“Inflation is old news. We all knew it was coming,” Gonzalez added. “For now, Bitcoin is likely to settle around $20,000, but a significant event demonstrating that the broader market is recovering is required for it to regain power. Investors will remain cautious as long as forecasts are pessimistic, so the market will not move significantly,.” Original
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Declining production costs could be seen as a negative for bitcoin prices, the Wall Street bank said in a report. Original
Hang, a Web3-powered platform connecting brands with members, launched Thursday and announced raising $16 million in a Series A round led by Paradigm. The funding will be used to double down on the expansion of the product, engineering and go-to-market teams with a focus on “speed and scaling,” Hang co-founder and CEO Matt Smolin told CoinDesk in an email. Source
A market report published by Verified Market Research (VMR) provides a lofty prediction for the future of the non-fungible token (NFT) market, projecting its value to swell to $231 billion by 2030. The global research and consulting firm valued the global NFT market at $11.3 billion in 2021 as part of 202 page deep dive into the burgeoning space. VMR predicted that the sector will grow at a compound annual growth rate of 33.7% over the next eight years. A key driver of demand for NFTs is their proliferation across multiple…
Web3 gaming company UnCaged Studios has raised $24 million in a Series A equity funding round, with participation from Griffin Gaming Partners, Vgames, Maverick Ventures Israel, Drive by DraftKings and 6th Man Ventures, according to a press release Thursday. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io క్రిప్టో కరెన్సీని వేగంగా అడాప్ట్ చేసుకుంటున్న 20 దేశాల్లో భారత్ నిన్నమొన్నటి వరకు 2వ స్థానంలో ఉంటూ వచ్చింది. ముఖ్యంగా భారత్లో బిట్ కాయిన్కు ఎక్కడ లేని హైప్ వచ్చింది. అయితే ఇప్పుడు దాని విలువ అంతే వేగంగా పడిపోతోంది. ఎందుకు? #bitcoinmining #cryptocurrency #economiccrisis ___________ ఫేస్బుక్, ఇన్స్టాగ్రామ్, ట్విటర్లలో బీబీసీ తెలుగును ఫాలో అవ్వండి. ఫేస్బుక్: ఇన్స్టాగ్రామ్: ట్విటర్: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
MATIC, the native token of Polygon, is the highest performing cryptocurrency in CoinMarketCap’s top 50 list by market capitalization over the past 24 hours, with gains of about 20%. MATIC reached its highest level since early June, in the mid-$6.0 range, a day after Polygon was selected for Walt Disney’s benchmark business growth program. According to a Disney release, Polygon is one of the six organizations that will participate in the company’s 2022 Accelerator Program, a business and development initiative created to promote the expansion of creative businesses globally. Suggested…
The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2022. Source
Binance, the cryptocurrency exchange, has recently acquired a virtual asset service provider (VASP) license from the Bank of Spain in order to operate in the country. In its ambitious expansion plans that the cryptocurrency exchange is persisting despite the global jump and market slump in the cryptoverse, there is another country that Binance is looking toward — the Philippines. In June, the CEO of Binance, Changpeng Zhao, stated in a press briefing in Manila that the exchange is looking to obtain a VASP license in the Philippines. In addition to…