Bitcoin (BTC) fell $1,400 in half an hour during Nov. 9 after a snap sell-off hit Tesla (TSLA) stock. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tesla falls 12%, Bitcoin 2% Data from Cointelegraph Markets Pro and TradingViewshowed BTC/USD fall in line with TSLA shortly after the Wall St. open. The pair hit $66,650 before bouncing to linger at around…
Month: November 2021
Are carbon offsets good enough?
As global leaders discuss what needs to be done to address the concerns surrounding climate change at the COP26 summit in Glasgow, Scotland, businesses throughout the world are looking to achieve carbon neutrality. Environmental impact has been a hot topic in the crypto sector with renaming it as being a top priority. Earlier this year, electric car maker Tesla started…
Todd McFarlane, Steve Aoki Launch Creator-Focused Solana NFT Marketplace
In brief Comic book creator Todd McFarrlane and musician and artist Steve Aoki have partnered to launch the Solana-based NFT marketplace, OddKey. OddKey will focus on creator-owned properties, including McFarlanes Spawn and original offerings from other unrevealed artists. Back in 1992, comic book creator Todd McFarlane and contemporaries like Jim Lee and Rob Liefeld left powerhouse publishers Marvel and DC…
Crypto sustainability and green solutions highlighted at COP26
Cointelegraphs Editor-in-Chief, Kristina Cornr spoke at the United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland, on Tuesday about the positive impact of the cryptocurrency ecosystem on environmental objectives. Arriving in Scotland’s second-largest city following panel hosting duties at Lisbon’s Web Summit last week,Cornr spoke on a wide range of topics ranging from establishing interoperable relationships between people…
Chainlinks Sergey Nazarov Predicts ‘DeFi Returns Through Your Bank’ in 2022
Chainlink co-founder Sergey Nazarov believes that 2022 will see increased institutional adoption of decentralized finance (DeFi). Speaking with Solana co-founder Anatoly Yakovenko during a virtual fireside chat at the Solana Breakpoint conference in Lisbon, Portugal, Nazarov said that he expects, “a number of enterprises and banks and various existing players to now want to lose their relationship with customers and…
Reddit Co-Founder and Solana Ventures Team Up On $100M Web 3 Social Media Initiative
Reddit co-founder Alexis Ohanian and Solana co-founder Raj Gokal collectively announced a $50 million fund with Solana Ventures to invest in Web 3.0 social media technology today. The announcement was made at this year’s Solana Breakpoint conference in Lisbon, Portugal, and follows Gokal’s recent Twitter ban, as well as Facebook’s corporate rebrand to Meta in recent weeks. Just minutes after…
Reddit Co-Founder and Solana Ventures Team On $100M Web 3 Social Media Initiative
Reddit co-founder Alexis Ohanian and Solana co-founder Raj Gokal collectively announced a $50 million fund with Solana Ventures to invest in Web 3.0 social media technology today. The announcement was made at this year’s Solana Breakpoint conference in Lisbon, Portugal, and follows Gokal’s recent Twitter ban, as well as Facebook’s corporate rebrand to Meta in recent weeks. Just minutes after…
Reddit Co-Founder and Solana Ventures Team On $50M Web 3 Initiative
Reddit co-founder Alexis Ohanian and Solana co-founder Raj Gokal collectively announced a $50 million fund with Solana Ventures to invest in Web 3.0 social media technology today at the The announcement was made at this year’s Solana Breakpoint conference in Lisbon, Portugal. This is a developing story, check back for updates. Source link
These publicly traded firms are pulling institutions into crypto
Cryptocurrencies have quickly emerged as one of the hottest investment vehicles of the past decade, gaining traction first from retail traders, as seen in 2017, and now from institutional investors. From being a domain of bedroom coders to a growing financial sector with over $2 trillion in market capitalization, the crypto space has seen a sudden surge in value and…
DeFi Trading Volume on Large DEXs Has Jumped 550% in 2021 So Far: Chainalysis
In brief The value on large decentralized exchanges like Uniswap and SushiSwap grew 5X compared to the last year. But the overall number of active cryptocurrency exchanges has been on a steady decline, according to a new Chainalysis report, as smaller projects shut down. Decentralized exchanges are booming, and their growth is currently outpacing that of their centralized counterparts, according…