Crypto Ping Pong Digest #25

What is UP people? Looks like you can't get enough of our Ping Pong TradeCrypto.Com Digest, and you really have to came back for more! Here goes >>

Let's DIGEST the land of crypto together today!

What is UP people? Looks like you can't get enough of our Ping Pong TradeCrypto.Com Digest, and you really have to came back for more! Here goes >>

Market is down. BTC is now trading above $38,000, ETH is trading around $2,800.

💪 Bitcoin dominance: 41.77%

📉 Total Cryptocurrency Market Cap: $1,828 tr

😲 Fear and greed index: 21 (Extreme fear)

🚀 Gainers(Top-100)

0x (ZRX) +11.34%

ApeCoin (APE) +3.74%

Pax Dollar (USDP) +0.27%

😭 Losers(Top-100)

NEAR Protocol (NEAR) -11.75%

The Graph (GRT) -10.06%

Monero (XMR) -9.89%

Meta is opening a metaverse-inspired brick-and-mortar store

Meta, formerly known as Facebook, is opening its first 🛍️real-life store🛍️ to sell VR and AR devices.

The store, which opens on May 9, will be located on Meta Burlingame campus. It’s also where Reality Labs, a division of the company focusing on the metaverse, is located.

Binance launched cryptocurrencies for Ukrainian refugees with payments of 225 BUSD

The Binance exchange🏛️ has launched the Refugee Card, which is designed to help refugees who have left Ukraine for EU countries. You can get both virtual and physical card.

It may be applied to all Binance users, who are in the EU countries and have the Ukrainian KYC level plus. Also it is necessary to connect the European phone number 📲 to the account on the exchange.

0x Labs Raises $70M in Series B Round Led by Greylock

0x Labs, the company behind 0x, an open-source decentralized exchange (DEX) protocol, revealed that it’s raised $70 million💰💰💰 in a Series B funding round.

The news comes on the heels of last week’s announcement that America’s largest crypto exchange, Coinbase, had chosen 0x to power its just-debuted social NFT marketplace. 

Liverpool FC Mull Bid to Ditch TradFi for Crypto Firm in Shirt Sponsorship Deal

⚽⚽⚽Liverpool FC has reportedly held talks with at least two crypto-related firms, thought to be a major international exchange player and a blockchain operator, over a deal that could see a crypto firm’s name on the front of its first team shirts from next year.

New York State Assembly passes ban on new BTC mines that don't use green power

The New York State Assembly passed a bill late that would place a two-year 🛑ban🛑 on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a carbon based fuel to power their operations.

The bill sponsored by Anna Kelles would not only impose a two-year hold on approval of any new Bitcoin mines, the proposed moratorium would also prevent the renewal of permits issued to existing PoW cryptocurrency miners using carbon sourced energy if they seek to increase the amount of electricity consumed.

Fidelity Pension Plan Will Allow Employees to Invest in Bitcoin

Fidelity Investments, the United States’ biggest provider of 401(k) pension plans, will let participants choose to keep money🤑🤑🤑 in bitcoin (BTC), but only if their employers let them.

401(k) plans are employer-sponsored defined-contribution pension accounts, and Fidelity, per 2020 figures compiled by the researcher Cerulli Associates, has USD 2.4 trillion locked into 401(k) accounts. That figure, the New York Times pointed out, represents over a third of the domestic market.

Bitcoin Is Struggling to Take Off in El Salvador

Bitcoin is struggling in El Salvador, the first country to make the asset legal tender, according to a ​new report. A survey conducted by the National Bureau of Economic Research concludes that, despite El Salvador's Bitcoin Law, not many people🤷‍♂️🤷‍♂️🤷‍♂️ in the country are using the cryptocurrency.

Thank you all for being here, we shall see you again on the morrow with more crypto funsies by Svyatoslav, Maksym, and Nina.

Let us know how you would rate today's digest:😍 Loved it🤨 Could have been better🤮 Better luck next time

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.