It’s not quite a Christmas miracle, but today’s modest uptick in market prices—part of a week-long trend—should bring some holiday cheer to crypto holders. The total crypto market capitalization has risen over 10% in the last week to inch past $2.5 trillion for the first time since December 8, according to data from CoinGecko. Bitcoin has risen nearly 8% in…
“What are we missing?” is the question that Patrick O’Sullivan, our Perth Heat chief bitcoin officer (CBO), and I asked ourselves the most during 2021. As the chief executive of the Perth Heat, Patrick and I orange pilled the organization and worked toward operating on a Bitcoin standard, but we kept falling on the same step. “What are we missing,…
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. When trying to examine the nonfungible token (NFT) economy as it has been shaping in recent months, two main trends can be discerned. On…
This year has been monumental for the cryptocurrency sector in terms of mainstream adoption. A recent report published by Grayscale Investments found that more than one-quarter of United States investors (26%) surveyed own Bitcoin (BTC), up from 23% in 2020. With the holidays around the corner, financial services provider MagnifyMoney also found that nearly two-thirds of surveyed Americans hope to receive…
The number of recorded non-fungible token (NFT) sales during the last 30 days consisted of roughly 362,374 sales. During the past 30 days, the leading NFT marketplace Opensea processed $2.39 billion, up 22.88% since last month. Decentraland volume jumped 192% since last month reaching more than $28 million in sales. NFT and Metaverse Steam Continues With Big Volume and Expensive…
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. As the crypto community filled its crypto stockings for the holiday season, the Grinch emerged to gift a grimacing fate to two DeFi platforms, stealing their festive spirit and a whole lot of dollars. Reading this article, you’re only receiving a portion of the content from our DeFi newsletter. Drop…
Catch up on nonfungible token (NFT)-related news this week as Cointelegraph rounds up the stories you don’t want to miss. Bored Apes gets cast in an TV series The Red Ape Family (TRAF) is a new animated comedy series centered on Bored Ape Yacht Club (BAYC) NFTs. Episodes are sold as individual NFTs and run between 5 to 10 minutes…
Bitcoin (BTC) bounced back above the psychological level at $50,000 and the S&P 500 hit a new all-time closing high on Dec. 23, suggesting that the panic selling caused due to the omicron variant is subsiding and the much-awaited “Santa rally” may have started. Data from on-chain analytics firm Glassnode shows that about 100,000 Bitcoin is going from “liquid” to…
intermediate Supply chains are essential for any business that sells any sort of product. Even if you are simply selling soap produced by your next-door neighbor, you will still have to engage in some basic supply chain management. The bigger your business and the longer the distances goods have to travel, the more complicated the supply chain. Although it has…
The Indian government has not introduced the cryptocurrency bill that was listed to be taken up in the winter session of parliament. Former Finance Secretary Subhash Chandra Garg says he has no confidence in the ability of the Indian government to figure out crypto. Garg headed the inter-ministerial committee that drafted the original crypto bill that proposes banning cryptocurrencies like…
