Bitcoin risks ‘exit pump’ on 3-month DXY highs as BTC price hits $68K
BTC’s price reached its highest level since late July, but US dollar strength is starting to undermine Bitcoin bulls’ confidence.
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Finance Redefined: The $500 million bet on ETH 2.0 making waves! June 24-July 1
Whales can be bashful and clever creatures, but when you manage to catch one in action it’s a sight to behold — consider, for instance, the single entity responsible for depositing 100k ETH into the Eth 2.0 deposit contract from 133 different addresses last week.Deposits into the ETH 2.0 staking contract have been picking up…
Defying COVID-19: Blockchain events make an in-person return
The year 2020, for most of the inhabitants of our planet, was passed in lockdowns or quarantine due to the COVID-19 pandemic; many were forced to stay at home. Social events were canceled or postponed, and entire sectors of the world economy suffered huge losses. The start of this year wasn’t any better, as governments across…
Hodler’s Digest, June 10–16: Top Stories, Price Movements, Quotes and FUD of the Week Top Stories This Week
CCN casts doubt on shutdown plans as Google appears to correct visibilityCryptocurrency news outlet CCN (formerly CryptoCoinsNews) is apparently not going through with its total shutdown, as reported earlier this week. The outlet had previously posted a note that a recent Google Core Update had led to a more than 70% visibility drop on mobile…
Stargate community proposes removal of Fantom USDC pool to mitigate risks
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal. 566 Total views 3 Total shares Stargate, the LayerZero cross-chain bridge protocol, has responded to the recent "force majeure" incident impacting Multichain and the stability concerns surrounding anyUSDC, Fantom's main USDC asset. To address these concerns…
Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
The consumer price index (CPI) data on Dec. 13 and the outcome of the Federal Reserve meeting on Dec. 14 could influence the United States stock markets and the cryptocurrency markets in the near term.Traders are likely to play it safe and not take large directional bets until the CPI print because any nasty surprise…
Spotting the Potential of NFTs in the Blockchain Gaming Industry
Polyient Games’ Craig Russo believes that the NFT market has come to represent one of the “most attractive opportunities” across digital assets. 1081 Total views 15 Total shares Non-Fungible Tokens (NFTs) are emerging as a very popular blockchain trend in gaming, as they're also now being used in the sports industry (ticketing), financial services, and…
M31 Capital launches $100M Web3 investment fund with $50M in commitments so far
The investment fund, which was founded by an early Bitcoin investor, said the current market cycle is the first time in a decade where prices and fundamentals have diverged so wildly. 232 Total views 20 Total shares Crypto-focused investment firm M31 Capital has launched a new investment fund dedicated to Web3 companies, further underscoring the…
Animoca, WeMade, Samsung Next back Web3 studio to develop open-source games
The company plans to use the funds to build a gaming ecosystem based on Libplanet blockchain technology. 31 Total views 1 Total shares Community-driven gaming firm, Planetarium Labs, has raised $32 million in Series A funding, backed by Animoca Brands, Samsung Next and WeMade. The funds will be used to build a blockchain-based gaming ecosystem…