The demand for NFT digital collectibles is not limited to sports and gaming. The market includes crypto artwork and other kinds of in-game items.In a March 14 tweet, Sorare announced that a one-of-a-kind Christiano Ronaldo NFT trading card had sold for $289,920 over the weekend.WOW! ? Congratulations to FC Camembert who has just smashed our #Sorare Market record.The Unique 2020-21 Cristiano Ronaldo card was bought for $289920 on the Transfer Market. #OwnYourGame ⚽️Season: 2020-2021Serial:...
Read More »Nvidia Unlocks New Performance Level for Ethereum Mining
In light of the recent performance of the Nvidia cards, Ethereum miners are most likely going to be drawn into purchasing the cards.When Nvidia launched a new system to help it drastically reduce the hash rate of mining the second largest crypto asset by market cap, Ethereum, on its new RTX 3060 graphics card last month, little did it know that malicious actors were waiting in the wings to pounce on it. Reports have emerged that crypto miners have been able to outmaneuver the system and they...
Read More »A New Low: Less Than 24% of ETH Is Held on Centralized Exchanges
As ETH’s price settles around $1,800 following the latest slumps, Ethereum investors continue to withdraw their holdings from centralized exchanges. Consequently, this has led to a new low of ETH tokens held on such trading venues, according to on-chain data.ETH Held on Exchanges Mark a New LowData provided by the analytics company CryptoQuant informed that the number of Ethereum tokens held on centralized exchanges has been gradually decreasing since the last quarter of 2020. At the time,...
Read More »Ethereum Price Analysis: ETH Correction Reaches Crucial Juncture
Ethereum price traded as high as $1,947 before starting a downside correction against the US Dollar. ETH price is currently trading near the $1,700 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,720 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear break below $1,720 and $1,700. Ethereum price is correcting gains from well above $1,900 against the US...
Read More »5 Oldschool Altcoins to Watch in 2021
The crypto market still has the potential to climb higher, have a look at the coins that can be your profitable partners for the next weeks and months.In search of promising investment opportunities, it would be absolute madness to ignore cryptocurrencies. In a single year – 2020, the market capitalization rose from $200 million to $1 trillion and today it reaches $1.2 trillion. While everyone knows about Bitcoin and Ethereum, most coins stay in the shadows. But there are some...
Read More »Rob Gronkowski Sees His NFT Sold for $1.6 Million
NFTs are undeniably beginning to gain a foothold in the world of collectibles as they are being used to represent artworks, albums, sports highlights and so on.The craze for non-fungible tokens (NFT) is not going to be stopping anytime soon as leading American football player for the Tampa Bay Buccaneers, Rob Gronkowski, has also entered into the fray. Over the weekend, NFT trading cards minted by the four-time Super Bowl champion Gronkowski were sold for a cumulative fee of 830 units of...
Read More »PayBX: Spending Crypto with your Existing Card
[Featured content]Cryptocurrencies are becoming more and more popular by the day. Undoubtedly, the main reason for this is the fact that the market has exploded in value throughout the past few months.Bitcoin surged to an all-time high just below $60,000 while Ethereum topped $2,000 for the first time in history.Other cryptocurrencies have also performed remarkably well, driving the total market capitalization above $1.7 trillion at the time of this writing – a considerable number for sure....
Read More »Top 5 Cryptocurrencies Besides Bitcoin to Look for in the Coming Week
The cryptocurrency market is booming over the past few days, with Bitcoin marking a brand new all-time high and capturing the coveted $60,000 mark – another huge milestone.But, as we know from history, the market likes to move in cycles, so it might be the case that soon we see altcoins starting to catch up. With this said, we’ve prepared a list of a few cryptocurrencies besides BTC that might be interesting to look at over the following week.EthereumEthereum did pretty well over the past...
Read More »Luxury Hotel Brand Kessler Collection Allows Guests to Pay with Crypto
Luxury hotel group Kessler Collection has announced that it is allowing all its customers to pay for their hotel rooms with various cryptocurrencies such as bitcoin, bitcoin cash, Ethereum and Dogecoin. Kessler Collection Paves the Way for Crypto Payments Since the day that the first bitcoin was mined in early 2009, it was deemed that cryptocurrencies would one day replace fiat. That they would ultimately rise to the occasion as payment methods and outdo regular money...
Read More »Bitcoin Starting Weekend $1000 Away From ATH: Chiliz Now Top 20 After 650% In 7 Days (Market Watch)
Another highly volatile trading day for bitcoin as the asset briefly dipped to $55,000 and a few hours later came about 2% away from the ATH at $58,400. Most larger-cap altcoins also went through the turbulence but have calmed on a 24-hour scale, with Ethereum failing to reconquer $1,800.Update: shortly after we released this market recap, Bitcoin broke its ATH from February 21, surpassing $58,500.Bitcoin’s 24H Ups and DownsAs reported yesterday, bitcoin was on a roll as it came just 0.43%...
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