Biggest Movers: DOGE, SHIB Surge As Elon Musk Tweets Dog CEO Pictures
According to the news, Elon Musk increased the price of Dogecoin by a brilliant act when he shared a meme for the CEO of Twitter by putting his primary all. What’s certain is that a lot of people got a good laugh from his act and it’s headline: “Twitter’s new CEO is amazing.” This tweet saw both Dogecoin and Shiba Inu rally higher and we can say, the global cryptocurrency market cap is up 2.42% as of writing.
Napster expands into Web3 music space with Mint Songs acquisition
Napster, a music-based streaming service originally launched in 1999, announced on Wednesday that the company has finalized a deal to acquire web3 music startup Mint Songs, and that CEO John Vlasopoulos stresses that “we definitely want to have a system of innovation in digital music and its field and of course we live in an unprecedented era and he absolutely believes that web3 technology ‘s innovations will help musicians find new ways to connect with their fans while also expanding our services.”
SEC Chairman Proposes Amendment to Federal Custody Rules to Cover ‘All Crypto Assets’
It has been suggested by Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), that a federal custody rule be amended to cover all crypto assets. “Some crypto trading services and lending platforms may claim to have custody of an investor’s cryptocurrency, does not mean they are a qualified custodian”, the head of the Securities and Exchange Commission says. The chairman elaborates further. that based on how crypto platforms typically operate and how investment advisors cannot rely on them as qualified custodians and own assets from these platforms instead of properly segregating investors’ crypto Crypto or has been linked with other investors’ crypto.
Bitcoin Ordinal Inscription Surge Past 100,000 Mark, Supporting Infrastructure Develops
According to the latest figures, more than a million sequential inscriptions have been added to the bitcoin blockchain since its inception. Amid growing popularity, people have launched subsidiary markets and tools that allow individuals to write without a full node, and in addition, a decentralized general exchange is reportedly in the works.
El Salvador considering opening second bitcoin embassy in Texas to boost economic exchange
On February 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin exchange in the Lone Star State, and that Texas is definitely “our new ally”. Its overall goal is to fully expand “commercial and economic exchange projects”.
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains After US Inflation Report
If we look at the data of bitcoin, it was trading above $22000 on 15th February while the market continues its reaction to the latest US inflation report. The Consumer Price Index rose 0.5% in January, which we see after a 0.1% increase the previous month, and the overall annual rate of inflation came in at 6.4%, lower than December’s total of 6.5%, but we Can see that the expected was higher than 6.2%. We also see Ethereum stalled on hump-day here.
Only 4% of companies in Spain have moved on to offer services in the Metaverse.
According to a survey conducted by ISDI, a national business school, only 4% of companies in Spain have managed to implement the metaverse for their operations, and 40% of business managers surveyed admit that it is important for them to use the metaverse for their business. It’s hard to bring into the metaverse by means as important as some parts. CEO Rodrigo Miranda shares his views on this matter, saying that the success and penetration of Spain and its companies and professionals in this new universe will depend on the speed with which it can accept and adapt to the coming revolutionary change. You can and give your feedback.
South Korea’s Second Largest City Aims To Become Crypto Hub
Busan, South Korea’s second largest city, has reached a high level in efforts to become a crypto hub as the city has been designated as a “super-aged” city by the Korean government and authorities believe that cryptocurrencies are a promising option for young people. To attract people and tech startups and investors can definitely enable and help change all that. Arguably, the population of this city is more than Aryan and hence it is said that focusing on digital assets and financial products is the right approach and a step in the right direction.
Income Movement RightfulShare says it has launches ‘first unconditional’ crypto UBI in South Africa
RightfulShare, an income equality advocacy movement, recently said it launched what it describes as the “first unconditional” universal basic income transfer of crypto. According to Karen Joste, this crypto UBI not only expands possibilities for unemployed South Africans, but also defines and enables entrepreneurship to grow.
UK Payments Company Wirex Becomes Visa Global Partner, Extends Crypto Card Program to Over 40 Countries
Wirex, a London-based digital payments company, announces that it has become a global partner of Visa, allowing the company to bring its card features to more markets around the world and expand business. The partnership, however, means that Wirex will be able to offer its crypto card services to the APAC and United Kingdom markets. With our network of banks and merchants, we want to offer more payment options for consumers beyond digital currencies, said Matt Wood, Visa’s head of digital partnerships for the Asia Pacific region. We are excited that Wirex is looking to expand its focus to Asia Pacific by making it easy and seamless for people to spend crypto balances at millions of merchants in the region that accept Visa and are up and running.
