Visa got itself a fancy new Twitter avatar this August, and even though it didn’t stay up for long, the 8-bit-styled picture of a visibly unamused woman with a stylish mohawk still made dozens of headlines. It was not just about the relatively hefty price tag of $150,000. The mere fact that the financial giant …
Continue reading “NFT art will never be mass-market — NFT licenses may be”
The creators of popular crypto asset Shiba Inu (SHIB) are issuing a warning to investors that scams involving the dog-themed meme coin are rapidly spreading across social media. The Shiba Inu team tells its 2.1 million Twitter followers that bad actors offering fake SHIB giveaways, airdrops, gifts, and bonuses are rapidly proliferating their scams over …
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lyn Alden Schwartzer, founder of Lyn Alden Investment Strategy, which provides an investment research service for both retail …
Continue reading “6 Questions for Lyn Alden Schwartzer of Lyn Alden Investment Strategy”
A popular crypto strategist and trader is mapping out the levels where Polkadot, The Sandbox and three other low-cap altcoins could bounce and potentially carve out bottoms. The crypto analyst known in the industry as Altcoin Sherpa tells his 152,600 Twitter followers that interoperable blockchain Polkadot (DOT) might see an influx of demand once it …
People have talked in glowing tones about the transformative properties of blockchain since Satoshi Nakamoto launched Bitcoin (BTC) back in 2009 — books have been written, thousands of panels and presentations have complemented its prospects, costumed Bitcoin maximalists have flaunted their newfound wealth. Despite these commendations, the transformation has been slow. However, whether the delay …
Continue reading “New tribes of the Metaverse — Community-owned economies”
Bitcoin (BTC) hovered around $54,000 on Nov. 28 as the upcoming weekly close showed signs of hitting two-month lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buyers keen at $53,000 Data from Cointelegraph Markets Pro and TradingView followed a quiet 24 hours for BTC/USD after Friday’s $6,000 red candle. Although quiet into Sunday, the pair nonetheless …
Continue reading “Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K”
On Oct. 19, 2021, the ProShares Bitcoin Strategy ETF (BITO) launched on the New York Stock Exchange. On its first day, the exchange-traded fund (ETF) saw an influx of close to $1 billion in natural volume and, within 24 hours, Bitcoin (BTC) itself would reach a new all-time high for its price in U.S. dollars. …
Continue reading “US Bitcoin ETF favors Australian approval, but Aussies need to go further”
Widely followed crypto analyst Pentoshi says that an Ethereum rival is jostling for new all-time highs as ETH also looks ready to fly in its Bitcoin pair. The pseudonymous analyst tells his 375,000 Twitter followers that the chart for Ethereum-scaling solution Polygon (MATIC) is hinting at a sizeable price spike. “Not sure if this has …
While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to attract investors, new data reflects a change in sentiment as Ethereum (ETH) and other cryptocurrency products pick up steam against falling Bitcoin assets under management (AUM). The Bitcoin AUM market fell 9.5% to $48.7 billion in November, marking the year’s largest month-on-month …
Continue reading “Bitcoin AUM falls 9.5% to record largest monthly pullback since July”
Sam Bankman-Fried, the founder of the crypto exchange FTX, is optimistic about Solana (SOL). He believes that Solana has the potential to scale to Bitcoin’s (BTC) mass adoption level. Bankman-Fried added that Avalanche (AVAX) also has the potential to climb to the top. He also believes Solana is better than ethereum as it’s one of …
Continue reading “Solana Could Become The Next Bitcoin, According To FTX’s Sam Bankman-Fried”
Australia remains outstanding with its increased swing and adoption of cryptocurrencies by the populace. Despite its volatility, the popularity of digital assets has triggered more investment moves towards this financial asset. Joining in the train of crypto investment within the country is the Retail Employees Superannuation Trust (Rest Super). By its indication to invest superannuation …
Continue reading “Australian Super Rest Retirement Fund To Invest In Cryptocurrencies”
Phemex has come back with its popular Phemex Trader’s Arena trading competition. The previous 2020 edition of the competition saw traders win over 100 Bitcoin. The fourth edition of the anticipated trading competition promises to be exciting with massive rewards. This time around, Phemex has upped the stakes. The crypto exchange is calling on all …
Continue reading “Phemex IV Set To Begin With $750,000 Up For Grabs”
Leading Venture funds including Exnetwork Capital, CSP DAO, STC Capital, Oracles Investment Group, MoonBoots, Leos Ventures, Global Key Investment, and Aza Groups, have successfully led a funding round for MINE Network. A group of strategic partners including Skyrim Finance, Kylin Network, Charged Particles, and FOMO Chronicles also supported the round, to help MINE Network raise …
Bitcoin (BTC)-based investment products are facing strong competition from altcoin-based products, according to cryptocurrency data company CryptoCompare. The crypto data firm says in a new report that the investment products based on Litecoin (LTC) and smart contract blockchain Solana (SOL) had better returns than those based on BTC over the 30-day period leading to November …
El Salvador is buying the dip again as the price of Bitcoin (BTC) suffers through a pullback. The country’s president, Nayib Bukele, tells his 3.1 million Twitter followers that El Salvador is purchasing 100 BTC “at a discount.” El Salvador just bought the dip. 100 extra coins acquired with a discount 🥳#Bitcoin 🇸🇻 — Nayib Bukele …
Continue reading “El Salvador ‘Buys the Dip’ Again and Purchases More Bitcoin Amid Price Pullback”
