Bitcoin (BTC) tested $65,000 as support as U.S. markets opened Nov. 15 as a weekend surge ended in retracement. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts maintain positive BTC price outlook Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving back a chunk of its overnight gains having hit local highs above $66,000. In a move away from recent…
Electronic music producer Joel “deadmau5” Zimmerman is venturing further into the metaverse with another NFT collection, “head5.” Together with his long-time collaborator Nick “Smearballs” DenBoer, deadmau5 will put 5,555 NFTs, minted on the Polygon blockchain, up for sale on OpenSea on Monday. The 3D head-shaped NFTs will cost 0.15 ETH each, or about $680 at the time of publication. So…
ALEX, a decentralized finance (DeFi) services startup founded by former Wall Street veterans, has today announced it raised $5.8M in a round led by White Star Capital with participation from venture capital firms such as Cultur3, GBIC, and OK Blockchain Capital, among others. ALEX, which stands for “Automated Liquidity Exchange,” plans to use the fresh funding to grow its current…
Today Marathon Digital Holdings, one of the largest publicly-traded Bitcoin miners in North America, announced a proposed convertible senior notes offering. The firm plans to offer $500,000,000 aggregate principal of convertible senior notes due in 2026. Marathon intends to use the net proceeds from the offering to acquire more Bitcoin and Bitcoin mining equipment, taking a play out of Michael…
sponsored Singapore, November 15, 2021 – The Tron Foundation (TRX), the world’s largest blockchain decentralized application operating system, and crypto-fiat hybrid payment solutions provider, Alchemy Pay (ACH), have announced a collaboration. Alchemy Pay will integrate the TRX token into its global crypto-fiat gateway. The partnership also further entails the support of Alchemy Pay by the Tron Foundation in the provision…
The government in Cameroon, which is reportedly keen on regulating cryptocurrencies, is set to hold a workshop that will look at the challenges and risks of using such digital currencies in the country. Proliferation of Scams According to a report by Business in Cameroon, the workshop, which is set to be held on November 15 in Yaounde, is being organized…
Zanzibar, a semi-autonomous territory in the United Republic of Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC). The government of Zanzibar is planning to conduct meetings with stakeholders like banks and ministries to discuss policies related to the cryptocurrency industry. Zanzibar Minister of State Mudrick Soraga announced the plans to Tanzanian news agency The Citizen…
From the art world to gaming to sports, the hype around non-fungible tokens (NFTs) has exploded in 2021. But as the technology matures, NFT developers are exploring their potential to build communities through trustworthiness, longer-term benefits, and opportunities for education and collaboration. First came the boom, as multimillion-dollar artwork sales grabbed headlines around the world, and holders of early NFTs…
Sian Berry, a Green Party London Assembly member, has called for a ban on cryptocurrency ads following a three-week-long Floki Inu campaign on the London Underground. For Berry, the ban should be put in place because cryptocurrencies are unregulated in the UK. “Where the advert says ‘this is completely unregulated, you may lose all your money,’ they ought to have…
A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a Double Top chart pattern. The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside move meeting with a strong correction towards a common support level, called the “neckline.” Typically, the price…
