Tesla and Spacex CEO Elon Musk has completed the acquisition of Twitter Inc. and reportedly fired the company’s CEO and CFO. “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square,” he said. “There is currently great danger that social media will splinter …
Monthly archives: October 2022
Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’
Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages and will surely evolve. …
Continue reading “Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’”
LD Capital Founder Jack Yi Gave a Keynote Address at BWB 2022 in South Korea: Opening of a New Era of Web3
press release PRESS RELEASE. LD Capital was established in 2016. Its main business involves direct investment and trading. It has established LD Capital X Ecological Fund, Web3 Alliance Incubation Accelerator, and Hero Group Secondary Hedging Asset Management. In the future, LD Capital’s investment in the field of Web3 will mainly focus on the Ethereum ecosystem, …
Polygon Price Could Aim For These Levels Before The Bulls Wane Off
Polygon price (MATIC) has retraced on its chart as the broader market depicted weakness. Over the last 24 hours, however, the coin has managed to move up by 0.2%. In the last week, MATIC rallied by over 14%, pushing prices to break past multiple price ceilings. The altcoin is trading sideways on the one-day chart, …
Continue reading “Polygon Price Could Aim For These Levels Before The Bulls Wane Off”
Avalanche Bulls Handle The Wheels As Avax Could Break $18.5 Resistance
AVAX’s price shows strength as it bounces from a downtrend range price rallied to a high of $18 with eyes set on $20. AVAX could rally more as the price creates more bullish bias breaking out of its descending triangle with good volume as the price could rally to $20. AVAX’s price remains strong on …
Continue reading “Avalanche Bulls Handle The Wheels As Avax Could Break $18.5 Resistance”
Why Bitcoin (BTC) Could Not Surpass Litecoin (LTC) In This Key Area
Bitcoin is slowly losing its grip on the bullish momentum it had for the last couple of days, declining by 2.7% over the last 24 hours. At press time, according to tracking from Coingecko, the alpha crypto is trading at $20,392 and is once again showing a little sign of retreat in the past few …
Continue reading “Why Bitcoin (BTC) Could Not Surpass Litecoin (LTC) In This Key Area”
Ocean Protocol (OCEAN) Breaks Out With Bullish Bias, Will $0.25 Play Out?
OCEAN’s price shows strength as it bounces from a downtrend range price rallied to a high of $0.18 with eyes set on $0.25. OCEAN could rally more as the price creates more bullish bias breaking out of its descending triangle with good volume as the price could rally to $0.25. OCEAN’s price remains strong on …
Continue reading “Ocean Protocol (OCEAN) Breaks Out With Bullish Bias, Will $0.25 Play Out?”
Polkadot Price Depreciates, Will The Bulls Be Able To Defend This Support Line?
Polkadot price has retraced on its chart over the last 24 hours. The coin has started to register sideways movement on its one-day chart. During this period, the coin lost close to 2% of its market value. In the last week, DOT registered more than 6% appreciation, which caused the bulls to gain stamina and …
Continue reading “Polkadot Price Depreciates, Will The Bulls Be Able To Defend This Support Line?”
This Layer-1 Blockchain Is ‘Narrowing the Gap’ With Ethereum (ETH) in Fight for NFT Sector: Messari
New data from crypto analytics firm Messari shows that one layer-1 blockchain is gaining ground on Ethereum (ETH) in the non-fungible token (NFT) sector. According to a Messari report, Solana (SOL) has the second largest position in the NFT sector based upon secondary sales volume, behind smart contract platform Ethereum. But in the third quarter, …
Elon Musk Completes Twitter Takeover in Dramatic Fashion, Propelling Dogecoin (DOGE) To Continue Its Rally
Business magnate and Tesla CEO Elon Musk is adding ownership of another tech giant to his growing empire of companies, inspiring Dogecoin (DOGE) to continue the rally it sparked earlier this week. According to a new report by Reuters, the billionaire recently completed his multibillion-dollar acquisition of social media giant Twitter, starting off his time …
Popular Crypto Analyst Breaks Down Bitcoin (BTC) and Ethereum (ETH) After a Week of Positive Price Action
A widely followed crypto trader warns that king crypto Bitcoin (BTC) is still at resistance despite gaining 9% over the last seven days. Crypto analyst Michaël van de Poppe tells his 637,600 Twitter followers that BTC was rejected at the $20,800 price zone. “Bitcoin still within resistance here, as it rejects around $20,800 and [low-time frame] also …
Google Cloud Releases Blockchain Node-Hosting Service To Support Ethereum (ETH) Web3 Development
Google Cloud is launching a new Ethereum (ETH)-supported blockchain project to encourage Web3 development. The new project, called the Blockchain Node Engine, is a managed node-hosting service that aims to minimize the need for node operations, according to new a blog post from Google Cloud executives. Ethereum is the project’s first supported blockchain. Explain the …
UK Prime Minister Rishi Sunak’s win was a victory for crypto
A former investment banker turned savvy politician, Rishi Sunak has had an incredibly prolific career in just a short period of time. At only 42, he has served as a member of the United Kingdom’s Parliament, chief secretary to the treasury and chancellor of the exchequer — and now, he’s starting his tenure as prime …
Continue reading “UK Prime Minister Rishi Sunak’s win was a victory for crypto”
Terra co-founder Do Kwon faces $57-million lawsuit in Singapore
Do Kwon, the co-founder of Terraform Labs who may be facing legal actions in South Korea and the United States, is the target of a lawsuit in Singapore along with the Luna Foundation Guard (LFG) and Terra founding member Nicholas Platias. In a lawsuit filed in Singapore’s high court on Sept. 23, 359 individuals allege …
Continue reading “Terra co-founder Do Kwon faces $57-million lawsuit in Singapore”
THORChain network resumes following 20-hour chain halt
Cross-chain exchange and proof-of-bond network THORChain announced it was once again “fully operational” after an outage of more than 20 hours In an Oct. 28 tweet, the THORChain team said the network was “back online and producing blocks” and had reenabled trading. The network was halted on Oct. 27 after the team said a bug …
Continue reading “THORChain network resumes following 20-hour chain halt”