NFT Is More Popular Than Crypto for the First Time
Crypto

NFT Is More Popular Than Crypto for the First Time

There is a high demand for non-fungible tokens. Based on the Google trends data, the term “non-fungible tokens” is searched on google more than the term “crypto”. This significant rise shows digital collectibles’ adoption by mainstream people, especially with the transactions surpassing $10 billion in OpenSea, an online marketplace for NFT. The huge increase in…

Ripple Makes a Partnership with the Republic of Palau
Crypto

Ripple Makes a Partnership with the Republic of Palau

Ripple will be used for the country’s digital currency. The global adaption of XRP Ledger is boosted significantly on Tuesday after the Republic of Palau has partnered with San Francisco-based blockchain payments company Ripple for the country’s national digital currency.  The new collaboration with Ripple focuses on the strategy developments for cross-border payments. It will…

India May Classify Cryptocurrency Exchanges like e-Commerce Platforms
Crypto

India May Classify Cryptocurrency Exchanges like e-Commerce Platforms

Crypto exchanges might fall under the GST of the country One of the local media of India, Business Standard, reported that the government of the country may regulate the cryptocurrency industry. It is expected that the Indian government may label crypto exchanges as e-commerce platforms.  This expected regulation will put  Indian crypto exchanges under the…

Coinbase Crypto Trading Volumes Declined 29% for Q3
Crypto

Coinbase Crypto Trading Volumes Declined 29% for Q3

The net revenue of the Coinbase becomes $1.2 billion in the third quarter.  Yesterday, the cryptocurrency exchange platform Coinbase released its financials for the Q3 of 2021. While the third-quarter numbers reached $327 billion, the overall volume of crypto trading is decreased dramatically.  The net revenue of the company touched $1.2 billion. The figure shows…