Analysts suggest BTC will soon head to $75,000
Data from Cointelegraph Markets Pro and TradingView shows that after dropping to a low near $62,800 late on Nov. 10, the price of Bitcoin managed to claw its way back up to the $65,000 level where bulls now look to consolidate and regroup for another push higher. An analyst outlined one possible trajectory for the price of BTC to reach $75,000 in the short term.
DWB is now using blockchain tech for medical record storage
At a November 11 press conference, blockchain-based document security company Transcrypts announced a partnership with Doctors Without Borders, or DWB, in order to store all patient medical records on the blockchain, where they will be accessible from a patient’s phone.
With this partnership, Doctors Without Borders and TransCrypts hopes to build a future where this loss of life can be mitigated.
‘Invisible Aether’: World’s largest museum launches NFT art exhibition
The Russian State Hermitage Museum continues diving in the nonfungible tokens (NFTs) industry by debuting its first fully-virtual exhibition of digital art.
Shortly after raising over $400,000 via its first NFT auction on Binance in September, the Hermitage is now hosting a free exhibition of NFT artworks existing exclusively in the virtual space.
Miami will hand out free Bitcoin to residents
Citycoins launched the MiamiCoin cryptocurrency in August, which helps fund municipal projects by generating yield.
“We’re going to be the very first city in America to give Bitcoin yield as a dividend directly to its residents,” Suarez said in an interview on Nov. 11. Every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend according to Mayor Francis Suarez.
TVK grew by 31.72% after 24 hours, trading volume increased by 3 times
Over the past 24 hours, TVK has increased by 31.72%, with a trading volume of $26.66 million, which is 3 times the average volume of the previous 10 days.
Twitter incorporate decentralized tech into the platform
The social media firm Twitter is building out a new crypto team to add crypto, blockchain and decentralized technology into the popular social media platform.
Twitter revealed that they will develop decentralized apps (DApps) for creators to manage virtual goods, currencies, and ways for their fans to support their community.
Ripple announced launching Liquidity Hub
Fintech firm Ripple has announced a new service aimed at finance companies that will allow them to offer cryptocurrency trading to customers.
The new service will target its enterprise clients, giving them access to digital assets from a range of providers such as exchanges, market makers and over-the-counter trading desks. It is currently in the preview stage and will launch in 2022.
Terra Community Passes Popular Burn Proposal
The Terra community has just passed a popular proposal to burn about 88.7 million terra (LUNA) tokens, worth roughly $4.5 billion at current prices, and mint about 4 million to 5 million terraUSD (UST) stablecoins, a decision that should further boost the Terra project, according to analysts.
Origin Protocol announced their first liquidity mining campaign on Curve
Origin Protocol announced their first liquidity mining campaign, providing OUSD Liquidity on Curve to allow users to earn OGN and CRV Rewards.
Study: 58% of video game developers are already using blockchain
A new study from the United Kingdom revealed that most game studios have already started exploring blockchain technology for their upcoming titles.
A new research surveyed 197 video game developers in the United States and the United Kingdom showed that 58% of developers are beginning to use blockchain technology, and almost half of the respondents (47%) started incorporating nonfungible tokens (NFT).