Non-fungible token assets (NFT) have been able to make billions of dollars this year. The Collins English Dictionary Word of the the Year was the title of ‘NFT’. NFT markets like Opensea, Atomicwax, and Rarible have all seen $587million in sales in the past seven days. Rarible has also seen more than $3 million in NFT sales weekly. […]
Marion Laboure, a Deutsche Bank analyst, wrote that Bitcoin must overcome extreme volatility and high transaction costs before it can become a more widespread payment option. Laboure pointed out that Bitcoin can process seven transactions per second (600,000 per day), while Visa can handle over 24,000 transactions per minute, or more than two billion transactions […]
River Financial, a San Francisco-based financial services and bitcoin technology company, will allow its customers to purchase bitcoin miners and begin mining without the need to install or maintain them. According to River’s website, the company launched a new service called River Mining. Customers can purchase Bitmain’s high-end Antminer Pro miners as well as manage their mining process […]
American retailer Pacific Sunwear of California, LLC, also known as Pacsun, now supports crypto-assets. Pacsun was founded in 1982 and has approximately 400 stores across the 50 states and Puerto Rico. The company announced that it has partnered up with Bitpay, a crypto payments company. It will accept 11 crypto assets such as bitcoin ( Bitcoin Cash), […]
According to Jack F. Cahn, technical analyst Jack F. Cahn’s proprietary model, the world’s most popular digital currency could experience volatility in the coming months. Technical Event Model (TEM), which he created in-house, measures extremes of sentiment. It is a price-based macro filter to help algorithmic trading programs forecast when market dynamics will change and […]
