Red-hot gaming altcoin Axie Infinity (AXS) is redistributing over $60,000,000 of AXS tokens to players who helped pioneer the project’s launch in 2020. Since the beginning of this year, Axie Infinity has skyrocketed over 13,000%, with the token seeing wide adoption from crypto enthusiasts and gamers alike. ADVERTISEMENT To celebrate the release of the …
Monthly archives: October 2021
Rich Dad Poor Dad Author Says Biggest Crash in World History Is Coming – Here’s His Outlook for Bitcoin, Silver, and Gold
Rich Dad Poor Dad author Robert Kiyosaki is expecting the biggest crash in history to take Bitcoin (BTC) down along with other financial markets, but does think that this impending crisis will provide investors the “best time to get rich.” In a new interview on Kitco News, the widely known author explains his take on …
Why NFTs can be a riskier investment than cryptocurrencies, report
Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go into safe-haven assets, such as treasury bonds and money market funds. The …
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Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market
Bitcoin (BTC) failed to break the so-called September curse as its price fell by a little over 7% into the month despite a strong rebound rally right ahead of its close. Nonetheless, Bitcoin looks to be making a comeback in October, a month known for painting aggressive bullish reversals. Bybt data shows that Bitcoin has …
Brazil Stock Exchange wants to provide oracles for digital real
Brazil Stock Exchange (B3), one of the world’s few exchanges trading Bitcoin (BTC) exchange-traded funds, is exploring ways to provide data inputs for the country’s central bank digital currency, or CBDC. Luis Kondic, managing director of listed products and data at B3, claimed that the stock exchange is considering providing oracles to bridge external data …
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Crypto City: Guide to Tokyo
This “Crypto City” guide looks at Tokyo’s crypto culture, the city’s most notable projects and people, its financial infrastructure at which retailers accept crypto and where you can find blockchain education courses — and there’s even a short history with all the juicy details of famous controversies and collapses. Fast facts City: Tokyo Country: Japan …
Meet Mr. Goxx, The World’s First Crypto Trading Hamster!
Have you heard of a hamster that has been ‘Killing it’ in trading cryptocurrencies? And has been doing better than Bitcoin, the S&P 500 and Warren Buffett’s Berkshire Hathaway (BRKB)? Well, meet Mr. Goxx, a German hamster who is making money, with his lifetime career performance up 20% (about 63 Euros). This performance is better …
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5 Best Cryptocurrency to Buy for the Weekend Rally October 2021 Week 1
The cryptocurrency market has rebounded after a mostly difficult week. Buoyed by the news that Visa is developing a multi-currency “Universal Payment Channel” for cryptocurrencies and CBDCs, its total value has risen to $2.06 trillion. This represents a 4% rise over the past 24 hours, with major coins rising by similar or bigger percentages. Accordingly, …
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Proof of Work vs. Proof of Stake: Beginner’s Guide
Are you curious about the Proof of Work and Proof of stake? Want to know the consensus mechanism used in blockchain technology? Which blockchain platform like Bitcoin or Ethereum adapted Proof of Work and Proof of State? All these basic questions will be answered in this article. Moreover, to understand cryptocurrencies like Bitcoin and Ethereum …
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Just As Flare’s Canary Network Exits Observation Stage, Smart Contracts On XRP Ledger Moves A Step Closer To Reality
Songbird, which belongs to the Canary platform of Flare Network, has moved ahead a step towards success after successfully exiting an observation mode that lasted for ten days, getting closer to the dream of establishing smart contracts on the XRP Ledger and other blockchains. According to a Press Release, the Songbird project was launched on …
‘Say hi to Uptober’ — Bitcoin price surges above $47K in minutes liquidating $270M in shorts
Bitcoin (BTC) shot to nearly $48,000 during Oct. 1 as a classic “short squeeze” liquidated over $270 million of crypto positions in under an hour. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Goodbye bears” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $47,800 on Bitstamp, jumping $3,000 in minutes. A familiar setup for traders, …
Billionaire investor bullish on Bitcoin: ‘Crypto is here to stay’
Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, expressed his unwavering endorsement of the cryptocurrency market in an interview at CNBC’s Delivering Alpha conference on Wednesday, revealing that he is “very bullish” on his personal investment in Bitcoin (BTC). The billionaire businessman owns one of the world’s largest private equity firms, …
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Global CBDC bridge needs public and private cooperation, says BIS
The Bank for International Settlements (BIS) continues investigating the development of the global central bank digital currency (CBDC), publishing a new joint report with seven central banks. Released Sept. 30, BIS’ latest CBDC report refers to joint efforts to explore a retail CBDC alongside the Bank of Canada, the Bank of England, the Bank of …
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Solana NFT “Iconics” defrauds people of $130,000 in SOL
Solana-based NFT project Iconics appears to have pulled off a rug pull, defrauding unsuspecting investors of over $130,000. Iconics NFT rug pull gets 1000 SOL The project was the brainchild of an unidentified 17-years-old 3D digital artist, who failed to deliver on his promise and disappeared with investor’s funds. Iconics were supposed to be 8,000 …
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CryptoPunks as Collateral? How Chainlink and JPEG’d are doing just that
Chainlink price feeds would be used to power DeFi services on JPEG’d, a lending protocol that enables NFT holders an opportunity to obtain credit on their assets while still retaining ownership of them. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for …
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