03/08/2023

Amazon Enters the NFT Arena. Will it be a Game-Changer for the Industry?

Amazon, the largest online retailer in the world, is getting ready to launch its marketplace for non-fungible tokens (NFTs), which will signal the company's entry into the dynamic and rapidly expanding digital art industry. According to the most up-to-date information that was made accessible by The Big Whale, it appears that the NFT marketplace on Amazon will go live on April 24th

Non-fungible tokens are unique digital assets that are verified using blockchain technology. They can represent anything from digital art, music, videos, collectibles, and even virtual real estate.

Amazon's decision to enter the NFT market could potentially bring a massive shift in the digital art industry, making it more accessible to a wider audience. The company's large user base and reputation for efficient and secure transactions could be a significant advantage in this new market.

Amazon is reportedly planning to make available approximately fifteen collections at the start through the website's "Amazon Digital Marketplace" section. Initially, only the United States will have access to this tab. Europe and the rest of the world will be gradually granted access to the platform. Also, the opening of Amazon Digital Marketplace has been delayed twice due to the failure of the FTX cryptocurrency exchange among other reasons, which rattled the entire sector.

While the company has not yet released any specific details about the launch date or features of the marketplace, speculations are rife that Amazon's entry could potentially disrupt the current NFT market. The move has already generated a lot of excitement among NFT creators and collectors, with many hoping that the platform will offer a more streamlined and accessible way to buy and sell NFTs.

Moreover, Amazon's entry could also pave the way for more established companies to enter the NFT space, creating an even more competitive market that could drive innovation and creativity in the digital art industry. While it remains to be seen how the marketplace will operate, there is no doubt that Amazon's entry could potentially disrupt the current NFT market and pave the way for more innovation and growth in the industry.

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03/30/2023

$30,000 for Bitcoin in April 2023: Experts Debate Price Predictions

The end of April is much anticipated by investors, as they hope Bitcoin will regain momentum and reach a higher level. Since 2023 took off, the value of Bitcoin has risen by nearly 65 % alongside other popular crypto assets. Bitcoin's price has spiked over 20% from March 1, when it was trading roughly above $23,000, and briefly passing $29,000 on March 30. This is part of a larger trend toward reclaiming the psychological $30,000 mark.

03/28/2023

CFTC Sues Binance: World's Largest Crypto Exchange Accused of Violating U.S. Law

On March 27th, 2023, news broke that the Commodity Futures Trading Commission (CFTC) had filed a lawsuit against Binance, the world's largest cryptocurrency exchange, and its founder, Changpeng Zhao. The regulator claimed that Binance operated a derivatives trading operation that enabled U.S. residents to trade futures, swaps, and options on cryptocurrencies in violation of federal law since at least July 2019

03/27/2023

First Citizens BancShares Buys Failed Silicon Valley Bank

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03/24/2023

Arbitrum's Highly-Anticipated Airdrop: The Wild Ride of ARB Token

Arbitrum's highly anticipated token airdrop has finally gone live, but not without causing a stir in the cryptocurrency market. The landing page for the project briefly crashed as the project opened the gates to its ARB token, along with Arbiscan, causing frustration for users. In the first 30 minutes following the opening of the claiming window, the blockchain explorer saw a record number of over 84,000 visitors

03/23/2023

Bitcoin's Wild Ride: Highs and Lows as Fed Signals Tightening

Bitcoin's surge earlier this week was short-lived as it dipped to slightly above $27,000 on Wednesday afternoon following the Federal Reserve's announcement of a quarter-point rate hike

03/21/2023

Coinbase Tests ChatGPT. Will AI Change Crypto Industry?

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03/20/2023

Arbitrum Launches ARB Token and Boost Decentralization

Arbitrum, a major player in Ethereum's layer 2 scaling arena, has announced the introduction of a new token called ARB. The Arbitrum Foundation stated on Thursday that the token will be distributed to community members on March 23rd via airdrop

03/17/2023

Stablecoin Imbalance: USDC Sales Cause Tether Trading Madness

The on-chain data reveals that trading firms were quick to capitalize on the USDC stablecoin's temporary repeg. While this strategy comes with risks, it shows that high-frequency traders are always on the lookout for arbitrage opportunities that can yield significant profits

03/17/2023

The Ethereum Shanghai Upgrade is Coming. What Will Happen to ETH Price?

The Ethereum Shanghai upgrade, also known as Shapella, is set to go live on April 12, according to a recent announcement by the network's developers. The upgrade includes Ethereum Improvement Proposal (EIP) 4895, which will allow users to withdraw their staked Ether from the Beacon Chain, increasing market liquidity and making it easier for users to access their funds along with three additional improvements aimed at optimizing gas costs for specific activities

03/14/2023

Huobi Now Has a $100 000 000 Liquidity Fund: What Does It Mean?

Not so long ago, Huobi launched a 20 000 BTC investor protection fund to help users out in case of force majeure. As if that wasn’t cool enough, now there’s a $100 000 000 liquidity pool to protect the token from dropping. Cuteness overload!

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In the world of cryptocurrency, security is of utmost importance. With the popularity of cryptocurrencies, hacks, and security breaches come along. Cold storage of digital assets has emerged as an increasingly popular option for those seeking increased protection. This article will examine the advantages and disadvantages of cold storage and show you how to select the optimal solution for your needs