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A new report is predicting that the total value of the NFT market will reach $200 billion in 2030. The report, issued by Grand View Research, a multinational market insights company, found that the rising demand for this kind of instrument — due to its growing number of applications — will fuel growth of the … Read more
Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another Crypto-Infused Contest In April 2021, Bitcoin.com News reported on … Read more
According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment to unsuspecting investors.” Law Firm Seeks Investors Who “Suffered Losses” From Yuga Labs Products The … Read more
After trading sideways at the $22k level through the weekend, Bitcoin’s price finally broke through its support level, dropping by over 3%, and currently trading at the $21k range. Ethereum also failed to hold support at the $1,600 level, falling to the $1,500 range on Monday. While support levels could not hold, the global cryptocurrency … Read more
After peaking at $24k last week, Bitcoin’s price continues to trade sideways at the $22k level. While the market momentum is slowing down, BTC and ETH prices remain steady. The global cryptocurrency market cap is still above the $1 trillion level, signaling a potential upcoming bullish rally next week. Key Points: Bitcoin price manages to … Read more
The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview, and noted that he was willing to deploy “hundreds of millions beyond what … Read more
The pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen. First off, the network’s native token ether saw a significant spike in value and secondly, Ethereum’s hashrate has dropped 18.21% since June 30. Data also … Read more
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra UST and LUNA fallout wreaked havoc on the entire crypto ecosystem and the stablecoin economy. Moreover, … Read more
Russian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure was successfully challenged by lawyers. Roskomnadzor Removes Tor Project’s Site From Blacklist of Banned Internet Pages Russia’s Federal Service for Supervision of Communications, … Read more
After a spectacular performance this week, cryptocurrency markets remain weak this Saturday as Bitcoin falls to the $22k level. The good news is that Ethereum still managed to hold above the $1,500 level. Even with a 7% drop in the past 24 hours, its 7-day performance is excellent, rising by over 25% in the past … Read more