The latest craze to resurface in the effervescent nonfungible token (NFT) scene is a collection of digital pet rocks from 2017 dubbed EtherRocks. On August 8, a single EtherRock sold for a whopping 45 ETH — worth roughly $135,240 at the time. EtherRock #21 purchased for Ξ45 Ether ($135,240.03) 30 mins ago (Aug-08-2021 05:17:15 PM …
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The majority of current Dogecoin (DOGE) holders are reaping profits as the most famous meme token rallied 24,7% during the past seven days, while the price of Ethereum (ETH) grew 18,9% and the price of Bitcoin (BTC) rose 15,5%. Dogecoin’s rally also outpaced Cardano (ADA), which moved up 11,4 %, while Ripple (XRP) followed with …
Continue reading “66% of all Dogecoin (DOGE) holders are ‘in profit,’ data shows”
Bitcoin Cash Argentina, a nonprofit foundation destined to increase the knowledge and adoption of the cryptocurrency in the country, has achieved its second milestone by crowdfunding a new circular economy campaign using Flipstarter. This new campaign goes even further with the goal of onboarding 250 merchants in the near future. Bitcoin Cash Argentina Funds Second …
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Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state. While there have been no official explanations for this measure, some people with knowledge on the matter state the action was taken due to the enormous …
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The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have reached the highest level since 2013. New York Fed’s Survey of Consumer Expectations …
American cinema operator AMC Entertainment is aiming to accept Bitcoin payments for movie tickets by 2022. Speaking during a Aug. 9 conference call regarding the firm’s Q2 results announced earlier the same day, AMC chairman and CEO Adam Aron revealed that the cinema chain intends to have the infrastructure ready to accept BTC payments for …
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Former Goldman Sachs executive Raoul Pal says that he’s seeing a developing macro setup that could potentially blast Bitcoin and other crypto markets into the stratosphere. In an interview with The Breakdown host Nathaniel Whittemore, Pal explains how a weak global economy could serve as a catalyst for the growth of the digital asset market. …
Continue reading “Looming Macro Setup Could Blast Crypto Into the Stratosphere: Raoul Pal”
Bitcoin (BTC) price soared to a 3 month high at $46,293 after bulls confirmed that they intend to take full control of the market. While crypto traders might be in the green again and pro traders are looking to add larger leveraged positions, no every class of investors to obtain direct exposure to Bitcoin. For …
Continue reading “MicroStrategy and Bitcoin mining stocks rally as BTC price rebounds”
Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds. Private investors across 33 countries participated in the $25.8 million, or 22 million euros, Series A round, Blocktrade announced early Tuesday in Europe. The investors …
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A compromise which proposed amending provisions in the bipartisan infrastructure deal on crypto failed to meet the requirements of a unanimous consent request in the Senate, making the bill likely to go to a full vote without additional changes. This afternoon, Senator Tom Carper, the Democratic floor manager for infrastructure bill HR 3684, put forth the …
Continue reading “‘We’ll be back on this’ — Alabama senator derails crypto amendment with two words”
Bitcoin’s (BTC) recovery from $29,482.61 on July 21 has continued to surpass one resistance after another. Today, Bitcoin has risen above the 200-day simple moving average, an indicator watched by institutional investors to determine whether the asset is bullish or bearish. A positive sign about today’s rally has been that Bitcoin was not affected by …
Continue reading “Price analysis 8/9: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK”
After the crypto draft bill is adopted, Ukrainians will be able to legally hold, exchange, and spend cryptocurrencies like Bitcoin (BTC), a government official revealed. Besides allowing payments in cryptocurrencies, the Ukrainian Digital Transformation Ministry proposes lower crypto taxes as the new legislation seeks to pave the way for the industry to enter the country. …
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Input-Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano (ADA) platform, announced that the Alonzo Purple testnet is up and running. Following the first two Alonzo updates, dubbed Blue and White, the final, Alonzo Purple update commences as the first fully public Cardano testnet to support …
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The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed on a Number of …
Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury Department to clarify the underlying text and ensure that those who are not acting as brokers will not be subject to the bill’s reporting requirements.” …
