Wednesday, December 8, 2021

NFT partnerships and protocol integrations boost Tezos, WAX and Aleph.im

The roller coaster ride that is the cryptocurrency market continued its volatile ways on Dec. 8 as Bitcoin (BTC) price briefly slipped below the $49,000 level. Despite the setback, there are still clear signs that crypto mass adoption is taking...

Iceland cuts power to new Bitcoin miners

National Iceland electrical company Landsvirkjun has cut the amount of power it will provide for some industries, including aluminium smelters and Bitcoin miners.A representative from the island’s power utility reported it has been forced to reduce energy allocations to...

DraftKings Marketplace plans to launch gamified NFT collection next NFL season

The National Football League Players Association, or NFLPA, in collaboration with sports betting operator DraftKings Inc., announced the launch of a gamified nonfungible token, or NFT, collection to drop on DraftKings Marketplace during the 2022–2023 NFL season. Starting next...

Survey says crypto popular holiday gift for Americans — NFTs not so much

Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) and Ether (ETH) are set to become the gift of choice for people of the United States, a new study by crypto lending firm BlockFi revealed.Conducted in October among more than 1,250 U.S....

Fidelity and Nexo are entering institutional lending market

Fidelity Digital Assets — the crypto wing of Fidelity Investments — and crypto borrowing and exchange platform Nexo have announced a partnership to offer crypto custodial services, products and lending services for institutional investors. The two firms will create a...

Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021

As 2022 draws closer, some cryptocurrency investment experts are now doubtful on whether Bitcoin (BTC) has enough time to hit $100,000 in 2021.Following a major flash crash in the cryptocurrency market, Bitcoin is unlikely to break new all-time highs...

This Bitcoin price metric just hit ‘oversold’ for only the 7th time in 8...

A Bitcoin (BTC) price metric which made BTC “look seriously cheap” at $56,000 is now in rare oversold territory.In a tweet on Dec. 6, Philip Swift, Philip Swift, creator of analytics platform LookIntoBitcoin, returned to potentially bullish signals coming...

Sophia AI robot to be tokenized for Metaverse appearance

A virtual anime version of Sophia, the world-famous humanoid artificial intelligence (AI) robot, is set to be tokenized and auctioned off as part of an up-and-coming Metaverse project dubbed “Noah’s Ark.” Sophia was developed by Hong Kong-based firm Hansen Robotics...

Australian women owning crypto has doubled in 2021: Survey

A new survey shared with Cointelegraph has found that the proportion of Australian women who own crypto assets has doubled in the last year. The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) of 2000 Australians found that the number of...

Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K

The wider cryptocurrency ecosystem is in a heightened state of fear on Dec. 6 after the Dec. 3 market sell-off continues to send ripples across the the sector and Bitcoin (BTC) price remains pinned below $50,000. Data from Cointelegraph Markets...

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