To make the sales go smoothly, The Sandbox has created a watchlist system that will allow community members and interested participants to secure their desired LAND. The Sandbox is partnering with Lionsgate and Skydance for the Cinerama LAND sale. Cinerama is a virtual cinema that gives users the privilege of creating their own immersive movie-inspired universe. The metaverse company is launching this new virtual world with the hope of reigniting rabid hopes for digital environments. The...
Read More »Bitcoin Price Targets $40,000 as Traders Engage in Tough Fight
Bitcoin traders have engaged in a tough battle as BTC price shoots to $37,000. The Bitcoin futures open interest has shot to a seven-month high. Earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) made a strong move to $37,000 levels and is currently hovering around those levels. After significant overnight gains, Bitcoin price is making a determined push towards the $40,000 threshold. Surging by 6.6% in November and achieving nearly a 30% gain in October, the...
Read More »Chainlink Announces v0.2 LINK Staking
By deploying the LINK staking v0.2, Chainlink shows its commitment to blockchain initiatives that drive user engagement. Chainlink has announced a new version of its LINK token staking, whose pool it claims is made up of 45 million LINK tokens. As of publication, the pool is worth approximately $650 million. According to the X announcement, Chainlink intends to roll out 40.875 million LINK tokens to its community while its node operators take up the remaining tokens in the pool....
Read More »BlackRock Anticipates SEC Green Light for Spot Bitcoin ETF by January
With strong confidence that its Bitcoin spot ETF will be approved by January 2024, BlackRock has filed an application for a spot ETH ETF. Leading global asset management company BlackRock Inc (NYSE: BLK) says the Securities and Exchange Commission (SEC) will approve its Bitcoin (BTC) spot ETFs in January 2024, Fox News reported Thursday. According to the report, citing people familiar with the matter, the $9 trillion asset manager is confident that the approval of the ETF is imminent and...
Read More »Judge Confirms Celsius Bankruptcy Exit, Creditors to Get Shares and $2B in Crypto
The approved plan allows Celsius to distribute approximately $2 billion worth of Bitcoin (BTC) and Ethereum (ETH) and some shares of the new company to users who were unable to withdraw their funds The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds returned and receive shares in the reorganized company, which will be called NewCo. The Celsius insolvency case, which began last year, has taken a significant step forward with the...
Read More »Bitcoin Cash Analysis: Key Breakout Resistance Sits At $250
Bitcoin cash is attempting a recovery wave from the $230 zone against the US Dollar. The price is now trading below the $245 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $255 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $250 and $250 to start a steady upward movement in the near term. Bitcoin cash price is rising from $230 against the US Dollar, like Bitcoin....
Read More »Ark Invest and 21Shares Partner to Launch Digital Asset ETFs
Cathie Wood has announced that Ark Invest will collaborate with 21Shares to introduce a new suite of innovative exchange-traded funds (ETFs). These ETFs are designed to provide investors with diversified exposure to digital assets, including Bitcoin and Ethereum futures contracts and investments in blockchain-related companies. Ark Invest Unveils New Suite of Digital Asset ETFs Cathie Wood’s Ark Invest, in collaboration with 21Shares, is preparing for the debut of a series of...
Read More »SC Ventures and SBI Holdings Launch $100 Million Crypto Initiative in UAE
SC Ventures, the investment division of Standard Chartered Bank, and SBI Holdings, the Japanese financial conglomerate, have joined forces to establish a $100 million cryptocurrency initiative in the United Arab Emirates. The new vehicle, dubbed Digital Asset Joint Venture, will focus on companies involved in market infrastructure, risk and compliance, decentralized finance (DeFi), and tokenization. The Digital Asset Joint Venture According to the official press release, the...
Read More »Daily Bitcoin Investors Are Up 40% In The Last 2 Years
Consistent, diligent Bitcoin (BTC) buyers who have stacked sats for two years have greatly outperformed investors in other asset classes – despite entering the crypto market at one of the worst possible times. As of Thursday, dollar cost averaging Bitcoin since November 10, 2021, has put buyers 40% in the green. Bitcoin DCA Is The Way To dollar cost average (DCA) is to consistently buy Bitcoin in equal amounts of fiat currency at regular time intervals (daily, weekly, etc)...
Read More »ETH Soars to $2K As BlackRock Signals Potential Ethereum ETF Filing
BlackRock may be preparing to launch a spot Ethereum (ETH) ETF amid roaring confidence that its spot Bitcoin (BTC) ETF application is all but certain, a new company registration suggests. The price of ETH has soared 8% on the day to $2,020. As shown by @SummersThings on Twitter, BlackRock registered a corporation named the “iShares Ethereum Trust” in Delaware on Thursday. The name rings similar to its iShares Bitcoin Trust, a spot Bitcoin ETF product currently under review by...
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