As visions of a popularized metaverse race toward reality, venture capital firms are backing companies that offer lending and leasing services for digitally owned assets.The latest company looking to enter this futuristic market is Pawnfi, an alternative asset-lender that just raised $3 million in a funding round led...
“We decided to prioritize the product over the token, because our belief was that in order to have a token the reason had to be decentralization,” Benchemled said. “Let’s build a fantastic product, let’s reach a critical mass with users and volume, and then let’s move to tokenize...
“We find ourselves in an environment of significantly elevated inflationary pressures, an environment that is also completely new territory for bitcoin and its reaction function, in other words, whether bitcoin is a decent inflation hedge or not remains to be seen,” Marc-Andre Fongern, senior analyst at Fongern Global...
Good morning, Here’s what’s happening this morning:Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop.Technician’s take: Short-term upside appears to be limited given the loss of positive momentum.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin...
“While, of course, my pictures were posted publicly on my Twitter, to have them taken from my page and then attempt to be sold with promises of ‘writing a person’s name on my boobs,’ etc., is a bit unsettling,” Ashtoshi said in an interview. “It’s unfortunate because I...
Now, as the original blockchain network prepares for its next big upgrade in November, known as Taproot, few investors are expecting a price reaction anywhere near that scale. BTC’s price has already doubled this year, and it hit a new all-time high near $69,000 in early November. While...
This episode is sponsored by NYDIG.Download this episodeOn this edition of “Long Reads Sunday,” NLW reads two pieces:“Why Shouldn’t the Navajo Mine Bitcoin?” by William Foxley“This Imprisoned Russian Artist Is Selling NFTs to Support His Family and Fellow Inmates” by Anna BaydakovaSee also: Carbon Offsets Are a Distraction...
Two Sigma, the technology-focused hedge fund based in New York, is looking to hire a Crypto Operations person to help build out the firm’s emergent cryptocurrency trading business, according to a recent job posting.The open position to Join Two Sigma Securities’ crypto trading business is based in London.“We...
If inflation continues to climb at current rates or faster, “you’re going to see, I think, some panic selling,” Moya predicts. “Typically, when we have a major risk reversal on Wall Street, because bitcoin has been one of the most profitable trades out there, you’ll probably see some...
Today’s show is from a time before the trillion (or even billion) dollar market cap; Before Vitalik had ever spoken the word Ethereum; Before taproot, segwit, stock-to-flow and the institutional investing thesis. In the early days, Bitcoin was the absolute state of the art and the basis for...