Widely followed crypto analyst Justin Bennett thinks Ethereum (ETH) is gearing up for another major rally that could launch the crypto asset by nearly 400%. In a series of tweets, Bennett explains how Ethereum could rally to $20,000 by January 2022 if Bitcoin (BTC) allows for the right market conditions. ADVERTISEMENT “If $BTC breaks …
Yearly archives: 2021
The Relationship Between Sports and Tech – How Did It Evolve Over the Years?
HodlX Guest Post Submit Your Post Technology has radically changed the sports industry, helping it grow into a federated, multimillion-dollar industry in a little more than 100 years. This change includes several improvements in different aspects of every discipline, starting with apparel and clothing, to measuring systems and monetizing sports. Let’s explore the relationship between …
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PayPal co-founder Peter Thiel says he ‘underinvested’ in Bitcoin
As Bitcoin (BTC) marked a new all-time high above $67,000, PayPal co-founder and billionaire venture capitalist Peter Thiel said he should have bought more Bitcoin. Thiel spoke of cryptocurrencies, central banks and artificial intelligence (AI) during an interview in Miami hosted by policy think tank Lincoln Network, Bloomberg reported Oct. 20. “You’re supposed to just …
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AMC gets ‘hyperactive’ about crypto, CEO says it may issue its own coin
American multinational entertainment giant AMC is getting very excited about blockchain and the company’s chief executive is publicly mulling the issuance of its own cryptocurrency. During an interview with CNBC on Oct. 20, AMC chief executive Adam Aron discussed the firm’s crypto ambitions. There were no solid details but the company boss did make some …
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Nifty News: Playboy unveils 11,953 bunny avatars, Martha Stewart cooks up NFTs…
Playboy to release tokenized bunnies into the wild PLBY Group, Inc, the owners of the raunchy lifestyle magazine Playboy unveiled a new NFT project consisting of 11,953 unique 3D animated bunny avatars. According to an Oct. 20 announcement, the number of NFTs pays homage to Playboy’s founding year of 1953 and the tokens will serve …
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PleasrDAO adds $4M ‘OG NFT’ Wu-Tang Clan album to its collection
PleasrDAO has revealed itself to be the new owners of Wu-Tang Clan’s one-of-a-kind, unreleased album ‘Once Upon a Time in Shaolin’. The 74 members of the Decentralized Autonomous Organization (DAO) now share collective ownership of the album. The group purchased the sole copy of the album from the US federal government for $4 million at …
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Bitcoin futures ETF hits $1B AUM in a record-breaking two days
Since the ProShares Bitcoin Strategy ETF started trading this week, it has become the fastest fund ever to reach $1 billion in assets under management (AUM). The highly anticipated launch of the first Bitcoin futures exchange-traded fund in the United States, BITO, has resulted in a number of milestone achievements. Bloomberg senior ETF analyst Eric …
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ProShares Bitcoin ETF ‘slurped’ 8,800 BTC ($560 million) on the first day
ProShares’ debut Bitcoin Futures exchange-traded fund (ETF) has managed to attract $1 billion of trading volume on its first day. Founded in 1977, Proshares is an American provider of specialized exchange-traded funds, which assists investors in managing the associated risk factors, volatility and helps in boosting returns for maximized revenue generation. The ETF which was …
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Forever Has Fallen: Murder, mystery and digital immortality – the game of games
Back in 2018 he first had a germ of an idea to create an immersive experience with this rattling storyline. The thriller is told online through podcasts but there are clues peppered through this six-part audio feast which leads to online escape rooms, websites, easter eggs, puzzles and even interaction with the characters; the latter …
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Decentraland (MANA) to host first-ever ‘Metaverse Festival’ from Oct. 21
Bringing digital music to life in a virtual land is a celebration worth talking about. Kicking off at 8 pm UTC on October 21, the Decentraland Metaverse Festival will welcome 80+ artists across five stages in Decentraland’s all-new venue and bring the crypto community together for one massive, four-day party. The Metaverse Festival is a …
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Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’
On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate …
Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., talked about bitcoin being his preferred hedge …
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US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” …
Life After Taproot: The Coming Age Of Narratives For Bitcoin Innovation & Governance
Taproot is the first change to Bitcoin since 2017. It will introduce Schnorr signatures, Merkelized Alternative Script Trees (MAST) and a reformed scripting language known as Tapscript. Collectively, these upgrades will make the Bitcoin codebase simpler and unlock a number of new capabilities. Taproot enables key aggregation: complex multi-sig transactions will now look like uni-sig …
Animoca Brands doubles valuation to $2.2B with new $65M funding round
NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. The latest funding round was conducted at a pre-money valuation of $2.2 billion, and included backing from gaming giants Ubisoft Entertainment along with Liberty City Ventures, Sequoia China, Dragonfly Capital to …
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