After nine successive weeks of red weekly candles, Bitcoin (BTC) printed a green weekly candle on June 5. Leading into this week, buyers kept up their momentum with a strong weekly open that boosted BTC price to $31,800. Going forward, traders might keep a close eye on the Consumer Price Index (CPI) data for May which is due on June 10.…
Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin (BTC) funds, signaling a more cautious approach to crypto allocation on the part of institutional investors. Bitcoin investment products saw cumulative inflows totaling $126 million in the week ending Saturd, according to the latest fund flows report from CoinShares. Year-to-date, Bitcoin investment funds…
This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. Love has been debased. Love used to refer to the virtue present in lasting, intimate relationships. Love required sacrifice, discipline and patience. Classical writers referred to love as a virtue precisely because it’s difficult. To paraphrase Apostle Paul,…
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen its market capitalization grow 407%…
Twin Flames Creator Justin Aversano Opens Physical NFT Space in LA Quantum’s Justin Aversano sits down with Decrypt’s Jason Nelson at the new Quantum Spaces in Santa Monica, CA. Justin discusses the gallery, his new project Doppelganger, and what’s next for real-world NFT exhibitions. Source: https://decrypt.co/videos/interviews/D1VjQZ0K/twin-flames-creator-justin-aversano-opens-physical-nft-space-in-la
This article originally appeared in Bitcoin Magazine’s “Moon Issue.” To get a copy, visit our store. BLOCK HEIGHT: 4,830,001 (c. Year 2100 in old terminology) Greetings from the deep future! It is block height 4,830,001, and we have just had an interplanetary 23rd halving party. It is the year 2100, or as we now know it, the year 91 AB…
On June 4, the popular nonfungible token, or NFT, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether (ETH) ($250,000) worth of NFTs was stolen after hackers gained access to the Discord account of a BAYC community manager and posted a message with a link to a fake website. The link advertised a limited-time…
Avalanche (AVAX) shows signs of continuing its ongoing rebound move as it paints a classic bullish reversal pattern. AVAX price to $35? Dubbed as “double bottom,” the pattern appears when the price establishes a support level, rebounds, corrects after finding a resistance level, pulls back toward the previous support and bounces back toward the resistance level to pursue a breakout.…
A new art installation co-founded by prominent NFT photographer Justin Aversano has opened its doors on the iconic Third Street Promenade in Santa Monica, California. Quantum Space LA is the latest in a growing trend of physical NFT galleries, in which artists can showcase their digital work in a real-world setting. Aversano, known for the in-demand Twin Flames NFT photography…
Ethiopia’s central bank issued a statement reminding its citizenry that business practices made with bitcoin are illegal.The National Bank of Ethiopia warned that “informal financial transactions” using BTC are used for “money laundering schemes.” The Commercial Bank of Ethiopia stated BTC was being used for commercial practices but it is unclear whether businesses are buying or selling with BTC. The…
