Daily Crypto News

1. Putin signs law prohibiting crypto payments in Russia — People in Russia will soon no longer be allowed to use digital assets as a form of payment. Russian president Vladimir Putin has signed a bill into law prohibiting the use of digital assets, such as cryptocurrency and NFTs, to pay for goods and services.
2. Rolex Daytona prices continue to slide on the resale market as the crypto crash wipes out wealth of newer collectors — Rolex watches are on track to erase all the price gains they made this year on the resale market.
3. Crypto Crash Stalls WeWork Founder Adam Neumann’s Climate Venture — Investors rushed to startups offering cryptocurrencies backed by carbon-offset credits, then the markets tanked.
4. Top 5 Crypto Debit Cards in Europe— Binance Card, Crypto.com Card, Fluid Finance, TRASTRA Crypto Card, WIREX Card
5. Putin Bans Digital Payments in Russia — Russian President Vladimir Putin on Thursday signed into law a ban on the use of digital payments, after the law had been approved by Russia’s State Duma earlier in the month.
6. Bitcoin (BTC) Fear & Greed Index Heads Towards the “Fear” Zone — On Friday, bitcoin (BTC) rose by 1.21%. Following a 1.71% gain on Thursday, BTC ended the day at $20,827. It was a third consecutive day in the green, with market sentiment towards Fed monetary policy delivering support.
7. ’Rich Dad Poor Dad’ author Robert Kiyosaki said bitcoin has zero value, touted gold and silver over cash, and warned inflation was wiping people out — The “Rich Dad Poor Dad” author and personal-finance guru also warned that bear markets can be a wake-up call for investors, and emphasized that market declines and economic slumps are rare opportunities to scoop up bargain assets.
8. XRP Price Prediction: A Return to $0.3450 to Test Sellers at $0.36 — On Friday, XRP rose by 0.12%. Following a 3.09% rally from Thursday, XRP ended the day at $0.3339.
9. ETH Ranges Near $1,200 as Merge Date Proposed — According to Tim Beiko, a senior developer at the Ethereum Foundation, Ethereum’s merge from a Proof-of-Work (PoW) consensus mechanism to a Proof-of-Stake (PoS) mechanism will take place during the week of 19 September. The merge should reduce Ethereum’s energy usage by some 99.95%. The proponents of PoS think it provides better security and scalability.
10. Crypto Venture Capital Investment Down 26% YoY in H1 2022 — The fall in VC investment in crypto comes as VC investment across economic sectors drops. According to GlobalData, total VC investment deals in the US fell by 22% YoY in H1 2022 to $123.1 billion.

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