Twitter ex-CEO Jack Dorsey has admittedly never been a fan of Ethereum and has been quite open about his stance on the cryptocurrency. Dorsey has always been a Bitcoin maximalist through and through, showing support for the pioneer cryptocurrency at every turn. Even going as far as stepping down as Twitter CEO to focus more…
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Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop. Bitcoin Exchange Reserves Decline, But ETF And Other Instruments Enjoy Growth As per the latest report from Arcane Research, BTC exchange reserves have seen significant decline…
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Trading at $48,747 with a 1.1% profit in the past day, Bitcoin remains rangebound. The first crypto by market cap has been unable to break from the $45,500 to $49,500 channel in the last 7-days, but a combination of factors could increase volatility soon. BTC moving sideways in the 4-hour chart. Source: BTCUSD Tradingview Related…
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Dfinity Foundation is boosting its developer ecosystem with a $215 million grant. This is to help further the development of decentralized applications (DApps) on the Internet Computer blockchain. Over 115 teams have benefitted from this grant and more are expected to do so as time goes by. NewsBTC sat down with Lomesh Dutta, Vice President…
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Blockchain industry spending is expected to break the $11 billion mark next year thanks to the growing interest in cryptocurrency, smart contracts, and other technologies fueled by blockchain. There’s no doubt that in the previous years, the entire cryptocurrency domain had to sustain worldwide regulatory resistance until the Covid-19 pandemic broke out in 2020. However,…
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Cryptocurrencies have had an incredible year, surpassing the $3 trillion mark at one point in 2021. According to Chainalysis research, crypto adoption increased by more than 2300% in 2021 as compared to 880% in 2020. This adoption was mainly seen in developing nations of Asia, including Vietnam, India, and Pakistan, proving that crypto has been…
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Inheritance Art is a platform that specializes in hyper-realistic, holographic art. Its foray into the NFT space was born out of the need for there to be more intricate and compelling art in the space. Presently, the artworks that dominate this space are modern art from artists who are all trying to recreate the current…
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Flickto has announced a date for its first-round IDO in partnership with Cardano launchpad KICK.io. The project is meant to empower the public to choose which media projects they want to see funded. This simultaneously takes the power of media financing out of the hands of a few conglomerates and gives that power back to…
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Ethereum is gaining pace above the $4,000 zone against the US Dollar. ETH price is showing positive signs, but it must clear $4,100 for a strong upward move. Ethereum started a fresh increase and surpassed the $4,000 resistance zone. The price is trading above $4,020 and the 100 hourly simple moving average. There was a…
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When it comes to the growth of crypto adoption, Africa and Asia lead the world: Of the top 10 countries ranked by crypto adoption in 2021, six are in either Africa or Asia. A total of $105.6 billion worth of crypto assets were traded in Africa between July 2020 and June 2021, a growth rate of 1,200%…
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