NFTs show signs of life as weekly volumes turn positive
NFT sales volumes have rebounded across major blockchains, and Polygon has taken the lead with a 123.20% increase.
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Bitcoin price has never lost more than 10% in July — Is 2023 different?
Bitcoin looks primed for a "liquidity hunt" to $35,000, but not everyone is convinced that BTC price upside will last beyond July. Bitcoin (BTC) gained 12% in June, but one forecast sees the good times soon fading for bulls.In a tweet on July 1, popular trader CryptoBullet admitted that July might not offer much more…
Powers On… The Fed endorses cryptocurrency — Kind of
This month, the Board of Governors of the United States Federal Reserve System issued its widely anticipated report on the nation’s possible use and adoption of digital currencies for its financial system. The document is titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” and true to its name, the paper…
Binance Korea to shut down exchange due to low trading volume
Less than a year after its launch, Binance Korea is closing its doors amid shrinking liquidity. 2035 Total views 9 Total shares Binance KR has decided to shutter its operations in South Korea according to an announcement released on Thursday. As part of the press statement, Binance KR attributed the move to declining liquidity and low…
Bitcoin miner Northern Data says it has no financial debt, expects $204M in revenue for 2022
At the midpoint, the guidance represents a growth of 1.1% from its revenue in 2021. 314 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTAccording to a new letter to shareholders posted on Dec. 21, Aroosh Thillainathan, CEO of German Bitcoin (BTC) mining company Northern Data, said that…
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official. 158 Total views 2 Total shares Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to a Nov. 21 blog post. The new
Italy to create the crypto art Renaissance: NFT market report
Research and Market’s latest NFT market report for Italy predicts a 47.6% growth in the country’s NFT market by the end of 2022. 389 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTItaly is one of the cultural hubs of Europe, with centuries of history, art and culture. Now, it…
Sci-fi or blockchain reality? The ‘Ready Player One’ OASIS can be built
Distributed ledgers, in the form of blockchain technology, are jostling their way into financial markets, healthcare systems and the global supply chain, but perhaps the most significant disruption has yet to come. In recent months, nonfungible tokens (NFTs) have taken the spotlight as a stamp of legitimacy for digital goods, ranging from art to worn-out…
Finance Redefined: UK government explores DeFi with a focus on staking and lending
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week.This past week, the DeFi ecosystem got recognition from the United Kingdom government, as they sought public feedback on taxation of the DeFi ecosystem, especially staking and lending.MakerDAO…