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30 Jan Frahm: Framing the Metaverse

Posted at 09:28h in CRYPTO WORLD by Danish Yasin 0 Comments
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Non-fungible tokens have been the hot topic of 2021 – there’s no other way around it. Their astronomic rise had the entire industry in awe, and while many might have anticipated the growth, it’s highly unlikely that anyone foresaw the rate at which it happened. Another...

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30 Jan Justin Bieber Buys a Bored Ape NFT for $1.3 Million (500 ETH)

Posted at 09:28h in CRYPTO WORLD by George Georgiev 0 Comments
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Justin Bieber becomes the latest member of the exclusive Bored Ape Yacht Club and the proud owner of Ape #3001 that he bought for 500 ETH. Justin Bieber is a top-class celebrity and arguably one of the most famous people on the planet. Now, he also...

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30 Jan Criminals Laundered $8.6 Billion Worth of Crypto in 2021: Chainalysis Report

Posted at 00:28h in CRYPTO WORLD by Dimitar Dzhondzhorov 0 Comments
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The blockchain-based data platform – Chainalysis – estimated that the total cryptocurrency value laundered in 2021 was $8.6 billion – 30% more than 2020. According to the company, though, such an increase is somewhat expected given the considerable growth of the asset class in the...

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29 Jan Love Hurts: British Man Loses $200K in a Bitcoin Romance Scam (Report)

Posted at 20:28h in CRYPTO WORLD by Dimitar Dzhondzhorov 0 Comments
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An anonymous UK resident reportedly parted with nearly $200,000 of his savings after a woman he messaged in a dating app conned him. The man admitted he felt so desperate after the scam that he considered taking his life. ‘In The Blink of an Eye, Everything...

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29 Jan Goldman Sachs: Growing Crypto Adoption Might Not Push Prices Higher

Posted at 15:28h in CRYPTO WORLD by Dimitar Dzhondzhorov 0 Comments
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According to analysts at the multinational investment bank Goldman Sachs, the growing mainstream acceptance might not result in higher prices for digital assets. Instead, the institution opined that the USD value of bitcoin and the altcoins correlate with inflation and other economic events. Bitcoin May Not...

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29 Jan Robinhood’s Crypto Revenue in Q4 Declined Compared to Q3

Posted at 12:29h in CRYPTO WORLD by Dimitar Dzhondzhorov 0 Comments
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The American financial services firm – Robinhood – announced that its cryptocurrency trading revenue for the fourth quarter of 2021 totaled $48 million. In comparison, this volume equaled $51 million in Q3. Disappointing Crypto Revenue for Robinhood in Q4 2021 has been a highly successful year for...

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29 Jan Weekend Watch: Crypto Recovery – Bitcoin Eyes $38K, SOL Spikes 8%

Posted at 09:28h in CRYPTO WORLD by Jordan Lyanchev 0 Comments
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Bitcoin’s recovery attempts continue with the asset aiming to overcome $38,000. Most alternative coins have produced even more significant gains since yesterday. Ethereum is up by 7%, while Solana has jumped by 8%. Bitcoin Eyes $38K Ever since bitcoin failed to breach $39,000 on Wednesday, as the...

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29 Jan Google Cloud Launches a Digital Assets Team

Posted at 05:28h in CRYPTO WORLD by Felix Mollen 0 Comments
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Google Cloud, Google’s online data storage services division, is increasingly focusing on decentralized technologies and announced the creation of a team to focus on building products on the blockchain. There are already other initiatives currently using blockchain technology to offer cloud storage with Filecoin and Sia...

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29 Jan Data Shows Young Bitcoin Addresses Sold 36% of Their Holdings at a Loss

Posted at 00:28h in CRYPTO WORLD by Jordan Lyanchev 0 Comments
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According to data from IntoTheBlock, addresses holding BTC for less than a month decreased their supply as bitcoin slid by $10,000 in less than a week. Bitcoin went through one of its worst corrections in terms of its USD value in the past few weeks. The...

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28 Jan Certain Cardano Investors Doubled Their ADA Holdings During the Crash

Posted at 22:28h in CRYPTO WORLD by Jordan Lyanchev 0 Comments
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The most recent price plummets in the cryptocurrency market have not deterred large investors from accumulating more portions of certain assets. This became evident for Cardano’s native token, as on-chain data revealed that some ADA wallets have more than doubled their holdings in less than...

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