The play-to-earn model is a new mainstream on the marketplace of blockchain games. Crypto enthusiasts are given ownership over in-game assets. Those who are active enough might make these assets more valuable in terms of the in-game economy. This model is beneficial for both sides of this business – players […]

When Binance.US CEO Brian Brooks suddenly quit the company back in June, it didn’t take much to read between the lines. The resignation was announced via Twitter: Brooks tweeted on August 6 that he was resigning as the CEO of Binance.US, adding that “despite differences over strategic direction, I wish […]

The price of Litecoin (LTC) has been struggling to break above the $189 resistance level for some time now. The price tussle has been going on. Buyers are eager to break the resistance. As a result, the price action is forming small candlesticks called Doji and Spinning tops. These candlesticks […]

Canada-based Bitcoin (BTC) infrastructure firm Blockstream, co-founded by cryptographer and cypherpunk Adam Back, has hit unicorn status with its latest valuation at $3.2 billion. The company, which focuses on various Bitcoin-related areas — including operating as a mining service provider and developing renewables-based infrastructure intended to “green” the veteran cryptocurrency — […]

After the El Salvadoran Parliament agreed to adopt Bitcoin as the country's second national currency alongside the US dollar, the new currency will be officially launched on September 7. The country has done most of the groundwork for the Bitcoin launch. The wait is almost over In June, El Salvador […]

Rare and collectible NFTs are taking the world by storm, raising more money than ever before. This can be witnessed by the recent listing of the Messi Private Collection on one of the leading NFT platforms, Ethernity Chain, which specializes in authenticated NFT art and private collections. Ethernity Chain have […]

A Chinese court stated that there is no law regarding cryptocurrency, an indication that investors would carry out crypto investment at their peril. No Protection for Chinese Crypto Investors  According to the South China Morning Post on Monday (August 23, 2021), an intermediate court in the city of Jinan revealed […]

Coinbase president and COO, Emilie Choi, has announced that the reserves backing the stablecoin USD Coin (USDC) will be consolidated into cash and U.S. government treasuries. An Aug. 22 blog post from CENTRE Consortium, the entity that was collaboratively established by top U.S. crypto exchange Coinbase and blockchain financial services […]

Bitcoin price failed to stay above $50,000 and corrected lower against the US Dollar. BTC could correct lower towards the $48,250 support in the near term. Bitcoin tested the $50,500 resistance level before correcting lower. The price is now trading near $49,000 and the 100 hourly simple moving average. There […]

Crypto derivatives exchange, FTX, has purchased the naming rights to California University’s Cal Memorial Stadium with a view to introducing its own branding. The Sam Bankman-Fried owned derivatives exchange is delving deeper into sports after signing a 10-year, $17.5 million naming rights deal with the university.  The stadium’s home team, […]