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Poker Players Are Improving Their Winning Odds with Bitcoin Cash Outs

As Bitcoin continues its rally, successful gamblers are becoming better winners by requesting payments and cash outs of Bitcoin from major online poker sites.  CEO of Winning Poker Network (WPN), Phil Nagy, said that in recent weeks, the site has had to purchase millions of dollars in Bitcoin a day from crypto over-the-counter (OTC) trading … Continue reading Poker Players Are Improving Their Winning Odds with Bitcoin Cash Outs

Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

UK-based crypto exchange EXMO has detected suspicious activity on its platform, and as a preemptive measure, it has suspended withdrawals for the time being. The digital asset exchange with offices in Moscow and Kyiv flagged large withdrawal sums of Bitcoin (BTC), Ripple (XRP), Zcash (ZEC), Tether (USDT), Ether (ETH), Bitcoin Cash (BCH), and Ethereum Classic … Continue reading Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

Along with the heat Ripple is currently facing from the Securities and Exchange Commission, one of its lead investors has also turned against it. Currently, Tetragon is suing Ripple to force it to redeem its stock. The multi-billion asset manager, which initially led Ripple’s $200 million Series C funding round in 2019, has now joined … Continue reading Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

French Football Federation Explores Player NFT Cards in Partnership with Sorare

The French Football Federation has made history, connecting a partnership with blockchain-based fantasy soccer game Sorare to create collectible digital cards for its National Team players. Ranking as one of the first national teams featured on the growing collectible or Non-Fungible Token list, the ‘Le Bleus’ team cards, as the French team is often called, are billed … Continue reading French Football Federation Explores Player NFT Cards in Partnership with Sorare

Top Tennis Player Andy Murray's Wimbledon NFT Sold for $177,777 at Auction

Scottish professional tennis player Andrew Barron Murray’s 2013 Wimbledon championship moment non-fungible token (NFT) has been sold for $177,777 at the WEENEW auction on Monday, according to the Reuters report. The buyer who purchase Murray’s Wimbledon “moment” NFT reportedly will not own the copyright of this video but will have a small electronic screen showing two tickets … Continue reading Top Tennis Player Andy Murray's Wimbledon NFT Sold for $177,777 at Auction

IMF to Play a Crucial Role in Monitoring Digital Money Evolution

The International Monetary Fund (IMF) has unveiled the role it has to play in helping to court the rapid advancement in digital money around the world. Per a Reuters report, drawing on a Public Policy paper published by the Fund on Thursday, the IMF acknowledges the positive impacts all forms of digital money, including Central … Continue reading IMF to Play a Crucial Role in Monitoring Digital Money Evolution

Crypto Deals Catch the Eye of Bigger Players, Triggering Price Surge

Large investors are continuously showing interest in having a share of the crypto sector cake. As a result, fundraising by crypto companies has seen a surge in valuations as more prominent players push prices upwards. Crypto deals experiencing an uptick in price According to PWC Crypto Leader Henri Arslanian: “Boutique firms and family offices are … Continue reading Crypto Deals Catch the Eye of Bigger Players, Triggering Price Surge

Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play

A surge above the $42K level provided a sigh of relief in the Bitcoin (BTC) market after months of consolidation. Nevertheless, the leading cryptocurrency was down by 2.63% in the last 24 hours to hit $38,541 during intraday trading, according to CoinMarketCap.  On the other hand, the Realized Cap HODL Waves indicator, as availed by … Continue reading Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play

Institutional Adoption is Playing a Part in the Next Leg of Ethereum’s Bull Run

Ethereum’s previous bull run, which saw a record-high of $4,350 hit, boosted the booming non-fungible token (NFT) and decentralised finance (DeFi) sectors. Dan Tapiero, the CEO of 10T Holdings, believes that institutional adoption is propelling the next leg of Ethereum’s bull run. He explained: “Institutional adoption of Ethereum driving the next leg of the bull … Continue reading Institutional Adoption is Playing a Part in the Next Leg of Ethereum’s Bull Run

Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

Bitcoin (BTC) arouse the attention of crypto communities followed by lively discussions after the leading cryptocurrency recently breached the psychological price of $40K. Low volatility had engulfed the BTC market because of its price that had consolidated between the $30-$40K range for months.  Market analyst Holger Zschaepitz believes that the three major central banks, namely … Continue reading Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

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