Month: August 2022

Blockchain venture capital funding down over 43% in July: Report

Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling off after seven consecutive sectors of growth. According to Cointelegraph Research, inflows in the blockchain venture capital market have declined by 43% month-on-month in July 2022. The Web3 sector, including GameFi and the Metaverse, continues to command the lion’s share of investor interest. But, the decline in capital inflows should be viewed in context as the numbers are close to the…

Bitcoin ‘liveliness’ lowest since 2021 amid new 5-year BTC hodl record

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Bitcoin (BTC) long-term holders are knuckling down as a record portion of the BTC supply stays dormant for years. Data from on-chain analytics firm Glassnode confirms that the percentage of the supply now stationary for at least five years is higher than ever. 2017 BTC buyers not this year’s sellers Bitcoin has recovered almost 40% from its macro lows of $17,600 just two months ago, but for the cryptocurrency’s diamond hands, it has been a non-event. Those who purchased BTC in 2017 or earlier continue to hodl their stake, and…

Cryptocurrency Market Drains $50B As Bitcoin Touches Weekly Lows

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Bitcoin price is falling again after it started making a positive turn at the beginning of July. The entrance into the second half of 2022 seemed to revive most cryptocurrencies. There was a sudden rise in value for several tokens, with the world’s largest crypto asset almost taking the lead. Bitcoin hit the $25,000 level within the past few weeks, but such performance is not sustainable. On consecutive days this week, BTC lost hundreds of dollars in value as the price crawls back to around $23,000. The broader market is…

FLOW Rebounds Following 7-Day Losing Streak – Market Updates Bitcoin News

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FLOW was trading higher on Thursday, as the token rallied upward following seven straight days of declines. The surge comes despite the global crypto market capitalization trading 1.14% lower as of writing. Shiba inu fell by nearly 10% in today’s session. FLOW FLOW was one of Thursday’s notable movers, as the token rebounded following seven consecutive days of declines. The drops in price saw FLOW hit a low of $2.54, which has also acted as a recent support point. However, like on August 8, which is the last time prices…

How can DAOs involve fans in filmmaking? Expert answers

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As more people begin to integrate Web3 technologies into entertainment and production, the use case for decentralized autonomous organizations (DAOs) in filmmaking has been highlighted in a Cointelegraph interview with Jake Fraser, the head of business development at the film-focused blockchain project Mogul Productions.  When it comes to DAO usage in films, a deeper level of fan engagement was highlighted by Fraser. As an example, the executive pointed out the involvement of fans in the production process such as in creating the script, choosing stories and picking the location. He…

Opening Bell Live | Coinbase Set to Run Up!

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