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Nonfungible tokens may be an option for maximizing monetization and exposure for a tattoo artists’ work. Tattoos have been a universal phenomenon throughout the world for thousands of years, transcending cultural transformations and technological shifts. As the art continues to evolve, it has now taken steps into the nonfungible token (NFT) space in a bid...
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Traditional currencies are failing, and research has shown that cryptocurrencies may be susceptible to the same shortcomings. Much like a pandemic, inflation has spread throughout the world, clouding the future with dark uncertainty.  Disagreement over how to best manage soaring prices in the United Kingdom nearly caused its economy to collapse and subsequently led to...
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The bankrupt crypto lender has been accused by customers of being a Ponzi. Meanwhile, Binance’s $500 million investment in Elon Musk’s Twitter has been confirmed. Crypto lender Celsius was one of the biggest casualties of the bear market. After halting withdrawals for months due to “extreme market conditions,” the distressed lender officially filed for Chapter...
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At just 15 sats/vByte, a Bitcoin user is demonstrating just how cheap it is to send vast sums of money across the internet. Billionaires, take note. It’s one million times cheaper to send huge sums of money on the Bitcoin (BTC) blockchain. A Bitcoin user sent over 50,562 BTC ($1 billion) to an address on...
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According to the DCMS committee, NFT regulation in the U.K. is “largely non-existent,” with lawmakers planning to assess the assets ahead of a review by the treasury department. Members of the United Kingdom’s Digital, Culture, Media and Sport Committee have opened an inquiry to hear from the public on the potential benefits and risks of...
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The independent market analyst will short Dogecoin even more if Elon Musk goes ahead with his plans to add DOGE payments to Twitter. Dogecoin (DOGE) has surged nearly 100% quarter-to-date (QTD) on hopes that Elon Musk would integrate the token onto the Twitter platform. However, DOGE’s potential to continue its uptrend in the coming weeks...
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Institutional involvement in crypto, especially in Ethereum, has increased in 2022 despite the bear market, according to the latest findings of a Fidelity Digital Assets survey. Institutions’ investment in crypto has increased in 2022 despite the bear market, according to a recent survey by Fidelity Digital Assets. In particular, the amount of large investors betting on...
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Just like that, BTC price action marks its highest levels since mid-September as U.S. unemployment data hints Fed rate hikes are working. Bitcoin (BTC) passed $21,000 at the Nov. 4 Wall Street open as bulls tackled a formidable sell wall. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Sellers move aside for new multi-week highs Data...
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The blockchain developer announced it will transform into MultiversX, as it shifts focus on metaverse development and introduces three new products. The blockchain technology developer Elrond announced it will redefine itself as a new brand with a focus on the metaverse. Formerly known as Elrond, the company will move forward under the new name MultiversX...
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Centralized communication apps share one crucial feature: They crash often. Cointelegraph investigates to see if decentralization can offer a solution. Since the introduction of ICQ — the progenitor of online chat applications — the expectation from instant messaging (IM) services has never changed. Users simply want them to work, which apparently turned into a tall...
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