Crypto news

[PRESS RELEASE – ZUG, Switzerland, August 1, 2022] The ever-growing DecentWorld community can now have a stroll through the 3D render of the most modern version of Dubai. Swiss-owned metaverse and blockchain-based platform has just launched its much-anticipated first 3D city environment – Downtown Dubai – built on the latest Unreal Engine technology. In total, it took more than 50 Buildings and other objects for the team of industry professionals, engineers and artists, to...

Anthony Scaramucci – founder and managing partner of Skybridge Capital – believes BlackRock’s Bitcoin trust, among other developments, will contribute to a demand shock for Bitcoin that will send its price soaring.  He added that the “future” is arriving sooner than he thought, and predicted that Bitcoin will reach $300,000 per coin within a few years.  Stay Long Term, Says Scaramucci In an interview with CNBC on Friday, Scaramucci began by saying he’s seen a resurgence of...

The tech investment world has grown rapidly in the last 20 years since the dot com boom. Investors have gone from investing into micro chip manufacturing companies to internet marketplaces such as Amazon and eBay. And even though investors understand the rapid changes & growth of the tech world, they have been having a hard time investing into the Web 3.0 (Crypto, Blockchain, etc.) & Metaverse world. However, this all changed when Mark Zuckerberg announced that...

Bit Give, the first bitcoin non-profit, is moving all its assets to a company known as Heifer International, a global development enterprise that seeks to end world hunger through sustainable means. Bit Give Transfers Its Assets to Heifer International Part of the partnership enables Heifer to take over what’s known as Give Track, the donation platform of Bit Give. It will also have ownership of the firm’s logo and brand assets and Give Track will be further developed...

Digital asset platform, Bakkt Holdings, which is majority-owned by Intercontinental Exchange (ICE), generated quarterly net revenue of $13.6 million, an increase of 60% year over year (YoY). Despite the bearishness in the market, Bakkt managed to trim its net loss to $27.6 million in the second quarter of the year, as per its latest financial report. This is an almost 13% upswing compared to the $31.9 million loss that it had registered during the same period last year. Due...

Paul Krake is an ex-macro hedge fund manager that doesn’t think much of crypto. In fact, he’s downright skeptical of the space. Paul Krake Doesn’t Think Much of Crypto In a recent interview, Krake said he’s convinced many digital currencies are going to vanish into thin air in the coming years. He thinks a lot of them are fraudulent and will not stand the test of time. He stated: There are 19,000 [crypto] coins in the world. 18,980 of them are going under… Crypto is BS,...

Bitcoin continues its struggle to push and hold above $24K, as it has been rejected from this significant level for the third time. The price rebounded from the $20K support level last month and has been making higher highs and lows on the daily chart. This resulted in the creation of a bullish structure. Can the cryptocurrency finally break through its goal of the $24K resistance level? Technical Analysis By: Edris The Daily Chart As of this writing, Bitcoin has yet to break...

The past week was particularly eventful, and that’s reflected in the overall performance. The total cryptocurrency market capitalization is up almost $100 million as most of the coins are well in the green. Let’s unpack. Starting with Bitcoin, it’s up 5.2% over the week and is currently trading around $24,000. This time last week, the cryptocurrency was hovering around the $23K area, where it remained until Monday, when the price took off and reached $24K. The euphoria was...

Voyager Digital investors and Dallas Mavericks fans are lashing out at the NBA team’s owner Mark Cuban for his role in promoting the insolvent lending platform’s unregulated crypto products. The billionaire entrepreneur is now facing a civil lawsuit. According to the court document, the plaintiffs alleged that Cuban and Voyager Digital CEO Stephen Ehrlich targeted young and inexperienced fans to put their savings into Voyager Digital by promoting it on numerous occasions. The...

App Swarm, Corp. – a company that focuses on mobile development, crypto assets, non-fungible tokens (NFTs), and cybersecurity solutions – is boosting the amount of crypto equipment it’s employing to focus more on mining Ethereum, the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin. App Swarm Says It’s Mining a Lot of ETH It’s a unique situation given that so many hobby miners and small mining companies appear to be suffering...