The question of whether the bitcoin price bottom is behind us is on the minds of many investors who are poised with the challenge: buy the dip or wait for a bigger one? Financial predictions are seldom accurate, and that reality echoes in the bitcoin market as well. But since BTC trading typically follows four-year cycles of bull and bear…
While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed to rise more than 10% higher than the week prior. One particular NFT sale, Cryptopunk #4,464, helped push this week’s sales volume up as the NFT sold for 2,500 ether…
The SEC has delayed a decision on whether to allow a spot market Bitcoin ETF by Cathie Wood’s Arc Invest and crypto investment firm 21Shares to start trading. In a Tuesday notice, the SEC said the ARK 21Shares ETF would get an answer on August 30. “The Commission finds that it is appropriate to designate a longer period within which…
There is an old saying, “cash is king,” but if it is sitting in a bank account or, in the case of crypto — a wallet, it diminishes daily due to inflation. This is especially the case now as inflation in the United States breaks its 40-year record. While the dollar-cost-averaging (DCA) strategy allows an investor to minimize the effects…
In brief CryptoPunk #4464 sold for 2,500 ETH on Tuesday, or just over $2.6 million. It’s the single-largest NFT sale in the last 30 days, according to CryptoSlam. The crypto market has been down for months and NFT prices and trading volume have cratered as a result. But even amid the so-called crypto winter (in summer), a desirable NFT can…
QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also declined, with prices heading toward a one-year low. Quant (QNT) QNT remained close to a two-month high on Wednesday, despite prices falling by…
A Bitcoiner in Brazil has beamed the blockchain from space. Alessandro Cecere, product manager at Ledn and a Venezuelan national, has established the purported first Bitcoin (BTC) satellite full node in Brazil. The full satellite node that Cecere has established downloads the Bitcoin blockchain directly from the Blockstream Satellite Network, negating the need for a reliable internet connection. It’s a…
Inflation continued accelerating in June after showing an increase in May, a potentially negative sign for crypto markets that have faltered as the Federal Reserve raises interest rates in response to soaring prices. The Consumer Price Index (CPI), which tracks price movements across a broad range of goods and services, rose 9.1% in the 12 months through June, which is…
Miami is fast becoming one of the major hubs in the crypto world with more and more blockchain companies moving to the city each year. Miami famously plays host to the Bitcoin Conference each year, and digital assets have been embraced by the mayor and the wider population. Here’s your ultimate guide to the crypto city of Miami. …
There is an educational website for beginning crypto users called ZeFi. The site has helpful introductory lessons, some interesting articles and a look of sincerity, much like other sites. However, none of it is that different — at least not in English. Its special feature is the language button in the upper right corner that reveals the Arabic version of…
