Tag: bitsell x

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Bitcoin & Ethereum Funding Rates Signal Continued Bullishness Despite Recent Selloff

Funding rates in the market for bitcoin (BTC) and ethereum (ETH) perpetual futures contracts reveal that most crypto derivatives traders continue to lean bullish, despite falling spot prices over the past 24 hours. Judging from data by Coinglass, funding rates on the BTC/USDT perpetual contract on the major crypto exchange Binance have largely remained positive…
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GameStop ‘Falling Man’ NFT saga shows people’s power at its finest

While GameStop faced the heat for an insensitive NFT listing, OpenSea had the Falling Man NFT listed on its platform for over two months. A recent nonfungible token (NFT) listing on GameStop’s marketplace became the center of controversy in the NFT world. The listing received heavy backlash from the community, which prompted the marketplace to…
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Ethereum’s bearish U-turn? ETH price momentum fades after $1.6K rejection

Ether risks falling further below $1,350 in August as the ETH price rally is losing steam. Ethereum’s native token Ether (ETH) tumbled on July 26, reducing hopes of an extended price recovery. The ETH/USD pair dropped by roughly 5%, followed by a modest rebound to over $1,550. Ethereum gets rejected at $1,650  These overnight moves…
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zk-STARKs vs. zk-SNARKs explained

zk-STARKs and zk-SNARKs are the two most well-known zero-knowledge proof technologies. Learn what they mean and the difference between the two in this guide. zk-STARKs vs. zk-SNARKs: Main differences Both zk-STARKS and zk-SNARKs are types of non-interactive ZKPs. However, they are different from various perspectives, as discussed in the table below: Based on the above…
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Thai SEC launches digital hotline for Zipmex users

The investors affected by Zipmex’s withdrawals’ pause can submit information about their losses via an online forum on the Thai SEC’s official website. In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors. Thailand’s Securities and Exchange Commission (SEC)…
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Square Enix partners with Enjin to launch Final Fantasy VII collectibles

Fans can pre-order Final Fantasy VII’s 25th-anniversary figures at the Square Enix store while the digital collectibles will be available in 2023. Game development giant Square Enix partnered with nonfungible token (NFT) platform Enjin (ENJ) to launch a digital and physical collection featuring Final Fantasy VII, a highly popular video game series.  In an announcement,…
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Web3 & Metaverse NFT Domains Now Available to Mint at Quik․com

Quik.com is offering NFT domains as a gateway pass for users to establish their very existence on the web of tomorrow and the metaverse. A wide range of top-level domains, including .metaverse, .web3, .vr, and many others, are available on this NFT domain marketplace, Quik.com, enabling users to unleash their creative side on the web…
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Coinbase Reportedly Facing SEC Probe for Listing Unregistered Securities

Coinbase, the U.S.-based cryptocurrency exchange, is reportedly facing a probe from the Securities and Exchange Commission (SEC) over the listing of several crypto assets on its platform. The investigation, according to three people with ostensible knowledge of the matter, is examining whether the exchange has been listing assets that can be classified as unregistered securities.…
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NFT Market Projected to Reach $200 Billion in 2030

A new report is predicting that the total value of the NFT market will reach $200 billion in 2030. The report, issued by Grand View Research, a multinational market insights company, found that the rising demand for this kind of instrument — due to its growing number of applications — will fuel growth of the…
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Binance CEO Sues Bloomberg’s Partner Over ‘Shitcoin Casino’ Article

Changpeng ‘CZ’ Zhao, CEO of crypto exchange Binance, seems to be very unhappy with his portrayal by a major media outlet, as he is willing to go to court to fight against it. Zhao has sued the Hong Kong publisher of Bloomberg Businessweek after a Chinese language version of an article allegedly depicted him as…
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