The Bored Ape Yacht Club is one of the most significant NFT projects in the space that has reached over $1 billion in sales volumes. It is essentially a series of 10000 funky, unique bored ape characters in the form of NFTs minted on the Ethereum blockchain.
Read More »First Energy Metals Lithium Project in Quebec Could Fuel EV Future
First Energy Metals continues to release drilling results from its Augustus Lithium Project in the Abitibi Lithium region of Quebec that validates historical lithium grades. Lithium for lithium batteries in Electric Vehicles and electrical grid storage applications is garnering the most attention in the media these days.
Read More »NFT Trading Volume Skyrockets By 704% Reaching $10.67 Billion in Q3/2021
Non-fungible Tokens (NFTs) recorded a trading volume of $10.67 billion in the third quarter of 2021. The majority of this growth came in August, showing $5.2 billion in trading volume followed by $4 billion in September.
Read More »Is Bitcoin on a $100K Sprint?
Bitcoin (BTC) is on a bull run after it regained the $50,000 mark on October 6, 2021. As of writing this, Bitcoin is trading above $60,000, according to CoinMarketCap. If this trend continues, BTC is expected to hit $100,000 in the next few months.
Read More »Celsius Network’s $400 Million Funding Round Brings Credibility Amid Regulatory Concerns
Celsius Network, a UK-based cryptocurrency lender, has been under U.S. regulators' scrutiny in states like Alabama, Texas, Kentucky, and New Jersey for its high interest-bearing accounts. Despite this legislative resistance, Caisse de dépôt et placement du Québec (CDPQ) and WestCap have invested $400 million in Celsius Network.
Read More »Bitcoin Rallies in 2020 to Reach New Highs and Gathers Steam for 2021
In December, the value of Bitcoin rose to the highest it has been and has increased by almost 250% since January. Bitcoin has experienced some lows, with some uncertainty around whether it is here to stay or not. However, due to the high liquidity in global markets, Bitcoin has also …
Read More »Bank of England Says Regulators Must Keep Ahead of Stablecoins
Stablecoins are a form of digital currency that has been slowly adopted by the broader financial markets and regulators. Due to technological changes, the traditional financial industry is slow to move when they encounter new products as they do not like disruption. By the end of the article, you will …
Read More »Bitcoin is the ‘True’ Internet Currency – Jack Dorsey
What is the first thing that comes to your mind when you hear the word “Bitcoin?” Investment, isn’t it? There is no denying that Bitcoin is a potential investment. However, replacing paper-coin currencies is at the core of it. You can currently pay for your Starbucks cafe latte, buy domain …
Read More »Facebook & It’s Cryptocurrency Wallet
What if you could send money as easily and inexpensively as sending a message to your friend? This isn’t a pipedream anymore, as Facebook promises to make this possible. Facebook is dipping their toes in cryptocurrency waters to revolutionize the current financial fabric with a project known as Libra. Facebook …
Read More »Is ChainLink the Next Crypto Revolution?
ChainLink is a decentralized data oracle network connecting smart contracts to credible, real-world data. To put it simply, ChainLink is a trustworthy middleware between blockchain smart contracts and external data sources. A decentralized oracle network employs multiple data inputs. This eliminates any single point of failure in smart contracts and …
Read More »