Cryptocurrencies are now showing signs of being an asset class amidst growing adoption. The current trend shows that investors initially opposed to Bitcoin and cryptocurrencies have become more open towards digital assets. The action of these investors to turn towards Bitcoin comes as inflation fears grow, and these assets become tools to hedge against inflation. …
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The latest data from Goldman Sachs shows that Bitcoin has cemented its position as the go-to store of value among many investors. According to the bank’s 2021 return scorecard, Bitcoin’s returns last year outperformed all capital markets, including global indexes the S&P 500 and Nasdaq, and equities such as FAAMG. Gold, the traditional go-to store …
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In his New Year’s letter, Square Enix President Yosuke Matsuda revealed the company’s plans to focus on incorporating blockchain-based games into its portfolio. Besides getting behind the blockchain games, the major publisher indicated it is eager to participate in the emerging trends–including Metaverse and NFTs. Decentralized gaming Although Square Enix has not announced any games …
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U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls could ease America’s economic burdens. Biden Administration Blames Inflation on …
13 years ago today, the anonymous creator of the Bitcoin protocol kickstarted the network by mining the genesis block. Satoshi started the genesis block on Saturday, January 3, 2009, at precisely 1:15 p.m. (EST), and since then more than 700,000 blocks have been mined into existence. Kickstarting the Bitcoin Network Today, bitcoiners and cryptocurrency advocates …
sponsored Ertha’s Listing and TGE will be hosted on Huobi as a Prime List on the 4th of January, 2022. Listing on Huobi ensures that ERTHA Metaverse becomes the leading token in the GameFi & NFT space. Gaining a Primelist brings new levels of visibility and prestige to the project, introducing us to a wider …
The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they are mining cryptocurrency. If so, the companies should …
A deep-pocketed crypto whale with a staggering amount of Bitcoin suddenly moved over nearly half a billion dollars worth of BTC in a single transaction as the world’s leading digital asset traded around $47,000. First reported by blockchain tracker Bitcoin Block Bot, a whale who was at the time the 120th richest BTC holder in …
Bitcoin (BTC) crisscrossed $47,000 on Jan. 3 as the first Wall Street trading days of 2022 got off to a modest start. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Ethereum steals the limelight Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrow range as the week began, with traders split over …
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Alex is a writer, speaker, investor and adviser focused on the impact of emerging technologies such as blockchain and cryptocurrencies. He is the general manager of Ninepoint Digital Assets Group, an investment management services provider in the field of blockchain technology and cryptocurrency. “I think 2022 is the year of multichain. 2021 saw the rise …
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Democratic Party (DP) presidential candidate Lee Jae-myung prepares to use nonfungible tokens to raise funds for his campaign. The party will issue NFTs to those who donate money for the campaign for the upcoming presidential elections. The NFTs will contain images of the candidate and his pledges. In an interview with Yonhap News, campaign official …
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Wider adoption of nonfungible tokens (NFT) and play-to-earn games may be on the way, as one of the world’s largest gaming companies sees them as the future of the industry. Yosuke Matsuda, CEO of Square Enix, revealed the company’s intentions for blockchain and NFT spheres in his new year’s message on Saturday. In his letter, …
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In 2021 the global market for industrial robots was valued at $43.8 billion (Statista), an increase on its 2020 valuation of $23.7 billion (Robotics.Online). That is expected to rise further to $74.1 billion by 2026 (Mordor Intelligence), with a CAGR – compound annual growth rate – of approximately 20%. In this article we’ll review the …
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The president of El Salvador, Nayib Bukele, has again gone bullish on Bitcoin. Bukele recently predicted that Bitcoin could reach the coveted six-digit figure in 2021, following increased adoption. Bukele stated that in 2022, Bitcoin would gain in value and adoption in the use of the coin as a sovereign currency. Bukele is bullish on …
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“The amount lent out is paid back with interest when typical loans are sanctioned through banks. The same concept goes with yield farming: lending of bitcoin that would normally be sitting ideally in an account to produce returns,” according to the CFP, AIF, and owner of Hill Wealth Strategies, Daniel R.Hill. Thus, yield farming is …
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