An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making. The total crypto market capitalization has been trading in a descending channel for the past 29 days and currently displays support at the $1.17 trillion level. In the past 7 days, Bitcoin...Continue Reading
Investment DAOs where crypto-rich buyers team together to back startups or make investments work based on governance rights enforced through smart contracts. What is an investment DAO? A decentralized autonomous organization (DAO) that raises and invests capital into assets on behalf of its community is an investment DAO. Investment DAOs tap into the power of...Continue Reading
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead. Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo...Continue Reading
Find out what differentiates centralized and decentralized digital networks—and which structure is right for your organization. Disadvantages of centralized and decentralized networks Censorship, limited scalability and security issues are some of the downsides of centralized networks. Meanwhile, lack of clarity, high setup and maintenance costs, and volatility are the weak points of decentralized networks. In...Continue Reading
Bitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under the radar. The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate the...Continue Reading
Decentralized technologies are playing a vital role in onboarding new investors to the crypto and Web3 ecosystem. Being in crypto is all about taking an intelligent view towards money. We know that Bitcoin (BTC) is the future, both as a store of value and also as a means of payment, as layer 2 solutions such...Continue Reading
BTC price action needs to reclaim the $29,500 mark to avoid resuming its pattern of lower lows on the weekly chart. Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. inflation print proves setback Data from...Continue Reading
Avatars in the Metaverse are slowly becoming queer-friendly as adoption grows and more projects cater to people with gender dysphoria. In the wake of the rising popularity of games like Fortnite, Roblox and Minecraft and the concept of the Metaverse, the ability of “avatars” to escape unpleasant realities, or simply have fun, is emphatically relevant....Continue Reading
Coin Center filed a lawsuit against the Treasury Department in federal district court — challenging the enforcement of Section 6050I’s reporting mandate. Coin Center, a Washingon, DC-based non-profit blockchain advocacy group, filed a lawsuit against the United States Department of the Treasury for allegedly provisioning an unconstitutional amendment in the controversial infrastructure bill. Coin Center...Continue Reading
Halfway through 2022, the BTC ATM installation numbers dropped 89.75% by May, followed by a swift recovery in June. Bitcoin (BTC) ATM installations have marked a new comeback as June 2022 saw the reversal of the five-month-long downward trajectory for the first time this year. The global ATM installations worldwide fell consistently throughout the year,...Continue Reading
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