months

Bitcoin Below $60K for the First Time in 10 Days – Should You Buy the Dip?

Bitcoin is below $60,000 for the first time in over 10 days after what many crypto investors saw as an anticlimactic break of all-time highs. After spending 6 months below its previous all-time high just short of $65,000, Bitcoin made it all the way back and managed to break $66,000 before losing steam. At the time of writing, BTC is trading just above $59,000.  Aside from a few select altcoins, almost the entire crypto market followed Bitcoin’s lead today by making a downward move. As is often the case, excess

Elon Disappoints SHIB Holders, But Tesla May be Accepting Bitcoin Payments Again

Tesla CEO and crypto enthusiast Elon Musk disappointed Shiba Inu (SHIB) investors yesterday when he revealed he didn’t own any of the dog-themed meme coin. In a Twitter thread with a user named “@ShibaInuHodler” who said “Hey Elon Musk how much SHIB are you holding!!”, the tech billionaire calmly replied, “none”. Musk then revealed his portfolio before giving an honest warning about crypto investing. “Out of curiosity, I acquired some ascii hash strings called ‘Bitcoin, Ethereum & Doge’. That’s it. As I’ve said before, don’t bet the farm on crypto!

What is OliveX (BVI)?

DOSE is an ERC-20 token that serves as a reward for players of flagship fitness games of the OliveX gaming ecosystem. The metaverse will soon explode into proportions that no one can even imagine today. In fact, it will likely be even more revolutionary than social media and the internet itself. With the anticipated dominance of this new virtual universe, various companies are rushing to establish their footholds in this growing industry, and one of these firms is OliveX.  Table of Contents Background  OliveX (BVI) is a company that advocates digital

Total Crypto Market Cap Hits All-Time High of $2.6 Trillion

Cryptocurrency markets have been climbing again to kick off the week and the total market capitalization has reached a record high. The market capitalization for all cryptocurrencies has reached an all-time high of $2.6 trillion according to CoinGecko.Sponsored Sponsored This has just surpassed the previous high of $2.55 trillion that was made on May 12 when many altcoins were notching up their own record highs. Total Crypto Market Cap – CoinGecko Rival token analytics platform CoinMarketCap is reporting a total crypto market cap of around $2.5 trillion which is about

Cypto and DeFi opportunities are a result of this

Equating the early days of the internet with the crypto boom is now just a hackneyed adoption analogy. However, now that it is understood, investors can use it to diversify their portfolios.  Crypto evangelist Chamath Palihapitiya recently called “Bitcoin the most profound iteration of the internet that we’ve seen.” However, this time around it is “headless”. Palihapitiya explained that Google ruled the roost at the beginning of the internet boom. And, Facebook has dominated the industry for the last 15 years, he added. Therefore, current crypto and DeFi opportunities are

Why investors are not entirely sold on investing in a Bitcoin futures ETF

With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

Greenheart Token Closes Four Consecutive Pools

The Greenheart CBD Staking Program opened on June 7, 2021 and closed swiftly after reaching its target. To the same high demand, two more pools opened soon after and also closed early. Sponsored Sponsored The fourth pool closed recently—signifying a total of four (4) successfully closed pools for the first-ever CBD DeFi token on the blockchain network—the Greenheart CBD Token. Greenheart CBD Limited is innovating to improve the CBD (cannabidiol) production process through DeFi Blockchain and AI (Artificial Intelligence). Sponsored Sponsored After the close of three of its four staking

Chainlink has high upside potential, but are there true entry points

With Bitcoin leading the market gains showing close to 16.90% weekly price rise, the rest of the market has stayed rather calm. While on the back of Bitcoin gains, the market seems to be witnessing a steady upward movement, most alts have failed to surprise the market. Chainlink, the 15th ranked alt by market cap, has also had a rather stagnant price action.  Nonetheless, while the alt’s long-term prospects looked appealing the market confidence around the alt seemed to be lacking, so where could LINK go from here? Classic case

Bitcoin, Ethereum, Solana, Cardano – How did these cryptos fare in the ETP market

Digital assets like Bitcoin and Ethereum have seen a stellar rise in terms of adoption and user base over the past few months. However, the month of September did not contribute much to this growth. In fact, last month broke some trends and created history in some other ways. Bitcoin’s dominance dropped and altcoin favoritism rose. Ergo, the question – What can we expect from the market in Q4. The fall of digital assets Assets under Management (AUM) in September failed to see the same hike witnessed back in August

This NFT Collection By This 12-Year Old Generates $5 Million In Record Time

The non-fungible tokens (NFT) space has been attracting a large part of the global developers’ community and even 12-year-old kids are joining the rush. Once such 12-year-old Benyamin Ahmed coder recently joined the developers’ team of Boring Banas Co. to create an NFT collection dubbed Non-fungible Heroes (NFH). advertisement This entire collection featuring 8,888 comic book-esque characters sold out in just 12 minutes for a record $5 million, as per the data on Dune Analytics. The NFT collection for NFH features heroes, villains, and gods, with their own storylines. “It

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

MassMutual-owned fintech Flourish launches a new service to connect financial advisory clients with bitcoin

A fintech company owned by MassMutual is launching a service that lets registered investment advisors (RIAs) and their clients tap into bitcoin investments.Flourish’s new service, dubbed Flourish Crypto, reflects the growing intersection between traditional finance and the digital asset space, and it’s a bet on what the company says is growing demand among financial advisory clients for bitcoin. The offering is being launched in partnership with Paxos, which is supporting the execution and custody side of things. The New York-based startup has inked key relationships with payments and financial services