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Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
31.5.2023
Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have been redeemed thus far. Within the span of...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall Lower, as US Consumer Confidence Hits 6-Month Low
31.5.2023
Bitcoin erased recent gains on Wednesday, as markets reacted to the latest points of U.S. economic data. One of which being consumer confidence, which dropped to a six-month low in May. Ethereum was also lower in today’s session, dropping below $1,900. Bitcoin Bitcoin (BTC) neared a breakout...
Junkineering Launches a Closed Demo in Q3 2023: New Approach Vision for the Web3 Gaming Industry
31.5.2023
What is wrong with the current P2E market Since most P2E projects do not create long-playing products, the Free-to-Play model of the past decade is breaking down, threatening to disrupt a $100B+ industry. The main lessons learned before 2023 are: NFTs were misused for trading and farming, not...
Petr Gajdošech, Milan Ryšavý (Seyfor): Cloud přináší výhody velkých podnikových řešení menším firmám
31.5.2023
[MarketVoice] V Česku využívá cloud jen o něco málo víc než čtvrtina tuzemských firem. Vyplývá to z průzkumu společnosti Seyfor. Cloud přitom podle firmy umožní rychlejší nasazování novinek nebo lepší škálování služeb
Report: Global Blockchain Gaming Market to Reach $300 Billion by 2030
31.5.2023
The global blockchain gaming market will grow significantly during the next seven years and is expected to reach a market cap of $301.53 billion by 2030, according to a report issued by markets and intelligence firm Grand View Research. The “Blockchain In Gaming Market Size” report...
AI demand briefly catapults Nvidia into $1 trillion club
31.5.2023
Nvidia share prices have more than tripled since October last year as demand for AI tech surges
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
30.5.2023
After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining operations in Uruguay.” Tether has partnered with...
Bitcoin's next rally may be imminent, on-chain analyst points out
30.5.2023
On-chain data shows that an imminent Bitcoin rally could drive its price up to $32,000, says Glassnode lead-analyst James Check
Biggest Movers: XRP Hits 6-Week High, SOL Collides With Key Resistance Level
30.5.2023
XRP rallied to a six-week high in today’s session, as the token extended a recent bull run to a sixth day. Prices have risen by as much as 10% in that period, with the latest surge sending the cryptocurrency above $0.50. Solana was also higher, hitting a multi-week high of its own. XRP...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, as ‘Death Cross’ Approaches
30.5.2023
Bitcoin was once again trading above $28,000 on Tuesday, as the 10-day and 25-day moving averages neared a death cross. The two trend lines have moved closer to one another, with an upwards bullish crossover somewhat imminent. Ethereum was also marginally higher today. Bitcoin Bitcoin (BTC) jumped...
Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples
30.5.2023
RNDR has been a good high beta Nasdaq play in recent weeks, one portfolio manager noted
Bitcoin Price and Ethereum Prediction: BTC and ETH Poised for 50% Retracement; Brief Market Analysis
29.5.2023
In this update, we will explore the predictions for these two leading cryptocurrencies, as they appear to be positioned for a significant 50% retracement.
We will discuss a brief analysis of the market conditions surrounding Bitcoin and Ethereum, highlighting key factors that may influence their...
Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains
29.5.2023
Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover...
Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal
29.5.2023
Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it “historic.” Ethereum was also higher on the news, hitting...
JustLend DAO’s declaration on USDJ Market’s repayments of bad debts
29.5.2023
JustLend DAO, TRON’s DeFi (decentralized finance) platform, made an announcement on 27 May 2023 (Singapore time) about its USDJ market repayment of bad debts. JustLend DAO allows its users to earn yields via supplied digital assets, borrow them against collateral, take part in TRX staking,...
Bitcoin Price Bounces From 21 Weekly EMA - Risk on For Low Market Cap Tokens & Meme Coins?
29.5.2023
The Bitcoin price has risen by 2.5% in the past 24 hours, with its move to $27,896 helping the cryptocurrency market overall to gain by 2% in the same space of time.
BTC is now up by 4% in a week but down by 5% in the last 30 days, although its gain today means it has risen above its 21 weekly...
AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days
28.5.2023
Roughly three months ago, 74 AI-driven digital currencies boasted a market value exceeding $4 billion. However, since that time, the AI-centric crypto market has experienced a loss of more than $1 billion in value. The Decline in AI-Driven Cryptocurrencies: $1 Billion Wiped Out From Market At...
USDT market share jumps amid economic uncertainty, USDC shrinks
28.5.2023
Over the past year, Circle's USD Coin has seen its market share decline from 34.88% to 23.05%. Tether's USDT shows a contrasting picture
Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes
28.5.2023
The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title “Stability Scope Parameter Changes #2.”...
Economist Peter Schiff Surprises Critics, Dives Into Bitcoin-Backed NFT Market
27.5.2023
Economist and ardent gold advocate Peter Schiff caused a stir on Friday by announcing his participation in an upcoming art sale featuring non-fungible tokens (NFTs). These unique digital collectibles will be minted on the Bitcoin blockchain using Ordinal inscription technology. Schiff’s...