Online content streaming is dead. Long live the music NFTs

[ad_1] The music industry has undergone a massive transformation in recent years. We have seen the advent of the internet leave its mark on music, and most notably, 1999 spelled the coming of Napster. This then-revolutionary peer-to-peer online streaming service defined a whole generation and enabled musicians to share their creations with the world. Streaming has become the dominant format for music today, through Apple, Amazon, Tencent Music and the clear category winner — Spotify. The goal of distribution services and platforms like Spotify is to enable and empower artists…

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Bitcoin in ‘good shape’ as long as BTC price stays above $40K — Mike Novogratz

[ad_1] Bitcoin (BTC) won’t be making Galaxy Digital CEO Mike Novogratz “nervous” unless it dips below $40,000. In an interview with CNBC on Sept. 21, the infamously bullish investor calmed fears about the latest sell-off across cryptocurrency. Novogratz on institutions: “I see nothing but engagement and activity” Despite the macro environment wobbling over China and Bitcoin shedding up to 10% this week, there are few bearish voices among well-known crypto industry commentators. Novogratz is no different, arguing that the price drop was more a healthy corrective move for a market…

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Traders know not to ‘go long’ when this classic trading pattern shows up

[ad_1] Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend. A “descending channel,” also known as a “bearish price channel” is formed by drawing two downward trendlines, parallel to each other, which confine the price action of the asset. Descending channel basics In a downtrend, the price action forms a series…

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Walmart is seeking a crypto product lead, the Dogecoin Foundation is active again after a long break, Coinbase has amassed a $4 billion cash-backed war chest: Holder’s Digest, Aug. 15-21

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Walmart seeks crypto product lead to drive digital currency strategy On Aug. 16, it was reported that U.S. retail giant Walmart was seeking out an experienced crypto expert who can develop and drive a digital currency strategy and product roadmap for the firm. According…

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Even Vitalik Buterin is surprised at just how long Eth2 is taking

[ad_1] Ethereum’s visionary co-founder Vitalik Buterin has commented on the obstacles on the roadmap to Eth2 at a conference in Hong Kong. Speaking partly in Mandarin at the Virtual Fintech Forum at this week’s StartmeupHK Festival 2021, Buterin said that technology wasn’t the major issue with the world’s largest smart contract network. He admitted that building Ethereum has taken a lot more time than he had anticipated with early Eth1 blockchain build estimates of around three months turning into eighteen months in reality. The upgraded version is taking substantially longer.…

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CoinStaker 2020 Prediction – Is Binance Coin Rise Sustainable in the Long Run?

[ad_1] The entire crypto community is buzzing about Binance and Binance Coin. As one of the biggest cryptocurrency platforms in the world right now, Binance is at its peak. However, not everyone would agree – some say that this is just the beginning of the Malta-based platform. When the official reports published the fact that Binance Coin toppled Bitcoin on a global scale, the entire community of cryptocurrency users was aghast. What’s the secret of the new top-performing cryptocurrency and can we expect to see this trend maintain in the…

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