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A variety of well-known brand names have joined the cryptocurrency space and the budding non-fungible token (NFT) ecosystem. Now the Anheuser-Busch brand Budweiser has jumped into the NFT game by purchasing an NFT on Opensea for 8 ether ($25.7K). Moreover, Budweiser also owns the domain name “beer.eth” after the firm purchased the name for 30 … Read more
Even with Wednesday’s pullback, Bitcoin and most major altcoins are finding buyers on minor dips to underlying support levels, signaling that the trend remains bullish. Go to Source Powered by WPeMatico
To date, 92,595 ETH have been burned following Ethereum’s London hard fork upgrade. Go to Source Powered by WPeMatico
The bearish outlook appears also as Cardano’s daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin keeps the upside hopes intact. Go to Source Powered by WPeMatico
One of the world’s most valuable companies in terms of market capitalization, Visa, has revealed it has purchased a non-fungible token (NFT) from the Cryptopunks collection. Visa’s official news-based Twitter account told its 114,000 followers it paid 49.5 ether ($165K) for the Cryptopunk #7610. Visa Is a Believer in Non-Fungible Token Commerce On August 23, … Read more
Select altcoins are likely to move higher even as Bitcoin price takes a breather after hitting $50,000 for the first time in months. Go to Source Powered by WPeMatico
The ADA/USD exchange rate has moved further into its “overbought” area, suggesting that a trend correction might follow suit. Go to Source Powered by WPeMatico
Bitcoin has resumed its move toward $50,000 and this is likely to send altcoin prices higher. Go to Source Powered by WPeMatico
CEO of PointPay Andrew Svyatov talks about if it’s worth investing in ETH in 2021, what are the growth prospects for this cryptocurrency The year 2021 was generally positive for the altcoin market. And Ether strengthened its position as the second coin on the market. Since the beginning of 2021, the coin has given its … Read more
Bitcoin and Ethereum’s upside exhaustion, Cardano’s smart contract FOMO, and an overall boom in the altcoin market catalyzed ADA’s gains. Go to Source Powered by WPeMatico