Upland, the virtual property trading game, recently made waves with the addition of Paris to its Metaverse. This expansion allowed players to own and develop virtual properties in one of the most famous cities in the world. The introduction of Paris created a buzz among the Upland community, with 75% of properties being snatched up
Promising
Recently, a crypto analyst known as ‘Sensei’ made waves in the industry with a bold prediction for Bitcoin. The analyst suggested that Bitcoin could potentially reach $72,000 in the near future. This forecast was based on a bullish surge in Bitcoin’s price following what many believed to be a bear trap in the market. Sensei
The latest data from crypto asset manager CoinShares has revealed a significant uptick in investor confidence in the crypto market. According to the ‘digital asset fund flows weekly report,’ digital asset investment products saw a total of $176 million in inflows last week. This surge in inflow signals a strong positive sentiment across the board,
Toronto-based Bitcoin mining company Bitfarms reported a total revenue of $42 million, marking a 16% decline quarter-over-quarter. This decrease is attributed to the reduction in block rewards resulting from the BTC halving event on April 19, 2024. Bitfarms reported a net loss of $27 million, or $0.07 per share, which includes a $1 million non-cash
In a recent report from Grayscale Research, analysts have expressed optimism about Bitcoin potentially revisiting its all-time high later this year, contingent upon the U.S. economy avoiding a recession. This positive outlook comes following a period of stabilization in both the cryptocurrency market and broader financial markets, which experienced sharp declines from August 2 to
XRP, the cryptocurrency associated with Ripple Labs, has recently shown a significant surge in its price, outperforming other major digital assets. In just one day, XRP experienced a price increase of almost 20%, reaching $0.64 before retracing slightly to $0.61. This spike has led to a monthly gain of 42%, indicating a bullish trend for
A notable Bitcoin whale, identified as 12QVs…oN2qo, recently made headlines for accumulating nearly $400 million worth of Bitcoin between July 30 and 31. This strategic move indicates the whale’s confidence in Bitcoin’s future price trajectory and the potential for substantial profits. Strategic Withdrawal from Binance The whale’s significant purchase of 5,800 BTC from Binance further
In a bold move, Futu Securities International, the largest online broker in Hong Kong, has ventured into the world of retail cryptocurrency trading. This development aims to attract investors by offering them the opportunity to trade bitcoin and ether on the brokerage platform with Hong Kong or US Dollars. Futu has partnered with HashKey Exchange,
Cardano (ADA) is making waves in the cryptocurrency market as it competes with Ethereum in terms of large transaction volume. The recent surge in transaction volume indicates a wave of accumulation among ADA’s large holders. Data from market intelligence platforms like IntoTheBlock and Santiment show that Cardano whales have been actively adding to their positions,
The Elliot Wave theory has gained significant popularity among Bitcoin analysts due to its effectiveness in forecasting the future price movements of the cryptocurrency. In a recent analysis by pseudonymous crypto analyst XForceGlobal, the analyst utilized the 5-wave Elliot Wave theory to predict the potential trajectory of the Bitcoin price. According to XForceGlobal’s analysis posted