This week, Vladimir Putin endorsed Russia as a good place for crypto mining. Despite the Central Bank’s positioning, Putin reaffirmed that “the Central Bank does not stand in our way of technological progress and makes every effort to adopt the newest technology in this area”. According to Vladimir Putin, Russia has ‘distinctive characteristics’ that make it a perfect place to mine Bitcoins.
At the same time, Thailand announces Cryptocurrency regulation. The Bank of Thailand, the Thai Securities and Exchange Commission, and the Ministry of Finance of Thailand issued a statement this week saying that cryptocurrencies will be regulated as means of payment in the country. According to the announcement, the country deems it necessary to regulate the use of digital assets for payment of goods and services to avoid impacting its financial stability and economic system.
While the authorities have also acknowledged the risks of volatility and data security leaks, the regulation of cryptocurrencies may result in wider adoption of digital assets as a means for payments, in addition to their use as an investment, which could negatively affect the overall economic system.
In other news and in response to investors’ and traders’ attempts to stimulate a rebound in crypto prices, some crypto appreciated the changes. Polygon MATIC made headlines when it appeared to be one of the top performers. With an intraday high of $1.825, its price increased almost 17% on January 26th, becoming one of the top cryptocurrencies. As the native token MATIC’s value grew from $9.77 billion on January 24th to $13.58 billion two days later, its price rose from $1.312 to $1.825, resulting in an almost 40% gain in three days.
Another great move was Klever’s partnership with Love Monster. The first XRPL project went live in the Klever Wallet and Ecosystem. With Love Monster, players have access to privileges that give them an edge in the gaming world. To make things even sweeter, “Klever Land” is in full development at Love Monster. That’s right: Klever will have its own battle environment that you can explore in the Monster Marketplace.
XRP Ledger is a scalable, sustainable blockchain with a strong global developer community. With its ease of development, low transaction costs, and knowledgeable community, it offers developers a strong open-source foundation for tackling the most complex projects – without harming the environment. This is just one of many blockchain gaming communities and projects lining up to benefit from Klever technology.
And finally, LunarCrush went live in the Klever Ecosystem. The LUNR token BEP20 and ERC20 are live in Klever Wallet. Users are now able to Hold, Send, Receive and Charge. LunarCrush is a social intelligence platform for cryptocurrency investors. It allows users with the tools to understand cryptocurrency movements in greater detail, analyzing data from a growing list of social channels to uncover valuable insights you can use to make confident, data-driven trading decisions. You can now hold your LUNR tokens in Klever Wallet today.
Klever Insight: LunarCrush Livestream
Wonder how LunarCrush tracks every whisper of crypto across social media?
Watch Misha Lederman hosts Joe Vezzani, CEO, and Jonathan Farjo, CPO to discuss all things LunarCrush and how they track every whisper of crypto information across social media & distill it into digestible data to help you make informed decisions.
Missed our Klever Livestream? Catch-up now, click below.
LUNR token (BEP20 & ERC20) is live
LunarCrush is now available in the Klever Ecosystem.
The LUNR token (BEP20 & ERC20) is live in Klever Wallet to:
What is LunarCrush?
LunarCrush is a social intelligence platform for cryptocurrency investors.
We help you understand cryptocurrency movements in greater detail than ever before by analyzing data from across a growing list of social channels to uncover valuable insights you can use to make confident, data-driven trading decisions.
Start holding your LUNR tokens in Klever Wallet today.
PODCAST: The Klever Story
Welcome to the Klever’s Story series in our Podcast.
Here, you’ll get to know more about who we are and everything that makes us the best Ecosystem of Blockchain and Cryptocurrencies in the world. The climb to the top begins with our very first steps.
Sit back, relax and enjoy – we hope you have a Klever experience!
Prefer to read this content? From the Slums of São Paulo to Klever CEO – A Personal Life Story of Klever by Dio Ianakiara
How to get the most out of Klever NFT Marketplace
In case you are late in understanding crypto, NFT is the next big thing that you can participate in via Klever NFT Marketplace.
Some feel they’ve lost the race to get into the crypto space, but they should not worry since there is another way to succeed by entering the NFT space, which is also very popular today.
Klever NFT Marketplace is one such new platform, which allows users to buy, sell and trade NFTs in a quick and easy manner. On the site, users can list their unique NFTs, where buyers can find them and offer you the rates you need.
Though the NFT market has been very popular among users, there are very few marketplace that allows you to trade and sell your NFTs.
What are the benefits of adopting the metaverse?
The metaverse is a virtual universe that extends the dimensions of the physical world.
There is no justification for living in a metaverse if it is not economically viable such that it can support the activities and financial ambitions of its users. Therefore, creating value that can be easily monetized is an essential part of any virtual world.
Remember, all types of activities can take place inside the metaverse and users need an incentive strong enough to want to enter and stay in it. Competition, scarcity, supply, and demand, are the real-world economics that speaks to any of us.
But, what are the benefits of adopting the metaverse? Click below to find out!
Have you ever wondered where you could buy or trade Klever KLV?
Buying KLV has never been easier
Our utility token powers all of our products and services and provides credibility, agility, accountability, and independence to our users. In addition, it enables dynamic partnerships between our company and our community.
KLV coin is used for all transactions in the portfolio of apps, whether directly or indirectly. KLV is the link between our users and the products and services in our portfolio. It is this link that connects us with our users and expands the ecosystem.
So where is the best place to buy KLV right now? Click below to find out!