Now you can use Celo stablecoins with Trust Wallet
As it was announced earlier by the Trust Wallet team, now you can add CELO, cUSD and cEUR tokens to your coins list.
Journey From A Side-Gig to 100K+ Users and $250M Traded: Shane Stevenson of Cointree
Shane Stevenson, CEO, founder of Cointree, a digital currency exchange in Melbourne, Australia. He says: “As CEO, my primary role is to ensure everyone has what they need to keep moving forward” 🔥Crypto Fireside #16— Interviews with crypto people. When I heard about Bitcoin and explored the idea, it blew my mind. From there, I knew I wanted to make Bitcoin accessible for everyone, including people who had never traded before or had just heard about it. SS: As I mentioned, I was a software engineer before I founded Cointree. Additionally, much of its appeal comes from the fact that cryptocurrency is decentralised, but that also means you can make irreversible mistakes if you don’t know what you’re doing. In the afternoon, I try to set time aside to focus on my list of tasks. Of course, as a rapidly growing company, I often have to divert my attention to issues that pop up. Part of this approach involves providing as much information and educational material to people as possible. With so many people investing their money into cryptocurrencies, we want to empower them to make intelligent decisions. We’ve already far surpassed our business expectations at the time of the investment, and the business is continuing to grow quickly. For example, we have a feature that lets our users pay their bills with crypto. We believe crypto will have a substantially positive impact, so we’re investing for the long term. 🔥Through launching Cointree, have you learned anything particularly helpful or advantageous? You also have to realise that it’s okay to make mistakes, as long as you learn from them. On a personal note, if I could change anything, I’d focus on a better work-life balance. It’s easy to get absorbed by what you’re working on, but it’s essential to take breaks too. 🔥What have been the most influential books, podcasts, or other resources? A few favourite books were The Lean Startup and Bullseye Framework. Now that companies like PayPal, Visa, and Mastercard are integrating crypto into their platforms, cryptocurrency awareness and use are exploding.
Binance Coin Price Analysis: BNB/USD sluggish towards $560 | Cryptopolitan
TL;DR Breakdown Binance Coin price analysis is bearish for today. The next day the market maintained this negative momentum and fluctuated between the $445 mark. The Binance Coin price analysis of 4-hours has revealed the market volatility following a declining trend making the price of BNB less prone to undergo variable change. The lower limit value of the Bollinger’s band is present at $426.3, serving as the strongest support. The BNB/USD price appears to be crossing well under the curve of the Moving Average, signifying a bearish movement. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page.
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?
Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion. And very recently, Academy Award-winning rapper Eminem paid nearly $462,000 for an ape that somewhat resembled him. Meanwhile, most NFT projects, including BAYC, settle via the Ethereum blockchain, priced in its native token Ether (ETH). Bored Ape Yacht Club “floor price” Bored Ape collectibles also enable their owners to enter private messaging boards on Discord and gain privileged access to other NFTs. And then, there is a certain reselling value attached to these NFTs, as visible in its rising “floor price,” which reflects the lowest bid one may open for the collectibles. He added: “I believe that people will be looking more closely at the developments of NFT projects like BAYC, and, just like you saw with cryptocurrency, they will be stepping in one by one.” Meanwhile, Sami Chlagou, CEO at Cross the ages metaverse game, compared Meta’s potential involvement in the NFT space with “lighting a lamp in the heads of investors who are much more backward about this concept.” The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
Rainmaker Games Announces Its Native Token $RAIN Is Staking on Rainmaker Platform
$RAIN is the token behind Rainmaker Games, a platform dedicated to helping users all around the world engage in play-to-earn games in the most seamless way possible. The project might increase the amount of $RAIN tokens available and staking pools as tokens begin to vest and get unlocked through the Community Incentives reserve. Rainmaker Games is going to make it much easier for gamers to earn revenue while playing games and interacting with each other, and with staking now live, it’s going to reward even those that aren’t playing games but are clearly dedicated to supporting the platform. The Two Staking Options That Put More $RAIN In User’s Wallets Rainmaker Games is giving users two simple ways to stake $RAIN tokens: single-side staking and liquidity pool (LP) staking. Clicking the Stake button leads to another screen where the user can choose either flexible or locked-in options for their staking.
Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network
Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network Solana, a top ten smart contracts-enabled cryptocurrency by market cap, has acknowledged it is facing a series of problems hindering the performance of its network. This is the latest issue Solana is facing after experiencing several network disruptions during the past months. The first incident of this kind — that affected the block production of the Solana validators — happened on September 14, when the Solana blockchain slowed almost to a crawl due to a resource exhaustion problem, according to the Solana Status account The blockchain then faced another problem on December 4, when the whole network was stopped, and engineers had to restart it for it to work appropriately again. Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero
Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. Christensen stated: Look, UST and MIM are solid ponzis and I respect that. The stablecoin sector grew massively last year, with USDT, the biggest stablecoin in the market, going from a $20 billion market cap at the start of 2020, to a near $80 billion capitalization starting in 2021. Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Tether Asks Court to Protect Private Companies’ Confidential Information
Crypto industry media company, CoinDesk, has formally joined a legal case involving stablecoin Stablecoin Unlike other cryptocurrencies like Bitcoin and Ethereum, stablecoins are cryptocurrencies that have been designed to keep a stable value. Placing a greater emphasis on stability over volatility can be a huge draw for some investors. Stablecoins control for this volatility by being pegged to another cryptocurrency, fiat money, or to exchange-traded commodities, including gold, silver, or others. This can help mitigate the financial risk associated with these assets. For example, Bitcoin and altcoins are highly correlated, so that cryptocurrency holders cannot escape periodic price falls. Stablecoins control for this vulnerability, allowing for the diversification of risk in a portfolio. This grants an additional level of confidence associated with the coin and are unlikely to drop below the value of the underlying physical asset, due to the effects such as arbitrage. The companies that issue these currencies must have fiat reserves in the equivalent amount of the stablecoins they have issued. Algorithmic stablecoins use supply-and-demand to automatically maintain a stable value. ADVERTISEMENT The conflict started in June last year when CoinDesk filed a Freedom of Information Law Request (FOIL) for documents that detail Tether’s reserve breakdown. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing. Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. The company further argues that providing the requested information would compromise its investment strategy, which other firms could use to close the competitive gap between themselves and Tether. In March 2019, the company updated its website to state that all Tether tokens are backed 100% by Tether’s reserves.
103.2 Million SHIB Burned in Single Transfer by This Company: Details
Over 103 million SHIB destroyed in just one transaction by one of the companies that began to destroy the Shiba Inu supply last year Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. 103 million SHIB burned in one hour When the @shibburn Twitter page tweeted that a total of 103.2 million Shiba Inu had been burned in a single transfer, the Bigger Entertainment owner, Steven Cooper, clarified that it was his team that had burned these SHIB coins. The company also sells NFTs, merch and tickets to music events.
Powered by Autonomy, AutoSwap Brings First Limit Orders and Stop Losses to PancakeSwap on BSC
PRESS RELEASE – Zug, Switzerland, 6th January 2022 Autonomy Network, an off-the-shelf decentralized automation protocol, is thrilled to introduce AutoSwap, the first-ever dApp to offer limit order, stop loss, impermanent loss protection, and recurring payment features for Binance Smart Chain-based DEXes such as PancakeSwap. By offering features in DeFi that were available only on centralized exchanges until now, AutoSwap aims to help users better manage risk and boost returns without having to stare at the screen 24/7. Leading DEXes on multiple blockchains have partnered with Autonomy to offer their users the same features available on centralized exchanges. With trading volumes of DEXes growing exponentially, lack of automated solutions such as limit orders, stop losses, recurring payments, and impermanent loss protection had become a real pain point for DeFi users.
Huobi Launches High APY Fixed Deposit Products to Help Traders Hedge Risk
PRESS RELEASE – Please Read Disclaimer As Bitcoin prices continue to drop and hover around the $47,000 price mark—well below November’s high of nearly $69,000—anxious investors have begun to look for earning opportunities that don’t require major risk. One of those opportunities which have gained popularity among crypto traders is fixed deposits with high annualized percentage yields (APY). The longer the time period, the more reward potential possible. Along with fixed earning products, Huobi Earn’s high-APY flexible products have also become favorable options among investors. “Having a variety of token assets, from established and emerging projects alike, gives our users even more investment opportunities in a fluctuating price market,” Mei added.
Building a new class of developers for Web3
The Internet is arguably one of the most significant technological developments in history. Addressing the vital question of who will own the multi-trillion-dollar machine economy, IoTeX has focused development on Web3 and in global decentralized identity standards. These standards aim to enable individuals and machines to interact securely and privately without surrendering control of their data, smaOkay rt devices, and the value they generate to Big Tech. IoTeX is working with the IEEE on the decentralized identity of things standardization to drive forward the interoperability of machines worldwide significantly. Laying the foundational work “I’ve been around open source since 2003, and today this is what drives us forward, making everything much easier,” said Protofire Co-Founder Renat Khasanshyn. “ He said his Protofire colleagues “basically decided we must join the ecosystem and start building on IoTeX, a network where solving hard problems again is not necessary, which is good news.” Renat gave more examples of how the community of developers benefits from colleagues, open-source, and work that is part of the progress of the communities. He intended to say that from a user interface or experience perspective, integrating smart contracts onto processes has to become far more frictionless than it is today. Users need to generate a smart contract painlessly on the blockchain and quickly and easily sell a car. Thanks to technology, the Internet, and decades of innovation, there are a lot of developer tools available now to welcome new community members and developers. “From my point of view, developing Web3 applications is really exciting because blockchain provides greater quality to all products that you build in it, regardless of them being hardware or software,” said Ramone. “ Even with only a few lines of code, everything built in Web3 is exceptionally better over all things created in Web2.” “Even your simple reminder application cannot be taken down from Web3 by anybody. Potential use MachineFi use cases Protofire Co-Founder Renat Khasanshyn said he sees the potential for many new use cases on IoTeX in 2022. Some of the most apparent use cases already are rentals, said Renat. “ These pedal boat rentals exist on lakes of all sizes worldwide. CryptoSlate Newsletter Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.
Footprint Analytics: Stellar aims for rebound in 2022
By email protected Analytics Date: 8th January 2022 Data source: Stellar dashboard Last month, the Stellar Development Foundation (SDF) participated in a cryptocurrency hearing hosted by the U.S. House Committee on Financial Services. With the recent news that Ukraine and Mexico will be using Stellar to run their digital currencies, Stellar is once again in the spotlight. And even set a record for a 100x increase in token price before DeFi Summer. One reason for this is that the foundation has been involved since the early days and therefore can participate in the annual distribution of newly generated tokens. In 2019, the Stellar Development Foundation initially mitigated the token mismatch by ending its inflation plan and destroying more than 50% of its tokens. With the explosion of DeFi projects, multi-currency, cross-chain transfers are a current blockchain pain point, and Stellar offers one of the solutions that define a new standard for global payments. It cleans and integrates on-chain data so users of any experience level can quickly start researching tokens, projects and protocols.
Vitalik Buterin Skeptical of Cross-Chain Bridges
Key Takeaways In a Reddit post, Buterin advocated for a multi-chain future but expressed skepticism of cross-chain bridges. Buterin alleged that in the case of a 51% attack, the attacker/s cannot propose a block that takes away someone’s ETH because such a block would violate the consensus rules and would therefore be rejected by the network. Furthermore, Buterin went on to explain that the same principle applies to any Layer 2 that is built on the Ethereum main chain. Disclosure: At the time of writing this article, the author owned ETH and several other cryptocurrencies.
Will NFTs Save The Alt Season From Drowning In The First Quarter Of 2022?
He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. Wherefore the market cap of the crypto industry has lost its hold on the $2 Trillion mark and is currently hovering around $1.98 T. While the crypto king remains severely affected, altcoins have been catching the wind of Bitcoin’s trend. In the interim, emerging coins from the stable of NFTs and Metaverse have been recovering at a brisker rate. Top-tier assets are now oversold from the fear, sources suggest that over 136,000 wallets have liquidated in the past 24-hours. The numbers of NFTs have been instilling faith in traders, for instance, Axie Infinity is up by 5.67%, Theta Network has scripted 5.6%, and Tezos is up 5.2%.
These Catalysts Help Cardano Price Ignite For A Surge To $4 Prior To Alt-Season?
Speculations rife of a possible team-up with Samsung for development of NFTs, and dApps. Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. While multiple digital coins have been crawling to reinitiate greener numbers. While the total transaction is projecting an impressive linear spike with 25,584,913, as of 6th January. Cardano has been continuing its legacy at development fronts, with 67 active repos, Cardano is the most active project till date. On the contrary, speculations are rife that Samsung could team-up with the makers of Cardano.
Cardano-based Ravendex Readies For Listing On BitMart Exchange, Rave NFTs In The Pipeline
Advertisement The first multi-protocol decentralized financial (DeFi) platform on the fast-growing Cardano ecosystem, Ravendex, has announced the listing of $RAVE on the BitMart crypto exchange. Moreover, it is a useful channel that users can transfer assets and fetch liquidity between Cardano/based tokens and ADA. Some of the notable features of the Ravendex ecosystem include cross-chain exchange and swap protocol. “ A major branch in the crypto industry that has attracted notable investors due to the sheer size of the growth prospects.
Cardano Emerging As The ‘Go-To Green’ Blockchain Following Samsung’s Groundbreaking Foray
Advertisement Electronics giant Samsung recently announced that it’s teaming up with Cardano-based reforestation project, Veritree, to plant 2 million trees as part of its efforts to combat climate change. “The tropical trees are expected to restore roughly 200 hectares of land and sequester roughly one billion pounds of CO2 over a 25-year period.” Others including LG, Amazon, Nvidia, and Sony also revealed plans to integrate blockchain, metaverse, and NFT technology during the CES 2022. With the already low carbon footprint, the blockchain is still aiming to become carbon neutral in the long term, hence their partnership with Veritree.
Ethereum Price Prediction: ETH/USD Trades at $3223; Price Set to Rebound
Ethereum Price Prediction – January 8 The Ethereum price prediction reveals that ETH is currently trading above $3200 after a significant dip towards $3000. Ethereum Price Prediction: What to Expect from Ethereum As the Ethereum price is hovering below the moving averages and trades around the lower boundary of the channel, the coin is likely to embark on a movement towards the upside. However, if the coin stays above this level, it could negate the bearish scenario and bring the nearest resistance of $3500, $3600, and $3700 levels into play.
Litecoin Price Prediction: LTC/USD Braces up as Price Targets $140 Resistance
Litecoin Price Prediction – January 8 The Litecoin price prediction shows that LTC manages to maintain its position as the bulls maintain the desire to defend the support at $130. The Litecoin price may resume back in the middle of consolidation after touching the low of $125.90 yesterday. Meanwhile, the coin is currently changing hands to 3169 SAT and a spike in volatility could occur as the Relative Strength Index (14) is seen moving towards 50-level.
Bitcoin Price Prediction: BTC/USD Stumbles Below $42,000
Bitcoin Price Prediction – January 7 The Bitcoin price prediction shows that BTC loses over $1500 as the coin remains below the 9-day and 21-day moving averages. Meanwhile, it is important to note that the Bitcoin price is most likely to breaking as much as the 9-day MA remains below the 21-day MA, and its failure to hold the mid-range support level may pull the price down to its next support level at $40,000. However, it now appears that the cryptocurrency is not ready for further upside now, as the multiple attempts to shatter its $41,000 resistance seem to indicate that bears are building momentum.
Breaking: GameStop JUMPS on the NFT Wagon, Announcing its NFT Platform
In a bold but sudden move, the American video game company GameStop announced its upcoming NFT platform. GameStop corp: Quick History GameStop is an American video game company, selling consumer electronics and gaming merchandise. This made headlines in the crypto space, even in the mainstream media. Their non-fungibility is similar to real-world contracts, where you can’t trade one contract to another, because the “actual content” differs from each other. In fact, the crypto community was the main reason for GameStop’s second chance.
Cryptocurrency payments may start soon for bookings on Airbnb
HIGHLIGHTS : Airbnb CEO considering customer demand for crypto payments Brian Chesky said, customers, have been demanding this option for a long time. Demand to accept payments in Bitcoin, Shiba Inu, and Ethereum Twitter adds video reaction, a feature copied from TikTok: Here’s how it works Airbnb CEO considering customer demand for crypto payments Airbnb may start accepting payments in cryptocurrencies this year. During an interview in September 2021, the 40-year-old billionaire said that people have been demanding crypto payment options on the platform for years. Airbnb, Inc. is an American company that operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities.
Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years
Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. UK Police Reveal Information About Seized Crypto Twelve of the U.K.’s 43 police forces have seized cryptocurrency worth approximately £322 million ($435 million) in criminal investigations in the last five years, New Scientist reported Thursday, citing Freedom of Information (FOI) requests it submitted. Kevin Helms A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Next Cryptocurrency to Explode in 2022-2023
PayPal is Working On its Own Cryptocurrency: PayPal Coin
If the market crash got you nervous and you thought the crypto industry was dead, you might want to change your mind. PayPal Coin, the (not so) creative codename of the cryptocurrency, was discovered earlier this year by Steve Moser, a software developer who in November 2021 also revealed that the code of the PayPal App had references to possible compatibility with the NEO cryptocurrency. It is currently ranked 69th in the TOP 100 cryptocurrencies with the largest market capitalization. The project ultimately failed, but PayPal seems to be willing to learn from Facebook’s mistakes in order to successfully launch its own currency.
Whale Splurges $36,500,000 on Ethereum-Based Altcoin – Here’s What the Largest Crypto Investors on Eart…
Some of the world’s largest Ethereum (ETH) whales are gobbling up hundreds of millions of dollars worth of altcoins as the digital assets industry experiences a widespread pullback. The 557th-largest whale splurged just over $36.5 million on 1,049,990 FTX Tokens and $8.8 million on 4,250,000 MATIC. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor.
What is a crypto airdrop? Why investors should be wary of these lucrative giveaways
| Photo credit: iStock Images Highlights An airdrop is the distribution of free coins or tokens issued by a crypto company or platform to established cryptocurrency holders, usually in exchange for marketing-related tasks such as blog posts or content. Airdrops are, in a sense, similar to a traditional business offering free samples to potential customers. Essentially, an airdrop involves distributing free coins or tokens issued by a crypto company or platform to established cryptocurrency holders, usually in exchange for marketing-related tasks such as blog posts or content. The vast majority of crypto platforms are built on the Ethereum blockchain. As with anything free, it is always prudent to approach an airdrop critically, as the tactic has already been used by malicious actors to trick crypto users with their coins or tokens. Sources 1/ https://Google.com/ 2/ https://www.timesnownews.com/cryptonow/article/what-is-a-crypto-airdrop-why-investors-ought-to-be-wary-of-these-lucrative-giveaways/847567 The mention sources can contact us to remove/changing this article What Are The Main Benefits Of Comparing Car Insurance Quotes Online LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance. Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance. In this way, clients have access to offers from multiple carriers all in one place: this website.
Ava Labs and EV maker Togg to build smart contract-based mobility services
Turkey’s electronic vehicle (EV) manufacturer Togg has announced a strategic partnership with Ava Labs to design and build smart contract-based services aimed at improving autonomous mobility. Gürcan Karakaş, the CEO of Togg said: “Our collaboration with Ava Labs is built on taking the experience of Togg users to the next level, going beyond automobiles to empower partners, users and non-Togg users across the mobility ecosystem to benefit from this platform.” Related: Dogecoin gains 25% after Elon Musk confirms Tesla will accept DOGE for merchandise Back in December, Dogecoin (DOGE) price went up by 25% soon after Tesla and SpaceX CEO Elon Musk announced plans to accept DOGE for Tesla merchandise.
Institutional Investors Say SEC Having More Power to Regulate Crypto Will Boost Prices
Institutional Investors Say SEC Having More Power to Regulate Crypto Will Boost Prices Institutional investors are optimistic about the U.S. Securities and Exchange Commission (SEC) having more power to regulate the crypto market, a recent survey shows. The majority of respondents are optimistic about the prospect of the SEC being empowered with more authority to regulate crypto assets. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
After a16z Exit, Katie Haun Plans to Secure $900M for Crypto Funds
Prominent crypto investor Katie Haun is reportedly planning to raise a whopping $900 million for a pair of cryptocurrency investment funds. Haun, who was the first female general partner Andreessen Horowitz, announced the departure from the firm in December last year and revealed starting her own venture capital company – KRH. Additionally, Haun would help invest the rest of the California-based VC firm’s latest $2.2 billion funds. Only a handful of VC investments made their way in 2020 as the market witnessed lows initially.
Due Dilly Launches First Local Sports Card Shop in the Metaverse with The Sandbox
PRESS RELEASE – Newport Beach, United States, 7th January 2022 Once a niche idea tossed around by tech enthusiasts, the concept of a centralized virtual world parallel to the physical world––the metaverse— has made its way into the mainstream. Due Dilly, a startup that leverages disruptive computer vision tech to assess physical sports cards instantly, recently purchased land in The Sandbox Game with grand opening plans to introduce the first local sports card shop in the metaverse. When it comes to all the opportunities in the metaverse – the building and excitement have only just begun, especially for sports and trading card enthusiasts.
These 3 Metaverse Crypto Coins Gained Over 1000% In Price Today
Crypto markets continue to show bearish momentum looking for new support. NinjaFloki (NJF) +1139% Launched in December 2021, NinjaFloki is a Binance Smart Chain Meme/Metaverse coin featuring a play-to-earn game built with Unity. Finexbox has a 24-hour trading volume of $230 million at writing. The game revolves around using skill to win battles against other dragons. Currently, the game is only available in-browser, so it’s best to use a desktop. Users can also select various dragons and unlock more powerful dragons by purchasing them with BNB. Follow us on Twitter @nulltxnews to stay updated with the latest cryptocurrency news!
Metaverse: The Next Blockchain or Augmented Reality?
Consumers are increasingly engaging on video chats and thinking to themselves if “it could have been much easier as a phone call”? Hashemian goes on to explain, “Don’t get me wrong, I believe that video conferencing technology (particularly the ability to share visual information virtually and remotely) is a very powerful tool in almost every industry. The ‘yes or no’ was a lot harder for investors to decipher, and still is. Blockchain offered a digital, alternative, and private way to invest (how). In a time when people want to be in control of the influence technology has on their lives, augmenting reality did not fit our social trends (when). This may be a good opportunity for you to test your rational investing skills.
New Chainalysis Report Finds $14B in Crypto Stolen in 2021 – a 66% Increase Over 2020
According to the latest crypto crime report from blockchain analytics company Chainalysis, illegal cryptocurrency activity hit a new all-time high in 2021, with illicit addresses receiving $14 billion worth of programmable funds during the year. However, it’s unlikely for DeFi to reach its full potential if the same decentralization features that make it so dynamic also enable widespread theft. In 2020, just under $162 million worth of cryptocurrency was stolen from DeFi platforms, which represented a 335% increase over the total stolen from DeFi platforms in 2019.
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The Rise of New Challengers Panigirtzoglou further explains that what’s more problematic is the fact that Ethereum has lost part of its influence in the defi arena to other chains, instead of to its own L2 scaling solutions. The note concluded: In other words, Ethereum is currently in an intense race to maintain its dominance in the application space with the outcome of that race far from given, in our opinion. Sergio Goschenko Sergio is a cryptocurrency journalist based in Venezuela. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Weekend Watch: After Volatile Week BTC at $42K, LINK Explodes 13%
After the enhanced fluctuations in the past several days, bitcoin finally calmed around $42,000. As of now, the asset has recovered some ground and stands around $42,000, and its market capitalization is just shy of $800 billion. Start receiving this recap, for free, every day: Invalid email address Your privacy is guranteed. Chainlink Steals the Show The alternative coins mimicked bitcoin’s performance in the past few days with enhanced volatility and substantial price drops. Ethereum, for example, traded above $3,800 just a few days ago but dipped to $3,100 yesterday.
ClearDAO DeFi Derivatives Factory Lists on KuCoin
PRESS RELEASE – Singapore, Singapore, 7th January 2022 ClearDAO announced its project token CLH will list on KuCoin on Jan 7th 13:00 UTC. To date, the project has completed the template development of options, notes, perpetual futures, and CDS. The project has a multi-blockchain strategy and already supports Ethereum, BSC, Solana and Arbitrum. By enabling developers to create bespoke derivatives and lowering the barrier of entry, ClearDAO is accelerating the growth of the derivatives sector.
Here is why Ethereum’s dominance in DeFi is falling
Ethereum is undoubtedly the leading blockchain in DeFi, but this could be about to change as analysts at JPMorgan have noted that the dominance of the asset in the space could already be fading. According to the analysts, the rise of smart contract-enabled protocols like Terra, Avalanche, and Solana have shown that the lead of Ethereum is not absolute in DeFi. These projects, it was revealed, have eaten into its dominance, and they could potentially charge further impact in this new year. CryptoSlate Newsletter Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.
Why China’s Ban Was The Best Thing For Bitcoin In 2021
When China’s bitcoin crackdown came into effect, many speculated that the industry would never recover. Amazingly, though, the ban served to highlight both the resilience of the sector and the entrepreneurial spirit of the miners who keep the wheels of the blockchain turning. After all, consider what has transpired since the ban was announced: bitcoin hit a new all-time high of over $68,000; the first BTC futures exchange-traded fund (ETF) launched in the U.S., allowing investors to buy and sell exposure to the asset outside of exchanges; and the United States became the world’s dominant mining hub. What’s more, while Chinese politicians toed the line and badmouthed bitcoin at every opportunity, several U.S. policy makers have embraced the asset class, setting out plans to accept tax payments in bitcoin and even letting employees draw their salary in bitcoin. Green Shoots Of Progress To say that there has been a green revolution in bitcoin mining might be gilding the lily, but there has certainly been a renewed focus on sustainability this year. Featuring many of North America’s biggest bitcoin miners — including Argo Blockchain, Blockcap, Core Scientific, Galaxy Digital, HIVE Blockchain, Marathon Digital Holdings, Riot Blockchain and Hut 8 Mining — the council committed to standardizing energy reporting requirements and future-proofing the industry. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
Is Bitcoin’s Crash To $30,000 Programmed By The Euphoric Rise In January Of 2021?
Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. The first was on the 6th of February, where the score was “8”, the next was April 1st, 2018 at “16”. Certain sections cite that, while many in the market are refraining the trend from being a bear market. That said, bear markets are crucial times that traders can utilize to get into analytics, fundamentals, future prospects, and historical data. Summing up, the plunge in price could possibly go deeper, as Bitcoin’s death cross is on the horizon.
Caution Traders!! Bitcoin Long Positions are Pretty Risky Now, Yet Altcoin May Be A Ray of Hope
Yet the altcoin investment appear to be pretty much promising than as they tend to recover very fast than Bitcoin Bitcoin traders current are pretty risky as the further price movements appear very misty due to the prolonged consolidation A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. And hence in these environments, getting into new trades may be extremely risky as the next price movements cannot be estimated. Also Read : Will NFTs Save The Alt Season From Drowning In The First Quarter Of 2022? Currently, the traders are leaving no stones unturned to keep the BTC price above $41,000 support levels.
Ethereum (ETH) Solana (SOL) and Bitcoin (BTC) To Hit These Levels By The End of 2022
Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. The host of the financial education YouTube channel InvestAnswers tells his 389,000 subscribers that he thinks Solana, ethereum and bitcoin will rally hard in the next six months. In the next one or two quarters, he expects a lot of activity. On the other hand, if the market continues to fall, ETH may plunge to $2876 to $2700 in further trading sessions and consolidate above this level.
$40K Support Levels Awaits for Bitcoin Price, While Bearish Momentum May Expand to $32K!
Buyers aim to prevent further loss and try hard to keep up the price above the crucial support zone but sellers appear much stronger at the moment A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task. Currently, the possibility of an interim bounce may be expected but in a longer time frame, the probabilities of the BTC price dumping beyond $40,000 appear pretty clear. Many expected the price to rebound finely and resume its bull run towards the set target at $100K, yet the bearish trend squashed the expectations.
RxSight Inc (NASDAQ:RXST) Receives Average Rating of “Buy” from Brokerages
RxSight Inc (NASDAQ:RXST) has received a consensus recommendation of “Buy” from the six brokerages that are currently covering the company, MarketBeat reports. SVB Leerink reaffirmed a “buy” rating and set a $20.00 target price on shares of RxSight in a report on Sunday, November 14th. Finally, Geode Capital Management LLC purchased a new position in RxSight in the third quarter worth $1,020,000. Hedge funds and other institutional investors own 20.37% of the company’s stock. The RxSight Light Adjustable Lens system, comprised of the RxSight Light Adjustable Lens(R), RxSight Light Delivery Device and accessories. RxSight Inc is based in ALISO VIEJO, Calif. Recommended Story: Cost of Goods Sold (COGS) This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting.
Associated British Foods plc (OTCMKTS:ASBFY) Given Average Rating of “Buy” by Analysts
Shares of Associated British Foods plc (OTCMKTS:ASBFY) have received an average recommendation of “Buy” from the ten ratings firms that are presently covering the stock, Marketbeat reports. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Associated British Foods in a research report on Wednesday, November 10th. This is an increase from Associated British Foods’s previous dividend of $0.09. It operates through the following business segments: Grocery, Sugar, Agriculture, Ingredients and Retail. Featured Story: Margin This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting.
Top Dog Or A Meme Joke: Shiba Inu Slumps 5% As Whales Buy More
Shiba Inu first appeared on the scene as a joke-coin in 2020, aimed squarely at the top dog of the time Dogecoin. The meme coins uccessfully marketed its way to the position while avoiding rumors of a fraud and what appears to be a slow but steady start Shiba Inu Slumps 5% At press time, SHIB was down 5%, along with DOGE and other large cap crypto currencies, as the global cryptocurrency market cap fell to $2 trillion. There were 15,069, 6,159, and 2,482 tweets about each of them, respectively. However, whether it’s Safemoon, Shiba Inu, or Dogecoin, there isn’t much value beneath the surface.
Top ETH Whales Grab MATIC, LINK, FTX as Market Remains in Decline
Recent analytics data shows that some of the biggest ETH whales have again acquired large amounts of MATIC, LINK and FTX as the crypto market remains in decline Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. Over the past twenty-four hours, some whales on the top 1,000 ETH list have purchased large amounts of LINK, Polygon (MATIC) and FTX, continuing to bet on these coins, while the declining Bitcoin price is pushing the whole cryptocurrency market to the South. Two whales have bought $85,522,611 worth of FTX token – that’s a total of 2,458,959 FTX.
She’s got the most followed Twitter account with a .eth name
There’s hardly a day in crypto without a celebrity announcing a purchase of a Bored Ape or some similar high-end profile picture NFT, often to be flexed in the Twitter profile of the said celebrity. Just the other day, popular rapper Marshall Mathers, better known as Eminem, purchased Bored Ape Yacht Club #9055 for 123.45 ETH (roughly $453,000 at the time) and joined the ranks of non-fungible token (NFT) enthusiasts as he bought over the past weekend. However, not even Paris Hilton makes it into the top 50 of Twitter accounts with most followers in general, and the top list for .eth names may change quickly if other celebrities pick up on the trend of acquiring or creating ENS names for themselves.