ANIVERSE Crypto Daily News_Jan 25, 2023💌

Wednesday, January 25, 2023
ANIVERSE Crypto Daily News💌

1. Metaverse Entertainment Will Reshape Social Lifestyle, Says 69% of Users.
-A recent CoinWire research of crypto investors found 69% of participants believed the metaverse would alter social norms. People were concerned about how it will affect their finances, businesses, and education at rates of 61.2%, 49.6%, and 45%, respectively.

2. Bitcoin Moves Sideways at $23K.
-The total volume of bitcoin options on Deribit rose to $4.25 billion last week, the highest point since Sam Bankman-Fried’s FTX exchange went bust in the second week of November.

3. Genesis Seeks $20.9M From ‘Bitcoin Jesus’ Over Crypto Options Trades That Weren’t Settled.
-The court action seeks damages from Bitcoin Cash backer Roger Ver related to the alleged failure to settle cryptocurrency options transactions that expired on Dec. 30, 2022.

4. Coinbase Trading Volume Increases in January While Other Exchanges See Declines.
-Coinbase’s reputation as one of the more trustworthy exchanges in the U.S. has helped it following the collapse of rival FTX.

5. Crypto Infrastructure Firm Blockstream Raises $125M for Bitcoin Mining.
-The company will use the funds to expand its bitcoin mining facilities amid strong demand for hosting.

6. Japan’s Financial Services Agency (FSA) is working on lifting the ban on the domestic distribution of stablecoins.
-Japan’s new regulations, allowing investors to trade using stablecoins like Tether (USDT), are expected to be adopted no later than June 2023. The FSA will only allow foreign stablecoins that successfully pass individual checks ensuring they are safe from the viewpoint of user protection.

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