Located in Union Square, the location will display NFTs on auction on high-res screens. Mainstream adoption of nonfungible tokens doesn’t seem to be slowing down anytime soon as the first-ever art gallery dedicated solely to NFT-backed art has opened in New York City. Superchief, an artist collective that operates galleries in New York and Los …
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The company recently raised $100M in VC funds. How does it plan to spend that money? Blockchain analytics firm Chainalysis recently added $100 million to its books thanks to investments from a number of parties, including Salesforce CEO Marc Benioff. In a report from CNBC on Friday, Chainalysis CEO Michael Gronager suggested that the success of …
Bitcoin price bounced off the 50-day moving average but the real test is near $57,500 where the bears are likely to push back. Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long term …
Continue reading “Price analysis 3/26: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK”
On Feb. 23, Tether and Bitfinex announced that their legal battle with the New York Attorney General’s office had come to an end with an $18.5 million settlement. Tether Admits to No Wrongdoing For the past two and a half years, the New York Attorney General’s office has taken action against Tether and Bitfinex for …
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ADA The Cardano price has surged by 30% on the week as the ADA coin now trades at number three in the list of coins. The project now has a valuation of $40 billion and is sandwiched between Ethereum and Binance Coin, with market caps of $175bn and $39bn respectively. ADA has been rising as …
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In February, several investment firms worked toward creating Bitcoin ETFs, a long-awaited cryptocurrency investment vehicle. The Canadian firm Purpose Investments has just earned approval, while NYDIG and Grayscale have weighed in on the matter. What Are Bitcoin ETFs? Bitcoin exchange-traded funds, or ETFs, are investment vehicles that mirror the price of Bitcoin itself and provide …
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Forex trading and cryptocurrency trading go hand in hand. It is easy to invest in either type of asset through online brokers or exchanges. However, each investment has slightly different qualities. Here’s what you should consider before investing. Benefits of Forex Trading Over 180 assets: Forex trading, or foreign exchange trading, involves trading different …
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New partnerships, the growing popularity of NFT art and the upcoming launch of JumpNet are just a few reasons why Enjin has rallied more than 800%. Nonfungible tokens (NFTs) have taken the world by storm as stories of record-breaking digital art sales now regularly appear on mainstream news outlets and popular culture. One project that …
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Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Stock-to-flow creator doesnt think Bitcoins bull market is done Bitcoins price …
Orion Protocol has rallied 730% since February to hit a $500 million market cap, but what’s really behind the recent gains? As the decentralized finance (DeFi) industry grows, new exchanges and liquidity pools constantly emerge. For the average investor, keeping track of all of them and finding the best yield opportunities has become increasingly complicated. …
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How has the Bitcoin bull run changed crypto media? New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers like PayPal and Mastercard. But why are they here to begin with? Much of the recent enthusiasm can be attributed to …
Cryptocurrency is at the age where it is no longer a novel thing; it’s been around for over a decade and regularly receives attention in the mainstream media. Who uses cryptocurrencies, what do they use them for, and what does the future hold for these various uses? Let’s take a closer look at this guide …
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Ethereum is a programmable blockchain, capable of powering custom tokens, blockchain applications, and decentralized exchanges. However, since Ethereum went live in 2015, several other blockchains have attempted to improve on its features. Typically, competing platforms aim to offer support for a greater variety of assets, improve transaction speeds and costs, or offer greater staking returns …
Continue reading “Ethereum Killers: Competition for the Second Biggest Blockchain”
BTC Bitcoin rallied back above the $50k level as the US Senate approved another stimulus package for the US economy. President Biden’s latest US$1.9 trillion deal will now head back to the House for amendments before it is approved. The market has been eagerly anticipating another stimulus bill after the cryptocurrency market benefited from the …
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Investment and saving are two common terms in the world of wealth creation, especially in the equity market. Either of the two phenomena has their approach to the concept of creating wealth, and they play different roles when creating a financial strategy. It all boils down to what you want to do with your money. …
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