Crypto Espresso: Your quick shot of the latest crypto moves and news
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Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform.
Bitcoin is down 6.6%, nearing US$40k, its biggest drop in four weeks. Therefore Ethereum is down, Litecoin, Doge. It’s Red Friday. Might be time to buy. Or hold. Or do nothing. We’re not your financial advisors. And this is not financial advice.
So, it looks like the metaverse is going to be a thing, ultimately. Even the New York Stock Exchange is lodging crypto patents. XYO is setting up base in Singapore, the people want crypto payments, and Internet Computer is breaking blockchain records, but its speeds are not being matched by its price.
AMP is demonstrating volatile traits, TRON shifts to DAO, and Fantom gives Ethereum a run for its money.
TGIF, yo, let’s do this.
Singapore is set to be the centre of XYO’s Asian operation. An exclusive interview with Markus Levin, the co-founder of XYO.
With a sharp rise in the market capitalisation of cryptocurrencies, a new survey by cryptocurrency exchange Crypto.com and payment processing firm Worldpay has found a similar increase in merchants and customers wanting to transact in cryptocurrencies.
The New York Stock Exchange is prepping for life in the metaverse, having recently applied for four trademarks related to trading a wide variety of digital assets, from crypto tokens, utility tokens and non-fungible tokens (NFTs) in a virtual or augmented reality, according to records filed with the US Patent and Trademark Office.
Dfinity Foundation, the organisation behind the Internet Computer (ICP) blockchain and token, tweeted on 16 February that it had surpassed 31.91 blocks per second, a metric that “speaks to the speed of the Internet Computer”.
AMP, the token of the Flexa collateralised asset transfer network, continues to show sharply volatile traits with a price chart punctuated by sharp rises and quick falls.
Blockchain networks form a core of the emerging decentralised third-generation internet (Web3). As part of that transition, the TRON blockchain has made the shift to a decentralised autonomous organisation model.
If recent transactions are anything to go by, investors have been drawn to Fantom seeing it as a potentially a faster, cheaper alternative to Ethereum.
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