The host of popular crypto channel Coin Bureau is outlining which metaverse altcoins he believes investors should keep a close eye on. Pseudonymous crypto analyst Guy tells his 1.7 million subscribers about three metaverse projects he thinks will have long-term success, starting with Axie Infinity (AXS). Guy says that AXS started the play-to-earn gaming trend …
Yearly archives: 2021
Bitcoin Still the King of Crypto Markets, According to Morgan Creek Digital’s Anthony Pompliano – Here’s Why
Morgan Creek Digital co-founder Anthony Pompliano still considers Bitcoin (BTC) to be the leading crypto asset. In a new interview on CNBC’s Squawk Box, Pompliano says that the top crypto still has a lot of bullish fundamentals despite any downsides. “If you look at how many people [who] hold Bitcoin are in profit, so basically …
Top Traders Are Accumulating Seven Altcoins Built on Ethereum, According to Crypto Whale Watcher
The largest crypto whales in the Ethereum ecosystem are utilizing the market dip to purchase more ETH, dollar-pegged stablecoins and seven additional altcoins running on the leading smart contract platform. According to the crypto whale tracker WhaleStats, the largest 1,000 non-exchange Ethereum wallets have accumulated an average amount of approximately $365,000 worth of ETH, $154,000 of Tether (USDT) …
Crypto Trader Alex Kruger Issues Stark Bitcoin Warning, Predicts Odds of BTC All-Time High in December
Economist and trader Alex Kruger says that Federal Reserve Chair Jerome Powell’s remarks at the U.S. Senate hearing on November 30th are bearish for Bitcoin (BTC). Kruger tells his 101,600 Twitter followers that Powell’s comments that the Fed could accelerate tapering by reducing bond purchases and that inflation is not “transitory” weakens Bitcoin’s chances of …
DeFi disasters: $31M drained from MonoX and BadgerDAO losses top $120M
More than $150 million has been lost this week in separate security breaches at DeFi projects MonoX and BadgerDAO. Multi-chain decentralized exchange (DEX) MonoX (MONO) suffered a cyber attack on Nov. 30 leading to about $31 million in losses. BadgerDAO (BADGER) suffered a front-end attack that was discovered on Dec. 2 with estimates of Badger’s …
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Shanghai Man: CZ is wealthiest Chinese person with $90B, NFT yachts, and MonoX hacked
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Top of the food chain This probably won’t come as a surprise to anyone in the crypto industry, but Binance founder CZ has …
Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair
This week, Ether (ETH) price reached a new 2021 high against Bitcoin (BTC), bringing its year-to-date returns slightly above 350% and according to technical analysis, the rally could extend even further. On Dec. 1, bids for the ETH/BTC pair hit 0.0835 BTC on Coinbase for the first time this year. The upside move came as …
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Okcoin hires former Facebook spokesperson Randi Zuckerberg to grow female user base
Cryptocurrency exchange Okcoin has announced Randi Zuckerberg — the sister of Meta CEO Mark Zuckerberg — will be joining the platform’s brand advisory council in its aim to bring more women into crypto. In a Thursday announcement, Okcoin said that in addition to hiring Zuckerberg, the exchange would be committing $1 million in an attempt …
Report: DeFi could rewrite the traditional finance landscape
A San-Francisco-based crypto index fund manager, Bitwise, has released a report showing its perspective of the burgeoning decentralized finance (DeFi) sector saying it could have an Amazon-like effect on the traditional financial system. In the report titled “Decentralized Finance (DeFi): A Primer for Professional Investors,” the crypto index manager noted that despite the significant changes …
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FTX launches marketplace for easy Ethereum NFT trading
After weeks of supporting Solana-based NFTs on its NFT marketplace, FTX U.S has revealed that it would now also support the trading of Ethereum-based NFTs on its platform. FTX is the first marketplace to support Solana and Ethereum NFTs According to the official announcement made by the leading crypto exchange, users of its platform can …
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Cardano dApp SundaeSwap announces date for testnet launch
After months of teasing, up-and-coming Cardano DEX SundaeSwap has announced Sunday, December 5 as the date of its testnet launch. “Who’s ready to sample some flavors? We’re proud to announce that the SundaeSwap Testnet Event will be going live on the Evening of Sunday, December 5th (EST)!” Recent weeks have seen the pressure pile on …
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Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial
Jurors in the Kleiman v. Wright trial are currently unable to come to a decision on the high-profile billion-dollar bitcoin lawsuit in Florida. While the judge has told the jury to take time deliberating the case, on Wednesday, the jurors issued a statement that explained they could not “come to a conclusion.” Kleiman v. Wright …
Gaimin․io Developed a PC-Based Platform to Create a Global, Decentralized Data Processing Network
sponsored UK and Swiss based gaming and blockchain company, GAIMIN.IO Ltd has developed a PC-based platform to create a global, decentralised data processing network with “supercomputer” level performance. The GAIMIN platform utilises underused processing power available from high performance GPUs and rewards users in its own cryptocurrency, GMRX, for participation in the GAIMIN data. Why …
Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’
Following Jack Dorsey’s resignation announcement on Monday, two days later Dorsey’s payments company, Square Inc., disclosed that it was rebranding and changing its name to Block Inc. The company said the name Block has “many associated meanings” including the term “blockchain.” Square Changes Name to ‘Block’ — Square Crypto Rebrands to ‘Spiral’ On Wednesday, Square …
Monster-Sized Bitcoin Whale Transfers: Blockchain Parser Catches Significant Amounts of ‘Cold BTC’ Moved to Active Exchanges
Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value to just above the $56K region. Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the last month and blockchain parsers …