Tag Archives: social

The tremendous growth of Axie Infinity and its native token – AXS – in the past year has paid off massively for winners of the AXS Binance launchpad lottery tickets who held their token. $200 Turned More Than $250,000 According to current market prices, the 2,000 Axie Infinity tokens allocated to each AXS Binance Launchpad lottery ticket that cost investors $200 at the time are now worth more than $250,000, representing over 124,900% growth in the space of roughly one year....

After touching $56,000 for the first time in five months, bitcoin retraced slightly and currently stands around $55,000. Most altcoins continue with indecisive moves in either direction, except for Shiba Inu, which has gone on the offensive once more with a 35% daily surge. Bitcoin Stalls at $55K The past week or so showed once more how quickly the landscape could change in the cryptocurrency markets. Bitcoin entered October at around $45,000 after recovering $4,000 in days...

Digital asset marketplace Bakkt has partnered with Google to expand the usability of cryptocurrency. Thus, users will soon be able to add their Bakkt Visa Debit Card directly into Google Pay. Google Pay Meets The Bakkt Card As outlined in a press release from BusinessWire, users can soon spend Bakkt Card crypto funds directly from Google Pay. This comes after Bakkt released its Visa Debit Card earlier this year, and now customers will be able to make transactions via digital...

Just four months after the application, Volt Equity’s Volt Bitcoin Revolution ETF has received the green light from the US Securities and Exchange Commission. It will provide investors the option to invest in companies with direct exposure to BTC, such as MicroStrategy. Back in early June this year, the California-based firm Volt Equity filed with the Commission documents to launch a different type of exchange-traded fund with indirect exposure to BTC. The filing described...

It’s been a green week all across crypto land as positive sentiment and big gains returned to the market. Leading the scene is Bitcoin, with an impressive surge of around 25%, once again tapping the mid-May highs. Just earlier today, Bitcoin reached a price of $56,000 – something that we haven’t seen since the middle of May this year, shortly after the all-time high and right before the massive 50% crash. Analysts believe that this move marks the completion of a bear trap and...

Michael Novogratz – the CEO of Galaxy Digital and a prominent bitcoin bull – thinks that prices people pay for NFT products are not normal “in any way, shape, or form.” As such, they should consider “taking some money off the table” and investing it into the two leading digital assets. Dump NFTs, Go for BTC And ETH Speaking at the London’s Token2049 crypto conference, crypto billionaire Mike Novogratz aired his thoughts on non-fungible tokens, specifically their soaring...

One of the largest short-videos sharing platforms in India – Chingari – has successfully raised $19 million from investors such as Kraken, Alameda Capital, Galaxy Digital, and more. The company aims to launch its own token, enter the NFT world, and tap into the Solana blockchain. Chingari Raises $19M The press release shared with CryptoPotato explained that aside from the aforementioned investors participating in the fund round, other prominent names included Republic Crypto,...

The Republican Senator Cynthia Lummis has accumulated more bitcoin worth between $50,001 to $100,000 in the middle of August. A spokesperson at her office said the purchase was not disclosed on time due to a “filing error.” Topping up with More BTC As reported by CNBC, the US Senator – Cynthia Lummis – revealed in a recent filing that on August 16th, she increased her bitcoin exposure with another purchase of somewhere between $50,000 and $100,000 worth of the asset. The 2012...

Orlando Bravo – co-founder of Thoma Bravo – has confirmed that his company plans to invest in the broader blockchain industry. Thoma Bravo’s Investment Plans The billionaire businessman revealed his plans to invest at the Bloomberg Invest Global virtual conference on Thursday. The interviewer questioned him about whether Thoma Bravo will be an investor in the cryptocurrency space. Bravo began by reiterating that his company was a “lead investor in the growth equity round of...

After weeks of struggling and rapidly losing value, bitcoin exploded in the past few days and neared $56k – its highest price line since mid-May. Yesterday alone, the cryptocurrency gained more than $5,000 of value in hours. While the bulls celebrate, it’s worth exploring potential reasons why that might be and could there be more similar developments hiding behind the corner. Reason 1: Whale Purchases Being an asset with a maximum supply of just 21,000,000 tokens with a...