A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic …
Yearly archives: 2021
Play-to-Earn Gaming Guild Raises $18 Million in Funding Round Led by Animoca Brands
A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic …
One million ETH worth have been burned since the implementation of EIP-1559 in August
In a Twitter post published Wednesday, blockchain research firm CryptoRank revealed that over 1 million Ether (ETH) (worth $4.24 billion) had been burned since the introduction of the EIP-1559 protocol in August as part of the London hard fork. The EIP-1559 protocol reformed the Ethereum fee market, modifying the limit for gas fees and introducing …
Twin Peaks: Comparing The Two 2021 Bitcoin Tops
Speculation has been going on in the crypto community as to whether the $69k Bitcoin top was the peak of this bull run. Here’s a comparison between some indicators to see how this top compares with the $65k April peak. Comparing the Metrics Between The Nov 10th And April 14th Peaks As per the latest …
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Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates. …
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India: A Back & Forth Affair With Cryptocurrency
India has reportedly been set to ban all but a few private cryptocurrencies. What does it mean, and what could lie ahead? Throughout the history of cryptocurrency, many countries have attempted to ban and limit access to coins and digital wallets. Some have had success for a small window of time, only to see it …
India: A Back & Forth Affair With Cryptocurrency
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Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion worth of ethereum using today’s exchange rates. …
Continue reading “Ethereum Has Burned More Than a Million ETH Over the Last 3 Months”
Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO
Bitcoin (BTC) and most major altcoins continue to be pinned below their respective overhead resistances, indicating that bears are selling on rallies. According to Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, “whales are depositing Bitcoin to exchanges.” Curiously, the outflows from the exchanges have also continued and due to this, the reserves are …
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Ripple CEO bashes DOGE, says it is not good for the crypto market
Despite all the success from earlier this year and the fact that it inspired the entire memecoin market, Dogecoin still did not impress Ripple CEO, Brad Garlinghouse. Garlinghouse warned all those tracking the meme coin, saying that he is actually not convinced that DOGE is good for the crypto market. His comments about DOGE came …
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Cardano (ADA) Set To Begin Trading On Bitstamp On Wednesday
Cardano (ADA) is set to debut on top cryptocurrency exchange Bitstamp. The altcoin has not had a good run of it lately but things seem to be looking up for the project. After smart contract capability had been deployed on the network, expectations had swelled for the possible growth of the digital asset. Now, while …
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Video Games and NFTs: Which Companies Will Embrace Crypto Collectibles?
Some of the biggest gaming companies have taken notice of NFTs. Here’s what they’ve said on the matter. Non-fungible tokens, or NFTs, have attracted plenty of attention in recent months. These digital collectibles have great potential in video games, as they can be used to handle ownership of in-game items, costumes, and other assets. Though …
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India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank of India (RBI). Indian Government …
India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank of India (RBI). Indian Government …
Top 3 Tips for Making a Fortune Trading on TurboXBT
TurboXBT offers simplistic trading tools that help traders of all experience levels make up to 90% instant profit from a single trade. The platform currently offers outstanding conditions that put you in control of your entire trading experience. Using state-of-the-art synthetic trading algorithms, the platform levels the playing field in the ever-volatile crypto market, allowing …
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Bitcoin Price Prediction: BTC/USD Still Trading Under $58,000
Bitcoin Price Prediction – November 24 The Bitcoin price drop today as the cryptocurrency breaks beneath $57,000 and heads toward $55,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $63,000, $65,000, $67,000 Support Levels: $51,000, $49,000, $47,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is seen dropping with another loss of 1.66% …
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