Category: Blockchain

Has Bitcoin Reached a “Generational Buying Opportunity”? – Blockchain News, Opinion, TV and Jobs

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin is consolidating around $29,000 as the RSI indicator has now entered a period that has historically preceded outsized returns on investment for long-term investors. Rekt Capital shows that when the RSI has reached this level previously and reversed, including January 2015, December 2018, and March 2020, it has marked a macro bottom. Furthermore, Glassnode shows that Bitcoin is approaching a region that is below the average cost basis of all holders on-chain. Previously, when Bitcoin enters this region it has presented…

Hyperledger Foundation deploy new versions of three blockchain tools to enhance ecosystem

Enterprise blockchain firm Hyperledger Foundation has announced the development and release of three roadmap projects: Cactus 1.0, FireFly 1.0 and a preview version of Iroha 2.0’s long term support (LTS). Operating under the umbrella of the Linux Foundation, Hyperledger supports an ecosystem of fourteen distributed ledgers. The deployment of the three technological tools is expected to assist consumers and businesses across areas of blockchain, Web3, and decentralized applications (dApps). We are pleased to announce these important development milestones for three projects; including Hyperledger Cactus 1.0, Hyperledger FireFly 1.0 and Hyperledger…

Tether launches crypto and blockchain education program in Switzerland

Switzerland’s southern city of Lugano will host a blockchain- and cryptocurrency-focused school as part of a partnership between the local government and Tether. In a Thursday announcement, Tether and Lugano said they will be launching the Plan ₿ Summer School in an effort “to bring blockchain and crypto education to the masses.” The education center is part of Tether’s ‘Plan ₿’ initiatives with the Swiss city, which have included making Bitcoin (BTC), Tether (USDT) and the LVGA token legal tender in the area. @luganomycity @Tether_to @FranklinSwitz @USI_university announced today the…

How will GameFi and P2E blockchain gaming evolve in 2022? Report

Crypto gaming has grown in popularity as more players collect and trade digital assets, generating a dependable income for game developers and creating value for players. In a recently published report, Cointelegraph Research shows how Axie Infinity gamers in the Philippines were able to earn their regular monthly salary in 2020 simply by playing the game, at a time when measures to prevent the spread of the COVID-19 pandemic brought economic hardship to the country. Axie Infinity is a powerhouse of play-to-earn (P2E) blockchain gaming, not unlike Bitcoin’s (BTC) status…

Indian government’s ‘blockchain not crypto’ stance highlights lack of understanding

Indian crypto businesses are struggling with the new tax policies as trading volumes have dried up and many established crypto firms are looking to relocate to more crypto-friendly jurisdictions. While many developed countries and even several of its Asian counterparts are actively studying and formulating better crypto regulations, the Indian government has maintained a “blockchain, not crypto” stance. It might seem like the government is taking a cautionary step to focus on the underlying technology while keeping its distance from the volatile and risky crypto market. However, going by the…

Argo Blockchain Announces 1st Quarter Financial Results

Argo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to an increase in hash rate over the past year. The London-listed Bitcoin mining company said factors such as changes in the fair value of digital currencies for the three months ended March 31, 2022. The company’s net income for the first quarter of 2022 was $2.1 million, compared to $25.3 million a year ago. Gross profit was…

Goldman CEO “Big Believer” in Blockchain

While the digital currency ecosystem has persisted to revolve in its bearish cycle, a number of financial industry veterans have continued to validate the technology backing the cryptocurrencies. One of the latest of these experts is David Solomon, the Chief Executive Officer of Goldman Sachs, who has been vocal about his belief in the technology that underpins cryptocurrencies. Speaking to CNBC’s Squawk Box host Andrew Ross Sorkin, Solomon said he has a lot of interest in any technology – be it blockchain or any other yet to be developed that…

Chia Network Joins Crypto Lobbying Group Blockchain Association

Chia Network Inc. announced that it has become a member of a Blockchain Association, an industry leader championing the collaboration and innovation necessary to support U.S. leadership in the crypto industry. The association is a member-led organization committed to enhancing the public policy environment for digital assets. With more than 70 members, Blockchain Association combines its network and insight to create a unique policy with industry consensus. Chia Network is building a blockchain platform based on Proofs of Space-Time (PoST) to make a less wasteful, more decentralized, and more secure…

Blockchain Gaming N3TWORK Studios Secures $46M in Series A Funding

Blockchain gaming startup N3TWORK Studios has secured $46 million in Series A funding led by venture capital firm Griffin Gaming Partners. The funds raised will be used to develop two web3 games from the studio, Legendary: Heroes Unchained and Triumph. Investors also include Kleiner Perkins, Galaxy Interactive, KIP, Floodgate, LLL Capital, etc. N3TWORK Studios has been working to expand the audience of crypto games and aims to upgrade web3 gaming experiences that will benefit all types of players. Under the financing agreement, Griffin Gaming Partners director Peter Levin will also…

Three Tactics to Spice Up Your Blockchain Marketing Strategy

Located at the intersection of digital marketing and blockchain PR, launching a blockchain marketing campaign is all about creating something that connects with your audience, demonstrating the impact of your product, and enticing investors over to your platform. But, like many things in life, launching a great campaign is much easier said than done. In this article, we’ve brought together three essential blockchain marketing strategies, giving you all the tips you need to launch a successful campaign. We’ll be covering: SEO, SEO, SEO Focusing on Transparency Off the beaten path…