U.S. SEC’s Crypto Oversight Team Will Add 20 Officials to Strengthen Enforcement
Nigeria CBDC Wallet Introduces Bill Pay Feature

Instagram is Planning NFT Integrations for Ethereum, Polygon, Solana and Flow

Join the Trading Community: Learn & Earn with BingX.

Today’s Cryptocurrency Headline

Instagram is planning NFT integrations for Ethereum, Polygon, Solana and Flow, starting with a pilot for a small group of users in the United States. It’s unclear if Instagram will support all four networks at launch. As long as the user puts the NFT into the wallet, the ownership of the NFT can be verified. Instagram does not charge users to upload and display NFTs. According to previous news, Zuckerberg said that he is working hard to introduce NFTs to Instagram, and users may be able to mint NFTs in the APP.

BingX’s Bitcoin Chart

Source: TradingView & BingX

According to CoinShare, digital asset investment products surprisingly saw inflows totalling US$40m last week. BTC is down 11% over the last 24 hours and has fallen to an intraday low of $29,730.40. The crypto market fell alongside the traditional market again, and Nasdaq tumbled another 4%, MicroStrategy (MSTR) stock fell 25% and Coinbase (COIN) dropped 20%. BTC is currently trading above the $30,000 price level, if the bear managed to push the price below this level, we could see BTC delices to $28,000.

Disclaimer:  BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.