Month: June 2022

Michael Saylor – "The COMING Crash Will DESTROY Your Wealth…" | Bitcoin News | Crypto Currencies

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Michael Saylor – “The COMING Crash Will DESTROY Your Wealth…” | Bitcoin News | Crypto Currencies ($) Michael Saylor is an American entrepreneur and the CEO of Microstrategy. He is one of the most well-known figures in the Bitcoin community, and in the news today. He knows everything there is to know about the current cycle, and selling Bitcoin. In the latest Bitcoin news, Saylor will give his update today. He’ll go over in this latest interview why he thinks Bitcoin is…

Bitcoin Miner Liquidations Threaten Bitcoin’s Recovery

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Bitcoin mining profitability has been dropping along with the market decline. The cash flow from the mining rigs has become increasingly stunted over time, causing bitcoin miners to begin selling their holdings to cover the cost of their operations. But even as this rages on, there is a bigger issue that could threaten the recovery that BTC has made so far, which is the fact that larger miners may be forced to liquidate their holdings. Bitcoin Miners Can’t Meet Up Usually, bitcoin miners are known for holding the coins that…

Coinbase Redesigns Mobile Wallet to Add Dapp Browser as Fees Come Under Pressure

CryptoX – Cryptocurrency Analysis and News Portal Coinbase also extended its support for the Solana ecosystem, adding the facility to send, receive and store SOL and Solana program library (SPL) tokens. Users will no longer need separate wallet apps for multichain activity across DeFi, NFTs and so on. Original Source The post Coinbase Redesigns Mobile Wallet to Add Dapp Browser as Fees Come Under Pressure appeared first on CryptoX. CryptoX Portal

eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain

eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles. According to a press release on Wednesday, Manchester-based KnownOrigin has been purchased for an undisclosed amount. The firm enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. KnownOrigin co-founder David Moore in a statement said that the company was founded to “empower creators and collectors by giving them the ability to showcase, sell and collect…

Ethereum dYdX Will Launch Standalone Blockchain On Cosmos

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Ethereum-based decentralized trading platform dYdX will be deployed as an independent blockchain on the Cosmos ecosystem. The team behind the project made the announcement this morning leading to a positive reaction for its governance token, DYDX. Related Reading | Bitcoin Steady Above $20K After Drop To $17K – A Slow Climb To Green? At the time of writing, this token trades at $1.50 with an 8% profit in the last 24 hours for its USDT trading pair and a 10% profit on its ETH trading pair. In the meantime, larger cryptocurrencies…

Nexo Hires Citigroup to Advise on Acquisitions

Nexo is working with banking giant Citigroup (C) as it pursues a consolidation of other crypto lenders hit by the recent market downturn, according to an announcement shared with CoinDesk. The company also later announced the information in a blog post. Source

Should You Copyright Your NFTs?

For example, I could mint a new NFT with any CC0 Noun, but because everyone knows the “original” collection, the one endorsed by the creator(s), mine will have no relevance and probably little if any value. But the opposite could happen, too. A creator could launch a collection with incredible art tomorrow, but fail to get any attention and sales. Someone else can “steal” the art, copy the idea, rebrand it and profit from the original work without being required to compensate the “original” creator. Copyright gives you the power…

Bitcoin․com Exchange Market Insights Report for June 2022 – Promoted Bitcoin News

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This is the June 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance Crypto markets continued on a downtrend as BTC and ETH were down 30% and 44% respectively over the last 30 days. The macroeconomic outlook continues to be unfavorable for risk assets as high inflation combines with elevated commodity prices and tight U.S. labor market conditions. Adding to that, crypto has experienced a credit…

Coinbase Shares Slump With Crypto Prices as Binance.US Starts Zero-Fee BTC Trading

“COIN volumes appear to surge during sell-offs, but fail to bounce back during brief rallies,” Dolev said in a note to clients. “As evidence, average daily trading volume on the COIN platform on Bitcoin down-days was 15% higher than volumes on Bitcoin up-days. In recent months, however, down-day volumes are 42% higher than up-days, or nearly 3x vs. the prior ratio.” Dolev has a neutral rating on COIN with a $45 price target. Source