The expiration of $3.2 billion worth of Bitcoin options contracts on September 29th may impact market momentum. Most expiring contracts are calls, implying bullish sentiment. Key Takeaways: Bitcoin options contracts worth a massive $3.2 billion are due for expiration on September 29th. This event has the potential to influence the momentum of the cryptocurrency market….
27 October 2021: Cryptocurrency has boomed since the pandemic struck the world as people are on the lookout for a source of passive income and a wise place to invest. as 80% of the world moved to the virtual world, the use of blockchain also increased as one of the safest security systems in the…
Prominent cryptocurrency expert Arthur Hayes predicts Bitcoin could reach $750,000 to $1 million by 2026, citing factors like a financial crisis, ETFs, and China’s nuanced stance. Key Takeaways Prominent cryptocurrency expert and former BitMEX CEO, Arthur Hayes, propels a bullish projection, forecasting Bitcoin’s price to catapult between $750,000 and $1 million by 2026, an outlook…
Cryptocurrency regulation debate intensifies as SEC scrutiny on XRP and Ethereum raises concerns and triggers predictions of downfall. Key Points In the world of cryptocurrency, the U.S. Securities and Exchange Commission (SEC) has come under increasing scrutiny. This has ignited a high-profile debate surrounding the future of XRP and Ethereum (ETH). One of the key…
Sotheby’s, a renowned auction house, has announced plans to auction off a rare and valuable collection of blue chip NFTs called GRAILS Collection from 3AC. The auction, slated to commence in May, will showcase an array of NFTs, including Larva Labs Zombie Punk and Dmitri Cherniak’s Golden Goose. Rare NFTs Take Center Stage at Sotheby’s…
Decentralized autonomous organizations (DAOs) are individuals that collectively organize in social applications and blockchains to pursue common goals and interests. As the direction of the Metaverse keeps maturing, DAOs are rallying around the prospect of utilizing and investing in the Metaverse. Seeing that Goldman Sachs placed an $8 trillion valuation on the sector, eyes and…
Coca-Cola partners with SolSea for an exclusive NFT collaboration at the EXIT Festival in Serbia, offering attendees the opportunity to acquire limited edition Coca-Cola merchandise and NFTs. Key Points Coca-Cola has exciting news for all music and NFT enthusiasts! The renowned company has joined forces with SolSea, a leading NFT platform, for a special collaboration…
Japan’s tax authority has updated its regulations on corporate taxes, offering a tax exemption for businesses involved in cryptocurrency transactions. Key Points In a recent development, the tax administration in Japan has brought about a revision within corporate tax rules, providing an exemption to companies who deal with cryptocurrencies. With this update, companies issuing cryptocurrencies…
Ripple lawsuit raises XRP’s profile, driving awareness, adoption, and investor interest. Key Points Renowned lawyer and founder of Crypto Law US, John Deaton, has expressed an interesting perspective on the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC). Deaton believes that the lawsuit has ironically led to increased awareness and adoption…
The brand new launch is an enormous step in an bold blockchain undertaking that goals to be a constructing block for Web3.zero SANTA CLARA, CA / ACCESSWIRE / August 27, 2021 / Deeper Network will likely be launching its mainnet on August 28th at 6 p.m. UTC. Deeper community is the decentralized infrastructure that may lay the…
