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Gold and crypto have been going down in value over time however, they have experienced a recent rebound after Musk bought Twitter. Over the last week, the crypto market has been going below $2 trillion. The top ten digital assets have seen losses of up to 10% over the past week. The price of gold has seen significant losses over the last 24 hours. One ounce of fine gold has lost 1.6 percent of[…]
Let’s discuss the top 10 crypto prices today. The global crypto market cap has dropped by 2.03% in the past twenty-four hours. Bitcoin, Ethereum, Solana, Cardano, Avalanche, Terra, and Binance have all gone down in value. The market cap now stands at $1.81 trillion. Over the last 24 hours, the crypto volume has increased close to 28% and has reached $69.20 billion, according to CoinMarketCap. The DeFi volume was $7.78 billion, which takes up[…]
The Moonbirds NFTs were available for purchase on Saturday, the 16th of April. In a matter of two days, they managed to sell $200 million. The Moonbird NFT features owls. The PROOF Collective is a private group that collects NFTs. Ryan Carson and Kevin Rose run the Collective, and the membership pass has a fee of around 99 ETH. The Moonbirds launch has caught the eye of many NFT collectors with its success just[…]
The Ethereum developer Virgil Griffith has to serve 63 months in prison.; this Tuesday by U.S. District Judge P. Kevin Castel in Manhattan. Last year in September, Virgil was guilty of violating the International Emergency Economic Powers Act. According to the charge, Virgil Griffith would need to serve 20 years in prison; however, prosecutors agreed to no more than six and a half years. What did Virgil do? The arrest took place in Los[…]
Ethereum 2.0 upgrade will transition the whole system from proof of work to proof of stake. In addition, it will improve the scalability of the network along with several changes to the infrastructure itself. Ethereum 2.0 is interchangeable with its two other names, Eth2 or “Serenity.” The foundation announced in January 2022 that Eth2 doesn’t exist. They claim they will not refer to the new upgrade as Eth2. Instead, Eth2 is a network upgrade[…]
Ethereum has completed 4.5 times as many transactions as Visa. This may be due to the upgrades that are being done to the Ethereum blockchain and the NFT trend. Ethereum transactions reached $11.6 trillion in 2021. In comparison, Visa transactions reached $10.4 trillion. According to research and the amount of transactions they both have made, we see Ethereum has outperformed VISA. The second-largest cryptocurrency has surpassed the world’s top digital payment company Visa, in[…]
The third richest billionaire of Mexico has shared his view on bitcoin, inflation, and fiat currencies. Ricardo Salinas Pliego is the founder of Grupo Salinas. A company that focuses on telecommunication, financial services, media, and retail stores. Mexico’s billionaire has a net worth of $13 billion, according to the Forbes list of billionaires. The bitcoin conference: At the Bitcoin 2022 conference in Miami, the billionaire of Mexico shared his experience regarding inflation. He said,[…]
The uncertainty that comes with bitcoin and the cryptocurrency world can be a barrier to bitcoin adoption. This notion was in discussion at the Bitcoin 2022 conference in Miami Beach, Fla. Speakers at the event remained optimistic that there are regulators interested in better understanding the crypto world. The notion of consumers accepting digital assets as a form of payment is a big step. This will lead to broader acceptance in the industry. However,[…]
Sushil Kumar Modi an upper house Indian parliament member of Rajya Sabha has recently shared his view on cryptocurrency. On Tuesday his interview with Forkast went live. His goal was to impose a 30% tax before Rajya Sabha passed their Finance Bill. However, in the interview published Tuesday, Modi mentioned that India should tax crypto 50%. Modis Views: Modi said “The government has not said in so many words… that crypto is like gambling.[…]
The dominant NFT market trend is increasing sales volumes, adoption, and liquidity. However, according to Matrixport Ventures’ Daniel Yan, a barrier in the evolving industry might be resolved by additional financial layers. Brands such as Nike, Adidas, and Louis Vuitton have recently joined the NFT bandwagon. According to a CryptoSlam tracker, buyers have hit a high of 895,000. Yan told Blockworks that this is just the beginning of the story. Yan said, “When we talk[…]