Your Favorite Crypto Digest From TradeCrypto.com

Market is flat. BTC is now trading above $39,000, ETH is trading around $2,900.

💪 Bitcoin dominance: 42.16%

📉 Total Cryptocurrency Market Cap: $1,758 tr

😲 Fear and greed index: 23 (Extreme Fear)

🚀 Gainers(Top-100)

Nexo (NEXO) +17.83%

SKALE Network (SKL) +9.41%

ApeCoin (APE) +7.99%

😭 Losers(Top-100)

The Graph (GRT) -11.37%

STEPN (GMT) -11.28%

0x (ZRX) -10.99%

Aave founder Stani Kulechov's Twitter account suspended after CEO tweet

Twitter permanently banned😥😥😥 Aave founder Stani Kulechov's account after the social media giant failed to see the funny side of a tweet.

1inch Wallet is Now Integrated with Transak Fiat OnRamp

Transak, a single integration for applications to accept fiat-to-crypto deposits from a global user base, today announces its integration on the 👛1inch Wallet👛. This comes after the listing of the 1INCH token as a purchasable crypto currency earlier this month. Transak now has over 100 partners within its ecosystem providing API-driven fiat payment methods to on-ramp to 100+ crypto assets and abstracting away the complexity of user KYC, risk monitoring & compliance, payment methods and customer support.

Goldman Sachs (GS) said it is examining non-fungible tokens (NFT), particularly the "tokenization of real assets," as the 🏦investment bank🏦 dives deeper into the crypto space.

The metaverse, where real-world assets like real estate are bought and sold as NFTs, has been garnering the attention of big names in financial services and a range of other industries.

Telegram Users Can Now Send Crypto via the Messaging App

The Open Network (TON), a decentralized blockchain initially designed by Telegram📧, announced this week it is adding a bot that lets 📧Telegram’s📧 more than 550 million users send cryptocurrency to other users via chat. The initial rollout of the “wallet” bot will allow the sending and receiving of Toncoins, which the developers claim will come with no transaction fees.

Panama Passes Law to Regulate Bitcoin, Legally Recognize DAOs

The people of Panama may soon be able to buy their morning brew with Bitcoin: the country’s legislature just approved🗳️🗳️🗳️ a bill regulating the use of cryptocurrencies in the country.

Now, the bill just needs to be signed📜 by the country’s president before it comes into force. The “Crypto Law” states that it “regulates the trading and use of crypto-assets, the issuance of digital value, tokenization of precious metals and other assets, payment systems and other provisions.”

FTX’s Mercedes F1 Ethereum NFTs Come With a Piece of the Actual Car

Formula One’s inaugural Miami Grand Prix is set to take place next weekend, and given Miami’s rising crypto city status, it’s no surprise to hear that NFTs will be involved. In this case, the offering isn’t entirely digital—some NFTs come with a piece of a real F1 car too.

Today, cryptocurrency exchange FTX and F1 team 🚗🚗🚗Mercedes-AMG Petronas announced that they will release an array of NFT collectibles, both around the Miami Grand Prix and other races for the rest of the 2022 season. FTX and Mercedes-AMG Petronas initially revealed a long-term alliance last September.

Some Chinese citizens now appear to be paying their taxes🧾🧾🧾 in the digital yuan, with the pilot gathering pace in the nation’s fast-growing pilot area.

Number of government organs in Zhejiang province are trialing solutions that involve “the online transfer of digital yuan” to pay taxes, with the cities of Hangzhou, Shaoxing, and Jinhua launching digital CNY tax payment solutions.

Conclusion: As we can see, the 2022 trends that were bet on (such as meta universes and play 2 ern games) do not show a significant increase. In turn, the leaders are crypto wallets and NFT for today. Which were predicted to fall rapidly after the hype. It is worth noting how quickly fiat methods are being integrated into crypto wallets. Regulation is growing. Messengers are integrating web3 technologies. We've stopped hearing that nft is a scam and increasingly we're hearing that someone has already bought their first N.

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.