Category: Cryptocurrency

Apr 11
Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop

SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish. 6099 Total views 50 Total shares Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent nonfungible […]

Apr 11
BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves return, and in classic style, BTC/USD fell in the final hours of April 10. There is a feeling of being caught between two stools […]

Apr 11
Nifty News: AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens and more

Italian professional soccer club AC Milan will be releasing its first-ever nonfungible token (NFT) project in collaboration with the BitMEX crypto exchange. Proceeds will go to Fondazione Milan, the clubs’ charity arm. The limited-edition collection will feature 75,817 NFTs, a number representative of the capacity of the club’s home ground, San Siro stadium. It will […]

Apr 11
Coinbase suspends crypto payment services days after India launch

America’s largest exchange suspended some payment services on its newly launched Indian exchange due to pressure from the local payment regulators. 5303 Total views 30 Total shares The largest United States-based crypto exchange Coinbase has stopped payment services through United Payments Interface (UPI) on its platform for Indian users just three days after its launch […]

Apr 11
Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App

Wood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users. 2249 Total views 14 Total shares Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the […]

Apr 10
There is room for the Metaverse in 2022, but the virtual space is far from perfect

It is hard to resist the vision spun to us by Meta (formerly Facebook) and other virtual world platforms. A digital utopia that can transform lives in multiple ways — whether how we socialize, work or even stay healthy — is a hard one to refuse. This is especially true when considering that these platforms […]

Apr 10
How blockchain technology is transforming climate action

The United Nations Climate Change Conference of November 2021, known as COP26, in Glasgow, Scotland urged the world to commit to curbing contributions to carbon emissions. Achieving a net-zero world in less than 30 years is causing many to turn to blockchain technology, buy carbon offsets, and spark renewed interest in carbon capture. The United […]

Apr 10
Bitcoin whales fill their bags despite warnings BTC price could fall below $40K

Bitcoin (BTC) headed toward $42,000 on April 9 after bulls failed to spark a late-week turnaround. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up 10% weekly red candle Data from Cointelegraph Markets Pro and TradingView showed BTC/USD slowly dissolving support levels in place for several weeks as the weekend began. After multiple tests of […]

Apr 10
Solana risks 35% price crash with SOL price chart ‘megaphone’ pattern

Solana market grapples with multiple bearish setups if it breaks below its key 50-week moving average. 8941 Total views 36 Total shares Solana (SOL) risks crashing 35% in the coming days as it comes closer to painting a so-called “megaphone” pattern. SOL price “megaphone” pattern In detail, megaphone setups consist of a minimum of lower […]

Apr 09
Blockstream and Block Inc to build solar Bitcoin mining facility powered by Tesla technology

The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining. 1450 Total views 85 Total shares On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site […]