Archives: Fast News

  • Germany’s new ruling coalition calls for ‘joint European supervision’ of crypto in ruling agreement

    Germany’s new ruling coalition calls for ‘joint European supervision’ of crypto in ruling agreement

    Germany’s new ruling coalition calls for ‘joint European supervision’ of crypto in ruling agreement

    A trio of political parties in Germany struck an agreement this week that will see them assemble a national governing coalition. Part of that agreement includes a call for European countries to work together to monitor activities in the crypto sector.

    The three parties pledged to provide a framework for fintech and an examination of a legal approach to issuing digital stocks in order to develop Fintech technology in the country.

  • El Salvador is building a $1 billion Bitcoin City

    El Salvador is building a $1 billion Bitcoin City

    Nayib Bukele, the President of El Salvador, announced that the country will be building a Bitcoin City during the Latin American Bitcoin and Blockchain Conference. The city will be located in the country’s eastern La Union province, and partly financed by a $1 billion Bitcoin bond issued by Blockstream.

  • Adidas goes full Metaverse with Coinbase partnership

    Adidas goes full Metaverse with Coinbase partnership

    Adidas goes full Metaverse with Coinbase partnership

    Adidas announced earlier this week that it has partnered with Coinbase, one of the largest cryptocurrency exchanges in the world. Coinbase partnership is part of Adidas’s strategy to gain a foothold in the Metaverse.

  • SHIBA INU plans to build Metaverse

    SHIBA INU plans to build Metaverse

    SHIBA INU (SHIB), the 12th largest cryptocurrency by market cap and the most popular meme currency at the moment, announced that they will develop Play-to-Earn NFT games that would help the meme currency consequently transition into its Metaverse in 2022.

  • GALA grew by 900% in just 2 weeks

    GALA grew by 900% in just 2 weeks

    GALA, the native token of the Gala Games ecosystem, witnessed significant growth, printing a new ATH at $0.836 on Nov.26. GALA is currently trading at $0.672 with a trading volume of 3.7 billion USD.

  • Tanzania reportedly makes plans to launch CBDC

    Tanzania reportedly makes plans to launch CBDC

    Tanzania reportedly makes plans to launch CBDC

    According to a Friday Bloomberg report, Bank of Tanzania Governor Florens Luoga said on Thursday that Tanzania was planning to follow Nigeria’s example in rolling out its own central bank digital currency (CBDC).

  • El Salvador buys 100 more Bitcoins as crypto market falls

    El Salvador buys 100 more Bitcoins as crypto market falls

    El Salvador buys 100 more Bitcoins as crypto market falls

    Nayib Bukele, the president of El Salvador said he had purchased 100 Bitcoin (BTC), investing more than $5 million into Bitcoin as the price dropped under $54,000. El Salvador is currently holding a total of 1,220 BTC, worth roughly $66.3 million.

  • Whales bought 40,000 Bitcoin during the dip this week

    Whales bought 40,000 Bitcoin during the dip this week

    Data shared by Santiment recently revealed that Bitcoin wallet addresses holding between 100 to 10,000 units of Bitcoin, accumulated over 40,000 units of Bitcoin when the price of the asset dropped to around $56,000 in the past week. This roughly translates to around $2.2 billion.

  • Basic Attention Token (BAT) hits All-Time High

    Basic Attention Token (BAT) hits All-Time High

    Although the market went down due to Bitcoin, BAT still witnessed significant growth. After hitting an All-Time High of $1.85 this morning, BAT is currently trading at $1.52 with a trading volume of 3 billion USD.

  • Bitcoin dumps below $55K to 6-week low

    Bitcoin dumps below $55K to 6-week low

    Bitcoin plummeted by several thousand dollars in just a few hours to a six-week low of under $55,000. Most of the cryptocurrency market experienced an even more severe crash. The hourly liquidations exceeded $300 million.