Massive short squeeze pushes Bitcoin closer to $ 40K, crypto economy jumps 9% higher – markets and prices Bitcoin News

Bitcoin price jumped over 15% in three hours on Sunday evening and came very close to the $ 40,000 mark. Since then, the crypto asset has declined a few percent and is currently hovering above the USD 38,000 area. The entire cryptocurrency economy grew 9.72% to $ 1.53 trillion. The price of Bitcoin explodes after …

Analyst Jim Cramer calls Ethereum the “pied piper of crypto,” but won’t expand its position – Bitcoin News

CNBC’s equity analyst and crypto investor Jim Cramer says he is still optimistic about investing in Ethereum after removing Bitcoin from his portfolio. Three days ago, Cramer tweeted that he was “sticking to” his Ethereum position, “but not adding anything”. Jim Cramer: “Aether is a Pied Piper Safety” A number of CNBC broadcast hosts are …

A deeper dive into the mysterious ‘pirate token’ soft launch of Pirate Bay – Bitcoin News

In mid-May, the popular and perhaps the biggest torrent tracker on the internet, The Pirate Bay mysteriously revealed a new cryptocurrency called the Pirate Token (TPB). The token has seen a 20% gain in 30 days and after the quiet start, the torrent tracker’s website stated that the new pirate token is a smooth start …

Users criticize Uniswap’s decision to remove over 100 tokens from the main interface – Exchanges Bitcoin News

Uniswap is the largest decentralized exchange platform (Dex) in terms of trading volume and has announced that the Dex has removed a number of tokens from the platform interface. The community believes that the tokens could be viewed as securities by global regulators. Uniswap users can still exchange these tokens by accessing certain smart contracts …

New York Town laments roadside “littered” with Bitcoin miners – officials plan to impose a 90-day moratorium – Mining Bitcoin News

Massena, a county seat in St. Lawrence, New York near the Canadian border, is another region of the state that has problems with Bitcoin miners. According to the latest reports from the local newsroom on WWNY-TV and Reuters, the city supervisor of Massena is drafting new regulations for Bitcoin mining operations. Officials from the city …

Reddit uses Arbitrum’s Layer 2 technology with Community Point ETH-based tokens – Bitcoin News

On July 22nd, developers working on the Reddit platform, the forum for aggregating social messages, revealed that the team is scaling Reddit’s community points program with the Arbitrum Ethereum Layer-2 solution. Reddit developers are currently testing the community point tokens on the Rinkeby test network and will migrate to the Ethereum mainnet after the test …

Ethereum Gaming Token Axie Infinity Hits Another All-Time Price High – Markets And Prices Bitcoin News

On Friday, the game token used in the Axie Infinity gaming realm hit an all-time high again at $ 32.17 per unit. The game token has outperformed the vast majority of crypto assets by making more than 844% in profits over the past month. Axie Infinity outperforms crypto competitors The cryptocurrency community is chatting about …

Goldman Sachs Survey Shows Family Offices Flock To Crypto Investing – Finance Bitcoin News

High net worth families are turning to cryptocurrency investing, according to a recent Goldman Sachs survey that found that nearly half of the company’s family office clients are curious about investing in crypto assets. A Goldman Sachs executive said a large proportion of the company’s family office customers are asking about blockchain and cryptocurrency technologies. …

Tom Brady’s NFT platform ink deal with Draftkings and Lionsgate – Bitcoin News

On Wednesday, the non-fungible token (NFT) platform Autograph, co-founded by Super Bowl champion Tom Brady, announced a strategic partnership with Draftkings and Lionsgate. Draftkings Inc. also announced on Wednesday that the publicly traded company is launching an NFT marketplace for NFT digital collectibles. Tom Brady’s autograph brings a star-studded line-up, signs a deal with Lionsgate …

NFT Marketplace Opensea Raises $ 100M – Company Becomes Blockchain Unicorn – Finance Bitcoin News

Opensea is the newest non-fungible token (NFT) focused company to raise funds this year as the company announced this week it will raise $ 100 million in a Series B. The venture capital company Andreessen Horowitz led the Opensea financing round together with investors such as Kevin Durant, Ashton Kutcher and Tobi Lutke. NFT Marketplace …