Month: July 2024

Why We’re (Still) Investing in Web3 Gaming

It wasn’t until late 2017 when we went all in on Web3, joining a crypto payments startup that sought to level the playing field for business operators that were fighting tooth and nail with the banks for a fair go. We got to go around the world giving talks and running workshops, while Leah wrote red pill-styled opinion pieces on everything from peer-to-peer (P2P) payments and crypto-asset backed remittance to decentralized identity and reputation. But, OMG, the education effort was a hard slog. Yes, of course, people would nod emphatically…

Solana Mirroring 2021 Bullish Pattern, Crypto Analyst Reveals

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An analyst has explained how Solana (SOL) is currently mirroring the same pattern that led to a bullish breakout for its price back in 2021. Solana Appears To Be Showing Similar Trend To 2021 Right Now In a new post on X, analyst Ali Martinez has discussed about how the pattern recently forming in SOL has been reminiscent of what the cryptocurrency showed back in the July of three years ago. Related Reading Below is the chart shared by the analyst, that highlights the similarity between the two periods: Looks…

Tether (USDT) Collaborates with Vietnam Blockchain Association to Boost Blockchain and AI Education

Tether Operations Limited, the prominent entity in the digital asset industry, has announced a strategic partnership with the Vietnam Blockchain Association (VBA) aimed at advancing blockchain and artificial intelligence (AI) education in Vietnam. This initiative, revealed on July 9, 2024, focuses on educating public stakeholders through a series of conferences and workshops, according to Tether.io. Objectives of the Collaboration The collaboration aims to foster knowledge-sharing and capacity-building within the blockchain industry. Based in Ho Chi Minh City, the VBA is instrumental in standardizing and promoting…

Bitcoin Price (BTC) Flat as Jerome Powell Highlights Two-Sided Risk

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Why Gaming Is the New King of Entertainment

AI is set to transform the gaming industry by reducing costs and enhancing creativity. Creating a game requires a wide range of skills, including art, writing, animation, and programming. AI can automate many aspects of this process, making development more efficient and cost-effective. The technology powering AI, primarily GPUs, is the same used for rendering games. This alignment has been reflected in NVIDIA’s stock price, making it one of the most valuable companies in the world. Moreover, as AI takes on more tasks, people will have more free time to…

Bitcoin price shrugs Germany’s $362m exchange deposit 

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Bitcoin’s market price stabilized as Germany’s government shredded its BTC holdings from over 50,000 coins to under 23,000 tokens.  According to on-chain insight provider Arkham Intelligence, Germany’s government transferred 6,306.9 Bitcoin (BTC) valued at over $362 million to several entities, including centralized exchange Kraken, on Tuesday. Kraken received 800 BTC worth $45.9 million, while market makers B2C2 Group and Cumberland DRW were sent $287.1 million and $6.2 million in Bitcoin, respectively.  A fourth address marked as “unlabeled”, likely an OTC desk, was sent 400 BTC or around $24 million in…

Jasmy price bull run is not over yet, crypto analyst says

JasmyCoin price has recently lost its momentum and moved into a deep bear market as it dropped by almost 50% from its highest point in June.  JASMY was trading at $0.0230 on Tuesday, a 20% increase from its lowest point on Friday when most cryptocurrencies dropped. The token has declined due to ongoing headwinds in the crypto industry as the German government continued moving Bitcoins to exchanges. Concerns about Bitcoin liquidations by Mt.Gox also contributed to a negative sentiment that is felt across the entire industry. These events have led…