Daily Crypto Digest - What is yummy in crypto now?

Hey there, hungry crypto savages! What are you up to today? Let's dive into today's cryptoverse together ☠️

Top Insights 🔥🔥🔥

On the bull market BTC pinned above 47,000$. ETH trades 3,400$.

💪 Bitcoin dominance: 42.74%

📉 Total Cryptocurrency Market Cap: $2,155 tr

😲 Fear and greed index: 56 (greed)

🚀 Gainers(Top-100)

THORChain (RUNE) +8.9%

KuCoin Token (KCS) +8.1%

Arweave (AR) +7.3%

😭 Losers(Top-100)

EOS (EOS) -5.9%

Zcash (ZEC) -3.5%

OKB (OKB) -3.2%

FTX — now available via ⚡️ TradingView ⚡️

Integration of partners like FTX have long been roadmapped for TradingView, as both companies share the philosophy around efficient markets and reduced friction in investing.

The ability for traders to access markets globally from the comfort of their favourite charts is simply a no brainer for the industry overall. Investors will benefit from a consolidated workflow and look forward to seeing a more interconnected future play out in real-time.

Elon Musk says he’s considering building a new social media platform 🙀🙀🙀

Elon Musk said he is giving “serious thought” to building a new social media platform in a Tweet on Saturday. He did not share any specifics on what the hypothetical social media platform would look like or how it would work.

The Tesla and SpaceX billionaire made the remark after claiming that Twitter doesn’t allow for free speech.

Japan to revise foreign exchange law to end crypto loophole for #SanctionsOnRussia

Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow's invasion of Ukraine through cryptocurrency assets, top government officials said on Monday.

The government will submit a revision of the Foreign Exchange and Foreign Trade Act to the current parliament session to strengthen protections against potential sanction-busting by Russia through digital assets, Chief Cabinet Secretary Hirokazu Matsuno said in a press conference.

Why DeFi Isn't As Anonymous As You Think, But Definitely Becoming More Private As Web3 Evolves

Despite the hype, a lack of privacy has emerged as one of the biggest #challenges for the evolving DeFi sector.

By design, blockchain records all transactions on distributed ledgers. These records are immutable and can be accessed by anyone.

While most of the user’s details remain private, it is still possible to identify transactions and trace them back to users, implying that DeFi isn’t quite as anonymous as previously thought.

Are we ever really safe? 🥸🥸🥸

Deutsche Bank: Instagram’s NFT Efforts Could Lead to Mainstream Adoption

From Twitter’s move to verify NFTs on user profiles, to YouTube execs’ mentions of integration of crypto assets on its platform — companies have made advances to push the blockchain-based collectables into the limelight over the past year.

Instagram, however, may finally take non-fungible tokens (NFT) mainstream with its forthcoming integration, Deutsche Bank said in a research report published Sunday, cited by Coindesk.

Biden Eyes $5 Billion in 2023 Revenue From Applying New Tax Reporting Rules to Crypto

U.S. President Joe Biden today submitted his budget proposal for the 2023 fiscal year in conjunction with the U.S. Treasury Department's revenue explanations 🤑🤑🤑

By the administration's estimate, the U.S. can gather roughly $11 billion in revenue over 10 years—and nearly $5 billion next year alone.

Nifty News: Luxury brands join Decentraland‘s Metaverse Fashion Week

Decentraland hosted the Metaverse Fashion Week, or #MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels and housed shopping experiences.

A lineup of both legacy luxury labels and digital brands participated including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder and Elie Saab.

NFT Gaming — Alternative Income Streams

NFTs have countless utilities, but one of the most popular ones is unquestionably NFT Gaming. 👾👾👾

This disruptive concept is actually quite simple at its core: some, if not all in-game items, characters, and anything in between that players can own are turned into NFTs.

This means that securing these assets actually gives players ownership of them outside the game, too.

This was all from us for today 🙂

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.