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Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical. In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for...
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$32,000 comes back into view at 6% gains are helped by a return to strength on U.S. stock markets. Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks could take BTC as high as $37,000 Data...
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Cardano’s previous hard forks sparked massive ADA price rallies. Will this time be different? Cardano (ADA) was among the best performers among the top cryptocurrencies on June 6 as traders assessed a key upgrade that promises to enhance its blockchain’s smart contract capabilities. Vasil hard fork FOMO Dubbed “Vasil,” the so-called hard fork event will...
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In a tweet, lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.” As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through social media.  In a Twitter thread,...
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Born out of admiration for her cat Molly, 9-year-old Amelia launched her own NFT collection Ami’s Cats last year, raising over $2,000 for charities supporting animal welfare and Ukrainian child refugees. For all the cynical narratives that circulate the mainstream zeitgeist perceiving nonfungible tokens (NFTs) as little more than means of inflating capitalistic principles, every...
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Apart from trying to get rid of cheating and bots, Stepn is also working to limit its platform’s availability for users in mainland China. Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade. Stepn took to Twitter on June 5 to report...
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McKenna shared that blockchain communities are “extremely diverse” and offer “unique perspectives and interests. Saro McKenna, the co-founder of nonfungible token game Alien Worlds and CEO of blockchain consulting firm Dacoco, shared perspectives and personal experiences regarding inclusivity within the blockchain industry in an interview with Cointelegraph.  Having experienced other male-dominated industries, McKenna shared how...
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Brewing could soon be getting the Web3 treatment, with tokens giving holders a choice in how their favorite brewery is run. Munich-based MetaBrewSociety (MBS) will soon offer voting rights on the business decisions of a physical brewery via nonfungible tokens (NFTs) and a decentralized autonomous organization (DAO). The MBS was formed in February this year...
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“Don’t have a lot of words right now. Blown away by how the community has rallied around PoolTogether Inc and myself,” said PoolTogether co-founder Leighton Cusack. No-loss lottery decentralized finance (DeFi) platform PoolTogether has reached 100% of its legal defense funding goal via the sale of NFTs. It has taken the project just ten days...
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The longest weekly losing streak in Bitcoin history is finally broken, but the mood among analysts is anything but unanimously bullish. Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history. After battling for support throughout the weekend, BTC/USD ultimately found...
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