The co-founder of Reddit has predicted that 90 per cent of the gaming market will be Play-to-Earn games within the next five years.Alexis Ohanian said the emerging model – which uses blockchain technology to issue in-game crypto tokens that can be exchanged for real-world currency – will allow people to make significant amounts of money…
Bitcoin suffered significant losses at the start of 2022 but its price has since shown signs of recovery (Getty Images)Bitcoin remains stubbornly immobile at the start of the week, though some crypto analysts believe it is approaching a moment of reckoning. The cryptocurrency shifted in price by less than 1 per cent over the weekend,…
Tesla is now selling merchandise in exchange for dogecoin.Chief executive Elon Musk announced that the company would start taking the cryptocurrency – which began as a joke, but has since received public support from a number of advocates – in exchange for a variety of items.“Tesla merch buyable with Dogecoin,” Mr Musk tweeted.That includes a belt buckle…
The head of a Swiss bank has predicted bitcoin will hit new record highs in 2022, based on his firm’s analysis.Seba CEO Guido Buehler said the cryptocurrency could reach as high as $75,000 over the next 12 months as more institutional investors embrace it.Follow our live coverage of the crypto marketSpeaking to CNBC at the…
The price of bitcoin has continued to rebound on Wednesday, after briefly crashing below $40,000 at the start of the week. The cryptocurrency experienced the longest continuous decline since 2018 in the first week of January, with market analysts warning that a severe sell-off could take place take place if it falls below the key…
Kim Kardashian and Floyd Mayweather have been named among the defendants of a lawsuit regarding a cryptocurrency called EthereumMax, which plaintiffs claim was used in a “pump and dump” scheme by the celebrities.Both Kardashian and Mayweather promoted EthereumMax – which is unrelated to the cryptocurrency Ethereum – resulting in dramatic price swings for the digital…
Bitcoin is approaching a market pattern known as a “death cross” after experiencing one of the worst price slides in recent years.The cryptocurrency dipped below $40,000 on Monday following seven straight days of losses, marking the longest losing streak since August 2019 and the worst start to a year since 2012. Follow our live coverage…
The price of bitcoin has managed to rebound slightly on Tuesday, after briefly crashing below $40,000 at the start of the week. The cryptocurrency experienced the longest continuous decline since 2018 in the first week of January, with market analysts warning that a severe sell-off could take place take place if it falls below the…
Bitcoin is currently experiencing its worst price slump in nearly four years, having lost nearly 40 per cent of its value in just two months.The cryptocurrency fell in price for seven days in a row over the last week, CoinDesk noted, marking the longest losing streak since August 2018. It comes just two months after…
The price of bitcoin has managed to stabilise on Monday, having experienced the longest continuous decline since 2018 at the start of the year.The cryptocurrency is holding above the key psychological barrier of $40,000, though market analysts have warned that a severe sell-off could take place take place if it falls below that level.Funds are…