AMC Entertainment will not only accept Bitcoin (BTC) payments for movie tickets by the end of 2022 but will also include other popular digital currencies in its crypto acceptance policy. Tweeting on Thursday, the company’s CEO, Adam Aron, announced plans for AMC to accept three other cryptocurrencies — Ether (ETH), Litecoin (LTC) and Bitcoin Cash
Ethereum
Nonfungible tokens, or NFTs, have taken the cryptocurrency sector by storm in 2021. The growing interest in these digital collectibles resulted in record-breaking trading volumes during the month of August, with individual NFT sales exceeding more than $1 million dollars on a regular basis. Yet with so many NFTs currently on the market, it can be
The Ethereum Foundation (EF) and Ethereum Name Service (ENS) are backing a proposed system for secure sign-in using Ethereum from decentralized identity software firm Spruce. Spruce’s system was selected after EF and ENS submitted a Request for Proposals in July encouraging developers and software firms to propose a sign-in package using Oauth — an open
According to derivatives markets, Ether (ETH) traders are still confident that there is the chance formore upside even though the 23% correction on Sept. 7 took a hit on prices. Ethereum network congestion also peaked on Sept. 7 when the average transaction fee reached $60, and since then it has remained above $17. As a
Nearly all significant real-world use cases of cryptocurrency are DeFi use cases. Ethereum (ETH) is arguably the real star of the blockchain world, and even as Bitcoin (BTC) continues its extended bull run, ETH has also continued to prosper. According to a July Consensys report, there are now 161 million unique Ethereum addresses, a 10%
Notorious entrepreneur and social media personality, Gary Vee, is now a full-blown artist. The legendary auction house Christie’s crowned him as so by announcing the sale of five of the original pieces from his Veefriends NFT collection. Is this new development positive for NFT mania? Is it positive for Veefriends holders? What does it say
Immutable, a layer-two nonfungible token (NFT) protocol built on the Ethereum blockchain, has announced a $60 million Series B funding raise from a multitude of corporate venture firms, including Sam Bankman-Fried’s Alameda Research and Gary Vaynerchuk’s VaynerFund. The funding round was co-led by gaming investment platform Bitkraft Ventures and venture firm King River Capital. The
Announced on Monday, EY’s flagship blockchain services including EY OpsChain and EY Blockchain Analyzer will be integrated with Polygon, allowing transactions to be committed to Ethereum via the sidechain. EY emphasized that its enterprise clients will have access to increased transaction throughput with predictable fees and settlement times using Polygon. The firm also revealed it
A couple of weeks ago, a hacker with a heart of gold sold a fake Banksy NFT for 100 ETH and then gave the money back. They advertised the auction through Banksy’s official site. If the NFT was fake, someone hacked that site. Which seemed unlikely. Also, there is the issue of the alias that
Bitcoin’s (BTC) failure to make a strong recovery in the past few days has resulted in profit-booking in most major altcoins, threatening to pull the total crypto market capitalization back below $2 trillion. The U.S. equity markets witnessed profit-booking and the S&P 500 dropped by 1.69% last week, suggesting the development of a risk-off sentiment.
Ethereum layer-two rollup network Arbitrum One is beginning to see significant growth, with its total value locked (TVL) surging by roughly 2,300% this past week. According to L2beat, an analysis platform comparing layer-two protocols, Arbitrum’s TVL tagged an all-time high of $1.5 billion on Sept. 11 as DeFi degens rushed to invest in early farming
Solana has been a trending altcoin due to the successive weeks of price increases. At the time of writing, Solana traded at around $207, which is an 11,400% surge from less than two dollars back in January. At its present worth, Solana sits among the top 10 cryptocurrencies by market capitalization with about $60 billion,
Reports have emerged that a bug on OpenSea’s marketplace has deleted user-owned NFTs worth 28.44 Ether (ETH), nearly $100,000 at the time of writing. The information was revealed online by Nick Johnson, lead developer of Ethereum Name Service, or ENS, who reportedly lost an NFT that was linked to the first ENS named rilxxlir.eth. ENS
Legendary Hong Kong director Wong Kar-Wai will be minting an “In The Mood For Love” NFT soon. Revered fine art auction house Sotheby’s will broker the deal. The NFT will contain never-before-seen footage from the first day of filming. How rare does that make it? Considering “In The Mood For Love” is one of the
Ethereum has seen some optimistic price predictions this year. While a lot of analysts have erred on the conservative side, others have gone the route of being overly optimistic. With some putting the price of the altcoin at $20,000, like in the case of Real Vision founder Raoul Pal. But none have gone as high
Today’s Ethereum price chart may suggest the formation of a bearish pattern called the “double top”. 100k ETH also flowed into Binance. Ethereum Price Chart Shows Famous “Double Top” Bearish Formation As explained by a CryptoQuant post, the cryptocurrency formed a bearish pattern on the price chart earlier today, and at about the same time,