A popular crypto trader and analyst says he plans to scale out of Bitcoin once BTC hits a certain level. Kaleo, a trader who has amassed a large following in the current market cycle, tells his 329,900 Twitter followers that Bitcoin will likely surge more than 520% from its current value of $34,658 by the …
Monthly archives: July 2021
Ethernity Releases Limited Edition Authenticated NFT in Collaboration With the Associated Press (AP)
July 4, 2021 – New York, New York The NFT, Raising the Flag on Iwo Jima, breathes digital life to AP photographer Joe Rosenthal’s Pulitzer Prize-winning photo in honor of the 4th of July Ethernity, the community-oriented platform that produces limited edition authenticated non-fungible tokens (NFTs), is collaborating with the Associated Press (AP) to bring …
Crypto Whales Pounce on Bitcoin in Sudden Buying Spree as User Growth Shatters All-Time Highs: Glassnode
Prominent on-chain analyst Willy Woo says deep-pocketed crypto investors are pouncing on Bitcoin amid BTC’s growing fundamentals. Woo says Bitcoin whales, or entities holding between 1,000 and 10,000 BTC, are suddenly buying the leading cryptocurrency. ADVERTISEMENT “Whales: ‘Nom nom nom… BTC so yummy today.’” Source: Willy Woo/Twitter The top on-chain analyst adds that the …
Ether price hits 2-week high as London hard fork momentum builds
Ether’s (ETH) $230 million options expiry on Friday appears to have shifted market sentiment in favor of the bulls, at least momentarily, as investors remain cautiously optimistic about the upcoming London hard fork and the prospect that Bitcoin (BTC) has established a firm bottom. ETH price update ETH rose more than 6.5% to $2,370 on …
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Crypto asset manager Valkyrie raises $10M in Series A round
Digital asset manager and Bitcoin (BTC) ETF proponent Valkyrie Investments recently concluded a $10 million Series A funding round, once again highlighting growing investor interest in crypto-focused firms. In addition to Charlie Lee, who is a well-known entrepreneur in the cryptocurrency industry, the funding round also saw participation from XBTO, BTC Media, UTXO Management, Consolidated …
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Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ICP, AAVE
In a recent CNBC survey of a group of portfolio managers and equity strategists, only 6% of respondents expect Bitcoin (BTC) to reach $60,000 in 2021. A large portion, 44% of the participants, predict Bitcoin to remain below $30,000 this year. From the remaining, 25% expect the recovery to reach $45,000 and the rest 25% …
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NFTs make it possible for gamers to have digital property rights
Every day, we hear of more involvement by big industry players (for example, Epic Games and Roblox) as we creep closer to the Metaverse, a shared persistent virtual environment of interconnected digital experiences. The problem is that none of this matters until netizens are able to truly own digital assets. And it all starts with …
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Grayscale adds Cardano (ADA) to its Digital Large Cap Fund
Grayscale Investments, the world’s largest crypto asset manager, announced yesterday that it has added Cardano (ADA) to the company’s Digital Large Cap Fund. “Welcome aboard, Cardano. We have adjusted the portfolio of Grayscale Digital Large Cap Fund to now include ADA,” the company tweeted. Welcome aboard, #Cardano. We have adjusted the portfolio of Grayscale Digital …
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Is cryptocurrency the solution to financial inequality?
Experts predict that cryptocurrency will soon overtake FIAT money as the preferred medium of exchange, possibly as early as 2030. What does this mean for those who are experiencing financial difficulties right now? Do cryptocurrencies have the potential to solve these types of problems? In order to understand how cryptocurrencies like bitcoin might impact people …
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Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’
According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with the Federal Reserve chairman and former House of Representatives Speaker Paul Ryan to speak about the implications of digital currencies. The meeting’s details are unclear but most of the discussions seemingly revolved around the construction of an American central bank digital …
‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming
U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview, the senator defended bitcoin’s carbon footprint and later invited miners to her home state on social media. Crypto Mining Adapted to Non-Carbon Emitting Energy With the ongoing crackdown on cryptocurrency mining in China, companies in …
AscendEX Lists Radix – a DeFi Protocol With Developer Incentives
press release PRESS RELEASE. AscendEX (formerly BitMax), a global cryptocurrency financial platform with a comprehensive product suite, is thrilled to announce the listing of the Radix tokens (EXRD and XRD) under the pairs USDT/XRD and USDT/EXRD on June 29 at 1 p.m. UTC. Radix intends to remove the technology barriers limiting the expansion of DeFi …
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Crypto Traders Bullish on Bitcoin, Ethereum, Cardano and Two Altcoins: Digital Asset Survey
A new survey is offering a glimpse at which crypto assets traders are most bullish on as the market bounces off its lows. The survey, which is designed to track the overall sentiment among crypto investors on Real Vision and Twitter, allows participants to scan 30 tokens and choose if they want to have an …
Sci-fi or blockchain reality? The ‘Ready Player One’ OASIS can be built
Distributed ledgers, in the form of blockchain technology, are jostling their way into financial markets, healthcare systems and the global supply chain, but perhaps the most significant disruption has yet to come. In recent months, nonfungible tokens (NFTs) have taken the spotlight as a stamp of legitimacy for digital goods, ranging from art to worn-out …
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How to farm Chia: A guide to XCH token farming using a hard drive
Chia Network recently entered the cryptocurrency scene and has quickly piqued the interest of many miners and investors. There are several reasons for this: First, the Chia blockchain operates using a novel proof-of-space-and-time (PoST) protocol, which means that proof of the space used and time spent on the task is required to farm the cryptocurrency. …
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