Bitcoin News and Finance: What You Need to Know

At the Avalanche Summit in Barcelona, the Canadian musician and record producer Grimes announced she plans to launch an “intergalactic children’s metaverse book.” Grimes’ children’s metaverse book project is part of a $100 million initiative started by the Avalanche Foundation and the non-fungible token (NFT) launchpad OP3N. Grimes Partners With OP3N to Launch ‘a Series of Educational Art for Babies and Small Children’ on Avalanche On March 22-27th, at the Avalanche Summit at Poble Espanyol in Barcelona, the NFT launchpad OP3N and the Avalanche Foundation announced a $100 million initiative dedicated to Web3 entertainment called Culture Catalyst. Ava Labs president John Wu said that Culture Catalyst will bolster Web3 entertainment apps on the Avalanche network. “The Avalanche Foundation’s Culture Catalyst Initiative with OP3N marks a watershed moment for entertainment and pop culture applications on Avalanche,” Wu explained. “Users can expect the already robust Avalanche NFT scene...

PRESS RELEASE. Finally, Rigel Protocol is ready to join the NFTs Buzz with its first NFTs Collections for each unique DApp on the platform ( SmartSwap , GiftDApp and LaunchPad ). NFTs would be available for purchase at the Rigel Protocol NFT Marketplace or will be claimable on Rigel Protocol DApps after NFTs Sales are completed. All you need to know about Our NFTs Collections The Rigel Protocol Collections will be unlike most NFTs we see ongoing in the Defi ecosystem. As NFTs are not going to be just minted and worthless images put out there for you to hold, whilst just keeping them shining in your wallets. The Rigel Protocol NFTs are going to be backed by Proof of work with massive use cases built around them, thus giving them notable value. The NFT Launch will start off with the main NFTs versions on the SmartSwap , GiftDApp and LaunchPad applications on both Binance Smart Chain and the Polygon Networks as preferred by our active community. SmartSwap NFT Collection First N...

Israel’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of its digital investment platform to trade cryptocurrencies. “The service will allow Pepper Invest customers to buy, hold, and sell cryptocurrencies.” Major Israeli Bank Launching Crypto Trading Service Pepper Invest, the digital investment platform of Pepper by Leumi (TASE: LUMI), announced Friday the upcoming launch of its cryptocurrency trading service. “Pepper will be the first banking platform in Israel … to allow its customers to trade cryptocurrencies, in an attractive pricing model,” the announcement details, adding that the service will also become accessible to other Bank Leumi customers in the near future. The new service is a collaboration between Leumi Group and Paxos, a regulated U.S. blockchain infrastructure platform. The announcement adds that upon completion of the regulatory approvals required: The service will allow Pepper Invest customers to buy, hold and s...

Bitcoin and ethereum began the weekend trading close to key resistance levels, as crypto markets continued to sustain recent gains. Overall, the global cryptocurrency market cap was marginally higher on Saturday, as traders prepared for this weekend’s session. Bitcoin BTC is currently trading 6% higher than at the beginning of the week, this coming as prices rallied to multi-week highs. On Saturday, BTC /USD hovered marginally below its resistance of $45,050, as prices rose to an intraday high of $44,999.49. Following four consecutive days of gains, today’s consolidation sees bulls identifying the current area of uncertainty, and wondering whether to sustain pressure or secure earlier gains. BTC has not truly traded above the current resistance level since December 29, when prices were falling from a then high of $52,198. Looking at the chart, the 14-day RSI indicator has marginally moved beyond its own resistance of 62.10, which is a slight positive for bulls. However, the p...

A new cryptocurrency-related survey presented by Sherlock Communications highlights the growth that Latam countries are expected to experience this year, due to the particular traits the region has compared to other areas of the world. The results of the survey make projections that see crypto adoption growing by triple digits in some countries like Argentina and Brazil. Survey Indicates Crypto Will Thrive in Latam This Year A new survey commissioned by Sherlock Communications presents a very healthy panorama for the future of cryptocurrencies in Latin America. The report prepared by the PR company indicates that countries like Argentina and Brazil will experience big gains when it comes to cryptocurrency adoption. For example, in Argentina, the number of people buying cryptocurrencies is expected to more than triple, going from 5.55% to 18.4%, growing by 235%. But this is not just limited to Argentina. The optimistic projection is replicated in all countries of the region. Arge...

Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E) experiences to build its own Web3 offerings. Krafton Chooses Solana to Build Its Web3 Games Krafton, one of the biggest Korean game development companies, has proceeded with yet another stage in its recent pivot to blockchain gaming. The creators of the successful multiplayer game PUBG have announced a new partnership with Solana Labs, the developers and maintainers of the Solana blockchain, to power its own tailored Web3 experiences. The deal between Krafton and Solana Labs involves a “long-term cooperative relationship for the development and operation of blockchain- and NFT-based games and services.” This means that the two companies have agreed to cooperate in the establishment of joint busi...