Your Favorite Crypto Digest From TradeCrypto.com

Market is flat. BTC is now trading around $29,000, ETH is trading above $2,000.

💪 Bitcoin dominance: 44.77%

📉 Total Cryptocurrency Market Cap: $1,259 tr

😲 Fear and greed index: 12 (Extreme Fear)

🚀 Gainers(Top-100)

Bitcoin Gold (BTG) +17.44%

Loopring Price (LRC) +7.45%

Tezos (XTZ) +4.49%

😭 Losers(Top-100)

TerraUSD (UST) -18.02%

Kyber Network Crystal v2 (KNC) -13.84%

Fantom (FTM) - 11.69%

GameStop Rolls Out MetaMask-like Ethereum Wallet to Support NFT Marketplace

American 🎮 video game retailer GameStop Corp (NYSE: GME) today launched its non-custodial, browser-based Ethereum wallet similar to MetaMask. The wallet would let users store, send, and receive cryptocurrencies and non-fungible tokens (NFTs) across various crypto apps. It will support NFT trading through the upcoming launch of GameStop's NFT marketplace in Q2 2022.

The wallet can be downloaded as a 🖱️ browser extension from the chrome web store.

Fantom Rallies 12% Amid Speculation of Andre Cronje Returning to DeFi

The price of Fantom (FTM), the token underpinning the eponymous blockchain network, 💥 surged by 12% over the past 24 hours, hitting a daily high of $0.502 in the early hours on Monday.

As data from CoinMarketCap shows, FTM is also up an 😮 impressive 45% over the last seven days, making it the top-performing cryptocurrency among the industry's top-100 largest assets.

European Central Bank Chief: Crypto Assets «Worth Nothing»

🤔🤔🤔 Appearing on the Dutch program “College Tour” last night, ECB chief Christine Lagarde stated flatly her belief that recent events have proven crypto assets to be worthless: “My very humble assessment is that it [crypto] is worth nothing. It’s based on nothing. There is no underlying asset to act as an anchor of safety.”

To her, the market’s recent crash came as no surprise, adding, “I’ve said all along that crypto assets are highly speculative, highly risky assets.”

Bitcoin Reclaims $30,000 as Mining Difficulty Set to Adjust This Week

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has 😄 retaken the $30,000 level after a bout of volatility over the weekend.

The leading crypto 💸 trades around $30,408, up roughly 1.7% over the past 24 hours. Despite this minor recovery, Bitcoin is still 55.76% 📉 down from its all-time high of $68,789 in November last year, according to data from CoinMarketCap.

EBay Launches Wayne Gretzky NFTs on Polygon

EBay’s first NFTs will be digital collectibles featuring 🏒 hockey legend Wayne Gretzky.

Gretzky, 61, played 20 seasons in the NHL spanning three decades, won four 🏆 Stanley Cups, and is considered by many to be the greatest player of all time. The Gretzky NFTs unique blockchain tokens that signify ownership are on the Ethereum sidechain Polygon and were issued through a partnership with Sports Illustrated and NFT platform OneOf.

Fed Finds Unbanked Americans Are Turning to Crypto at a Higher Rate

👨 People who transact with cryptocurrencies were twice as likely to be unbanked as people who don’t use them at all, according to a new survey from the Federal Reserve.

The Fed found that 13% of Americans using crypto for 💳 payments do not have bank accounts, up from the 6% among people who don’t use crypto at all. Meanwhile, 27% of people using crypto for payments report they don’t have a credit card, up from 17% of people who don’t hold or use crypto.

Pharrell Williams: Web3 Is «Scaring the System»

🎵 Musician, producer, and fashion designer Pharrell Williams believes that a revolution is coming that will 💥 shake up the music industry, the financial system, and even government and he thinks that blockchain and decentralized Web3 technology are key to it.

Williams said that he began 🔍 exploring the concept of NFTs a couple years back, and that he was “late to it.” Vaynerchuk returned a facial expression suggesting that Williams’ take was inaccurate that he was actually early to NFTs, given that the market just took off in 2021 which elicited laughter from the audience.

Conclusion: It seems that the main coin of the entire crypto industry will begin to strengthen in the near future. Despite the interest of many countries in the development of cryptocurrency, some politicians are still not sure about its stability and reliability.

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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.