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0 CommentsNon-fungible tokens (NFTs) have hyped the art market and adjacent industries this year, but their extreme volatility makes it still too early to say on the future of NFT. According to one of the earliest crypto pioneers, Fred Ehrsam, most of NFTs in the market might lose their value in a few years. In an…
It might seem hyper-bullish, but there is real reason to believe such an ascension in price could occur, writes Nik Hoffman in Bitcoin Magazine. Bitcoin will experience three halvings this decade, the first in 2020, the second in 2024 and the third in 2028. Counting the 2020 halving that already occurred last year, Bitcoin has…
Another decentralized finance (DeFi) protocol suffered a collapse in token value. The IRON Titanium Token, or TITAN, backed by billionaire Mark Cuban fell from over $60 to zero dollars on June 16 morning. Cuban has claimed he ‘got hit like everyone else’ after the token crash. The DeFi Titanium token in one day has dropped…
The new “cryptospring” is here. Ever since the beginning of the year the graph for bitcoin rate in relation to dollar resembles a mountain range: starting at $ 20,000 in mid-December, the first cryptocurrency quickly reached 40,000$, slightly slower got to $ 65,000 and went down (though also unevenly). Now BTC price is hovering around…
MicroStrategy CEO Michael Saylor expressed his support for cryptocurrencies and called Bitcoin the most dominant digital property network. In the interview with CNBC on Tuesday evening, he compared Bitcoin to digital gold on a big technology network. Commenting about the performance over the last 12 months the recent surge in inflation, and the role of…
Central bankers are trying to reduce fears that their efforts to develop digital currencies (CBDC) might take business away from commercial banks. Benoit Coeure, the head of the Bank for International Settlement’s Innovation Hub, said in Stockholm on Wednesday that commercial lenders should consider central bank digital currencies (CBDC) “as an opportunity that will enable…
