Author: Donald Munn
Warner Records and Bose collaborate in the Web3 space to create Stickmen Toys, an NFT collection. Warner Records and Bose together to enter the world of Web 3.0 and NFTs Warner Records, the famous California record label, will be the first major to create an NFT collection, thus beginning its venture into the Web3 space together with Bose. With a message via Twitter, the company has, in fact, announced a new partnership with Bose, the well-known sound equipment manufacturer, to enter the Web 3.0 world. The partnership aims to create Stickmen Toys, a collection of 5,000 unique audiovisual NFTs. We've…
Paris Saint-Germain has put NFT tickets for upcoming friendly matches on its Japan tour on sale. The price of the tickets in NFT is 30 million yen, or $218,817. Paris Saint-Germain and the Japan tour’s NFT ticket sale PSG on tour in Japan France’s Ligue 1 winning team, Paris Saint-Germain, is selling tickets for upcoming friendly matches on the Japan tour in their Non-Fungible Token (NFT) version. Specifically, it is selling three premium NFT tickets for each of the three matches. The value of each NFT ticket is 30 million yen, or $218,817, and the sale will be valid on…
Since peaking in May 2021, decentralized finance (DeFi) market values have begun a slow descent that does not seem to be hinting at stopping. On average, the DeFi sector is now 65% below its May peak, with most DeFi tokens experiencing even higher drawdowns. This is according to a recent report released by CoinShares two days ago. Prices of DeFi tokens drop TVL du secteur DeFi en baisse de 70% The second quarter of 2022, according to the report’s findings, proved to be one of the worst quarters for DeFi tokens. Indeed, prices of the best projects in the decentralized…
Bitcoin Analysis Bitcoin’s price continued to suffer from more bearish selling pressure on Monday and BTC’s price concluded its daily session -$909.6. We’re looking at two BTC charts today, each chart is from Handymans. The first bitcoin chart today is the BTC/USD 1W chart below on the left. BTC’s price is trading between 127.00% [$18,185.74] and 100.00% [$29,026.50], at the time of writing. The primary aim of bullish BTC market participants is to get back above the 100% fib level before shifting their focus to 76.40% [$38,502.13]. The third target for bullish BTC traders is 61.80% [$44,364.17]. From the bearish…
Bitcoin Analysis Bitcoin’s price failed to bullishly engulf the weekly timescale on Sunday after sellers controlled the last 12 hours of trading. When traders settled up at the session’s close on Sunday, BTC’s price was -$721.2. The first chart we’re analyzing for Monday is the BTC/USD 1W chart below by Todopoderoso. BTC’s price is again testing the trendline of a nearly decade-long uptrend on the weekly timescale that dates back to 2013 at the time of writing. It’s also interesting to note that BTC’s price tested the 200W MA [$22,557] on the weekly time frame. It’s just below the 200W…
SPONSORED POST* The price of Bitcoin has tanked to around the $20 mark and other major cryptocurrencies are feeling the effects of the crash just as acutely. But even as the bear market bites, some digital currencies are still managing to offer great long term investment opportunity , while also providing consistent daily profits. One coin that is quietly building momentum and gaining ground at a steady rate is RBIS, the native token behind the ArbiSmart project. Last week alone, the coin grew by over 65% and analysts are predicting a rise from the current price of under $1 to…
According to MicroStrategy CEO Michael Saylor, ETH (Ethereum) would “obviously” be a security, while BTC (Bitcoin) would be the only real commodity in the cryptocurrency sector. Michael Saylor’s thoughts about the nature of Ethereum He stated this during an interview last week in response to an explicit question about the classification of Bitcoin and Ethereum. On whether BTC is a commodity, i.e., an asset used in the markets, there is little doubt, so much so that even the chairman of the SEC reiterated this recently. However, with regard to other cryptocurrencies and tokens, excluding stablecoins, there has long been much…
The banking branch of the Swiss Post, PostFinance, is the fifth largest retail bank in Switzerland and will launch its own exchange platform for trading and custody of Bitcoin by 2024. Switzerland: PostFinance’s new crypto exchange coming soon The new crypto trading and custody service of the Swiss Post is coming In a note, PostFinance, which is in charge of the postal service in Switzerland, says it will launch its cryptocurrency exchange by 2024. The service will be custodial, meaning it will also provide custody of crypto as well as enable trading operations. Post Finance is said to have always…
After the rejection of Grayscale’s application to convert its GBTC fund into an ETF, the company sued the SEC. Grayscale does not drop lawsuit against the SEC It now turns out that Grayscale really means business, so much so that it is willing to pursue the lawsuit even for long enough to make its case. Indeed, recently Grayscale’s CLO (Chief Legal Officer) Craig Salm said the lawsuit could go on for a year or two. "What is the basis for Grayscale’s argument?""What happens after the Petition for Review is filed?""How long will legal proceedings take? @CraigSalm, Grayscale’s Chief Legal Officer,…
While the much-anticipated launch of the Merge has slipped to September, Ethereum is launching Grey Glacier. Grey Glacier: Ethereum’s new hard fork ahead of the Merge The new hard fork of the Ethereum network has arrived, preceding the Merge These are very delicate months for Ethereum, which is losing ground in the market more than other cryptocurrencies. According to many analysts, Ethereum’s declines which are greater than those of Bitcoin and many other cryptocurrencies, are mainly due to the planned new upgrades, first and foremost The Merge, which will result in a transition from Proof of Work to Proof of…