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Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver
30.3.2021
Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile,...
Over $6B in Bitcoin Options Set to Expire Today, April Contracts Show Bets for $80K per BTC
26.3.2021
A number of options traders are betting that bitcoin prices will tap $80,000 by May 2021. Meanwhile, over 100,000 bitcoin options worth more than $6 billion are set to expire on Friday, smashing the previous record expiry seen in January. $6 Billion in Bitcoin Options Set to Drop, April Bets Target...
NFT Criticism Heightens: Skeptic Calls Tech a ‘House of Cards,’ Claims NFTs Will be ‘Broken in a Decade’
21.3.2021
On the week of March 7 through the 13th, the term “NFT” touched an all-time record high in terms of popular search queries according to Google Trends (GT). The highest score is 100 and this week, GT shows interest has dwindled a hair down to 97. Meanwhile, while the NFT hype affects...
Meanwhile In Warhammer 40K: Squeeze This Rat To Send Commands To Your Cyborg Dog
18.3.2021
Despite our pleas not to, the folks at Games Workshop keep licensing Warhammer 40,000 games. At least the next one looks pretty damn good.Read more
Record for OVR NFTs: 5,000 OVRLand Sold Every Day
15.3.2021
OVRLand is selling around 5,000 different NFTs every day. In total, OVR has sold 60,000 NFTs since its launch on November 30th. Meanwhile, the token has also reached the $1 mark. Each OVRLand is essentially an ERC721 token in which there is a 3D environment that can host games, events...
Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency’s Adoption Grows
14.3.2021
Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities...
Goldman Sachs Sees Huge Institutional Demand for Bitcoin — 76% of Clients Say BTC Price Could Reach $100K This Year
6.3.2021
Global investment bank Goldman Sachs is seeing huge institutional demand for bitcoin with no signs of abating. A survey of Goldman’s institutional clients shows that 61% expect to increase their cryptocurrency holdings. Meanwhile, 76% say the price of bitcoin could reach $100,000 this year....
‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway
5.3.2021
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal...
Dogecoin Adoption Rises: Bitpay Lets Merchants Accept DOGE, Coinflip’s 1,800 ATMs Now List the Crypto
4.3.2021
Crypto merchant service provider Bitpay has added dogecoin to its list of supported cryptocurrencies. One of its merchants, the Mark Cuban-owned Dallas Mavericks has become the first in the network to accept the meme coin. Meanwhile, a major crypto ATM operator Coinflip has made dogecoin available...
An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions
3.3.2021
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year...
Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’
25.2.2021
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI)...
Pricing Gold, Food, and Altcoins With the BTC Denominator: How to Measure an Asset’s Worth in Bitcoin
21.2.2021
On February 21, bitcoin touched a lifetime price high at $57,844 per unit after the crypto asset’s market valuation crossed the $1 trillion zone for the first time in history the day prior. Meanwhile, a number of digital assets have seen fiat values increase as coins like litecoin, ethereum...
2021 Bitcoin Price Predictions: Analysts Forecast BTC Values Will Range Between Zero to $600K
12.2.2021
As bitcoin has touched new price highs on Thursday nearing the $50k handle, people have been curious as to where the price will go in the future. Meanwhile, despite the gains so far, a number of luminaries, analysts, executives, and proponents from the crypto space believe the leading crypto asset...
India’s Central Bank RBI Close to Digital Currency Decision as Paypal Exits Indian Payments Market
6.2.2021
The Reserve Bank of India (RBI) is actively working on a digital currency and will make a decision “very soon,” the central bank has reportedly confirmed. Meanwhile, payments giant Paypal is shutting down its payment services within India. RBI Near Digital Rupee Announcement As...
Sky High Bitcoin and Ethereum Fees: While Prices Jump the Cost to Transfer Follows Suit
4.2.2021
While a number of digital currencies have seen price gains the two leading crypto assets, bitcoin and ethereum have seen transaction fees skyrocket. For instance, data shows that the median fee for a bitcoin transaction is $8.58, while the median fee is $9.35 when spending ether. Meanwhile,...
Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True Attack
2.2.2021
Following the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestock shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. Meanwhile, a number...
S&P Global: Cryptocurrencies Have Become Mainstream and Are Here to Stay, Bitcoin Reminiscent of Gold Rush
27.1.2021
S&P Global says cryptocurrencies have become mainstream and appear to be here to stay, as more companies are offering crypto services and adoption is growing worldwide. Meanwhile, an S&P analyst believes that bitcoin’s rise is reminiscent of the U.S. gold rush. S&P Global Says...
Crypto ETF Race Heats Up in 2021- Valkyrie Bitcoin Trust Files to List Shares on NYSE
24.1.2021
2021 has been an explosive year for bitcoin as the crypto asset has touched new all-time price highs as cryptocurrencies have seen increased demand. Meanwhile, a number of crypto proponents expect the first exchange-traded fund (ETF) to be approved this year as a number of firms are racing...
Ex-Real Madrid Football Player Joins a Spanish Lower Division Club in Deal Financed With Crypto
19.1.2021
In a possible first for Spanish football, DUX Internacional de Madrid, a lower division side says it has used crypto buy a new player. The player, David Barral moved to his new club after Criptan, the new club sponsor facilitated the acquisition. Criptan is a cryptocurrency trading company that...
Demand for Crypto Soars: Bitcoin Funds Break Records, Goldman Sachs Wants In
18.1.2021
Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get into the crypto space, including Goldman Sachs. High Demand for Bitcoin...