Bitcoin (BTC) whales are making moves as over $1 billion in BTC has flowed out from crypto exchange platforms over the last 24 hours. According to data from crypto insights firm Santiment, deep-pocketed BTC investors have been making over 4,000 transactions per day this week, each over at least $1 million, after hitting a low …
Monthly archives: April 2022
While men wanted, women did: Empowering female creators with NFTs and crypto
Female artists and creators are implementing various forms of activism and social value into NFT collections, using them to combat gender inequality. With the blockchain industry growing at lightspeed, businesses are actively and, even desperately, seeking out talent; and there just doesn’t seem to be enough manpower out there. Enter women — literally around 50% …
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Bitcoin spot vs. futures ETFs: Key differences explained
The Bitcoin spot ETF does not yet exist, with crypto companies proposing various concepts to the Securities and Exchange Commission (SEC) over the years. However, a few companies have legitimized the Bitcoin futures ETF. Crypto companies have fought to legitimize a Bitcoin spot ETF in the United States for years, but the SEC has yet …
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NBA’s New Discord Server Hints at Ethereum NFTs For the Playoffs
Summary: The NBA has launched a new Discord server to promote Web3 and NFTs ahead of the playoffs The National Basketball Association has also launched a Twitter feed solely dedicated to NFTs The NBA playoffs kick off today, and the Discord server will allow its first 10k members to add an Ethereum address by 5 …
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Bored Ape Yacht Club NFT Trade Volume Up 176% in 24hrs as Total Market Cap hits $996M
Quick take: The 24-hour trade volume of Bored Ape Yacht Club NFTs has risen by 176% in the last 24 hours The total market capitalization has hit $996 million at the time of writing The floor price of Bored Ape Yacht Club NFTs has hit 109.5 Ethereum The popularity of Bored Ape Yacht Club continues …
Little-Known Ethereum Rival Surges 49% in One Week As Bitcoin and Crypto Markets Correct
One low-cap Ethereum-rival altcoin is moving in the opposite direction of most of the crypto market, partially on the news of a major celebrity partnership. While numerous crypto assets saw declining prices this week, XDB, the native token for open-source blockchain project DigitalBits, skyrocketed in value by 49.5% in the past seven days. DigitalBits bills …
Ethereum Whales Pounce on Crypto Project Backed by FTX As Chainlink, Shiba Inu and Several Altcoins Endure Outflows
The richest Ethereum (ETH) whales in the world are pouncing on one decentralized finance crypto project, according to WhaleStats. The whale-watching platform notes that in the past seven days, the top 100 ETH wallets purchased an average of more than $1.9 million worth of Serum (SRM), the utility token of the Solana (SOL)-based decentralized exchange. …
Regulations set the table for more talent, capital and building in crypto industry
Regulatory involvement in crypto is an indication of the industry’s maturity and longevity, encouraging bright ideas, minds and money to enter the space. The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe …
Binance Creates Jobs for the Youth in El Salvador To Help Tackle Gang Issues
Summary: Binance is creating jobs for the youth in El Salvador as a way of helping with gang issues in the country According to CZ, in the last two weeks, Binance has hired 7 staff, sent out 13 job offers, and posted over 50 openings President Nayib Bukele is committed to eradicating gangs from the …
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ETH’s Vitalik Doesn’t Oppose Elon Running Twitter but Disagrees With Hostile Takeovers by Wealthy People
Summary: Ethereum’s Vitalik Buterin has chimed in on the Elon Musk and Twitter saga Vitalik does not oppose Elon Musk running the social media platform However, he disagrees with wealthy people and organizations orchestrating hostile take-overs of social media firms He believes such hostile takeovers could go wrong if the buying entity is ‘ethically challenged’ …
BabyDoge unveils a decentralized exchange alongside NFT plans
BabyDoge came into the limelight in 2021 after it was mentioned by Elon Musk in a tweet. The meme coin has since acquired a significant community following, and it is still making developments to seek further growth. BabyDoge to launch a DEX Baby Dogecoin announced the launch of its own decentralized exchange (DEX) dubbed “BabyDoge …
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Kazakhstan Bitcoin miners could be subject to increased taxes
After China banned Bitcoin mining activities, Kazakhstan became the ideal location for migrating miners. However, the regulatory environment in the country is changing, and it could discourage more miners from setting base in Kazakhstan. Kazakh miners to pay more taxes On April 14, the Minister of National Economy in Kazakhstan, Alibek Kuantyrov, issued a statement …
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Cardano’s Charles Hoskinson offers to help build a decentralized Twitter
Cardano’s founder Charles Hoskinson has told Elon Musk that he’s willing to help him build a decentralized version of Twitter. @elonmusk Elon if Twitter rejects your offer, then hit me up. Happy to build a decentralized one — Charles Hoskinson (@IOHK_Charles) April 14, 2022 This is coming after Musk submitted a $43 billion offer to …
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How Dogecoin could become the currency of the internet according to Robinhood CEO
Robinhood CEO Vlad Tenev puts together a case for how Dogecoin can become the internet’s native currency. Since Robinhood added send/receive DOGE functionality, Tenev said he’s been thinking about “what that would take.” Previously, critics panned the platform as a walled garden, as it did not allow the transfer of cryptocurrencies in or out of …
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Emirates airline launches NFT as it flies into the Metaverse
The United Arab Emirates’ biggest carrier, Emirates Airline, has announced that it’ll launch its own non-fungible tokens (NFT) which would be geared toward helping it improve its revenue and customer interaction. It was also revealed that the airline is planning to convert its pavilion at the Expo 2020 in Dubai into a Web3, NFTs, and …
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