Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Altcoins
CoinGecko and Dypius Partner to Build and Pioneer Innovation on the World of Dypians
Several prominent names in the crypto sector, including Avalanche, Conflux, and Chainlink, are making strides in the World of Dypians. The latest to join the ranks is CoinGecko, aligning with leading industry figures for increased engagement and education. CoinGecko has partnered with Dypius to lead innovations on the World of Dypians platform, a metaverse gateway to the crypto universe. Here, players can delve into a one-of-a-kind experience, interacting with AI-driven NPCs. A Fresh Alliance in the World of Dypians…
1 week ago 263 views
CryptoVirally Unveils Mega Savings: Up to 70% Off on Premium Crypto Marketing Packages
CryptoVirally, a leading name in the crypto marketing sector, is thrilled to announce the return of its highly sought-after limited-time offers, providing up to 70% discounts on their top-tier crypto marketing services. These offers are available for the next 90 days, ensuring that crypto projects can avail of the best marketing solutions at a fraction of the cost. Highlights of the Limited Offers: Bloomberg and Mainstream Media + Awareness Silver + Crypto PR: This package promises a potential reach of…
1 week ago 219 views
Uniswap Centralized? A16z Flexes Voting Power to Crush Governance Proposal
The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
8 months ago 1.7 k views
World of Dypians Announces Whitelisting for Genesis Land NFTs at Knockdown Price
World of Dypians (WoD), the expanding metaverse from DYPIUS, announced that 1,000 Genesis Land NFTs are available for minting on the Ethereum blockchain. The whitelisting process ends on February 17 and gives users immediate access to one of the most promising metaverse projects and all its benefits. WoD Genesis Land is located in a prime area within the game, and a plot is available at a knockdown price of only $1,200 (0.73 ETH). These NFTs reward owners with early access…
8 months ago 1.4 k views
Oxford Student Jailed After Stealing $2.4 Million Through Crypto Scam
Wybo Wiersma – a 40-year-old Oxford University graduate – has been sentenced to four and a half years in prison after scamming over $2 million in crypto from unsuspecting victims. Following his arrest in 2019, the Netherlands extradited the Dutchman back to the United Kingdom (UK) in 2021. Following a five-year investigation by the South East Regional Organised Crime Unit (SEROCU), he pled guilty on January 26 to the Oxford Crown Court. A Five-Year Investigation As reported by the Daily…
8 months ago 974 views
Doge Rises Amid Reports of Crypto Support on Twitter
According to a Financial Times report, CEO Elon Musk would like Twitter’s in-progress payment model to incorporate cryptocurrencies. Amid the mooted revelations, Musk’s favorite crypto Dogecoin experienced a notable surge in value. The token hit a daily high but retraced its steps soon after. Elon Musk became Twitter owner and CEO on the 27th of October last year. Despite still being in the early days of the handover, Twitter has experienced a slew of makeovers in the last few months.…
8 months ago 1.1 k views
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SolanaSolana, Other Cryptos Puke After DOJ Announcement – But Are Still Winning On the Week
The crypto market has retraced slightly since Wednesday after the Department of Justice announced an enforcement action against the small Chinese cryptocurrency exchange. News of the reveal – which was ultimately underwhelming for many in the community – nevertheless dampened a broad rally among digital assets throughout the week. Solana's Volatile Week Solana (SOL) – which rose as high as $24.75 on Monday – trades at $21.08 at writing time. While down roughly 10% since earlier this week, its still…
9 months ago 956 views
Russia and Iran Consider Deploying a Gold-Backed Stablecoin
The government of Russia may be partnering with Iran’s central bank to issue a new stablecoin backed by gold. The stablecoin’s purpose will be to facilitate cross-border trade settlement. Russia’s New Trade Plan Per a report from the Russian media outlet Vedomosti on Monday, the stablecoin could ideally work as a substitute for dollars, ruble, and euro in foreign trade. Anton Tkachev confirmed that negotiations for such a token were already taking place. However, the ongoing discussion at state level…
9 months ago 921 views
BitConnect Ponzi Victims to Receive $17 Million Restitution
Victims of the infamous BitConnect Ponzi scheme in 2017 are due to receive net restitution worth $17 million, according to a statement from the Department of Justice (DOJ) on Thursday. According to the DOJ’s statement, a federal district judge in San Diego ordered that the funds be distributed to 800 victims of the scam across 40 countries. The department described BitConnect as “a textbook Ponzi scheme” that paid earlier investors with money from newer investors. BitConnect’s top promoter Glenn Arcaro…
9 months ago 1.1 k views