THE DAILY ENCRYPT

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The Nightly Mint: Daily NFT Recap

One of the biggest NFT projects might not be releasing a new mint, but they are releasing a new token. A new network has added NFT support. And the ‘doc’ is doubling down after a recent announcement. Just a daily dose of NFTs courtesy of your Nightly Mint. Let’s review. The Nightly Mint Latest Mint:

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TA: Ethereum Climbs to $2,800, Why Dips Could Be Attractive

Ethereum rallied above $2,700 against the US Dollar. ETH price is now consolidating near $2,800 and might start a short-term downside correction. Ethereum started a fresh increase above the $2,700 resistance level. The price is now trading above $2,700 and the 100 hourly simple moving average. There is a key bullish trend line forming with …

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India Thumbs Down Crypto, To Launch CBDC Instead

India is just not that into crypto these days. Or, perhaps, not yet. Nirmala Sitharaman, India’s finance minister, revealed last month that the Reserve Bank of India will deploy a digital rupee sometime in the fiscal year 2022-2023. India will become one of the largest economies to launch a central bank digital currency if the

Elliptic Identifies ‘Several Hundred Thousand Crypto Addresses’ Tied to Russia-Based Sanctioned Actors

As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms that aim to comply with international sanctions. On Monday, the CEO of Elliptic published a blog post describing the company’s work to combat sanction evasion.