Crypto Pulse #39 - El Salvador to launch BTC "volcano bonds". Thursday, 24th Nov 2022 | Powered by GenShards.
24 Nov 2022, 15:06
Crypto Pulse #39 - El Salvador to launch BTC "volcano bonds" 🌋
Thursday, 24th Nov 2022 | Powered by GenShards
🌎 Here's all you need to know about what's been up in the Web3-sphere lately
👉 Read the issue | 🐧 Read tweet thread |👇Read highlights below
⛰Macro Landscape
📌 El Salvador has introduced a bill to launch Bitcoin backed "volcano bonds" (source)
📌 Genesis has called in restructuring experts in its fight to avoid bankruptcy (source)
📌 US President Joe Biden and other heads of states from the Group of 20 (G20) are calling for international regulations on cryptocurrencies (source)
📈 Markets and Ecosystem
📌 A Coinbase survey shows that over the last 12 months, majority of investors have increased allocations to crypto (source)
📌 Litecoin saw sustained buying pressure amounting to around $1 billion as it bucked the overall bearish market trend (source)
📌 CoinMarketCap has launched a "proof of reserves" tracker which would help audit crypto exchanges for transparency on their liquidity (source)
🀄️ NFTs, Metaverse & Gaming
📌 Even in the wake of the FTX collapse, the crypto industry is expressing confidence in the NFT space (source)
📌 Magic Eden has improved its capacity to collaborate with gaming projects on Polygon by adding support for NFT trading on the blockchain (source)
📌 A debate is ensuing regarding AI generated NFT art - and it's getting messy (source)
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Next issue drops coming Tuesday - stay tuned ! 📺
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