sees

What will happen if Bitcoin goes to $150k in the near future

There is enough conversation about Bitcoin being in a “supercycle” doing the rounds in crypto circles. Therefore, despite the recent steep correction, analysts see those gaps closing by year-end. So much so that the anticipation goes beyond the $100k mark that was pegged earlier. However, Into The Cryptoverse CEO Benjamin Cowen, in a recent interview with Blockworks, expressed nervousness about those price levels. He said, “Is a trend sustainable if we go up to $150k next month? I don’t think so. “ He explained that a lot of selling pressure,

Bitwise withdraws its application for a bitcoin futures ETF.

Cryptocurrency firm Bitwise has withdrawn its bitcoin futures ETF application, according to Bitwise CIO Matt Hougan, who announced on Twitter. However, the spot filing remains in play and competes with several other applications for the United States Securities and Exchange Commission’s (SEC) attention. Hougan explained the withdrawal, which on the whole comes down to spot ETFs being better for long-term investors and the costs associated with futures ETFs.  1/ Today, @BitwiseInvest withdrew its application to list a bitcoin *futures* ETF. (Our spot filing remains.) Thought I’d share our thinking. A

Bitcoin Below $60K for the First Time in 10 Days – Should You Buy the Dip?

Bitcoin is below $60,000 for the first time in over 10 days after what many crypto investors saw as an anticlimactic break of all-time highs. After spending 6 months below its previous all-time high just short of $65,000, Bitcoin made it all the way back and managed to break $66,000 before losing steam. At the time of writing, BTC is trading just above $59,000.  Aside from a few select altcoins, almost the entire crypto market followed Bitcoin’s lead today by making a downward move. As is often the case, excess

Crypto Job Hiring Sees Huge Demand as Industry Grows

The number of jobs related to cryptocurrencies and blockchain technology have skyrocketed, according to data from several job listing websites.Sponsored Sponsored While crypto searches more than doubled on Indeed.com in the past year, US job postings with “cryptocurrency” and “blockchain” as keywords were up over 600% on LinkedIn. Additionally, growth in paid listing at CryptocurrencyJobs.co increased nearly 1,500% since last year. “Everyone is hiring right now” Daniel Adler, founder of CryptocurrencyJobs.co, provided some insight into the growth that’s occurred. He noted that some teams who were looking to double at

Shiba Inu coin (SHIB) pumps and sees $2 billion traded after Coinbase listing

Shiba Inu coin (SHIB) believers were in for a surprise Friday morning after Coinbase, one of the world’s largest and most regulated crypto exchanges, listed the memecoin on its platform.“SHIB is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive or store SHIB,” the exchange said in a tweet.SHIB is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive or

El Salvador’s First Official Bitcoin Commercial for Chivo Wallet Airs

The first advertisement for the bitcoin wallet of El Salvador, Chivo Wallet, has been released. The ad is effectively the first government ad of this sort.Sponsored Sponsored Released on August 31, the ad is a quick explainer of bitcoin, the Chivo wallet, and the cryptocurrency’s benefits. The wallet is set to be available from September 7. https://s32659.pcdn.co/wp-content/uploads/2021/09/Chivo.mp4Chivo Wallet ad: El Salvador President Nayib Bukele’s Twitter handle El Salvador’s President Nayib Bukele announced the wallet’s release date last week, confirming that the use of bitcoin would not be mandatory. This appeased

Become a part of the NFT ecosystem with Calypso

Non-Fungible Tokens (NFTs) have seen a boom in recent times, from being a niche market to finding wider appeal among people in the crypto space. While this has opened up the space for artists, creators and collectors alike, there is still a lot that needs to be done in order to facilitate mass appeal. Calypso is a marketplace for NFTs on the Supermoon Lunar System built on the Binance Smart Chain. In this marketplace, users will have access to unique NFTs, which can be bought using the $CYO token. What

Sotheby’s To Auction 202 Bored Ape NFTs This Week

Auction house Sotheby’s will sell over 200 NFTs related to BAYC and BAKC on September 2, marking yet another big non-fungible token (NFT) sale for the art broker.Sponsored Sponsored British-founded auction house Sotheby’s is set to auction 202 NFTs of the Bored Ape series — BAYC and BAKC. The NFTs will be open for purchase from September 2 at 10:00 EDT. The auction will last a week and end on September 9. The NFTs were developed by Yuga Labs. The owners of the NFTs can offer serums to the apes

Can These Surging Altcoins Compete With Ethereum? Glassnode Analyzes Three Growing Platforms

A slew of smart contract platforms have been surging in price over the past 30 days, and blockchain analytics firm Glassnode is digging into the metrics to determine whether or not any of these platforms can compete with Ethereum (ETH) in the future. Avalanche (AVAX), Solana (SOL), and Terra (LUNA) have all exploded over the past month, gaining 292.9%, 212.2%, and 191.4% in value, respectively, according to CoinGecko. ADVERTISEMENT   Glassnode first discusses the “spike in interest” on AVAX and SOL. “Alternative smart contract platforms like Avalanche and Solana have

Study Finds NFT Industry Shows Some Undesirable Signs

A new report finds activity in the NFT community is organic, though there are undesirable signs among investors. Sponsored Sponsored Recently, Nansen, a blockchain analytic platform released a report with new findings on the emerging non-fungible token space. According to the reports there is a large amount of healthy, “organic” growth in the NFT industry.  However, despite the good signs of progress, there were also some undesirable findings. According to the report, the NFT space “remains spotted by certain profit-seeking practices.” This determination comes from transaction patterns. Token founders might be

‘Communities Are Very Important For an NFT Project,’ Says Digital Artist

BeinCrypto spoke to Julien van Dorland, digital artist, and avid non-fungible token (NFT) art collector, about his work, his collections, and the NFT space as a whole. Sponsored Sponsored Van Dorland is a digital artist, an NFT art collector, and founder of Arvable, a digital agency helping artists explore the metaverse and NFTs. Completely immersed in the NFT space, van Dorland is the perfect example of what the future holds when it comes to creating the metaverse. With involvement in almost all elements of the NFT value chain, van Dorland