Animoca Brands Affirmed Triple $110M Funding With Boyu, Temasek, And CGV

The venture capital firm Animoca Brands has confirmed in a recent announcement that it has secured a $110 million funding deal involving Boyu Capital, CGV Capital, and Temasek. Animoca Brands Wrapped New Funding Round According to the company, the recent funding partnership comes in the form of an asset issuance which the firm may choose …

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Crypto Euro Will Focus On User Convenience And Safety

The European Union is making more and more steps toward digitalizing its currency. CBDC or Central Bank Digital Currency is a relatively new term that has been thrown around quite frequently since the beginning of 2020. The new digital euro is set to be issued somewhere next year with the strong possibility of it releasing …

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Fantom (FTM): Evaluating Chances of 20% Dip in September

Fantom has hovered inside a value range since the early May sharp dip. The altcoin was yet to break this 4-month-old range. Meanwhile, the last ten days saw prices moving below the mentioned range’s lower boundary. Also, Bitcoin exhibited bearishness on its price charts, and September seems primed for further plunges. A downward move in …

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Terra Classic (LUNC): How RSI to Price Divergence Confirms Shorting Opportunity

Terra Classic (LUNC) has presented impressive performance over the previous week following its tax burn confirmation. The asset’s price action subsequently resorted to a massive uptick, delivering a whopping 78% surge within the past two weeks. Though the outcome, a massive dip could be upcoming and may offer short traders a lucrative opportunity. LUNC’s uptrends …

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El Salvador Marks Its First Bitcoin Anniversary 

El Salvador is celebrating its first anniversary as the only country to adopt Bitcoin as a legal tender on September 7, 2021, after its president Nayib Bukele implemented the famous Bitcoin rules. El Salvador’s One Year of Ups and Downs Last year, President Nayib Bukele pushed for adopting Bitcoin as a fiat alternative. He also …

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Bitso Launches Crypto Remittance Platform For Mexico And Canada

North America’s most popular crypto exchange, Bitso, has launched an ambitious payment solution project to connect three continents to expand cross-border remittances. Bitso Strikes Partnership with Africhange Bitso is a strategic partner of the U.S-based payment and exchange protocol, Ripples Labs. The exchange recently signed a deal with Africhange to facilitate payments between Europe and …

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Reddit’s NFTs Are Selling On Opensea For A Premium!

Reddit is a massive forum with hundreds of millions of active users. Their decision to issue blockchain-based non-fungible tokens representing avatars is a bold move that paid off greatly. See, the issue with other NFTs is that anyone can copy and paste JPEGs and post them as their avatars on any social media, but Reddit …

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What for Synthetix (SNX) After the Recent SIP-276 Proposal?

Synthetix seems primed for breakouts following a new announcement. The network introduces a proposal to cap the token’s (SNX) supply as a memorable 300 million. Surprisingly, that follows two failed trials to amplify the amount staked SNX (Messari reports). The proposals have triggered an increase in SNX’s inflationary rewards, which welcomed downside pressure on the …

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Key Financial Terms Related To Crypto Bear Market

Cryptocurrency trade is slowly gaining momentum all around the world. The high volatility of the crypto assets has caused it to struggle continuously where a little change in any associated factor brings a drastic change in prices in the financial market. This introduced the concept of crypto bear market. Where the concept of cryptocurrency is …

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Reserve Bank Of India Gears Up To Pilot CBDC In Collaboration With Fintech Firms And Banks

Before the end of the present fiscal year, CBDC will be introduced in India as a result of the trial comprising 3 stages. Reportedly, the FIS of the United States is taking part in this event. It has been locally reported by Monycontrol on 5th September that The Reserve Bank of India (RBI) is consulting …

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