A popular crypto analyst is giving investors a reason why they should not give up on Ethereum (ETH) despite its recent struggles. Lark Davis tells his 540,000 Twitter followers that even though ETH has seen a decrease of 23% from its 30-day high, its price should skyrocket because the token’s supply is dwindling on exchange …
Monthly archives: October 2021
Dogecoin Needs These Two Upgrades To Thrive, According to DOGE Co-Creator
A bridge between Dogecoin (DOGE) and Ethereum (ETH) must be built and embraced by non-fungible token (NFT) platforms for the memecoin to truly thrive, says Dogecoin co-creator Billy Markus. Markus tells his 500,000 Twitter subscribers that the completion of a DOGE-ETH bridge in combination with an NFT platform such as OpenSea adopting the token could …
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Cardano Creator Says Nations Will Use Crypto Tech to Power Wide Swath of Government Operations
The founder of Cardano (ADA) believes nation-states will one day rely on smart contract platforms to power wide swaths of their government operations. Speaking at Cardano Summit 2021, Charles Hoskinson says that new systems of governance operating on blockchain technology could arise due to general unhappiness with current centralized institutions. ADVERTISEMENT “People are fundamentally …
Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high
Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million. The latest protocol to surprise its userbase with …
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OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution
In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism. Another project that has benefited from the sector’s transition to layer-1 and layer-2 alternatives is OMG Network …
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El Salvador, the first country to mine Bitcoin using volcanoes
El Salvador, the first country to make bitcoin legal tender, has officially mined the first bitcoin using volcanic energy. This was revealed when President Nayib Bukele shared a screenshot of a mined bitcoin on Twitter. We’re still testing and installing, but this is officially the fist Bitcoin mining from the volcanode – tweeted Bukele. Almost …
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Ripple jumps on the NFT bandwagon, launches $250 million ‘Creator Fund’
Ripple has recently announced the launching of a $250 million ‘Creator Fund’ aimed at exploring new use cases for non-fungible tokens (NFTs) on the XRP Ledger (XRPL). The hefty fund will provide financial, technical, and creative support for creators, brands, and marketplaces, as the company teamed up with NFT marketplaces Mintable and mintNFT, and brand …
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The boss of NatWest Bank tells crypto users to abandon all hope
Economist and Chair of the NatWest Group Sir Howard Davies said he’s “very hostile” towards crypto. So much so he supports China’s recent crackdown, saying the U.K should follow suit. Last month, Beijing reiterated its calls that cryptocurrencies are used for illegal financial activities. In a coordinated multi-agency action, they seek to shut down all …
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Italian Luxury Fashion House Dolce & Gabbana Sells NFT Collection for $5.7 Million
On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace. Dolce and Gabbana’s Collezione Genesi Rakes in 1,885 Ether Dolce and Gabbana’s first-ever non-fungible-token (NFT) drop, Collezione Genesi raked …
Mars4: Highly Liquid MARS4 Dollars and Revenue Generating Mars Terrain NFTs
sponsored The red planet is a mystery to man and his obsession with it has created many legends and myths over the centuries. As the US’s Perseverance rover lands on Mars and drills its first Martian rock core for NASA, interest in Mars is at an all-time high, and pioneers are dying to stake their …
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Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao
French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October 1 to Makerdao’s forums and the submission aims to utilize the DAI stablecoin to refinance a covered bond concept. Societe Generale Proposes Leveraging Makerdao and …
SEC Delays 4 Bitcoin ETF Deadlines — Regulator ‘Finds It Appropriate to Designate a Longer Period of Time’
On Friday, the U.S. Securities and Exchange Commission (SEC) has delayed four bitcoin exchange-traded funds (ETF) deadlines for another 45 days. The regulator notes that the entity needs more time to decide on the ETF applications. Global X, Kryptoin, Valkyrie, Wisdomtree Bitcoin ETF Deadlines Extended The Kryptoin Bitcoin ETF, Global X Bitcoin Trust, Valkyrie XBTO …
Michaël van de Poppe Predicts Big Q4 for Bitcoin, Ethereum, and Three Altcoins, Tracks Cardano and Solana Trajectories
Popular analyst and trader Michaël van de Poppe sees leading cryptos Bitcoin (BTC) and Ethereum (ETH) heading back toward all-time highs while predicting rallies for five altcoins. In a new strategy session, Van de Poppe tells his 131,000 YouTube subscribers that he’s keeping an eye on $44,000 as a key level BTC needs to break …
Bitcoin Is the Most Profound Iteration of the Internet, According to Chairman of Virgin Galactic
Billionaire and business tycoon Chamath Palihapitiya says that Bitcoin’s network is the best version of the internet we have today. In a new interview with CNBC, the CEO of Virgin Galactic says that big tech players such as Google and Facebook have dominated the first two versions of the internet by creating and organizing much …
Polkastarter Unveils Startup Incubator, Names WonderHero As Maiden Project
October 1, 2021 – Lisbon, Portugal Decentralized launchpad Polkastarter has announced the first project to be fully incubated by its new investment arm, Polkastarter Labs. WonderHero, a play-to-earn mobile RPG game, will receive pre-IDO and post-IDO support and mentorship while gaining access to Polkastarter’s vast network for marketing, branding and scaling purposes. The launchpad, which …
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