News

Reese Witherspoon Gets Her First NFT Amid Bitcoin Recovery

Reese Witherspoon purchases her first NFT.  She encourages women in the industry to connect with her.  The price of Bitcoin (BTC) continues to climb higher. While the crypto space did have a few hiccups this year, NFTs experienced the opposite. In Q3 of 2021 alone, the volume of NFT sales has surpassed $10.7 billion. This is a significant rise compared to previous quarters.  Many industries have been exploring the use cases of NFTs. To name a few, the entertainment and sports industry has begun to fully commit to the NFT market. Athletes, musicians, artists, and sports brands alike are all

2 mins read
Bitcoin Aids Afghan People in Difficult Times

Bitcoin enables people in Afghanistan to send money seamlessly BTC has become one of the primary modes of payment in the country Bitcoin played a vital role in the challenging event that the country of Afghanistan is currently facing. Specifically, Bitcoin provides an efficient way for people in Afghanistan to spend and transfer their money seamlessly. Furthermore, Bitcoin also brings hope to the people in the country that do not have a bank account.   In an interview with the Thomson Reuters Foundation, Mahboob, a founder of the non-profit Digital Citizen Fund explained: “It wasn’t feasible – or safe – to

1 min read
Weekly-Crypto-Market-News-Round-Up
Weekly Crypto Market News Round Up

McDonald’s China Creates Its Own NFT Despite China Crypto Ban Axie Infinity Reaches 2m Players Amid AXS Price Surge and More The crypto space is slowly getting better as days go by. In fact, it is seen that the crypto space has been pumping its market cap in the past few days. At the time of writing, the market cap of the entire crypto market amounts to over $2.4 trillion with a 24-hour growth rate of almost +1%.  The surge of Bitcoin is also one of the hottest topics in the crypto space in the past few days. This is

6 mins read
McDonald’s China Releases Big Mac Cube NFT Amid China Crypto Ban

McDonald’s China Released Big Mac Cube NFT The NFT is released to celebrate the 31st anniversary of McDonald’s in China McDonald’s, one of the world’s most famous and biggest fast-food chains in the world, enters the world of NFT. To be specific, In celebration of its 31st anniversary, McDonald’s China released its first NFT creative design called the Big Mac Rubik’s Cube. The Big Mac Cube NFT is a three-dimensional dynamic digital creative work inspired by the brand spirit of McDonald’s. Zhang Jiayin, CEO of McDonald’s China, explained: “McDonald’s is a young and trendy brand that has always paid attention

1 min read
Bitcoin Miners Begin Accumulating BTC
Bitcoin Miners Begin Accumulating BTC, Sparks New Bullrun

Bitcoin miners have begun to accumulate Bitcoin after weeks of selling.  This is a clear indication that Bitcoin is heading towards its next bullrun.  Crypto analysts are certain that Bitcoin will moon in the next few months. In lieu of Bitcoin breaking its $48,000 resistance point and soaring up beyond $50,000, the crypto and Bitcoin community seems to be joyously back on track. One example of this new firepower is the fact that Bitcoin miners are back to accumulating Bitcoin.  As we can see from the image attached to this tweet from Twitter user Tamil Crypto School, Bitcoin miners have

2 mins read
Bitcoin Lightning Network
Bitcoin Analyst — Lark Davis, Says Bitcoin Will Hit $200K

Bitcoin breaks the $48,000 resistance mark and is moving towards $50,000.  Crypto trader and analyst Lark Davis says Bitcoin could hit $200,000 in a few months.  He also commends Bitcoin for the opportunity it’s bringing to El Salvador. As the price of Bitcoin soars back up and breaks beyond its $48,000 resistance point, the crypto community rejoices. At the time of writing, Bitcoin has surpassed the $49,000 mark and is racing towards $50,000 and beyond.  Many analysts over the past quarter have been preaching about Bitcoin hitting $100,000 by the end of 2021. In fact, many are certain that this

2 mins read
Axie-Infinity-Reaches-2M-Players
NFT Gaming Craze Axie Infinity Reaches 2M Players Amid AXS Price Surge

Axie Infinity recently surpassed 2 million active daily players. The growth momentum was due to the game’s play-to-earn mechanic. AXS price also reached its all-time high due to the recent staking function. Popular NFT game Axie Infinity recently surpassed 2 million active daily players. The continuous rise was due to its play-to-earn mechanic, enabling players to receive SLP token and trade on crypto exchanges such as Binance. As the game’s Co-Founder Jihoz said, the game was able to achieve the milestone despite not being available on App Store and Play Store. At the moment, the game can only be accessed

1 min read
Bitcoin-BTC-Continues-to-Rally
Bitcoin (BTC) Continues to Rally, Slowly and Steadily

Bitcoin (BTC) will hit another bull run. PlanB believes the bull run will end after 6 months and not at 2021’s end.  BTC holders should go long. As we enter Q4, many crypto analysts are certain that the road to recovery is very much in tow. In particular, seasoned crypto trader and analyst — PlanB, shares his analytical prowess with his opinion on Bitcoin’s price chart.  In detail, PlanB says that he finished an on-chain analysis. To highlight, he says that we are midway towards the second leg of the bull market. In his opinion, there is not a single

2 mins read
El Salvador Buys 150 Bitcoins
Presidential Advice: El Salvador Buys 150 Bitcoins Amid Market FUD

El Salvador has purchased additional 150 bitcoins. In total, the country’s treasury now possesses 700 bitcoins. President Nayib Bukele announced the news amid widespread market FUD. Despite current market FUD, El Salvador President Nayib Bukele announced that the country has purchased additional 150 bitcoins. With the addition of the mentioned coins, the country now holds a total of 700 BTC in its national treasury. President Bukele backed up his tweet, saying “they can never beat you if you buy the dips.” He also added that it is “presidential advice”. BTC/USDT 1-day chart (source: TradingView) The crypto market has suffered a

1 min read
Reese Witherspoon Hits Like on Bitcoin Articles
Reese Witherspoon Hits Like on Bitcoin Articles. New Celebrity to Crypto Soon?

Reese Witherspoon recently interacted in Bitcoin articles. The articles were written by Lolli Head of Comms Aubrey Strobel. Reese has yet to confirm whether she owns cryptocurrency or is planning soon. Award-winning actress Reese Witherspoon recently interacted with articles that focus on chief cryptocurrency Bitcoin. While nothing is definite at the moment, this could hint that the actress is interested in the top cryptocurrency. According to a post by Aubrey Strobel, the actress interacted with her Bitcoin-related articles. Strobel is the Head of Communication of Lolli, a crypto rewards application that partners with shopping platforms. She is also the host

1 min read
MicroStrategy Buys $242.9M Worth of Bitcoin
MicroStrategy Buys $242.9M Worth of Bitcoin. Golden Cross Soon?

MicroStrategy has bought an additional 5,050 BTC for $242.9 million. The crypto market recently experienced another dump in September. A potential Golden Cross is forming. Bitcoin’s foremost institutional backer MicroStrategy announced that it has purchased an additional 5,050 bitcoins for $242.9 million in cash. According to CEO Michael Saylor, each BTC was purchased at an average of $48,099 per piece. Currently, the firm is now holding and managing a total of 114,042 bitcoins, which would amount to about $5 billion at the time of writing. MicroStrategy’s recent Bitcoin buy was welcome news within the crypto community, as the market is

1 min read
OpenSea NFTs Seeing Decline in Volume
OpenSea NFTs Seeing Decline in Volume Amid September Dump

Leading non-fungible token (NFT) marketplace OpenSea has witnessed a decline in the trade volume of digital assets sold on its platform.  As seen in the image above, only the top three NFTs, namely Loot, CryptoPunks, and Bored Ape Yacht Club have temporarily recovered. CrypToadz is also enjoying a green statistic as the 10th on the list. However, everything else is in the red. Nevertheless, OpenSea remains the top NFT marketplace, followed by the play-to-earn game Axie Infinity, according to DappRadar. The price and volume decline is also aligned with the recent crypto dump happening in September, which is widely known

1 min read