In early 2021 Bitcoin and Ether price was the center of attention as each asset seemed to hit a new all-time high every 24-hours and traders called for $100,000 BTC and $5,000 ETH. Fast forward to the present and both assets are still more than 40% down from their all-time highs and the bulls calling …
Continue reading “Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2”
On July 13, the Securities and Exchange Commission, or SEC, pushed back its decision on Wisdom Tree’s Bitcoin ETF with a request for public feedback. This request will allow members of the public to communicate their position on whether the trust should be approved or denied. The SEC’s notice stated: “The Commission requests that interested …
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Fed Chairman Jerome Powell told the House of Representatives today that stablecoins should face stricter regulations similar to money market funds or bank deposits. Powell was asked specifically about Tether, currently the most valuable stablecoin, by Rep. Anthony Gonzalez (R-OH). Tether claimed each coin was backed by a dollar, but that has been proven false; …
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Fashion and Luxury brand Dolce and Gabbana has announced the launch of an exclusive NFT collection in collaboration with UNXD — a digital marketplace powered by the Polygon Network which hopes to become an exclusive marketplace for digital luxury and culture. The fashion brand’s debut NFT collection will be named Collezione Genesi, or Genesis Collection. …
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For luxury brands, usual business and marketing practices work upside down. While other businesses aim to scale, optimize and become accessible — luxury brands are supposed to be a cold and beautiful dream, causing admiration and (rarely fulfilled) desires of ownership. Building a luxury brand takes generations of storytelling, and the skill of maintaining a …
Continue reading “Haute Couture goes NFT: Digitalization at the Paris Fashion Week”
The United Kingdom’s Metropolitan Police (Met) says it just set a new record for the largest seizure of crypto in the country’s history, breaking the previous record documented just weeks ago. According to the Met, detectives seized roughly $250 million worth of unspecified cryptocurrency. ADVERTISEMENT The seizure is the second in an ongoing investigation …
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A closely-followed analyst and trader is predicting a massive rally for Ethereum amid the prevailing bearish sentiment in the crypto markets. The pseudonymous analyst known as Credible Crypto tells his 223,500 followers that Ethereum is poised for a strong surge that can potentially take the leading smart contract platform above $3,400. ADVERTISEMENT “All things …
The European Central Bank, or ECB, joins the growing club of crypto-friendly financial institutions as it announces the decision “to launch a project to prepare for possibly issuing a digital euro.” The ECB’s official tweet noted: “We will look at how a digital euro could be designed and distributed to everyone in the euro area.” …
Continue reading “ECB is looking to design a digital euro more energy-efficient than Bitcoin”
Bitcoin (BTC) failed to crack $33,000 on July 14 as a bounce from multi-day lows delivered only modest progress. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price: Fits and starts below $33,000 Data from Cointelegraph Markets Pro and TradingView tracked another day of ranging — albeit with increased volatility — for BTC/USD on Wednesday. The …
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BlackRock, an institutional asset manager that has indirect exposure to Bitcoin (BTC), has recorded a major decline in investor demand for cryptocurrency. The company’s CEO Larry Fink declared Wednesday on CNBC’s Squawk Box that BlackRock has been seeing less crypto-related queries from investors recently, signaling a massive drop in demand for crypto. Fink noted that …
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ShapeShift, a leading non-custodial cryptocurrency exchange, is planning to open-source its platform and dissolve its entire corporate structure — an unprecedented move that underscores the company’s commitment to decentralization. Largest airdrop in history As part of its decentralization pledge, ShapeShift plans to airdrop 340 million FOX tokens to over one million users who traded $1 …
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Among some 4,000 digital coins in circulation, not all of them share the same popularity and practicality in the gambling industry. The anonymity cryptocurrencies offer, along with the high speed of transactions has long made them a great match for online gambling. The operators of the industry-recognized this early on and put great effort into …
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EOS is a next-gen blockchain ecosystem that continues to make waves for its outstanding Initial coin offering and special features. The main aim of the EOS protocol is to create a network that can process millions of transactions in the space of a few seconds. With the attention bitcoin has garnered for the crypto niche, …
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Successful crypto-focused venture capitalist Arthur Cheong is making some bullish predictions for Ethereum and the decentralized finance (DeFi) sector for the rest of 2021. Cheong, who leads crypto asset management fund DeFiance Capital, says in a new interview on the Bankless podcast that the next step for DeFi involves growing the user base and getting …
Ethereum (ETH) has enjoyed a good run so far in 2021, with its value increasing from about $1,300 at the beginning of the year, to nearly $4,000 in May. However, Ethereum’s price aside, consistent problems on the Ethereum blockchain have brought to light the anger of traders and decentralized application (DApp) developers on the Ethereum …
Continue reading “Ethereum’s London, Berlin and Shanghai forks and their role in Serenity”
