Month: August 2021

Rarible vs OpenSea NFT Marketplace Comparison. Which one is better?

Let’s forget about the pandemic but the things that happened meanwhile. The new millennium witnessed stellar growth in the popularity of non-fungible tokens. 2021 has started with a craze. Digitization has taken over our life and even art. Art may seem strange, but it has become one of the most successful NFT sellouts till now. Artists are creating unimaginable art, pouring their emotions, memorie...[Read More]

Uniswap (UNI) and PancakeSwap (CAKE) Technical Analysis: What to Expect?

Uniswap and PancakeSwap buyers are firmly in control. UNI/USDT and CAKE/USDT may reach $40 after clearing $30 and $20, respectively. Uniswap (UNI) It is the world’s most valuable DeFi protocol using UNI for governance. At 10th in the market cap leader-board, the project manages over $4.8 billion of various assets. Past Performance of UNI Adding four percent on the last trading day, UNI bulls...[Read More]

Bitcoin holds $46K support after failed breakout, Cardano price passes $2.20

Bitcoin (BTC) bounced at $46,000 support on Aug. 14 after an attempt to crack major resistance ended in rejection. Bitcoin rejects at $48,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising to tackle a giant sell wall during Saturday, only to reverse downwards to Friday’s levels. As Cointelegraph reported, the area of seller pressure from $47,000 and upwards had bee...[Read More]

Premier League Soccer Team to Wear Dogecoin Shirts in Upcoming Season

Players from English soccer team Watford F.C. will wear Dogecoin on their shirts this season, according to British sports outlet The Athletic. Dogecoin will appear on all three Watford shirts. The appearance of the meme coin is paid for by sports betting site and crypto casino Stake.com. The deal is worth at least £700,000 ($970,500) and will be paid in cryptocurrency, reported The Athletic. ...[Read More]

Nearly 30% of Canadians Are Cryptocurrency Investors: Survey

According to a recent study, almost every third Canadian has allocated some funds in digital assets. Nonetheless, most locals have concerns about their crypto investment since only 5% of them find it a safe strategy. Cryptocurrencies and ‘Meme Stocks’ in Canada The financial technology start-up – Hardbacon – conducted a survey among Canadian adults to estimate the cryptocurrency sentiment in the c...[Read More]

Michaël van de Poppe Analyzes Four Altcoins, Predicts Possible Scenarios for Bitcoin and Ethereum

High-profile crypto trader Michaël van de Poppe is analyzing four altcoins that recently broke out, and he’s also tracing the path of Bitcoin and Ethereum. Upon request from his 361,000 Twitter followers, Van de Poppe takes a look at proof-of-stake blockchain Terra (LUNA), which is up 3.6% on the day at time of writing, trading at $17.54. Van de Poppe says he is not interested in LUNA at the curre...[Read More]

Portraits of Ethereum Co-Founder Vitalik Buterin From 2015 Selling as NFTs

On Tuesday, Californian photographer Matthew Reamer announced the sale of three NFTs of portraits of Ethereum founder Vitalik Buterin. Reamer took Buterin’s picture four months after Ethereum’s launch in 2015.  The portraits, which are being auctioned on his page over on NFT marketplace Foundation, show Buterin when his star was just beginning to ascend.  The first NFT, which h...[Read More]

Horizen Labs Looks to Build Out Its SDK with New $7M Seed Funds

With the growing backing from its investors and partners, Horizen Labs aims to continue its push of helping businesses build and integrate its technologies as it has done for the past two years.  Horizen Labs, a blockchain as a service provider that lets businesses build software solutions that solve real world challenges has pulled $7 million in seed funds from investors. The funding round w...[Read More]

DOGE Daily Circulation and Volatility Plunges After Reaching $0.29

DOGE coin, previously one of the growth leaders on the cryptocurrency market, has now returned back to the average daily circulation value of 1.3 billion USD. At the start of the week, DOGE pumped almost 30 percent in one single day candle and had elevated volumes for the entire week. At press time, the DOGE price has increased by 38% in a week, with the highest price yesterday at $0.29....[Read More]

Former SEC Enforcement Lawyer Comments on Tether Disclosure of How its Large Reserves are Held to Support Stablecoin

Crypto investors got a peek behind Tether’s curtain this week, as the digital currency disclosed how its $62.5 billion in reserves are being managed to back its integrity as a so-called stablecoin linked to the US dollar. Tether is the third biggest cryptocurrency following Bitcon and Ether. Tether revealed that nearly half of its assets were placed in traditional CDs and other commercial paper.&n...[Read More]

Wyoming’s crypto-friendly bill could be a sandbox in action, Sen. Lummis says

As the United States continues to weigh out the best ways to include crypto businesses through an infrastructure bill, the state of Wyoming has taken proactive measures to attract Bitcoin (BTC) miners and other crypto businesses to its local jurisdiction.  Wyoming’s crypto-friendly notion comes into light as the state has passed more than 24 bills related to blockchain technology. A rec...[Read More]

Bitcoin ETF will pave the way for six-figure values, says prominent crypto trader

As Bitcoin approaches $50,000, a major breakthrough in the space may unleash a flood of institutional money, opening the door for Bitcoin to become a six-figure asset, according to one recognized crypto trader. Speaking to Kitco News, the crypto trader and presenter of the podcast The Wolf Of All Streets Scott Melker talked about the importance of a Bitcoin exchange-traded fund (ETF): He expressed...[Read More]

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