Archives par catégorie: Business

Why Hubble Protocol Is The Hottest IDO On The Market This January

Why Hubble Protocol Is The Hottest IDO On The Market This January

Decentralized finance (DeFi) on Solana has been growing at a massive rate. One project to look out for, Hubble Protocol, will be making a huge addition to the DeFi offerings on Solana when it launches a stablecoin borrowing platform (being called “the MakerDAO of Solana”) on Mainnet Beta this January 28th, 2022. Before the launch […]

TA: Bitcoin Reaches Key Juncture, Why Recovery Won’t Be Easy

TA: Bitcoin Reaches Key Juncture, Why Recovery Won’t Be Easy

Bitcoin traded towards $41,200 before recovering against the US Dollar. BTC must clear $42,800 to start a fresh increase in the near term. Bitcoin extended decline and traded below the $42,000 support zone. The price is still trading below $43,000 and the 100 hourly simple moving average. There is a crucial bearish trend line forming […]

Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think?

Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think?

Bitcoin has made its own fair share of millionaires and with the recent bull rally, there is no doubt that this number went up drastically. This has led to a number of issues of investors who have made their money off the digital asset, the main one being taxes. A lot of these millionaires have […]

70% Of Bitcoin Supply Is In Profit – Why Bulls Need To Defend This Level

70% Of Bitcoin Supply Is In Profit – Why Bulls Need To Defend This Level

On-chain data shows about 70% of the total Bitcoin supply is currently in profit, a level that has historically been important for bulls. Around 30% Of Total Bitcoin Supply Is Now Underwater As per the latest weekly report from Glassnode, the percentage of BTC supply in profit has now fallen off to just 70%. The […]

The NFT Investor’s Worst Nightmare: IRS Craves For A Crackdown

The NFT Investor’s Worst Nightmare: IRS Craves For A Crackdown

Last year, when the NFT Everydays: The First 5,000 Days by Beeple sold at Christie’s for $69.3 million, it catapulted the non-fungible token’s market into the mainstream. A large number of people have invested billions in this industry and the boom is not stopping. Recently, NewsBTC reported an aggressive surge in the NFT trading volume […]

Intel To Present Low Voltage, Energy Efficient Bitcoin Mining Chip At Conference

Intel To Present Low Voltage, Energy Efficient Bitcoin Mining Chip At Conference

This could be huge. Intel plans to enter the Bitcoin mining space with a cleverly marketed “ultra-low-voltage energy-efficient” ASIC chip. Considering that the chip shortage severely delayed the next generation of ASIC miners, this is tremendous. And, more importantly, it opens up the door for Bitcoin miners manufacturing in the USA. And in the rest […]

Why Polygon Will Implement Ethereum’s EIP-1559 Update

Why Polygon Will Implement Ethereum’s EIP-1559 Update

Ethereum’s scalability solution Polygon will implement this network update in its fee model via EIP-1559. According to an official post, this upgrade will introduce a burning mechanism for MATIC and will improve its fee visibility. Related Reading | Polygon Expands Its Footprint As Evolving NFT And Gaming Ecosystems Seek Ethereum Alternatives Ethereum introduced EIP-1559 with […]

American Rapper Lil Baby On Holding Bitcoin And Ethereum Over Fiat

American Rapper Lil Baby On Holding Bitcoin And Ethereum Over Fiat

For years now, some investors have preferred to hold their wealth in cryptocurrencies like bitcoin and ethereum as opposed to cash. As cryptocurrencies become more popular, this school of thought has become more widely shared to the point where even billionaires and celebrities have publicly come out to say that they would rather hold their […]

Coinbase and Mastercard partner to revolutionize NFT purchase experience

Coinbase and Mastercard partner to revolutionize NFT purchase experience

Byline: Prakash Hariramani, Senior Director, Product Our mission at Coinbase is to increase economic freedom in the world. By enabling more people to join the creator economy and profit from their work, NFTs (Non-Fungible Tokens) have an important role to play in this mission. However, the experience of purchasing an NFT remains complex for many users. […]

TA: Ethereum Revisits Key Support, Why Recovery Could be Capped

TA: Ethereum Revisits Key Support, Why Recovery Could be Capped

Ethereum extended decline below the $3,300 support zone against the US Dollar. ETH price could recover from $3,120, but it might face hurdles near $3,250. Ethereum extended decline below the $3,300 and $3,250 support levels. The price is trading below $3,250 and the 100 hourly simple moving average. There is a key bearish trend line […]

Mars4 Metaverse NFT Sale Raises Over $250k in a Day: The World’s First Virtual Mars NFTs Are Selling Rapidly

Mars4 Metaverse NFT Sale Raises Over $250k in a Day: The World’s First Virtual Mars NFTs Are Selling Rapidly

Mars4 is a multi-tiered project that combines NFTs, Crypto and an immersive survival game together that will provide a window to a virtual Mars and a broader range of investment opportunities via the world’s first revenue-generating NFT. The sale of Mars4 NFTs raised over $250K in a day and saw land plots sell swiftly via […]

Crypto.com Restores Withdrawals After Reportedly Losing $15m To Hackers

Crypto.com Restores Withdrawals After Reportedly Losing $15m To Hackers

Crypto.com, the popular cryptocurrency exchange platform, halted all deposits and withdrawals on Monday, January 11, citing “unauthorized activity” on some accounts. It has, however, reinstated some accounts and withdrawal services, noting that the accounts are now safe. News From Yesterday According to security and data analytics firm PeckShield, Crypto.com has been the latest target of […]

Crypto.com Adds Jon Russell As Asian Based General Partner

Crypto.com Adds Jon Russell As Asian Based General Partner

The Singapore-based company, Crypto.com, has hired the former TechChurch and The Ken reporter, Jon Russell as their Asian-based general partner. And with this new development, they hope to expand Fund further. Crypto.com’s $200 million Web 3 fund came into existence in March 2012. As of Monday, intending to expand via the venture arm of investing […]

Metaverse Avenue, The Solana Based Marketing Platform Set To Transform A Billion Dollar Industry

Metaverse Avenue, The Solana Based Marketing Platform Set To Transform A Billion Dollar Industry

Digital assets have experienced a boom in the past years with new trends, such as DeFi, NFTs, and digital property, supporting a new wave of adoption led by institutional demand. These players have embraced the technology upon which they are planning to build the internet of the future, the Metaverse. In the coming years, as […]

Thailand Government Disperses Confusion Surrounding Cryptocurrency Taxation

Thailand Government Disperses Confusion Surrounding Cryptocurrency Taxation

Before now, some countries have mapped out some crypto taxes for transactions on cryptocurrency assets within their jurisdiction. Thailand is one of the countries that proposes some taxation plans. As the new year begins, the revenue department of Thailand is setting up its measures for implementing its tax plans on crypto traders this January. The […]

TA: Bitcoin Key Indicators Suggest A Strengthening Case For Move Below $40K

TA: Bitcoin Key Indicators Suggest A Strengthening Case For Move Below $40K

Bitcoin failed to stay above the $43,000 support against the US Dollar. BTC is trading in a bearish zone and could continue to move down below $41,200. Bitcoin is struggling to climb above the $42,500 and $42,800 resistance levels. The price is trading below $43,000 and the 100 hourly simple moving average. There is a […]

Green Energy: In NY, Bitcoin Mining Saved The Oldest Working Hydroelectric Plant

Green Energy: In NY, Bitcoin Mining Saved The Oldest Working Hydroelectric Plant

Another day, another hydroelectric plant saved by Bitcoin mining. For the untrained eye, the narrative that says that Bitcoin incentivizes green energy might seem convenient. However, each day more concrete examples come to light. Like the Navajo Nation case. Or this hydroelectric plant in Costa Rica. In contrast, China banned Bitcoin mining and some hydroelectric […]