Category: Blockchain

Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited

Bitcoin has been dragging between $47K and $50K levels recently. Crypto experts believe the bull market might be triggered until the primary token return to the $53K level. Slightly over a week ago, Bitcoin (BTC) plummeted to lows of $42,000 following massive liquidations of approximately $2.2 billion in a span of twelve hours. This move stunned

Bitcoin’s Hashrate Recovers and Hits New ATH at 182.01 EH/s

The hashrate of Bitcoin mining reportedly has recovered and even hit an all-time-high, after massive crypto miners experienced an exodus out of China due to the suppression from the Chinese government. In May, Bitcoin (BTC)  miners were pushed to the wall as authorities made it clear that crypto mining was unwelcome in Chinese soil. BTC

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

Pepsi Launches Genesis NFT Collection to Celebrate Anniversary

The NFT space just got a new additional member, as beverage giant Pepsi announced would launch nearly 2,000 NFTs to celebrate the anniversary of the brand initiated by introducing “Pepsi Mic Drop” which happens to be the Genesis NFT collection of Pepsi. In a tweet thread, Pepsi announced that it would be launching 1,893 NFTs to commemorate

UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs

To celebrate efforts of saving children’s lives and defending their rights for seventy-five years, the United Nations Children’s Fund (UNICEF) intends to sell 1,000 data-driven non-fungible tokens (NFTs). The NFT collection dubbed Patchwork Kingdoms includes artwork representing a subset of more than 280,000 schools across twenty-one nations.  Part of the NFTs will be digitally watermarked to

Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox

As residents in Hong Kong struggle to purchase physical property due to high housing prices, The Sandbox’s virtual assets could be a lucrative investment opportunity for many. The Hong Kong-based billionaire and property tycoon Adrian Cheng Chi-kong, son of Henry Cheng Kar-shun, has announced his addition of virtual real estate to his portfolio of investments via The

Investors are Switching From Stocks to Crypto, Here is Data to Prove It

Cryptocurrencies emerged with the launch of Bitcoin (BTC) a little over a decade ago, but they are fast becoming the better investment alternative even for hardcore traditional market investors. A recent data released by Civic Science puts a number to this trend as the percentage of the new generation population who has invested in cryptocurrency