In today’s crypto news, following the footsteps of US-based banking giant JPMorgan, which recently opened a lounge in Decentraland, HSBC has become the first global financial services provider to enter The Sandbox Metaverse. Instagram announced NFT plans that are in line with its parent company’s metaverse vision.
In today’s global crypto news, El Salvador’s initial $1 billion bitcoin bond issue, which was scheduled to take place between March 15 and March 20, could be impacted by the conflict in Ukraine.
Before heading to the news section, let’s have a quick glance at the latest crypto price trends.
Price Trend | Price for March 17, 2022 | Percentage change |
The global cryptocurrency market cap | $1,823,961,403,971 | 4.56% |
The total crypto market volume | $94,143,607,036 | 8.27% |
Bitcoin Price | $41,142.26 | 5.21% |
Ethereum Price |
$2,764.04
|
5.48% |
*All prices are latest by 11:30 AM, 17 March 2022.
Cryptocurrency | Price (Latest by March 17, 2022) | Change in % |
Celo (CELO) | ₹261.65 | 35.77% |
THORChain (RUNE) | ₹662.17 | 17.97% |
The Sandbox (SAND) | ₹247.18 | 15.71% |
*All prices are latest by 11:30 AM, 17 March 2022.
Cryptocurrency | Price (Latest by March 17, 2022) | Change in % |
The Graph (GRT) | ₹32.10 | 4.12% |
Elrond eGold (EGLD) | ₹12404.68 | 3.13% |
Alpaca Finance (ALPACA) | ₹31.08 | 2.30% |
*All prices are latest by 11:30 AM, 17 March 2022.
El Salvador is still considering launching its bitcoin bond between March 15 and March 20, according to a government official, however, the situation in Ukraine is a factor that could impact the schedule.
Besides, Bitfinex Securities is currently waiting for approval to submit an application for a license, which is a necessary step before launching the first bitcoin bond.
Read: Why TVL (Total Value Locked) in DeFi Matters?
Source: TheBlockCrypto
Virtual and augmented reality are already influencing how financial institutions around the world perceive their industry’s future. And Sandbox’s increased integration with global financial systems could benefit greatly from the partnership with HSBC.
According to their announcement, the bank will purchase a plot of LAND, virtual real estate in The Sandbox metaverse, which will be developed to engage and connect with sports, esports, and gaming enthusiasts.
Read How to Buy Virtual Land in the Metaverse?
Source: CryptoNews
According to various sources citing Meta CEO Mark Zuckerberg, the Meta-owned global photo and video social network Instagram may start supporting “certain” NFTs “over the next several months.”
Zuckerberg also hopes that avatar apparel in the metaverse can be minted as NFTs, according to Hannah Murphy, a tech reporter for the Financial Times.
Read: How To Build An NFT Community I Step by Step Guide
Source: CryptoNews
New Coin | Market Cap | Circulating Supply |
NEO (NEO) | ₹111,053,458,426 | 70,538,831.00 NEO
|
Celer Network (CELR) | ₹19,494,468,513 | 6.78B CELR |
Monero (XMR) | ₹258,824,258,008 | 18,093,839.93 XMR |
Anchor Protocol (ANC) | ₹60,496,976,675 | 264,755,833.11 ANC |
Stacks (STX) | ₹124,240,917,828 | 1.30B STX |
*All prices are latest by 11:30 AM Feb 17, 2022.*