Crypto Ping Pong Digest #21

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Your Favorite Crypto Digest From TradeCrypto.com

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Market is flat. BTC is now trading above $41,000, ETH is trading around $3,000.

💪 Bitcoin dominance: 41.87%

📉 Total Cryptocurrency Market Cap: $1,892 tr

😲 Fear and greed index: 27 (Fear)

🚀 Gainers(Top-100)

0x (ZRX) +45.71%

Kava (KAVA) +15.05%

Zilliqa (ZIL) +11.88%

😭 Losers(Top-100)

STEPN (GMT) -8.31%

Waves (WAVES) -6.59%

ApeCoin (APE) -5.39%

US Government Sanctions Russian Bitcoin Miner

The U.S. government today sanctioned a Russian 🔋Bitcoin miner🔋, with the Treasury Department's Office of Foreign Asset Control putting Moscow-based BitRiver on its Specially Designated Nationals list.

It’s the first time the U.S. has sanctioned a cryptocurrency mining company🔋🔋🔋. The sanctions are aimed at harming President Vladimir Putin and his allies in the wake of Russia’s invasion of Ukraine.

Economists consider “dead” agreement with the IMF and Bitcoin Bonds

The negotiation with the Fund is practically dead☠️☠️☠️, it would have to be revived and the issuance of volcano bonds is another issue that is complicating the president," said the former president of the Central Reserve Bank, Carlos Acevedo.

Investors Poured $2.5B Into Crypto Games in Q1 2022: Report

A new report by DappRadar and the Blockchain Game Alliance (BGA)🎮 suggests that 2022 will be a benchmark year for crypto games developers.

The report reveals that $2.5 billion in investments was raised in Q1 alone this year, adding that developers could see this figure 🎈balloon🎈 to $10 billion by the end of the year.

Binance.US Receives Money Transmitter License in Puerto Rico

Binance.US is pleased to announce that it has received its Money Transmitter License📃 from the Puerto Rico Office of the Commissioner of Financial Institutions.

The receipt of Binance.US’ Money Transmitter License 📃in Puerto Rico comes on the heels of the company’s first external funding round, in which it raised over $200 million from a diverse group of investors at a pre-money valuation of $4.5 billion.

German banking giant Commerzbank applies for crypto license

One of the largest banking institutions in Germany has confirmed it applied for a local crypto license earlier this year, marking the first time a 🏦🏦🏦major bank has made a move toward cryptocurrencies in the country.

Commerzbank serves over 18 million customers and over 70,000 institutional clients, and the cryptocurrency offering will reportedly target its institutional client base.

Tesla’s Bitcoin Holdings Unchanged in Q1

The value of Tesla’s (TSLA) bitcoin holdings remained unchanged at 💰$1.26 billion for the second straight quarter, the electric car maker said in its quarterly earnings report on Wednesday.

In both the first quarter and last year’s fourth quarter, Tesla did not buy or sell any bitcoin (BTC), nor did it record any impairments to the value of its holdings because the price of bitcoin was essentially flat from the end of the previous quarter to the subsequent one.

Thanks for hanging out! See you tomorrow :)

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What is Crypto Ping Pong digest?

So all the TC lads here are working quite hard and from time to time we gotta chill.

That’s why we got ourselves a ping pong table to complete our lazy-bag-stuffed chill zone. As you all know our main hobby is Crypto, so even while we play we don’t really shut up about it. Ever.

During the game, we have a rule not to discuss serious topics like analytics, predictions, etc.

So memes, leaks, gossips naturally come about – we collect them and share them with you in this interstellar space on our site we like to call Crypto Ping Pong digest.