Month: January 2022

Top 5 cryptocurrencies to watch this week: BTC, NEAR, ATOM, FTM, FTT

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If Bitcoin breaks above $45,500, select altcoins like NEAR, ATOM, FTM and FTT could turn bullish in the short-term. Bitcoin (BTC) has stopped its decline and is attempting a recovery along with select altcoins. Some traders have been fearing a massive sell-off in Bitcoin but Capriole CEO Charles Edwards said that Bitcoin’s worst crashes have happened “due to miner capitulation (December 2018 and March 2020), when BTC fell below production costs.” However, the current production cost of Bitcoin was $34,000, which is well below the current price. In a sign…

Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application – Bitcoin News

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According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles. Crocs Trademark Filing Describes ‘Downloadable Virtual Goods Created With Blockchain Technology, Smart Contracts, in the Nature of Footwear’ A United States Patent and Trademark Office (USPTO) report filed on January 11, 2022, indicates that Crocs has an eye on the non-fungible…

Joe Rogan Holds High Hopes For The Cryptocurrency Industry

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There have been several reactions and comment from prominent personalities about the trend of cryptocurrency from the beginning of 2022. The world’s most prominent controversial podcaster and comedian, Joe Rogan, has just expressed his ‘hope’ for digital assets. He made this confession during a recent podcast interview. On January 8, Rogan, through the 1760th episode of his podcast ‘The Joe Rogan Experience,’ deliberated on the crypto future. This discussion was with Adam Curry, his fellow podcaster. The estimated number of listeners for every episode of Rogan’s podcast is about 11…

Derivatives Data Shows Softening Crypto Enthusiasm

Implied vols, which are calculated off options premiums and gauge the market’s view of future risk, are down to levels not seen since October 2020. To be sure, regular levels in crypto implied volatilities would signal alarm and panic in the equity market, but since the second week of December, crypto’s implied vols have drifted down. In the past couple of days, that drop has accelerated. One-month at-the-money implied vols are now at 60%; they had been hovering in the 80% range since the summer. When demand for options falls,…

$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge – Markets and Prices Bitcoin News

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During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across 258,536 NFT buyers this week, the NFT collection Meebits captured $1.23 billion in NFT sales. With $2.5 Billion in NFT Sales Across 10 Chains, Ethereum NFT Sales Dominate by More Than 96% A great number of non-fungible token sales continue, as the recorded sales…

AI-generative art predicted to be next trend for NFT sector

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Sales of nonfungible tokens, or NFTs, reached $25 billion in 2021, demonstrating that the sector is one of the most sought-after markets in crypto. Art NFTs, in particular, made a big impact last year with Christie’s reporting over $93 million in nonfungible token sales during its fourth annual Art+Tech Summit that took place this past August.  While notable, much of the crypto art scene appears to be dominated by cartoons and memes, as projects like CryptoPunks and Bored Ape Yacht Club have taken center stage. Although these projects are some of…

Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Report – Bitcoin News

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Pakistan’s Federal Investigation Agency (FIA) is reportedly seeking to block websites dealing in cryptocurrency. The decision followed a meeting the agency had with the State Bank of Pakistan (SBP) which recently recommended a complete ban on crypto. Pakistan’s FIA Reportedly Seeks to Block Cryptocurrency Websites Pakistan’s Federal Investigation Agency (FIA) is seeking to block websites dealing in cryptocurrency, Dawn newspaper reported Sunday. The FIA is “a border control, criminal investigation, counter-intelligence, and security agency under the control of the Interior Secretary of Pakistan,” according to the Pakistani government website. FIA…

Ariva Wonderland to Revolutionise Tourism Thanks to the Metaverse, Crypto and VR – Press release Bitcoin News

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press release PRESS RELEASE. One of the most trending topics as of late is the metaverse and more specifically the relationship that this new kind of technology has with VR (Virtual Reality) technologies. There have already been many different kinds of initiatives which utilise VR alongside metaverse-based efforts in order to provide new and innovative experiences, but one industry that can perhaps benefit the most from all of this is that of the tourism sector. As the ongoing global pandemic continues, people from all over the world miss being able…

A Former US Senator and Ambassador to China on the Need for Stablecoin Regulation

This episode is sponsored by Nexo, Abra and FTX US. Download this episode This week’s “Long Reads Sunday” reading is Max Baucus’ “The Urgent Need for Regulatory Clarity on Stablecoins.” See also: Strike App Won’t Support Bitcoin in Argentina “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our…