2 Important Points : Investors looking to position their portfolios for 2022 and beyond may consider buying the dip. Sticking to more established cryptocurrencies offers a balanced option worth taking. The crypto market plunged as much as 10% on Monday to add to a sell-off that’s been brewing for weeks. Three of the five largest […]
Category Archives: Economic
Bitcoin is testing key technical support levels after a more than 30% plunge from a record high hit just over a month ago. One is the 55-week moving average — which in the past has sometimes provided a floor for selloffs — while another is a level of about $44,100 implied by a Fibonacci study […]
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There’s only 10% of Bitcoin left to mine
Cryptocurrency is gaining in popularity with each day. Whether it is its extreme volatility or promise of high returns, people are curious and drawn towards them. These virtual coins are sort of a breather to those who feared losing money in the market at the beginning of the coronavirus pandemic, and an enigma to new […]
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The Metaverse will give NFTs a stronger purpose – Zachdev
We all know that NFTs (Nonfungible Tokens) are here to stay and the arrival of the metaverse is only set to make their appeal and use even more popular. NFTs are making it ever more possible to express individuality online, whether through randomly generated or carefully designed features. The virtual clothes and accessories users choose […]
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Why Am I So Confident About The Metaverse – Zachdev
Conceptually, the metaverse promises a lifelike, immersive virtual world where people can meet, work and play using devices like virtual reality (VR) headsets and smartphones, among other gadgets. However, there is no consensus about what the metaverse actually looks like in practice. As Zachdev, I am personally betting on the metaverse as just one part of […]
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Scott Melker, host of “The Wolf of All Streets” is betting on the Metaverse
Bitcoin’s price action tends to lead the market, and Melker has been watching the developments that could have impacted its moves. While he wasn’t surprised by the correction last weekend, he certainly didn’t expect to see bitcoin dip to $48,000. When the #Bitcoin price goes up, people seem to never be able to imagine it […]
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Bitcoin hits $47k – Santa! What’s happening?
Bitcoin (BTC) has suddenly fallen below $47,000 on Dec. 4, losing nearly 20% in the past 24 hours. This makes this the biggest one-day drop since May 15 when Bitcoin price momentarily came down to nearly $33,000. The market price of BTC fell down 26.4% from week-long support of $57,206 to go down to $42,268 […]
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Ethereum’s Back Above $4,400
Times could be changing, Investors could be distributing. Ethereum’s price went above $4,400 Wednesday, continuing its climb after a big drop over the weekend. It dropped below $3,700 Saturday morning, extending a sudden and decisive drop that started Friday afternoon. The decrease followed a relatively strong week for Ethereum, which nearly hit $4,800 — close […]
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Visa and Crypto
Visa’s new crypto consulting services to push for mainstream adoption of cryptocurrencies. Payments giants Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies. The firm said on Dec. 8 that its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial […]
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Were The Metaverse Tokens Affected?
“Metaverse” has been a Silicon Valley buzzword for months, but interest soared in October after Facebook’s parent company renamed itself “Meta” as it shifts its focus towards VR. The Facebook rebrand “introduced the term ‘metaverse’ to millions of people a lot faster than I would have ever imagined,” said Cathy Hackl, a tech consultant who […]