JPEGs were offered for millions of dollars in 2021, and regular marketplaces joined in to trade the tokenized art and receive cryptocurrencies. Non Fungible Tokens are digital assets that portray rights of online items such as artworks, software, and media, and they store their key data on the blockchain, making them one-of-a-kind. According to Dapp … Read more
Speaking to the media, IRS Chief, Jim Lee, claimed that the federal regulator is going to confiscate billions of dollars from the cryptocurrency market and traders in 2022. Commenting on the matter of crypto regulation, he claimed that 2021 was a great year for the organization. Chief Lee told Bloomberg Crypto that during the ongoing … Read more
Meta’s fintech unit and crypto’s head, David Marcus, will resign from his position at this year’s end. The new face on his place will be Upwork’s former CEO, Stephane Kasriel, who has been previously providing services at Facebook (former name of Meta) since August recent year. Marcus shared his decision on 1st December via a … Read more
The developers of ETH (Ethereum) have invited the network’s community to assist in testing the long-expected Merge among Beacon Chain, which is based on PoS (proof-of-stake), and Etherem mainnet. The Merge counts to be a prominent landmark towards the evolution in the direction of Eth2 because it will witness the transition of the Ethereum network … Read more
Adit Ed Tech Acquisition Corp, known as a SPAC (special purpose acquisition company), intends to acquire self-miner for Bitcoin (BTC) from Griid Holdco, as disclosed by the companies on Tuesday. The scheduled transaction considers the combined firm, including debt. Up to $246M will be received by the mining firm in cash provided by the trust … Read more
Though USDT (Tether) and USDC (USD Coin) are considered to be the most suitable stablecoins in the ecosystem of cryptocurrency, another such coin appears to move toward the top. On November 30, the official account of UST (TerraUSD) on Twitter posted a proposal to increase the liquidity of the coin on Ethereum, via utilizing a … Read more
Many new projects are designed within the realms of the crypto market and continue to grow further. Some digital products have also been introduced, such as exchange-traded funds, blockchain platforms, decentralized apps, and if none of these, then non-fungible tokens. Governments, communities, and institutional organizations all seem hopeful with these digital assets, and evidently, they … Read more
AVAX weakens from its higher highs. The new coronavirus variant scares investors. Avalanche has its massive support of $100. Avalanche (AVAX/USD) encounters price weakness after recording its highs beyond $146. However, the altcoin plummeted to $101.4 on November 21. For now, the pair has its price at $107. Technicals show that Avalanche entered a bearish … Read more
The financial markets provide people with a number of opportunities for achieving their financial goals, but you have to have the right knowledge and skills in order to enjoy the profits you want. There are a number of tools that can be extremely helpful for traders during the process and one of these are trading … Read more
