In 2021, there’s no doubt that non-fungible token (NFT) collectibles have been extremely popular and NFTs have made billions in sales during the last year. For instance, in the last month Opensea saw $3.44 billion in NFT sales, Axie Infinity saw $838 million, and the pixelated NFTs Cryptopunks saw $653 million in sales. However, there …
Continue reading “Are NFT Sales Susceptible to Shill Bidding? NFT Skeptics Think It’s Possible”
This week a project called Pleasrdao announced that a notable Doge non-fungible token (NFT) that sold in June 2021 for 1,696.9 ether or over $3.6 million at the time of sale, will be fractionalized. At the time of sale, the Doge NFT was a historic sale and the NFT’s owner wants others to enjoy the …
All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president Biden to replace Fed chairman Jerome Powell with someone who will address “climate risk.” AOC, Tlaib, Pressley: ‘Climate Change Is a Warning of the Potential …
TRON staking has emerged as perhaps the best way for the asset’s investors to earn passive income on their holdings. Essentially, holders lock their TRON tokens – TRX – on the blockchain, with the assets helping its proof of stake (PoS) functionality. Participants who stake their digital assets will also get more tokens when they …
Continue reading “3 Best TRON Staking Platforms For Top Returns Sept 2021”
Veteran hedge fund manager John Paulson says that he’s not a believer in crypto and that the digital asset markets offer no value except a limited supply. In an interview with fellow billionaire investor David Rubenstein, Paulson says cryptocurrencies are a bubble with little to no intrinsic value. ADVERTISEMENT “No I’m not a believer …
Popular analyst Will Clemente believes that Bitcoin could trend higher in the coming months as on-chain data flash bullish signals. The prominent on-chain strategist tells his 209,100 followers that he’s closely watching Bitcoin’s illiquid supply relevant strength indicator (RSI). The indicator follows the momentum of Bitcoin accumulation by running the 365-day stochastic RSI over the …
Crypto wallet and blockchain gateway MetaMask is witnessing exponential growth with a 19x increase in users since July 2020. MetaMask, founded in 2016, is an Ethereum-focused non-custodial wallet – which differs from crypto services such as Coinbase in that users own their account private keys and retain control of their digital assets. ADVERTISEMENT According …
Continue reading “This Power Tool for Ethereum Users Is Soaring, Count Eclipses 10 Million”
Crypto analyst Justin Bennett says he sees a close correlation between Cardano (ADA) and one under-the-radar altcoin. The closely followed analyst tells his 65,000 followers that for some time now, moves in Cardano are usually followed by similar price action in enterprise blockchain platform VeChain (VET). ADVERTISEMENT “Nothing against $ADA, but sometime soon, we’re …
An El Salvadorian news outlet has reported that local police arrested a computer and cryptocurrency expert who was critical of the country accepting Bitcoin as legal tender for hours before later releasing him. According to multiple interviews conducted Wednesday by La Prensa Gráfica, the San Salvador police arrested computer specialist Mario Gómez today without a …
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Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to users to its ecosystem. One project that has seen massive growth throughout 2021 thanks to its increasing public exposure and exciting protocol launches and partnerships is FTX, a crypto-derivatives trading platform …
Continue reading “Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH”
Former Commodity Futures Trading Commission chair Christopher Giancarlo, also known as “Crypto Dad,” will be leaving crypto lending firm BlockFi’s board of directors, but continuing to advise the group on digital assets. In a Wednesday announcement, BlockFi said Ellen-Blair Chube, a managing director and client service officer at investment banking firm William Blair & Company, …
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Dfinity’s Internet Computer has announced the release of 10,000 non-fungible tokens, or NFTs. Users are eligible to claim their free token Wednesday at 8pm UTC . Conceptualised by brothers Przemek and Tomasz Chojecki, alongside Adam Stępnik, the trio were inspired to create the avatars following acronym comparisons to the 90’s hip-hop duo Insane Clown Posse, …
Continue reading “Internet Computer to release 10,000 free NFTs in debut drop”
Ripple’s legal team has filed a motion to compel the U.S. Securities and Exchange Commission (SEC) to reveal whether it allowed its employees to trade XRP. The SEC requires its employees to seek clearance before they trade any security. However, according to Ripple’s motion, the SEC had not adopted any policy restricting its employees from …
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Institutional investors are showing greater interest in Cardano (ADA) as the smart contract platform records its largest weekly inflows. According to a new report from digital asset management firm CoinShares, Cardano’s market share is on the rise after a substantial influx of capital from institutional investors. ADVERTISEMENT “Cardano saw inflows totaling $10.1 million this week, …
Standard Chartered, a United Kingdom-based multinational banking firm, has joined an alliance of fintech companies and banks aimed at accelerating the adoption of best practices of cryptocurrencies. In a Wednesday announcement, Standard Chartered said it would be joining crypto and digital finance industry membership body Global Digital Finance, or GDF, Patron Board. As a member, …
