Decentralized exchange dYdX’s native token DYDX surged by nearly 80% this week as traders assessed its potential against China’s recent ban on crypto transactions. The DYDX price hit a new high of $26.50 on the FTX exchange after trading at around $13 a week ago. The China ban was an apparent boost for the dYdX …
Continue reading “DYDX gains 80% in a week — What’s driving the DEX token rally?”
The National Bank of Ukraine, the country’s chief monetary authority, has recently taken to professional social network LinkedIn to promote its blockchain developer job opening. The ad was published by the director of NBU’s IT department, Vladimir Nagornyuk. The ad goes on to list “development, implementation and modification of infrastructure services […] and distributed systems” …
Continue reading “Ukraine’s central bank seeks to hire a blockchain developer, job posting reveals”
Crypto market analyst Justin Bennett is giving an update on his outlook for Cardano (ADA), Litecoin (LTC), and Polkadot (DOT). Bitcoin has been selling off gradually since topping out just under $53,000 in early September. Bennett expects lower altcoin prices in the short term as BTC looks for stability. ADVERTISEMENT Starting with Cardano, the …
Nonfungible token marketplace OpenSea is once again listing the Polygon-based copy of CryptoPunks after a successful Digital Millennium Copyright Act counter notice. In a Sept. 28 announcement on Twitter, the PolygonPunks project said its nonfungible token, or NFT, collectibles were back on OpenSea after responding to a DMCA takedown notice from Larva Labs, the creator …
Continue reading “Cloned CryptoPunks are back on OpenSea marketplace after DMCA counter notice”
“Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph. Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for the DeFi space. Polygon will play a major role in ensuring the long-term success of Ethereum through its scalability solution. …
Ripple Labs is launching a fund for creators, marketplaces and brands to explore new use cases for nonfungible tokens, or NFTs, on its ledger. In a Wednesday announcement, Ripple said the $250 million fund would be focused on accelerating adoption in the crypto space by working with nonfungible tokens, or NFTs. The platform said it …
Continue reading “Ripple launches $250M fund for NFT creators”
For years, the narrative surrounding Bitcoin (BTC) has been one which has portrayed the digital asset as being a hedge against monetary inflation. This is because inflation figures have been on the rise across the board over the last couple of years thanks in large part to governments printing copious amounts of their local fiat …
Continue reading “Bitcoin yet to prove inflation hedge status, but the time may come soon”
A Morgan Stanley investment fund is doubling the number of Grayscale Bitcoin Trust (GBTC) shares it holds. A filing with the U.S. Securities and Exchange Commission (SEC) shows that the Morgan Stanley Europe Opportunity Fund (EUGAX) increased the number of GBTC shares by 105% from the end of April to late July of this year. …
Bitcoin is long overdue for a “FOMO rally” to new all-time highs that could touch $200,000 or more, say one of its oldest investors. In an interview with Bloomberg on Sept. 29, Bobby Lee, former CEO of exchange BTCC, cast aside any suggestion that the price of Bitcoin (BTC) was in trouble. Lee: Bitcoin has …
Continue reading “Bitcoin ‘FOMO rally’ long overdue that could see BTC price top $200K — Bobby Lee”
Cool Valley, Missouri, a small town of about 1,500 in the St. Louis County area, found itself the subject of international attention recently after its mayor, Jayson Stewart, announced that he planned to give each resident up to $1,000 in Bitcoin. Stewart, a passionate environmentalist who spent years cleaning up the world’s oceans and ran …
Continue reading “Cool green mayor giving a grand in Bitcoin to each resident”
Talisman, a Polkadot Web3 wallet platform, has raised $2.35 million from early backers including Hypersphere Ventures, Koji Capital and Advanced Blockchain AG as well as several anonymous Flex Dapps investors. According to an announcement issued on Wednesday, with the funding round closed, Talisman is looking to launch a wallet extension by Nov. 22. Billed to …
Continue reading “Polkadot Web3 wallet Talisman closes $2.35M seed funding round”
Copernic Space and Lunar Outpost are set to launch a public sale for tokenized payload space in a lunar lander headed for the moon in Q4 2022. According to an announcement issued on Wednesday, the blockchain space outfit Copernic Space and space robotics company Lunar Outpost will sell the payload space aboard the craft in …
Continue reading “Copernic Space and Lunar Outpost target space commercialization via NFTs”
Popular crypto analyst and trader Michaël van de Poppe is plotting Ethereum’s (ETH) price path to $20,000 while also predicting rallies for Chainlink (LINK) and four other altcoins. The crypto strategist tells his 424,200 Twitter followers that he sees Ethereum following its 2017 bull market trajectory. ADVERTISEMENT “Beautiful comparison between ETH 2017 and ETH …
Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC in yet another dip below $41,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher after a fresh $40,000 retest overnight. The pair had shown what …
Popular crypto analyst Benjamin Cowen says Bitcoin’s future market cycles will be defined by two key trends. The trader tells his 553,000 YouTube subscribers about a chart that tracks historical BTC market cycles from their respective bottoms. He believes the chart is likely to reveal a lot about future patterns for the largest crypto asset …
