In recent years, the non-fungible token (NFT) space has expanded into a billion-dollar industry, with Ethereum traditionally leading the way as the dominant ecosystem. Cardano, on the other hand, faced criticism from numerous quarters, being labeled a “ghost chain” due to its absence of a DeFi and NFT economy. However, the NFT landscape is undergoing a shift. According to the weekly chart shared by Stocktwits NFTs, the Cardano NFT floor price index sits 22% above that of...
Read More »Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses
[unable to retrieve full-text content]CoinspeakerGoldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor. Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses
Read More »Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address
[unable to retrieve full-text content]CoinspeakerEthereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address While there is still no word from Vitalik Buterin, the Ethereum co-founder's ETH move connects with a poor market and possible ETH ETF. Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address
Read More »NFT Platform RECUR to Shut Down After Raising $50M Two Years Ago
RECUR, a non-fungible token (NFT) company that raised $50 million in an investment round nearly two years ago, has become the latest victim of the current bear market. Over the weekend, the NFT platform announced that it plans to gradually shut down its operations starting this month, with a full business closure slated for November. RECUR Calls It Quit At the time of the announcement, RECUR said it had halted primary and secondary sales on August 18. However, the firm will...
Read More »Gaming Company Sega Wants Nothing to Do with Blockchain
There are many gaming companies out there that have joined hands with blockchain technology as a means of enhancing experiences for many players, but Sega is not (and likely will not be) one of them. Sega Doesn’t Think Much of Blockchain Sega, as we all know, is a major competitor to Nintendo and has produced some of the world’s most recognized titles such as the “Sonic the Hedgehog” series, “Golden Axe,” and many others. In several ways, Sega has been ahead of...
Read More »Bitcoin Ordinals is Far From Dead Despite ‘Shift in Winds:’ Here’s Why
Bitcoin Ordinals stirred up a frenzy in the community soon after its launch in January 2023. More than eight months later, ordinal inscriptions have maintained their prominence in the Bitcoin network’s activities over the past week. Despite a sharp drop in sales volume, Bitcoin Ordinals remains very much active. Ordinals Account for 85% of Activity on Bitcoin Much like NFTs, ordinal inscriptions are digital assets engraved on satoshis, which are the smallest units of Bitcoin....
Read More »What’s Next for SHIB Following 22% Weekly Disaster? 3 Things to Watch This Week (Shiba Inu Price Analysis)
SHIB bounced, but failed to move above the key resistance. Key Support levels: $0.0000080, $0.0000070 Key Resistance levels: $0.0000085, $0.000010 1. Rejection at Key Resistance The price found support at $0.0000080 and tried to move higher but was quickly rejected once reaching the resistance at $0.0000085. Since then, the cryptocurrency fell back on the key support, which is now put under pressure again. Chart by TradingView2. Sellers Dominate In the past nine days,...
Read More »Jio Financial Services (JFS) Drops 5% in Share Price Following Market Debut
[unable to retrieve full-text content]CoinspeakerJio Financial Services (JFS) Drops 5% in Share Price Following Market Debut Despite recording a reduced valuation, JFS remains the third-largest non-banking financial company in India. Jio Financial Services (JFS) Drops 5% in Share Price Following Market Debut
Read More »Didi Taihuttu Creates “Moon” Algorithm to Help Read BTC Trends
The Bitcoin Family – run by patriarch Didi Taihuttu, who has been discussed several times on Live Bitcoin News – has made a real name for itself in the crypto community. Six years ago, they sold everything they had and traded everything in for bitcoin so they could enjoy a life of travel and exploring exotic places. Didi Taihuttu Has Created a New Way to Predict BTC’s Price Not long ago, the family settled in Lagos, Portugal, which is considered one of the most...
Read More »Meta Platforms to Unveil Web Version of Its Threads App Soon
[unable to retrieve full-text content]CoinspeakerMeta Platforms to Unveil Web Version of Its Threads App Soon The web version of Threads is scheduled for an early next week launch, citing sources familiar with the matter. Meta Platforms to Unveil Web Version of Its Threads App Soon
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