The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.” CEO on Amazon Accepting Crypto Payments and Selling NFTs Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an interview with …
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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer tap out.” Michael Burry on Inflation and Fed’s Rate Hikes Famous investor and founder of …
Terra (LUNA) founder Do Kwon says that backing stablecoins with the US dollar may limit the use cases of these assets. In a new interview on CNBC, Kwon identifies the potential risks that come with pegging stablecoins, which are crypto assets backed by a reserve asset such as fiat or another cryptocurrency to offer price …
Bitcoin had finally broken past the $40,000 over the past 24 hours owing to Luna Foundation Guard’s (LFG) BTC buying spree. The price action was, however, dampened too soon as the coin after registering a hike of 7%, dipped by 4% at the time of writing. The 24-hour trading volume of Bitcoin also took a …
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On-chain data shows the Bitcoin short-term holder SOPR has broken above one for the first time since December 2021. Bitcoin Short-Term Holders Return To Profit Once Again As pointed out by an analyst in a CryptoQuant post, the BTC STH SOPR has once more broken past the “one” barrier. The “Spent Output Profit Ratio” (or …
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Uniswap’s governance token UNI has been trending to the downside following the general sentiment in the market. The token records a 2% loss during the last day as two major events take UNI holders’ attention and could suggest more downside price action for the short term. Related Reading | Uniswap Registers Yearly Low: Vital Trading Levels …
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With lots of cryptocurrency protocols in the virtual space, there’s still a need to create a balance between fiat and digital currencies. The major bridge comes on compliance and AML levels, as many people have devised their means of circumventing the necessary procedure. Wallex brings outstanding measures and is pioneering as the lead in creating …
Bitcoin is correcting losses and trading above $41,000 against the US Dollar. BTC could gain bullish momentum above $41,350 and $41,500. Bitcoin remained well bid above $39,250 and started a fresh increase. The price is now trading above $41,000 and the 100 hourly simple moving average. There was a break above a connecting bearish trend …
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MicroStrategy CEO Michael Saylor has proclaimed to shareholders of his company that his firm intends to “vigorously pursue” its reserve assets strategy to buy and hold more Bitcoin. Saylor’s publicly traded company is the largest single-wallet holder of Bitcoin (BTC) in the world with 129,218 BTC according to wallet tracker Bitcoin Treasuries. Those coins are …
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The CEO of SpaceX and Tesla is offering billions of dollars to buy one of the world’s premier social media platforms, almost sending his favorite crypto to the moon. In a new tweet, Elon Musk revealed his U.S. Securities and Exchange Commission (SEC)-registered offer to purchase Twitter for $43 billion. I made an offer https://t.co/VvreuPMeLu …
Crypto analyst Michaël van de Poppe says that Bitcoin (BTC) is approaching a final support level before it could plunge to below $30,000. In a new video, Van de Poppe tells his 165,000 YouTube subscribers that the price of the flagship crypto asset could drop even further if it falls below $38,000. “I’m calling this …
As the crypto markets consolidate, one major digital assets exchange is adding three tokens to its arsenal of altcoins. In a series of tweets, Crypto.com is announcing the addition of three little-known altcoins to its expanding digital assets list. Two days ago, Crypto.com announced the listing of Voxies (VOXEL), a retro-style play-to-earn RPG game. The …
Cointelegraph’s Joseph Hall sat down with Silvio Micali, founder of Algorand, as part of its on-the-ground coverage of Paris Blockchain Week Summit. Algorand is a blockchain that uses a pure proof-of-stake (PPoS) protocol, and the company was one of the main sponsors of the summit. [embedded content] Micali started by explaining that the blockchain trilemma — …
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With a reported net worth of more than $300 billion, Tesla and SpaceX CEO Elon Musk said he could “technically afford” to purchase Twitter outright and also had plans to change the user experience of the major social media platform. In a TED Talk held at a TED conference in Vancouver on Thursday, Musk told …
Animoca Brands, the parent company of The Sandbox, added Eden Games to its portfolio on Tuesday. Eden Games is a publisher of popular racing games including the Gear.Club and Test Drive series. Animoca hopes this acquisition will enhance its REVV Motorsport ecosystem of blockchain-based racing games on Polygon. On Wednesday, Animoca announced it is acquiring Darewise Entertainment, a Paris-based …
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