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
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
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
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 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.
SHIBA INU passes new record of 1,000,000 holders
In an announcement on Nov. 25, SHIBA INU (SHIB) has reached an adoption milestone by surpassing the 1 million holders mark. There are 1,002,021 SHIB holders according to data from Etherscan.
Decentraland’s MANA token hits ATH
Decentraland’s MANA token pushed to a record high on Nov.25, hitting $5.84 for the first time. It is up almost 40% in the past seven days.
The token of the decentralized virtual reality platform built on the Ethereum blockchain now has a reported market capitalization of $9.2 billion. The surge pushes it ahead of metaverse-related play-to-earn game Axie Infinity’s AXS, which has a reported market cap of $8.6 billion.
Axie Infinity plot of virtual land sells for record $2.4 million
A virtual land plot in the Axie Infinity NFT game sold for a record price of 550 ETH, equivalent to $2.4 million. The plot is part of the “Genesis” land type, which Axie Infinity describes as “extremely rare”.
Bibox officially endorses KardiaChain ecosystem
KardiaChain announced that the leading artificial intelligence exchange platform, Bibox has completed their integration with KardiaChain and intend to adopt all KRC20 ecosystem.
The Metaverse is a $1T opportunity after users increase 10X
According to a new report from Grayscale, the rate of active Metaverse users increased by 10X between the start of 2020 and June 2021.
Grayscale estimated that the “market opportunity” for bringing the Metaverse to the mainstream may be worth over $1 trillion in the next few years.