Tag: cryptocurrency

Dec 07 2021

All I Want for Christmas -- Is a Digital Asset

Holiday sales in the United States for 2021 are expected to generate $834.4 billion. Additionally, the average American anticipates buying $942 in Christmas gifts and a third of Americans anticipat...

Shiba Inu Regains $20 Billion Market Cap Level, MATIC Spikes 25%

The crypto market came back firmly on Tuesday and added nearly $150 billion to its overall value in the last 24 hours. Bitcoin crossed the price level of $51,000 today but the real recovery was see...

Just 28% of NFTs Purchased During Minting Result in Profit

Dec 07 2021 Published at FullyCrypto under tags  cryptocurrency nft nft news

Reading Time: 2 minutes Data by the leading NFT marketplace OpenSea reveals that only 1 in 4 NFTs purchased during minting lead to a profit. On the other hand, 65% of NFTs traded in the secondary markets provide their owners with a profit. "NFTs are far from a...

Bitcoin Approaching Key Resistance Points After Recovery

Reading Time: < 1 minute Bitcoin is approaching a key resistance zone of $53,000 It’s reaction to this zone will be telling with regard to its short term future If it doesn’t cross $53,000 it needs to hold above $45,000 Bitcoin is approaching two key...

Indian Crypto Bill Proposes Jail Term for Rule Violations

The proposed Indian cryptocurrency legislation, which is expected to be tabled in the ongoing session of the country’s parliament, would impose a complete ban on cryptocurrencies as a payment mode ...

The NFT project SIDUS Heroes disrupting the landscape of Digital Gaming

Not many people know that MMO games generated huge digital economies long before eSports and streaming made video gaming a profession. These systems laid the groundwork for future video game economies that...

Crypto Investment Products Saw Significant Outflows on Friday

The crypto market witnessed a strong recovery on Tuesday but not before the digital asset investment products experienced large outflows on the last business day of the recent week.

Kleiman vs Wright – Five Things We Learnt

Reading Time: 3 minutes Craig Wright’s case against the estate of Dave Kleiman drew to a close yesterday Wright was found to have stolen bitcoin and intellectual property from a company the pair operated together in 2013 What did we learn from the case, the trial, and...

Craig Wright Ordered to Pay $100 Million For Stealing BTC and IP

Reading Time: 2 minutes Craig Wright will have to pay $100 million to a former company after a jury ruled he stole bitcoin and intellectual property from his dead best friend Wright survived accusations related to fraud and unjust enrichment Wright’s supporters claimed...

Dec 06 2021

Vanguard and Partners to Accelerate DLT Usage in FX Forwards Trading DLT

State Street Corporation American financial services and bank holding company, Vanguard asset manage firm, and Symbiont blockchain technology providerannounced on December 6 that they have conducte...

Hackers Cart Away $200 Million From BitMart In Multi-Chain Exploit

Hackers making away with hundreds of millions of dollars from exploits is no longer new to the market and in a way, has come to be expected by the market. This is why users have taken various steps to protect themselves as best they can in the event of these exploits. One of the recent victims of these hacks has been BitMart. The...

Binance Plans to Seek FCA Approval in the UK

Binance is planning to cement its position in the United Kingdom as the crypto exchange is planning to file for Financial Conduct Authority (FCA) approval in the country, CEO Changpeng told Sunday ...

Hacked Crypto Exchange BitMart to Compensate All Victims

BitMart, the crypto exchange that was hacked recently, is going to compensate all the victims with its own funds, the platform’s founder and CEO Sheldon Xia announced on Monday.

Altcoins See Major Correction, SOL Dips 12%

This week has started with a huge challenge for cryptocurrency assets. While Bitcoin is struggling to maintain its $900 billion market cap level, some of the altcoins have plunged by more than 15% ...

Buying Cryptocurrency for Christmas? Get Your Tax Straight!

Dec 06 2021 Published at FullyCrypto under tags  cryptocurrency crypto guides

Reading Time: 3 minutes Cryptocurrency gifts are gaining in popularity, but you need to be aware of the tax implications Both the giver and the recipient must take steps to ensure a smooth process Don’t let the tax man ruin a lovely surprise! Gifting...

Binance Partners with Animoca Brands to Introduce $200 Million Fund

Binance Smart Chain announced its collaboration with Animoca Brands to set up a $200 million fund to facilitate blockchain gaming projects that are building on BSC today.

Crypto Fear and Greed Sinking Towards July Levels

Reading Time: 2 minutes The Crypto Fear and Greed Index is at its lowest rating for over four months Bitcoin’s crash to $42,100 has sent sentiment tumbling Last time the Crypto Fear and Greed Index was this low was in July 2021, just before its reversal...

BitMart CEO to hold AMA Over $200 Million Hack

Reading Time: 2 minutes BitMart CEO Sheldon Xia will hold am AMA to go through the particulars of the hack over the weekend BitMart’t hot wallets were compromised with the loss of some $200 million worth of tokens BSV supporters have claimed that the hack was a chance...

Bitcoin Drops 20% in 7 Days, Crypto Market Loses $500 Billion

Bitcoin saw a major price correction on Saturday as the digital currency lost nearly 10% of its value within 1 hour. Overall, BTC is down by almost 20% in the last 7 days.

Dec 05 2021

Congress to Question Cryptocurrency Chiefs

Reading Time: 2 minutes The US House Financial Services Committee is to question top crypto executives next week The panel will discuss “the challenges and benefits of financial innovation” with representatives from Circle, FTX, Bitfury and more Few details have been...

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