Crypto news
ESPN and Tom Brady’s Autograph ink multi-year NFT deal
ESPN and Autograph, the nonfungible token (NFT) platform co-founded by Tom Brady, announced a multi-year partnership on Wednesday that kicks off with a documentary release and an NFT collection. A 10-part ESPN+ documentary series called “Man in the Arena: Tom Brady” chronicles the milestones of the NFL legend’s career through a psychological and emotional lens. The docuseries is produced by Religion of Sports, a media company in which Brady is also a co-founder. Autograph and Religion of Sports designed the “Man in the Arena: Tom Brady Collection” to be ESPN’s first series of NFT collectibles. Dropping at the same time on Wednesday, the documentary is available to subscribers across the Disney streaming bundle — ESPN+, Hulu and Disney+ while the NFT collec...
Discover which top-performing tokens you should get on April 6
FXS, MINA and XEC are all solid-performing tokens. Each token has showcased a high level of growth. We are going to individually go over each token so you can see why they are worth buying. Frax Share (FXS), Mina Protocol (MINA), and eCash (XEC) are all high-performing cryptocurrencies on April 6. Each token has showcased high levels of growth, and we are going to go over each token so you can see why they are worth getting. Should you buy Frax Share (FXS)? On April 6, 2022, Frax Share (FXS) had a value of $32.19. The all-time high of the Frax Share (FXS) token was on January 12, 2022, when it reached a value of $42.80. When we go over the performance of the token throughout the previous month, Frax Share (FXS) had its lowest point on March 11, when it was worth $16.39. Its highest point w...
Boba Network to prioritise Ethereum’s computational constraints with a $45M funding
The $45 million Series A round was completed in the fourth quarter of last year via a token sale The hybrid computing platform aims to resolve the ignored scalability aspect of Ethereum – its computational limitations Ethereum overlay solution Boba Network has announced that it completed a $45 million Series A raise during Q4 of 2021. With a valuation of $1.5 billion, Boba has joined the ranks of unicorns within this nascent space. Without a lead investor, the hybrid computing platform enjoyed broad participation, with investors ranging from industry-native venture funds to celebrity figures. Infinite Capital, Crypto.com, Kinetic Capital, Huobi, Hack VC, BitMart, Will Smith, Keisuke Honda, and Paris Hilton were all involved. The network said that funding for the Series was secured via a to...
3 reasons why Ethereum price can hit $4K in April
Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in the week ending April 2, Google Trends’ data shows. Searches for the keyword “Ethereum Merge” reached a perfect Google Trends score of 100 on a 12-month timeframe with most traffic coming from the U.S., Singapore, Canada, and Australia. Internet trend score for the keyword ‘Ethereum Merge.’ Source: Google Trends Merge, also called ETH 2.0, refers to the Ethereum network’s full transition to Proof-of-Stake (PoS) from Proof-of-Work (PoW),...
Bitcoin transaction fees hit decade lows, here’s why
It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital. #bitcoin fees are at all-time lows. the craziest thing? fall 2021 was the first bull run not accompanied by a major spike in fees. how is that possible? what does it mean? here’s a thread explaining the most confounding (and awesome) chart in bitcoin. (remember june 2021) pic.twitter.com/gnWssTckX2 — Alex Thorn (@intangiblecoins) April 5, 2022 As shown on the graph below, the Bitcoin mean transaction fee has plummeted to 0.00004541 Bitcoin ($2.06) in 2022, while the median is 0.00001292 Bitcoin ($0.59) which is the lowest of any year except 2011, according to the report. Graph to show the fees trending down ...
UN agency accepts first stablecoin donations worth $2.5M to help Ukrainian refugees
The United Nations High Commissioner for Refugees (UNHCR), a UN agency for refugees, has accepted its first-ever crypto donations toward humanitarians aid for Ukrainians fleeing the war-torn nation. UNHCR accepted $2.5 million in Binance USD (BUSD) stablecoin donations from Binance Charity that would be utilized to rehabilitate and support refugees fleeing to neighboring countries from Ukraine. According to a report from the USA for UNHCR, more than 10 million people have been displaced from their homes in Ukraine, and the agency will use crypto stablecoin charity funds to provide legal and social assistance. Marie Grey, Executive Director and CEO of USA for UNHCR said that the crypto donation will prove vital in its efforts to help as many families as possible. Grey also lauded the global...
Female investors led crypto market growth in 2021, says new report
The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the Australian cryptocurrency exchange, the crypto market’s growth in 2021 was driven by utility. The BTCM Investor Study Report 2021 is an in-depth analysis of data from the BTCM exchange for the year 2021, divided by demographics (age, gender, investor type) to anonymously examine and analyze cryptocurrency investment habits among its 325,000 customers. As per the report, “crypto queens” or rather female investors on the platform have grown at a faster rate than their male counterparts. Female investors surged by 126% in comparison to male investors, who increased by 83%. According to the report, the most significant in...
Lightning Labs secures $70M from Valor Equity-led Series B raise
The Bitcoin-focused firm intends to use the funds to continue advancing its Lightning solutions Lightning Labs also proposed a new protocol, Taro, that will facilitate low-cost stablecoin transactions Lightning Labs yesterday shared news of a $70 million Series B raise, adding that the funds will go into projects set to introduce stablecoin and other asset transfers on Bitcoin. The funding round saw participation from several names, including asset management firm Baillie Gifford and Valor Equity Partners – the latter leading it. Other entities and individuals that took part are NYDIG, Goldcrest Capital, Kingsway, Stillmark, Brevan Howard, Moore Strategic Ventures, Silvergate CEO Alan Lane, and Robinhood CEO Vlad Tenev. The California-based, which focuses on the development of software tha...
Lightning Labs secures $70M from Valor Equity-led Series B raise
The Bitcoin-focused firm intends to use the funds to continue advancing its Lightning solutions Lightning Labs also proposed a new protocol, Taro, that will facilitate low-cost stablecoin transactions Lightning Labs yesterday shared news of a $70 million Series B raise, adding that the funds will go into projects set to introduce stablecoin and other asset transfers on Bitcoin. The funding round saw participation from several names, including asset management firm Baillie Gifford and Valor Equity Partners – the latter leading it. Other entities and individuals that took part are NYDIG, Goldcrest Capital, Kingsway, Stillmark, Brevan Howard, Moore Strategic Ventures, Silvergate CEO Alan Lane, and Robinhood CEO Vlad Tenev. The California-based, which focuses on the development of software tha...
Twitter debates the role of renewable energy in Bitcoin mining
It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives to build out renewables, but environmental scientist Peter Gleick rebuffed the statement as a “self-serving lie.” The comments section got heated when Nic Carter, Castle Island Ventures general partner and Coin Metrics co-founder, entered the chat and called out Gleick for allegedly not knowing anything about energy. Tell me you don’t know anything about energy without telling me — nic no credentials carter (@nic__carter) April 4, 2022 Carter proceeded to explain how energy markets work and defend cryptocurrency use in a thread o...
Twitter debates the role of renewable energy in Bitcoin mining
It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives to build out renewables, but environmental scientist Peter Gleick rebuffed the statement as a “self-serving lie.” The comments section got heated when Nic Carter, Castle Island Ventures general partner and Coin Metrics co-founder, entered the chat and called out Gleick for allegedly not knowing anything about energy. Tell me you don’t know anything about energy without telling me — nic no credentials carter (@nic__carter) April 4, 2022 Carter proceeded to explain how energy markets work and defend cryptocurrency use in a thread o...
Marathon Digital moves Montana BTC mine to pursue carbon neutrality
Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility to use sustainable power sources elsewhere. The Nevada-based company intends on relocating its coal-powered Hardin, Montana facility to a location that uses sustainable, non-carbon emitting energy sources. The move is aimed at helping the company reach its goal of full carbon neutrality by the end of 2022. Marathon CEO Fred Thiel stated in an announcement from the company that he is taking efforts to “ensure our miners are as sustainably powered as possible.” “With the majority of our fleet already scheduled to be deployed at renewable power facilities and deployments currently underway, we believe it is an appropriate time to transition our legac...
