The Metaverse allows people to interact with one another, digital objects and the physical world through their avatar in a virtual environment. As nonfungible token sales appear reanimated after a nearly two-month dry spell from their apex in May, a particular NFT application is gaining popularity more than ever: metaverses. Metaverses have gained their fair […]
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Cryptos Like Decentraland (MANA) shoots up after Facebook’s rebranding to Meta
The net market capitalization of metaverse tokens grew 13.40% to $12.36 billion in the past 24 hours. Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland, a virtual place with its own economy, currency […]
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5 environmentally sustainable coins to consider
There is no denying that in the past decade, cryptocurrencies have been quivering up the financial market. Recently, they have become one of the most valuable assets in most investors’ portfolios. However, environmental impact is one of the key problems that the crypto world is facing nowadays. Crypto enthusiasts like Tesla and SpaceX CEO Elon Musk are […]
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Should you be buying this price dip for Bitcoin?
BTC is retesting major support and resistance zones and analysts believe that the long-term outlook remains bullish if Bitcoin can close above $63,000. Cryptocurrency traders are scrambling and scratching their heads after a sharp drop in Bitcoin (BTC) price triggered a market-wide sell-off that has nearly every token in the top-200 flashing red on Nov. 16. Data from Cointelegraph […]
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Moonvember for crypto?
Bitcoin (BTC) begins a new week with a race toward all-time highs as bulls save the day — and the week — at the last minute. A week of sideways BTC price action came to an end just in time for the weekly close, with Bitcoin bouncing back to $66,000. It is a classic move […]
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Did Elon Musk Sell his $1.1B Worth of Tesla Shares for more Cryptos?
Tesla’s CEO hasn’t disclosed yet how he’ll use the funds obtained from the billionaire transaction. Before that sale plan was made public, Musk asked his 62.5 million Twitter followers to vote in an informal poll, telling them their vote would determine the future of his Tesla holdings. The filings reveal that, in fact, he knew some of his shares were slated […]
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Visa Executive Comments That The Crypto World Has Been Receiving More Mainstream Consumers
Visa’s head of crypto sees a “whole new class” of mainstream consumers entering the crypto space due to non-fungible tokens (NFTs). The executive further says: “Crypto is becoming cultural. It’s becoming cool.” Visa’s Executive: ‘Crypto Is Becoming Cultural, It’s Becoming Cool’ Cuy Sheffield, Visa’s head of crypto, talked about cryptocurrency during a panel discussion early […]
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Experts are saying that Bitcoin might just hit 90k next week (based on technical analysis)
Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after “trapping” leverage traders. In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action. Update: High timeframes “remain bullish” Despite losing $4,000 in a single day on Nov. 10 and trending sideways since, Bitcoin is anything […]
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Bitcoin has surpassed the total market cap Tesla and Facebook
Bitcoin’s latest price rebound has elevated the asset’s market capitalization to surpass key players from the traditional finance sector. With a market cap of slightly above $1 trillion, the asset is now valued higher than social media giant Facebook (NASDAQ: FB) whose capitalisation stands at $928 billion. Moreover, Bitcoin’s market cap is also above electric vehicle […]
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Bitcoin is ready for $70k if sell-wall is scaled
Bitcoin (BTC) is clinging to $68,000 on Nov. 9 after traders declared it “clear for take-off” and ready to begin further price discovery. It’s a rush to beat out the competition among institutions, but serious resistance remains near new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin approaches “Great Wall of Finex” Data […]