Day: April 30, 2022

Blue Chip NFTs 101 – How Did Moonbirds Conquer The World In A Bearish Market?

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The extreme success of Moonbirds is the NFT story of the year so far. The collection opened up so strongly that it archived instant blue chip status and a place at the top of the charts. The market for NFTs is bearish at the moment, how did the pixeled owls accomplish such a feat? It certainly wasnโ€™t just the art, even though the Moonbirds have a distinctive look and probably make excellent profile pictures AKA PFPs.ย  Letโ€™s uncover the story. This one has it all; a nascent but powerful organization,…

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FTM Down 12% to Start the Weekend, as ATOM Hits 8 Month Low โ€“ Market Updates Bitcoin News

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FTM was down by as much as 12% to start the weekend, as crypto markets were once again under a red wave. ATOM was also victim to this wave, falling to its lowest level since last August during Saturdayโ€™s session. Fantom (FTM) Fantom (FTM) was down by double digits on Saturday, as bearish pressure continued to send prices deep into multi-month lows. Saturday saw FTM/USD fall for a third consecutive session, as prices hit an intraday low of $0.786 earlier today. Todayโ€™s low is the lowest point prices have reached…

These are the BTC price levels to watch as Bitcoin risks worst April on record

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Bitcoin (BTC) sits at a historically important price point for hodlers, but where could it be headed in the coming days? As the monthly close looms and various countries prepare for the May holidays, traders are mapping out the options โ€” with some surprises. $35,000 becomes key focus While Bitcoin market commentators rarely agree on much, one thing is more or less accepted this week โ€” that April’s monthly close will be volatile. Due over the weekend, that volatility has the potential to be exacerbated by a lack of trading…

Solving the โ€˜Sunrise Issueโ€™ is the key to unlocking crypto mass adoption

We have all been there. You see something, hear something, or feel something, and want to share that feeling or observation with someone else. Do you pick up the phone? Send over a text? Record a voice note? Humans thrive in our shared experiences: a captivating concert, the winning goal of a sports match, waking up to watch the sunrise. Thereโ€™s something fulfilling about having an experience and being able to share it with someone in real time. And due to technology, we can do that, even if another person,…

Craig Wright, self-proclaimed Bitcoin inventor, reveals plan for his BTCs

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Craig Wright, who is currently the chief scientist at nChain, discusses with David Lin, anchor for Kitco News, the future developments for Bitcoin that he has planned. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Craig Wright on Twitter: @Dr_CSWright ( __________________________________________________________________ Kitco News is the worldโ€™s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment…

BTC, ETH Remain in the Red, to Start the Weekend โ€“ Market Updates Bitcoin News

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Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures. The current uncertainty surrounding next weekโ€™s Federal Reserve meeting has seen prices consolidate for most of the week, with Saturday being no different. Bitcoin Bitcoin (BTC) was once again in the red during todayโ€™s session, as prices continued to trade below the key $40,000 level. The worldโ€™s largest cryptocurrency dropped to a low of $38,235.54 to start the weekend, following a peak of $39,263.60 on Friday. Saturdayโ€™s fall has seen the…

Tether (USDT) Q1 Trading Volume Plunges To $5.3 Trillion In Quarterly Low

With the chaotic phase that the crypto market is going through, Tether (USDT) trading volume in Q1 of 2022 plunged lower compared to the same quarter of last year. The total Tether transaction for the first quarter of 2022 is 26,454. Even though the bearish trend has seen many investors turning to stablecoins, the interest of investors for USDT remains a bit controlled. Tether is dubbed to be a stable crypto because unlike Bitcoin, Tether is pegged with the US dollar which means it retains a consistent value over time.…

HashStack Addresses DeFi Loan Collateralization Inefficiences And Improves Asset Utilization

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Hashstack aims to disrupt and improve the appeal of decentralized borrowing and lending. Users can access under-collateralized loans through its Open Protocol at a 1:3 collateral-to-loan ratio. It is a welcome change for the broader DeFi industry, as current collateralization rates remain too high. Adjusting Loan Collateralization In DeFi In traditional finance, one can obtain a loan if they have a fraction of the borrowed amount to put up as collateral. One would expect the same to apply to decentralized finance, yet that is not the case. Instead, users often…

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