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Interest in These Altcoins Primed To Explode As Investors Move Beyond Bitcoin, According to Bitwise CIO Matt Hougan

The chief investment officer of Bitwise Asset Management is naming the altcoins that are set to explode as investors venture outside of Bitcoin (BTC). In a new interview with Bloomberg Technology’s Emily Chang, Matt Hougan says he is bullish on Ethereum (ETH), Solana (SOL) and Polygon (MATIC). “I think we’re going to see this sort

FLUX, SFP and Badger DAO surge even as Bitcoin price falls to $47K

The year-long mantra that the crypto market would see a blow-off top in December has proven to be a dud thus far and for the last week, most cryptocurrencies have been under sell pressure and Bitcoin (BTC) is encountering difficulty in trading above $47,000.  That said, it’s not all bad news for cryptocurrency holders on Friday

Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener

On Friday, Assembly, a decentralized layer one smart contract network built within the IOTA ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital assembly, and Huobi Ventures. The project stated that the funds will be used to accelerate the development of decentralized finance protocols, nonfungible tokens, and play-to-earn crypto

Why the world’s largest museum is embracing NFT technology

Eventually, all museums will build their digital copy in the metaverse, according to Dmitry Ozerkov, the head of the contemporary art department at the State Hermitage Museum.  Ozerkov is currently developing the “Celestial Hermitage”, a digital version of the iconic Russian museum, which will be exhibiting nonfungible (NFT) art.  “We are all moving into the

Virtue Gaming launches play-to-earn crypto model to bring online poker to US players

On Friday, Virtue Gaming, a decentralized online poker platform built on the Ethereum (ETH) blockchain, launched the first play-to-earn digital poker casino in the United States. In the U.S., only six states (Nevada, Delaware, New Jersey, Pennsylvania, West Virginia, and Michigan) have legalized and currently regulate online poker. The country has been slow to act

Right or wrong? – Cointelegraph Magazine

“Can someone explain to me why NFT ‘clones’ are selling for so much?” asked Redditor LittleDoofus a couple of months ago. NFT clones cash in on successful NFT collections by releasing similar or even identical copies of the art under similar sounding brands. LittleDoofus wanted to know how we have suddenly ascribed so much value

Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years

Bitcoin (BTC) surged over $1,000 in seconds on Dec. 10 as the United States Consumer Price Index (CPI) data showed inflation in November was worse than anticipated.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView November CPI conforms to expectations Data from Cointelegraph Markets Pro and TradingView showed BTC/USD running to $50,132 on Bitstamp as the data

Bitcoin Whales: Why They Matter and Who They Are

In the cryptocurrency community, individuals or organizations that hold large amounts of Bitcoin and have the power to manipulate the value of Bitcoin are known as Bitcoin whales. The metaphor of whales is used because when these major players move on the market, they disturb the waters in which smaller fish swim.    Source: Glassnode

Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12

Palm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12. The funds obtained this time will support the continuous development and expansion of Palm NFT Studio’s technology platform; and launch more NFT projects with leading creators in