoin has been under major pressure over the last week and facing strong resistance currently at $60,000 levels. As of press time, Bitcoin is trading 1% down under $57,000 with a market cap of $1.075 trillion.

Niantic Receives $300M at $9B Valuation To Build Its Real-World Metaverse
Niantic announced today that they received a $300 million investment at a $9 billion valuation to help build its Real-World Metaverse. The investment was made by Coatue, a privately-owned hedge fund sponsor.

Texan Bitcoin mining power demands could jump 5 times by 2023
As the state of Texas faces a rapid influx of Bitcoin mining operations, its electrical infrastructure will have to support the industry’s expected 5,000 megawatts (MW) of additional power demands by 2023.

Shiba Inu’s Team Warns $SHIB Investors Against Fake Giveaway Scams
The team behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) has warned those investing in the cryptocurrency against fake giveaway scams targeting them on social media while taking advantage of hashtags they often share.

AMP Price Up 46% After Binance Listing Announcement
AMP Price is up 46%, making it the biggest gainer on Crypto.com. With a market cap of $2.8 billion, it’s clear that there’s a lot of support behind the project. Let’s take a closer look at AMP and see what all the hype is about.

Proposed Australian exchange licensing could stifle competition: Kraken
With crypto regulation reportedly set to ramp up in Australia over the next 12 months, Kraken Australia’s Managing Director Jonathon Miller thinks that a strict crypto regime could stifle local competition.

Citi Group appoints head of digital assets in crypto hiring spree
American multinational investment bank Citi announced it had appointed Puneet Singhvi to lead the digital assets division of its Institutional Clients Group (ICG) starting on Dec. 1.

War Over Ethereum Gas Fees and Usability Continues
Ethereum gas fees remain stubbornly high. Some are jumping ship, while others warn against what they see as centralized alternatives.