Ethereum’s (ETH) protocol revenue is towering over play-to-earn game Axie Infinity and other altcoin projects. ADVERTISEMENT Data from Token Terminal shows that the smart contract platform’s protocol revenue in the past 30 days reached $777 million, far surpassing those of Axie Infinity ($183.6 million), non-fungible token (NFT) marketplace OpenSea ($70.1 million), decentralized margin trading …
Yearly archives: 2021
BTC price eyes all-time high weekly close above $60K ahead of Bitcoin ETF turbulence
Bitcoin (BTC) faces a pivotal weekly close on Oct. 17 with bulls scrambling to squash final resistance before all-time highs. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView Bitcoin on the cusp of clearing final resistance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging throughout the weekend, crucially staying above $60,000. This week’s close was …
Brazilian toddler makes over 6,500% profit on her first Bitcoin holding
A 4-year-old girl has reportedly earned over 6,500% profit on a one Bitcoin (BTC) gift she received on the day of her birth. João Canhada, the founder of a Brazilian crypto exchange Foxbit, gifted 1 BTC to his newborn daughter, roughly worth $915.80. Sharing details on the event, Canhada said: “As soon as my daughter …
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Crypto traders fight in WBS Dubai for Amir Khan’s charity boxing match
The World Blockchain Summit in Dubai hosted an exhibition boxing match between top cryptocurrency traders and influencers for the WBC Crypto Belt. The fights were supported by a charity event, featuring an auction of memorabilia including digital currency assets and nonfungible tokens (NFTs). What started off as a conversation for a friendly match with a …
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Op-Ed: Crypto needs easy-to-use non-financial products
The online community is not always the most welcoming of ‘no-coiners’ (people who, for various reasons, don’t own cryptocurrency). Many people who don’t have access to technology or associate it with negative implications stay away from developing a more in-depth understanding. While some may say “have fun staying poor,” those that are interested should be …
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Digital Asset Firm Bakkt to Go Public After Completing Merger — BKKT Shares Set to Trade on NYSE Monday
The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed on the New York Stock Exchange (NYSE) on October 18. Bakkt revealed it was aiming to go public last January, and the Bakkt listing on Monday will leverage the ticker …
President of Mexico Denies Having Interest in Adopting Bitcoin as Legal Tender
The President of Mexico, Andres Manuel Lopez Obrador, denied having any interest in adopting cryptocurrencies as legal tender in the country. The statements, offered in a press conference in the National Palace this week, also confirmed that the Mexican government will keep dealing with the financial matters of the country in a traditional and orthodox …
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JMP Securities Sees Crypto Entering the Mainstream, Says Adoption Has Hit Escape Velocity
Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that “the industry is still in its formative stage.” ‘The Crypto Economy Is Entering the Mainstream’ JMP Securities recently published a …
Bitcoin Bears Getting Skittish As BTC Threatens All-Time Highs, Says Crypto Analyst Benjamin Cowen – Here’s Why
Crypto analyst Benjamin Cowen says Bitcoin bears are worried as BTC’s technicals continue to look more and more convincingly bullish. In a new strategy session, Cowen says traders that have been anticipating a bear market ever since Bitcoin corrected in May are running out of ways to justify it on the chart. ADVERTISEMENT He …
The crypto industry royally screwed up privacy
Privacy is a complicated topic. Few would argue that privacy is not important. It’s generally more interesting to talk about things that are disputable. So, the limited arguments against privacy actually make it somewhat boring to discuss and easy to take for granted. As Edward Snowden famously said: “Arguing that you don’t care about privacy …
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US Senator Lummis Thanks God for Bitcoin as Congress Discusses Raising Debt Ceiling
U.S. Senator Cynthia Lummis said, “Thank God for bitcoin,” during her speech to the Senate about raising the U.S. debt limit. “Bitcoin is not issued by a government, so it is not beholding to the debts that are run up by governments,” she explained. US Senator to Congress: ‘Thank God for Bitcoin’ Senator Cynthia Lummis …
Mark Cuban Won’t Invest in Bitcoin ETF, Prefers to Buy BTC Directly
The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that he can buy the cryptocurrency …
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Bitcoin (BTC) Price Prediction: BTC/USD in a Minor Retracement as Bitcoin Attains $62k High
Bitcoin in a Downward Correction as Bitcoin Attains $62k High- October 16, 2021 Yesterday,BTC/USD – Daily Chart Buy Bitcoin Now Since September 29, Bitcoin has been rising consistently after falling to the low of $39,678. The bulls bought the dips as Bitcoin resumed upside momentum. BTC price resumed accelerated movement as bulls breached the previous …
Bitcoin Price Prediction: BTC/USD Retreat May Be Necessary for a Recovery to $65,000
Bitcoin Price Prediction – October 16 The Bitcoin price rests above $60,500 after the retreat from levels $60,139 as further downside momentum appears to be imminent. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $69,000, $71,000, $73,000 Support Levels: $54,000, $52,000, $50,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently hovering …
Bitcoin Price Prediction: BTC/USD Couldn’t Break Above $62,000
Bitcoin Price Prediction – October 16 The Bitcoin price prediction reveals that BTC is showing signs of market correction as its price moves below $61,000 to touch the low of $60,476. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $55,000, $53,000, $51,000 BTCUSD – Daily Chart Buy Bitcoin …
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