Sorting the wheat from the chaff in the blazing-hot non-fungible token (NFT) market calls for expertise. NFTs existed before 2021, but this year they went mainstream. Even as astonishing price tags of individual NFT sales often got the headlines, overall trading volume surged, hitting $10.67 billion in the third quarter of the year—an astonishing 38,000% increase on the previous year.…
Binance, the world’s largest cryptocurrency exchange, announced Thursday that it will acquire the remaining outstanding shares of Swipe, a prominent crypto Visa card provider. Users of Binance will be able to spend their coins at over 70 million locations worldwide as a result of the acquisition. On July 6, 2020, Binance initially announced the purchase of a majority stake in…
Bitcoin (BTC) looks set to beat its forked versions Bitcoin Cash (BCH) and Bitcoin SV (BSV) in terms of price-performance in 2021, market data shows. Notably, BTC’s year-to-date (YTD) returns sat near 60% at press time as its price wobbled near $47,500. In comparison, BCH rallied a little over 26% to $435.50, while the BSV price plunged over 25% to…
2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A great number of coins have either been pushed down or have entered the crypto economy’s top positions in terms of overall market valuation. 2021’s Top Crypto Asset…
Simon is the crypto analyst at eToro, a social trading platform that offers investing in both stocks and cryptocurrencies. “The pandemic and associated lockdown measures have turbo-charged the transition to this technology as we close out 2021. However, as the ultimate frontier between the real and virtual worlds, the metaverse represents the most likely evolution of the internet in the…
beginner Changelly welcomes the RNDR token, which from now on can be easily and quickly exchanged for other digital assets at floating rates. The RNDR token is an ERC-20 utility token designed to power rendering work on the RNDR Network. RNDR utilizes a combination of manual and automatic proof-of-work systems, or in this case, proof-of-render, in order to verify that…
Business intelligence firm MicroStrategy has added $94 million worth of Bitcoin (BTC) to its holdings after purchasing the crypto asset at an average price of $49,229. According to a Thursday filing with the U.S. Securities and Exchange Commission, MicroStrategy purchased 1,914 BTC between Dec. 9 and Dec. 29 for $94.2 million, making its total holdings 124,391 BTC. With the recent buy, the…
NFTs have been around for years. But in 2021, non-fungible tokens shot to prominence, as multi-million dollar NFT artwork sales made headlines around the world and the art establishment wrestled with the sudden emergence of a new artistic movement. At the forefront of this NFT revolution are the artists: the pioneers who’ve led the charge towards NFTs, and the innovators…
Bitcoin (BTC) recovered from fresh lows on Dec. 30 as markets remained undecided on their end-of-year trajectory. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $46,000 may not mark floor Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing to $47,731 on Bitstamp, reversing almost all of the previous day’s losses. Prior to the Wall St. open, the pair was…
In brief Institutional investors are increasingly buying up Bitcoin. Several major firms, among them Tesla, Square and Coinbase, have collectively purchased hundreds of millions of dollars worth of the cryptocurrency. For many years, the idea that publicly traded corporations might buy Bitcoin for their reserves was considered laughable. The top cryptocurrency was considered too volatile, too fringe to be embraced…
