As the most recent bitcoin price rally demonstrates, assessing on-chain data like bitcoin supply profit/loss metrics can be helpful for traders. On November 10, 2021, bitcoin hit its all-time high price of $69,000, per the Bitstamp exchange rate. It is…
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Why Bitcoin Is Generational Wealth
Bitcoin truly enables people to plan for the future well beyond their own life, a luxury and necessity many throughout history did not have. The short film “Bitcoin Is Generational Wealth” by Matt Hornick and Tomer Strolight premiered on November…
WEF releases resource suite for CBDCs and stablecoins aimed at regulators and businesses leaders
The publication contains 8 separate white papers exploring topics including the impact of lawmakers regulating stablecoins and central bank digital currencies as well as informing them about the risks, benefits, and alternatives. The World Economic Forum, or WEF, has published…
Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB
Bitcoin and most major altcoins have turned down from their respective overhead resistance levels, indicating that the short-term sentiment has turned negative. Bitcoin (BTC) continues to be pinned down below $60,000 indicating that higher levels are attracting selling from traders.…
Institutional managers bought the dip as crypto funds see $154M in weekly inflows
Bullish sentiment surrounding crypto has not wavered despite the recent market correction that saw Bitcoin fall to sub-$57,000 levels. Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and…
Gaming crypto GALA rallies nearly 350% in November — Correction ahead?
The incredible price rally appeared in line with a bull run across gaming and metaverse tokens. Gala Games’ in-house currency GALA rallied by nearly 350% in November, ignoring corrections across the top cryptocurrencies, including Bitcoin (BTC). Notably, GALA price surged from…
Law Decoded: Constitutions of the future will be ratified by DAOs, Nov. 15–22
An online initiative to secure a rare copy of the U.S. Constitution shows the power of Web 3.0 collective action. A haphazardly assembled online group of passionate people who formed a decentralized autonomous organization, or DAO, and pooled a spectacular amount…
IMF Says Nigerian CBDC Drawing Global Interest, Warns of Associated Risks
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including central banks. Still, the fund warns that the CBDC carries risks for monetary policy implementation,…
Li Rongbin, Founding Partner of SevenX Ventures, Explains Where the Metaverse and NFT Market Are Heading
SevenX Ventures is a community and research-driven blockchain investment firm built alongside entrepreneurs. They invest in blockchain startups and projects shaping the future of open finance and decentralized networks. Their portfolio covers more than 100 projects, including DeFi (DODO, Zerion),…
Houston Rockets Partner With Bitcoin Company NYDIG in Sponsorship Deal
NBA basketball team the Houston Rockets has partnered with NYDIG, a leading bitcoin solutions provider, to be the team’s official bitcoin services partner. The deal will provide the team with cryptocurrency-related opportunities and give NYDIG exclusive exposure in the team’s…