Thursday, May 19, 2022
Dogecoin rose 33% after Tesla CEO Elon Musk said the electric carmaker would accept dogecoins as payment for its merchandise.“Tesla will make some merch buyable with Doge & see how it goes,” Musk tweeted.Dogecoin prices rose to as...
Bitcoin futures listed on the Chicago Mercantile Exchange (CME) have slipped into ‘backwardation,’ a market condition that represents declining institutional appetite for the cryptocurrency.Data tracked by Skew shows backwardation represented by futures drawing lower prices than the spot...
“With up to $15 trillion of wealth expected to flow into digital assets over the next 10 years, we are witnessing the birth of a new global asset class and economic system,” Aries Chairman Thane Ritchie said in...
LARPing is s an extension of ad hoc communication networks and the next iteration of the crypto economy. A LARP is like an ad hoc network that is here one moment for a gathering, a community and a...
The shares of Iris Energy (IREN), a Sydney-based company that mines bitcoin primarily with renewable energy, has the potential to rise more than 100% in the next 12 months, JPMorgan analysts led by Reginald Smith wrote.Iris Energy is...
Gala Games, a blockchain-gaming platform, and crypto investment firm C2 Ventures have formed a $100 million fund to invest in play-to-earn games, metaverse environments and other projects built using blockchain technology.Gala Games said the fund will invest in...
DACS was created in response to the significant growth in terms of the number and types of digital assets offered in the market and the realization that traditional classification standards used for equities and other asset classes could...
Fractal says it’s starting with Solana NFTs because the blockchain’s low costs and high transaction speeds are attractive to game companies looking to sell a high volume of assets, according to a blog post. The company plans to...
Code discovered in a beta version of Robinhood’s iPhone app reveals the popular no-fee trading platform is considering adding a feature that allows users to send cryptocurrency to each other via digital gift cards, according to a Bloomberg...
Ethereum’s economics are an interesting contrast to bitcoin’s monetary minimalism. It is important to state, especially in today’s needlessly adversarial environment, that Ethereum is not primarily concerned with economics. Rather, Ethereum is first and foremost a distributed world...