Why Venture Capitalists Are Backing NFT Games

HodlX Guest Post  Submit Your Post   You may think that venture capitalists only invest in low-risk projects with a long history and a proven track record. The statement, “They would never invest in NFT games or metaverse initiatives,” no longer holds true. According to DappRadar’s most recent BGA Games Report, venture capital investment in NFT …

Bitcoin Price Eyes Fresh Upside Break After Fed Interest Rate Hike

Bitcoin price dipped a few points against the US Dollar after the fed rate hike. BTC remained supported and might eye a fresh increase above the $20,500 resistance. Bitcoin corrected further lower and tested the $20,000 support zone. The price is trading below $20,500 and the 100 hourly simple moving average. There is a major …

Bitcoin Price Sits On A Gun Powder As $20,500 Fails; Will Bears Open The Doors?

BTC’s price slowed down after showing so much strength as it rallied to a high of $21,000 but got rejected as the price rallied downward.   BTC could suffer retracement as the price breaks below the crucial support area, holding the price off from sellers with hopes of a rebound.  BTC’s price remains strong on the …

Klaytn (KLAY) Scores 30% Gains In The Last Week

Klaytn, the open-source metaverse-focused crypto, has boasted impressive gains in the last week. Just seven days back, the crypto was trading at $0.21. It also stumbled quite a bit during the week before picking momentum on Wednesday. Since then, the token has only fluctuated upward, recording an impressive gain of 30.80%. Klaytn recent pump has …

Chainlink (LINK) Continues To Shine With Over 14% Gains

Chainlink, the blockchain oracle service provider, continues to keep impressive weekly gains. The token soared with the entire crypto market, bagging over 14% gains. The last week of October has been favorable for the entire crypto market. Just a few days back, the entire crypto market cap crossed the $1 trillion mark. This bullish move …

Shiba Inu Continues To Hold Gains While Market Plummets

Shiba has piggybacked on the recent meme coin surge to keep 13% gains last week. The entire meme coin category enjoyed an upswing in the last seven days thanks to Elon Musk’s Twitter takeover. The main attention was on Dogecoin due to speculations of the billionaire adding it as a payment option on the social …

Come one, come all! Meta to bring NFT minting and trading to Instagram

Social media platform Instagram is set to introduce a number of nonfungible token (NFT)-related tools that will allow creators to mint, show and sel NFTs. Instagram parent company Meta said on Nov. 2 during its Creator Week 2022 event that the platform would allow its creators to make “digital collectibles” and sell them “both on …

JP Morgan executes first DeFi trade on public blockchain

Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi) on a public blockchain. The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of a pilot program to “explore potential decentralized finance (DeFi) applications in …

Bloomberg Strategist Says Laws of Supply and Demand To Boost Bitcoin (BTC) and Ethereum (ETH) Prices

Bloomberg Intelligence’s senior commodity strategist Mike McGlone is bullish on the top two largest cryptocurrencies by market cap. McGlone says in a new interview that the declining supply of Bitcoin (BTC) and Ethereum (ETH) amid growing adoption will lead to price appreciation for the two crypto assets. “In the top two, Bitcoin and Ethereum, there’s …

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