NFT stands for Non-Fungible Token – Non-Fungible meaning unique, and token meaning record of ownership stored on a blockchain. Put together, an NFT is a record of ownership of a unique item that’s stored on a blockchain. While NFTs had their start in generative art, their use cases have expanded to include other digital items […]
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Ethereum started a downside correction from $3,400 against the US Dollar. ETH price is holding the $3,250 support and eyes a fresh increase above the $3,320 resistance. Ethereum started a downside correction from the $3,400 resistance zone. The price is trading above $3,250 and the 100 hourly simple moving average. There was a break below […]
Tether has been one of the biggest question marks in crypto in recent years, and that hasn’t changed as adoption has grown. Decentralization has been a hot topic, and while the word itself isn’t mentioned once throughout Satoshi Nakamoto’s Bitcoin whitepaper, it is a core identity that has been latched on to bitcoin, and crypto […]
Bipartisan lawmakers from the U.S. House and Senate Agriculture Committees have requested clear information from the chair of the Commodities Futures Trading Commission (CFTC) about the crypto industry and their role in monitoring it and taking enforcement actions. The CFTC chair Rostin Behnam intends to expand the regulator’s authority over the crypto market. Democrats and […]
Bitcoin extended increase above the $44,000 level against the US Dollar. BTC is correcting losses, but it might find support near the $42,000 support zone. Bitcoin climbed further higher above $44,000 before it faced sellers. The price is trading near $42,750 and the 100 hourly simple moving average. There was a break below a key […]
Block, formerly known as Square, is working on an open-source bitcoin mining system, according to CEO Jack Dorsey. He referenced a more detailed thread on the project’s objectives by the company’s general manager for hardware, Thomas Templeton. We’re officially building an open bitcoin mining system https://t.co/PaNc7gXS48 — jack (@jack) January 13, 2022 Block Is Working […]
Bitcoin has grown from being ‘internet money’ used by only a few thousand people during its first few years to being part of the balance sheets of big companies and sovereign states. El Salvador is a case in point for a country that has committed fully to the bitcoin mission, putting millions of dollars into […]
By Trent Fuenmayor, Program Manager, Coinbase Giving In August, we made a call for applications through our Crypto Community Fund focused on blockchain developers who contribute directly to a blockchain codebase, or researchers producing white papers. Today, we’re excited to announce the Fund’s second batch of developer grants to 6 recipients: AMIS Technologies, Josie, Escanor Liones, […]
Starting today Inverse Finance (INV), Liquity (LQTY), Polyswarm (NCT) and Propy (PRO) are available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store INV, LQTY, NCT and PRO in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets […]
Bitcoin has enjoyed some uptrend over the past day as the crypto once again visits the $44k price level. On-chain data suggests that an uptick in exchange outflows may be behind the move. Bitcoin Exchange Outflows Observe A Spike In The Past Couple Of Days As pointed out by an analyst in a CryptoQuant post, […]
Billionaire Jeff Gundlach has shared his thoughts around bitcoin, saying that the digital asset is massively overvalued. Gundlach who is also known as the ‘Bond King’ is the founder of the investment firm, DoubleLine Capital. Bitcoin which has suffered numerous dips that have caused it to lose over 30% of its all-time high value continues […]
Decentralized finance (DeFi) is a blockchain-based alternative finance system focused on providing decentralized financial services created by developers that anyone can take advantage of and access from anywhere in the world. These are non-custodial financial services that differ from centralized alternatives, as they are run by groups of individuals through decentralized organizations and give users […]
While the space race for humanity began in the mid-1950s, blockchain technology took its first steps outside Earth in February 2018, and now Elon Musk has declared the start of the space race in early June 2021. With the recent news that SpaceX was going to carry some payload funded by Dogecoin, the latter was […]
Web3 is the latest buzzword to see an uptick in interest in recent months — What does it actually mean? Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey Angie Wang & Justin Mart. A lot of definitions have been thrown around, but at Coinbase, we generally think of Web3 as […]
On Jan. 11, Federal Reserve Chair Jerome Powell told Senate legislators that nothing prevents privately issued stablecoins from coexisting with a prospective Fed central bank digital currency (CBDC). Jerome Powell Confirms Fed-issued Digital Currency Is Underway Sen. Pat Toomey (R-Pa.) asked Powell during his confirmation hearing for a second term as Fed chairman whether there […]
Since their inception, cars have captivated artists. Cars have been featured in studios and galleries worldwide as objects of love, hate, and even as a fetish. And, more often than not, this is because artists are self-proclaimed fans of the art they create. With Web3 being a powerhouse of revolution, art has taken a whole […]
Even Wikipedia fell for the environmental FUD surrounding Proof-Of-Work mining. A proposal to “stop accepting cryptocurrency donations” is currently under discussion. It starts with the same very thin arguments that the whole mainstream media irresponsibly uses. However, it gets better and more interesting. In general, it’s amazing to see both sides of the argument unfolding. […]
Monetizing your internet connection According to OpenVault’s broadband study from 2021, the average US household uses approximately 435GB of data per month. However, many internet service providers (ISPs) offer 1TB+ monthly data allowances or unlimited data plans. Many internet users waste hundreds of millions of gigabytes worth of unused bandwidth every month. Now there is […]
SocialGood has a smartphone app worldwide, called the SocialGood App, which allows users to get SocialGood (SG) crypto assets for free by shopping at over 1,800 online retailers. Shopping with the app through a process called Shopping Mining, users can shop and receive SG as a form of “cryptoback”. How is SocialGood beneficial for your […]
Ethereum gained pace above the $3,250 zone against the US Dollar. ETH price is correcting gains from $3,400, but dips might be limited in the near term. Ethereum started a strong increase above the $3,250 resistance zone. The price is trading above $3,250 and the 100 hourly simple moving average. There is a major bullish […]