In a bid to wake people to the dangers of Modern Monetary Theory (MMT), a message that read “printing money is stealing from the poor,” accompanied by a Bitcoin symbol, was projected on the Bank of England (BoE) building. The incident has highlighted the disconnect between economic policy and cryptocurrency in general. With alarm bells…
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Web3 ecosystem is in the nascent stage and evolving continuously with cutting-edge products and more innovators taking a keen interest in exploring blockchain in general. But, when we talk about web3 adoption at scale, it somehow fails due to some significant hurdles faced by many. For starters, if you’re a new entrant exploring the Dapps…
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Dogecoin extended its rally above the $0.4000 resistance against the US Dollar. DOGE tested the $0.4500 zone and it is likely to continue higher in the near term. DOGE gained bullish momentum above the $0.3500 and $0.4000 resistance levels against the US dollar. The price is trading nicely above the $0.3000 support and the 100…
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Bitcoin price failed to continue higher towards $60,000 against the US Dollar. BTC declined sharply and tested the $54,500 support zone, where the bulls took a stand. Bitcoin failed to extend gains and it formed a short-term top near the $59,000 level. The price is now trading well below the $57,000 level and the 100…
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Ethereum extended its rally and it traded to a new all-time high above $3,450 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid above $3,100. Ethereum remained in a strong uptrend and it broke the $3,400 level. The price is now trading well above $3,200 and the…
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If you need reassurance on just how early you’re to Bitcoin, head to Fortune.com. They interviewed the managing director of Treasury Partners, Jerry Klein, to find out if corporations are thinking about Bitcoin as a store of value. Short answer, “Not one of our clients has expressed interest in Bitcoin.” Good to know. But let’s…
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In a testament to how crazy markets have become, Dogecoin is now worth more than Twitter. While it looked like the DOGE train had run out of steam during late April’s sell-off, its market cap has gone on to nearly double, to just below $50 billion, in less than two weeks. Elon Musk’s involvement is…
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VeChain Global Technology has petitioned for a patent with the U.S. federal agency Patent and Trademark Office (USPTO). Filed on April 22nd, 2021, the application seeks to register methods, devices, blockchain nodes, and a system for carbon recording and trading, per the document published by the agency. The patent has been attributed to Jianliang Gu,…
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Popular DeFi protocol Yearn Finance has launched a new product, a yield generator called yvBOOST. Part of its suite of vaults, this product will complement the “Backscratcher” vault and will allow users to earn and boost rewards in the Curve-based token 3CRV. “Backscratcher” offers rewards in Curve’s, an Ethereum exchange liquidity pool, native token CRV.…
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In an interview for CNBC’s Squawk Box, eBay’s CEO Jamie Iannone talked about the possibility of integrating Bitcoin and crypto payments into their platform. BTC and other digital assets have seen an unprecedented wave of adoption from institutions, companies, and payment platforms during the last year and the popular e-commerce website seems to want in…
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