Mining execs establish organization to influence US crypto voters

Bitcoin (BTC) has room to drop below $25,000 to flush out a recent influx of speculators, research shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode flagged the ongoing influence of “short-term holders” (STHs) on BTC price action.Profitability reset point lies below $25,000BTC/USD has struggled to overcome $30,000 resistance in…

The nonfungible token (NFT) marketplace for American video game retailer GameStop has officially gone live on Ethereum (ETH) layer 2 blockchain ImmutableX, all part of the latest Web3 push from the gaming retailer. The pair first partnered in February to build the marketplace offering a $100 million grant for NFT content creators and tech developers before…

The development team behind proof-of-stake (PoS) blockchain Solana received $18 Million in funding, according to a press release shared with Cointelegraph on July 30.Solana claims to be first web-scaled blockchainPer the release, the funding round was led by Multicoin Capital, with participation from Distributed Global, Blocktower Capital, Foundation Capital and Blockchange VC, among several other…

Some of the more well known characters from Marvel include Wolverine, Spiderman, Iron Man, and Captain America. The VeVe virtual marketplace will soon have official nonfungible tokens and digital comic books from Marvel.In a Thursday announcement, Marvel Entertainment said it had partnered with Orbis Blockchain Technologies to release nonfungible tokens, or NFTs, and digital collectibles on…

A large cryptocurrency trader, known as a whale, lost more than $308 million on a leveraged Ether position, underscoring the risks of leveraged trading during volatile market conditions. The unknown crypto trader was liquidated on their 50x leveraged long position for over 160,234 Ether (ETH), worth more than $308 million at the time of writing

President Samia Suluhu Hassan’s positive stance on crypto could see Tanzania’s central bank reversing its previous cryptocurrency prohibition. 1333 Total views 7 Total shares The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president.According to Reuters, Tanzania’s central bank has begun working on…

Almost half of all people working in the blockchain industry are employed by cryptocurrency exchanges, new research from industry-focused publication The Block reveals.The Block published the research results on Oct. 23, stating that 42% of people at 158 analyzed companies work for digital currency exchanges, with around 7,700 people combined working at 30 different exchanges.Crypto…

American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31.Per the announcement, the firm is currently providing services to a small, select group of clients while it continues to build the platform’s infrastructure. The firm…

Human nature means it’s not easy to make decisions. Choosing one option often means forsaking others and can require careful analysis and thought, which takes energy. It’s why the term “decision fatigue” was coined, referring to our inability to continue making good decisions over a sustained period.  However, in crypto marketing, the inability to choose…