THE DAILY ENCRYPT

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NFTs In A Nutshell: A Weekly Review

NFTs continue to make a splash with brands, music and entertainment, and other verticals. However, the excitement surrounding the NFT environment has cooled a bit relative to last month. Like most markets, we see cooler periods where the action is slower-moving and less substantial, and we may be entering (or into) that period. We saw

Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter

Ethereum blockchain co-founder and prominent leader in cryptocurrency Vitalik Buterin said that investors might be experiencing a “crypto winter,” but it’s not all bad news for them. He went on to say this could lead up into another digital asset universe as prices are currently low enough, which would give opportunities with significant gains potential …

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Fed Bans Senior Officials From Cryptocurrency Investing

The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of all impermissible holdings,” said the Federal Open Market Committee. Senior Federal Reserve Officials Prohibited From Investing in Cryptocurrency The Federal Open Market Committee

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Bitcoin Falls As Russia-Ukraine Tensions Escalate

With the recent increase of volatility in both stocks and cryptocurrencies, many investors are turning towards more stable assets such as gold. Cryptocurrencies showed no signs of slowing down as the week progressed with geopolitical tension, with Bitcoin briefly dipping below $40,000 for the first time in two weeks. Ether declined 5%, Dogecoin 4.5%, and …

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