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Pantera Capital CEO: Huge Blockchain Rally Incoming
Pantera Capital CEO: Huge Blockchain Rally Incoming

CEO of Pantera Capital Dan Morehead predicts a “massive rally as investors flee stock, bond, and real estate markets” for crypto. Morehead said BTC price swings will become moderate as the market becomes larger. However, the CEO said BTC “won’t see the 100x rallies anymore either.” The chief of a major American hedge fund thinks that Bitcoin (BTC) won’t be seeing a massive bear or bull market from now on. This means that the largest cryptocurrency’s movement will be less volatile moving forward. Pantera Capital CEO Dan Morehead shared his views about the major Bitcoin price cycles in a blog

Amazon CEO Is Very Bullish About Crypto and NFTs
Amazon CEO Is Very Bullish About Crypto and NFTs

CEO of Amazon Andy Jassy said that crypto will “become bigger.” Jassy also said that NFTs will “grow very significantly.” Amazon has been hiring crypto professionals over the past year. In an interview with CNBC on Thursday, CEO of Amazon Andy Jassy shared his thoughts about cryptocurrency and non-fungible tokens (NFTs). Jeff Bezos has been replaced by Jassy as the president and CEO of Amazon in July 2021. The Amazon CEO was the former head of Amazon Web Services (AWS) since it was established in 2003. With regards to whether Amazon will accept cryptocurrency to purchase products on its platform,

Messaging App LINE Formally Launches NFT Marketplace
Messaging App LINE Formally Launches NFT Marketplace

Social media giant LINE finally launched its NFT marketplace last April 13. LINE NFT offers more than 40,000 NFT products for sale. 90 million LINE users can trade purchased NFTs with their LINE friends. Earlier this month, CrytoNewsLand published news about LINE launching its NFT marketplace. On April 13, leading social media and messaging app announced that its NFT marketplace is now live. This new feature enables 90 million LINE users to trade NFTs with their friends after an NFT purchase. The operator of LINE’s crypto asset and blockchain businesses, LVC Corp, first announced LINE NFT, available exclusively in Japan.

Meta to Take 47.5% Cut From Selling in Its Metaverse
Meta to Take 47.5% Cut From Selling in Its Metaverse

Meta will charge fees of up to 47.5% from its creators that sell on its platform. Testing started last Monday to enable creators to explore ways to generate revenue. The company said a handful of creators were chosen to provide feedback on its test. According to a blog post, Meta mentioned that it is testing new tools inside its metaverse platform Horizon Worlds. These tools will help creators sell virtual stuff like fashion items and special access to parts of their virtual worlds. In addition, creators can also try different ways to generate revenue on the platform. Last year, Meta

Dogecoin Plans to Make DOGE Offline Transactions
Dogecoin Plans to Make DOGE Offline Transactions

Dogecoin Foundation is working to develop Dogecoin offline transactions. RadioDoge with the support of Elon Musk’s Starlink satellite network would allow offline transactions from happening. Developers disclosed that the main network received DOGE via its Dogecoin addresses created with the Libdogecoin. Product Lead at the Dogecoin Foundation Timothy Stebbing and Principal Engineer at the Foundation Michi Lumin collaborated to develop a new communication network that would enable Dogecoin offline transactions.  According to the blog post of Dogecoin Foundation, a “cheap and reliable Radio technology (HF/LoRaWAN)” they call RadioDoge is going to need the support of Starlink satellite network to allow

Circle To Apply for US Bank Charter Soon
Circle To Apply for US Bank Charter Soon

The issuer of USDC stablecoin Circle said it’s applying for a US bank charter soon. Circle CEO Jeremy Allaire said OCC is providing their full attention regarding the matter. If approved, Circle will be the newest member of the federally chartered crypto banks in the US. Crypto payments firm Circle Internet Financial LLC, the issuer of the USDC stablecoin, said it’s looking to apply for a US bank charter in the near future.  According to Bloomberg, the crypto payments firm revealed its plan for a bank charter in 2021. However, the company hasn’t submitted an application to the Office of

Trading Guru: Bitcoin Price To Grow 10X in 2 Years
Trading Guru: Bitcoin Price To Grow 10X in 2 Years

Popular trader Peter Brandt said Bitcoin could increase ten times in two to three years. Brandt also said that Bitcoin may congest if the increase doesn’t happen. Bitcoin’s dominance falls over 41%. According to a recent tweet from a popular futures trader Peter Brandt, Bitcoin (BTC) price could increase ten times in two to three years from now. On the contrary, the world’s largest cryptocurrency by market capitalization may carry on with its stretch of sideways trend for quite a while, Brandt said. The futures trader’s latest prediction was posted in response to a tweet posted by long-time Bitcoin advocate

Shiba Inu Up 20% After Whale Buy, Robinhood Support
Shiba Inu Up 20% After Whale Buy, Robinhood Support

A total of 2.41 billion SHIB burned to make the token more scarce and increase its price. A whale purchased a total of 775 billion SHIB ($20.8 million). Trading app Robinhood finally listed SHIB on its platform. The price of the popular meme coin Shiba Inu (SHIB) has increased up to 20% since the end of last week for three reasons. Firstly, Shiba Inu initiated a burning of 2.41 billion SHIB, shrinking the total supply and making it more scarce.  Secondly, a whale purchased an astonishing amount of 775 billion SHIB, worth more than $20 million at the time of

Man Mistakenly Sells $1M Clipart Rock NFT for -1 Cent
Man Mistakenly Sells $1M Clipart Rock NFT for -1 Cent

A $1 million worth NFT, EtherRock, has been sold by Dino Dealer for less than a cent by mistake. The new owner relisted the NFT for 234 ETH. Dino Dealer begged for a return but only received suspicious replies. Recently, a clipart-based image of a rock that was evidently appraised for over $1 million has been mistakenly sold for less than a cent. EtherRock is an early Ethereum-based non-fungible token (NFT) project way back 2017 that portrays numerous-colored rocks. These collections of slightly unique 100 clipart rocks have been sold for millions of dollars. Less than a week ago, an

Mark Zuckerberg Confirms NFTs To Arrive on Instagram
Mark Zuckerberg Confirms NFTs To Arrive on Instagram

Mark Zuckerberg confirmed that NFTs are coming to Instagram soon. However, didn’t provide details on how and when. In the future, old NFTs could be displayed and users can possibly mint new ones. He said NFTs could one day play a significant role in the company’s metaverse. Meta Founder and CEO Mark Zuckerberg recently confirmed that NFTs are coming through Instagram in a video interview with Daymond John at 2022 South by Southwest (SXSW) festival. Zuckerberg said “We’re working on bringing NFTs to Instagram in the near term”. Although he didn’t clarify on how the feature is going to work