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crypto market reaches $3 trillion market cap
Crypto Market Cap Reaches $3T as ETH Price Hits ATH

The total crypto market capitalization has reached $3 trillion. Ethereum price set another all-time high. Other coins like Bitcoin and XRP make high leaps. For the first time, the cryptocurrency space’s total combined market capitalization has hit the $3 trillion territory, according to CoinGecko. Almost all top ten cryptocurrencies are trading in green, which would definitely make many crypto traders and investors happy. However, the star of the show is Ethereum, which reached another all-time high (ATH) price of $4,782.42, according to CoinGecko. As seen on the chart above, Ethereum price has been climbing for weeks. This is an impressive

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Hype and upbeat partner to launch its photo card nets
HYBE and Upbit Partner to Launch BTS Photocard NFTs

HYBE has partnered with Upbit crypto exchange to launch BTS NFTs. The BTS NFTs will include moving digital photocards with sound. Also, HYBE is acquiring a 2.5% stake in Upbit’s parent company Dubamu. HYBE has reportedly partnered with Upbit crypto exchange to launch BTS photocard NFTs and more. HYBE, formerly BigHit Entertainment, is the powerhouse behind global phenomenon Bangtan Sonyeondan, popularly known as BTS.  BTS consists of seven members; Kim NamJoon, Kim Seok Jin, Min Yoongi, Jung Hoseok, Park Jimin, Kim Taehyung, and Jeon Jungkook.  According to Bloomberg, the partnership between HYBE and Upbit will catapult BTS into the crypto

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binance participating c funding series of gamefi games platform
Binance Participates in Series C Funding of Mythical Games GameFi Platform

Binance has participated in a Series C funding round of Mythical Games platform. Andreessen Horowitz led the funding round. Binance posted a vague announcement saying it is hopping into the metaverse. Binance has invested further in GameFi by participating in the series C funding round of Mythical Games, a blockchain-based gaming firm. Prominent investment firm Andreessen Horowitz led the funding round, along with other investors such as Redbird Capital, D1 Capital, Raine Group, and Binance’s contemporary exchange FTX. That said, Mythical Games has reached its unicorn status by reaching $1.25 billion after the success of the last investment effort. Meanwhile,

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elon musk selling Tesla stocks to buy bitcoin
Elon Musk Mulls Over Selling 10% Tesla Stocks. Will He Reinvest Into Crypto?

Tesla CEO Elon Musk is considering selling 10% of his Tesla stocks. Elon made a poll in which people will vote whether he will do so or not. Some people are suggesting that he reinvest in cryptocurrency. Tesla CEO Elon Musk took to Twitter his thoughts of selling 10% of his TSLA stocks, which is worth more than $20 billion. At the time of writing, almost 3 million people participated, with 56.6% voting yes, while 43.4% chose no. Consequently, Elon wrote in another tweet that he will abide by the outcome of the poll. For those who may be wondering

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USA Mayor gets salary in Bitcoin
US Mayors Pledge Bitcoin Adoption, Will Get Salary in BTC

Jackson, TN Mayor Scott Conger, New York City Mayor-elect Eric Adams, and Tampa, FL Mayor Jane Castor will accept their next paycheck in bitcoins. The move follows Miami, FL Mayor Francis Suarez, who announced the same earlier. At the time of writing, Bitcoin price is at $60,839.03 It appears like politicians across the US are starting to embrace Bitcoin and are leading the charge toward mass adoption. Last week, Miami, Florida Mayor Francis Suarez announced that he will accept his next salary in bitcoins. In a tweet, he tagged Miami Director of Innovation and Technology Mike Sarasti to enable him

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EA Joins Ubisoft in blockchain
EA Joins Ubisoft, Calls NFT, Blockchain Games “the Future” of Gaming

Electronic Arts (EA) considers NFT and blockchain games as part of the future of gaming. Recently, Ubisoft also announced that it will delve deeper into NFT and blockchain. Gaming juggernaut Electronic Arts (EA) has expressed interest in blockchain gaming, particularly those involving non-fungible tokens (NFTs). According to EA, these are “an important part of the future”. According to EA CEO Andrew Wilson during the company’s earnings call, “They [gamers] want more digital experiences outside the game — esports, NFTs, broader sports consumption and they want us to move really, really quickly.” Interestingly, the company said the statements alongside major competitor

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Axie Infinity Ronin DEX Goes Live; AXS, SLP Price See Massive Surge

Axie Infinity’s Ronin DEX is now live. Players can now swap their SLP into wETH, AXS, or USDC with ease. The launching of Ronin DEX has caused a massive surge in AXS and SLP prices. NFT game hit Axie Infinity’s Ronin decentralized exchange (DEX) has gone live. The new function has set the game’s native tokens Axie Infinity Shards (AXS) and Smooth Love Potion (SLP) soaring high. SLP/USDT 1-hr chart (source: TradingView) As seen on the chart above, SLP price has surged from $0.06 to $0.08 in a matter of hours. Likewise, the surge is also evident in AXS price.

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australian bank commonwealth to enable bitcoin
Australian Big-Four Bank CBA Partners With Gemini for Crypto Services

Commonwealth Bank of Australia partnered with crypto exchange Gemini. The partnership will allow users to buy and sell crypto through the CommBank app. Commonwealth Bank of Australia is one of the biggest banking institutions in the country. The Commonwealth Bank of Australia (CBA) has announced its collaboration with US-based cryptocurrency exchange Gemini. Through the partnership, CBA will enable users to buy and sell cryptocurrency on its CommBank app. The new crypto services will launch in the coming weeks as a pilot. Moreover, as per the announcement, users will have access to ten cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. 

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solana flips cardano
Solana Flips Cardano While Dogecoin Temporarily Regains Dog Coin King Title

Solana is now the fifth highest cryptocurrency in terms of market capitalization. Dogecoin retook its position as the highest meme coin. Meanwhile, Shiba Inu is undergoing a price correction. The current crypto market is keeping everyone at the edge of their seats, as so many unexpected events are taking place. For example, Solana has overthrown Cardano to become the fifth highest cryptocurrency in terms of market capitalization, according to CoinGecko. At the time of writing, Solana market capitalization is at $68 billion, while Cardano’s is at $66.5 billion.  Conversely, CoinMarketCap reports otherwise. According to the site, Cardano is back to

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Squid game crypto coin scam
Depressed or Rug-Pulled? Squid Game Token Now Worth Zero

Squid Game (SQUID) token rug-pulled from about $2,861 to zero in a span of minutes. The token aims to ride on the popularity of the Netflix hit of the same name. Squid Game (SQUID) token recently crashed from about $2,861 to zero in a span of minutes. Many are now saying that the project is a classic example of a rug pull. The token website, as well as its social media handles, are now gone. Prior to deleting its accounts, the token sent a message saying that the developers are “depressed” due to scammers and that the token will “enter

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croons mainnet launch
Cronos Set to Launch Its Mainnet Soon, Bags $100M Developers Fund

Cronos will launch its mainnet soon. Cronos bag over $100 million to support its network developers Cronos, the EVM compatible chain running in parallel to the Crypto.org Chain is now a few days away from introducing its own mainnet. In detail, Cronos network will launch its mainnet in the next five days. This announcement was released in the official Twitter page of the Cronos network. The blockchain upgrade of Cronos will bring many improvements to the network. It will become the first Cosmos EVM chain for DeFi, NFT’s, and Metaverse. Furthermore, the upgrade also allows the network to have instant

1 min read
Polka Dot Price new all time high
Polkadot Price Reached New ATH, Enters Price Discovery Mode

Polkadot price has reached its all-time high at $53.25. DOT price has entered price discovery. Polkadot council has approved the parachain registration crowdload motion. Polkadot (DOT) recently hit its all-time high (ATH) price. At the time of writing, DOT price ATH is $53.25, according to CoinGecko. As seen on the chart above, Polkadot’s uptrend is convincingly above the 50-day Simple Moving Average (SMA) and 200-day SMA. On the other hand, trading volume has yet to reach record-highs. In terms of fundamentals, one reason that may have caused the DOT price uptrend is the recent update on the parachain registration and

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