NFT sales boom, but ownership is highly concentrated
There were two surges in the market this year that also coincided with solid spikes in internet searches for the...
Month: November 2021
‘Fear’ returns to Bitcoin while long-term holders own just 3% of BTC unrealized losses
Bitcoin price declines finally shake out "greed" among investors, according to the Crypto Fear & Greed Index. Bitcoin (BTC) diving...
Binance.US aims for a ‘mega funding,’ reveals CZ
The United States arm of Binance is considering a public offering to raise a "couple hundred million," Changpeng Zhao said....
Shiba Inu in danger of ‘topping signal’ as SHIB price loses 50% in 3 weeks
The meme cryptocurrency is hinting at undergoing a price rebound as it paints a classic bullish continuation setup. Meme-cryptocurrency Shiba...
Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”
Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the...
Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens
There’s a new website the crypto community has been discussing called The NFT Bay, a web portal that operates in...
Binance opens layer-two ETH deposits with Arbitrum One integration
Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost....
Digital currencies won’t impact US sanctions, Treasury exec says
Russia’s digital ruble won’t help the country avoid U.S. sanctions because the global economy is “interconnected,” an official said. Central...
Binance opens layer-2 ETH deposits with Arbitrum One integration
Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost....
Bitcoin clings to $56K as whales keep buying — Watch these BTC price levels
Testing times continue for Bitcoin bulls with the trillion-dollar market cap next up for support. Bitcoin (BTC) is demanding a...
Chamath Palihapitiya sells 15% of his stake in SOFI
Bitcoin billionaire Palihapitiya will use earnings from the sale to fund other “future-shaping technologies” for his venture firm. Billionaire Chamath...
Reserve Bank warns Aussies over punting on ‘fad driven’ cryptocurrencies
The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if...
Half of Uniswap v3 liquidity providers are losing money: New research
A recent study of Uniswap v3 pools revealed that on average, almost half of the liquidity providers are losing money...
Fidelity approved to launch Bitcoin institutional products
Canada has been stepping ahead when it comes to approving crypto-related products. The country was among the first to approve...
US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments
The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the...
