A widely followed crypto strategist and trader says massive breakouts are in sight for Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB). The pseudonymous analyst Smart Contracter tells his 177,800 Twitter followers that Bitcoin is one diagonal resistance away from printing a fresh all-time high. “It’s only a matter of time before BTC goes …
Yearly archives: 2021
Matt Damon’s Entry Into World of Crypto Signals Shift in Mainstream Acceptance of Digital Assets
HodlX Guest Post Submit Your Post News coverage of Matt Damon’s role as the spokesman of Crypto.com has been rampant. He’s the latest in a line of celebrities who have cashed in during their promotion of cryptocurrencies. First, there were the nefarious early days of John McAfee boosting coins through his Twitter account. Then there were the …
To the moon: Huobi wants to send someone to space for its 8th birthday
Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way. The company will hold a series of events as part of its eighth-anniversary celebrations, including giveaway promotions and a space travel ticket, Huobi told to Cointelegraph on Wednesday. Huobi will …
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Over 140 million people have digital yuan accounts, says PBoC head
China’s trials with central bank digital currency (CBDC) show no signs of slowing down, as the updated numbers for October 2021 were revealed at Hong Kong Fintech Week. Set out to replace cash in day-to-day transactions, the digital yuan (e-CNY) is gaining traction among individuals and corporates alike, according to the People’s Bank of China’s …
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Cryptocurrency trading platform Crypto.com to debut UFC NFTs
On Tuesday, crypto trading and payments firm Crypto.com revealed the release of the first authorized UFC nonfungible token (NFT). According to the news release, the UFC’s new NFT series will include digital collectibles such as fight night paintings, event posters, championship belts, fighter personas and avatars. On Thursday, the collection of NFTs known as “UFC 268 …
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NYSE Arca files with SEC to list Bitwise Bitcoin ETP Trust
NYSE Arca, a subsidiary of the New York Stock Exchange (NYSE) Group, wants to list and operate a trust based on Bitcoin (BTC) exchange-traded products (ETP). In a rule-change proposal with the United States Securities and Exchange Commission, NYSE Arca proposed to list shares of the Bitwise Bitcoin ETP Trust. The proposal clarifies that each …
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Cult favourite ‘Pulp Fiction’ is dropping seven Secret NFTs on OpenSea
Quentin Tarantino, the award-winning director, screenwriter, producer, author, film critic, and actor, on the heels of his lifetime achievement award at the Rome Film Festival, will auction off seven uncut Pulp Fiction Scenes as non-fungible tokens (NFTs). 🚨 NEW on @CNBC 🚨Quentin Tarantino is breaking into NFTs, thanks to Secret Network. Seven uncut scenes from …
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Crypto jobs markets gets boost as Wall Street bumper pay to attract talent
With the realization that crypto would play an invaluable role in the evolution of the financial landscape, some of the leading financial institutions in the world are now paying top dollar to recruit top crypto talents into their folds. Crypto specialists are in high demand A recent Bloomberg report has revealed that some of the …
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Inside the crypto metaverses: Are wearables the next NFT megatrend?
All the buzz seems to suggest that wearables are going to be a key mechanism for driving the love for NFTs in the metaverse. Walking around Decentraland, one Avatar can’t help but be envious of the style on display, from branded capes to a little bit of bling, wearables are certainly collectors in this virtual …
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Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO of the bank. Major Thai Bank Becoming Majority Shareholder of Cryptocurrency Exchange Thailand’s oldest …
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Fiat-to-Crypto Payment Firm Wyre Reveals All-in-One NFT Marketplace Service
On Tuesday, the San Francisco-based fiat-to-crypto and payment infrastructure company, Wyre, announced the launch of a non-fungible token (NFT) market tool that gives developers the ability to create NFT marketplaces in less than 24 hours. Wyre Claims Devs Can Build an NFT Marketplace in 24 Hours Non-fungible token (NFT) assets have been a hot topic …
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Leading African Conservancy to Raise Funds for Rhinos via Auction of Horn NFTs
Black Rock Rhino, a leading rhino conservancy in South Africa, is set to raise funds for the endangered species via the auction of rhino horn non-fungible tokens (NFTs). Auction Proceeds to Pay for Sanctuary’s Expenses In what has been billed a first, the rhino conservancy — which is home to over 200 rhinos — together …
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Connecticut jury finds crypto-related products are not securities
A Connecticut Jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict. GAW Miners investor Stuart Fraser was cleared of liability in a fraudulent operation co-opted by ZenMiner LLC on Nov. 1. “It’s the first case that we know of where a jury addressed …
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Solana secondary NFT sales reach half a billion in three months
Secondary sales volume for Solana (SOL) based nonfungible tokens (NFTs) has reached almost $500 million since the start of August. According to data from CryptoSlam, secondary sales of Solana NFTs have generated a total of roughly $497.7 million from around 348,000 transactions as of Nov. 2, with the average sale per NFT tallying in at …
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Microsoft muscles into the Metaverse with Teams updates and Xbox upgrades
U.S. tech giant Microsoft is taking the plunge into the Metaverse via updates to its Teams and Xbox gaming console services, along with a new product called “Dynamics 365 Connected Spaces.” Microsoft CEO Satya Nadella announced the firm’s Metaverse plans for Teams and Spaces on Nov. 2 during the Microsoft Ignite conference. “The Metaverse enables …
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