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Metaverse experience to sway real-world travel choices in 2023: Survey

Metaverse experience to sway real-world travel choices in 2023: Survey

As borders open up following prolonged COVID-induced travel restrictions, the Metaverse, one of the latest sub-crypto ecosystems, is set to help travelers decide on the destinations they want to experience in person, reveals a new survey conducted by Booking.com...

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Crypto derivatives exchange Deribit releases new client verification of assets function

Crypto derivatives exchange Deribit releases new client verification of assets function

Deribit, the popular cryptocurrency derivatives exchange, announced today it has launched a new ‘Proof of Reserves‘ tool for clients using the trading platform. Now, clients are provided with the functionality to verify their assets to be included in Deribit’s...

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Bitcoin Price On The Checklist: Will BTC Shine Before Christmas?

Bitcoin Price On The Checklist: Will BTC Shine Before Christmas?

Bitcoin and the broader crypto market rapidly reversed course in response to the U.S. Federal Reserve’s announcement of a 50-basis-point increase in interest rates, erasing any gains made before the disclosure. The Federal Reserve has been steadily raising interest...

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Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year – Bitcoin News

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year – Bitcoin News

The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during...

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Citi Says Crypto Market Leverage, Open Interest Are Historically Low

Citi Says Crypto Market Leverage, Open Interest Are Historically Low

“Leverage, volatility and interest have faded as investors battle with declining prices,” analysts led by Joseph Ayoub wrote. “Retail interest has broadly diminished as prices have declined,” and this has “coincided with a more general decline in volatility.” Source...

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Algorand to support bank and insurance guarantees platform in Italy

Algorand to support bank and insurance guarantees platform in Italy

Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy’s banking and insurance markets. The Algorand-supported platform is expected to launch in early 2023. According to...

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The Collapse of FTX — How to Spot Fake Cryptocurrency Exchange Website

The Collapse of FTX — How to Spot Fake Cryptocurrency Exchange Website

Cryptocurrency Exchanges provide a crucial place for buying and selling digital assets. However, many of these exchanges are still unregulated and prone to fraud. Let’s dwell on what are possible methods to spot fake cryptocurrency exchange platforms!!! How to...

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