Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a reality, and what’s more, you can invest in the metaverses. In Ready Player One, The OASIS is another example of an advanced virtual reality. Numerous other sci-fi authors, such …
Continue reading “Blockchain metaverse startups: Unparalleled investment potential”
Bitcoin’s (BTC) dominance has dropped from about 48% on Oct. 20 to 42.3% on Nov. 7 while the total crypto market capitalization has continued its northward journey. This indicates that the price action has shifted from Bitcoin to altcoins. CryptoQuant CEO Ki Young Ju said that Bitcoin whales are selling but this has not resulted …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, AVAX, EGLD”
A widely followed crypto analyst and trader says epic rallies are on the horizon for Binance Coin (BNB), Avalanche (AVAX) and two more altcoins. Pseudonymous trader Smart Contracter tells his 178,800 Twitter followers that he believes BNB, the utility token of crypto exchange Binance, is in the midst of an uptrend that can push the …
Popular on-chain analyst Willy Woo says there’s one signal hinting that a significant price spike for Bitcoin is on the horizon. The analyst tells his 831,000 Twitter followers that Bitcoin’s NVT (network value to transaction) is at a point that he says historically leads to rallies. NVT is an indicator that gauges on-chain investor volume. …
Meme tokens and dogcoins have been an integral part of the ongoing market-wide bull run in the cryptocurrency markets. Among the plethora of these tokens that have been flooding the market, two of these tokens, the longer-standing memecoin Dogecoin (DOGE) and Shiba Inu (SHIB), have gained the most traction and popularity. Most recently, SHIB started …
Continue reading “Meme tokens and dogcoins flood the market as price wars heat up”
It used to be unimaginable to think of cryptocurrencies without thinking of blockchain. With the DAG model, however, several cryptocurrencies have already been built using this technology. Some examples are Obyte, IOTA, and Nano, to name a few. Although still relatively new, the DAG framework shows great potential. As mentioned, some projects have already used …
Continue reading “What is a directed acyclic graph in cryptocurrency? How does DAG work?”
Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public …
Continue reading “How blockchain technology might bring triple-A games to metaverses”
Bitcoin (BTC) fan, Tesla CEO and world’s richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells him to. In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion. Twitter …
A job description posted on Revolut’s LinkedIn page indicates that the London-based fintech startup is looking forward to recruiting a tech team that will assist the firm in building its crypto exchange. According to the official job posting, digital bank Revolut is looking to hire a tech team that will lead the company towards establishing …
Continue reading “Fintech startup Revolut amps up crypto hiring amid renewed interest in the sector”
Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused Jack in the Box “considerable economic damage and irreparable harm, including by …
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after passing with a vote of 228–206 on Friday. Bipartisan Infrastructure Bill Passes to the Tune of $1.2 …
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this paradox as well as the need …
Continue reading “Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says”
Blockchain news and updates outlet CryptoDiffer is revealing that blockchain-based game Axie Infinity, along with smart contract platforms Fantom and Solana are among the top altcoin performers this year. CryptoDiffer tells its 258,000 Twitter followers that Axie Infinity (AXS) is the hottest altcoin this year, printing gains of over 26,000% in just 10 months. AXS …
Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the …
Continue reading “Bitcoin consolidates right below Fib level that triggered 2013 all-time highs”
Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization. At press time, the net worth of total SOL tokens in circulation was a little over $76 billion, falling only behind Binance Coin’s (BNB) $109 billion, Ether’s (ETH) $540 billion, and Bitcoin’s (BTC) $1.17 trillion. Top ten …
