Author: Donald Munn
PRESS RELEASE With a total value of $26.9 billion in trading volume in 2021 and projected to reach $80 billion by 2025, the Non Fungible Token (NFT) market is one of the fastest-growing sectors globally. McDonald’s enters the NFT world in Italy Economic significance aside, the world of certified digital works introduces a completely new way of conceiving the art sphere, breaking down physical and conceptual barriers and making it accessible to a wider and more dynamic audience. At the basis of this phenomenon are inclusion and democratization, cardinal principles of McDonald’s, which from today enters the NFT world also…
Terra has overtaken Ethereum in terms of total value of staked assets. This is revealed in a chart provided by Staking Rewards. Staked assets, Ethereum third on the list According to this chart, the blockchain with the most staked assets is Solana, which has $31 billion in staked value. It is followed by Terra, with 29 billion, and then Ethereum 2.0 which has $24 billion in staking. Terra’s overtaking of Ethereum is due to Terra’s sudden increase in value. In fact, the LUNA token gained a further 4% today on a largely flat day for the crypto market, rising to…
Bitcoin Analysis Bitcoin’s price was controlled by bullish market participants on Monday and after BTC traders had settled up on the day BTC’s price had climbed +$1,939.9. The first chart we’re analyzing today is the BTC/USD 1D chart below from shri2222. BTC’s price is trading between 0.5 fibonacci level [$37,702.33] and 0.382 [$45,671.63]. From the perspective of bullish BTC traders, they’re aiming to crack the 0.382 fib level and will shift their focus if successful there to 0.236 [$55,531.95]. Bullish BTC market participants have a third target of the $70k level near the peak of BTC’s all-time high. BTC’s price…
It has been speculated for years now that sooner or later the market capitalization of ETH (Ethereum) will overtake that of BTC (Bitcoin). The capitalization of Ethereum and Bitcoin between the halvings This time it is the turn of crypto analyst Nicholas Merten, according to whom an overtaking would still be a major possibility in this same market cycle. The crypto market cycles follow those of Bitcoin, which are in turn marked by halvings. The current one is the fourth cycle, which began on 11 May 2021 with the third halving. In the previous cycles, ETH’s market capitalization never managed…
Dan Schulman, CEO of PayPal, has expressed his views on cryptocurrencies, stating that the most curious part is how crypto can provide greater utility in payments. PayPal CEO: crypto provides utility in payments According to an interview, CEO of PayPal Dan Schulman, seems to be fascinated by the world of cryptocurrencies, not so much as an asset class but about what kind of utility they can provide in payments. Here are his verbatim words: “I’m very excited about what crypto and digital ledger technology can do to the financial system going forward. I think the initial things that everyone thinks…
Binance, the largest cryptocurrency exchange, has been licensed as a crypto service provider by the Central Bank of Bahrain (CBB). Binance and the license as a crypto service provider in Bahrain The crypto-exchange is also expanding into the Kingdom of Bahrain, obtaining a licence as a cryptocurrency service provider. #Binance has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB).https://t.co/mgRrEpbCSl — Binance (@binance) March 14, 2022 “Binance has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB)”. In this regard, Changpeng Zhao (CZ), founder and CEO of Binance, said: “The…
Elon Musk will not sell his Bitcoin, Ethereum and Dogecoin and the three cryptocurrencies are expressing their gratitude, as their prices show slight gains. At a time when the market is having a tough time, even a few positive points seem to do a lot. Elon Musk: I am not selling Bitcoin, Ethereum and Dogecoin It all started with the comments made by the CEO of Tesla via Twitter. After commenting on the inflation trend in the United States, he received a reply from pro-Bitcoin Michael Saylor. Elon Musk replied in turn that during periods of inflation, it is better…
SPONSORED POST* Every day there are several crypto projects being launched. Usually, the first step is to organize pre-sales with the tokens sold at extremely cheap prices. However, only those with large amounts of capital can actually participate in these sales. Lucrosus Capital has access to these sales, and is able to share participation in private pre-sales of the best crypto projects with other interested investors. Lucrosus Capital Lucrosus Capital recently totaled $500,000 with its Public Sale, and opened its own LUCA Launchpad ICO on Lucroso.capital. It is the first gamified decentralized platform (DeVC) for venture capital. Its goal is…
The European Parliament’s ECON committee has rejected the idea of including in the MiCA the possibility of issuing a ban in the EU on cryptocurrencies with the PoW algorithm, thus on Bitcoin. What happened in the European Parliament Explaining the facts is Patrick Hansen of Unstoppable DeFi on Twitter: BREAKING: The ECON committee of the EU Parliament just voted against the de-facto POW-ban: 32 against, 24 in favor. Big relief & political success for the bitcoin & crypto community in the EU Will share a breakdown of the vote and what’s next here in this thread. #Bitcoin — Patrick Hansen…
Block has released new updates on the hardware Bitcoin wallet it is developing: it will have a fingerprint sensor and no display. The community didn’t like that. Block: news about the Bitcoin wallet As explained in the dedicated blog post, Block’s wallet will be a combination of two elements: an actual hardware wallet and an app to interact with it. In fact, from what emerges, the most important part will be the app. The hardware part will only be used to authorize the most important transactions. This is where the use of the fingerprint comes in, replacing the PIN, seed…