On Wednesday, Swiss forex bank Dukascopy predicted Bitcoin’s short-term price target based on its hourly, daily, and weekly charts. In a technical analysis video, the director of FinGraphs Jean-Francois Owczarczak opined that NASDAQ is related to cryptocurrency and both their weekly and daily graphs show a total uptrend. However,
El Salvadoran protesters kicking against the recently implemented Bitcoin have destroyed a crypto kiosk in the nation’s capital city of San Salvador. Videos making rounds on social media show a Chivo-supported kiosk in San Salvador being burnt down amid a crowd of journalists and protesters on Wednesday. The Bitcoin
Although there has been a lot of drama surrounding El Salvador’s Bitcoin Law, it appears the country is off to a great start. According to reports from local news media, El Salvador's digital Bitcoin wallet Chivo already hosts half a million users. While this may seem like
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H3RO3S, which aims to launch a play-to-earn game on the Binance Smart Chain (BSC), has raised $1.1 million from various crypto funds, including DCI Capital. $1.1 Million Raised from Seed and Private Sales As per an update on September 14, the funds accumulated from their seed and private
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Cryptocurrency is probably the most divisive financial asset of the decade. Some, like the Microstrategy CEO Michael Saylor or the founder of Twitter Jack Dorsey, believe that Bitcoin can become a $100 trillion asset and ‘create world peace’. Others, like the billionaire investor and notable ’gold bug’ Peter Shiff, say
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According to a report on Reuters, the NFT sales volume surged $2.5 billion within the first half of 2021. According to Nigel Green, the CEO of financial advisory organization deVere, the NFT market will witness a massive increase in trading volume within the next year. With these bullish pointers
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As the crypto industry gets bigger and more popular, talented developers are not only creating platforms that are simply a more decentralised version of what came before, but are exploring entirely new ideas with never-before-seen mechanics, either in the blockchain space or outside it. One perfect example of a unique
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Bitcoin has been known as the king of the cryptocurrency industry for nearly 13 years now. But, ever since Ethereum was launched, the crypto industry has been walking two paths at the same time, with one seeing digital coins as a method of payment, while another focused on the blockchain
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In his testimony before the Senate Banking Committee, Gary Gensler, the head of the US Securities and Exchange Commission (SEC), said that many cryptocurrencies are securities. While responding to a question from Senator Pat Toomey about the security status of cryptocurrencies, Gensler opined that “very many” digital assets, including stablecoins,
Over the past year, Bitcoin adoption in Africa has grown by over 1,200%. According to a report by blockchain analytics firm Chainalysis, Africa is the third-fastest growing Bitcoin economy globally. The increased crypto activity in the region has been fuelled by retail investors who turn to Bitcoin for savings,
According to data compiled by cryptocurrency trading simulator Crypto Parrot, an average of 149,843 new unique Ethereum addresses have been created daily since the beginning of the year. The highest number of addresses created (332,094) was recorded on June 5, and a total of 1,389,999 unique
Cathie Wood, the CEO of Ark Invest, expects Bitcoin to climb to $500,000 in the next five years. The avid Bitcoin advocate voiced her bullish prediction during an interview with CNBC anchor Andrew Ross Sorkin at the SALT Conference in New York City on Monday. In response to a
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Day trading tends to be a retail trader’s gateway into the trading world. It has a low barrier to entry and doesn’t require significant upfront capital. But that also means it’s easy for new traders to lose their hard-earned cash to the market due to technical and
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Reality Cards — a hybrid between a predictions market and an NFT marketplace currently in beta on the EVM-compatible Polygon—is exploring the crypto Twitter metaverse, looking to hire talented digital artists, a recent post reveals. "Reality Cards are finally bringing prediction markets into the NFT space" - Alexandra
China’s Hebei province has become the latest region to clamp down on Bitcoin mining operations, Reuters reported. However, it appears the crypto market has become immune to negative news from China. The northern region issued a statement agreeing to act together with other government departments to crack down on
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New York-based Magnum Real Estate Group is looking to sell three ground-floor stores valued at $29 million as part of a luxury residential project in Manhattan and is open to accepting Bitcoin as payment for services. Available to let at 385 First Avenue, commonly known as CODA, is over 9,