Author: cryptotechbro
Blur, a decentralized non-fungible token (NFT) marketplace, and OpenSea competitor is under pressure, tumbling by over 30% from its November peaks. While BLUR retreats, on-chain data reveals that BLUR whales have been moving their tokens to leading crypto exchanges, possibly to liquidate. Whales On A Possible Selling Spree According to Lookonchain data on December 7, several whales have been offloading large amounts of BLUR. To illustrate, 16.85 million BLUR, worth roughly $8.43 million, were deposited to exchanges in the past 24 hours. Notably, one whale deposited 2.54 million BLUR, worth $1.26 million, received from the airdrop to Binance. At the same time,…
Trading is no longer a sphere controlled by stock pundits, thanks to technological advancements and better knowledge of the stock market. Today, everyone may trade and make a profit. Intraday trading is a critical component of trading.Intraday Vs Arbitrage Trading in cryptocurrencyWith cryptocurrency’s popularity growing in recent months and years, a new breed of investors, ranging from millennials to baby boomers, is experiencing FOMO and pouring into cryptocurrencies. Traders are looking at new ways to benefit from a sector that does not appear to be slowing down. Among the various methods of trading crypto coins on an exchange is an…
According to Bitcoin Magazine Pro data, holding Bitcoin has been profitable for 98.5% of its existence. The data reveals that out of the last 5,096 days since Bitcoin trading began, holding BTC has been profitable for 5,020 days relative to the current price of ~$66,500 per BTC.Since August 17, 2010, when Bitcoin was priced at just $0.07, its value has skyrocketed to around $66,500, representing an astounding increase of 94,999,900%. This consistent upward trajectory highlights Bitcoin’s sustained growth and increasing adoption over time. The chart from Bitcoin Magazine Pro underscores the aggressive growth of Bitcoin’s adoption curve, driven by its limited supply of…
The infamous green amphibian meme, Pepe the Frog, has undoubtedly captured the attention of internet users worldwide since its inception in 2005. This simple yet captivating character has undergone a remarkable transformation, establishing itself as a symbol of meme culture. In 2016, Pepe secured a place in the digital art realm with its debut in the Rare Pepe NFT project on Counterparty and cementing its place in the world of NFTs with NFT giants like bitcoin art. Dive into this article to uncover the journey of an internet meme-turned-sought-after NFT collection. Rare Pepe: Tracing the Journey of a Provocative Internet…
Hexagon’s Manufacturing Intelligence division has launched its new digitalisation solution, Digital Factory, designed to help manufacturers build highly accurate digital replicas of their factories. It enables manufacturers to optimise their floor plans and quickly pivot production lines today, and operate smarter and more sustainable future factories with open interfaces that connect digital twins of shopfloor assets. Such solutions could save a global manufacturing company £35 million per year* by avoiding costly mistakes and offering a 50% reduction in the typical travel costs and the on-site training required. Hexagon is uniquely positioned to address this issue through its expertise in delivering…
Why Are NFTs Bad? This pressing question underscores today’s heated discussions around Non-Fungible Tokens (NFTs). Despite the buzz, many investors are left grappling with unsellable NFTs, questioning their value and security. This article cuts through the noise to examine the critical issues and legal challenges surrounding NFTs.We navigate the complex NFT laws, dissect the reasons behind the unsellable nature of some digital assets, and address the underlying problems fueling the skepticism. With focused insights, we aim to shed light on the darker aspects of NFTs to answer the question: are NFTs bad? Why Are NFTs Bad? The question “Why are…
An ambitious incidence of an attempted assassination of the ex-President of the United States of America, Donald Trump, is still a subject of active discussion in the political and economical fields. Besides the threats to his life, the consequences extend to numerous financial and digital items associated with MAGA. Of these assets, MAGA Coin is prominent, having received considerable interest from Trump supporters and the right-wing. This event could, in some way or another, affect MAGA Coin. Let me explain how: Fluctuations in the Market and the Mood of Investors Due to instability, investors can easily influence the value of…
Bitcoin’s significant stance in the financial landscape continues to receive commendations as United States Senator and crypto advocate, Bill Hagerty, has voiced out his support for BTC, stressing the necessity for the largest cryptocurrency asset to evolve and flourish in the country. Bitcoin Innovation Needs To Happen In The US The senator disclosed his firm support for BTC in a recent interview on Bloomberg Surveillance shared by Bitcoin Magazine on the X (formerly Twitter) platform. He highlighted the capability of BTC to propel economic growth, calling on legislators to enact laws that promote the advancement and acceptance of digital assets.…
Kraken, one of the world’s largest crypto exchanges, is the first official crypto and Web3 partner of English football club Tottenham Hotspur. This partnership announcement comes ahead of the 2024/2025 football season. Kraken’s logo will appear on the sleeves of both the Men’s and Women’s jerseys, giving the crypto exchange visibility on one of the most viewed pieces of “real estate” in global sports. The partnership between Kraken and Tottenham Hotspur is historic, marking a significant milestone in the integration of professional sports and cryptocurrency. As part of this collaboration, Kraken will also become the Official Crypto and Web3 Partner…
From being an underrated and very concealed digital currency to now declaring its potential to the world, crypto has come a long way. Similar to crypto, NFTs came from nowhere and today stand ahead of crypto.5 Ways to protect your NFT AssestWhen normal life is disturbed, innovation is often triggered, which gives rise to unexpected ideas which later become revolutionary. As a result, the Non-fungible tokens continue to make headlines. The NFT platform is reaching almost every industry today, not just digital arts or music.Non-fungible tokens, or NFTs, have emerged as a potential investment trend that, with some luck, could…