Analysts come unglued ahead of Nvidia earnings call — $10T within 5 years

Cryptocurrencies’ total market capitalization bounced from $860 billion on June 30 to the current $1.03 trillion, a 20.6% relief in five weeks. Ether (ETH) might have been the absolute leader among the largest smart contract chains, but BNB managed to gain 39% over that period.BNB (blue) vs. Ether (orange), AVAX (cyan), SOL (yellow). Source: TradingViewBNB token’s…

You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC) exchange-traded fund (ETF) and the percentage of active crypto holders in the country has increased steadily over the past two years. Against this backdrop,…

KFC wants to promote its branding to Koreans through nonfungible tokens. 208 Total views 1 Total shares Entertainment and nonfungible token marketplace TriumphX has signed a memorandum of understanding (MOU) with fast-food giant KFC in South Korea.The agreement will focus on joint blockchain research with the aim of integrating NFT technologies and enhancing the branding…

The U.K. central bank governor believes existing cryptocurrencies will fail over the longer term due to their robust privacy features. 1294 Total views 8 Total shares Bank of England Governor Andrew Bailey thinks it is unlikely that the current generation of crypto assets lack the design and structure needed to ensure long term regulatory survival.Speaking…

Bored Apes take on the restaurant and movie businessBored Ape Yacht Club, or BAYC, NFT holders own the intellectual property rights to their specific ape and can use the likeness of their ape(s) for commercial purposes. One such BAYC member, Andy Nguyen, decided to open a Bored Ape themed restaurant aptly named Bored & Hungry in…

This week, the Australian authorities launched a major campaign to prompt as many as 350,000 crypto investors to comply with their tax obligations.In an interview with Cointelegraph on March 12, a spokesperson for the Australia Tax Office (ATO) said the campaign was designed to help raise awareness and give taxpayers “the opportunity to fix any…

Bitcoin Ordinals causes fees to spikeThe Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and in the process is hiking the transaction fees on the network.The divisive newly launched protocol allows for nonfungible token (NFT)-esque assets on the Bitcoin mainnet by inscribing satoshis with content.So far, inscriptions have included content such…

Universal Basic Income is a hypothesized way to stimulate the world economy by providing citizens with a monthly stipend to cover their basic needs. The concept, which gained traction in 2019 thanks in part to the campaign platform of former Presidential candidate, Andrew Yang, has now made its way to the crypto sphere.Multi-asset trading platform…