Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher. Bitcoin On the first Friday of each month, non-farm payrolls in the United States are released, and this typically sees …
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press release PRESS RELEASE. February 04th – Sydney, Australia: SIDUS HEROES, the play-to-earn, blockchain, MMORPG game, announced today that it has raised $21 million in its seed, private and public funding rounds with Animoca Brands as its lead investor with Alameda Research, Bloktopia, OKEX, Polygon, Master Ventures and other companies participating. SIDUS HEROES is the …
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably occupied by miners in the country due to its …
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Nike, a sportswear apparels behemoth, is engaging in a court battle with StockX, an online resale platform. The court battle revolves around an unlicensed non-fungible token (NFT). The company has been actively looking into the blockchains. Last year, it was reported that Nike had filed a trademark application to use its logo in the virtual …
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Meta’s plans for the metaverse have not been successful so far. The company rebranded into Meta towards the end of 2021, with plans to venture into the virtual world. The company has invested heavily in this initiative. Meta’s Q4 2021 financial results underwhelmed Wall Street, and the company’s shares dropped by 20%. Despite the poor …
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Crypto exchange Kraken says that the current price movement of Cardano (ADA) relative to its daily transaction could be a bullish indicator for the sixth-largest cryptocurrency by market cap. In a new report, Kraken says that, while ADA’s price is strongly correlated with the volume of network activities, this has not been the case since …
Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks continue volatility Data from Cointelegraph Markets Pro and TradingView followed a ranging overnight period for BTC/USD, bulls hoping for clearer validation of recent gains. After 15% daily gains the day before, …
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Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion …
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SegWit has come a long way since its first appearance during the 2015–2017 blocksize war. However, despite its relative success as a Bitcoin upgrade, crypto exchanges including Binance and Gemini are still not committed to using SegWit addresses for sending Bitcoin (BTC). Implemented in 2017, Segregated Witness (SegWit) is a soft fork upgrade that separates …
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The NFL announced officially on Wednesday that each fan who attends Super Bowl LVI in Los Angeles on Feb. 13 will receive a unique customized nonfungible token (NFT). The NFT will feature their unique section, row and seat to commemorate the game day and the Super Bowl’s return to Los Angeles for the first time in …
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The FTX cryptocurrency exchange continues to record major partnership deals that seek to boost the growth of the exchange. The exchange has secured a deal with StockTwits to allow users on the investment-focused social network to buy and sell cryptocurrencies. The FTX exchange will be integrated into the StockTwits app and allow users to trade …
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You’ve been following the world of cryptocurrencies for a while now and have educated yourself about the underlying blockchain technology? Do you feel you’re ready to make an investment in that field, but you’re not sure how to do it? Well, we have a few pointers for you right here! While investing in virtual coins …
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An Ethereum (ETH) competitor is defying the crypto market doldrums and surging this week in the wake of blooming network activity. According to a new Twitter announcement, smart contract platform and self-amending blockchain Tezos (XTZ) set a new monthly all-time high with more than six million contract calls, a measure of network activity, in January. …
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Investor-focused social media platform Stocktwits, which gained popularity during last year’s ‘retail short squeeze’ frenzy involving GameStop and AMCTheaters, rolled out its own crypto trading services on Thursday. Stocktwits has partnered with FTX.US to carry out its crypto trading services and is set to launch US equity trading next quarter. The firm further looks to …
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Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency will reportedly be issued as early as February and will be available to retail investors through cryptocurrency exchanges. The stablecoin will be linked to gold prices at …
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