Blockchain news

As Bitcoin Price Rally Breaks, What Can The Perpetual Futures Market Tell Us?

Bitcoin’s perpetual futures market funding rate can play a key role in short-term price movement. So where do things stand now? Bitcoin’s perpetual futures market funding rate can play a key role in short-term price movement. So where do things stand now? The below is an excerpt from a recent edition of Bitcoin Magazine Pro, […]

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Blockchain news

Lido (LDO) Price Spikes Over 10% In 24 H, Making It Most Profitable Alt

The broader crypto market showed an impressive price rally mid-day, August 31. Cryptos such as Bitcoin and Ethereum have increased by 0.87% and 2.58%. BTC’s price is $20,319.03, while ETH has regained a hold on $1589.74. The top coins are now trading in the greens.  But the morning hours of August 31 didn’t sit well […]

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Blockchain news

Altcoins Outperform Bitcoin In August Rollercoaster

Altcoins have taken over bitcoin in terms of outperformance this month. While the crypto market as a whole has suffered losses, bitcoin has declined more in a time when the digital asset would have served as safe haven for investors. Now, with altcoins taking the lead in terms of recovery, it points to the downtrend […]

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Market Analysis

FTX’s Sam Bankman-Fried Visited White House in May

The CEO of FTX visited the White House when he testified before government agencies in May. Key Takeaways FTX CEO Sam Bankman-Fried and other employees of the FTX exchange visited the White House in May. Details of the visit are unknown, but the visit coincided with Bankman-Fried’s testimony before Congress. FTX staff met with members […]

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Market Analysis

Analyst says 40% of users in most Web3 games are bots — Here’s how to avoid being fooled

The decentralized application industry pushed above $40 billion in smart contract deposits in February 2021, and currently the figure stands at $59 billion. To date, “real money” continues to flow into the sector, and on Aug. 29, gaming startup Limit Break raised $200 million. The project gained popularity after the successful launch of its DigiDaigaku […]

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Regulation Updates

US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review

The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental. 439 Total views 9 Total shares There are more than 1,400 DApps in operation and their number is growing rapidly, according to a United States Federal Reserve Board discussion […]

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Altcoin News

Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’

BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.” 67 Total views 27 Total shares Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in […]

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NFT Stream

Crypto Twitter shares security concerns regarding Meta’s recent NFT integration news

Meta recently announced its latest NFT feature will allow users to connect their digital wallets to Instagram and Facebook. 787 Total views 6 Total shares On Aug 29, Facebook and Instagram’s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by […]

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NFT Stream

Ticketmaster selects Flow blockchain for minting NFT event tickets

Customers will receive an NFT on top of a regular ticket purchase for select events. 590 Total views 51 Total shares According to Flow, a digital engagement layer-1 blockchain created by Dapper Labs, Live Nation’s subsidiary Ticketmaster has unveiled nonfungible tokens (NFTs) tickets for event organizers minted on its blockchain. The primary purpose of the […]

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NFT Stream

A16z proposes a set of licenses especially for NFTs, based on Creative Commons model

The six licensing templates devised by VC firm Andreessen Horowitz are irrevocable and amendable, and give creators the power to set five variables for the future use of their works. 1041 Total views 18 Total shares Venture capital firm Andreessen Horowitz (A16z) announced Wednesday that it had devised a set of six licenses tailored to […]

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