The co-founder of the streaming giant Twitch is launching a new crypto project focused on gaming non-fungible tokens (NFTs). Digital entrepreneur Justin Kan, who also co-founded the law-tech company Atrium, says his new project Fractal will serve as a marketplace for gaming NFTs. Explains Kan in a new announcement, “Our mission is to create an …
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The chief executive of financial services giant DeVere Group is predicting that the crypto market will recover due to deep-pocketed investors buying the dip. After accurately predicting the latest macro market correction, CEO Nigel Green tells Business Leader in a new interview that he foresees Bitcoin (BTC) reaching $100,000 sometime during the first half of …
Two members of the U.S. Securities and Exchange Commission (SEC) are saying that the body’s recently released regulatory agenda fails to address the crypto sector adequately. SEC Commissioners Hester Peirce and Elad Roisman say in a joint statement that the SEC’s Regulatory Flexibility Agenda for the US securities markets “comes up short” as the agenda …
The CEO of crypto exchange Kraken says that it’s working on creating a new non-fungible token (NFT) platform as it monitors the blossoming metaverse sector. In a new interview with Bloomberg Technology, Kraken chief Jesse Powell says that the rising popularity of NFTs and virtual worlds this year is something the exchange has noticed and …
United States Federal Reserve chair Jerome Powell hinted that though the government agency should consider monitoring developments in the crypto space, he didn’t see cryptocurrencies as a financial stability concern for U.S. markets. Addressing a question on crypto from Michael Derby of the Wall Street Journal on Tuesday, Powell supported the conclusions of a report …
Bitcoin (BTC) climbed by over $2,000 on Dec. 15 as markets quickly reacted to news that the United States Federal Reserve would raise interest rates and curtail its bond-buying program starting in 2022. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Kind of what we were thinking” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting …
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Investing in the cryptocurrency market is frequently complicated, especially for investors who are accustomed to regular investment markets. This is due to the fact that investing directly in cryptocurrency necessitates the use of new technology, tools, and the adoption of some novel concepts. If you decide to dip your toes into the Crypto Currency realm, …
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The current bearish price action of Bitcoin (BTC) looks different from BTC’s May collapse in a number of key ways, according to on-chain analyst Will Clemente. Clemente tells his 470,600 Twitter followers that “strong hands,” meaning entities who historically take in and hold more than 75% of their BTC, are currently buying from “weak hands,” …
CoinLoan, an Estonia-based crypto fintech startup, plans to offer CLT purchase packages. Raised funds will be used to support CoinLoan development and community, expand the team and open offices around the world. CLT is CoinLoan’s native token built on ERC-20 standard and utilized for operations within the platform’s ecosystem. The maximum supply stands at 22,000,000 …
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NFT marketplace Rarible officially launched its integration with proof-of-stake blockchain Tezos pm Thursday. This collaboration will allow Rarible to feature Tezos NFTs on its marketplace and support secondary sales of live Tezos projects while enabling users to mint low-fee NFTs. Rarible’s integration with Tezos marks the third layer 1 blockchain supported by the platform, alongside …
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On Wednesday, the Interchain Foundation, a Swiss non-profit serving as a steward of the Cosmos (ATOM) ecosystem, announced the launch of Gravity Bridge as built by decentralized internet service provider Althea. Gravity Bridge enables the transfer of ERC-20 tokens between Ethereum (ETH) and Cosmos blockchains. During its initial stages, Gravity Bridge will operate as a …
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On Wednesday, Thirty Five Ventures, a venture capital firm co-founded by NBA star Kevin Durant and sports manager Rich Kleiman, announced a business partnership with Coinbase. Under the agreement, Thirty Five Ventures will work jointly with Coinbase to create nonfungible tokens, or NFT, drops, storytelling content about NFTs and crypto, as well as showcasing Coinbase’s …
The Advertising Standards Authority, or ASA, the United Kingdom’s independent advertising regulator, has taken down another batch of cryptocurrency-related ad campaigns promoting several major industry firms. On Dec. 15, the advertising watchdog issued several rulings on ad violations involving six crypto-related firms including Coinbase, Kraken, eToro, Exmo, crypto broker Coinburp and Luno crypto exchange. The …
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Given the rise in popularity of cryptocurrency, it was inevitable that some merchants would take the leap into accepting it as payment. There are some challenges in accepting cryptocurrency as payment. First and foremost, there’s a difference between having crypto-enabled payments, in which you convert immediately back to USD/base currency, and keeping hold of the …
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Bitcoin’s 13-year history has been a wild rollercoaster, and along the way, they have set the stage for cryptocurrency to flourish. The history of cryptocurrency begins with Bitcoin’s history, which has come a long way in a short space of time. 2008: Bitcoin: A Peer-to-Peer Electronic Cash System Bitcoin got the blockchain ball rolling with …
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