Last week the leading luxury auction house Sotheby’s introduced its non-fungible token (NFT) marketplace called “Metaverse.” The Sotheby’s NFT marketplace has featured a number of collectible artworks including cards from the Rare Pepe card collection. Now the socialite Paris Hilton has introduced a few of her NFTs on Sotheby’s native NFT market featuring works from …
Tag archives: Bitcoin
Silta Finance – Competitive Interest Rates and Fast Due Diligence Draw Project Finance Company Towards Crypto Loans
press release PRESS RELEASE. Silta Finance, a new DeFi lending solution, challenges traditional banking sector’s predominance in project finance by announcing a partnership with the Singapore headquartered development company WEnergy Global. WEnergy Global has agreed to explore cryptocurrency lending solutions to access project finance. The company is partnering with Silta, a new startup connecting DeFi …
JPMorgan says inflation, not ETF, powered Bitcoin (BTC) to $67,000
US bank JPMorgan says the launch of the ProShares Bitcoin futures ETF is unlikely to trigger a rise in the prices of Bitcoin. They instead stated inflation as a key reason that may have helped propel Bitcoin prices to soar to new all-time highs. Strategists also claim that the current price shift in Bitcoin was …
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Exclusive: Shark Tank’s Kevin O’Leary wants to ‘own the baseline infrastructure of crypto’
Chairman of O’Shares and Beanstox, Kevin O’Leary, aka Mr. Wonderful, best known as a panelist on the reality series Shark Tank, told CryptoSlate what led him to take equity exposure to the blockchain infrastructure. O’Leary revealed why he backed Jordan Fried’s blockchain portfolio holding company, Immutable Holdings, which had a public debut in September. Democratizing …
Mariah Carey Offers Free Bitcoin Bonus to Encourage Fans to Invest in Crypto
Mariah Carey has encouraged her fans to invest in cryptocurrencies. To help them get started, she is offering $20 in free bitcoin via her partnered cryptocurrency exchange. “A portion of your trade will go toward Black Girls Code, a non-profit helping to increase the number of women of color in the digital space,” said Carey. …
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JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow shift remains intact supporting a bullish outlook for bitcoin into year-end.” …
Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars
The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing in cryptocurrencies. Thai Prime Minister Warns About Crypto Investing Ratchada Thanadirek, deputy spokeswoman for the …
Report: 26.4% of Australian crypto owners hold Cardano, while Dogecoin remains U.S. bet
Finder recently published a survey that dived into current market trends across 22 countries, uncovering which cryptocurrencies, besides Bitcoin (BTC), are driving the adoption across the globe. While publishing a definitive ranking of the most popular cryptos per country, the independent comparison platform also addressed the investor demographics, revealing that only in Mexico is crypto …
Bitcoin Futures ETF is so popular that it’s breaching futures limits set by TradFi
The first US Bitcoin (BTC) exchange-traded fund is rapidly getting close to breaching a limit on the number of futures contracts it is permitted to hold, Bloomberg reported. Just days after launch, the ProShares Bitcoin Strategy ETF (BITO) already owns nearly 1,900 contracts for October, and Chicago Mercantile Exchange (CME) limits the number of front-month …
Analysts say these reasons were behind Shiba Inu’s (SHIB) 300% rise last month
Shiba Inu (SHIB) price saw another impressive recovery on Monday, as Elon Musk tweeted dog text art and whale transactions stacked up. Is another dramatic spike, similar to the one in May, in the stars for the Dogecoin killer? The handler “This week shows that retail fervor is returning to the market, which could bode …
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Cosmos bridge Inter-Blockchain Communication (IBC) is now live on Terra (LUNA)
On October 21, the Inter-Blockchain Communication (IBC) protocol went live on Terra (LUNA) mainnet. Tendermint’s protocol enables sovereign chains to communicate with each other while allowing the transfer of tokens between Cosmos (ATOM) and other IBC-compatible blockchains. By further increasing the network’s interoperability capacity, IBC is expected to significantly boost Terra’s use case, unleashing UST …
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The NFT Magazine Project Plans to Drop a Periodical in the Form of an NFT on Ethereum
On November 2, a non-fungible token (NFT) magazine is coming to the Ethereum blockchain called “The NFT Magazine” — a periodical publication containing articles and illustrations in the form of an NFT. The project, promoted by Advtech IT Solutions, has partnered with members of the Zilliqa, Algorand, and Bitcoin Cash blockchain communities, alongside Art Rights, …
Mining Firm Titan Introduces Lumerin, a Project Aiming to Commodify Bitcoin’s Hashpower
On October 21, the bitcoin mining pool operator Titan revealed a new decentralized hashpower routing protocol called Lumerin. The open-source project aims to commodify bitcoin’s hashpower “through smart contracts, making hashpower tradable.” Bloq’s Mining Arm Titan Announces the Lumerin Protocol The bitcoin mining operation Titan, a subsidiary of the company Bloq Inc., has announced its …
Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle
The price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top. On October 20, cryptocurrency market analyst Justin Bennett discussed bitcoin’s possible price floor after it reaches the top. Bennett suggests the end of this …
Op-Ed: The merging of decentralized and traditional finance is inevitable
When Decentralized Finance, or DeFi, first came on the scene a few years ago, it was more of a curiosity, and certainly didn’t pose any form of serious competition for traditional finance. However, in 2021, that is changing fast. Now, DeFi is becoming a major player in the economic world, and big names are starting …
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