Eric Trump predicts Bitcoin will hit $1 million, praises scarcity

Bitcoin (BTC) dipped below $39,000 on Aug. 2 in what traders had long predicted would be a necessary reaction to recent gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin needs to hold mid-$30,000 zoneData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows of $38,915 on Bitstamp Monday.After a successful weekend turned less optimistic, the…

On Sept. 19, the Play2Live streaming platform for gamers and esports fans has officially announced the launch of the open beta testing of their blockchain streaming platform to the general public.The new blockchain platform aims to let participants benefit from monetization schemes — involving streamers, viewers and esports tournament organizers. As Play2Live told Cointelegraph earlier,…

The digital NFT collective is expected to debut their pfp avatar collection, titled CloneX, later this month. 382 Total views 28 Total shares RTFKT Studios, pronounced artifact, has announced a collaborative partnership with software developer Daz 3D to leverage their technology to create immersive, three-dimensional avatars for their upcoming nonfungible token, or NFT, release, CloneX.Founded…

The Compound community approved a proposal calling for the distribution of the COMP token to all users of the DeFi protocol. 1535 Total views 38 Total shares Compound’s governance token will be available for distribution to all users of the decentralized finance (DeFi) protocol beginning on June 15.According to a June 10 tweet from Compound,…

Data shows that traders are easing back into DeFi as the top protocols register an uptick in transactions and total value locked. 2118 Total views 19 Total shares Hype cycles can work wonders for token prices and social media statistics, but they also bring increased pressure on developers to launch a functioning product that validates…

Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation. 101 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTMr. Park Mo, the vice president of Vidente, the largest shareholder of South Korean Cryptocurrency exchange Bithumb,was reportedly found dead…

The beginning of 2023 raised hopes that the blockchain industry was on the path toward recovery, but weaker-than-hoped financial performance and a bout of negative news in February have cast doubts on this outlook. However, these headwinds do not affect all sectors of the industry uniformly. Nonfungible tokens (NFTs) and security tokens have managed to…

China’s top-level internet watchdog, the Cyberspace Administration of China (CAC), published new draft regulations for blockchain-based information service providers Oct. 19.The draft, open for public consultation until Nov. 2, proposes twenty three articles for the regulation of all companies or entities providing blockchain-based information services to the Chinese public. Under the proposed rules, all such…

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…