Bitcoin clears $26,000 as U.S. Consumer Price Index rises by 0.4% in February 2023. Source: https://cointelegraph.com/public/index.php/news/bitcoin-price-breaks-26k-as-us-inflation-comes-in-at-6
Month: March 2023
Banks collapsing; stablecoins depegging — What is happening? Watch The Market Report live
This week on The Market Report, the resident experts at Cointelegraph discuss all the details regarding the latest bank collapse and the USD Coin (USDC) depeg. We kick things off with this week’s top stories Silicon Valley Bank collapse: Everything that’s happened until now The sudden collapse of Silicon Valley Bank (SVB) has quickly unfolded over the last week, depegging…
Community Gaming CEO: Ethereum Smart Contracts Can Solve ‘Pain Points’ of Gamers Getting Paid
Community Gaming CEO: Ethereum Smart Contracts Can Solve ‘Pain Points’ of Gamers Getting Paid Chris Gonsalves, CEO of esports tournament platform Community Gaming, talks to Decrypt’s Jason Nelson at ETH Denver about Web3 gaming, his past stint at ConsenSys, and using smart contracts to get gamers paid instantly. Source: https://decrypt.co/videos/live-events/QYxS1Mxb/community-gaming-ceo-ethereum-smart-contracts-can-solve-pain-points-of-gamers-getting-paid
Bitcoin derivatives suggest $26K resistance level won’t hold for long
The price of Bitcoin (BTC) increased by 28% between March 12-14, reaching $26,500, its highest level since June 2022. Some may attribute the gains to the consumer price index’s (CPI) 6% year-over-year increase in February, even though the figure was in line with expectations. The inflation metric reached its lowest level since September 2021, which is a positive development, but…
Stop Calling Them NFTs: Web3 Gaming CEO Speaks Out Amid Gamer Backlash
Web3 gaming is on the rise, but it has yet to find a wider audience beyond crypto. Developers attempting to introduce digital assets (like NFTs) have meanwhile faced fierce backlash from gamers who see them as nothing more than another cynical cash grab in an industry that often nickel-and-dime players. “There’s some bad branding around NFTs in general,” Chris Gonsalves,…
LTC Back Above $80, DOGE Extends Gains Following Inflation Report – Market Updates Bitcoin News
Litecoin rose by as much as 15% in Tuesday’s session, as markets reacted to the latest inflation report from the United States. Figures from the monthly Consumer Price Index showed that inflation has fallen to 6% in February, down from 6.4%. Dogecoin was also higher on the news, extending recent gains. Litecoin (LTC) Litecoin (LTC) was once again in the…
Silvergate, SBV collapse ‘definitely good’ for Bitcoin, Trezor exec says
The ongoing crisis of banks in the United States has many positive implications for Bitcoin (BTC), according to an executive at the hardware wallet firm Trezor. On March 14, Bitcoin broke $26,000, a price level not seen since June 2022, posting the biggest gains this year so far. The multi-month high followed a series of shocking events in the U.S.…
10 important social media ‘don’ts’ for crypto and blockchain companies
Businesses across industries invest a lot of time and resources into building and cultivating their social media presences because of the big potential ROI. Social media marketing is a tool crypto and blockchain companies are quick to leverage — social media platforms offer a variety of audiences, prebuilt communities and global reach. Still, it’s all too easy to make missteps…
Former Age of Empires producer talks blockchain game adoption and GameFi
The crypto ecosystem has spent over a decade proving it can disrupt the status quo as crypto and blockchain technologies like cryptocurrencies, nonfungible tokens (NFTs), and blockchain-based games go head-to-head against their mainstream counterparts. While Bitcoin (BTC) has managed to shoulder its way closer to mainstream adoption, the same cannot be said for other crypto subsectors. In the gaming world,…
SVB and Silvergate are out, but major banks are still backing crypto firms
Over the last week, the collapse of three of the largest banks backing the crypto scene — Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank — has many industry pundits wondering how United States-based crypto companies will fare after such losses. While it has been said that there is “nobody left to bank crypto companies,” some in the crypto…