Everyone has been critical of the NFT industry at one point and bout its future potential as a whole new industry. However, it is very evident that the sector is growing at a very quick rate. It is steadily under work to position itself as a recognized blockchain category with actual fundamental value going forward. …
Continue reading “Pudgy Penguins may overtake BAYC by trade volumes. See why”
As coin demand increased, the Cosmos (ATOM) Coin maintained its previous-day upward rally and was still flashing green above the $12.00 level. At the same time, the Cosmos token reached a high of $12, nearly 16% higher than the previous week’s low. It is now the world’s 24th largest cryptocurrency, with a market cap of around …
Continue reading “Cosmos (ATOM) Cuts Through Key Resistance – Targeting $15”
Ethereum blockchain is slated for one of the biggest updates since its inception, as it will transition to a proof-of-stake (PoS) mining consensus from its current proof-of-work (PoW) one. The Merge date is scheduled for Sept. 15, after the successful Goerli test net integration — the final test net merger before the actual transition. Ether (ETH), …
Continue reading “ETH whales move holdings onto exchanges before Merge”
Cryptocurrency adoption in Russia has not been moving too fast as an overwhelming majority of Russians have apparently not ever bought crypto, according to a new survey. Switzerland-based cryptocurrency wallet provider Tangem has conducted a poll to learn more about cryptocurrency investors in Russia, local news agency Kommersant reported on Thursday. As many as 72% …
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A judge in the Netherlands ruled that Tornado Cash developer Alexey Pertsev has to stay in jail for 90 more days while waiting for charges. Puzzled by the decision, the crypto community rallied to demand the release of the developer. In a Tweet, crypto investo Ryan Adams argued that the developer did something good for …
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A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members. The firm filed a motion with the United States Bankruptcy Court on Aug. 2 seeking approval for its Key Employee Retention Plan (KERP) which entailed $1.9 million worth of payments to 38 …
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BitBoy has dropped his defamation lawsuit against Atozy. The YouTuber was sorry that the case had become public and that it was misconstrued. Atozy intends to return all the funds donated to him once the lawsuit has been officially dropped. YouTube crypto personality BitBoy, who also goes by the name Ben Armstrong, has dropped his …
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Coinbase launches a new token called Wrapped Ethereum Staking or cbETH The token comes with a diverse set of use cases in the broader liquid staking ecosystem Coinbase has unveiled its own liquid staking token dubbed cbETH ahead of the highly anticipated Ethereum merge. Coinbase Launches Its Own Liquidity Staking Token According to Coinbase, the …
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Ben “Bitboy” Armstrong in a recent video, unofficially called off his lawsuit against Erling “Atozy” Mengshoel, after the lawsuit went public and raised $200,000 in Atozy’s defense. Bitboy said all he wanted was for the defamatory video to be taken off, and never intended to make it a public case. He said: “If I knew …
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Coinbase has launched a liquid token for its users who staked their Ethereum (ETH) on its platform called cbETH, according to an August 24 announcement. Coinbase will add support for Coinbase Wrapped Staked ETH (cbETH) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds will be lost. …
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Satoshi Action Fund CEO Dennis Porter proposed a radical alternative to President Biden’s student debt forgiveness plan. Instead of forgiving $10,000 in student debt, Biden should have given each person $10,000 in #Bitcoin, locked up for 10 years in a smart contract that pays off the remaining balance of the student debt once it’s released. …
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The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $21,684.23 and BTC market dominance is %. The price of Ethereum is $1,701.48 and ETH market dominance is %. The best performing cryptoasset sector is Deflationary, which gained 145%. Go to Source
Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are said to be the countries more affected by this phenomenon, and their recovery will depend on other factors to attenuate the effects …
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There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this is member states’ delays in meeting targets as set out in the roadmap. Attainment of Single Regional Currency a Top Priority …
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Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of over $325 million during the same period, now ranks as the crypto exchange’s second-largest African market, and fifth overall. Financial Exclusion Driving P2P Bitcoin …
