Author: bitcrypto.io
Key Points The crypto industry is constantly shifting, as new participants enter and test established norms. Bitcoin and Ethereum have maintained their dominance in the crypto space, though numerous rivals seek to claim the lead. The pressing question for many is: Which crypto currency will overtake Bitcoin? What Is Going On With Bitcoin and Ethereum Price? The crypto market has seen significant fluctuations, particularly concerning Bitcoin and Ethereum. These two titans of the digital currency realm have seen price fluctuations that have left stakeholders and experts pondering their forthcoming paths. According to information from Forbes, Bitcoin, Ethereum, and additional digital…
From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, making it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies based on their market capitalization or the total value of all the coins currently in circulation. 1. Bitcoin (BTC) Created in 2009 by Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers. Because additions to the distributed ledgers must be verified by solving…
It is time once again to look into the crystal ball and predict the direction that business and industry will take in the coming year. With the general global economic downturn predicted to get worse before it gets better, companies are likely to remain cautious when it comes to spending and investing in radical new ideas in 2024. However, there are a number of technological and societal trends that are simply too big to ignore or put off until better days. These are the areas where we can expect to see continued innovation and investment, and I’ll highlight the most prominent in…
Binance’s Year-End Report is Here Main Takeaways The year 2023 has been a tumultuous one for crypto. Yet, even during the long periods of recovery, the building of valuable products and robust infrastructure in the Web3 space never stopped. We arrived at the end of this calendar year a stronger industry than we have ever been, having built a powerful momentum on the path to the mass adoption of digital assets. As the industry leader, Binance has experienced the same headwinds and wins as the digital asset ecosystem at large, being influenced by – and often setting and helping to…
It’s a brand new year, and the crypto market is celebrating in style as Bitcoin reclaims the $45,000 mark for the first time since April 2022. With much to cheer, as investors anticipate spot Bitcoin ETF approvals by the US SEC soon, the market is gearing up to break the shackles of the bear market conditions that weighed it down over the past few months. As the momentum and upbeat sentiment build up, here are a few handpicked trends we believe could power the next bull run in the crypto market: 1. Growth in the Bitcoin Ecosystem Amid Bitcoin Halving,…
Yesterday, legendary American thrash metal band Megadeth announced the launch of a new non-fungible token (NFT) collection, offering fans exclusive access to digital and real-world experiences. The band unveiled the news via a post on X, stating that the collection will consist of 5,000 NFTs featuring their mascot, Vic Rattlehead. Owning one of these NFTs will provide access to experiences like private conversations with band members in the metaverse. Megadeth also noted that they hope to foster a community owned by fans rather than a standard fan club with this initiative. A Warm Reception From Megadeth’s Online Following Since the…
South Korean financial regulators have said NFTs are not subject to the same rules as cryptoassets, a ruling that may buoy token issuers and blockchain gaming firms. Per News1, the Financial Services Commission (FSC), the nation’s top regulator, stated that “following CBDCs,” NFTs will also be “excluded from” its “lists of virtual assets.” The FSC has previously created separate regulations for CBDCs. Lawmakers have also created legislation that distinguishes digital fiat from tokens like Bitcoin (BTC). The Virtual Asset User Protection Act defines cryptoassets as “electronic tokens that have economic value and can be traded or transferred electronically.” Some claimed…
Sotheby’s, the renowned auction house with a rich history spanning 279 years, has made a significant impact on the digital art market in the current year. Fine arts auction house Sotheby’s reported making “close to $35 million” in digital art sales in 2023, marking it as a standout year for the emerging sector. On December 23, Michael Bouhanna, the company’s Vice President and Head of Digital Art, concluded Sotheby’s year results regarding digital art on X as “one of the most exciting years for digital art.” Notably, Sotheby’s conducted its first live digital art auction with 300 attendees, generating $12 million in…
Sales of NFTs on the Bitcoin (BTC) network reached a new milestone in December 2023, surpassing $881 million for the first time ever. According data by CryptoSlam, NFT sales on the Bitcoin chain reached $881,223,753.92 last month, setting the highest single-month sales record to date. This included 111,713 buyer addresses and 98,744 seller addresses, both setting the highest single-month records to date. Bitcoin NFTs, also known as Ordinals, are a new type of NFT that exists on the Bitcoin blockchain. Unlike traditional NFTs which are mostly associated with the Ethereum blockchain, Bitcoin NFTs are unique in that they are inscribed…
This includes a tour of the G-Shock Endurance Test Laboratory in Tokyo, where the brand’s renowned durability testing takes place. Casio, the Japanese electronics company, has introduced a special collection of digital art collectibles featuring its popular G-Shock watches. This exclusive set includes 2,000 NFT art pieces showcasing futuristic “Virtual G-Shock” designs, and they will be available for purchase on Saturday at 3:00 a.m. for advance sale. These NFTs will be available for general sales starting from December 18 to December 20. This is Casio’s second venture into the world of NFTs, following the release of free G-Shock Creator Pass…
