Gaming platforms have garnered massive attention due to the advent of NFTs. From what looked like a casual competition has transitioned to worldwide tournaments with top gamers joining the space. The evolution of this multi-million dollar industry has attracted the likes of celebrity stardom and eye-watering sums creating the best action in the NFT sphere. …
Monthly archives: August 2021
As Bitcoin Breaks $50k, Indicators Look Similar To The Rally That Lead To ATH
As Bitcoin finally breaks $50k, on-chain data shows BTC indicators look similar to the rally that lead to the ATH earlier in the year. Bitcoin Indicators May Suggest A Repeat Of The ATH Rally From Earlier In 2021 As pointed out by a CryptoQuant post, the derivative exchanges’ reserve has been going down, while the …
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Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts – Cointelegraph Magazine
Economics Professor Jason Potts is co-director of the Blockchain Innovation Hub at RMIT University. He sees blockchain technology as a fundamental institutional technology revolution comparable to the emergence of companies and the internet — perhaps even as world-changing as the invention of electricity. What’s the last big technological change that had the same sort of …
XRP, Litecoin and Two Other Altcoins Ready To Wake Up and Launch New Rallies, According to Top Crypto Strategist
Prominent crypto strategist and trader Michaël van de Poppe is keeping a close watch on XRP, Litecoin and two other altcoins that he says are close to waking up. In a new strategy session, the analyst tells his 116,000 YouTube subscribers that XRP is poised to rally and print a new all-time high. ADVERTISEMENT …
Institutions Pouring Money Into Solana and Cardano, Current Rate Outpacing Both Bitcoin and Ethereum: CoinShares
Digital asset manager CoinShares says Ethereum competitor Solana recorded more institutional capital inflows than any other crypto asset last week. In its weekly report, the firm says Solana recorded more than twice the amount of institutional capital than Ethereum. ADVERTISEMENT “Solana, a competitor to Ethereum offering a flexible infrastructure and faster transaction settlement, saw …
Time to pump? Data suggests traders intend to push Filecoin (FIL) above $100
Filecoin (FIL) accumulated 65% gains over the past 30 days to reach its highest price since June 8. The recent strength was accelerated after an Aug.6 partnership with Chainlink’s oracle protocol on Aug. 6 allowed the projects to join their grant initiatives to speed up the development of hybrid smart contracts to leverage code running …
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Here’s what traders expect now that Bitcoin price rallied back to $50K
There was widespread celebration across the crypto ecosystem on Aug. 23 after the sight of Bitcoin (BTC) back above $50,000 triggered a resurgence of calls for the top cryptocurrency to reach $100,000 before the end of 2021. Data from Cointelegraph Markets Pro and TradingView shows that the early morning bullish momentum that lifted the price …
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Binance denies allegations of market manipulation
Major cryptocurrency exchange Binance is pushing back against allegations of market manipulation and working against the interest of its users. In a Monday Twitter thread, Binance seemingly laid the blame for any claims of manipulating the crypto market on publications spreading fear, uncertainty, and doubt as well as certain individuals impersonating employees at the exchange. …
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Bitcoin Price Prediction: BTC/USD Swings Above $50,000
Bitcoin Price Prediction – August 23 The Bitcoin price restarts the uptrend after crossing above the critical barrier of $49,000 to touch the daily high of $50,499. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD looks green …
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Not banks, not memecoins: Is crypto’s biggest hurdle a political one?
It is not a secret that cryptocurrency has been struggling to find its place in the world. The problem is not that it does not have any value, as many people are happy to use it for transactions without conversions into fiat currency. The issue is with governments and regulations. Some believe cryptocurrency needs regulation, …
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Rapper Tyga is building a crypto alternative after OnlyFans porn ban
American rapper Micheal Ray Nguyen-Stevenson, better known by his stage name Tyga, plans to take advantage of OnlyFans banning sexually explicit content by launching a direct competitor for the popular platform, which flourished during the pandemic. Set to affirm itself more as a forum for musicians, fitness instructors and chefs than sex workers, the popular …
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Bitcoin (BTC/USD) Market Transaction Keeps Increment
Bitcoin Price Prediction – August 23The BTC/USD market transaction keeps an increment in line with the bullish channel trend lines drawn for sessions until the present. The crypto’s percentage rate amounted to a positive number of 2.85 to trade around $50,418 as of writing. BTC/USD Market Key Levels: Resistance levels: $52,500, $50,000, $57,500Support levels: $45,000, …
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5 Top Crypto To Buy This Week [BTC, BNB, ADA, RUNE, TEL] August 2021 Wk 4
As August runs to an end, we examine some of the top crypto to buy this week for huge returns. We consider some heavy hitters such as Bitcoin due to its recent price action and influence in the market. Other bigwigs selected in our roundup include Cardano, RUNE, Telcoin and Binance Coin. 5 Top Crypto …
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JPMorgan, Wells Fargo Move To Launch Bitcoin Funds in Collaboration With Crypto Giant NYDIG
Banking titans JPMorgan and Wells Fargo are gearing up to launch new Bitcoin funds in collaboration with crypto giant New York Digital Investment Group (NYDIG), according to filings with the U.S. Securities and Exchange Commission (SEC). NYDIG is a Bitcoin-focused technology and financial services company and subsidiary of investment management company Stone Ridge Asset Management. …
PayPal Allows UK Customers to Buy, Sell and Hold Four Crypto Assets
Global payments giant PayPal is launching cryptocurrency offerings to UK customers for the first time. UK PayPal users, including those in the US, are now able to buy, sell and hold Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) through the company’s website and mobile app. ADVERTISEMENT The move is PayPal’s first …
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