Billionaire Mike Novogratz, one of the cryptocurrency advocates, is now included in the catastrophic collapse scenario. Novogratz pulled off his previous prediction that Bitcoin (BTC) will reach $500,000 in five years, blaming the Federal Reserve interest rate hike. The Galaxy Digitals CEO stated that Bitcoin will reach the $500K level,
On December 1st, the Chainlink development team announced an update to its highly anticipated staking activities. Staking on Ethereum’s mainnet, according to the oracle provider, will become live on December 6th. Furthermore, at first, the lockup period for Chainlink staking may be anywhere from 12 to 24 months. But the
Terra Classic (LUNC), the native token of the Terra blockchain protocol, is currently witnessing a significant price surge amid the gloomy crypto market. The LUNC is currently trending in the market, with a 14.17% increase in the last 24 hours, according to CMC. At the time of writing, Terra Classic
Sber, Russia’s biggest bank, now supports the MetaMask cryptocurrency wallet. In a drive toward DeFi and Web3, the bank has stated that blockchain technology has been integrated. Integration with the Ethereum ecosystem is shown through the advancement. The data also pointed to the untapped potential for its proprietary blockchain. This
Binance, the biggest cryptocurrency exchange in the world, has completed the sixth batch of the LUNC burn mechanism, burning nearly 6 billion Terra Classic (LUNC) tokens. With its most recent burn, Binance has now burned about 20 billion LUNC tokens from trading fees on LUNC spot and margin trading pairings.
According to a report published today by DappRadar, the global dapp store, the blockchain gaming sector demonstrated remarkable resilience all through the month of November, despite negative force on the wider crypto industry due to the shutdown of the once-popular FTX cryptocurrency exchange. Nearly Half of All Blockchain Activity May
After losing a battle with the SEC earlier this month, the business behind the blockchain publishing platform LBRY published a heartfelt tweet yesterday. Tweets sent by LBRY, Inc. on Monday said that the company had been “killed by legal and SEC debts.” A follow-up tweet from the firm clarified that
Tokenization of assets is “the next generation for markets,” BlackRock CEO Larry Fink has remarked. Tokenization is a term used in the blockchain industry to describe the process of creating a digital token on the blockchain that represents an asset and verifies its ownership and transaction history. With this method,
SuperOne, a pioneering blockchain gaming company building the world’s first gamified social network, has partnered with Footballco, the biggest media company in the world, to raise awareness and promote SuperOne and with FIFPRO, the global football players union, to license the game content, as well as facilitate value creation for
Adding to the recent measures taken by Portugal, another European nation plans to increase crypto trading taxes. Italy’s proposed budget for 2023 includes a measure that would impose a whopping 26% tax on crypto-related capital gains. This tax bracket, however, kicks in whenever crypto revenues are above €2,000 (approx $2,062).
