Daily Crypto News

Daily Crypto News- Grayscale Digital Large Cap Fund Obtains SEC Approval

The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market. Bids for SNX/USD achieved an intraday high of $13.76 during the Asia-Pacific trading session, following an approximately 25% price rally that started Sunday.

Power Ledger migrates from Ethereum blockchain to Solana despite upgrades

The Power Ledger decision comes even as the Ethereum blockchain undergoes improvements to make the network better. The Power Ledger blockchain offers a platform for auditing and streamlining the buying and selling of renewable energy. Power Ledger acknowledged it was attracted to Solana’s means of achieving scalability through POH as a timing mechanism that in return supports short block times of 400 milliseconds.

Bitcoin Rewards Is Becoming A Hot New Trend In Banking

The price of a single Bitcoin maybe around half of what it was just a few months ago, but that doesn’t mean crypto has run its course. The reality is, cryptocurrency has always been volatile in general, and Bitcoin has still shown an upward trend since inception, albeit with plenty of bumps along the road. Many experts still project that Bitcoin will surpass $200,000 or more in value in the near term.

Polygon and Community Gaming Partner to Provide Scalable Esports Tournaments

Gaming developers employing the services of Community Gaming will be able to take advantage of enhanced scalability through a new collaboration with the popular blockchain-based Layer 2 protocol – Polygon. The first two tournaments to use Polygon’s blockchain were Gods Unchained and Axie Infinity, which saw a massive popularity boost in the past few months, as reported.

Grayscale Digital Large Cap Fund Obtains SEC Approval

Grayscale has received regulatory approval to reduce the lock-up period of its Digital Large Cap Fund. American digital assets giant Grayscale has obtained approval to become an SEC-reporting company for its Digital Large Cap Fund, composed of Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ethereum Classic.

Will Crypto Adapt To Regulation , or Will Regulation Adapt Crypto? Expert respond 

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USDC Sees Native Launch on Avalanche

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Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
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