Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges

Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges

Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad has called Bitcoin, silver and gold a “buying opportunity” amid the strengthening United States dollar and continued interest rate hikes.  In an Oct. 2 Twitter post to his 2.1 million followers, the author noted the prices of the three…

Music NFTs a powerful tool to transform an audience into a community

Music NFTs a powerful tool to transform an audience into a community

As one of the oldest entertainment industries in existence, the music business has experienced many technological advances that enhanced widespread adoption. The digitalization of music meant that artists could reach any audience across the world, and digital distribution gifted people with unlimited access to music.  With these advances in distribution…

Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says

Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says

The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long term-one, according to forex trader and crypto analyst Alessio Rastani. During the October-December 2022 period, the analyst expects to see the S&P rallying. “If that…

Terra could leave a similar regulatory legacy to that of Facebook’s Libra

Terra could leave a similar regulatory legacy to that of Facebook’s Libra

New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST). The proposed legislation would require the Department of the Treasury to conduct a study of stablecoins similar to UST in collaboration with the United…

Ethereum Merge spikes block creation with a faster average block time

Ethereum Merge spikes block creation with a faster average block time

The Merge upgrade for Ethereum (ETH), which primarily sought to transition the blockchain into a proof-of-stake (PoS) consensus mechanism, has been revealed to have a positive impact on the creation of new Ethereum blocks. The Merge was considered one of the most significant upgrades for Ethereum. As a result of…

Bitcoin price starts ‘Uptober’ down 0.7% amid hope for final $20K push

Bitcoin price starts ‘Uptober’ down 0.7% amid hope for final $20K push

Bitcoin (BTC) failed to hold $20,000 into the September monthly close as one trader eyed a final comeback before fresh downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader’s $20,500 upside target remains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying lower after finishing the month at around…

Transit Swap loses over $21M due to internal bug hack, issues apology

Transit Swap loses over $21M due to internal bug hack, issues apology

Transit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract. Following the revelation, Transit Swap issued an apology to the users while efforts to track down and recover the stolen funds are underway. “We are deeply sorry,”…

California fraud cases highlight the need for a regulatory crackdown on crypto

California fraud cases highlight the need for a regulatory crackdown on crypto

The California Department of Financial Protection and Innovation (DFPI) announced last month that it had issued desist and refrain orders to 11 entities for violating California securities laws. Some of the highlights included allegations that they offered unqualified securities as well as material misrepresentations and omissions to investors. These violations…

NFT space bridges passions for tennis legend Maria Sharapova

NFT space bridges passions for tennis legend Maria Sharapova

Tennis legend Maria Sharapova appeared at the Binance Blockchain Week Paris 2022 to share her interest in nonfungible tokens (NFTs). During an exclusive interview with Cointelegraph, Sharapova mentioned that “she is exposing herself to this new world of crypto and Web3,” noting that the sector will help her better engage…