The Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell intellectual property (IP), as it is copyrighted by blockchain technology. Alibaba’s …
Yearly archives: 2021
Credit Rating Agency Warns El Salvador’s Bitcoin Plan Will Hurt the Country’s Insurance Industry
Credit rating agency Fitch Ratings thinks that El Salvador’s insurance firms will be on thin ice when the country adopts Bitcoin. Fitch, one of the “Big 3” credit rating agencies, argues that exposure to the crypto asset’s volatile price action and operating risks could be a credit negative for El Salvador’s insurance companies. ADVERTISEMENT …
Dogecoin Rising: Premier League Gives World’s Favorite Memecoin Big Promo Push
A team from the biggest soccer league in the world has put the Dogecoin (DOGE) logo on their jerseys for the 2021/2022 season. Watford Football Club (FC) of the English Premier League will feature DOGE on their sleeves as part of a sponsorship deal with gambling website Stake.com, according to a report from The Athletic. …
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Ethereum Supply Under Pressure As $19,000,000 in ETH Gets Burned per Day
The daily supply of Ethereum is under heavy pressure as the leading smart contract platform now burns thousands of ETH per day. Etherchain, an Ethereum on-chain monitoring tool, shows that the second-largest crypto asset is now torching 4.23 ETH per minute, which equates to 6,091.2 ETH burned per day, worth over $19 million at time …
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Analysts say this key metric suggests an altcoin season is at hand
Bitcoin’s (BTC) 65% recovery from sub $29,500 on July 20 to a swing high at $48,200 on Aug. 14 took less than a month and helped bring fresh bullish momentum back to the crypto market and traders who were dreading the prospect of another prolon bear market. Currently, the BTC rally has stalled out near …
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Team officially re-establishes Dogecoin Foundation after 6 years
After several years of nearly total media silence, the Dogecoin Foundation is coming back to support core developers and projects benefiting the meme-based cryptocurrency. In a Tuesday announcement, the Dogecoin Foundation said it would be re-establishing itself in an effort to support the Dogecoin (DOGE) community as well as promote the future of the blockchain. …
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Fidelity’s crypto ambitions are bigger than expected: report
Fidelity’s plan to corner the cryptocurrency market appears to be more ambitious than previously imagined, as the asset manager looks to provide more institutional pathways to digital assets. In a recent interview with the Boston Globe, Chrstine Sandler, the head of sales and marketing for Fidelity Digital Assets, said institutional interest in crypto is growing. …
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Mining software appears to have cracked Nvidia’s Lite Hash Rate algorithm
The team behind mining software NBMiner claim to have partially cracked Nvidia’s anti-mining limitations. Back in June Nvidia implemented an algorithm called Lite Hash Rate, or LHR, on all graphics cards from its RTX 30 series in an attempt to curb crypto mining. The limiter works on both the BIOS and driver level detecting mining algorithms …
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Bitcoin (BTC/USD) Trade Activity Keeps in $45,000 and $50,000
Bitcoin Price Prediction – August 17The BTC/USD trade activity keeps in $45,000 and $50,000 price levels over trading sessions. The crypto’s rate of percentage is around 1.45 to trade at a level of $47,429. BTC/USD Market Key Levels: Resistance levels: $50,000, $52,500, $55,000Support levels: $45,000, $42,500, $40,000 BTC/USD – Daily ChartThe BTC/USD daily chart showcases …
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Polkadot Price Jumps 8.8% to $26.56 – Where to Buy DOT
The crypto market has been on an upward trend since the beginning of August. Some cryptocurrencies have made massive gains, while others have consolidated at specific levels. Polkadot is among the market gainers, and its rising values could see the coin make a new all-time high. Polkadot (DOT) currently ranks ninth in terms of market …
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5 Best Meme Coins for Quick Profits August 2021 Wk 3
Meme coins provide an incredible opportunity for crypto investors to turn a quick profit. Unlike cryptocurrencies such as Bitcoin and XRP that have specific use cases, meme coins aren’t exactly functional. Following the rise of Dogecoin in 2021, meme coins have been a hit in the crypto market. More investors have been open to the …
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Ripple Price Dips 8.7% to $1.18 – Where to Buy XRP Dip
Ripple has managed to make incredible gains this month following the ongoing crypto market rebound. However, it currently seems that XRP is no longer heading the charts in crypto gains, as it is currently retreating to lower levels. The recent dip could be attributed to bitcoin, which has retreated to around $45K. XRP is trading …
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Buying Bitcoin – What You Need To Know
With Bitcoin investing now available on the eToro platform for clients in the Netherlands, we would like to take this opportunity to cover some of the basics of buying Bitcoin for beginners. So, if you don’t know your Bitcoin from your blockchain, this article is here to help. Is there a Bitcoin barrier to entry? …
US lawmakers urge CFTC and SEC to form joint working group on digital assets
Two members of the United States House of Representatives have petitioned the heads of the Securities and Exchange Commission and Commodity Futures Trading Commission to work with participants in the crypto space for transparency and regulatory clarity. In a Monday tweet, Representative Glenn Thompson said he had submitted a letter with Representative Patrick McHenry to …
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Poly Network offers to on board ‘Mr. White Hat’ as chief security advisor
Decentralized finance protocol Poly Network has offered the person behind a $610 million hack an advisory position and $500,000 — whether they like it or not. In a Tuesday update, the Poly Network team said in a seeming attempt to gain access to hacker’s expertise, it would be inviting them to the position of chief …
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