Month: September 2022

Bitcoin continues to hold above the $19,000 mark even as currency woes wreaked havoc across stocks and other legacy markets this week. After dipping to lows beneath $18,600, Bitcoin bounced as high as $20,300 before paring the gains amid a highly volatile market that also saw the S&P 500 Index notch losses that puts it […]

Bitcoin (BTC) miners remain under stress at current price levels as data shows large outflows from miner wallets returning. According to on-chain analytics firm Glassnode, monthly miner sales totaled up to around 8,000 BTC in September. Bitcoin miners see heavy sales In contrast to the June lows, when BTC/USD hit its current multi-year floor of […]

XRP is the best performer amongst the top 10 cryptocurrencies by market cap today after rallying by more than 10%. XRP, the native coin of the Ripple ecosystem, is the best performer amongst the top 10 cryptocurrencies by market cap on Friday. The rally comes after Ripple scored an important win in its ongoing case […]

The company behind the Spartan Race has released a nonfungible token (NFT) collection which will immortalize the names of the initial holders in stone, with plans to build a 35-foot (10.5 meters) statue in Ancient Sparta encircled with 15,000 name-engraved stones. Spartan founder and CEO Joe De Sena plans to bury his ashes under his […]

The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment. The latest paper by researchers at the department of economics at the University of New Mexico, published on Sept. 29, alleges that from a climate-damage perspective, Bitcoin operates […]

Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to dump them shortly after.” Davis was responding to a Twitter thread posted by Zach on Sept. 29, containing allegations that he profited over $1.2 million through selling tokens from crypto projects which […]

On Sept. 29, global music and entertainment company Warner Music Group (WMG) announced a partnership with nonfungible token (NFT) marketplace OpenSea to provide a platform for select musical artists to build and extend their fanbase into the Web3 community.  According to the release, the collaboration between these two entities will allow select WMG artists to get […]

The Carlyle co-founder David Rubenstein also believes Congress will not overregulate the crypto industry. David Rubenstein, co-founder and co-chairman of Carlyle, a global private equity firm, believes crypto is here to stay. Rubestein, who aired his views on the crypto sector in a recent interview with Bloomberg, however suggests key factors that might drive one […]

One of the markets that have a lot of potentials to take off in October is the NFTs market. That’s because some of the largest corporations in the world are getting into NFTs, and that means not just the potential for value growth but also FOMO. That’s why as we head into the new month, […]