Archives par catégorie: Business

Silks Secures $2 Million Funding To Develop The First-Ever Thoroughbred Horse Racing Metaverse

Silks Secures $2 Million Funding To Develop The First-Ever Thoroughbred Horse Racing Metaverse

Game of Silks (Silks), the first-of-its-kind derivative play-to-earn (P2E) metaverse featuring derivative NFTs, has successfully secured $2 million in funding. This fresh capital injection comes just weeks ahead of the Kentucky Derby and the upcoming launch of Silk’s first NFT collection. Tropical Racing Inc., a premier thoroughbred horse breeding and racing company, is among the […]

Now Or Never: Bitcoin Builds Base At Decade-Long Parabolic Curve

Now Or Never: Bitcoin Builds Base At Decade-Long Parabolic Curve

The masses are bearish on Bitcoin. The market is convinced that prices below $30,000 will be revisited given the continued weakness in the top cryptocurrency by market cap.  All eyes are on the massive “bear flag,” but could it instead be a bear trap? Bitcoin price continues to grind along a decade long parabolic trend […]

Why Crypto Casinos Are Your Best Choice For Online Gambling

Why Crypto Casinos Are Your Best Choice For Online Gambling

The crypto industry has great value for users and industries often cast aside by traditional financial institutions. Online gaming is one of the best sectors to bridge the power of blockchain technology with players looking to benefit from a more secure, fairer, and transparent system. Online casinos supported by cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, […]

Crypto Market Cap Falls By $80 Billion In A Day As Bitcoin Dumps Below $40K

Crypto Market Cap Falls By $80 Billion In A Day As Bitcoin Dumps Below $40K

The crypto market cap declined by about $80 billion today as Bitcoin dropped to a monthly low beneath $39,000. The crypto markets are on another roller coaster ride today, with bitcoin slipping below $40,000 and many altcoins dumpings as well. Ethereum has taken it on the chin losing over 5% of its value to sit […]

Everything You Need to Know About Play-to-Earn on Algorand in 2022

Everything You Need to Know About Play-to-Earn on Algorand in 2022

The gaming industry is diverse and ever-increasing, and recent developments prove that this also applies to blockchain-powered gaming. As the latest estimates suggest, the number of crypto wallets related to gaming witnessed an astounding increase from 29,563 at the start of 2021 to a whopping 754,000 in the third quarter of 2021. With this impressive […]

Conquering Terrain: Terra’s Stablecoin UST Is Now Crypto’s Third Biggest

Conquering Terrain: Terra’s Stablecoin UST Is Now Crypto’s Third Biggest

Terra’s US dollar-pegged algorithmic cryptocurrency UST is moving up the ladder and now ranks third in terms of overall market capitalization. Today, the fast-growing Terra USD (UST) stablecoin from the Terra ecosystem passed another pivotal point, reaching a market valuation of more over $17 billion. As of Tuesday, UST had eclipsed the BSC-based stablecoin BUSD […]

Become a Property Developer in the Metaverse

Become a Property Developer in the Metaverse

The dawn of the metaverse is officially upon us, which means immersive gaming, socializing, and property sales are now virtually available. Our reality is going digital through Web3. The concept of valuing assets in the digital world is still mind-boggling to most. How does one actually own non-tangible real estate, and what is its purpose […]

TA: Ethereum Reaches Key Inflection Zone, $3,100 Is The Key

TA: Ethereum Reaches Key Inflection Zone, $3,100 Is The Key

Ethereum started a steady recovery wave above the $2,980 resistance against the US Dollar. ETH price is now facing a strong resistance near $3,080 and $3,100. Ethereum started a major upside correction from the $2,880 zone. The price is now trading above $3,000 and the 100 hourly simple moving average. There is a key bearish […]

TA: Bitcoin Recovers Losses But Here’s Why $41.5K Could Prevent Gains

TA: Bitcoin Recovers Losses But Here’s Why $41.5K Could Prevent Gains

Bitcoin extended decline below the $39,000 level against the US Dollar. BTC found support near the $38,550 zone and started a strong recovery wave. Bitcoin extended decline below the $39,250 and $39,000 levels before it found support. The price is now trading above $40,000 and the 100 hourly simple moving average. There was a break […]

The Young Turks Embarrass Themselves Trying To Discuss Crypto Regulation

The Young Turks Embarrass Themselves Trying To Discuss Crypto Regulation

Why do these Young Turks ladies dare to speak about a subject as complex as cryptocurrencies without doing ANY research? In the following video, both Ana Kasparian and Francesca Fiorentini read a New York Times article interpreting it as fact, while giving the most inane commentary you could imagine. To make things worse, they try […]

LUNA Moves On Its Own Beat, Bulls Aim For New ATH

LUNA Moves On Its Own Beat, Bulls Aim For New ATH

LUNA continues to display strength as the crypto market trends to the downside. Despite the current short-term increase in selling pressure, this cryptocurrency managed to enter uncharted territory, and its price action hints at more upside. Related Reading | Inside Terra’s $2.38 Billion Reserves, What Made The Lineup? As seen in the chart below, LUNA has […]

On-Chain Data: Bitcoin Whales Buy The Dip As BTC Drops To $39k

On-Chain Data: Bitcoin Whales Buy The Dip As BTC Drops To $39k

On-chain data shows a sharp spike in the Bitcoin exchange outflows, suggesting whales have been buying the dip to $39k. Bitcoin Exchange Outflows Show High Value Suggesting Whale Activity As pointed out by an analyst in a CryptoQuant post, the BTC exchange outflows have registered a large spike recently. The “exchange outflows” is an indicator […]

Bitcoin Traders Long The $39K Dip, Will BTC Head In Expected Direction?

Bitcoin Traders Long The $39K Dip, Will BTC Head In Expected Direction?

Rejected once again as it attempted to reclaim the $40,000 area, Bitcoin trades just north of $39,000. The first crypto by market cap is moving on a low timeframe range between the mid area of its current levels, and around $48,000. Related Reading | Bitcoin Clings To $40K On Easter Sunday As Crypto Seen To Head […]

Inside Terra’s $2.38 Billion Reserves, What Made The Lineup?

Inside Terra’s $2.38 Billion Reserves, What Made The Lineup?

Terra (LUNA) has been aggressive about filling up its reserves with trusted cryptocurrencies to serve as a backup for its stablecoin UST. This has evolved over time to include a number of various cryptocurrencies that now make up its reserves sitting at $2.38 billion. This is still a long way from where the Luna Foundation […]

CISO Pasi Koistinen on Cryptomarkets, Cybercrime and His Role in Coinhako

CISO Pasi Koistinen on Cryptomarkets, Cybercrime and His Role in Coinhako

The NewsBTC team interacted with Pasi Koistinen for the first time after he was appointed the CISO of Coinhako. We asked him a few questions about the new role and his views on crypto markets and cybercrime. Here is an excerpt of the interesting interaction that happened recently. Q: Thanks for joining us, and congratulations […]

TA: Ethereum Slides Below 3K, Why Bears Could Aim $2.5K

TA: Ethereum Slides Below 3K, Why Bears Could Aim $2.5K

Ethereum started a fresh decline from the $3,080 resistance against the US Dollar. ETH price traded below the key $3,000 support and even declined below $2,920. Ethereum failed to clear $3,080 and started a fresh decline. The price is now trading below $3,000 and the 100 hourly simple moving average. There was a break below […]