This does not mean that you should dump everything you have into bitcoin. In fact, for smaller investors, this is more likely to cause problems than anything else. Ideally, one should invest no more the 3% into the cryptocurrency. Uncertainty and volatility seem to be inseparable from the crypto-market at this point, but it is …
In Brief OpenSea creators earned roughly 76% of the firm’s revenue. In September, the overall NFT sales volume was $1.26 billion. NFTs have had a strong start to September, as sales volume across blockchains rises. OpenSea earned $144.5 million in fees from users, with most of the money going to creators, according to Token Terminal. In a tweet, …
OpenSea Recorded $144.5M in Revenue in Q3, With Creators Benefitting 76% of Funds Read More »
QUICK TAKE Eight states announced actions against crypto lender Nexo. Alex Mashinsky is no longer CEO of Celsius. Meta has introduced a hiring freeze. This has been a long week for players in U.S. crypto regulation, as the government brings more actions against companies and politicians weigh in on how to tame the crypto industry …
Three top cryptocurrency stories from the past week Read More »
Welcome to the 87th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write about. OK, only crypto? Not necessarily. We do that Monday to Friday, so we try to explore new subjects on weekends. Feel free to …
The Weekend Shift: Crypto influencers and the British Pound • Read More »
Uniswap Labs – the firm behind one of the world’s largest decentralized exchanges, Uniswap – is looking to raise a massive $100M fund in its latest funding round. This round follows Uniswap’s previous Series A funding in 2020. American online newspaper TechCrunch uncovered the development in a report Friday. According to the report, TechCrunch received intel from …
Uniswap to Raise $100 Million in New Funding Round Read More »
Tennis legend Maria Sharapova recently shared her thought about Web3 and NFTs on day two of the Binance Blockchain Week Paris 2022 conference. These comments during a fireside chat with James Rothwell, VP of Global Marketing at Binance. Sharapova, who retired from professional tennis in February 2020 at the age of 32, was asked by Rothwell …
Tennis Legend Maria Sharapova Explains Why She Is ‘Really Interested in the NFT Space’ Read More »
QUICK TAKE ACA had agreed in April with a coalition of BitFlyer Holdings shareholders to buy a majority stake, Nikkei reported. The ACA Group, which has bases in Singapore and Japan, has decided to give up on the planned acquisition of BitFlyer Holdings, which owns a crypto exchange in Japan, Nikkei reported today in its Japanese language …
ACA Group decides to give up on BitFlyer Holdings acquisition: Nikkei Read More »
XRP continues to trade choppy amid the SEC vs. Ripple battle, but XRP price forms a bullish pattern, which may signal an upward movement. In the midst of Ripple’s $1.3 billion lawsuit against the SEC, a court has ordered the SEC to disclose internal correspondence concerning the regulatory status of Ethereum. It’s a win for Ripple, …
In Brief “Mad Money” host Jim Cramer arguably made many people poor with his crypto advice. He has become a meme for his consistence in making wrong calls. Crypto investors now trade against Cramer, doing the opposite of anything he says. It’s been said that “not all investors have the same investing style.” But Jim …
How Many Times Has Mad Money’s Jim Cramer Failed to Time Crypto Markets? Read More »
United States congressman from Califonia Brad Sherman has once again slammed Bitcoin (BTC), stating that the flagship cryptocurrency has ‘no societal value,’ citing the lack of an intrinsic value and ability to facilitate crime. Speaking during an interview with CNBC on September 10, Sherman dismissed Bitcoin’s potential of becoming a future currency, stating that it only has an advantage over the …
U.S. congressman says Bitcoin has ‘no societal value’, only suitable for tax evasion Read More »