How NFTs can boost fan engagement in the sports industry

Nonfungible tokens (NFTs) have grown a lot in popularity since the release of CryptoKitties in 2017, with the sector expected to move over $800 billion in the next two years.  Some of the most well-known use cases for NFTs are picture-for-proof projects such as the Bored Ape Yacht Club and play-to-earn gaming projects. NFTs have …

Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone

Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average in focus for July close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining $24,000 as resistance into July 30. The pair had benefitted from macro tailwinds across …

Elon Musk Fires Back At Twitter with a Counter Lawsuit

Summary: Elon Musk has filed a countersuit against Twitter over the now uncertain $44 billion deal. The lawsuit was filed late Friday, July 29th, a few hours after a Judge set October 17th as the beginning of Twitter’s case against him. Tesla’s CEO and SpaceX founder, Elon Musk, has counter-sued Twitter amidst the ongoing court …

Ripple’s XRP-Powered Cross-Border Payment Product Sees 800% Growth Despite Ongoing SEC Lawsuit

Ripple’s XRP-powered, cross-border payment product has seen massive growth in volume year-on-year (YoY) despite the company’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In the second quarter of 2022, the payment product called On-Demand Liquidity (ODL) had a 9x growth in volume YoY, according to a new market report from Ripple. …

Crypto’s ‘Dry Powder’ Indicator Just Flipped – Here’s What’s Next, According to Will Clemente

There’s a lot of dry powder in the crypto market just as Bitcoin (BTC) is showing a historical bottom indicator, according to popular on-chain analyst Will Clemente. In a new installment of the Blockware Intelligence newsletter analysis, Clemente tracks the combined market capitalization of the two biggest stablecoins, Tether (USDT) and USD Coin (USDC), relative …

Uniswap’s 80% gains in July are in danger with UNI price painting a classic bearish pattern

Uniswap (UNI) looks ready to post its best monthly performance in more than a year as it rallied approximately 80% in July, but signs of an extended pullback in the near term are emerging.  Uniswap price nearly doubles in July UNI’s price is having one of its best months ever, reaching nearly $9 on July …

Positivity blazing through a bear market: Blockchain Economy Istanbul 2022

Held at Hilton Bomonti, a fancy hotel next to a renovated and repurposed beer factory in Istanbul, the fourth iteration of the Blockchain Economy Summit 2022 (BE2022) proved to be a significant step-up compared to its pre-pandemic predecessors. The previous summit, BE2020, was held at the WOW Convention Center two years back. In addition to …

How to cash out — The rise of crypto-to-fiat

The digital asset economy continues to gain momentum globally, despite the scandals and crashes of late. It is fueling the demand for using crypto as a means of payment in the real world. Major corporations such as Meta (Facebook) and Amazon have responded by starting to build the infrastructure necessary to handle crypto payments.  Another …

Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say

Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a …

Hong Kong University of Science and Technology to Build Metaverse Campus

The Hong Kong University of Science and Technology has announced plans to build an online-based metaverse campus called Metahkust. The institution will take its first step toward this goal by building a mixed virtual reality classroom that will allow students from other latitudes to attend classes like they were in the same space. The virtual …

MaskEX Global Held the Futurization of Urban Lifestyle Summit in Dubai, UAE

press release PRESS RELEASE. The Futurization of Urban Lifestyle Summit was held in Dubai at the Jumeirah Emirates Towers on July 29, 2022. MaskEX Global — A well-known worldwide exchange, was the event’s organizer and sponsor. Throughout this seminar, MaskEX engaged with like-minded people in an open and constructive dialogue about blockchain and flat digital …

Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators

The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the greenback. The leader of a Nigerian association of bureau de change operators insisted crypto trading may be to blame for the naira’s recent plunge in value. Nigerians Converting to USD …

Binance to Sell NFT Tickets for Major Italian Soccer Club Lazio

Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters of Lazio will be able to use the tokens to also take advantage of various discounts. Lazio Fans to Buy NFT Tickets From Cryptocurrency Exchange …

Here’s How Bitcoin Can Reach $10,000,000 per BTC, According to Crypto Researcher

The crypto world is abuzz after a chart predicting an astronomical Bitcoin (BTC) price made the rounds on social media. Documenting Bitcoin shared with their 799,700 Twitter followers a chart listing store-of-value assets, making the case that BTC could perhaps reach a price tag of $10 million. The crypto enthusiast says, “Bitcoin has the potential …

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