A recent report has narrowed ETHPOW’s downside target to $18 if the token ever comes to life post-Merge. The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success. ETHPOW drops 80% On the daily chart, ETHW’s price dropped by more than 80% to...Continue Reading
Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open. Bitcoin (BTC) circled $21,000 at the Sep. 9 Wall Street open as newly-won gains endured. Meanwhile, the total cryptocurrency market capitalization has crossed back above the $1 billion mark. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView...Continue Reading
Instead of relying on unwieldy contracts to generate music for their products, NFTs are offering GameFi developers ways to come up with faster (and more equitable) agreements with artists. The GameFi industry has surged since 2020, with some estimating a market capitalization of $55.4 billion as of February 2022. While others have much lower estimates...Continue Reading
Quantum computing still has a long way to go before posing a threat to blockchain technology. Quantum computing has raised concerns about the future of cryptocurrency and blockchain technology in recent years. For example, it is commonly assumed that very sophisticated quantum computers will one day be able to crack present-day encryption, making security a...Continue Reading
Huobi positions its subsidiary Brtuomi Worldwide as one of the first exchanges to provide compliant crypto derivatives and trading services in the British Overseas Territory. Major cryptocurrency exchange Huobi continues to expand its global footprint by entering the British Virgin Islands, a British Overseas Territory. Huobi officially announced on Friday that it secured an investment...Continue Reading
A partnership between the two cities’ blockchain associations will aim to connect businesses and foster growth in the sector. Switzerland-based Crypto Valley Association will partner with Dubai’s Crypto Oasis to collaborate in the ongoing development of the blockchain industry in both countries. The Crypto Valley Association (CVA), based in the Swiss Canton of Zug’s self-proclaimed...Continue Reading
Tips, tricks and tribulations from the grassroots mission of two Bitcoiners who spent a day trying to “orange pill” merchants in a U.K. town. “Do you accept Bitcoin? Would you Like to?” These questions echoed around the streets of Reading, near London, United Kingdom, over a hard day’s graft for two British Bitcoin (BTC) advocates. ...Continue Reading
A total of seven mayors received the NFT awards for various initiatives they undertook to ease the lives of the public in their respective regions. The Japanese government has become one of the first to issue nonfungible tokens (NFTs) as a form of supplementary rewards to recognize the work of local authorities who have excelled...Continue Reading
Google Cloud will be an independent enterprise validator for Ronin in a node pool along with Animoca Brands, DappRadar and Nansen. While some are unable to recover from hacking incidents and have to throw in the towel, others are able to pick up the pieces, learn from their shortcomings and go at it for another...Continue Reading
A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts. Bitcoin (BTC) bounced past $20,000 on Sep. 9 as a much-anticipated “short squeeze” took hold. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC could go to $25,000 Data from Cointelegraph Markets Pro and...Continue Reading
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