Crypto News

Bitcoin Price Slumps After U.S. Jobs Data, Is $35k The Next Support?
Bitcoin dropped 8% to $38,000, erasing much of its recent rally. The latest sell-off was triggered by data showing strength in the U.S. jobs market, which furthers the case for a Federal Reserve rate hike this month.

Russia’s Invasion of Ukraine Results in Surge in Trading Activity on Crypto Exchanges
Russia’s invasion of Ukraine, and the subsequent backlash of economic sanctions against the country, has reportedly resulted in ruble trading pairs surging on the cryptocurrency market.

New Economy in the Metaverse: Buying Digital Land, Getting a Mortgage, and Creating Business
The Metaverse is a whole new world that has yet to be fully built. Anything you can do in the real world, you can do in the metaverse; the only difference is that instead of consuming that content, you’re experiencing it – the possibilities are endless. Perhaps that’s a key part of why so many businesses and tech-oriented figures are entering the innovative virtual space.

English Premier League club Manchester City signs OKX as its official crypto partner.
According to an announcement on English Premier League team Manchester City’s website, cryptocurrency exchange OKX is now the club’s official crypto partner. Football club Manchester City has been one of the world’s biggest soccer teams over the past decade, winning numerous titles in the period. Manchester City is the reigning champions of England’s first division, the Premier League.

Grinding the NFT Community to Death
NFT projects are amazing technological and behavioral case studies in feeding addictive behavior& gamifying the race to be early members of a project. Why would anyone want to be early in the project? Well, for starters, it may allow users to mint an NFT early at a cheaper price than the public mint providing monetization opportunities for the early birds to mint a few, sell a couple, and keep their good ones.

How Crypto Investors Can Improve Their Trading with Automation
Nowadays, everyone is looking for ways to earn extra income. Even in countries with rising unemployment rates, more and more people want to build an independent financial foothold.

The best is yet to come: What’s next for blockchain and the creator economy
After two years and many COVID-19 restrictions finally subsiding, the world is welcoming the return of in-person theater, movies, comedy, music and sports. This has left some wondering what will happen to the legions of digital creatives who occupied and entertained us while normal life was at a standstill — and to the multibillion-dollar economy they inhabit.

Switzerland Says It Will Freeze Russian Crypto Assets: Report
According to a report Friday from the Financial Times, the Swiss federal government plans to freeze crypto assets owned by Russian citizens and businesses held within Switzerland's borders.