Day: October 20, 2022

Can NFTs democratize scheduled TV programming in the Web3 era?

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Nonfungible tokens (NFTs) leave almost no part of the physical world untouched, from museums and major fashion brands like Gucci adopting the technology to digitize items to musicians breaking archaic song rights distribution methods. Now, even television — or in a streaming era, other forms of scheduled programming — is taking on NFTs as a means of crowdfunding programs. NFTV is streaming crypto-themed content but using NFTs as the backbone to crowdfund shows while providing viewers with some say in what’s on deck. Each program has a set of related…

BTC Back Above $19,000 as Volatility in Crypto Markets Intensifies – Market Updates Bitcoin News

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Bitcoin snapped a two-day losing streak on Thursday, as prices of the cryptocurrency rebounded at a key point of support. The current price uncertainty in markets comes as global inflation continues to hover close to historical highs. Ethereum was also back in the green in today’s session. Bitcoin Following two days of consecutive declines, bitcoin (BTC) rose higher in today’s session, moving away from its recent floor below $19,000. On Wednesday, the world’s largest cryptocurrency fell to an intraday low of $18,971.46, however the token rebounded earlier today. So far…

Top Crypto Expert Reveals Bear Market Strategy!

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Institutional crypto adoption requires robust analytics for money laundering

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Institutions have begun to take crypto seriously and have entered the space in numerous ways. As noted in a previous analysis, this has resulted in banks and fintechs looking at custody products and services for their clients.  However, as custodians of clients’ assets, banks must also ensure they are clean assets and stay compliant. This is where on-chain analytics solutions have a huge role to play in understanding patterns in transactions to identify money laundering and other spurious activities within the cryptocurrency and digital assets space. According to a report…

Multicoin-Backed Sports Startup Pitches NFTs as Ticket to Fan Experiences

Instead, Mercury wants to focus attention on the potential for creating hyperlocal fan clubs using the company’s digital collectibles. It is building platforms for the Clemson Tigers, the Villanova Wildcats and other NCAA Division I sports powerhouses to give fans access to memorable experiences, including interviews with players, and running down the field on game day. Source

Binance Coin Buying Volume Up

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Binance Coin (BNB) had an opportunity for a price rally last week after its parent company finally completed the scheduled token burn for the third quarter of the year. BNB price slightly corrected after going up by almost 4% following the latest burning of Binance tokens Binance established $260 as its support level The altcoin might fall to $250 before continuing its price rally With that, the total number of burned (destroyed) BNB tokens reached 2,065,152, which is worth over $563 million. Shortly after, Binance went up by 3.75% to…

Ecosystem Growth, Not Prices, Tells the Real Crypto Story

“It’s both the best time and the worst time in crypto,” said John Sarson, CEO of Sarson Funds, a crypto asset manager and education resource for financial advisors. “Adoption was going gangbusters. Everyone with speculative assets was deploying them in crypto, and then they saw them evaporate over the course of failures at Iron Finance, Olympus DAO, Three Arrows Capital, LUNA and USDT, or found that capital trapped permanently in Celsius [Network] or Voyager [Digital].” Source