OMG price outlook: OMG Network dips 15% amid profit taking
OMG price has fallen to lows of $1.85 after rejecting around $2.50. The 15% dip is likely due to profit taking, a scenario that threatens flipping momentum to the bears.…
CryptoWallet renews Virtual Asset Provider License after new Estonian legislation
Estonia’s Financial Investigation Unit (FIU) has introduced new crypto legislation. 90% of platforms are at risk of losing their license or being forced to relocate under the new laws. Among…
Magic price prediction: MAGIC poised for 25% gains as token goes live on Upbit Global
MAGIC price has jumped 35% in the past week and was up 7% on the day. The token is live on Upbit Global, a crypto exchange based in South Korea.…
Florida Governor Ron DeSantis seeks to ban CBDCs
Key takeaways Florida’s governor has proposed a legislature that would prohibit the use of CBDCs. The governor claims that the use of CBDCs would stifle innovations in Florida. President Biden’s…
Coinbase CTO bets Bitcoin to $1M in 90 days, but I’m not sure even he believes it
Key Takeaways Former Coinbase CTO Balaji Srinivasan bet an anonymous Twitter account $1 million that Bitcoin would trade at $1 million or greater in 90 days Srinivasan is predicting imminent…
Immutable X partners with Polygon Labs: IMX is down by 12%
Key takeaways Polygon Labs has partnered with Immutable X to launch the Immutable zkEVM. IMX is down by 12% today despite the strategic partnership announced between Polygon Labs and Immutable…
Solana price forms a rising wedge amid weak on-chain metrics
Solana crypto price has been in a recovery mode recently. Its DeFi total value locked (TVL) has dropped sharply. Solana NFT transactions have been in a downward trend. Solana price…
MetaMask partners MoonPay to enable direct crypto purchases in Nigeria
MetaMask and MoonPay have partnered to enable more Nigerians to buy crypto directly via instant bank transfers. About 12.4 million Nigerians own crypto, with the country the third largest MetaMask…
Polygon and Immutable partner to accelerate Web3 game development
Polygon Labs and Immutable are eyeing faster and seamless onboarding of Web3 game developers and users. The launch of a zkEVM powered platform for studios and developers is expected in…
Bitcoin is only 90 days away from hitting $1.0 million: Pro
Former Coinbase CTO says Bitcoin will hit $1.0 million by June 17th. Custodia Bank founder dubs BTC an insurance policy; a scarce asset. Bitcoin is currently trading well above its…