Famed American rapper and songwriter, Nas, is selling partial rights to two of his songs via Royal, an investment platform that allows anyone to own a piece of their favorite music to earn royalties alongside the artist. “Having Nas be the first artist to sell royalty rights through Royal is an incredible affirmation of our mission,” said Royal CEO and…
Core Scientific mined over 1,000 bitcoin in just one month.The miner said it ended 2021 holding 5,296 BTC, worth about $230 million.Its self-mining operations boast 67,000 ASIC machines. Provider of bitcoin mining infrastructure and hosting solutions, Core Scientific, mined 1,044 bitcoin in December and 5,769 BTC in 2021, according to a statement the company issued on Wednesday. Core Scientific’s production…
Bitcoin billionaires continue to accumulate during the dip. As Bitcoin (BTC) filled the $42K December price wick this morning, Bitcoin whales were busy stacking sats. One address belonging to Binance added 43,000 BTC on the 4th of January at an average price of $46,553.68, bringing the wallet’s total value to $5.5 billion. Elsewhere, the third-largest Bitcoin address continued its spending spree, adding…
On January 5, digital currency markets shed a great deal of value as bitcoin dropped below the $44K handle during the late afternoon (EST) trading sessions on Wednesday. Nearly every coin has shed 24-hour value, but a slew of crypto assets have seen double-digit gains and have managed to stave off the crypto economy downturn. This Week’s Double-Digit Crypto Gainers…
Crime involving cryptocurrencies surged to a new all-time high of $14 billion in 2021, reported blockchain analytics firm Chainalysis in its annual Crypto Crime report released on Thursday. This is an increase of 79% from the $7.8 billion figure from 2020. This activity represented 0.15% of the total of $15.8 trillion in crypto transaction volumes recorded over the course of…
Electronics giant Samsung is venturing into the metaverse with the opening of a virtual store in Decentraland. Named after Samsung’s flagship 837 store in New York, the Samsung 837X virtual store will open for business for a limited time from today, per a press release from the company. Decentraland users will be invited to explore an “experiential playground” and earn…
Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business services in Latin America. The so-called hybrid debt round was financed by Partners for Growth, a California-based investment firm, and Stellar Development Foundation (SDF), which is a non-profit organization supporting…
The year 2021 was unprecedented for crypto, with Bitcoin (BTC) and Ether (ETH) gaining 60.58% and 408.5% throughout the year, respectively. For the latter, the explosion of decentralized finance (DeFi), nonfungible tokens (NFTs), decentralized applications (DApps) and decentralized exchanges (DEXs) built on its blockchain created a whole new digital currency cyberspace encompassing all corners of the world. But, the year…
Bitcoin dominance has dropped to the lowest level in just over three and a half years since June 3, 2018, at 37%. Last year, at the end of March, bitcoin dominance hovered just above the 60% zone but since then, numerous digital asset market caps have swelled in value and gathered prominence in the market rankings along the way. Bitcoin…
Bitcoin (BTC) briefly touched $43,000 prior to Wall Street opening on Jan. 6 as new market analysis offered bad news for bears. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Very similar to $30,000” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged after hitting its lowest levels in nearly six weeks. Amid six-month lows for sentiment and a…
