While Twitter users may be more crypto-native, that doesn’t mean they’re going to win in the NFT arena. The nonfungible token (NFT) industry has experienced some market turbulence over the past few months, but this hasn’t stopped both Twitter and Instagram from making moves into an industry that some estimate could be worth $231 billion...Continue Reading
Decentralized social media platforms could provide the potential for users to own their content, and data, and make decisions about monetization. Talk of decentralized social media platforms continue to gain significant traction, with users becoming increasingly concerned with the centralized nature of traditional platforms and the potential for censorship. Even the former CEO of Twitter,...Continue Reading
According to Celsius, Touzi Capital made the best offer for the mining rigs following discussions with “several brokers and market participants”. The mining arm of crypto lender Celsius Network has issued a notice for the sale of $1.3 million worth of mining equipment as part of its bankruptcy case. In a Jan. 11 filing with...Continue Reading
Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun. Bitcoin (BTC) rose above $19,000 on Jan. 12, the highest level since Nov. 8. Although a bull market may not start in a hurry, Glassnode data suggests that the foundation for a macro bottom in Bitcoin...Continue Reading
ConsenSys plugs into liquid staking providers Lido and Rocket Pool with the launch of MetaMask Staking. MetaMask users are set to have access to Ethereum liquid staking providers Lido and Rocket Pool courtesy of a new integration unveiled by ConsenSys. MetaMask Staking will unlock the ability for users to stake Ether (ETH) through the Lido...Continue Reading
BTC price action knocks out resistance levels as $20,000 gets ever closer, but not many are convinced that the Bitcoin bull run will last much longer. Bitcoin (BTC) stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick. BTC/USD 1-da candle chart (Bitstamp). Source: TradingView...Continue Reading
Ethereum on-chain data reveals a considerable rise in the number of Ether shark addresses with weeks before its hard fork in March. Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors. Ethereum price rises above two key moving averages On Jan. 8, Ether’s...Continue Reading
With all eyes on crypto exchanges, rebuilding trust — through increased transparency, safety and effective policies — has become the top agenda for entrepreneurs worldwide. Investor sentiment has always been a critical driver in the crypto space. Both positive and negative sentiment influence ongoing trends — be they price movements, product launches or regulations. In...Continue Reading
Failure to comply with the new law could lead to a hefty fine of up to $2.7 million, ejection of profits and criminal investigation. The United Arab Emirates (UAE) has passed a new law that governs virtual assets, setting up the country’s initial regulatory regime for the cryptocurrency space at the federal level. Before the...Continue Reading
Amid Bitcoin briefly returning to above $19,000, Trezor’s new CEO Matěj Žák said there’s something more important than its price. Amid Bitcoin (BTC) seeing significant price increase so far in 2023, one industry executive stressed that there are some features of Bitcoin that are far more crucial than its price. Matěj Žák, the newly appointed...Continue Reading
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