Month: July 2022

Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs

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Hyosung America has signed a partnership deal with cash-to-crypto provider DigitalMint that enables Bitcoin (BTC) purchasing across the firm’s 175,000 ATMs located in the U.S. Apart from offering its own BTC and Litecoin (LTC) payment rails such as ATMs, bank wires and tellers, DigitalMint also provides software API integrations that allow retailers or ATM operators to sell BTC through their machines. As part of the deal, which was announced on July 12, Hyosung America will add DigitalMint’s crypto buying services to its upcoming API-based app store, which is being built…

Polygon selected to participate in Disney’s 2022 Accelerator Program

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Layer-2 scaling platform Polygon has been selected to partake in Disney’s 2022 Accelerator Program to build on Polygon’s web3 technology, which will commence this week. The Ethereum scaling platform is one of six projects to be accepted into the Accerator Program, which is focused this year on augmented reality (AR), non-fungible tokens (NFTs) and artificial intelligence (AI), according to a statement from The Walt Disney Company on July 13. Polygon CEO Ryan Watt noted on Wednesday that Polygon was “the only blockchain selected” to Disney’s prestigious Accelerator program. The hits…

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CryptoPunk sells for $2.6M as big NFT brand floor prices increase

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Despite a major decline in trading volume across the broader non-fungible token (NFT) market, a single CryptoPunk has sold for a whopping 2,500 ETH which equates to a price tag of just over $2.6 million. The $2.6 million transaction makes the sale of CryptoPunk 4464 — one of just 24 ape-themed CryptoPunks — the largest NFT sale of the last 30 days across the entire market. Punk 4464 bought for 2,500 ETH ($2,615,224.91 USD) by 0x561786 from 0x33eaae. https://t.co/xqtkT3BeER #cryptopunks #ethereum pic.twitter.com/iCAAG4LKHg — CryptoPunks Bot (@cryptopunksbot) July 12, 2022 When…

14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment – Featured Bitcoin News

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About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have less than one year of experience and thus may be in need of relevant crypto education. Crypto Winter Effect Around three million Saudi Arabians, or about 14% of the adult population aged 18 to 60, are either crypto investors or have traded crypto over the last six months, the latest study conducted by the cryptocurrency…

Voyager token skyrockets as VGX pump scheme touted

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The native token for the embattled crypto brokerage Voyager Digital has skyrocketed in what seems to be a new effort to inflate its price seemingly inspired by the recent “CEL short squeeze.” On Wednesday, Voyager’s VGX token surged 178% to hit an intraday high of $0.891 before falling back to around $0.559, according to CoinGecko. It had regained ground back up to $0.717 at the time of writing.  The price rise has coincided with the appearance of a Twitter hashtag called #PumpVGXJuly18, as well as the formation of a Telegram…

GameStop NFT’s first day, Limewire trends and game dev attacks

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GameStop’s new nonfungible token (NFT) marketplace took home roughly $44,500 from transaction fees in the first 24 hours after it launched via a public beta on Monday. GameStop NFT reportedly generated around $1.98 million worth of NFT sales on its first full day of business. As the platform charges a 2.25% fee on NFT sales, this equates to roughly $44,500 worth of fees. While that sum may seem underwhelming, considering it would represent just 0.27% of GameStop’s daily revenue for 2021, it depends on the perspective. According to gaming news…

Bitcoin Price Emergency Warning – Crypto Latest News – Altcoins & Cryptocurrency Price Updates Alert

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Bitcoin Price Reclaims $20K, Can BTC Surpass The 100 SMA

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Bitcoin extended losses and traded below $19,200 against the US Dollar. BTC found support near $19,000 and started an upside correction. Bitcoin traded as low as $18,916 and started an upside correction. The price is now trading above the $20,000 level and testing the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $19,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it clears the 100 hourly SMA and $20,600.…