Category: Reviews

Phemex Has Created a Sistine Chapel-Inspired NFT

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Phemex has created a non-fungible token (NFT) that contains a mosaic made up of QR codes from participating users. Phemex’s NFT of User QR Codes Singapore-based trading platform Phemex recently conducted a promotion in which Phemex users were asked to share their ETH address as a QR code. The exchange selected 1000 wallets out of 43,662 entries for inclusion in a piece of NFT art. Those 1000 users will share income from the final winning bid when the auction ends in ten days. So far, Phemex CEO Jack Jao has…

Oracle Tokens Chainlink, Band Protocol Enter New Bull Rally

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Key Takeaways Chainlink continues trending upward, making a new record high of $44.30 recently. Likewise, Band Protocol broke out of a seven-month-long bullish continuation pattern to hit a new all-time high of $23.30. Further buying pressure could push these cryptocurrencies even higher regardless of the recent gains. Share this article Chainlink and Band Protocol have recently made new all-time highs. Though some investors may take advantage of the rising price action to book profits, these cryptocurrencies show no signs of slowing. Chainlink Looks Unstoppable Chainlink made headlines after releasing a…

Stateless Money Launches Index Token for Polkadot

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Key Takeaways Polkadot Index Network Token (PINT) will give holders exposure to the top projects in the Polkadot ecosystem. PINT will be developed by Stateless Money, a Polkadot staking service provider, in collaboration ChainSafe. PINT’s overall development will be overseen by a governing council that consists of Polychain Capital, Hypersphere Ventures, HashKey Capital, Acala, and Stateless. Share this article Stateless Money, a staking service that manages $150 million worth of assets, announced it would launch an index token for Polkadot. Index Investing Comes to Polkadot Polkadot is a fast-growing interoperable…

BlackRock CEO “Fascinated” by Bitcoin, Watching Closely

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Key Takeaways The chief executive officer of BlackRock said that he is not seeing significant institutional inflows or interest in cryptocurrency. BlackRock’s Larry Fink says cryptocurrency has the potential to evolve into a “great asset class.” Goldman Sach’s CEO expressed similar sentiments in an earnings call yesterday. Share this article The CEO of BlackRock, a firm with $8.6 trillion in assets under management (AUM), told the media the “cryptocurrency might become a great asset class.” However, there is “little” interest among institutional investors at the moment.  BlackRock’s Bitcoin Outlook The…

France’s 3rd Largest Bank Launches Tokenized Debt on Tezos

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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may…

NFTs Are the “Gateway Drug to Crypto,” Says CoinGecko

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Key Takeaways According to Bloomberg, NFTs have become one of the main factors influencing the adoption of cryptos. Search volumes for NFTs as well as trading volumes skyrocketed to record highs in Q1 2021. The same popularity rise could extend over the rest of the year, even though inflation fears may spell trouble for the financial markets as well as crypto. Share this article A new report from CoinGecko suggests that the popularity of NFTs during Q1 2021 has been a key driver in raising awareness for the broader crypto…

Gensler Confirmed As SEC Chair, Safe Harbor Updated

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Key Takeaways The U.S. Senate has passed a vote that will make Gary Gensler the next chair of the U.S. Securities and Exchange Commission. Meanwhile, SEC Commissioner Hester M. Peirce has published an updated version of her “Safe Harbor” proposal. Both developments could create a better regulatory environment for up-and-coming crypto projecs. Share this article The U.S. Securities and Exchange Commission has seen two developments. Gary Gensler has been approved as the next SEC chair, while its Safe Harbor crypto plan has been updated. Gensler Approved By Senate On Apr.…

Coinbase Marks IPO With Memo on Bitcoin Blockchain

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Coinbase has commemorated its public Nasdaq listing by posting a message to the Bitcoin blockchain. Coinbase Refers to Relief Bill Coinbase embedded a message that referred to a New York Times news headline from Mar. 10, 2021 that discussed the U.S. government’s trillion-dollar COVID-19 stimulus plan. The headline reads: “NYTimes 10/Mar/2021 House Gives Final Approval to Biden’s $1.9T Pandemic Relief Bill.” Coinbase asked the mining pool F2Pool to encode the message on block 679,187 of the Bitcoin blockchain, the first block mined after Coinbase was listed on the Nasdaq stock…

Coinbase Hits $103B Valuation in Landmark Public Listing

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Key Takeaways Coinbase’s COIN shares have gone live on NASDAQ. COIN is trading at $395, putting the company’s valuation at $103 billion. The event has been widely celebrated as a groundbreaking moment for the cryptocurrency space. Share this article Coinbase makes history as the first cryptocurrency company to go public.  Coinbase Goes Public in First for Crypto  Coinbase is now live on NASDAQ.  COIN shares were trading at $381 on market open Wednesday, significantly up from the initial $250 reference price NASDAQ set yesterday.  Coinbase filed 261.3 million Common Stock…

VeChain to Consolidate Before Next Major Price Movement

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After a recent poll that deemed VeChain one of the most undervalued altcoins in the market, VET embarked on an uptrend that has seen it make new all-time highs.  VeChain May Slow Down  Salesforce’s decision to start testing enterprise adoption ideas on top of the VeChainThor blockchain has been the catalyst that pushed this cryptocurrency to new horizons.  VET’s market value has risen by nearly 70% since the announcement was made, going from $0.106 to a new all-time high of $0.176.  VeChain’s recent price action seems to have shaped a bull flag on…