We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yat Siu, the co-founder, group executive chairman and managing director of Animoca Brands, who leads various NFT projects.
Ethereum
Trader and cryptocurrency analyst Alessio Rastani believes Bitcoin (BTC) is entering the final stage of the current bull market, which will propel the leading cryptocurrency to a $100,000 price target. To explain his prediction, Rastani cited the Elliott Wave Theory, which divides upward price trends into five waves. Rastani believes we have entered the final
When Nicholas Merten saw a video explaining Bitcoin in November 2011, he brushed it off, later lamenting that “I unfortunately did not do the right thing.” It’s hard to blame him, after all, he was only 13. Now 23, he runs DataDash, a YouTube channel with over 470,000 subscribers, making it among the largest focused
On-chain data shows crypto exchange Coinbase saw a withdrawal of 400k Ethereum yesterday. This could be a sign of activity from institutional investors, and could prove to be bullish for the coin. Coinbase Observes Outflow Of 400,000 ETH As pointed out by a CryptoQuant post, about 400k ETH (1.5 billion at the current exchange rate)
Ether (ETH) entered a slightly bullish channel earlier this month, and currently the price is marching toward the $3,800 level. Despite the recent turbulence, Ether bulls are set to bag a $53 million profit on this Friday’s weekly options expiry. Investors also appear to be disinterested in Ether’s recent underperformance versus Bitcoin (BTC), and to
Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (dApps) built on the Near protocol, has announced a $12 million debut funding round. The round included over 100 venture capital investors including Pantera Capital and Electric Capital. According to an official statement, Aurora will use the funds for expanding cross-chain capabilities beyond its
The Beautiful Game. Soccer, or football, as those living in the “old world” tend to call it. It’s a sport that has many names, a sport that commands a support base of some 4 billion people. The power of football is undeniable. Its best players, the Ronaldos and the Messis, are some of the most
Ethereum’s native token Ether (ETH) rallied by more than 15% in the first twelve days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC. So far into October (and the fourth quarter of 2021), the ETH/BTC exchange rate has
In an recent podcast interview with The Stakeborg Talks, co-founder of Ethereum, Vitalik Buterin spoke candidly on a wide range of issues including his early attraction to mathematics and problem solving, the potential of decentralized autonomous organizations, or DAO’s, as well as his perspective on Bitcoin’s community and the non fungible token, or NFT, space.
Ether (ETH) price is lagging Bitcoin’s (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the Ethereum network can successfully migrate to proof of stake (PoS) validation and finally solve
For the first time in chess history, grandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, Meltwater Champions Chess Tour (MCCT). The tournament minted a number of NFT trophies and collectibles to indefinitely preserve the game’s most defining moments. Speaking to Cointelegraph, Carlsen shared his appreciation of
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Olga Kupchevskaya, vice president of research and development for MyEtherWallet. Olga is vice president of research and development
Whether it’s baseball players or shiny Pokemon cards, collectibles have been a cultural mainstay in human behavior since the Renaissance. Memorabilia from famous films or items of clothing worn by a celebrity can be auctioned and sold for eye-watering amounts. Take the prototype Batmobile from the 1960s Batman TV show, it was sold for $4.2
Powercrypto Holdings, a subsidiary of the blockchain software provider Powerbridge Technologies, is launching cryptocurrency mining, specifically Bitcoin (BTC)and Ethereum (ETH), in Hong Kong. These cryptocurrency operations will utilize environmental-friendly, green, and sustainable energy. This announcement was made in a press release on Friday, October 8, 2021 Powerbridge Technologies is a growth-driven technology company primarily engaged in SaaS
The amount of Ethereum that is being held by miners has reached record levels in U.S. dollar terms as they remain reluctant to sell. The balance held by Ethereum miners is the largest it has been since shortly after the network was launched five years ago. When converted into USD, it is at a historic
As September ended, the cryptocurrency markets recovered from the so-called “September curse” handsomely to hit a market capitalization of $2.32 trillion. The decentralized finance (DeFi) market has been an integral part of this growth. The total value locked (TVL) in DeFi protocols grew more than 20%, from $113.5 billion on Sept. 28 to hit $137