Author: cryptodigitalnow

The Metaverse, NFTs, and Web3 are frequent buzzwords we often hear within the blockchain space. It can be challenging to gauge between hype and utility from an investment standpoint. Similarly, the retail business sector and its customers find such terms equally confusing as brands and businesses move towards this new frontier of digital marketing, development, and consumer connectivity. Both investors and businesses alike need to understand the capabilities of these innovative and emerging markets in a simple and comprehendible way. Day 1 of the BSV Global Blockchain Convention in Dubai showcased a panel moderated by CNBC Arabia Anchor Hussein Sayed. This…

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WASHINGTON — Protect Our Future, a political action committee bankrolled by cryptocurrency billionaire Samuel Bankman-Fried, spent $914,944 to boost three Illinois Democratic primary candidates, including $500,065 for television ads to support Jonathan Jackson’s 1st Congressional District bid, according to Federal Election Commission records.Protect Our Future spending is what the FEC calls an “independent expenditure,” with the PAC by law prohibited from coordinating or communicating with a candidate’s campaign. A Sun-Times examination of this political spending found: The Protect Our Future’s cash play comes as Jackson took an interest in the federal-regulated digital asset industry. He is closely connected to the…

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Bitcoin BTC , ethereum and other major cryptocurrenices have crashed this year, with around $2 trillion erased from the combined market capitalization in a matter of months. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price has this weekend fallen below $20,000 per bitcoin, a milestone bitcoin first passed in late 2017 before falling into a multi-year bear market that some fear could be about to happen again. Ethereum and other top ten cryptocurrencies BNB BNB , XRP XRP , solana, cardano and dogecoin have also crashed back. Now,…

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A view of a representation of cryptocurrency Bitcoin plunging into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterJune 19 (Reuters) – Bitcoin on Sunday rose around 7.6% to $20,404 from its previous close, signaling a recovery from a sharp drop on Saturday.Bitcoin, the world’s biggest and best-known cryptocurrency, is now up 16.7% from this year’s low of $17,592.78 on June 18, when it tumbled on investor worries about growing troubles in the crypto industry and amid a general pull-back from riskier assets. read more Andrew Brenner, head of international fixed income…

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By Tina Bellon(Reuters) – Bitcoin on Sunday rose around 7.6% to $20,404 from its previous close, signaling a recovery from a sharp drop on Saturday.Bitcoin, the world’s biggest and best-known cryptocurrency, is now up 16.7% from this year’s low of $17,592.78 on June 18, when it tumbled on investor worries about growing troubles in the crypto industry and amid a general pull-back from riskier assets.Andrew Brenner, head of international fixed income at National Alliance Securities, on Sunday said the rise in Bitcoin was likely the result of retail investors buying up the digital currency over the weekend, when few professional…

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A widely followed crypto strategist is unveiling his top altcoin picks amid the crypto pullback, which includes Ethereum (ETH) and three of its challengers. Michaël van de Poppe tells his 611,800 Twitter followers that he is positioned for huge rallies in smart contract platforms Ethereum, Cardano (ADA), Avalanche (AVAX) and Fantom (FTM), as well as blockchain scaling solution Polygon (MATIC). “I’ve bought approximately 1.1 million FTM tokens around $0.21-$0.22 for around $245,000. Got some more longs on ETH, ADA, MATIC, AVAX totalling around $650,000 in longs. Ready to sell for 30-150% profits. All are actually already positions and filled.” Van…

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The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele, has spoken up about bitcoin investments amid BTC’s heavy sell-off. El Salvador has purchased 2,301 bitcoins since the country made BTC legal tender alongside the U.S. dollar in September last year. With the price of bitcoin plunging, El Salvador’s BTC investment has reportedly lost 50% of its value, or over $50 million. “I see that some people are worried…

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The crypto-winter turned crypto-blizzard has led to tokens facing some of their most difficult days. Cardano [ADA] is one such altcoin that has receded back into the bearish zone. Additionally, the bearish zone at this point has become the crypto’s second home, especially considering its performance over the last year. However, every time Cardano… … slipped into this area, it has only sustained the bearishness for a period of 50-60 days. Except for once during the October to December decline, right after its ATH, which lasted for 106 days. Historically, right after this period, ADA has been known to spike…

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CASTLE ROCK, Colo., May 10, 2022 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. ( RIOT) (“Riot,” “Riot Blockchain” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and hosting, reported financial results for the three-month period ended March 31, 2022. The unaudited financial statements are available on Riot’s website and here. “We are extremely proud of the progress that Riot continues to make, having achieved record levels of net income, revenue, hash rate and Bitcoin mined in the first quarter,” said Jason Les, CEO of Riot. “Our vertically integrated business strategy of owning, operating and manufacturing has accelerated our growth…

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The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the bear market is a time to plant trees or create memes. For those with kids, it’s a welcome recess used to broaden the minds’ of Bitcoin (BTC) minors. Cointelegraph spoke to the creators of popular Bitcoin-related games and educational tools to understand why teaching kids about sound money is critical, and some of the best ways of doing so. SHAmory, a portmanteau of SHA-256 (the cryptographic function that hashes inputs in Bitcoin) and memory, is among…

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