It’s not been a good year for Bitcoin, the world’s largest cryptocurrency. Less than three months ago, with BTC trading close to $69,000 on the charts, many expected the crypto to hit $100k soon. Alas, that didn’t happen. In fact, Bitcoin dipped and depreciated. And, did so very significantly. While the last 10-14 days have […]

The host of popular crypto analysis and market commentary show Coin Bureau says that 2022 will be a big year for Cosmos ($ATOM), which is “an ecosystem of networks and tools for creating interoperable blockchains.”  Speaking in a recent YouTube video, Coin Bureau’s host “Guy” said he was bullish on Cosmos, predicting it would have […]

The host of the popular market analysis and crypto commentary show Coin Bureau says that the industry is completely different from the “crypto winter” of 2018-2019.  Speaking in a recent YouTube video, Coin Bureau’s host “Guy” commented upon the growing concern that the crypto markets have entered a bear market, with some analysts claiming price […]

This article looks at highlights from a recently-released comprehensive report on layer one blockchain Cardano ($ADA) by Kraken Intelligence, the research arm of crypto exchange Kraken. Kraken’s 42-page highly impressive research report, which is titled “Cardano: A new generation in smart contract platform design”, was released a couple of days ago. After the introduction, the […]

Bitcoin and several leading digital currencies have experienced heavy price drops in recent days. Many analysts now fear that things are going to get a lot worse, and that a crypto winter may potentially be heading our way. Analysts Are Worried About a Crypto Winter On Monday, bitcoin briefly fell below the $33,000 mark, meaning...

The post Is a Crypto Winter Coming Our Way? Analysts Weigh In appeared first on Live Bitcoin News.

Basketball player LeBron James is the latest celebrity to join Crypto.com‘s high-profile marketing campaign, which already includes actor Matt Damon and the naming rights to a Los Angeles sports facility. The LeBron James Family Foundation (LJF) and Crypto.com announced a multi-year agreement on Friday to support Web3-related ‘educational and professional development initiatives’ that help students and families create a ‘solid foundation in Web3 and…blockchain-based decentralized applications.’ Web3 (or Web 3.0) refers to what some see as a more egalitarian and fair internet. Its proponents argue that it is decentralized, providing consumers more control. The relationship with James is part of Crypto.com’s huge marketing push in recent months, which has enlisted the help of Hollywood luminaries and cost the company more than $1 billion. The Singapore and Hong Kong-based exchange secured a $700 million contract in November to have its name emblazoned on the former Staples Center, which is now home to the NBA’s Los Angeles Lakers (James’ franchise) and Clippers. The company earns a share of crowd transactions at the venue as part of the arena naming rights contract, and even more if the transactions are conducted using Crypto.com’s app. In October, Crypto.com debuted television advertising showing Damon, a corporate investor who has since become the brand’s face. The Damon-led series of ads, which will also include NBA player Carmelo Anthony, mixed martial artist Ronda Rousey, and South Korean rapper Lee Chae-rin, nicknamed CL, cost $100 million to develop. Crypto.com declined to comment on whether James would feature in a commercial as part of the new collaboration. According to Bloomberg, the corporation has also invested another $400 million in other sports sponsorship deals, including with the Ultimate Fighting Championship (UFC), Formula 1 motor racing, and elite ice hockey, football, and soccer clubs. In December, Crypto.com CEO Kris Marszalek told Fortune that the platform’s goal is to become the next ‘killer app…like Instagram, but for the crypto world.’ He indicated at the time that the company was profitable on $500 million in revenue during the April to June 2021 quarter. Crypto.com had 10 million users a year ago, but according to a representative, that figure has increased dramatically since then. Hackers stole almost $30 million in cryptocurrency from 483 Crypto.com customer accounts earlier this month; the business later refunded those users. Celebrities are increasingly being used by crypto firms, metaverse platforms, and digital asset efforts, such as non-fungible token (NFT) projects, to generate attention. NBA player Steph Curry, for example, just debuted a digital shoe NFT collection and owns an NFT from the Bored Ape Yacht Club, a popular NFT collection featuring bored-looking digital apes in various colors and clothes. Meanwhile, Paris Hilton, a reality TV celebrity, and DJ Steve Aoki just performed in the metaverse. In the Sandbox, one of the most popular metaverse platforms, Warner Music is constructing a concert-themed theme park. Celebrities promoting cryptocurrency and other hot internet-based enterprises, on the other hand, have been chastised. Investors filed a complaint in early January, saying that celebrity marketers of the crypto asset EthereumMax misled them through fraudulent and deceptive social media posts. The complaint names reality celebrity and influencer Kim Kardashian as well as boxer Floyd Mayweather. Skeptics also worry about a coming ‘crypto winter,’ which refers to a significant decrease in cryptocurrency prices followed by months of decline. Bitcoin and Ethereum, the two most prominent cryptocurrencies, have lost over 40 percent of their value since November.

The post LeBron James Teams With Crypto.com to Bring Digital Education to Students appeared first on Cryptoknowmics-Crypto News and Media Platform.

The post SOL, MATIC, And ONE Lining For 5X Growth In 2022! Right Time To Enter The Trade? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Cryptocurrency prices continue to take a beating, yet value-focused traders might consider taking a keen look at Solana, Polygon, and Harmony. The pain trade has been an unsolicited sight across the crypto-verse since January 1st. In addition to the adverse market sentiments, network congestion appears to have wiped out a majority of the gains. Veterans …

After a rollercoaster January, Wall Street is now expecting the Fed to aggressively raise interest rates over the course of the year as they scramble to control inflation. The US dollar is once again king as most economists are now expecting the Fed to deliver anywhere between 3-7 rate hikes this year. The upcoming week […]

Metaverse and blockchain gaming tokens are starting to come out of the crypto winter.…

The post Enjin Coin (ENJ) rallies slightly – Can it find enough bullish momentum in the near term? appeared first on Coin Journal.

With the bloody crypto-market sell-off led by Bitcoin outpacing a market retreat in the U.S. stock market, various investors are now turning their attention to Michael Saylor’s business intelligence firm, whose Bitcoin investments seem balanced on a knife-edge. There is no doubt that Michael Saylor is one of the most popular Bitcoin investors out there, with […]

Globally, cryptocurrency has never been in sharper focus.Following suit from a historic 2021 spanning El Salvador’s Bitcoin adoption to all-time high market prices,...