Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, says non-fungible tokens (NFTs) are going mainstream faster than almost anything he’s ever seen. In a new interview with CNBC, Bankman-Fried notes that rapid adoption of a new trend involves both excitement and risks. ADVERTISEMENT Visa just announced that they bought an NFT… Everyone is currently …
Monthly archives: August 2021
Coinbase Executive Slams Crypto Provision in Infrastructure Bill, Gives List of Suggestions for Lawmakers
Coinbase’s global vice president of tax, Lawrence Zlatkin, is sharing his critique on an editorial response from Bloomberg that discusses the crypto provisions defined in the ongoing US infrastructure bill. Bloomberg’s op-ed took the stance that the crypto provisions within the original bill will help to bolster the government’s tax revenue from crypto entities paying …
New Crypto Unicorn Emerges As Blockstream Locks in $3.2 Billion Valuation
Bitcoin infrastructure firm Blockstream is the latest company to reach unicorn status in the crypto industry, after raising $210 million with a valuation of $3.2 billion. Blockstream, which focuses on various Bitcoin services like mining, custody and transferring, was co-founded by cypherpunk and crypto “OG” Adam Back, who some believe could be Satoshi Nakamoto, the …
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Powers On… Broker disintermediation and unregulated crypto exchanges cause major concerns
Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches the course “Blockchain, Crypto and Regulatory Considerations.” …
Derivatives data shows Ethereum traders positioned to extend the ETH rally
Ether (ETH) price rallied 32% leading up to August 23, and despite testing the $3,000 support multiple times, the level has held firmly. Meanwhile, Bitcoin (BTC) could not sustain the $50,000 mark, at least in the short-term. According to Cointelegraph, pro traders are not yet inclined to add bullish positions according to derivatives metrics. Surprisingly, …
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The Best Rewards From the Most Popular Bitcoin Crypto Cards
The Best Rewards From the Most Popular Bitcoin Crypto Cards The crypto space is full of benefits for us all, and that includes Bitcoin crypto cards. Just like your usual credit and debit cards, but packed with excellent benefits such as buying items and paying for service with BTC, and of course, exclusive rewards. Now …
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Bitcoin Price Prediction: BTC/USD Price Battles with $50,000
Bitcoin Price Prediction – August 24 The Bitcoin price is likely to spread the bearish move to areas below $35,000 after numerous attempts to hold gains above $37,500. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $54,000, $56,000, $58,000 Support Levels: $46,000, $44,000, $42,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD falls …
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5 Best Coins For 100x Gains August 2021 Week 4
The crypto market is booming presently as the nascent industry has hit the $2.16 trillion valuations, rising 0.37% in the last 24 hours. Several investors are searching for the best coins for 100x gains. This article will highlight the five best coins we believe will generate massive returns for your investments. 1. Bitcoin (BTC) Bitcoin …
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Speculator turns $1,100 into $3.35 million selling Fidenza #313 NFT
The Fidenza #313 NFT, created by artist Tyler Hobbs, just sold for 1,000 ETH. At today’s price, that equates to $3,350,000. Even more staggering, the seller, who goes by the OpenSea username “PizzAle,” paid 0.58 ETH (around $1,100) for it two months ago, marking an impressive return on investment. The Fidenza collection launched in June …
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XSWAP DEX brings DeFi into ABEYCHAIN blockchain ecosystem
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › ABEY Foundation, the non-profit body that oversees the activities on ABEYCHAIN made the announcement this week. The launch of XSWAP represents a significant milestone for ABEYCHAIN and introduces users to the world of decentralized …
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Pompliano: Western Union leaving Afghanistan is why the world needs Bitcoin
Bitcoin-bull Anthony Pompliano said “get out and get away” to people invested in legacy money transfer firms. The comment came in response to Western Union’s decision to suspend its services in Afghanistan, following Kabul’s takeover by the Taliban last week. Instead, Pompliano raised the point that people can use Bitcoin for money flow at zero …
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Bitcoin Cash Price Prediction: BCH/USD Market Valuation Hovers at $600
BCH Market Valuation Hovers at $600– August 24The BCH/USD price trades around $653 as the market valuation hovers around $600. The crypto’s rate of trading is at about -1.70 percent as of writing today. Market Valuation Hovers at $600: BCH MarketKey Levels:Resistance levels: $700, $900, $1,100Support levels: $500, $400, $300 BCH/USD – Daily ChartThe BCH/USD …
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XRP Price Dips 2.8% to $1.20 – Where to Buy Ripple
Ripple has made some significant gains in August, with some traders speculating that prices will rise to $2. However, high volatility in the market has prevented this from happening. Regular dips in XRP prices have created strong resistance that XRP has failed to break, but the overall bullish sentiment remains strong. XRP is trading at$1.20 …
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NEO Price Falls 4.7% to $57.46 – Where to Buy NEO Dip
The cryptocurrency market has witnessed incredible gains in recent weeks. These gains have made various altcoins create new highs that have even been greater than what was reported in early May when bulls were at their strongest. However, this bullish sentiment has not prevented these coins from occasional dips. NEO is trading at $57.46 at the …
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XRP Price Prediction: XRP/USD Trade Converges at a Higher Zone
XRP Trade Converges at a Higher Zone – August 24The Ripple XRP/USD trade converges at a higher trading zone as the crypto’s valuation trades around $1.24. A smaller negative percentage rate of 0.25 is on the record by the market as of writing. Trade Converges at a Higher Zone: XRP MarketKey Levels:Resistance levels: $1.40, $1.60, …
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