breaking news this december get instant daily breaking news

The Paraguayan Senate has decided to reject the total veto that President Mario Abdo exerted over a proposed cryptocurrency bill on September 2. The Senate defended the initiative, stating that passing the bill would benefit the country due to its effect on tracking the energy consumption of crypto miners and the income that mining taxes would bring to the state. Paraguayan Senate Affirms Cryptocurrency Bill Approval The Paraguayan Senate is ready to fight against the president when it comes to the passing of the recently approved cryptocurrency bill. President Mario Abdo exerted a complete veto action on this initiative earlier this month, but the Senate has reaffirmed its support for the sanction of this bill in a new discussion, rejecting the action. Senators argued that there are several decisions in the bill that would bring benefits to the state and the cryptocurrency industry, including crypto miners. Senator Enrique Salyn Buzarquis vowed in support of the sanction of the b

According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech and Communications ETF — will track metaverse firms with exposure to virtual reality, non-fungible tokens (NFTs), augmented reality, and game-centric finance (gamefi) applications. ETF Filing Shows Blackrock Plans to Launch a Metaverse Exchange-Traded Fund The world’s largest asset manager by assets under management (AUM), Blackrock, has been investing more energy into the digital asset and blockchain space in recent times. On Friday, Bloomberg’s Katherine Greifeld and Vildana Hajric first reported on the U.S. Securities and Exchange Commission (SEC) filing for Blackrock’s new ETF called the Ishares Future Metaverse Tech and Communications ETF. The news follows the recent launch of the Ishares Blockchain Tech

PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 30, 2022 – Global crypto exchange, LBank , released a long-awaited brand-update video on their official youtube channel , giving detailed information about recent updates and plans for the coming years. A diversity video was also released accompanying the brand reveal. This will mark a campaign around the brand upgrade that will continue for the next 2 months. The 22-minute video went throught a variety of questions. LBank’s Co-founder Johnason Chen, COO Shantnoo Saxena, CMO Kaia Wang, and head of marketing MENA Abhinav Mehta appeared in the video, covering topics in their respective areas. LBank has been teasing on their social media platform about the awaited logo update for some weeks before finally officially announcing the video release. The video also revealed that the logo change and all-around style update will be made gradually in the coming months. The biggest notable change to LBank’s new logo is the distinct design in the l

Following the Covid-19 pandemic, the massive amount of stimulus, and amid the Ukraine-Russia war, Germany’s inflation has soared. Official data from Germany’s consumer price index (CPI) indicates that inflation jumped to a 10.9% annual pace in September and it’s the first time since the end of World War II that Germany has dealt with double-digit inflation. German Inflation Skyrockets Tapping Double-Digits in September All across the world, inflation rates have risen a great deal. Many economists believe that the energy crisis in Europe that is tied to the Ukraine-Russia war is one of the main reasons. However, similar to the United States, the U.K. and Europe deployed massive amounts of stimulus packages in order to shore up the economy amid the Covid-19 pandemic. Germany enacted a vast number of stimulus packages in order to fend off the economic fallout from government-enforced business shutdowns and lockdowns. On Thursday, Germany’s official CPI data shows the country’s inflat

Xrp was up by nearly 10% on Friday, as the token moved closer to a recent four-month high. The move comes as consumer sentiment data in the United States came in at 58.6, which is higher than August’s reading of 58.2. UNUS SED LEO was also in the green, climbing by as much as 12% in today’s session. XRP XRP was up by over 10% in today’s session, as prices moved closer towards a multi-month high. Following a low of $0.4285 on Thursday, XRP /USD rallied to an intraday peak of $0.503 earlier in the day. The move saw the token formerly known as ripple near last week’s high of $0.558, which was the strongest point since May. As can be seen from the chart, earlier gains have somewhat eased, as the relative strength index (RSI) collided with a ceiling. The index is currently tracking at 63.81, which is marginally lower than the aforementioned resistance point of 65.00. Should XRP bulls attempt to recapture last week’s high, then a breakout of the RSI ceiling will need to take place.

As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache. 15 days prior to the objections, the crypto lender filed paperwork that said Celsius was looking to access $23 million in stablecoin reserves. State Securities Officials Step Into the Celsius Bankruptcy Battle State securities regulators have been very busy with cryptocurrency cases in recent times. On September 29, the Texas State Securities Board (TSSB) filed an objection against a recently filed motion by Celsius. The motion was Celsius’ plan to sell $23 million in stablecoins as the company petitioned the court on September 15 to gain access to the stash. “The debtors fail to disclose in the motion how [many stablecoins] will

Bitcoin continued to trade below $20,000 on Friday, as market sentiment remained mostly unchanged heading into the weekend. The world’s largest cryptocurrency attempted to climb towards this milestone, but declined as it encountered a hurdle on the relative strength index (RSI). Ethereum was also largely unchanged, as markets prepared for the release of U.S. consumer data. Bitcoin Bitcoin ( BTC ) prices continued to consolidate on Friday, as market sentiment remained largely unchanged heading to the weekend. The token continued to climb towards $20,000 in today’s session, hitting a peak of $19,632.98 in the process. Today’s turbulence comes ahead of the latest U.S. consumer sentiment report, which is expected to show an increase in confidence. Looking at the chart, BTC /USD has also stalled after hitting a ceiling on the 14-day relative strength index (RSI). As of writing, the index is tracking at 46.45, as price strength continues to fall away from its recent ceiling of 49.00.

Workers and executives in Latam are open to trying metaverse tools in conjunction with their traditional work, according to a study commissioned by Ciena, a software, networks, and services company. The study, which surveyed 15,000 business workers from all around the world, found that there is optimism about the implementation of these technologies. Latam Office Workers Consider Metaverse-Based Tools Useful After the Covid-19 pandemic, more and more companies have changed their working requirements, with the rise of remote work being a consequence of this. According to a recent study presented by Ciena, a networks software company, Latam office workers are especially open to including these technologies at work. The study, which surveyed 15,000 business professionals in 15 different regions including Colombia, Brazil, and Mexico, found that almost 60% would consider working from a virtual metaverse platform. In the same way, more than 50% believe that collaboration is achieved in

The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of the Bank for International Settlements. Asian Central Banks Pilot Real-Value International Settlements With Digital Currencies The monetary policy regulators of China, Hong Kong, Thailand, and the United Arab Emirates have conducted a trial of cross-border payments with digital currencies issued by them. The successful completion of the pilot was announced by the Bank for International Settlement (BIS) Innovation Hub Hong Kong Centre. The tests, which took place between Aug. 15 and Sept. 23, covered real-value transactions. They were processed through a distributed ledger platform called Mbridge, a payment project initiated by the Hong Kong Monetary Authority, Bank of Thailand, and the BIS In

PRESS RELEASE. GensoKishi Online is excited to announce that on September 29th, 2022 10AM(UTC), their in-game token ROND will be listed on Bybit, a leading crypto asset exchange. GensoKishi, the web3 sequel to the award-winning Nintendo Switch/PS4 game “Elemental Knights”, has undoubtedly become the most anticipated GameFi title to have originated from Japan. Now, GensoKishi will rebrand as “Genso”, the No. 1 metaverse from Japan . “From the gaming world to the metaverse!” Genso has all the factors necessary to become Japan’s number one Metaverse: The game has been running for 14 years and already boasts a robust community and user base. It has always been a 3DMMORPG with a fully-functioning 3D metaverse already that has accumulated over 8 million downloads worldwide via iOS, Android, Nintendo Switch, and PS4. The development company has been in the sector for over 20 years and has connections with Japanese IPs. “The most LOVED game in Japan will become Japan’s No.1 metaver

While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium revealed it raised $11.9 million, according to a September 19 Securities and Exchange Commission (SEC) Form D filing. Rhodium further disclosed a merger with Silversun Technologies on September 29. Two days ago, Merkle Standard held a ribbon-cutting ceremony as it opened a new mining facility in Spartanburg, South Carolina. Rhodium Raises $11.9M, Reveals Merger With Silversun Technologies A recently filed SEC Form D registration explains that Rhodium Enterprises, Inc. raised $11.9 million this month, according to a notice of an exempt offering of securities filing published on September 19, 2022. Ten days later, Rhodium and Silversun Technologies detailed the two companies will be merging. The

Solana rose for a second straight day on Thursday, as the token moved closer to its long-term resistance point of $35.00. Monero was also in the green during today’s session, extending recent gains in the process. Overall, markets attempted to rebound, following a red wave which swept through markets to start the week. Solana (SOL) Solana (SOL) was mostly higher during Thursday’s session, as the token moved towards a key resistance level. Following a low of $32.79 on Wednesday, SOL/USD rose to an intraday high of $33.92 earlier in the day. The move saw solana move closer to its ceiling of $35.00, which has mostly held firm for the past fortnight. As can be seen from the chart, today’s climb led to the 10-day (red) moving average nearing a crossover with its 25-day (blue) counterpart. Despite the prospect of this occurring, prices may remain lower up until the 14-day relative strength index (RSI) breakout out of an upcoming ceiling of its own. The index, which is currently track

Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank detailed that it interfered in forex markets in order to defend the Hong Kong dollar (HKD) as it showed signs of weakness against the greenback on September 28. HKMA Interferes in Forex Markets to Defend the HKD From Capital Flight to USD Assets While the euro and pound sterling lost 12-17% against the U.S. dollar during the last six months, there’s been a significant amount of capital flight to the greenback. The Hong Kong dollar (HKD) , however, has fared better than a myriad of fiat currencies worldwide against the U.S. dollar. On Wednesday, September 28, reports detail that a “flight of capital from the Hong Kong dollar market” pushed the HKMA to step in and defend the HKD in forex markets. Sou

Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s session, with ethereum also rebounding following recent losses. As of writing, the global crypto market cap is up 2.43% Bitcoin Bitcoin ( BTC ) was trading higher on Thursday, as crypto markets marginally rebounded following yesterday’s sell-off. The token rose to an intraday high of $19,688.34 earlier in today’s session, less than a day after trading at a low of $18,927.12. Volatility in bitcoin has been heightened in recent weeks, as markets reacted to rising inflation, as well as a stronger U.S. Dollar. Looking at the chart, it appears that bulls are once again targeting a resistance point of $20,300, however they could face some obstacles in recapturing this point. The obstacles will likely come in the form of the 14-day relative strength index (RSI), which is nearing a resistance of its own at 49.50 Currently

Cryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto industry has recently marked the regions where Moscow is likely to authorize mining and the ones where it will probably ban the extraction of digital currencies. Expert Lists Russian Regions Most Suitable for Crypto Mining and Those Expecting Ban The Central Bank of Russia and the Ministry of Finance recently agreed on legislation designed to regulate the mining of cryptocurrency that should be adopted by the end of this year. Lawmakers working to finalize it have indicated that the industrial activity should be permitted only in parts of the vast country that can produce more electricity than they need. One of them, the Chairman of the parliamentary Financial Market Committee Anatoly Aksakov, also said that the energy-intensive process should be banned in other areas facing power sho

Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine war. Russian Federation Eyes Digital Ruble for Payments in Trade With China The Central Bank of Russia is gearing up to launch settlements with the digital ruble, the new incarnation of the Russian fiat currency that’s now being tested, as early as 2023. According to a statement by a prominent member of the lower house of Russian parliament, the sanctioned nation wants to use it in payments with China, which has become Russia’s main trading partner. Limited access to the global financial system due to financial restrictions introduced in response to its military invasion of Ukraine is forcing Russia to seek alternative means for foreign trade transactions. Alongside cryptocurrencies, the di

PRESS RELEASE. Finally, the moment has arrived. A dozen hours have gone into farming the materials needed for a brand-new mighty axe. The epic weapon crafted at the forge will take the player to unprecedented heights of power, but only for the player to discover it does not have any real value. This jarring feeling is all too familiar to gamers if they have spent hundreds of hours playing MMORPGs. Playing games takes time, effort, and sometimes even real money, but all that effort doesn’t change the gamers’ empty wallets. Instead, the gaming industry spends many resources on ensuring game items are worthless and circumventing that will result in RMT bans. In the game, Mirandus , however, not so much. Finally, an MMORPG where every item has value. The cache discovered by a player in the unexplorable glade has equipment not required for their gameplay? It is possible to put it up on the market for sale, so someone else can use it, and a lot more. The game brings a revolutionary era

TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development at TRON DAO. He recently joined the Bitcoin.com News Podcast to talk about the technology:   Dave joined the TRON DAO in January 2022 and has become a highly visible part of the team that drives global expansion as they identify key opportunities across the blockchain industry and ensure the TRON ecosystem is positioned to thrive. Involved in blockchain since 2016, Dave has provided strategic guidance for global payment companies and insurance companies, among others. He has led the successful development of multiple use cases in financial services, healthcare, and supply chain. He continually finds unique and creative ways to apply emerging technologies to enable corporations to achieve

Following the extremely volatile European markets during the past few days and the euro and pound dropping rapidly against the U.S. dollar, the Bank of England has decided to intervene in bond markets. U.K. government bond yields have been erratic and the pound sterling also dropped to a lifetime low against the greenback. On Wednesday, the Bank of England noted that it was monitoring the “significant repricing” of U.K. assets very closely. Bank of England Opens the Stimulus Flood Gates Again — Central Bank Intervenes in UK Bond Markets The Bank of England (BOE) disclosed on Wednesday that it will start temporarily buying long-dated bonds and suspend the quantitative tightening tactics the central bank recently deployed. Two days ago, the U.K.’s native fiat currency, the pound sterling, slid to an all-time low against the U.S. dollar, and during the early morning (ET) trading sessions on Wednesday, the pound plummeted to 1.0541 nominal U.S. dollars per unit. Yields on U.K. govern