Elon has been one of the most outspoken individuals in the cryptocurrency sector, but his brother Kimbal Musk has his own set of beliefs when it comes to the digital asset class. Kimbal stated in an interview with Input Magazine that he is concerned about cryptocurrency’ negative impact on the environment. He didn’t mince words, …
Continue reading “Kimbal Musk, Elon’s Brother, Says He ‘Violently’ Opposes Cryptocurrency”
Azteco is making big moves. Their vouchers are now available in 600K new locations in Nigeria, 6K in Canada, and 28K in the U.K. Their system was already one of the most accessible ways to buy bitcoin, and now, in those countries, Azteco is basically everywhere. Better yet, clients don’t need to provide neither bank …
Continue reading “Through Azteco, BTC Available At 600K+ New Locations In Nigeria, Canada & The UK”
Now that the initial hype surrounding blockchain applications and the prolonged blockchain “winter” that followed are left behind, we now find ourselves in the middle of a “spring” that is helping organizations reimagine how they deliver value. So much so that blockchain is expected to add $1.76 trillion to the global economy by 2030, according …
Continue reading “The post-consortia era: How enterprises are embracing Web3 structures”
Blockchain analytics firm Santiment is issuing a warning to investors that top altcoin Ethereum (ETH) is at risk of falling further based on a key metric. In a new article, the market intelligence company says that based on ETH’s Market Value to Realized Value (MVRV) over a seven-day period, the second-largest crypto asset by market …
A prominent crypto trader says that leading crypto asset Bitcoin (BTC) can still retain its bullish momentum despite its latest dip. Pseudonymous strategist Rekt Capital tells his 292,000 Twitter followers that the inability of Bitcoin bulls to keep BTC above $43,000 puts the leading cryptocurrency in a position to revisit its diagonal support on the …
2022 has not been a good start for cryptocurrencies and to date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana’s (SOL) correction has been even more brutal, presenting a 48.5% correction year-to-date. Solana (blue) vs. Ether (orange), AVAX (purple), BNB (yellow). Source: TradingView Solana leads the staking charts with $35 billion …
Continue reading “Solana TVL and price drop 50%+ from ATH, but gaming DApps could turn the tables”
Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The round was led by Pantera Capital, a leading cryptocurrency-based venture capital firm. The company has now reached a reported valuation of $100 billion amidst the rise in popularity NFTs are …
The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that Mawson signed a 100-megawatt (MW) co-location agreement with Celsius Mining. Three days later, Mawson announced a 12-megawatt (MW) co-location deal with Foundry Digital. …
Continue reading “Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital”
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and …
Continue reading “NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge”
The U.S. Securities and Exchange Commission (SEC) is reportedly launching an investigation into a nascent sector of the digital assets industry over crypto asset offerings that potentially violate the law. According to a new report by Bloomberg, anonymous sources familiar with the matter say that the SEC’s probe will focus on whether or not non-fungible …
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Ukraine has received $37M in tracked crypto donations so far …
The layer-one (L1) ecosystem has received increased attention in recent months as users search for new investment opportunities in the Cosmos (ATOM), Fantom (FTM) and NEAR. Following January’s market sell-off, where Bitcoin (BTC) price dropped to bottom below $34,000, much of the L1 field has struggled to regain its momentum. Price performance of L1 tokens …
Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an actual loss incurred from the liquidity provider’s (LP) position — rather an opportunity cost that occurs when compared with simply …
Continue reading “Impermanent loss challenges the claim that DeFi is the ‘future of France’”
OpenSea sales recorded a slight decline in February. The marketplace recorded sales worth $3.65 billion as compared to $5 billion reported last month Meanwhile, Avalanche and Flow Blockchains continue to soar despite the current NFT market slump The overall trading volume of NFTs recorded a slight slump in February, after gaining wider momentum in January …
Continue reading “NFT Market Slumps As Trading On Ethereum And Solana Falls”
Coinbase’s chief executive says that the leading US-based crypto exchange platform doesn’t have plans to ban all of its Russian users, but the statement comes with one caveat. CEO and billionaire Brian Armstrong tells his one million Twitter followers in a lengthy thread that Coinbase is not looking to impose an outright ban on Russian …
