The two plan to identify a test mission by August 2022. Source link
Lockheed Martin, Filecoin Foundation to Explore Hosting Blockchain Nodes in Space
Day: May 23, 2022
Crypto Markets Lull After Massive Crash, Bitcoin Hovers Around $30,000
The total crypto market cap regained some ground over the past few days and now sits around $1.37 trillion Bitcoin shows some sideways movement as traders debate over the possible bottom Ethereum trades just under $2100 as The Merge approaches Rich Dad, Poor Dad Author remains bullish on Bitcoin After a bloodbath in the cryptocurrency markets last week, things seem to have steadied to some degree in terms of asset value and prices. EWN previously reported that the world’S leading crypto, Bitcoin, fell as low as $26,700 during one of…
The Metaverse Will Make Gamers of Us All
The metaverse and Web 3 are ushering in a new wave of doing business. In some sense, the Web 3 community sees big, corporate brands as anathema to the crypto ethos, which values community, evangelists and profit sharing. The metaverse has its own brands that connote authenticity and quality. Many of these brands are very new, but are already truly global and have rabid, cult-like fanbases. Source
12% of US Adults Held Crypto in 2021
The data collected indicated that American consumers have little interest in crypto as a currency. They’re by and large investors, not transactors, and only 3% of respondents said they’d either paid in or sent crypto in the previous year. By contrast, 11% had held crypto as an investment. Source
Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images FTX has been on the hunt to buy brokerage start-ups as the crypto exchange expands into stocks, and its CEO takes a major stake in Robinhood. The Bahamas-based company has approached at least three privately held trading start-ups about an acquisition, according to sources familiar with those negotiations, who asked not to be named because the deal talks were confidential. The discussions were…
Metaverse Real Estate – Next Big Thing or Next Big Boondoggle?
Nearly all of this, of course, relies on one foundational assumption: That people will care about the metaverse. And that, in turn, is effectively a bet on the growth of crypto. If the metaverse flops, your “land” is worthless. At least in the real world, if you buy a home and the market tanks, you still have four walls and a ceiling to shelter you from storms. If you splurged for Parcel 148, -35 and the market tanks, you just have a sad collection of pixels. Source
'Bitcoin is really a risk asset,' says Blockchain.com CEO
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Peter Smith, Blockchain.com CEO and co-founder, joins ‘Power Lunch’ to discuss recent bitcoin prices, whether retail trading fees will fall in the future and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily…
CoinDesk Relaunches Social Token Into the Wild
The new DESK is an ERC-20 standard token on the mainnet, or live version, of the blockchain. However, to avoid congestion on Ethereum, the revamped DESK runs on Polygon. This is a sidechain, or parallel network, to Ethereum that allows more and cheaper transactions by keeping them off the primary chain. CoinDesk will cover the cost of gas, or on-chain computation fees, for DESK transactions on Polygon. Source
Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks
Monero (XMR) price may witness a sharp pullback by June because its 75% rally in the last two weeks has left the gauge almost “overbought.” Monero price RSI meets rising wedge Downside risks have been mounting due to XMR’s relative strength index (RSI), which almost hit 70 this May 23, indicating that the market is considered overvalued. An oversold RSI could amount to a bout of declining moves, as a rule of technical analysis. Additionally, Monero is also painting a bearish reversal pattern, dubbed the rising wedge. Rising wedges form…
Are HODLers doomed to rely on centralized options?
Self-sovereignty is a core principle in the cryptocurrency space: Investors need to rely on a trustless, decentralized network instead of a central entity that has been known to devalue the holdings of others. One shortcoming associated with self-sovereignty, however, is inheritance. An estimated 4 million Bitcoin (BTC) has been lost over time and now sits in inaccessible wallets. How many of those coins belong to HODLers who passed away without sharing access to their wallets with anyone else is unknown? Some believe Satoshi Nakamoto’s estimated 1 million BTC fortune hasn’t…