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Axie Infinity Economy Booms as NFT Sales Rise
6.7.2021
Axie Infinity, an Ethereum based game, is now one of the biggest successes of the play-to-earn model. Featuring NFT’s like the game characters, the game monetizes breeding these characters and selling them. As a result, there is now a growing demand for Axies, whose stats can make them reach...
'Investors stay clear': UBS warns regulators could pop 'bubble-like crypto markets’
6.7.2021
UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets
Equity Strategists, Portfolio Managers Share Bitcoin Price Predictions: Survey
6.7.2021
Equity strategists and portfolio managers were asked about what the price of bitcoin will be by the year-end. Almost half of the surveyed participants say the price of the cryptocurrency will fall below the $30K level but some believe it will rise to $60K. Year-End Bitcoin Price Expectations...
248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump
5.7.2021
Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. Musk...
An even bigger mining difficulty drop? 5 things to watch in Bitcoin this week
5.7.2021
Bitcoin may be fresh from its biggest difficulty plunge ever, but estimates warn tat the next may eclipse even that as miners continue to struggle
Stablecoin growth could affect credit markets, rating agency warns
5.7.2021
Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry
Philippine Stock Exchange wants to launch local crypto markets first
5.7.2021
The Philippine Stock Exchange is waiting for the local SEC to issue guidelines for crypto trading
Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ICP, AAVE
4.7.2021
Bitcoin may pick up momentum in the next few days and select altcoins ETH, UNI, ICP, and AAVE could also rally along
Bitcoin fractal setup from 2019 hints BTC price can rebound back to $50K
4.7.2021
The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019
Are cryptocurrency ransom payments tax deductible?
4.7.2021
Any ransom payments made in cryptocurrency are taxed as property rather than currency, so be aware of the U.S. tax implications
JPMorgan Predicts When Bitcoin Bear Market Will Be Over
4.7.2021
Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance rises back above 50%. “I think that’s another indicator to watch here in terms of whether this bear phase is over or not,” the firm’s...
Bitcoin Still Commands the 9th Largest Market Capitalization in the World
3.7.2021
Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away...
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
2.7.2021
The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits
BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
2.7.2021
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended. The economist discussed “embedded...
44% of investors expect Bitcoin to drop below $30K in 2021: CNBC survey
2.7.2021
CNBC surveyed a set of equity strategists and portfolio managers to understand investor sentiment on Bitcoin price
Ethereum bulls chase $2,200 ahead of Friday’s $230M ETH options expiry
2.7.2021
A $2,200 Ethereum price would give bulls a $28 million advantage in this week’s ETH options expiry, but traders are more focused on the impact of the London hard fork in mid-July
Bulls and bears fight over $34K Bitcoin price as $445M options expiry looms
1.7.2021
Bitcoin bears could take a $31-million lead if BTC falls below $33,000 by Friday’s options expiry, but at the moment, both sides are balanced
Double-digit crypto gains and trading volume — what's the connection?
1.7.2021
Unusually high trading volume can be an indication that a crypto asset's price is on the rise
Investment Heavyweights Soros, Cohen Wade into Bitcoin, Crypto Markets
1.7.2021
George Soros. Source: A video screenshot, Youtube/ Central European University
Bitcoin (BTC) has two new – and high-profile – fans from the world of traditional American finance, with George Soros and the “hedge fund king” Steve Cohen both reportedly going crypto.
Both have hinted before that they...
Binance resumes fiat withdrawals via Faster Payments in UK
1.7.2021
Binance has uploaded a notice to its U.K. website stating that Binance Markets Limited is not licensed to undertake regulated activities in the United Kingdom