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Analysis Watch: With Bitcoin prices now frequently crashing to steep lows, will prices now rise or fall even further? Dubai: Bitcoin prices tumbled this week after China’s central bank reiterated that the digital tokens cannot be used as a form of payment in the country. Adding to that, Tesla founder Elon Musk complained about the fossil-fuel usage sustained by the cryptocurrency's energy needs while reversing his pledge to allow purchases of cars with the largest token. The virtual currency has lost about 40 per cent of its value since April 13 when it hit a high of mo...

With Bitcoin price falling to the low $40,000 range, debate has picked up on if the once trending cryptocurrency's bull run is now over. There's no truly

Jenny Wang is an investor at Neo and cofounder of re-inc, a streetwear apparel company. In April, she helped mint a trio of NFTs for three US Women's soccer team players and World Cup champions. Wang hopes NFTs will inspire more BIPOC creators to make and profit from their own artwork. This past month, I helped mint a trio of Non Fungible Tokens for three of the US Women's soccer team players and World Cup Champions — the first NFTs to be released by elite female Olympic athletes. It was an artistic experiment. We did it quickly — wanting to get the set of NFTs out there early to show any...

Smart Contracts Account for Almost 23% of Ethereum (ETH) Supply Last Updated: 12 May 2021 Ethereum (ETH) has surged in value by over 400% since January 2021 and the main reason is the popularity of DeFi protocols, with a growing portion of ETH supply committed to the sector. Glassnode, a leading on-chain analytics company, has published a report analysing smart contracts on Ethereum. It shows that smart contracts currently hold 22.8% of the total ETH supply. This percentage increased from 16%. Furthermore, the supply of Ethereum on leading crypto exchanges has sharply decl...

Crypto wunderkind’s tokens surge to top of best-performing list SECTIONS Last Updated: Apr 28, 2021, 07:39 AM IST Share ETCFO Related By Olga Kharif Cryptocurrency FOMO is playing out in real time for just about any token associated with Sam Bankman-Fried, head of the trading firm Alameda Research and the FTX derivatives exchange. In the past week, Solana -- or SOL -- has jumped more than 40%, making it the top performing large coin among those tracked by CoinMarketCap.com, and increasing its market value to about $11.6 billion. Serum, a token used on the new decentralized derivatives excha...