From balloons in a Thanksgiving Day parade to an entire episode of Futurama — even after a crypto market downturn, digital assets made their way into different parts of pop culture. Society is past when even mentioning Bitcoin or Ethereum on a streaming series would make the news. Still, it’s good to look back on
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Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to support the future of Web3 development. The…
Blockchain.com sponsors leading esports organizationCrypto people and gamers understand the internet economy better than anyone.We get it. We live it.The idea of creators, commentators, and players interacting within intricate virtual universes might seem far-fetched to many. But to crypto enthusiasts and gamers, we get it. It’s our every day.In fact, crypto — the financial system of the internet — is a perfect…
Algorand (ALGO) looks poised for a bullish breakout. After dropping below the $1 mark, the coin has actually been consolidating there the past few days. It seems like it’s about to break out, especially now that we have seen sentiment in the market get better. Here are some highlights: The $1 mark has proved to…
Blackrock moves in on Blockchain, Russia reconsiders its crypto ban and McDonalds takes a fun poke at Crypto investors. These stories and more this week in crypto. Asset management giant, BlackRock, has filed for an exchange-traded fund that would focus on blockchain technology. The iShares Blockchain and Tech ETF would enable investment in a number…
With the rise of Bitcoin’s network effects comes the equivalent demise in legacy finance’s network effects.Bitcoin’s price and ecosystem benefit from network effects.As more users join, demand pressure increases the price of bitcoin, which in turn attracts more buyers in a self-reinforcing cycle. Similarly, user growth creates a larger market with more liquidity, incentivizing businesses…
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency investing and the future of money. He believes that crypto will be banned by different governments. Ray Dalio on the Future of Money and Crypto Bridgewater Associates founder Ray Dalio discussed cryptocurrency regulation and the future…
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5.Ethereum price back above key trendlineETH price rising above its 50-week exponential…
Ali Yahya, a general partner at Andreessen Horowitz, told Cointelegraph that TrueFi will “bring the unique advantages of DeFi to a wider and global user base.” Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of…
MicroStrategy bought significantly less BTC in January than in previous months, according to official data. Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday.According to an official form with the United States Securities and Exchange Commission (SEC) filed on…
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