August is shaping up to be a record month for nonfungible token sales with almost $900 million spent on them over the past 30 days. According to data from the tracking portal Nonfungible, $896 million has been spent on NFTs over the past 30 days. The number is very likely to exceed $900 million by …
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NFTs have had quite the roller coaster year. Spurred by the sale of Beeple’s The First 5000 days for a record $70 million, tokenized digital art was thrust into the mainstream earlier this year. A dramatic dip in sales followed, leading many to believe it was game over for NFTs. However, the past month or …
Cardano Foundation is an independent non-profit that supervises the advancement of Cardano (ADA), while protecting and promoting the protocol’s technology. The Swiss-based foundation recently announced that it has selected a major crypto intelligence and blockchain analytics provider Coinfirm to bolster the security of Cardano, while overseeing the network’s compliance with the Financial Action Task Force’s …
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By Emilie Choi, President and COO Former Facebook Global Head of Brand and Product to join Coinbase as Chief Marketing Officer, responsible for all global brand, product and performance marketing efforts. Today we’re thrilled to welcome Kate Rouch to Coinbase as our new Chief Marketing Officer, overseeing Coinbase’s global brand, product and performance marketing. Kate joins …
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Bitcoin has been moving sideways during the day after an increase in selling pressure brought back to mid-range of its current levels. The first cryptocurrency by market cap trades at $47,394 with a 5.4% profit in the daily chart. BTC with minor losses in the daily chart. Source: BTCUSD Tradingview Despite the cool off in …
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Bitcoin has once again dipped back down below its $47K resistance point. This time, the price of the digital asset looks to have turned its attention downwards. While this downward correction continues, it is important to know where this correction might lead. Price dips are not a novel concept in bull markets. In fact, price …
Continue reading “Why Breaking $49K Is Important For Bitcoin To See Another All-Time High”
Galaxy Digital has announced the launch of passive cryptocurrency indexes with Alerian. These passive crypto indexes are eight in number; they will be weighted equally and re-balanced monthly. Galaxy Digital Holdings has partnered with S-Network Global indexes and Alerian to launch eight blockchain indexes focused on crypto. Galaxy Digital Holdings Ltd is a financial services and …
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On-chain data shows stablecoins reserve has hit a new all-time-high (ATH), here’s what it could mean for Bitcoin’s price based on past patterns. Stablecoins All Exchanges Reserve Achieves New ATH As pointed out by a CryptoQuant post, the all exchanges stablecoins reserve has spiked up and reached a new ATH. Past pattern of the indicator …
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NFTs and the sports industry are a match made in heaven: Rario connects the two with an exciting new NFT marketplace The world of NFTs, blockchain gaming and digital collectibles is once again exploding, with world-renowned artists, musicians, sports clubs and celebrities flocking to the space to catch a piece of the action. Top auction …
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Jim Cramer, the host of CNBC’s “Mad Money” has recommended buying Coinbase stock, and suggested that 5% of investment portfolios should be allocated to cryptocurrency. Cramer made the comments in the Lightning Round on Aug. 25 in response to a caller who asked whether buying Coinbase stock was a good way to get crypto exposure. …
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. After enforcing global KYC requirements for all users, Binance’s dominance in CeFi has slipped from about two-thirds to just over one half, according …
Cryptocurrency strategist and trader Scott Melker is analyzing how the price of Bitcoin may move over the coming days and weeks. Melker tells his 78,000 YouTube subscribers that Bitcoin (BTC) will likely face strong resistance just above the $50,000 level. The cryptocurrency analyst argues that the resistance level coincides with a key Fibonacci indicator number. …
Banking behemoth Citigroup is reportedly working to offer its institutional clients Bitcoin (BTC) futures trading services. Citing an unnamed source who is familiar with the matter, Bloomberg reports that Citigroup is waiting for regulatory approval to start trading Bitcoin futures. Powered by CME Group, the world’s largest financial derivatives exchange, the Bitcoin futures contract is …
The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug. 26 as an early morning attempt by bulls to push the price of Bitcoin to $50,000 was soundly rejected. Data from Cointelegraph Markets Pro and TradingView shows that following its rejection, the price of Bitcoin slid to …
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Bitcoin Price Prediction – August 26 Today, the Bitcoin price prediction is currently falling with close to $46,000 drop at the time of writing. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $54,000, $56,000, $58,000 Support Levels: $42,000, $40,000, $38,000 BTCUSD – Daily Chart Buy Bitcoin Now At the time of writing, BTC/USD …
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