Cryptocurrency Analysis and News Portal
The Swiss National Bank (SNB) says it will technically be ready to launch a wholesale central bank digital currency (wCBDC) in January of next year, using Switzerland’s newly-licensed Six Digital Exchange (SDX).While it’s the retail-facing version of a CBDC that tends to grab most attention, the argument for wCBDC, designed
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The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curated by his son George III
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On Monday, Metro Mayor of the Liverpool City Region Steve Rotheram announced a 700,000 pound ($955,957) investment into blockchain-powered food delivery service Peepl. The software aims to act as a cost-efficient alternative to food delivery giants for local restaurants.Peepl claims that it can save restaurants up to 50% on the
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This episode is sponsored by NYDIG.Download this episodeNLW today provides 14 different takes on shiba inu coin (SHIB) that reflect the range of perspectives across the crypto community, including:“You could have been a billionaire if…”This plays into regulator’s hands“If it only goes to a dollar…”Are the institutions really coming in?At what
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zkTube is the world’s first Layer 2 mining protocol based on ZK-Rollup technology. Starting from 2020, in Melbourne-Australia, the company has achieved several significant milestones, bringing ease for users on the Ethereum network. Now, zkTube is logged into the top 5 KuCoin, one of the top cryptocurrency exchanges globally. This
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Electric car maker Tesla (TSLA) took an impairment charge of $51 million in the third quarter to account for its bitcoin holdings.Elon Musk’s electric vehicle company reported no new sales or purchases of digital assets, according to its 3Q earnings presentation. The company currently holds $1.26 billion in bitcoin.Bitcoin gained
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Sotheby’s, the 277-year-old British auction house, is staking its claim in the metaverse with the launch of a new platform called “Sotheby’s Metaverse” that allows visitors to view digital artworks available at auction, as well as learn about the collectors and artists behind the non-fungible tokens (NFTs). Source
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Bitcoin (BTC) buyers are exiting positions as overbought signals appear on the charts. Resistance is seen around $58,000-$60,000, which preceded a price drop in May. This time, however, pullbacks could be limited toward the $50,00-$52,000 support zone. Source
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Shiba Inu, the self-acclaimed Dogecoin-killer, has shaken the market with its recent bullish momentum. The meme coin has surmounted over 350% upsurge within one week, ranking it amongst the top 12 cryptocurrencies based on market capitalization. Presently, SHIBA is the most traded currency on leading exchanges like Coinbase, Binance, and Huobi. Memecoins A
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Following China’s surprise move to make crypto mining and crypto trading services explicitly illegal within its borders, there is still much we don’t know about the real impacts. But, of course, that’s not stopping plenty of commentators from peddling simplified reactions. Here are three common ones – and why they,
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