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$BTC: El Salvador President Says ‘Many Countries Will Follow’ if Their Bitcoin Experiment Succeeds

$BTC: El Salvador President Says ‘Many Countries Will Follow’ if Their Bitcoin Experiment Succeeds

In an op-ed piece, Nayib Bukele, the president of El Salvador, which in September 2021 became the first country to make Bitcoin legal tender, said that despite claims by mainstream media and rating agencies, his nation is not failing because of its bet on Bitcoin. As you may know, on 5 June 2021, Zap Solutions …

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Solana Price Plunges as Blockchain Suffers Outage Again

Solana Price Plunges as Blockchain Suffers Outage Again

Solana’s price has taken a hit amid another major outage that has grinded the network activity to a halt. Crypto pundit and host of NFT Alpha show, Nick Valdez first brought the development to public attention on Twitter after a series of speculative mentions. A few hours later, the official Solana Twitter handle confirmed the report in the early …

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The State of NFTs: Key Trends During the Bear Market

The State of NFTs: Key Trends During the Bear Market

In Brief NFTs trading volume has declined by over 90% after peaking in January. A DappRadar report suggest that on-chain metrics remain bullish despite the bear market. Ethereum NFTs remain dominant in the space, accounting for 91% of total trading volume. The recent bear market has had telling effects on every crypto sector, and new …

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Tennis Legend Maria Sharapova Explains Why She Is ‘Really Interested in the NFT Space’

Tennis Legend Maria Sharapova Explains Why She Is ‘Really Interested in the NFT Space’

Tennis legend Maria Sharapova recently shared her thought about Web3 and NFTs on day two of the Binance Blockchain Week Paris 2022 conference. These comments during a fireside chat with James Rothwell, VP of Global Marketing at Binance. Sharapova, who retired from professional tennis in February 2020 at the age of 32, was asked by Rothwell …

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How Many Times Has Mad Money’s Jim Cramer Failed to Time Crypto Markets?

How Many Times Has Mad Money’s Jim Cramer Failed to Time Crypto Markets?

In Brief “Mad Money” host Jim Cramer arguably made many people poor with his crypto advice. He has become a meme for his consistence in making wrong calls. Crypto investors now trade against Cramer, doing the opposite of anything he says. It’s been said that “not all investors have the same investing style.” But Jim …

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Uniswap to Raise 0 Million in New Funding Round

Uniswap to Raise $100 Million in New Funding Round

Uniswap Labs – the firm behind one of the world’s largest decentralized exchanges, Uniswap – is looking to raise a massive $100M fund in its latest funding round. This round follows Uniswap’s previous Series A funding in 2020. American online newspaper TechCrunch uncovered the development in a report Friday. According to the report, TechCrunch received intel from …

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Billionaire David Rubenstein: ’Crypto Is Not Going To Go Away’

Billionaire David Rubenstein: ’Crypto Is Not Going To Go Away’

David Rubenstein, the billionaire co-founder and co-chairman of private equity firm Carlyle Group, says that the crypto industry is not going to go away. Rubenstein made his commens about cryptocurrency during a chat with Citadel founder and CEO Ken Griffin at the University Club of Chicago on September 22. When asked what he thinks about cryptocurrencies, …

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Three top cryptocurrency stories from the past week

Three top cryptocurrency stories from the past week

QUICK TAKE Eight states announced actions against crypto lender Nexo. Alex Mashinsky is no longer CEO of Celsius. Meta has introduced a hiring freeze. This has been a long week for players in U.S. crypto regulation, as the government brings more actions against companies and politicians weigh in on how to tame the crypto industry …

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Wrapped Bitcoin Locked on MakerDAO Falls to 2022 Low After Nexo Withdraws Massive Amount of WBTC: Santiment

Wrapped Bitcoin Locked on MakerDAO Falls to 2022 Low After Nexo Withdraws Massive Amount of WBTC: Santiment

Blockchain analytics firm Santiment says that crypto lender Nexo has pulled a huge portion of Wrapped Bitcoin (WBTC) off of decentralized finance (DeFi) platform MakerDAO following the firm’s legal troubles with multiple state regulators. Santiment says that Nexo’s big withdrawal from MakerDAO has taken nearly half of all the WBTC off of the platform and …

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The Weekend Shift: Crypto influencers and the British Pound •

The Weekend Shift: Crypto influencers and the British Pound •

Welcome to the 87th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write about. OK, only crypto? Not necessarily. We do that Monday to Friday, so we try to explore new subjects on weekends. Feel free to …

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