Category: Cryptocurrency
$44,000 remains a focus overnight, but clear direction evades Bitcoin markets, and participants are nervous. 2226 Total views 25 Total shares Bitcoin (BTC) touched $44,000 a second time on Jan. 12 amid increasing divergence of opinion about whether the price bottom is “in.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro […]
A group of editors on Wikipedia, the free user generated encyclopedia, have voted against classifying NFTs as a form of art and have come to a consensus to shelve the issue until a later date. A survey and debate started on the platform at the end of December revolving around the most expensive art sales […]
“We really wanted to model ourselves off NBA Top Shot. A community that was building collective value by bringing players underneath an individual umbrella,” said LÜM CEO and Founder Max Fergus. 1085 Total views 24 Total shares U.S.-based music platform LÜM is set to announce 25 partnerships with globally known musicians as part of a […]
The Bank of America strategist stated that Solana is set to take a slice of Ethereum’s market share, due to its advantages of low transaction fees, scalability and ease of use. 249 Total views 11 Total shares Bank of America digital asset strategist Alkesh Shah has predicted that Ethereum competitor Solana could become the “Visa […]
The new NFT trading platform already seems to be making waves just days after its launch. 2088 Total views 55 Total shares Daily volume on NFT marketplace LooksRare has already exceeded $394 million following the platform’s official launch on Jan. 10. The platform was able to bring in this customer base by offering only 2% […]
The successful launch of YuzuSwap on Oasis Network suggests that demand for decentralized exchanges continues to grow following a record-breaking 2021. Source: Cointelegraph
Crypto assets are no longer on the fringe of the financial system, which raises financial stability concerns, a new IMF research argues. 6247 Total views 107 Total shares Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role of Bitcoin […]
After raising over $250 million from firms such as SoftBank last year, Brazil’s 2TM Group is expanding into Europe. 2495 Total views 77 Total shares Brazilian 2TM Group, the operator of Latin America’s largest cryptocurrency exchange, Mercado Bitcoin, is moving to expand its global footprint with a strategic acquisition in Portugal. The company officially announced […]
Almost 30,000 BTC leaves major exchanges in a single day as buyers copy miners in taking the BTC supply off the market. 5747 Total views 43 Total shares Bitcoin (BTC) investors are voting with their wallets as one-day outflows from major exchanges near 30,000 BTC. Data from on-chain analytics firm CryptoQuant shows that on Jan. […]
The future’s bright for Bitcoin according to Ric Edelman, founder of financial advisory outfit Edelman Financial Engines. 2584 Total views 40 Total shares Bitcoin (BTC) bull and Edelman Financial Engines founder Ric Edelman has made some promising predictions about the future of the seminal cryptocurrency. In an interview on CNBC program ETF Edge on Monday, Edelman […]
