Category: Investment

Signs of Recovery? BTC Could Flip $40K Resistance to Support

[ad_1] As the month of June draws to a close, Bitcoin is continuing to trade within the $30K – $40K range for the fourth week in a row. Justin Hartzman, Chief Executive of Canadian cryptocurrency trading platform, CoinSmart. Bank Account Alternative. Business Account IBAN. Justin Hartzman, Chief Executive of...
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Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’

[ad_1] Aswath Damodaran, professor of finance at New York University’s Stern School of Business, has reiterated his criticism of Bitcoin (BTC). Appearing on episode 10 of the Moneycontrol Masterclass program, the NYU professor doubled down on his longstanding repudiation of Bitcoin as currency. According to Damodaran, Bitcoin’s limited use...
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Embracing decentralization at Coinbase

[ad_1] The cryptoeconomy is still in its early stages, but it is clear that every year more and more economic activity will take place on crypto rails. Coinbase is the trusted bridge to the cryptoeconomy today, but we need to become the place people also go to actually participate...
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Elon Musk Leaving Doge Behind For New Dog Coin?

[ad_1] Elon Musk has seemingly left behind the Dogecoin for a shiny new dog coin; Shiba Inu. Shiba Inu is a dog breed. More specifically, the dog that is used in the Dogecoin memes is a Shiba Inu. Given the popularity of Dogecoin, the coin seems to have been...
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Rangers Protocol plans testnet launch for mid-July

[ad_1] Describing itself as a provider of “virtual worlds blockchain infrastructure,” the Rangers Protocol will open its testnet to users starting in July. In a Thursday announcement at the Global DeFi Summit, Rangers Protocol co-founder Mary Ma said the project would be aiming for a mid-July launch of its...
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Future of digital artwork or another crypto fad?

[ad_1] As nonfungible token (NFT) art continues to develop as an industry, a new trend is quickly emerging: physical NFT galleries featuring digital, nonfungible pieces of unique artwork. Most recently, the largest Bitcoin (BTC) event in history — the Bitcoin 2021 conference — featured a peer-to-peer pop-up NFT art...
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Bitcoin (BTC) Mining In China To Usher Historic Moment

[ad_1] Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. This has created another variable in the already uncertain crypto...
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The End of NFTs? NFT Sale Transaction Volume Down 95% since Early May

[ad_1] The drop in non-fungible token sales that began in early May seems to be continuing into June. Finance Magnates previously reported that according to data from NonFungible.com, the week-long period surrounding the NFT market peak at the beginning of May saw $170 million in transaction volume. By the...
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