Apecoin was trading close to a two-month high on Monday, despite crypto prices mainly being in the red to start the week. Global crypto markets are currently down around 2% as of writing. Despite this, filecoin continued its own surge, with prices of the token up nearly 70% in the last seven days. Filecoin (FIL) Filecoin (FIL) was once again…
Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction. Ethereum quarterly futures in backwardation On the daily chart, Ethereum futures quarterly contracts, scheduled to expire in December 2022, have slipped…
Bitcoin and most major altcoins have been rejected by resistance, hinting at a few more days of consolidation. Source: https://cointelegraph.com/news/price-analysis-8-1-btc-eth-bnb-xrp-ada-sol-doge-dot-matic-avax
On Monday, the trading volume of CryptoPunks, one of the sector’s most popular nonfungible token (NFT) collections, surged by 1,847% over 24 hours. Over 1,226.68 Ether (ETH) worth of Punk NFTs was traded during that time. The surge in interest appears to be tied to luxury jewelry retailer Tiffany & Co. launching its own NFT collection with a special perk…
Since time immemorial, technological innovations have shaped the structure of commerce and trade. The discovery of electricity encouraged mass production and the advent of steam engines ushered in an era of mechanized production. From information to communication, technology has been used everywhere to make life easier. For this reason, blockchain technology has been tapped by many as the next big…
Public bitcoin mining companies have been an unusually prominent fixture of the crypto market for the past couple of years as investors, media and regulators observe their financial growth and operational expansions. While share prices for nearly all of these companies significantly outperformed bitcoin during the latest bullish market trend, the opposite effect is clearly in play now as public…
The upcoming Muse NFT album will be the latest chart-eligible album format since 2015. Prior to this album concept, the last format to be accepted by international charts was album streams. Nonfungible token (NFT) albums are now eligible for both United Kingdom and Australian charts. ‘Will of the People’ is the British rock band’s 9th studio album and will be…
This is an opinion editorial by Tomer Strolight, editor-in-chief of Swan Bitcoin and author of “Why Bitcoin.” Part 1: Introduction Words. How do you describe with words the things that we don’t have words for? Words describe things we’re familiar with. But we’ve never seen anything like Bitcoin before. That’s why it’s so hard to describe it. So we use…
Many blockchain companies now believe that regulation is inevitable, but there’s a growing debate over where to draw the line between protecting users and strangling the lifeblood out of the industry — or forcing it outside the United States. “Whether we like it or not, regulation is coming,” Sheila Warren of the Crypto Council for Innovation tells me during an…
UK’s Financial Conduct Authority (FCA) today introduced tougher rules for advertising high-risk financial products such as non‑mainstream pooled investments, speculative illiquid securities, and peer‑to‑peer (P2P) platforms, among others. The FCA also stressed that the new guidelines don’t yet apply to crypto promotions, which will have a separate set of rules once the government and parliament confirm “how crypto marketing will…
