sponsored Transient is thrilled to present to users Splash, a decentralised hub for prediction pools covering all possible outcomes across a huge range of industries and opportunities—featuring in the first version: Crypto, Esports and Sports—all powered by Transient’s ecosystem of smart contracts. Splash comes to disrupt the prediction markets bringing the decentralisation and fun to the users side. Let’s be…
Ethereum’s native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its “ascending triangle” pattern. ETH price breakdown ahead? Ether’s price swung between profits and losses on May 2 while trading around $2,825, showing indecisiveness among traders about their next bias. Interestingly, the Ethereum token wobbled in the proximity…
Warren Buffett has again criticized Bitcoin, making the case that it has no intrinsic value. “Whether [Bitcoin] goes up or down in the next year, or five or ten years, I don’t know,” Buffett said. “But the one thing I’m pretty sure of is that it doesn’t produce anything.” The billionaire investor, who has previously called Bitcoin a “delusion” and…
Blockchain games are set to overtake decentralized finance (DeFi) as the number one contributor to decentralized application (DApp) activity in terms of uniquely active wallets. A new 18-page report by DappRadar surveys the nascent ecosystem behind this rise. Although still dwarfed by the traditional gaming industry, blockchain games, sometimes dubbed GameFi, have seen an early spurt of exponential growth, according…
Members of the Bitcoin community have co-authored a response to a recent call from House Democrats seeking additional environmental scrutiny for crypto mining. Like the representatives’ letter, the letter from the crypto community is addressed to Michael S. Regan, administrator of the Environmental Protection Agency. “Certain members of Congress sent a letter to the EPA premised on several misperceptions about…
On Sunday, American entrepreneur Marc Andreessen posted a screenshot of what appears to be a Twitter user impersonating his name to promote a “free crypto” giveaway. “What algorithm could possibly catch this type of content?” asked Andreessen. To which Tesla’s CEO Elon Musk replied, “Humans,” sparking a discussion on how to best curate the high number of cryptocurrency scams and…
The Empire State made two appearances on the regulatory stage last week, and neither was entirely reassuring. On April 25, bill S8839 was proposed in the New York State (NYS) Senate that would criminalize “rug pulls” and other crypto frauds, while two days later, the state’s Assembly passed a ban on non-green Bitcoin (BTC) mining. The first event was met…
Bitcoin (BTC) may continue its “bear market,” one trader says amid hope that a U.S. dollar reversal could soon improve BTC price action. In his latest YouTube update on May 2, Cointelegraph contributor Michaël van de Poppe argued that USD’s current surge would not last long. Dollar strength reversal “close” Bitcoin is still under pressure as stocks and crypto alike…
Bitfarms, a publicly traded bitcoin mining company, released bitcoin production results and a mining operations update for April 2022. The total revenue reached 405 BTC for the month, netting a total of $15.6 million. Of the 405 BTC mined, 403 BTC were deposited into custody, leaving Bitfarms with a reserve of 5,646 BTC, worth approximately $218 million. Bitfarms Ltd. (Nasdaq:…
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade volumes typically suggest overall interest has declined, and investors may…
