Macro, technicals and uncertainties concerning Terra’s LUNA-burning mechanism could push the price further down in April. Terra (LUNA) price slid on April 11 as a broader correction across crypto assets added to the uncertainties concerning its token burning mechanism. Bitcoin (BTC) and Ether (ETH) led to a decline in the rest of the cryptocurrency market,...Continue Reading
The outlook for the coming months is pain for risk assets, but central banks have a reality check of their own coming, say analysts. Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market toward $40,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin edges toward...Continue Reading
The bridge financing fund becomes the first UK-based company to establish such partnership with a U.S. platform. Whitehall Capital, a London-based loan provider, struck a deal with an American digital asset securities marketplace Securitize to enable its investors to hold their units as blockchain tokens. According to an April 11 announcement, Whitehall investors will be able...Continue Reading
Cameroon, the Democratic Republic of the Congo and the Republic of the Congo announced plans to adopt the TON blockchain amid the TONcoin Fund launch. The TON Foundation, an organization building on the Telegram-initiated blockchain project, The Open Network (TON), has chosen the TONcoin Fund as its official ecosystem fund. The TONcoin Fund announced on Monday...Continue Reading
Members of America’s crypto community aim to teach financial literacy by discussing Bitcoin at local meetups and neighborhood “corner classes.” Bitcoin is becoming one of the biggest buzzwords in the world. Data from a July 2021 survey conducted by analysis firm Exploding Topics found that roughly 1,700 American adults, or 89% of participants, had heard...Continue Reading
AXS price nonetheless tests a key inflection area that has historically acted as strong support. Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platform’s underlying blockchain, the Ronin Network. AXS/USD dropped to $46.69 on Monday, its lowest level since March...Continue Reading
The BTCO2 and ETH2O ETPs seek to expose investors to the world’s two most valuable cryptocurrencies while offsetting their carbon footprints. Two new carbon-neutral cryptocurrency exchange-traded products (ETPs) have been launched on the Six Swiss Exchange, bringing the total number of crypto ETPs to 155. The SIX Swiss Exchange just announced on Monday that Helveteq...Continue Reading
AC Milan says the proceeds from the NFT collection will fund the projects undertaken by Fondazione Milan, the clubs’ charity arm. 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...Continue Reading
Can anything save Bitcoin from a stocks-driven meltdown? Not everyone is bearish 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...Continue Reading
Artists and content creators are expanding the creator economy past the $100 billion mark by taking control of their brands through NFTs. Nonfungible tokens (NFT) have created an environment where artists can take control of their work and finances. Experts agree that artists and creators that tokenize their work and issue it as NFTs no...Continue Reading
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