Bitcoin ‘fully gassed’ to leave $100K BTC price behind — Analysis
Bitcoin “Choppiness Index” data is hinting at a dramatic return to trend for BTC price action.
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NFTs take on DeFi? Nonfungible tokens push to be the next crypto craze
Decentralized finance has become the center of attention throughout most of 2020, sparking talk of a renewed alt season, with many believing that mass adoption of DeFi will be coming within the next three to 10 years. Nevertheless, other sectors in the space have also been gaining traction.Nonfungible tokens are a perfect example of this.…
Sam Bankman-Fried believes even ETH 2 can’t handle DeFi’s potential growth
FTX’s Sam Bankman-Fried doesn’t believe Ethereum will be able to provide the scaling capabilities required by the DeFi sector in future. 2323 Total views 21 Total shares FTX exchange co-founder and CEO Sam Bankman-Fried believes Ethereum (ETH) is incapable of handling decentralized finance’s (DeFi) growth.Talking to Camila Russo from the Defiant Podcast, Bankman-Fried says that…
Worldcoin unveils new Layer-2 network 'World Chain'
World, formerly Worldcoin, says its World Chain will privilege verified human users over bots by giving them priority access to block space and an allowance of free gas.
Texas: Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case
The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21.Jared Rice, whom the FBI arrested over securities and wire fraud in November last year, confessed to his activities, according to an announcement by the United States Attorney for…
Taurion game’s Treasure Hunt III attracts alpha testers with token and crypto prizes
Big name games and developers donate prizes to cross-promote titles while encouraging players to load test Taurion’s alpha release. Upcoming blockchain-enabled gaming experience Taurion launches its Treasure Hunt III event on Aug 28.Participants will be competing for over $10,000 in prizes, including major cryptocurrencies, in-game currencies and rare nonfungible tokens (NFTs) from a whole host…
Intrinsic value of crypto: What is it and how to calculate it
The intrinsic value of cryptocurrencies can be calculated using Metcalfe’s Law, production costs and discounted utility models.
Bitcoin on-chain metric suggests 2017-style bull run will continue
Bitcoin's (BTC) pullback from its record high of $67,000 to below $60,000 has not deterred bulls from eyeing another peak level ahead, per an indicator that attempts to predict market bottoms and tops.Dubbed MVRV, the risk metric represents the ratio of Bitcoin's market value to its realized value — similar to the price to book…
Indian Crypto Exchange CoinDCX Secures Additional $2.5M Investment
The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. 1697 Total views 43 Total shares CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase.The investment comes shortly after the exchange’s…