The Ethereum Foundation (EF) – a non-profit organization that supports the second-largest blockchain protocol – disclosed that its treasury equals around $1.6 billion. $1.3 billion of it is distributed in digital assets (primarily ETH), while approximately $300 million belong to non-crypto investments. The EF Sold ETH...
The American economy continues to look gloomy and signals pointing toward a looming recession continue to appear. In a note sent to clients this week, Goldman Sachs’ chief economist said the bank envisions the “odds of a recession as roughly 15% in the next 12...
Metaverse games The Sandbox and FlickPlay have partnered to create an NFT collection interoperable between both games. The collectibles feature an anthropomorphic chameleon named Flicky, who wears various combinations of clothing. The First Physical-World NFT As reported by Reuters, some of the users that acquire Flicky will...
ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process. Zilliqa (ZIL) ZIL was...
Following a weekend of bearish pressure, BTC’s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. Overall, the cryptocurrency market cap is down nearly 4% as of writing. Bitcoin Bitcoin fell...
Greenridge Generation – a power generation and Bitcoin mining company – reportedly faces an “uphill battle” in staying compliant with New York state’s environmental law. The Department of Environmental Conservation (DEC) is currently under pressure from a regional activist group to have the facility shut...
United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner Emirates has said it...
[PRESS RELEASE – Hong Kong, Hong Kong, 14th April 2022] Platypus is launching their gamified interface in May of 2022, under the name Platopia. Within the Platopia realm, utility NFTs can be minted and traded to catalyze superior yield performance. Platypus is already leading the race with...
WonderFi Technologies – a Vancouver-based tech company that provides access to financial services through DeFi – reportedly plans to purchase the crypto exchange Coinberry for around $30 million. If executed, the initiative will put two out of six registered digital asset trading venues in Canada...
Key Support levels: $0.90, $0.79 Key Resistance levels: $1, $1.2 This Monday saw the market open in red, and ADA dropped 5% in a few hours. The support at $0.90 is struggling to prevent the cryptocurrency from falling lower but will likely fail if the selling pressure...