BTC price weekly close nears $90K — 5 Things to know in Bitcoin this week
Bitcoin traders seek new BTC price records in the coming days — can the market avoid a blow-off top if mass “FOMO” begins?
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GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions. 325 Total views 6 Total shares Digital asset investment firm GEM Digital Limited (GEM) has committed $50 million to finance ParallelChain Lab following the launch of its mainnet and native token listing, XPLL, in Q4…

$106M worth of Metaverse land sold last week: DappRadar
“Undoubtedly, Metaverse land is the next big hit in the NFT space. Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space." 1447 Total views 41 Total shares Four blockchain-based Metaverse projects generated more than $100 million worth of virtual land NFT sales last week…

MSP Recovery joins forces with Tokenology to release tokenized healthcare initiative
Launching on the Polygon network, the LifeChain platform is intended to vastly reduce occurrences of fraud within the U.S healthcare system. 204 Total views 7 Total shares MSP Recovery LLC, a healthcare recovery firm based in Miami, United States and valued in the region of $32.6 billion, has announced a collaborative partnership with Web3 solution…

Crypto Futures Provider Volumes Increase 500 Percent After Acquisition by Kraken
United Kingdom-based crypto exchange and futures provider Crypto Facilities has significantly increased its trading volumes after being acquired by crypto exchange Kraken, according to the information shared with Cointelegraph Tuesday, Mar. 5.Cointelegraph spoke to Sui Chung, head of cryptocurrency pricing products at Crypto Facilities, according to whom the platform’s trading volumes have increased more than…

National Center for Public Policy Research proposes BTC treasury to Amazon
The National Center for Public Policy noted that MicroStrategy's stock outperformed Amazon's stock by 537% due to its Bitcoin strategy.

SEC’s Gensler says BTC, ETH ‘not securities’ in a newly surfaced video
The 2018-era Gensler appeared much more lenient towards certain cryptocurrencies, including Ether. 1383 Total views 1 Total shares A newly surfaced video featuring Gary Gensler from 2018 has made the rounds on social media, showing the now-chair of the United States securities regulator agastating that multiple cryptocurrencies are “not securities.”On June 12 multiple Twitter accounts shared the…

New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law
American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory scrutiny on Facebook’s not-yet-launched Libra stablecoin and related projects, CNBC reports Nov. 21.The bipartisan team of…

China GPU prices drop to new lows after the Ethereum Merge
The Nvidia GeForce RTX 3080’s price dropped from $1118, or 8,000 yuan, to 5,000 yuan within three months, according to a Chinese merchant. 292 Total views 5 Total shares As the Ethereum network’s move to a proof-of-stake (PoS) consensus mechanism drives adoption from institutional investors, the prices for graphics processing units (GPUs), often used for…