Gold

First Million-Dollar NFT Sale for Solana, and It’s for a Degenerate Ape

Source Node: https://coinquora.com/first-million-dollar-nft-sale-for-solana-and-its-for-a-degenerate-ape/
Time Stamp: September 12, 2021 3:28 AM - Modified On: September 12, 2021 - Published By:
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Republished By Plato

Today, Degen Ape #7225 became Solana’s first million-dollar NFT sale. In the last few weeks, the blockchain platform’s NFT ecosystem has exploded. NFT intends to reduce its mint pricing in order to keep the prices low. The first million-dollar NFT sale has occurred on the Solana blockchain. Moonrock Capital, a blockchain advising business, bought one of the Degenerate Ape Academy NFTs for 5,980 SOL ($1.1 million) on Saturday. Moonrock purchased Degen Ape #7225, a scarred zombie ape with a halo, a gold tooth, and a brain in its mouth. According

Gold, Stocks, and Bitcoin: Weekly Overview — September 3

Source Node: https://beincrypto.com/gold-stocks-and-bitcoin-weekly-overview-september-3/
Time Stamp: September 3, 2021 2:54 AM - Modified On: September 3, 2021 - Published By:
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Republished By Plato

This week’s price movements for Bitcoin (BTC), gold, and our stock picks, Visa and Coinbase.Sponsored Sponsored BTC Bitcoin seems to have fared middling-well over the past two weeks, as it achieved $50,000 again for the first time since May but seems to have met resistance at this point since then.  Trading around $45,000 on August 19, BTC then rose to $47,000 by the next day, $49,000 the day after that, finally surpassing the $50,000 mark on August 23. Having hit a target price point, BTC naturally met with selling pressure

Why this billionaire investor’s crypto-investment advice has no basis

Source Node: https://ambcrypto.com/why-this-billionaire-investors-crypto-investment-advice-has-no-basis/
Time Stamp: September 1, 2021 5:30 AM - Modified On: September 1, 2021 - Published By:
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Republished By Plato

The “Bitcoin is a bubble” theory has been touted for as long as the digital asset has existed. Despite Bitcoin providing optimum returns over the last few years, many traditional investors have failed to find value in the crypto. Billionaire investor and subprime broker John Paulson is the latest addition to this clique. In a recent interview, Paulson called crypto a bubble that will “eventually prove to be worthless.” Paulson had famously predicted and benefited from the U.S. subprime mortgage crisis in 2008 by placing a successful short position on

Why Bitcoin reaching $100,000 is ‘quite possible’

Source Node: https://ambcrypto.com/why-bitcoin-reaching-100000-is-quite-possible/
Time Stamp: August 29, 2021 9:00 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Bitcoin, the world’s largest token’s recent surge, touched the $50k mark last week. However it did witness a correction of about 1.2% within a week. At press time it was trading just near the $48k mark. Irrespective of this correction, in a recent interview with Anthony Pompliano, CEO of Blockstream, Adam Back projected that bitcoin hitting the $100,000 mark this year was “quite possible.” Meanwhile, it’s interesting to note that Adam Back was notably one of the first people to own bitcoin, and one of the first to receive an email from

The A to Z on if and when Bitcoin can flip Apple

Source Node: https://ambcrypto.com/the-a-to-z-on-if-and-when-bitcoin-can-flip-apple/
Time Stamp: August 27, 2021 5:30 PM - Modified On: August 27, 2021 - Published By:
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For a long time, Bitcoin has been subjected to a lot of criticism, unnecessary skepticism, and scrutiny. Ranging from its use in illegal transactions to energy concerns and price volatility, the king coin has seen it all over the last decade. However, the crypto’s trajectory from a market cap of $1 million in 2011 to almost $1.1 trillion this year has placed it seventh on the list of the world’s biggest assets. In spite of all the FUDs and criticism, the fact remains that Bitcoin managed to reach $1 trillion

Former SEC Chairman Says Crypto Fits Existing Legal Framework

Source Node: https://beincrypto.com/former-sec-chairman-crypto-fits-legal-framework/
Time Stamp: August 20, 2021 7:34 AM - Modified On: August 20, 2021 - Published By:
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According to a recent email exchange, ex-SEC Chairman Jay Clayton sees the existing U.S. regulations as a good model for crypto rules. Sponsored Sponsored Jay Clayton spent a few years as the chairman for the U.S. Securities and Exchange Commission, which Gary Gensler now heads. In light of the recent bipartisan bill passed by the Senate, crypto regulations are the industry’s hot topic.  If the wording in the bill is left as-is after its hearing in the House, this could mean a major disruption to the crypto space. When asked about

MoonBoys Finance to Aurum: What does this change entail for AUR holders?

Source Node: https://ambcrypto.com/moonboys-finance-to-aurum-what-does-this-change-entail-for-aur-holders/
Time Stamp: August 5, 2021 5:15 AM - Modified On: August 5, 2021 - Published By:
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Republished By Plato

Last year’s DeFi boom gave rise to a spectrum of emerging trends in the crypto space. Among the most prominent ones is the deflationary token trend that comes with an opportunity for exponential rewards for its investors. Capitalizing on this trend emerged another prominent project called MoonBoys Finance. For all of you crypto nerds out there, MoonBoys Finance ($MBS) must be quite a familiar name. The project reached a market cap of over $80M at peak and garnered a record-breaking 11200+ holders in the first seven days.  While all these

Team Great Britain to Serve Olympics With a Side of NFTs

Source Node: https://coinquora.com/team-great-britain-to-serve-olympics-with-a-side-of-nfts/
Time Stamp: July 24, 2021 7:45 AM - Modified On: July 24, 2021 - Published By:
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NFT News Team Great Britain has become the first Olympic team to launch its NFT collection. The project is a collab with designer Ben Sherman and Commerce provider Tokns. The first NFT minted will commemorate Max Whitlock’s performance in Rio in 2016. Great Britain’s Team is all set for the Olympics and comes with its own set of Non-Fungible Tokens. That’s right, the great nation’s team will become the first to launch its own NFT collection. Working alongside Ben Sherman, the team is launching its own non-fungible token collection. They

Nugenesis Ecosystems – Upholding the Principles of Monotheism Financial Practices, Paving the Way for Future Application of Islamic and Non-usury Banking

Source Node: https://themerkle.com/nugenesis-ecosystems-upholding-the-principles-of-monotheism-financial-practices-paving-the-way-for-future-application-of-islamic-and-non-usury-banking/
Time Stamp: July 19, 2021 6:38 PM - Modified On: July 19, 2021 - Published By:
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Islamic scholars have long had major issues with whether cryptocurrency is permissible, and is it equal or more appropriate to Islamic finance than Fiat?All Monotheism religions have strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, metals, tradable products, etc.Some may argue that government-issued fiat currencies do not have any intrinsic value and may be incompatible with a careful interpretation of Sharia law. This would pose a problem for the burgeoning Islamic finance industry, which aims to produce financial returns in compliance

Institutional investors — the future of crypto is in their hands. Or is it not?

Source Node: https://coinrabbit.io/blog/institutional-investors-the-future-of-crypto-is-in-their-hands-or-is-it-not/
Time Stamp: December 30, 2020 6:02 AM - Modified On: May 21, 2021 - Published By:
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Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and