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US

Metaverse Token Outperform Bitcoin and Ethereum Amid Bullish

While trading volume and prices of virtual lands plunged by over 90% in 2022, this sector catches the crypto investor community off guard with its incredible resilience. Previously, many people in the industry predicted that this sector would be challenging to attract interest again once Bitcoin began to recover above $ 21,000. Decentraland (MANA), the […]

Categories
Science

Should Green Businesses Use Bitcoin to Attract New Employees?

The appeal of running an eco-friendly business is higher than ever. A recent survey found that 63% of customers want companies to do more to promote social and environmental responsibility. Therefore, green businesses can reap the rewards of offering eco-friendly products and services to this growing market. Unfortunately, running a green business is harder than […]

Categories
Business

Treasury yields fall as traders assess data, Fed outlook

U.S. Treasury yields were lower on Wednesday as uncertainty around the outlook for monetary policy and the economy, along with some weak earnings reports from Wall Street, clouded risk sentiment. The yield on the benchmark 10-year Treasury note fell just over 5 percentage points to 3.4812% while the yield on the 30-year Treasury bond shed […]

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US

Bitcoin Maintains $21K, Metaverse Tokens Soar (Market Watch)

Following the past few positive days, bitcoin has returned above $21,000 and has managed to sustain above that level. The altcoins have calmed on a daily scale now, aside from several representatives of the Metaverse industry. BTC Still Above $21K Although the numbers of reports suggesting an upcoming recession for a significant portion of the […]

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Technology

Bitcoin and One Artificial Intelligence Altcoin at Crucial Pivot

A widely followed crypto analyst is updating their outlook on Bitcoin (BTC) and the artificial intelligence (AI) altcoin Fetch.ai (FET). The pseudonymous crypto trader Rekt Capital tells their 332,200 Twitter followers that Bitcoin is on the verge of confirming a bull market after rallying this week. However, they warn it could take a few months […]

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US

Why Blockchain, NFTs, And Web3 Have A Sustainability Problem

Blockchain – the distributed, decentralized system that helps verify crypto transactions and record ownership of NFTs – requires a massive amount of computing power and electricity. And as the NFT marketplace and other Web3 technologies continue to expand, the environmental impact of blockchain has been growing. Why Blockchain, NFTs, And Web3 Have A Sustainability Problem […]

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US

PolkaCity Metaverse Bitcoin (BTC) Mining Feature Goes Live By

© Reuters. PolkaCity Metaverse Bitcoin (BTC) Mining Feature Goes Live PolkaCity Metaverse has announced the release of its highly anticipated mining feature. Starting January 3rd, users can mine POLC in the metaverse and distribute the minted POLC among PolkaCity NFT miner holders. The mining feature expects to add buying pressure for the platform’s metaverse token […]

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US

State Of Crypto And Web3: Has The Space Gone In Winter Sleep

US exchange Coinbase lays off 18% of its workforce in June, crypto lenders Celsius CEL , Voyager, and BlockFi and crypto hedge fund 3AC file for bankruptcy, Tesla sells 75% of its Bitcoin BTC holdings, DeFi protocol Terra LUNA3 Luna collapses, Bitcoin drops to $16,000, the FTX bankruptcy gives the crypto industry its Enron moment, […]

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US

Fidelity and HSBC are the latest financial firms to seek

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Fidelity is showing no hesitation when engaging with blockchain technology and cryptocurrencies as the multi-trillion dollar asset manager recently filed […]

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UK

Europe’s Last Bitcoin Mining Refuge Is No Longer Viable

Mining sites are currently being sold at an 85%-90% discount, he said. During the bull market, miners were selling facilities, without mining machines, for $1.5 million per megawatt. Today, the figure is closer to $100,000 to $150,000 per MW, he said. Source link