Tag: News

Bitcoin Miners Send 14K BTC To One Block. Bullish News For The Market?

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After the official US inflation numbers were released, bitcoin prices started to rise. However, during the previous month, the BTC miners have increased their outflow. A new set of tax policies targeted at preventing domestic cryptocurrency mining were unveiled by Kazakhstan, which is still a significant nation in the world of Bitcoin mining. During a halt in worldwide activity and fire sales connected to recent bankruptcy-related news, prices for Bitcoin mining rigs are also said to have fallen to epidemic lows for 2020. Most significantly, Texas power grid operators have…

Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp – Blockchain Bitcoin News

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Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have the potential to be a “game-changer.” On Friday, Funko announced the company is launching a new NFT collection featuring Jay and Silent Bob from the filmmaker Kevin Smith’s Clerks films. Funko to Introduce Jay and Silent Bob Non-Fungible Tokens and Corresponding Physical Versions The cult classic characters…

Finder’s Fintech Experts Predict Cardano Will End the Year at $0.63 per Unit – Markets and Prices Bitcoin News

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Following the recently published bitcoin price prediction report issued by the product comparison web portal finder.com, the site’s researchers polled 53 financial technology (fintech) specialists in order to forecast the future value of cardano (ADA). According to the survey’s participants, cardano is expected to end the year at $0.63 per unit and 51% of the respondents think the Vasil hard fork will bolster the crypto asset’s utility. 53 Fintech Specialists Surveyed Attempt to Forecast Cardano’s Future Fiat Value Researchers at finder.com have been printing a wide variety of prediction reports…

Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’ – Bitcoin News

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The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows the startup surpassing $31 billion in all-time NFT sales volume, and the company adding a variety of new support features. Opensea CEO Reveals Company Layoffs Opensea joins the growing list of crypto asset companies announcing layoffs this year, as the crypto market downturn has affected nearly every…

HUMAN Protocol Foundation Announce HMT Now Listed on Probit – Press release Bitcoin News

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press release PRESS RELEASE. The HUMAN Protocol Foundation is delighted to announce that HMT is now listed on Probit. Probit joins other exchanges, Bitfinex, FTX and Gate.io in offering our community the opportunity to buy, sell, and trade HMT. About HMT HMT is the native cryptocurrency of HUMAN Protocol. In practice, Requesters – who want to launch a job – must first purchase HMT, with which they pre-fund a smart bounty. On the other end of the system, Workers who complete the work are rewarded in HMT. HMT’s utility extends…

Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline – Market Updates Bitcoin News

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Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market losses, as the bitcoin ETFs have shed between 70% and more than 73% in value since last year’s price highs. Bitcoin Exchange Traded Funds Slide Over 70% in Value Against the US Dollar On November 10, 2021, the crypto economy’s…

SOL up by Over 10% on Friday, as MATIC Hits 2-Month High – Market Updates Bitcoin News

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MATIC rose to its highest level in over two months on Friday, as crypto markets were mostly green in today’s session. SOL was one of the tokens in the green, as price climbed for a third straight session heading into the weekend. Solana (SOL) SOL saw its value climb for a third straight session on Friday, as prices moved closer to a key resistance level. As the week neared a close, SOL/USD peaked at a high of $38.35 on Friday, which is its highest point since July 9. Friday’s intraday…

Putin Signs Law Prohibiting Payments With Digital Assets in Russia – Regulation Bitcoin News

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President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary surrogates.” President Putin Approves Legislation Banning Digital Asset Payments in Russian Federation Russian President Vladimir Putin has signed a law imposing direct restrictions on the use of digital financial assets (DFAs) as a means of payment inside his country, the crypto page of the RBC business news portal reported. The…

Justin Sun – Altruism or Greed? – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock  Bitcoin dropped around 5% over last weekend, the week started at around $20,500 at time of writing. The downtrend in the crypto market persists, due to increased fears of an incoming recession. The google search volume of recession has skyrocketed in recent weeks. The June jobs report, which was released last week, showed that employment is strong with high wage growth, increased the chance of a recession. This is because it results in a more aggressive Federal Reserve, who must fight…

ETH Surges Past $1,200 as Latest Shadow Fork Goes Live – Market Updates Bitcoin News

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ETH was back in the green, as markets reacted to the release of Shadow Fork 9. Bitcoin was well above $20,000 on Friday, as bulls returned to the crypto market following several days of consolidation. BTC was up by over 5% in today’s session, with ETH not only back into the $1,100 region, but above $1,200. Bitcoin After battling market uncertainty all week long, bitcoin bulls returned to action on Friday, pushing prices well above $20,000. The world’s largest crypto token rose to an intraday high of $20,981.99 in today’s…