Damien Hirst’s NFT project, Currency, is made up of 10,000 unique art pieces made up of colored spots on an A4 sheet of paper. The artwork is signed, numbered, and includes a hologram watermark similar to a banknote to prevent forgery. In an exciting spin, Hirst decided that owners would have the choice to either …
Monthly archives: July 2022
Biggest Movers: UNI, BCH Surge by Over 20%, Hitting Multi-Month Highs
Uniswap was trading over 20% higher in Thursday’s session as the token rose to its highest point since April. This comes as crypto markets surged on Tuesday, in the aftermath of the Fed rate decision. Bitcoin cash moved to a six week high on the news. The global crypto market cap is 6.51% higher as …
Continue reading “Biggest Movers: UNI, BCH Surge by Over 20%, Hitting Multi-Month Highs”
Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2 GDP Data Points to a Recession One of the principal agencies …
UK Law Commission Publishes Proposals to Reform Laws Relating to Digital Assets — Says Reforms Must Not ‘Stifle Development’
According to the Law Commission, the United Kingdom statutory body, digital assets play an increasingly important role in modern society and as such, the law relating to these must be reviewed. Reforming the laws will not only protect the rights of users and maximize the potential of digital assets but can potentially position England and …
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate
Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutive meeting. Bitcoin briefly rose above the $23K mark earlier in the day, with ethereum rallying to a fresh six-week high over …
UK National Crime Agency Seizes $33 Million in Cryptocurrency
The British National Crime Agency (NCA) has revealed that it has seized £26.894 million ($32.75 million) in cryptocurrency. “Criminals increasingly exploited financial technology and crypto assets” that could harm “the U.K.’s economy and institutions,” said the agency. NCA Seizes Crypto Worth $33 Million The British National Crime Agency (NCA) published its annual report 2021-22 this …
Continue reading “UK National Crime Agency Seizes $33 Million in Cryptocurrency”
ROLA Brings You the Best Predict-to-Earn Ecosystem
press release PRESS RELEASE. ROLA, a community-driven platform for the crypto industry, allows users to participate in AI-based predictions on all market aspects while leveraging real-time market insights on top of professional analysts’ knowledge. The ROLA app enables users to consume market insights while improving from the users’ votes. The algorithm thus improves from the …
Continue reading “ROLA Brings You the Best Predict-to-Earn Ecosystem”
Crypto Yet To See ‘Peak Capitulation’ According to Coin Bureau – Here’s Why
The pseudonymous host of Coin Bureau is warning that the prices of crypto assets are primed to fall further. Guy tells his 2.09 million YouTube subscribers that the recent recovery rally will likely be short-lived. “If crypto’s current price action didn’t make it clear enough, the massive purge we saw in the second quarter has …
Continue reading “Crypto Yet To See ‘Peak Capitulation’ According to Coin Bureau – Here’s Why”
SEC Loses Bid To Bar XRP Holders From Participating in Regulator’s Lawsuit Against Ripple
U.S. District Judge Analisa Torres is allowing XRP holders to remain a part of the U.S. Securities and Exchange Commission’s ongoing legal battle with Ripple. In a new order, Judge Torres allows XRP holders to retain their status as “amici curiae” in the SEC’s action against Ripple Labs Inc, but she denies them the opportunity …
Zipmex Files For 6-Month Moratorium Extension To Stall Legal Actions
Summary: Crypto exchange Zipmex has moved to delay creditors in Singapore from pursuing legal actions against the platform. The trading service filed five separate moratorium applications to this effect. Moratoriums of this nature usually give a 30-day extension but the exchange is after a 6-month extension. The crypto exchange supposedly requires time to address its …
Continue reading “Zipmex Files For 6-Month Moratorium Extension To Stall Legal Actions”
Cardano Leading Bitcoin, Ethereum, Polkadot and Two Altcoins in One Metric: Analytics Firm Santiment
Crypto analytics firm Santiment is highlighting the continued growth of decentralized blockchain platform Cardano (ADA) as it outpaces several key competitors. According to a new post, the data aggregator showcases Cardano’s impressive number of GitHub repositories compared to lower numbers from layer-1 developer tool Flow (FLOW), cross-chain interoperability protocol Polkadot (DOT) and its affiliated testnet …
Binance jumps into NFT ticketing after UEFA League fiasco
Binance collaborated with Società Sportiva Lazio to launch NFT tickets for all of the sports club’s home matches at Stadio Olimpico. Following the chaos caused by counterfeit tickets in the UEFA Champions League 2022, crypto exchange Binance has launched the pilot of its nonfungible token (NFT) ticketing solution with football club Società Sportiva Lazio for …
Continue reading “Binance jumps into NFT ticketing after UEFA League fiasco”
Lido DAO: Ethereum’s biggest ‘Merge’ staker soars 400% in July — but technicals flash warning
Lido DAO (LDO) price has skyrocketed by roughly 400% month-to-date to reach $2.22 on July 28, its highest level in over two months. LDO Mergified LDO price has benefited majorly due to its association with Ethereum, the leading smart contract platform by total-value-locked (TVL) and market capitalization. Notably, LDO serves as a governance token inside …
CoinGecko open to acquisition but now is ‘too early,’ co-founder says
While CoinMarketCap was acquired by Binance during post-2017 crypto winter, the current bear market is not the right time to sell CoinGecko, its COO said. Major cryptocurrency tracking website CoinGecko is open to acquisitions, but not right now, according to a co-founder of the platform. CoinGecko has been hit by the current crypto bear market, …
Continue reading “CoinGecko open to acquisition but now is ‘too early,’ co-founder says”
Ethereum dev confirms Goerli merger date, the final update before the Merge
The Goerli merger requires node operators to update both their consensus layer and execution layer clients in tandem, rather than just one of the two. The Ethereum mainnet is just one testnet merger away from officially transitioning to a proof-of-stake (PoS) blockchain. After multiple shadow forks and testnet merges, the years-long journey has reached the …
Continue reading “Ethereum dev confirms Goerli merger date, the final update before the Merge”