Blog – Page 450

RUNE: A pullback before a resumption of rally seems imminent

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice RUNE has climbed past the $6.56 level and could retest the $6-$6.5 area in search of demand on a bullish run toward $10 in the days or weeks to come. The $5 level was broken in early March, and that move north initiated a short-term rally. However, RUNE bulls have shown the stamina to push higher and past $6.5, which...

GameStop Plans NFT Marketplace for Q2 This Year

Key Takeaways

GameStop revealed its plan to launch its NFT marketplace by the end of Q2 this year. The company noted that it had hired dozens of employees working on Web3 gaming. The company has had plans for its own NFT marketplace for nearly a year now.

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GameStop has published its Q4 and fiscal year 2021 results. In the report, the game company notified the public of its intention to launch its NFT marketplace by the end of Q2.

GME...

New report suggests RippleNet as an alternative to SWIFT for the Arab world

Ripple, the fintech firm runs its platform, RippleNet, which allows anyone to send and exchange cryptocurrencies or make cross-border transactions. This emerged as a direct competitor to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking system.

Ripple versus SWIFT

Arab Regional Fintech Group report on Central Bank Digital Currencies on 18 March released a “Practical Guide” for Arab central banks looking to understand the nuances of the burgeoning digital assets market. Surprisingly, in the report, it mentioned RippleNet as a direct...

Middle Eastern Exchange Rain to Become 100th Platform Listing Shiba Inu ($SHIB)

Middle Eastern cryptocurrency trading platform Rain has revealed it’s set to list the meme-inspired cryptocurrency Shiba Inu ($SHIB) in the near future, meaning it’s set to become the 100th platform to list the cryptocurrency. According to Watcher Guru, a Rain spokesperson has confirmed that the exchange has already...

Ethereum Breaches Resistance, Targeting Higher Highs

Key Takeaways

Ethereum is up nearly 16% in the last five days. On-chain data shows a large number of tokens moving out of exchanges. Further buying pressure could push ETH to $3,300 or higher.

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Ethereum could be ready to rise after overcoming a significant supply barrier. A spike in buying pressure could result in a major rally.

Ethereum Breaks Critical Resistance

Ethereum appears to be bound for significant price action as its on-chain activity turns bullish.The second-largest cryptocurrency by market cap has risen...

Russia-Ukraine Conflict Pushes Bitcoin Mining Difficulty Down; Pantera Capital CEO Predicts BTC Price At $400k by 2025

For the first time since July 2021, Bitcoin mining difficulty has dropped significantly. Interestingly, the drop has happened not once but twice within the space of this month alone. Meanwhile, Pantera CEO believes that Bitcoin price could reach $400k by 2025.

Bitcoin Mining Difficulty down

According to data from Glassnode, Bitcoin’s mining difficulty dropped by 0.35% on March 17. This followed the first drop of 1.5% the flagship digital asset had seen earlier this month. Bitcoin mining difficulty is an automatic adjustment...

LUCA: Creating a niche in the luxury NFT sphere

With the emergence of blockchain technology and cryptocurrency’s growing popularity in recent years, the digital assets ecosystem has transformed the dynamic understanding of trading, purchasing, and reselling art. Non Fungible Tokens (NFTs) have sprung to the frontline as a hot topic, ushering a new era in web and internet evolution. Although the majority of recent NFT trends have been centered on PFPs, people are seeking non PFP projects that are both beneficial and artistic. LUCA aims to create high-quality NFTs that...

Acardex Unveils the Demo of its Proposed Decentralized Exchange on Cardano

Acardex, one of the first decentralized exchanges based on the Cardano blockchain, has released a demo for their DEX. When the project is finished, it will solve Cardano’s concurrency problem by allowing many transactions to be executed at the same time. The Acardex Swap demo version of our...

Starter IDO Launchpad Grew to #1 in One Year, raised over $40 million in seed, private and public rounds for 50+ projects –

Starter IDO Launchpad Grew to #1 in One Year, raised over $40 million in seed, private and public rounds for 50+ projects

Celebrating its first anniversary – creating a Metaspace Community Engagement and Investor Forum for DeFi, GameFi, & NFT enthusiasts BRITISH VIRGIN ISLANDSWed Mar 09 2022 03:00:00 GMT-0500 (EST) (Blockchain Wire) Lesley Czuma VP Marketing & Communicaions Transform Group Source link

Ripple CEO Names 5 Jurisdictions That ‘Have Acknowledged XRP Is a Currency’

In a recent interview, Ripple CEO Brad Garlinghouse talked about how the U.S. Securities and Exchange Commission (SEC) views cryptoasset XRP vs how it looked at by financial regulators in other major jurisdictions. As you may remember, on 22 December 2020, the SEC announced that it had “filed an...