Crypto Trends Weekly Jan. 15 – 21

    Breaking crypto news from the last week (Jan. 15 – 21, 2022): Jan. 15: Arab Bank Switzerland, the Geneva-based affiliate of Middle Eastern lender Arab Bank PLC, has extended its crypto offerings focused on wealthy investors. It includes ten major decentralized finance (DeFi) tokens, such as AAVE, COMP, UNI, and more. Jan. 16: American retail…

    NFT-2022: What to expect from a brand-new industry? Part 4

    NFT is a huge branch of the blockchain economy that essentially formed before our eyes in 2021. And while few people knew what “non-fungible tokens” even were a year ago, by the end of the year, the most prominent corporations were already integrating NFT solutions into their products, and the market volume amounted to tens…

    Twitter launches NFT profile picture feature for paid users

    Twitter has launched its long-anticipated NFT profile picture feature for Twitter Blue subscribers. It allows iOS users to link their crypto wallets to Twitter and display their NFTs in a hexagonally-shaped profile picture as proof of authenticity. On Thursday, Twitter announced the launch of its NFT profile picture feature for Twitter Blue users, a paid…

    Huobi predictions for 2022: Bitcoin bear market, DeFi and DAOs rise

    The exchange Huobi has predicted a bear market in 2022 for Bitcoin as central banks tighten their monetary policies and the market sees a liquidity crunch. On the other side, DeFi and cross-chain interoperability will continue to expand and adapt, with DAO governance eventually becoming a significant driver of activity. Another major entity in the…

    Dubai’s crypto PR agency Luna PR partners up with LUDO

    Dubai-based Luna PR, an award-winning crypto PR and marketing agency, will be helping NFT data aggregator LUDO with digital marketing and PR. They also have to prepare Ludo products and tokens’ launches in 2022. Ludo partnering up with Luna PR, aims to reduce frictions in the metaverse and NFT industries with their search engine and…

    NFT-2022: What to expect from a brand-new industry? Part 3

    NFT is a huge branch of the blockchain economy that essentially formed before our eyes in 2021. And while few people knew what “non-fungible tokens” even were a year ago, by the end of the year, the most prominent corporations were already integrating NFT solutions into their products, and the market volume amounted to tens…

    Russian Central Bank proposes a blanket ban on crypto usage and mining

    Russia’s central bank (CBR) proposed banning the use and mining of cryptocurrencies in Russia, citing threats to financial stability, citizens’ wellbeing, and its monetary policy sovereignty. The central bank’s hard line against crypto reportedly dovetails with the position of Russian security services. In a report published on Thursday, the central bank said speculative demand primarily…

    Friday’s crash wipes out over $1 trillion off the crypto market

    Bitcoin lost as much as 8.7% Friday and dropped below $38,000 to its lowest level in 6 months. After the Federal Reserve signals its intention to withdraw stimulus from the market, riskier assets like cryptocurrencies have suffered. Since its peak in November, the largest digital asset has lost 40% of its value. Other cryptocurrencies have…

    Visa survey: 25% of small businesses plan to accept crypto payments in 2022

    According to a survey of the payment giant Visa, almost 25% of small business owners across 9 countries, including Brazil, Singapore, UAE, and Hong Kong, said they intend to embrace digital currencies as a form of payment in 2022. Also, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in…

    Arab Bank Switzerland is offering clients access to DeFi tokens

    Arab Bank Switzerland, the Geneva-based affiliate of Middle Eastern lender Arab Bank PLC, has extended its crypto offerings focused on wealthy investors. It includes ten major decentralized finance (DeFi) tokens, such as AAVE, COMP, UNI, and more. Arab Bank Switzerland began offering crypto custody and brokerage of Bitcoin and Ether back in 2019. Recently, CoinDesk…