Where Does Bitcoin Stand With Depleting Dollar Dominance

The world has relied on the US Dollar as a reserve currency for decades now, needless to say that it is one of the world’s strongest currencies. As far as Bitcoin and its potential prevalence are concerned, many experts believe that the digital currency could threaten the global supremacy of dollar. It is no news that Bitcoin and other cryptocurrencies have …

Continue Reading

Crypto Corner: The Sports Slice

Another research firm envisions big changes to come in how fans engage with their favorite sports. Another MLS club is joining the mix, signing a new deal with a digital asset investment firm. And collegiate athletes name, image and likeness (NIL) continues to see disruption and innovation courtesy of crypto and blockchain firms. It’s just another week of sports and …

Continue Reading

Goldman Sachs Will Now Offer Its Clients Ethereum Funds Via Galaxy Digital

Goldman Sachs will be offering its clients access to Ethereum Funds through Galaxy Digital’s Institutional Ethereum Fund. This was reported from the regulatory documents filed with the U.S Securities and Exchange Commission (SEC). The SEC also displayed that it had listed Goldman Sachs as a beneficiary of the charges that are required to be borne for letting clients have access …

Continue Reading

Crypto Corner: The Sports Slice

Sports monsters in European football were particularly aggressive this past week in crypto engagement, while analytics firms like Deloitte and Nielsen predict growth for the years ahead in crypto and blockchain sports sponsorship spend. FC Barcelona and Manchester City led the charge in sports headlines around crypto this week, but for two entirely different reasons. Let’s take a look at …

Continue Reading
Fantom Foundation (FTM)

Fantom Foundation Responds To Andre Conje’s Departure

Fantom Foundation has responded to the news of Andre Conje exiting crypto. The announcement which came early on Sunday saw Anton Nell and Andre Conje announce their departure from crypto and decentralized finance (DeFi) and any contribution thereof. This had sent shocked the community as it came seemingly out of nowhere, leaving many questioning the fate of the blockchain. Fantom …

Continue Reading

Crypto Assets Catapult In South Korea: Valued Above $45.9B

South Korea’s Crypto Asset Market witnessed massive growth at the end of 2021. The valuation of the market stood at $45.9B (55.2 Trillion Won). This information was brought to light by the country’s primary financial regulator, The Financial Service Commission. A unique study was conducted by the financial regulator in light of the information compiled from a total of 24 …

Continue Reading

How Analysts Expect Crypto Sports Sponsorship Spend To Reach $5B In Less Than Five Years

Nielsen has been in existence for nearly a century, and is widely considered one of the most respectable names in data and market measurement, particularly around TV and media viewership and related areas. In Nielsen’s latest report, ‘Fans Are Changing The Game,’ the publicly-traded firm is forecasting the sports sponsorship pocketbook for blockchain and crypto firms to tally up to …

Continue Reading

Crypto Corner: The Sports Slice

The NFL is approaching crypto sports deals with caution, but the abundance of potential revenue is keeping the league engaged. Meanwhile, one storied football club across the pond is looking to build the first-ever ‘metaverse stadium.’ And a popular NBA player is shutting down shop on his NFT project, leaving many with a bad taste in their mouth. It’s all …

Continue Reading

El Salvador Proposes Offering Citizenship To Foreign Investors

Nayib Bukele, El Salvador’s Bitcoin-loving president has announced plans to offer citizenship to foreign investors. This move could invite more investment projects like this series of reforms is a step closer to strengthening and reinforcing the country’s economy. Bukele announced this news through Twitter on Sunday, his tweet stated: I’m sending 52 legal reforms to congress, to remove red tape, …

Continue Reading
FTX

Crypto Exchange FTX To Introduce Its Gaming Unit

We are launching FTX Gaming because we see games as an exciting use case for crypto. There are 2 billion+ gamers in the world who have played with and collected digital items, and can now also own them. The merging between crypto and gaming industries could provide digital tokens and NFTs to gamers with more ownership over the items …

Continue Reading