The Metaverse Is the Next Big Investment Theme, According to Morgan Stanley

Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors Thursday. Strategists from the bank believe this alternate conception of reality is amassing important interest from companies like Meta (formerly Facebook) and Microsoft, which are already trying to grasp the concept. Some of these …

DeVere Group CEO Updates Outlook on Cardano, Ethereum and Solana, Predicts How Long Bitcoin Bull Run Will Last

Financial services firm deVere Group CEO Nigel Green is predicting the timeframe for the Bitcoin bull run while offering his outlook on three competing smart contract platforms. Green says that the price of Bitcoin could continue rising until Q2 of 2022 at the very least as concerns over inflation rise. “This latest data out of …

Chinese provincial official expelled for violating crypto mining ban

The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations suggest unlawful emgagement with crypto mining activities among other abuse of power.  The Central Commission for Discipline Inspection (CCDI) alleged that Xiao Yi, former vice-chairman of the Chinese People’s Political Consultative Conference from Jiangxi province abused his state-backed administrative …

Data shows how Aave overtook Compound in DeFi lending

In an industry with plenty of fast ascents and precipitous falls, many wondered whether the platform had the staying power to remain a central institution in DeFi lending. Nearly 2 years later, Aave is still going strong, especially in relation to its one-time close rival.  This article will take a closer look at the two …

Four Bored Ape Yacht Club NFTs form Gorillaz-like music group

Just two weeks ago Decentraland hosted the first Metaverse Festival with musicians from far and wide taking part in the epic four-day festival of avatars, music, and NFTs. Now, just one day after the well-attended Ape Fest, Universal is getting a slice of the action by forming a virtual band called Kingship with four famous …

Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase

While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s. Moreover, after nine consecutive difficulty changes, going forward, …

Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s Wallet

A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited to different addresses. 750 BTC Removed From Crypto Pyramid Finiko Wallet A …

DAY LONG NEWS ROUNDUP: LATEST NEWS 13/11/21

We are bringing you the top stories making headlines in the blockchain and crypto space on 13/11/21 so you can stay informed and ahead of the curve. Miami plans to give free bitcoins to residents, perks from the city coin The city of Miami is emerging as a top candidate in the race for establishing the largest …

Empowering the crypto community with new ways to learn and share

By Rishav Mukherji, Senior Product Manager, Coinbase Many of our customers are looking for ways to better understand crypto both as an investment and as an app platform, but it can sometimes be challenging to find relevant information at the right time. Coinbase wants the crypto community to be an active part of this education effort. …

Introducing Random Edge: The First Fair On-Chain NFT Auction Platform

Random Edge is a transparent, verifiably random, and ultimately fair NFT auction platform that offers a shot at glory for those that participate. Time and time again there have been stories of individuals making life-changing wealth with NFTs. These kinds of stories often drive people to mint as many possible NFTs during an auction/mint, hoping …

Elon Musk Sells Tesla Shares For $5B. Will He Buy Dogecoin?

News of Elon Musk selling Tesla shares has rocked the market lately. The billionaire had sold a total of 2.15 million shares valued at $5 billion on Thursday. The sale comes after a widely received poll that the Tesla boss had earlier set up on Twitter to ask the community what they think about him …

MasterCard 2021 Investment Community Meeting: A Plan To Help Crypto?

On a daily basis, things shift and news ventures emerge as old ones fade away. Older names in finance, such as MasterCard, are now finding new ways to stay in touch with the future. During an investment community meeting held on November 10th by MasterCard, an announcement and plan was laid out that is a …

Plummeting Bitcoin Exchange Reserves Show Investors Are Not Ready To Sell

Bitcoin exchange reserves are a good way to gauge investor sentiment in the market. It can show when investors are ready to sell, meaning that they believe the asset has hit an overvalued point. Likewise, it can show when investors are holding on to their bags and expecting the price of the digital asset to …

Ethereum Scarcity: After London Fork, ETH’s Supply Change Drops To Almost Zero

On-chain data shows Ethereum  supply is barely changing anymore following the London hard fork. This means ETH is becoming a scarce asset now. Following London Fork, Ethereum Supply Rate Of Change Drops To Nearly Zero As pointed out by a CryptoQuant post, ETH’s supply curve has nearly flattened now as rate of change drops to …

Will Decentraland Dominate the Metaverse? Coin Bureau Updates Price Prediction After Altcoin’s Massive Breakout

The pseudonymous host of crypto outlet Coin Bureau is sharing price analysis on altcoin MANA, the native token of virtual gaming world Decentraland. In a new video, the analyst known as Guy tells his 1.81 million YouTube subscribers why MANA is holding firm despite what he calls “an unsustainable rally” after Facebook’s recent Meta rebranding …

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