Switzerland-based fund manager Compass Financial Technologies has launched an index for 10 Decentralized Finance (DeFi) tokens dubbed the “Compass Crypto Basket Fundamental DeFi Index” (CCBFDEFI).
Thailand is gaining momentum in the cryptocurrency market as retailers and real estate developers start to accept cryptocurrencies. Instead of trying to slow down the rate of adoption of cryptocurrency amongst citizens of Thailand by banning cryptocurrency trading and mining, the country’s governing bodies are putting a regulatory framework in place.
The Terra(LUNA) price temporarily nullifies the downtrend with a nearly 7% jump minimizing the volatility but the trading volume has surged with notable numbers. And hence the jump appears to be pre-programmed as the price trend appears to be squeezed at the press time. And hence after the volatility is reduced to a certain extent, the LUNA price appears to slice through the upper resistance by gaining more than 10%.
The 11th Circuit Court of Appeals has ruled that victims of the Bitconnect Ponzi scheme can proceed with a class action suit by reversing a previous ruling that prohibited such a case.
Crypto markets have been hit hard as tensions between Russia and Ukraine intensify. Bitcoin and our smart contract index are down around 13-14%. This brings Bitcoin’s cumulative drawdown from its November 2021 highs to 46%.
Even with today’s crypto bear market, dozens of Metaverse crypto coins see significant price gains.
El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government explained.
Major U.K. law firm gunnercooke has started accepting payments in most major cryptocurrencies for legal and professional services. The firm accepts leading cryptoassets like Bitcoin ($BTC) and Ethereum ($ETH), but also smaller altcoins like Cardano ($ADA) and Dogecoin ($DOGE).