September 2022 / 90 posts found
Square Enix dive headfirst into the uncharted waters of blockchain gaming
Cryptocurrency If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. They join Sega and Bandai Namco as so-called “validators” Square Enix are taking more steps to implement the controversial blockchain technology in their games. Squeenix have teamed with blockchain company Oasys, who describe themselves as “environmentally-friendly”. This is because of their less energy-intensive “proof-of-stake” mechanism compared to “proof-of-work” methods such as those used in Bitcoin mining. Oasys’s plans fits with Squeenix’s intention to develop tokenised economies built on blockchain in their future games. Square Enix are just one of […]
Bitcoin Rises Above $21K as Market Sees Around $300M in Liquidation
Cryptocurrency The positive performance of Bitcoin and other major crypto assets in the last 24 hours has led to almost $300 million in liquidations. According to Coinglass data, the liquidation affected 92,465 traders leading to $286.14 million in losses. Most of the liquidation happened on Bitcoin and Ethereum. Traders in short positions liquidated Bitcoin traders recorded $103.73 million in liquidations, while Ethereum liquidation in the last 24 hours is $71.66 million. However, LUNA was a surprise inclusion with over $40 million in liquidations. LUNA 2 also recorded $9.87 million. ETC saw $8 million, and LUNA Classic liquidations were around $6 million. The […]
MicroStrategy Plans to Raise Funds to Buy More Bitcoin
Business intelligence firm MicroStrategy may buy more Bitcoin with funds raised from selling some of its shares to Cowen and Company and BTIG. The company, which already has the largest Bitcoin holdings among publicly registered companies, wants to sell $500 million of its Class A shares to these investment firms. MicroStrategy Eyes More Bitcoin According to the prospectus sent to the Security and Exchange Commission (SEC), the company may use the proceeds to buy more Bitcoin. The Bitcoin-hodling company acknowledged the recent price swings that had seen the flagship asset drop below the $20,000 level, revealing that it has its […]
Here’s How You Should Trade Ethereum (ETH) Before The Merger
Cryptocurrency As Bitcoin continues to hover around $19,000, the second largest cryptocurrency by market cap, Ethereum, is eventually moving towards retesting its lost range of $1,700. Currently, Ethereum is changing hands at $1,626 after a massive gain of 7.05% in the last 24hrs. At the moment, Bitcoin is struggling to gain momentum and avoid another rejection, thus, market participants have turned Ethereum to be their saviour. The upcoming Ethereum merger has gained both positive and negative speculations. A few market participants claim that the merger will lead to increased demand and drive the ETH price. Conversely, a few others believe […]
Here’s When Bitcoin (BTC) Price Could Witness A 2x Rally
Although negative sentiments dragged the Bitcoin price down drastically over the last few days, the asset is now displaying strength and continuing upward; it is up by 1.85% today, currently trading for $19,296. The asset’s price has a direct correlation with the U.S. Federal Reserve’s increase in interest rates. Similar selling pressure was still present on the chart of bitcoin. “Bears” to Free Fall or Grip in Winter? According to rekt capital rekt capital author at Rekt Capital Newsletter Rekt Capital AuthorTraderMarket Analyst Followers : 0 View profile , the bear market for Bitcoin (BTC) is about to reach its […]
Coinberry Seeking to Recover $3 Million in BTC From 2020 Blunder
Cryptocurrency By Mark Hunter 26 mins agoFri Sep 09 2022 12:56:03 Reading Time: minute Coinberry is taking legal action to recover almost ₿100 taken by users in a 2020 glitch The exchange has taken Binance to court to collect what hasn’t been sent back A software upgrade allowed users to get ‘free’ bitcoin Canadian crypto trading platform Coinberry has gone to court seeking the return of $3 million in bitcoin acquired by users for free after a glitch in 2020. In court documents, the exchange revealed it unintentionally opened a door to free bitcoin two years ago after a software […]