A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have a strong presence in the crypto market. Today the market capitalization of all…
Singaporean Fintonia Group has launched two bitcoin funds for professional investors.The Fintonia Bitcoin Physical Fund purchases actual bitcoin to provide investors with direct price exposure.The Fintonia Secured Yield Fund allows bitcoin holders to obtain cash by putting their BTC as collateral. Singapore-based fund manager Fintonia Group, regulated by the Monetary Authority of Singapore (MAS), has launched a “physical” bitcoin fund…
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Conservative pundits and commentators are pumping cryptocurrencies that carry slogans and references to right-wing culture in the United States. Candace Owens, the American conservative author and commentator, took to Twitter yesterday to declare she is “finally into crypto.” In her tweet, she shared the “Let’s Go Brandon” coin. The chant “Let’s Go Brandon” has become a right-wing fill-in for a…
Nonfungible tokens, or NFTs, are certificates of ownership representing digital artwork, music, videos, audio, memorabilia, and more. They have rapidly gained in popularity over the past year for their ability to enable everyday artists to create and sell content. In fact, OpenSea, the world’s biggest NFT marketplace, recently surpassed $1.6 billion in monthly trading volume alone. Like physical artwork, NFTs…
Ethan Lou is a journalist turned Bitcoin miner turned two-time author whose latest book, Once a Bitcoin Miner: Scandal and Turmoil in the Cryptocurrency Wild West, is a modern western recount a gloomy millennial’s rebirth in the wild west of crypto — complete with scammers, party drugs and a North Korean crypto conference. “Want to go to a crypto conference…
Bitcoin (BTC) stemmed losses as Wall St. opened on Nov. 26 after concern over a new Coronavirus variant spark a global market sell-off. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Pfizer gains as Coronavirus panic sets in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ending its downturn at just above $53,500 on Bitstamp. The pair then added almost $1,500…
At least one out of four cryptocurrency investors in Japan had an experience of holding nonfungible tokens (NFTs), according to a new survey. Major Japanese crypto exchange BitBank conducted an online survey diving into the NFT investment trends in the Japanese cryptocurrency market. Releasing the survey results on Nov. 25, BitBank said that it polled 2,061 cryptocurrency users within a…
Bitcoin and Ethereum prices are falling as reports of a new COVID variant impact the global financial market. The two cryptocurrencies—which are by far the most popular and well-known cryptocurrencies in the world—are down by 6.5% and 8.1% during the last 24 hours, respectively. Bitcoin, which opened the day at a price of $58,700, is now trading at $54,595. Ethereum,…
During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between 6% to 20%. Global Markets Lurch in Fear Over B.1.1.529…
