Cryptocoins News / The Cointelegraph - 2 years ago
An article in the Wall Street Journal has claimed sales of nonfungible tokens (NFTs) are “flatlining” — in the same week that the top five collections alone accounted for more than $1 billion in primary and secondary sales.The article cited data from...
Cryptocoins News / The Cointelegraph - 2 years ago
South Korea’s newly-elected president Yoon Suk-yeol announced Tuesday he would push to defer taxation on crypto investment gains at least until a new set of regulations called the Digital Asset Basic Act (DABA) is enacted.South Korea’s crypto tax was...
Cryptocoins News / The Cointelegraph - 2 years ago
Institutional investors shed $133 million worth of Bitcoin (BTC) investment products last week, marking the largest week of outflows since June last year. According to the latest edition of CoinShares’ weekly Digital Asset Fund Flows report, the over...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethereum (ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”Buterin made the latest comments in response to a Twitter post from the Bankless podcast host Ryan Sean Adams, who shared...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethereum co-founder Vitalik Buterin believes that layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”Buterin made the latest comments in response to a Twitter post from the “Bankless” podcast host Ryan Sean Adams, who shared a s...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethereum co-founder Vitalik Buterin believes that layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”Buterin made the latest comments in response to a Twitter post from the “Bankless” podcast host Ryan Sean Adams, who shared a s...
Cryptocoins News / The Cointelegraph - 2 years ago
Business intelligence firm MicroStrategy said it will consider opportunities for yield generation on 95,643 “unencumbered” Bitcoin (BTC) held by its subsidiary MacroStrategy.In MicroStrategy’s report for the first quarter of 2022 released on Tuesday,...
Cryptocoins News / The Cointelegraph - 2 years ago
Former United States Federal Reserve vice-chair for supervision Randal Quarles discussed central bank digital currencies (CBDC) and the chances of the U.S. adopting such technology in an interview on the “Banking With Interest” podcast Tuesday. Quarl...
Cryptocoins News / The Cointelegraph - 2 years ago
Large-cap cryptocurrency continue to slump as investors await comments from the Federal Open Markets Committee regarding the exact size of the next interest rate hike.There are, however, a few bright spots in the market and select altcoins managed to...
Cryptocoins News / The Cointelegraph - 2 years ago
United States Senator Cynthia Lummis appeared on a livestream hosted by Axios on Tuesday to tease the highly awaited bill on cryptocurrency she is authoring. The Wyoming Republican said the bill will be introduced as “one big piece so people can see...
Cryptocoins News / The Cointelegraph - 2 years ago
Stokely-Van Camp, the beverage company with the original rights to market and produce Gatorade, may be exploring releasing virtual sports drinks in the metaverse.According to records submitted to the United States Patent and Trademark Office, or USPT...
Cryptocoins News / The Cointelegraph - 2 years ago
A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading.The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 adoption by making...
Cryptocoins News / The Cointelegraph - 2 years ago
Swiss privacy startup Nym Technologies announced it has secured $300 million in commitments from venture capital partners in support of the NYM Innovation Fund. Nym intends to issue grants to developers and incentivize them to build on top of Nym's d...
Cryptocoins News / The Cointelegraph - 2 years ago
In a statement published on Monday, Japanese video game publisher Square Enix announced that it would be divesting its popular Tomb Raider franchise for $300 million and investing the proceeds into blockchain, artificial intelligence (AI) and cloud c...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) has been unable to break from the 26-day-long descending channel. Investors are uncomfortable holding volatile assets after the United States Federal Reserve pledged to reduce its $9 trillion balance sheet.While inflation has been surgi...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders who have been so used to the market’s unreal returns in the past two years after the March 2020 crash. February an...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto exchange Kraken has opened a waitlist for its nonfungible token, or NFT, marketplace in beta more than four months after CEO Jesse Powell announced the initiative.In a Tuesday blog post, Kraken said it had opened the waitlist for its marketpla...
Cryptocoins News / The Cointelegraph - 2 years ago
Algorand (ALGO) prices rallied higher on May 3 after becoming FIFA's official blockchain solution provider. Nonetheless, the ALGO/USD pair continues to face selloff risks.High-profile partnershipALGO's price jumped 20% to $0.74, its highest level sin...
Cryptocoins News / The Cointelegraph - 2 years ago
The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at.But first, market expert Marcel Pechman care...
Cryptocoins News / The Cointelegraph - 2 years ago
The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The SkyBridge Alternatives Conference (SALT) was also co-hosted this year by FTX, Sam Bank...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4's Federal Reserve comments.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTudor Jones says "no thanks" to stocks, bondsData from Cointelegraph Markets Pro and Trading...
Cryptocoins News / The Cointelegraph - 2 years ago
Gaming is now one of the most profitable sectors of the entertainment industry, with consumer spending in the United States growing 8% in 2021 to top $60.4 billion in revenue. Worldwide, the games market generated an estimated $180.3 billion in 2021,...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release of Ethereum 2.0.Despite the fact that Ethereum was created six years after Bi...
Cryptocoins News / The Cointelegraph - 2 years ago
Cardano (ADA) price has been rebounding after falling to its worst levels since February 2021. Meanwhile, a technical fractal suggests that ADA's upside retracement could continue in the coming weeks.Can ADA price extend the recovery?ADA's price has...