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Block shares closed down more than 8%, marking a 52-week low on Wednesday. The digital payment firm, formally known as Square, saw a fall in stocks as part of a recent sell-off in growth names and risky assets amid concerns of Fed rate hikes. Since changing its corporate name on December 1, 2021, to align

Shark Tank investor and Chairman of O’Shares Investment Advisers, Kevin O’Leary, believes that non-fungible tokens (NFTs) have a bigger shot of surpassing Bitcoin because they can digitally show ownership of real-world things like flash cars or designer watches. Speaking on CNBC’s Capital Connection Wednesday, O’Leary revealed his bullish sentiments about NFTs and stated: “You’re

Former Chairman of the United States Commodity Futures Trading Commission (CFTC) Christopher Giancarlo slammed handlers of the economy for taking a back seat in financial innovation related to blockchain technology and cryptocurrencies. Giancarlo’s Take Christopher Giancarlo is a renowned advocate of cryptocurrencies and blockchain technologies. Christopher’s advocacy dates back to his time as Chair of the CFTC

Just at the beginning of this new year, Airbnb’s Co-Founder and Chief Executive Officer, Brain Chesky, asked his Twitter followers what they would like the company to improve on, or better put, what they would like the company to launch in 2022. According to a later post by Brian, the tweet, which comes as a request

Just at the beginning of this new year, Airbnb’s Co-Founder and Chief Executive Officer, Brain Chesky, asked his Twitter followers what they would like the company to improve on, or better put, what they would like the company to launch in 2022. According to a later post by Brian, the tweet, which comes as a request

The European Union’s Securities and Markets Authority (ESMA) has called on concerned market stakeholders to comment on its proposed regulation bordering on the use of Distributed Ledger Technology (DLT) for use in securities trading and settlement. Dubbed the “call for evidence,” the ESMA said it seeks feedback from stakeholders on the need to amend the

Professional drone racing League (DRL) joins the Metaverse world by launching its first game. A money-making crypto sports game on the Algorand blockchain in partnership with Playground Labs, a Web 3 game developer from crypto investment fund Hivemind. These two teams said they would launch the first in-game money-making game using DRL in their virtual

As digital assets have become more widely accepted in many economies, Bitcoin is likely to overtake gold in market shares in 2022, a recent Goldman Sachs analyst Zach Pandl said in a recent research note. Goldman Sachs said that Bitcoin currently has a 20% share of the “store of value” market. The cryptocurrency’s market capitalization

Stepping into 2022, Bitcoin (BTC) falls below the psychological price of $50K, and the leading cryptocurrency has been consolidating between $46,000 and $49,000 ever since. As a result, profitability in the BTC market has slipped to a 5-month low.  On-chain metrics provider Glassnode confirmed: “The number of Bitcoin addresses in profit (7d MA) just

Ethereum (ETH) recently experienced a bullish momentum that drove the price above $3,900 for the first time in 2022. One of the contributing factors is that utility is rising thanks to low median fees.  Crypto analytic firm Santiment confirmed: “The median fee per ETH transaction has remained low, allowing utility to rise without hesitance