Cryptocoins News / Finance Magnates - 2 years ago
<p>Many big brands are entering the NFT (non-fungible token) world. Recently, Balmain created its own NFT ecosystem, which they call a Non Fungible Thread. The thread is an amalgamation of real and virtual experiences built on a Ripple ledger t...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Are we really facing a so-called crypto winter? It’s certainly been the looming fear since USD 2.25 trillion drained out of the market in a few turbulent months and is an unavoidable talking point.</p><p> However, that widely exp...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Digital asset services provider, Blockchain.com recently announced that the company has signed a Memorandum of Understanding (MoU) with the Virtual Assets Regulatory Authority (VARA) in Dubai. According to the details shared by Blockchain.co...
Cryptocoins News / Finance Magnates - 2 years ago
<p>FTX Ventures, a $2 billion venture capital firm based in Nassau, Bahamas, is planning on buying a 30% stake in SkyBridge, a global hedge fund and alternative asset manager.</p><p>SkyBridge Capital, which was founded in 2005 by An...
Cryptocoins News / Finance Magnates - 2 years ago
<p>There are occasions when a new technology is so novel that use cases are initially vague, or a wide variety of utilizations are suggested.</p><p> Some assert this is the general case in the world of crypto, but regarding the big...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Huobi Group, a big brand in the cryptocurrency industry, announced on Friday the gaining of regulatory approval from the Financial Services Commission (FSC) for the British Virgin Islands.</p><p>According to the press release sha...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The US Department of Justice announced on Thursday that one of the masterminds of the <a href="https://www.financemagnates.com/cryptocurrency/revolut-gains-cysecs-approval-to-offer-cryptocurrency-services/" target="_blank&q...
Cryptocoins News / Finance Magnates - 2 years ago
<p>On 9 September 2022, Argo Blockchain, a public-listed crypto mining firm, published its operational updates for August 2022. During the mentioned period, Argo witnessed a decent spike in crypto mining activities as the company mined a total...
Cryptocoins News / Finance Magnates - 2 years ago
<p>As more brands enter the NFT market, different crypto sectors are booming. According to Market Decipher, the sports NFTs market size in 2022 is estimated to be $2.6 billion. In 2032, it is forecasted to reach $41.6 billion.</p><p>...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Amid market correction, dormant Bitcoin (BTC) supply has climbed significantly in the past few months. According to the latest data published by Glassnode, BTC supply that was last active at least 12 months ago touched 65.77% on 6 September....
Cryptocoins News / Finance Magnates - 2 years ago
<p>Has bitcoin hit the bottom? It is plausible, but the majority of observers seem to think not. In favor of the argument that a bottom has been found, there are elements of technical and on-chain analysis that viewed from a certain angle, can...
Cryptocoins News / Finance Magnates - 2 years ago
<p>In short, you cannot screenshot an NFT. </p><p>Or at least not in the way you think you can. </p><p> You can absolutely screenshot the image that comes with an NFT, but that’s not actually what an NFT is; it’s only a...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Digital asset services provider, Gate.io Group recently <a href="https://www.prnewswire.com/news-releases/gateio-group-completes-virtual-asset-service-provider-registration-in-lithuania-signifying-eu-milestone-in-its-expansion-301617...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Amid the switch of the Ethereum network from the current proof of work to an energy-efficient proof of stake infrastructure, the mining revenues of ETH have plunged sharply in the past few weeks. With the ETH Merge in sight, the total mining...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Bank of Russia and the country’s Ministry of Finance are reconsidering their approach toward the <a href="https://www.financemagnates.com/cryptocurrency/russia-to-treat-bitcoin-as-a-foreign-currency-in-its-regulatory-plans/"...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Nigeria Export Processing Zones Authority (NEPZA) is looking to partner with Binance and Talent City for Nigeria to launch the one of its kind Virtual Free Zone in Africa.</p><p>Adesoji Adesugba, the NEPZA’s Managing Director...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The price of Bitcoin failed to make any substantial move last week as the most dominant digital asset stayed below $20,000 over the weekend. However, the supply of Bitcoin at leading <a href="https://www.financemagnates.com/cryptocur...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Shiba Inu, one of the most valuable digital currencies in the world, now has more than 1.214 million unique addresses on its network. According to <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank&quo...
Cryptocoins News / Finance Magnates - 2 years ago
<p>A generational change has unstoppable momentum but isn't confrontational, because it simply represents an altered way of looking at the world. Such shifts are inevitable and occur as a consequence of something that cannot be halted: peo...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Turkish Ministry of Internal Affairs announced on Tuesday that 28-year-old Faruk Fatih Ozer, the Founder and CEO of the folded Turkish cryptocurrency exchange, Thodex, has been arrested in Albania. </p><p>The ministry said th...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Thailand’s Securities and Exchange Commission (SEC) has brought <a href="https://www.financemagnates.com/cryptocurrency/news/uk-government-plans-to-tighten-rules-on-misleading-crypto-ads/" target="_blank">strict rul...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">The cryptocurrency space continues to see several developments and new phenomena in 2022. This includes the advent and adoption of Web3, new innovations in blockchain protocols, NFTs, the rise of the Metaverse and...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Bitcoin (BTC) has witnessed a strong bearish market sentiment in the past few days as the world’s most dominant digital asset dropped below $20,000 amid strength in the US Dollar. Among other negative indicators, profitability across the BTC...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The CTO of Bitkub, Samret Wajanasathian appeals against the Securities and Exchange Commission's (SEC) fine. The SEC accused Samret of insider trading, which took place in 2021.</p><p>The SEC barred Wajanasathian from his po...
Cryptocoins News / Finance Magnates - 2 years ago
<p>To assess the trajectory that cryptocurrencies may be on, it’s useful to look back at the arcs that new technologies and ways of thinking have taken in the past. A familiar pattern is that novel tech is regarded as eccentric and essentially...
