Fidelity Digital Assets, a subsidiary of Fidelity Investments, published a report earlier this month on crypto trends and their potential future impact. Among the trends discussed in the report is cryptocurrency adoption by sovereign nations. This past year saw some major moves by world governments with regards to digital assets,” Fidelity described. The firm expects more countries to adopt bitcoin this year.
In what comes as the first major crypto sports sponsorship deal down under, the Australia Football League (AFL) has secured a partnership with Crypto.com to back its women’s league (AFLW).
After moving sideways for weeks together, Cardano’s native cryptocurrency ADA was back in action over the weekend gaining more than 10% on Sunday, January 16. With this, Cardano seals its place once again in the top-five crypto-list.
Tennis Australia has partnered with Decentraland to host the Australian Open (AO), which will be the first official tennis grand slam in the Metaverse.
Legendary boxer and former heavyweight champion Mike Tyson is speculating how high the price of Solana ($SOL) can go after announcing he was “all in” on the altcoin.
Crypto Metaverse coins continue to see significant price gains this year. Today’s biggest gainer is Avaxtars Token, up over 117%, currently trading at $13.84.
Robinhood’s chief financial officer has revealed the popular trading platform’s crypto priority and the potential of listing more cryptocurrencies. “We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more clarity from regulators,” he emphasized.
Over time, nonfungible tokens (NFTs) have proven to be one of the hottest sectors in crypto, and now the U.S. government may finally be ready to get its share from this booming sector. According to a report by Bloomberg, officials of the Internal Revenue Service (IRS) announced their plans to begin cracking down on NFT investors and creators who have been evading tax payments.