Bitcoin will crash to $50K, 10x Research warns
According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows.
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NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already
Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021. Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the…
Ethereum’s Hearthstone Rival Sets Volume Record After Blizzard Scandal
Ethereum (ETH) based trading card game Gods Unchained has far outstripped CryptoKitties by volume after a censorship scandal involving game-developer Blizzard.As blockchain research platform Coin Metrics noted on Nov. 12, the past month has seen activity explode for the game, with interest dwarfing that of CryptoKitties at its 2017 peak.Data: Gods Unchained volume five times…
Binance exec will remain in Nigerian custody until May 17 bail hearing: Report
The question of Tigran Gambaryan’s bail in Nigeria was expected to be addressed in an April 22 hearing, which has reportedly been pushed back to May 17.
How Supply Affects Crypto’s Value, Explained
1. Are cryptocurrencies with fixed supplies a good thing or a bad thing? This is a hot topic for debate, and crypto companies have taken different approaches when creating their own assets. The world’s biggest cryptocurrency, Bitcoin, has a fixed supply of 21 million — and last April, it was confirmed that 80 percent of…
Japan’s Bitbank to set up a custody firm to facilitate institutional entry to local markets
In partnership with Sumitomo Mitsui Trust Holdings, crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian. 268 Total views 7 Total shares In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings with the goal of establishing Japan Digital Asset Trust…
Starbucks announces new NFT experience for coffee members
The nonfungible tokens, or NFTs, are minted on a proof-of-stake blockchain built by Polygon. 442 Total views 8 Total shares According to a new post on Monday, Starbucks says it will offer its U.S. members the ability to earn and buy digital collectible stamps in the form of nonfungible tokens, or NFTs. Dubbed "Starbucks Odyssey,"…
Stripe bringing back crypto payments, this time with a stablecoin
Stripe customers will be able to pay with USDC beginning this summer, president Jack Collison said, after the company canned BTC payments in 2018.
BlackRock, ARK revise Bitcoin ETF plans along SEC’s cash-only model
Major applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States are amending their filings to comply with the cash redemption model demanded by securities regulators. Investment manager BlackRock and Cathie Wood’s ARK Invest have updated their S-1 registration statements for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC).Filed