Cardano ‘sharks’ scoop up 79.1 million ADA ahead of Vasil hard fork

Cardano ‘sharks’ scoop up 79.1 million ADA ahead of Vasil hard fork

The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token. Cardano sharks in buying spree Notably, addresses holding between 10,000 and 100,000 ADA, also called “sharks,” have added 79.1 million tokens (~ $37.7 million as of July 9) to their reserves…

Bitcoin ‘cheap’ at K as BTC price to wallet ratio mimics 2013

Bitcoin ‘cheap’ at $20K as BTC price to wallet ratio mimics 2013

Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio. In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, simply described $20,000 Bitcoin as “cheap.” Timmer: “In other words,…

Binance users support 0-fee trading despite CZ’s wash trading concerns

Binance users support 0-fee trading despite CZ’s wash trading concerns

Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes to investing over exchanges. So no wonder when Changpeng “CZ” Zhao, the founder and CEO of Binance, asked investors about their interest in trading on the crypto exchange with no fees, the…

5 events that could put an end to the current crypto bear market

5 events that could put an end to the current crypto bear market

Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed.  As the popular topic of conversation now centers on bearish predictions of how low Bitcoin (BTC) will go and how…

Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars

Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars

Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic players in our industry. I’ve talked to you about Terra, Celsius, Three Arrows Capital,…

Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs

Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs

On Friday, Web3 subscription and ticketing solution provider Revuto announced a novel subscription model for Netflix and Spotify, using a nonfungible token (NFT) solution. Revuto said it would offer a lifetime digital subscription for Netflix and Spotify via its Revolution NFT. A total of 10,000 users would be eligible to…