The crypto industry has stepped up another gear in its race to win the hearts, minds, and some money of sporting fans the world over. Following the news that Crypto.com will be one of the main sponsors of the World Cup in Qatar later this year, the crypto exchange OKX has announced that it…
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Bitcoin price remained in a range above the USD 38,000 level. BTC is currently (11:57 UTC) trading near USD 38,500 and facing a couple of key hurdles near USD 39,000 and USD 39,200. BTC is unchanged in a day and down 5% in a week. If there is no upside break, the price could…
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The price of bitcoin (BTC) fluctuated on Tuesday, as market participants took a wait-and-see approach ahead of an expected interest rate announcement by the US Federal Reserve (Fed) on Wednesday. Meanwhile, analysts said bitcoin appears resilient in the face of a negative outlook for risk assets…. Read More: ‘Surprisingly Robust’ Bitcoin Slips Lower as…
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The risk of corporate capture is extreme in proof-of-stake (PoS) systems as PoS transforms novel financial systems into pure plutocracies, dozens of US-based high-profile companies warned in a letter to the US Environmental Protection Agency…. Read More: Major Bitcoin & Crypto Companies Warn of ‘Extreme’ Risk in Proof-of-Stake Systems Read more »Pay, Trade, Buy…
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The crypto platform Crypto.com is again changing its stance on rewards in its own CRO token to cardholders, after a backlash from the community on plans to cut token rewards. CRO trimmed some of its earlier losses following the announcement. At 13:07 UTC, CRO traded at almost USD 0.30 and was up less than…
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Strong ADA accumulation among whales is also in progress, according to on-chain data. Cardano (ADA) price has been rebounding after falling to its worst levels since February 2021. Meanwhile, a technical fractal suggests that ADA’s upside retracement could continue in the coming weeks. Can ADA price extend the recovery? ADA’s price has started bouncing after…
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Gaming is now one of the most profitable sectors of the entertainment industry, with consumer spending in the United States growing 8% in 2021 to top $60.4 billion in revenue. Worldwide, the games market generated an estimated $180.3 billion in 2021, up 1.4%. Within that segment are the hugely popular play-to-earn blockchain-based games, which are…
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The report highlights DeFi’s potential for lower financial audit costs and substantial opportunities for financial integration across borders. Analysts from the European Commission showed an unexpected understanding of how decentralized finance (DeFi) actually functions, having defined it as something different from the traditional financial system and acknowledging that it would require rethinking the approach to…
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“You can’t think of a worse macro environment” than right now, Tudor Jones tells mainstream media ahead of the Fed’s presumed rate hike confirmation. Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4’s Federal Reserve comments. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tudor Jones says “no thanks” to stocks, bonds…
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The second-largest blockchain has developed a massive ecosystem around it. However, its scalability issues have made room for “ETH Killers” to enter the ring. Ethereum has proven to be a formidable force. While its major issues have spawned other coins aimed at addressing them, Ethereum looks to shed its old skin with the release of…
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