South Korean KakaoBank considers Crypto Exchange Partnerships | Curated CoinCodeCap #4 May 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Pakistan Govt Establishes Panels to Determine the Future of the Cryptocurrency Industry
The federal government has formed three subcommittees to shape the fate of the cryptocurrency sector in the country. Keep Reading »
NFTGo Records the 2nd-Highest Transaction Record in ENS History
Last week was a wild ride for Ethereum with the launch of the BAYC Otherside land sale. According to the analysis of IntoTheBlock, the gas fee of ETH surged surpassing last month’s fee. The week also witnessed an all-time high $ETH burn which if considered annually shows an 18% supply reduction. Along with these numbers, the income of Ethereum miners also rose to an all-time high in a single day to 95,182 ETH. Keep Reading »
Dubai’s VARA becomes first Government Authority Debut in Metaverse
Dubai’s Virtual Assets Regulatory Authority (VARA) made headlines as it announced its foray into the Metaverse with the establishment of the Metaverse Headquarters(HQ) in the dynamic virtual world named ‘The Sandbox.’ VARA with this development as the world’s first regulator to make its Metaverse debut aims to ensure that the regulator is not only accessible to its industry in their environment but also facilitates and enables collaborative engagement between global Virtual Asset Service Providers/ VASPs, International Regulatory Authorities and Industry Thought-leaders. Keep Reading »
South Korean KakaoBank considers Crypto Exchange Partnerships
With the crypto industry expanding, financial institutions are also exploring the world of digital assets to accelerate their market share. On May 3, the CEO of Kakao Bank, Yoon Ho-young shared the goals of the institution during a conference call while discussing the business results in the first quarter of 2022. Keep Reading »
SEC Adds 20 Positions to the Crypto Assets and Cyber Unit, Cites Increasing Frauds
The Securities and Exchange Commission(SEC) announced on Tuesday (3rd May) that it would double the size of its cryptocurrency enforcement division, adding 20 additional positions to the Crypto Assets and Cyber Unit. The newly renamed Crypto Assets and Cyber Unit, formerly called the Cyber Unit in the Division of Enforcement, will grow to accommodate 50 dedicated positions. Keep Reading »
Market Updates
NEXO Price Analysis May 2022
NEXO is a token of the platform Nexo. Its current price is around $2.52 by writing, with a low of $1.05, and has a market cap of 1.4 billion dollars. Keep Reading »
ZRX Price Analysis April 2022
ZRX is a token of platform 0x. Its current price is around $0.8124 by writing, with a low of $0.4514, and has a market cap of 688 million dollars. Keep Reading »
KNC Price Analysis April 2022
KNC is a token of the platform Kyber Network. Its current price is around $4.60 by writing, with a low of $1.17, and it has a market cap of 818 million dollars. Keep Reading »
SHIB Price Analysis April 2022
SHIB is a token of the Shiba Inu platform. Based on the writing, its current price is around $0.00002573, with the lowest point being $0.00000026, and it has a total market cap of 14.1 billion dollars. Keep Reading »
Top 3 Crypto to Look Out in May 2022: APE, LUNA, XRP
The crypto market is at a very interesting point right now. With the recent developments and the news, it is hard to predict which coins will be on top in May. However, there are some other promising coins that we should look out for in May. Keep Reading »
Top 5 Penny Cryptocurrencies to buy in May 2022: VET, XLM, BAT, CHZ, ZIL
The penny cryptocurrencies are those that are priced under $1.00. It has much lower transaction fees than larger coins, meaning you can buy more coins with your budget. Further, they are less volatile than larger coins, meaning you have a better chance of long-term growth. Penny cryptocurrencies are often still undervalued, so they may be worth more in the future. Here we have the top penny cryptocurrency to buy in May 2022. Keep Reading »
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