The Sandbox, a blockchain-based metaverse game, has scored an investment of $93 million to keep expanding its metaverse proposal. The funding round was led by Softbank’s Vision Fund 2, an investment vehicle that puts funds on early tech-based companies. Other investors in the round included Animoca Brands, True Global Ventures, Liberty City Ventures, and Galaxy …
Monthly archives: November 2021
Avalanche Foundation Launches $200 Million Blizzard Fund to Entice Innovation on Its Chain
Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has $200 million available for its task, is composed of contributions coming from Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows Capital, among other participants. Blizzard …
XRP Set for Massive Breakout With Altcoins Poised to Steal the Show From Bitcoin, Predicts Top Crypto Analyst
One closely followed crypto analyst is bullish on XRP and thinks that altcoins are in a prime position to outpace Bitcoin (BTC). The pseudonymous analyst known as Credible Crypto tells his 257,400 Twitter followers that XRP’s price structure looks very similar to data-sharing protocol OriginTrail, whose native token TRAC just rallied more than 300% following …
Here’s What Could Add $700,000 to the Price of Bitcoin, According to Cathie Wood of Ark Invest
ARK Invest CEO Cathie Wood says that institutional investors and emerging markets can send the price of Bitcoin (BTC) surging to $760,000. In a new interview with Saxo Bank CIO Steen Jakobsen and head of equity strategies Peter Garnry, Wood explains why Bitcoin is the new asset class that institutions have been looking for. …
Bitcoin retests support, with trader forecasting BTC price dip to $55K
Bitcoin (BTC) denied bulls their big break on Nov. 4 as sideways action dragged the market ever closer to $60,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC hodlers in “buy the dip” mode Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back below $62,000 at 8 am UTC. The pair saw a difficult 24 …
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FC Barcelona set to launch NFT soccer moments with Ownix
The FC Barcelona soccer club has partnered with Ownix to debut the launch of its nonfungible token (NFT) collection focused on enhancing the connection to its global audience. The series will showcase historic moments from the club’s 122-year history, one that includes an illustrious trophy display of 95 domestic and international triumphs, including 26 national …
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How Crypto Payments Can Disrupt the Billion-Dollar Transaction Fee Industry
HodlX Guest Post Submit Your Post One of cryptocurrency’s many selling points is that it offers low transaction fees and speedy processing. Where merchants might pay fees of 1.3% to 3.5% on credit card payments, a similar transaction using cryptocurrency could cost a fraction of a dollar. The reason? Decentralization – cutting the middleman out of …
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Analyst Benjamin Cowen Says Bitcoin Looking Strong, Details Critical Trajectory BTC Must Maintain To Remain Bullish
Popular crypto analyst Benjamin Cowen thinks things look “pretty impressive” right now for Bitcoin. Cowen tells his 592,000 YouTube subscribers that BTC is showing strength after posting its highest-ever monthly close of approximately $61,400. Cowen also notes the largest crypto asset by market cap is trading well above its 20-week simple moving average (SMA) …
Aussie crypto micro investment app Bamboo raises $3M, eyes US market
Blake Cassidy, CEO of Australian micro-investment app Bamboo, has claimed that the Australian Securities Exchange’s (ASX) bias against listing crypto companies is causing an Aussie brain drain leading firms to seek out a US listing. Cassidy’s comments come in the same week the company announced a $3 million ($4M AUD) Series A investment round including …
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Shiba Inu falls after $2.3B of SHIB moved from whale wallet
The price of Shiba Inu has fallen 11% after a series of transactions from the whale wallet that famously transformed a $3400 purchase last August into $1.55B. On November 2, the whale moved ten trillion, one hundred thousand Shiba Inu tokens to four separate wallets. Each transaction was worth approximately $586M USD, totaling about $2.3B …
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Nifty News: FTX and Wildcats’ basketball NFTs, WeMeta’s $1.1M funding, Zed Run’s Netflix tie-in
FTX’s latest sports sponsorship The University of Kentucky has entered into a sponsorship agreement with FTX.US for the men’s Wildcats basketball team to act as brand ambassadors. Players will receive a monthly USD stipend from FTX.US paid in FTX debit cards and will also be able to create their own NFTs on the FTX NFT …
Shiba Inu and Dogecoin emerge as the most traded cryptos on Indian exchanges
Pundits ring ‘market top’ alarms as Coinbase crosses TikTok to become top AppStore app With a current market cap of $42,2 billion, Shiba Inu (SHIB), climbed all the way up to the top ten cryptocurrencies. Ana Grabundzija · 6 days ago · 2 min read Go to Source
Jungle Freaks NFT sparks racism issues as social groups get offended
Over 3,200 Jungle Freaks NFTs have been sold in the last couple of days after it was discovered that George Trosley, the project designer, had drawn racist cartoons in the 1970s. This has led to the crash of the floor price of the token from 1.3 ETH to 0.4 ETH. Jungle Freaks NFT has racism …
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Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes
During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi today, gaining 4.65% during the last …
LTNM and OSO ATMs Enters Into a 3 Year Partnership to Install LTNM ATMs in the US
press release PRESS RELEASE. Palo Alto, CA – LTNM, the next generation, insured asset-backed cryptocurrency, is proud to announce an exclusive partnership with OSO ATMs, one of the biggest ATM providers, to help install 100,000 LTNM ATMs across all fifty states in the United States. Developed by Monsoon Blockchain Corporation on behalf of the LTNM …
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