Bitcoin (BTC) dropped nearly $4,000 on Dec. 28 as the market offered a sharp reminder that the bull run would need to wait. BTC analysts eyes $44,000 BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $48,335 on Bitstamp at Tuesday’s Wall Street open. The pair …
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Hatu is the co-founder and chief strategy officer of DAO Maker, which creates growth technologies and funding frameworks for startups while simultaneously reducing risks for investors. “For a space as dynamic as blockchain, it is tough to pinpoint the reasons behind the industry evolving during the year. However, I feel the adoption of smart contracts …
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DeBank, a cryptocurrency wallet focused on decentralized finance (DeFi) solutions, has closed new funding led by major venture capital firm Sequoia China. The firm announced Tuesday on Twitter that it raised $25 million, bringing DeBank’s total valuation to $200 million. Apart from Sequoia China, the funding round featured major crypto investment firms like Dragonfly, Hash …
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According to a recent report by Cointelegraph Research, the volume of nonfungible tokens (NFTs) sold this year could eclipse $18 billion. From artwork, music and in-game characters to videos and photographs, these minted certificates of ownership for digital assets on blockchains are well sought after by collectors, investors and philanthropists alike. They can also be …
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Bitcoin Price Prediction – December 28 The Bitcoin price prediction continues to consolidate underneath a $50,000 barrier and may be doing this for another bullish movement. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $54,000, $56,000, $58,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD could not break …
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LuckyBlock is the lottery that you can really trust. Global lotteries have a lot of loopholes and frauds. Lottery is a game of chance, and not everyone gets lucky. Everyone loves to play the lottery, but the odds are always stacked against you. Blockchain technology makes it possible to create a truly global lottery that …
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Ethereum tokens gained popularity in 2016 and 2017 as Initial Coin Offerings or ICOs began to use them to represent ownership or value. Ethereum tokens were later utilized to represent in-game assets in 2017, such as in the popular game CryptoKitties. One of the most prominent aspects of tokens is their trading potentiality. For example, …
Hailing from the United States as a top-tier cryptocurrency exchange portal, Kraken is all set to sail on the NFT cruise by launching a fully-dedicated NFT marketplace that will issue loans to investors. The announcement was made by Kraken founder and CEO Jesse Powell during an interview session with Bloomberg News. With Non-Fungible Tokens emerging …
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Working as a powerful decentralized platform offering high-class trading services to users, Terra has announced that its UST stablecoin has reached $10B worth in market capitalization. This celebratory news can be seen as the second phase of the success streak maintained by the UST stablecoin ecosystem. The first striking achievement was recorded when UST surpassed …
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Leading cryptocurrency exchange Binance has successfully added yet another striking glory to its star-studded 2021 achievement list. The globally-acclaimed trading platform has earned an in-principle license approval from the Central Bank of Bahrain and Canadian regulators for offering crypto trading services to investors. With this, Binance will be offering access to its world-class trading experience …
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Cryptocurrency analyst and trader Michaël van de Poppe is plotting out how high one Ethereum (ETH) competitor can go after the altcoin experienced explosive growth during 2021. In a recent strategy session, Van de Poppe tells his 157,000 YouTube subscribers that layer-1 smart contract platform Solana (SOL) is taking advantage of some of the Ethereum platform’s …
Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of decentralized finance (DeFi) and blockchain gaming that incentivizes users based on a play-to-earn model. According to Huobi Research, on-chain data suggests that GameFi initiatives have seen a steep …
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Italian luxury sports car manufacturer Ferrari is moving into the blockchain industry by inking a partnership with Swiss blockchain startup Velas Network. Ferrari officially announced Monday that it had signed a multi-year agreement with Velas to jointly issue “exclusive digital content” for the Scuderia’s fans. Velas will also be the main sponsor for Ferrari Esports Series, …
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Ethereum is having difficulty keeping its richest investors in line as its native token, Ether (ETH), hints at logging more losses in the near term. Blockchain data analytics service Glassnode revealed that the number of Ethereum addresses holding at least 1,000 ETH dropped to 6,292 this Monday, the lowest reading since April 2017. At its …
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FTX founder and CEO Sam Bankman-Fried, also known as “SBF,” rounded off 2021 on an optimistic note. SBF waxed lyrical about the crypto market’s state in 2021 while revealing the roadmap for FTX in 2022 in a Twitter flood. In his view, there are three keystones to industry progress in 2022: regulation, scaling and transaction …
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