“Players spend billions of dollars on digital assets each year, but the value of their collections has been locked away from them. Utilizing NFTs in gaming creates a whole new set of game design principles built around scarcity vs. inflationary free-to-play economies,” said John Linden, co-founder and CEO...
Crypto arbitrage is a type of trading strategy where investors capitalize on slight price discrepancies of a digital asset across multiple markets or exchanges. In its simplest form, crypto arbitrage trading is the process of buying a digital asset on one exchange and selling it (just about) simultaneously...
Meanwhile, the number of unique addresses interacting with SHIB token have fallen by 66.1% since peaking at around 107,000 on Oct. 28, according to Santiment. On Oct. 28, there were 53,546 addresses interacting with SHIB for the first time, but the new addresses holding SHIB today have dropped...
Banks should focus on blockchain technology and investors should increase their bitcoin holdings while trimming gold exposure, according to Jefferies Global Head of Equity Strategy Christopher Wood.“This concept of how has begun to eat conventional finance is why all banks should be focused on the technology to...
Banco Santander, Spain’s largest bank, will be offering crypto exchange-traded funds (ETF), Santander’s Executive President Ana Botin said on Oct. 14 in a Bloomberg TV interview. “We have been quite slow in adopting that, because of compliance and regulatory and risk appetite,” Botin said. “But we are now...
Payment processor Square said in its third quarter earnings letter Thursday that its Cash App generated $1.82 billion of bitcoin revenue in the quarter and $42 million of gross profit, up 115% and 29% year-over-year, respectively.Bitcoin revenue and gross profit decreased in the third quarter versus the second...
Prior to 2021, bitcoin’s three-month implied volatility (IV) – investors’ expectation of how turbulent prices will be over the ensuing three months – spiked during both bull and bear runs, according to data from crypto data firm Skew. But this year, a similar spike only occurred when the...
“On the other hand, the effects of the largest QE in history may lead to the largest inflation in history, regardless of the Fed attempting to scale back. If this happens, we expect demand, and prices, for bitcoin to rise to new all-time highs,” Joe DiPasquale, CEO of...
Onessus Blockchain Systems is a blockchain game and NFT publisher based in the United States. Its WhenStaking platform has proven the growing popularity of the idea of yield-earning NFTs. Within a month of launching, the curated platform was already hosting over 9,000 staked NFTs, had roughly 12% of...
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW follows up on the burgeoning bitcoin-mayor competition between New York City’s Eric Adams and Miami’s Francis Suarez. The show’s main topic is an open letter sent by Congressional Blockchain Caucus co-chairs Rep. Tom Emmer and Rep. Darren...