The OpenSea Pro through Gem v2 will help digital art collectors discover the best deals in over 170 marketplaces. The Non-Fungible Tokens (NFTs) industry has grown to a $2.1 billion valued crypto sector with OpenSea playing a crucial role in global adoption. Founded in 2017, OpenSea has facilitated over $20 billion in NFT volume from over 2 million collections. Moreover, the NFT marketplace is backed by top industry investors including Andreessen Horowitz, Coinbase ventures, Trust Wallet,...
Read More »Tron (TRX) Price Analysis: Bulls Aim Important Bullish Break
Tron price started a fresh increase from the $0.058 level against the US Dollar. TRX price is now trading above $0.0632 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0665 resistance zone. TRON price started a fresh increase above $0.0632 against the US Dollar, similar to Bitcoin. TRX’s price could rise...
Read More »Bitcoin Price Analysis: BTC Eyes Upside Break Above $30K
Bitcoin price is trading in a positive zone from the $27,200 support against the US Dollar. The price is now trading above $27,500 and the 55 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $28,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $28,850 resistance zone. Bitcoin price is rising from $27,200 against the US Dollar. BTC might...
Read More »OPEC+ Production Cuts to Impact Central Banks Fight against Inflation
Reducing oil production means there will be a relative shortage in the supply of the product. The recent actions by some members of the Organization of Petroleum Exporting Countries (OPEC) and its allies tagged OPEC+ to cut oil production beginning in May can significantly stir a setback for most country’s Central Banks. With Saudi Arabia and its key allies including the United Arab Emirates and Kuwait set to cut production by more than 1 million barrels per day, Russia’s projected 500,000...
Read More »Crypto Conference ETH Denver Occurred in Early March
The second largest blockchain and digital currency conference – known as ETH Denver – occurred in early March of this year in the Centennial State, aka Colorado, at the National Western. ETH Denver Was a Major Hit Among the entrepreneurial speakers present at the event were “Vinny Crypto” and “Matt” with On Chain Records. In an interview, Vinny explained what he and his team sought to accomplish with their work. He said: We make physical records, and you have your NFC...
Read More »Mark Yusko Is Not a Dogecoin Fan
Mark Yusko – the CIO of Morgan Creek Capital Management LLC – recently stated in an interview that he doesn’t understand Dogecoin, nor does he think it has any real utility or use case. In other words, it’s a completely valueless currency. Mark Yusko Doesn’t Think Much of Dogecoin Yusko has long been an outspoken critic of Dogecoin and several other forms of digital currency. Dogecoin is a meme-based currency that was created in 2013 by computer programmer Jackson...
Read More »Ethereum (ETH) Rallies to 8-Month High Just 8 Days to Long-Awaited Shanghai Upgrade
Cash flow from Bitcoin to the Ethereum market has significantly contributed to today’s price bump according to Lewis Harland, Decentral Park Capital’s portfolio manager. After consolidating for the past two weeks, the Ethereum (ETH) market has begun gaining traction over Bitcoin (BTC) during the early New York trading session on Tuesday. According to the latest crypto market data, Ethereum’s price rallied to a 24-hour high of around $1,886, up over 3 percent during the day. With over $30...
Read More »Euler Finance Hacker Turns In $31M as Recovery Efforts Come to Close
The decentralized lending platform was exploited in a March 13 flash loan attack, causing it to lose $197 million worth of crypto assets. In the late hours of Monday, the Euler Finance hacker finally returned the outstanding sum of $31 million, bringing the recovery efforts to a conclusive end. The decentralized lending platform was exploited in a March 13 flash loan attack, causing it to lose $197 million worth of crypto assets. And shortly after the hack, Euler Finance offered the...
Read More »Virgin Orbit Files for Chapter 11 Bankruptcy in US
When Virgin Orbit went public, its valuation was pegged at around $4 billion, however, the tides have shifted over the past few months with the company’s market capitalization now pegged at around $65.38 million. Satellite launcher and space technology company Virgin Orbit Holdings Inc (NASDAQ: VORB) has filed for Chapter 11 bankruptcy in the United States bringing a solemn end to its months of financial instability. As reported by CNBC, the bankruptcy was filed in the US Bankruptcy...
Read More »Connecticut Is Worried About How Much Crypto Fraud It’s Played Host To
The state of Connecticut is freaking out over how much crypto fraud has occurred through its growing network of bitcoin and digital currency ATMs. Thus far, millions of dollars have been stolen from multiple residents, many of whom are over the age of 60. Connecticut Is Concerned About Crypto Fraud The crypto space is largely unregulated, meaning whatever money gets stolen from one’s account will likely be gone forever unless law enforcement agents can jump on the matter...
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