Bookmarking Crypto Insights
In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51% over the same period. NFT Market Chaos: Prices Drop, … Read more
Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of international concern. Following this announcement, Polymarket users have started placing bets on whether Mpox will be categorized as a pandemic in 2024. Polymarket Bettors Give … Read more
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges. Go to Source
Top altcoins like Cardano (ADA) have retraced their growth following a decent recovery from the August 5 crash. Meanwhile, Ripple Labs’ XRP has showcased a breakout pattern despite this price correction. On the other hand, RCO Finance (RCOF), a new Ethereum token, is targeting higher prices during its pre-sale. Why is Cardano (ADA) floundering as … Read more
International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating … Read more
The positive inflows into ETFs from major players like Fidelity and BlackRock highlight the growing confidence in these investment vehicles. Go to Source
The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified that it has no plans to review its diaspora remittances policy. According to the RBZ, the market had misconstrued a video on social media in … Read more
If the fund was aiming to increase its Bitcoin exposure there would be more “evidence of direct exposure initiatives,” according to an analyst. Go to Source
Johnsson’s claims spark questions about cryptocurrency regulation and market stability amid potential USMS sale of Silk Road Bitcoin Go to Source
A Brazilian federal judge has ordered criminal charges against Johann Steynberg, the late CEO of the bitcoin trading platform Mirror Trading International (MTI), to be dropped after a police investigation confirmed reports of his death. The order was handed down by Judge Silvio Gemaque, who said Steynberg’s death certificate was added to the case file. … Read more