Many people became interested in the NFT market, whether its in-game items or works of art. Among them are collectors who saw a new era of digital art in NFTs and investors who could not miss a market growing by thousands of percent a year. Where do they buy these tokens, and what are the right steps? Lets figure it…
In a survey of more than 10,000 Americans randomly selected by residential address, the Pew Research Center has revealed that crypto awareness is growing. The survey showed that over four-fifths (86%) of those surveyed have heard at least a little about cryptocurrencies. In a similar survey conducted in 2015, which focused exclusively on Bitcoin, just 48% of surveyees had heard…
FTX US is expanding its presence in Miami, Florida, where the crypto exchange has already established a firm foothold. The firm is building permanent office space for 16 to 18 employees in Miamis financial district, according to a recent Bloomberg interview with FTX USs vice president of business development, Avinash Dabir. Dabir also said there is a significant opportunity in…
Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry’s primary crutch during the last seven years, according to a new report. Essentially, USDT is a bridge between traditional currencies like the U.S. dollar and decentralized digital currencies operating on open blockchain networks. Independent crypto outlet Protosprovided an in-depth insightinto the most common stablecoin and the liquidity…
Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC: Consolidation becomes down move Data from Cointelegraph Markets Pro and TradingViewcaptured fluid market conditions on Friday, with BTC/USD acting in a $2,000 range. The pair had spent the previous day tracing sidewaysbehavior that was…
Most game developers in U.S. and U.K. are now using blockchain elements in their games, according to a study released this week. The study, commissioned by a company named Stratis, reveals that the popularity of blockchain, NFTs, and the new play-to-earn model in the crypto market is making game developers change the traditional ways in which games are produced, with…
Cryptocurrencies appear to be far from ready for business-to-business (B2B) commerce so far due to factors like lack of convenience, a new survey suggests. According to a joint survey by payment-related startups Invoiced and PaymentsNEXT, 59% of B2B respondents are not open to the idea of accepting cryptocurrency as a means of payment. Released on Thursday, the survey found that…
Bitcoin (BTC) shook out leveraged traders in classic style this week, but new data suggests that the market is broadly healthier than earlier in the year. Highlighting findings from its latest weekly newsletter, data analysis firm Arcane Research showed how aligned futures markets have become in Q4 2021. “Healthier” market keeps bullish bias sustainable With a sudden BTC price correction…
While Nigerians have seemingly embraced the Central Bank of Nigeria (CBN)’s digital currency, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. Threat From Fintech Startups In addition, some analysts insist the digital currency’s already tenuous position is made worse by the fact that it has to compete with fintech startups.…
sponsored OVR has decided to upgrade its token economics to make its own tokens more rare and valuable. Last May, the OVR team burned about 1 million OVR tokens to celebrate the first six months of the project. Now it is announcing an exciting decision to make token burn an integral part of its token economics. OVR’s token economics plan…
