The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new income opportunities for people around the world while also ushering in a new cohort of users to the cryptocurrency sector. One project involved in gaming and the building of the Metaverse is The Sandbox (SAND),…
Category: News
Australia’s Commonwealth Bank Lets Customers Trade Crypto Directly Through Its App – Finance Bitcoin News
The Commonwealth Bank of Australia (CBA), the country’s biggest bank, is providing customers with the ability to buy, sell, and hold crypto assets directly through its app. The bank has partnered with crypto exchange Gemini and blockchain analytics firm Chainalysis to provide crypto services. Commonwealth Bank Begins Offering Crypto Services Commonwealth Bank (CBA), also known as Commbank, announced Wednesday that…
Bitcoin Miners Are Selling Less BTC
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. One of the most stable trends over the last few years has been the constant sell pressure on the market from bitcoin miners…
Fridays $540M Ethereum options expiry favors traders with targets at $5K
Ether (ETH) bulls are probably very pleased with the 368% gains accrued so far in 2021 and it seems like not a day passes where the altcoin doesnt hit a new all-time high. Even with Ether on the path to $5,000, there are still plenty of concerns about the network’s capability to absorb the strong demand coming from the decentralized…
DeFi Tool Snapshot Now Using Colony to Rebalance Power in DAO Voting
This story comes out of PubDAO, a decentralized news wire. In a move that could make blockchain-based voting more transparent and democratic, decentralized voting platform Snapshotone of the primary tools Web 3 groups use to poll community sentimenthas partnered with blockchain protocol Colony to integrate its DAO reputation system. Governance tokens are the crypto assets used to decide the future…
Bitcoin Is The Future Of Our Energy Grid
Here goes a full-length, easy-to-read article based on my recent Twitter thread, part one on Bitcoin and the nuclear future of our energy grid. In part one, I breakdown the narratives around energy markets in general and Bitcoin’s energy usage, cover some industry facts and insights and offer some of my personal opinions along the way for a hopefully enjoyable…
We want BTC Spot ETFs
Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot ETF while allowing Bitcoin Futures ETFs to begin trading. In a spot ETF, the fund holds the actual commodity (in this case bitcoin) whereas in…
KuCoin launches virtual office in the Bloktopia metaverse
Crypto exchange KuCoin has announced it will be opening a virtual office inside the skyscraper from the decentralized metaverse Bloktopia. In a Nov. 2 announcement, KuCoin said it would be joining the metaverse by launching an office inside Bloktopias platform, designed as a skyscraper. The virtual building has 21 different levels in recognition of the total supply of 21 million…
AscendEXs $50M raise highlights ambitions beyond exchange business
Global cryptocurrency and financial platform AscendEX recently concluded a $50 million Series B fundraiser that was backed by some of blockchains biggest venture funds, putting the company on track to bridge the gap between centralized finance and the budding world of DeFi. In an exclusive interview with Cointelegraph, AscendEXs head of business development Shane Molidor and Wes Kaplan, the platforms…
Bringing advanced trading tools to Coinbase
As our customer needs evolve and more sophisticated trading tools are required, we’re exploring creative solutions to continually improve the Coinbase experience for everyone on one unified platform. Starting today, a small number of Coinbase customers will begin gaining access to advanced trading functionality on coinbase.com, enabling a world-class trading experience plus access to other popular Coinbase features like staking…