Another major metropolis is jumping headfirst into the world of crypto by investing in the digital space and proposing discounts for citizens paying taxes in Bitcoin (BTC). Rio de Janeiro, the South American city of almost 7 million people, now plans to invest 1% of its treasury funds into crypto. According to Brazilian newspaper O […]

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Global cryptocurrency funds recorded sharp gains in 2021 after prices of most digital currencies surged to record levels, as per a report by BarclayHedge. Which in turn led to strong institutional interest, furthering the acceptance of cryptos by watchdogs worldwide, the firm noted. With that, the investment database firm recorded that the BarclayHedge cryptocurrency traders […]

West-coast based spatial data and analytics firm RMDS Lab plans to create the first-ever dedicated science NFT Marketplace before the end of the first quarter of the year. Related Reading Bitcoin Revisits $44k As Exchange Outflows See Uptick RMDS Lab is known as a data and artificial intelligence (AI) platform based in California, and founded by IBM’s former chief data scientist Alex Liu in 2009 to create a global community of data scientists and researchers, and to promote scientific innovation through data and AI. As NFTs increased in popularity, RMDS says ‘a huge demand for NFT minting and listing’ played a part in RMDS’ decision to create a way to sell NFTs for research and technology-associated IP. ETH: Ethereum is leading coin on the blockchain for NFTS. ETH-USD on TradingView.com The NFT market rocketed almost 43,000% between 2020 and 2021, according to the cryptocurrency exchange Binance. RMDS’ goals in moving into NFT sales are to connect scientists with investors, as well as to link science and technology IP with related collectors, investors and science enthusiasts. The intent is to provide new fundraising channels for science and technology projects, and accelerate technology development. NFTs have mostly been art and music based, with gaming and literature joining in at times as well. Liu explained  “for scientists, it is often difficult to get funding, and to get funding through the traditional channels takes a long time.” He added that “NFTs can simplify this and help people to focus more on their real work,” in a statement released by Chemistry World.  “Also, scientists do not have many channels to reach investors, and an NFT marketplace can expand their reach.” NFTs and science have already made a couple of moves that might of sparked the idea that science can in fact sell NFTs. In June 2021, The University of California, Berkeley announced that they will be auctioning off the patent disclosures behind two Nobel prize-winning discoveries made there by selling them as NFTs. They set aside part of a fundraising effort to support basic research at UC Berkeley; the plan worked out for the better, and the University earned $55,000 from an NFT that was based on James Allisons breakthrough research behind cancer immunotherapy back in the 1990s. Liu acknowledges that the technology behind NFTs is still evolving and developing to address these environmental issues, as well as security and copyright issues. “We are connected to a lot of experts in blockchain AI, and we want to develop this marketplace,” he stated. “With our talent pool we want to help solve some of these problems and make NFT exchange better.” The platform is still in developmental stages and is set to be completed by the end of March. Related Reading Bitcoin Is Massively Overvalued, Billionaire ’Bond King’ Jeff Gundlach    

Solana’s price remains higher and oscillates in a trading range. The digital currency faces upside pressure near $157.87. However, sellers failed to capitalize on the downside trend. The current market cap is $46,634,116,790 USD in the past 24-hours. Solana (SOL) gains remain consolidated in a tight range. SOL bulls are not ready to give up

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68% out of over 3,000 polled individuals said they began investing in cryptocurrencies last year.

Binance CEO says it’s almost impossible to point to the single determinant of the exchange’s success. He compartmentalizes the factors into three – Users, Service, and Product. The exchange has blazed a trail in an uncharted path by becoming the first exchange to cater to a wider, international clientele. Binance is undoubtedly the largest cryptocurrency […]

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Over the last 24 hours, the crypto market has been generally bullish. Bitcoin, the market leader, has lost 0.03 percent in the last few hours due to a pullback. Meanwhile, Ethereum is up 1.22 percent, with Terra (LUNA) leading the market with a gain of almost 6%. BTC Price Analysis Over the previous 24 hours, …

XRP has lost almost 17% since January 2 from the highs of $0.8659. The price gains more than 1% on Saturday from the lows of $0.7680. At the time of writing, the XRP price has been hovering near higher levels. XRP extends the previous session’s gains today with more than 1% gains. The Altcoin rises

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The quickly expanding world of Web3 has grabbed the attention of investors and developers alike and FTX is looking to dip their toes in it too.  FTX Venture FTX’s new branch call FTX Venture has been created with $2 billion set aside for funding new and developing companies in the crypto market. In order to […]

Editorial With Apple approaching the VR market, Meta needs to change its approach to user interface and experience in headsets.

Job listings for crypto-related positions increased by almost five times in 2021 compared to a year earlier, according to a recent study by LinkedIn. Postings with titles containing terms such as “bitcoin,” “ethereum,” “blockchain” and “cryptocurrency” grew 395% in the U.S. from 2020 to 2021, according to the study. That was significantly higher than the…

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The crypto market saw a huge rise in the year 2021. Along with legitimate use, it’s also used for many illegitimate purposes. But now, according to a recent report by data analytics firm Chainalysis, the criminal usage of cryptocurrencies might drop around the world in 2022. The legitimate cryptocurrency usage will outgrow the illegitimate as

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