Digital Currency Group revenue jumps 51% in 1Q24 despite GBTC outflows
Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the rebound in crypto markets.
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Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst
As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg. 725 Total views 5 Total shares Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half…
Football star Tom Brady to launch his own NFT platform
Autograph will target some of the world's biggest names in sports, entertainment, fashion and pop culture. 1283 Total views 12 Total shares Six-time Super Bowl champion Tom Brady is backing a new major development in the nonfungible token industry by launching his own NFT platform.The new NFT platform, dubbed Autograph, will target some of the…
‘CryptoGPT’ Twitter accounts spring up as hashtag trends on Twitter
Dozens of Twitter accounts have emerged on the social media platform claiming to be related to "CryptoGPT." 453 Total views 17 Total shares Own this piece of history Collect this article as an NFTA Twitter hashtag relating to a purported artificial intelligence (AI) crypto token called “CryptoGPT” has been trending on Twitter. Alongside it, a…
AI trends at all-time high on Google but Bitcoin still did it better
Global search interest for the term “AI” has reached a new all-time high on Google, though it’s yet to hold a candle to Bitcoin (BTC) peak mania in 2017, data has revealed.Artificial intelligence has dominated headlines over the past few months, with some suggesting that it’s the latest “tech fad” after crypto and the Metaverse.…
Blockchain Used by Budweiser Owner InBev to Help African Farmers
AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed in partnership with BanQu tracks all the local suppliers of AB InBev, replacing the paper trail.AB InBev is a multinational conglomerate born out of the merger…
US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin
Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes. E-cigarettes: Washington “clears market”The sudden restrictions, which both the White House and the Food and Drug Administration confirmed on Sept. 12, mean e-cigarettes will disappear from the U.S. market within a month. Manufacturers may be able…
Binance survey finds that ‘hodlers’ still dominate crypto
Only 11% of crypto holders are using their coins to pay for goods and services, according to a report by Binance Research. The majority of cryptocurrency users reportedly prefer to hold their crypto as part of a long-term investment strategy, according to a new survey by Binance Research.Released on Jan. 28, the survey report shows…
Bitcoin price slides below $40K following a ‘lackluster’ breakout
BTC price tumbled back under $40,000 as on-chain metrics indicate dwindling demand from new investors and long-term holders largely dominate the market. 790 Total views 39 Total shares Extreme fear is once again the dominating sentiment across the cryptocurrency community after Bitcoin (BTC) faced another day of trading below the $40,000 level and the United…