Fed rate cuts are not a sure thing — What does this mean for Bitcoin?
A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks.
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Minting, distributing and selling NFTs must involve copyright law
Everyone is wild about nonfungible tokens (NFTs). The first half of 2021 alone saw NFTs from Andy Warhol, NFTs of the code for the World Wide Web, the first-ever Tweet and, of course, the famous $69 million NFT sale of Beeple’s “Everydays.” Whether this explosive rise of NFTs is a flash in the pan or…
Mike Novogratz: Bitcoin Will Stabilize Between $10,000 and $14,000
Galaxy Digital founder and crypto enthusiast Mike Novogratz has predicted that Bitcoin’s (BTC) price will stabilize between $10,000 and $14,000, in an interview with CNBC on June 27.Delivering his comments on CNBC’s Squawk Box show, Novogratz forecast that the leading digital currency will consolidate in the corridor between $10,000 and $14,000. Referring to Facebook’s entry…
Elon Musk swaps Twitter avatar for a horde of Bored Apes, BAYC floor price surges 10 ETH
The development has caused a stir in the NFT community, with some saying Elon Musk made a collage of bored apes on his avatar to troll NFT owners. 890 Total views 48 Total shares Fresh from bidding to Purchase Twitter, Elon Musk, the billionaire CEO and founder of Tesla, sparked a stir on the social…
MicroStrategy CEO says ‘Bitcoin scales just fine as store of value’
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The rise of AI and the impact it could have on the music industry
Artificial intelligence (AI) has exploded into popular culture, and the music industry is not immune to its impact. From songwriting and music production to marketing and distribution, AI is revolutionizing all aspects of this beloved art form. The way music is created, consumed and monetized feels as though it is on the cusp of a major…
Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near
Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly dropping below $34,000 on Sunday after choppy behavior at the start of the weekend.A comedown from resistance at near $40,000…
Bitcoin $59K price may swing 'drastically’ amid election year parallels
If Bitcoin follows the same pattern as previous election years, August will be "nothing crazy," but a breakout may occur within a month or two, according to a crypto analyst.
‘The Sandbox’ Game on Ethereum Receives $2 Million Investment
After recently announcing a third presale of their coveted game’s virtual spaces, The Sandbox (TSB) revealed they have quite a number of big-name backers.According to a March 20 press release by Animoca Brands, parent company of TSB Gaming, the third quarter of 2019 had been a particularly successful one for the game.Between July 9 and…